Nov 11, 2015 PM EST - Diana Tomale
A survey conducted by the Federation of Korean Industries revealed that 231 large firms in South Korea allocated 3.5 percent of their pre-tax profits for social donations last year despite the decrease in revenue and profits in the past two years.
Nov 03, 2015 PM EST - Czarelli Tuason
The U.K. has implemented a diverted profits tax known as the "Google Tax" that aims to impose a levy on compnay profits that are cleverly keeping their profits away from the governement and South Korea is seeking to adopt the taxation scheme next year.
Nov 10, 2015 PM EST - Diana Tomale
Seoul Central District Court partially ruled in favor of six plaintiffs who filed a privacy suit against global tech giant Google to disclose any records of personal information it has reportedly shared with third parties.
Nov 01, 2015 PM EST - Czarelli Tuason
According to the European Automobile Manufacturer's Association, Kia Motors Corp. hits record high in European sales for the third quarter of this year, with a total of 95,102 units sold from July to September.
Oct 17, 2015 AM EDT - Diana Tomale
Shin Dong Joo removed his younger brother Shin Dong Bin as the director of a Japan-based packaging company. The elder brother announced the action on Wednesday. Shin Dong Bin will be replaced by his father's secretary.
Oct 17, 2015 AM EDT - Diana Tomale
The competition for lunch box meals among stores in South Korea that offer lunch box meals grows stronger as the demand continues to increase. Stores offer diverse packed lunch to win the taste of its customers.
Nov 03, 2015 PM EST - Diana Tomale
A South Korean skin care company is earning postive feedback from its customers overseas. April Skin garnered applaud from its customers overseas for the products and services it offers.
Oct 26, 2015 PM EDT - Czarelli Tuason
According to the Bureau of Audit and Inspection, two suspects allegedly released falsified development expenses for a fleet of helicopters for Seoul's military earning an unjust profit of at least $ 47.9 million.
Nov 01, 2015 PM EST - Diana Tomale
Diageo-owned brand Guinness aims to win over South Korea's beer market as it launches its "Taste of Black" campaign. The new campaign features the different flavors of Guinness to shun the perception of South Koreans that Guinness is too strong.
Oct 29, 2015 PM EDT - Diana Tomale
Kakao has agreed to cooperate with the South Korean prosecutors by handing over data requested by the latter for investigation to prevent cyber defamation.
Oct 10, 2015 AM EDT - Czarelli Tuason
South Korea's numerous free trade agreements with other countries and a growing market in logistics, manufacturing and service sectors have attracted foreign firms, increasing the country's foreign companies at 8,095 in 2014.
Oct 10, 2015 AM EDT - Diana Tomale
South Korean automakers such as Hyundai Motor and its affiliate Kia Motors are offering discounts to boost its sales. Also, Japanese carmakers like Toyota and Nissan offer promos to increase sales.
Oct 26, 2015 PM EDT - Diana Tomale
An official from Korea Development Bank reveals that they will sell KDB Daewoo Securities in package with KDB Asset Manangement. The state-run bank owns 43 percent and 100 percent of Daewoo and KDB Asset and Management respectively.
Oct 20, 2015 PM EDT - Czarelli Tuason
A scandal broke out in September stating that Volkswagen has been installing emissions cheating software on their deisel vehicles since 2009, causing a nosedive on the company's Spetember sales.
Oct 22, 2015 PM EDT - Diana Tomale
LG Chem will be the supplier of lithium-ion batteries for Yamaha Motors' golf carts until next year. Yamaha Motors is one the largest golf cart makers in the world.
May 08, 2023 AM EDT - Serena Martinez
