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Reporter : Yoon Ja-young
Mon, September 25, 2023 | 22:34
Glass ceiling still thick in Korea
One out of four workers at conglomerates is a woman, but the glass ceiling still seems to be thick, as Korea recently fell in female employment numbers with figures far below the average of developed countries.
JTI Korea promotes smoking etiquette
Smokers are being called to exercise proper manners these days, to co-exist peacefully with non-smokers. JTI Korea, the Korean unit of the global cigarette company Japan Tobacco International (JTI), held a campaign Friday to promote proper smoking etiquette.
Korea rated poor in labor market, management practices
Korea's overall competitiveness has improved from last year, but it is still lagging behind in terms of labor market and management practices, a report by an international research institute showed Thursday.
WeMakePrice, Coupang penalized for abusing suppliers
The country's leading online shopping malls WeMakePrice, Coupang and Ticket Monster faced 130 million won in penalties for abusing suppliers.
Asia gathers to resolve water problems
An international body organized by K-water to tackle water problems has begun holding a board meeting.
Duty free licenses to be extended to 10 years
Conglomerates operating duty free shops may be able to have their operational duration guaranteed for 10 years after obtaining licenses. The government will also issue more licenses when the number of tourists and sales at duty free stores surge.
Domestic consumption showing signs of slump
While Korea's outbound shipments continue sustaining the economy, domestic consumption is showing signs of a slump with top retailers reporting falling sales.
'Inter-Korean shares' face murky outlook
Stocks related to inter-Korean economic cooperation are fluctuating, as the outlook on the peaceful reconciliation with North Korea is turning uncertain. It adds to the concern of small investors who purchased those shares on credit.
Voices growing against minimum wage hike
The Moon Jae-in administration's plan to steeply raise the minimum wage is facing hurdles as voices opposing the plan are gaining momentum.
Korean firms vulnerable to speculative hedge funds
As global activist hedge funds are increasingly threatening local businesses, entrepreneurs are demanding the government provide them with shields such as poison pills and golden parachutes.