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SEOUL: Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or "chaebol", to attract more foreign direct investments to Malaysia.
SEOUL: Prime Minister Datuk Seri Anwar Ibrahim met with a representative from a "chaebol", a prominent figure from South Korea's conglomerates, on Tuesday (Nov 26), in an effort to attract more foreign direct investment (FDI) into Malaysia.
Korea’s family-owned conglomerates have enjoyed their privileges for decades. That may be set to end.
SEOUL (The Korea Herald/Asia News Network): South Korean prosecutors said on Thursday (Jan 26) they have indicted 17 people on charges of distributing cannabis in the country, where owning and using the substance are strictly prohibited.
Lee Sun-kyun, known for his role in the Oscar-winning movie Parasite, will be summoned for questioning some time this week at the earliest, according to reports on Sunday citing police, as part of an expanding investigation into suspected drug abuse involving the actor and others, including chaebol offspring.
SEOUL (Reuters): An anonymous messaging app called Blind used by South Korean employees to air their grievances is helping change management attitudes towards workers in some of the nation's biggest companies.
South Korean finance tycoon Cho Jung-ho is edging closer to ending Samsung Electronics Co executive chairman Jay Y Lee's two-and-a-half-year reign as the nation's richest person.
Revenge-themed K-drama is the most fun you'll have watching trashy twists unfold. Bring earplugs.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (Nov 26, 2024)
A spat between two wealthy South Korean families over the future of an US$11bil zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.
Samsung Electronics issued a rare apology and acknowledged on Oct 8 it was facing a "crisis" over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom.
Traditional ways of family-orientated giants scorned upon
SEOUL: South Korean prosecutors have indicted Kakao Corp. founder Brian Kim on charges of stock manipulation, kicking off a watershed case that’s transfixed South Korea’s young internet industry.
South Korea’s mom-and-pop investors are defying last week’s global financial markets rout by pouring even more funds into US stocks, a years-long trend that analysts and investors bet will continue due to the depressed value proposition at home.
Two self-made South Korean billionaires have pledged in as many weeks to give away half their fortunes – a rarity in a country where business is dominated by family-controlled conglomerates and charity often begins and ends at home.
SEOUL (AFP): Two self-made South Korean billionaires have pledged in as many weeks to give away half their fortunes -- a rarity in a country where business is dominated by family-controlled conglomerates and charity often begins and ends at home.
SEOUL: For decades, South Korea has levied an inheritance tax of as much as 60 per cent on the controlling shareholders of firms like Samsung Electronics, forcing billionaire families to perform financial contortions in order to pay up.
South Korea again failed to obtain the reclassification of its stock market as a developed market by global index provider MSCI after the country reimposed a full ban on stock short selling, which overshadowed positive assessment among foreign investors of the country’s efforts to lower the barrier for access to financial markets here.
SEOUL: The "nut rage" heiress who forced a plane to turn back over her macadamias is fighting a bitter battle -- with activist shareholder support -- against her brother for control of the family airline, highlighting resistance to reform in South Korea's chaebols.
SEOUL: Shin Kyuk-ho, a wartime migrant to Japan who returned home to build a little-known chewing-gum maker into Lotte Group, South Korea’s biggest retailer, has died. He was 97.
