The country’s major financial groups are stepping up to help merchants at a traditional market in Seocheon, South Chungcheong Province, affected by fire.
"SPARK" Trends: Insights from Shinhan Card's Analysis of Consumer and Social Media Data koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
As local card issuers struggle to seek new growth engines on foreign ground, a handful saw improvements in 2023. Making a surprise breakthrough overseas last year was Woori Card, which posted a cumulative net profit of around 6.25 billion won ($4.64 million) as of the third quarter through its foreign subsidiaries in Myanmar and Indonesia. The figure was up by almost 78 percent on-year. Driving the flourish was Woori.
Shinhan Card announced Thursday that its Kazakhstan unit, Shinhan Finance, secured about 31 billion won ($24 million) from Aster, a leading automobile dealer in the Central Asian country, for a new joint venture, becoming the first Korean card company to win investment from an overseas entity. The two companies agreed to set up a joint venture worth 62 billion won to seek synergy in Kazakhstan’s burgeoning micr.
South Korea's Labor Ministry will launch an investigation into workplaces suspected of screening out job applicants who graduated from women's universities, a ministry official said Thursday. The investigation plans have come after a post on anonymous online employee forum Blind went viral. “As a corporate recruiter, It's not like we exclude all women but if (the applicant) is from a women's.