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South Korea: women executives almost nonexistent at public companies

South Korea: women executives almost nonexistent at public companies

Only one of the 163 senior executives at public firms is a woman, and such a dearth is not likely to end soon due to a lack of women who are in a position to be promoted to the C suite, an analysis showed Wednesday. Corporate appraiser CEO Score surveyed 35 state firms and found […]

Koreans well educated but underperforming

Koreans well educated but underperforming

Rigid labor, education hinder human development South Korea has been locked in an “education paradox” with the country spending huge amounts on educating and training young people only to see their global competitiveness getting left behind year after year. Simply put, they are highly-educated but ill-equipped to bring value to the economy. In addition, the nation […]

South Korea: CEO’s brutal attack on ex-employee

South Korea: CEO’s brutal attack on ex-employee

A video from a Korean investigative journalism team released Tuesday reveals the shocking moment a high-profile online business guru attacks a man at one of the companies he owns. In the video report jointly produced by News Tapa and its investigative team Sherlock, a former employee of Korean online file-sharing site WeDisk follows Yang Jin-ho, the company’s […]

Korean economy-boosting measures

Korean economy-boosting measures

South Korea’s chief economic policymaker said Thursday that the government may draw up a set of measures to boost domestic demand during the second half of the year in a bid to help create more jobs and tide over external conditions such as a growing trade tussle between the United States and China. “Job creation […]

South Korea kicks off 52-hour maximum workweek

South Korea kicks off 52-hour maximum workweek

Starting this month, South Korean workers cannot work over 52 hours per week — they are allowed 40 hours of regular work and 12 hours of extra work time. If the rules are not followed, a business owner can face up to two years in prison or a fine of up to 20 million won […]

Dabbawalas’ Mission: Delivery Food On Time, Every Time

Dabbawalas’ Mission: Delivery Food On Time, Every Time

Dabbawala delivery system Around 5,000 workers distribute more than 200,000 tiffins (Indian English word for the light meal during midday) every workday in Mumbai. Founded in 1890, the Dabbawala service begins with picking up lunches from families’ homes and then delivering them to people’s offices. The service is very cheap (customers pay around $7 to […]

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