Young Koreans are increasingly shunning working for small and medium-sized enterprises (SMEs) despite the falling employment rate of young people that inched down 0.3 percentage points year-on-year to 45.9 percent in March.
President Yoon Suk Yeol is expected to name a new presidential chief of staff, Sunday at the earliest, in what would be his first move to overhaul state affairs after a resounding defeat in last week s General Election, sources at the presidential office said Saturday.
Incheon Metropolitan City signed a memorandum of understanding (MOU) with Shinhan Bank on Monday for a partnership to win the right to host the 2025 Asia-Pacific Economic Cooperation (APEC) summit in the western port city.
Incheon Mayor Yoo Jeong-bok met with Cezar Manole Armeanu, the Romanian ambassador to Korea, Tuesday, to foster stronger economic and cultural ties between the Korean port city and the European country.
Incheon’s child-rearing support plan to provide a total of 100 million won ($76,746) to all children born in the port city until they turn 18 is igniting controversy and mixed reactions. The plan is poised to start next year.