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Tuesday, December 12, 2017

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NTS Investigation
2 September 2013 - 3:57pm
The National Tax Service (NTS) launched its first investigation of undeclared foreign bank accounts.  According to the NTS on September 1, it has started to investigate 47 people suspected of having...
President Park Geun-hye guides CEOs of medium-sized businesses to their seats before having a luncheon meeting on August 29.
Medium Businesses
30 August 2013 - 11:17am
On August 29, President Park Geun-hye said, “Mid-sized businesses are like the spine of our economy,” and added, “Just as humans need strong spines to be healthy, our national economy needs strong...
Japanese Conservative Media
29 August 2013 - 3:11pm
Japanese conservative media criticized UN Secretary-General Ban Ki-moon after he urged political leaders in that country to reflect on its past wartime atrocities at a press conference during his...
President Park delivers a speech at a luncheon meeting at the President’s Office with the heads of the 10 largest business groups on August 28.
Meeting with Top Conglomerates
29 August 2013 - 2:41pm
At 11:45am on August 28, the heads of 10 major business groups like Samsung Group Chairman Lee Kun-hee and Hyundai Motor chairman Chung Mong-koo showed up at the presidential residence, Cheongwadae,...
The headquarters of the Korea Development Bank in Yeouido, Seoul, South Korea.
Back to Before
28 August 2013 - 2:12pm
The Korea Development Bank (KDB) Financial Group and the Korea Finance Corporation established by former President Lee Myung-bak and his government, currently in the process of privatizing KDB, will ...
The BMW 320D pictured above costs 146,630 won (US$131.35) for an oil change in Seoul.
Import Cars
28 August 2013 - 1:57pm
With the market shares of imported cars hovering at greater than 10%, the notion that only rich people can afford foreign cars is no longer true. It is attributable to more diverse cars on the market...
Pan Asia Consultative Body
28 August 2013 - 10:56am
The 11th Seoul International Derivatives Securities Conference opened on August 27, hosted by a local daily newspaper. There, Financial Supervisory Service (FSS) Governor Choi Soo-hyeon said, “With...
The Chevy Spark EV, designed by General Motors, and introduced in Korea on August 27.
Charging Standards
27 August 2013 - 2:11pm
Global electric vehicle companies have started to compete with each other for charging methods in Korea. As GM Korea Company unveils its Chevy Spark EV with the SAE Combo DC fast charging system on...
On August 23, a representative at Seoul Noryangjin Fisheries Wholesale Market checks for irradiation of Japanese pollack using a mobile radiation detector.
Radioactive Contamination Rumors
26 August 2013 - 3:27pm
While the fear of irradiated water leaking from around the Fukushima Nuclear Plant continues to spread, consumers have become more suspicious of the fish imported from Japan, mainly pollack and...
Unification Church
26 August 2013 - 3:08pm
On August 23, a memorial service for Moon Sun-myung, the founder of the Family Federation for World Peace and Unification (also known as the Unification Church), was held at the ChungShim Peace World...
A Greenpeace team member’s contamination monitor hits its maximum of 9999 at Tsushima village, 40 km from the Fukushima Daiichi Nuclear Power Plant, on March 26, 2011.
Radioactive Contamination
26 August 2013 - 2:03pm
Rumors about radiation leaks in Japan are spreading like wildfire on the web as the Japanese government admitted last month that radioactively-contaminated underground water had flowed into the ocean...
Pictured above is GM Korea’s plant in Boryeong, which focuses on manufacturing transmissions and engine components.
Ordinary Wages
21 August 2013 - 9:03pm
“I’m so worried about my company that I can’t fall asleep these days,” said the CEO of a local auto parts manufacturer, adding, “If the court rules in favor of the employees, I have to shoulder about...

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