Financial authorities are gearing up to require companies with over 2 trillion won ($1.5 billion) in assets to submit sustainability reports starting in 2025. However, such efforts are making slow progress as companies are now urging the regulators to extend the period, citing a lack of clear guidelines and costs.
Koreans Working Hours Decline Fastest in OECD chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
The recent appointment of Poongsan Group Chairman Ryu Jin as the new head of the Federation of Korean Industries (FKI), which used to be the country s premier business lobby group, did not come as a surprise to most business insiders, despite the fact that the group s size of assets falls behind those of Korea s 70 other larger firms.
SEOUL (ANN/THE KOREA HERALD) – South Korean President Yoon Suk Yeol granted a series of special presidential pardons on Monday, encompassing 2,176 individuals which included 12 notable business magnates. The presidential pardons are part of preparations for the upcoming Liberation Day on August 15 and the primary motivation behind the move is to stimulate the […]
President Yoon pardons 12 business tycoons to spur 'economic recovery' Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.