Archive by category Business

The government plans to adopt a performance-based salary system on a wider scale as part of its efforts to reform the public sector, government sources said …

 A sense of frustration seems to be pervading the halls of Samsung Electronics as incentives for the year 2015, dubbed the overall performance incentive, are …

SK Planet, owned by South Korea’s largest telecom carrier SK Telecom, said Thursday that it will sell off its 15 percent stake in Loen Entertainment, the …

The Ministry of Agriculture and Food on Thursday denied rumors of the government’s reported plans to launch a halal food-processing complex in the …

Dayou Winia, a South Korean consumer electronics company best known for its kimchi refrigerator brand Dimchae, is planning to launch its new rice cooker, the …

Shinhan Financial Group came in at 18th place on a list of the world’s 100 most sustainable companies, announced Wednesday at the ongoing World Economic …

The amount of money foreigners spent on buying duty-free products in Korea declined for the first time, a group of domestic duty-free operators disclosed …

Start-up Seoul is a series featuring figures in Korea’s emerging tech start-up scene. This is the 21st installment. ― Ed.As global-bound Korean start-ups …

With the aged population growing rapidly in the country, it is becoming an increasingly urgent policy task to increase spending by elderly households while …

South Korea’s No. 2 confectionery Haitai Confectionery & Foods said Wednesday it is making preparations for an initial public offering this year. …