Most Popular
-
1
Medical profs at top hospitals suspend surgeries, clinics
-
2
Exports to US reach all-time high, widen gap with China
-
3
Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
-
4
Samsung chip business back on track, logs W1.9tr operating profit in Q1
-
5
Shinsegae faces showdown with investors over SSG.com's delayed IPO
-
6
[Music in drama] Rekindle a love that slipped through your fingers
-
7
Hopes rise for possible Gaza truce deal
-
8
S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
-
9
[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
-
10
On May Day, labor unions blast Yoon's foreign nanny proposal
-
[CHAEBOL EXPENSES] Top 10 chaebol spent over W30tr on entertainment expenses
[THE INVESTOR] South Korea’s top 10 conglomerates spent 31.3 trillion won (US$28.3 billion) on entertainment expenses from 2012 to 2015, according to research from Herald Business and The Investor. The firms -- Samsung, Hyundai Motor, SK, LG, Lotte, GS, Hanwha, Hyundai Heavy Industries, Hanjin and Doosan -- spent an average 7.57 trillion won a year for accounts set aside for entertainment purposes or miscellaneous spending. The miscellaneous account is not always used for entertainment purposes,
Aug. 18, 2016
-
SK Group vice chairman released on parole
[THE INVESTOR] SK Group vice chairman Chey Jae-won was released from prison on parole on July 29. Chey was imprisoned along with his brother SK Group chairman Chey Tae-won in February 2014 for embezzling 45 billion won (US$40 million) from the company. "The economy is struggling, and (I) will add (my) small effort to revive the economy and creating jobs," Chey said. SK Group Chey Jae-won bows as he is released on parole on July 29. Chey was imprisoned along with his brother SK Group chairman Ch
July 29, 2016