Even Middle Eastern construction companies to enter ¡¯52 hours per week¡¯¡¦Construction completion to be delayed, cost & period to go up

Ten construction sites in the Middle East are expected to be closed by the end of this year, with the 52-hour weekly working hours applied from July. Despite a foreign construction worker belongs to a domestic company,..

Hyundai¤ýKia Motors to release 8 models with partially changed function and design

Hyundai and Kia Motors are expected to release eight partial-change models this year, including the Avante and Sportage. It is no..

¡®Korean peninsula nervousness¡¯ to speed as South and North Korea economic cooperation expected¡¦ ¡°Yielding is unacceptable¡±

It is being watched how the so-called "map of the Korean Peninsula New Economy" will be formed with the resumption of inter-Korean economic cooperation with the inter-Korean summit meeting. If it leads to specific ach..

Job guarantee & welfare cut in negotiation¡¦ GM Korea in painful labor negotiation

GM Korea¡¯s Labor Union has agreed on wage and collective bargaining this year, which it has taken about 80 days. GM Korea, meanw..

Endless 5G frequency minimum auction in controversy¡¦ Expert might be in need in ¡®tender¡¯

While the Korean government has unveiled a draft of a 5G cellular auction to be held in June, three mobile operators and the government are fighting for the minimum auction price. Telecommunication industry claims that th..

Medical equipment export to China in smooth growth¡¦ KRW 170 trillion golden plastic surgery market in lead

Korean medical device makers are spurring on the Chinese market. With the expansion of plastic surgery and dentistry, China is expected to become the largest medical device exporting country. According to the Korea Foo..

Manufacturing conglomerate to show ¡®plus¡¯ result in 1Q overcoming ¡®owner risk¡¯

Despite the recent controversy over various owner-occupied risks, large-cap manufacturing companies` 1Q operating profit rose by more than 20% compared to the same period last year. However, earnings of electronic and IT..