Webzen labor union to stage Korean game industry’s 1st strike
The game maker’s management and labor union have tried to negotiate a salary raise since December, but they eventually failed to reach an agreement.
South Korea
Yoon Suk-yeol likely to meet Biden virtually first before meeting in person
President-elect Yoon Suk-yeol has emphasized the need to raise the level of the Korea-US alliance to the next level since he was a candidate.
6 out of 10 Koreans support BTS’ alternative military service
The survey also revealed that 74.9% surveyed believed BTS members would be able to help improve country’s global standing and the cultural enhancement by serving alternative…
Finding our way ‘back to the Republic of Korea’
The writer hopes the Yoon administration can straighten out those problems of the previous administration and return the good old Republic of Korea safe and sound.
Korea’s large retailers jump into e-commerce market for designer goods
Affiliates of conglomerates that own nationwide networks of department stores are taking steps to get a piece of the pie as online luxury sellers are facing a counterfeit crisis.
IMF slashes Korea’s growth forecast to 2.5%
In contrast, the Ministry of Economy and Finance of Korea and the Bank of Korea have yet to revise their growth target of the 3.1% predicted in Dec 2021 and 3% in Feb 2022.
‘Seoul has full potential to become Asia’s next financial center’: Deputy mayor
A major step toward becoming a leading financial center would require easing regulations and improving tax benefits for businesses, according to Hwang Bo-youn.
BTS attracts over 620,000 fans to Las Vegas concerts
During the four “Permission to Dance on Stage - Las Vegas” shows at the Allegiant Stadium, nearly 200,000 fans showed up to the sold-out concerts.
Nuclear envoys of South Korea, US condemn North Korea missile provocations
North Korea recently revealed that it test-fired a “new type of tactical guided weapons system” as part of efforts to enhance its capabilities to effectively operate…
South Korea’s retailers hope for sales recovery as social distancing rules removed
With the return of sample food tasting and lipstick testing, retailers expect a business boost in stores.