Articles by 배현정
배현정
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Hyundai Motor's workers reject wage deal in labor union vote
Workers at South Korea's leading carmaker Hyundai Motor Co. have voted down a tentative wage-hike agreement, forcing their labor union to renegotiate the thorny issue, union officials said Saturday.It marks the first time that the firm's unionized workers, currently totaling 49,665, have rejected such an annual pay deal, provisionally agreed, since 2008.A total of 45,777 members participated in Thursday's vote and 35,727 of them, or 78.05 percent, were against the accord. Unionists of Hyundai Mo
Social Affairs Aug. 27, 2016
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Korean president suggests moving THAAD location within Seongju
[THE INVESTOR] President Park Geun-hye said Thursday that the government may consider deploying an advanced U.S. antimissile shield to a new location within Seongju, in a move seen to embrace the protesting local residents.She also reiterated the necessity and safety of the Terminal High Altitude Area Defense, urging the ruling camp and the corresponding region to cooperate with the government’s plan. President Park Geun-hye.The president’s remarks came during a two-hour meeting with 11 lawmaker
Aug. 4, 2016
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South Korean president visits local firm to campaign for flextime working system
[THE INVESTOR] President Park Geun-hye on Wednesday visited a local air passenger service company to encourage and promote the flextime system, a crucial part of the government’s labor reform program aimed at improving work-family balance.She visited Incheon International Airport to meet with officials of Air Korea, an affiliate of conglomerate Hanjin Group in charge of boarding procedures and luggage management of 24 carriers, including Hanjin’s Korean Air. The company has been selected as a mo
June 29, 2016
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Samsung Electronics to hold strategic meeting next week
Samsung Electronics Co. said Monday it will hold its global strategic meeting next week, where top executives will share ideas on finding sustainable growth engines.The two-day meeting slated for June 21-22 will be held at its headquarter located in Suwon, south of Seoul. Around 400-500 executives from home and abroad usually attend the biannual gathering.Executives will share ideas on maintaining growth amid the prolonged global economic slump during the close-door event, industry watchers said
Industry June 13, 2016
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Park: N. Korea should take care of children
President Park Geun-hye voiced hope Thursday that North Korea would take care of its people and children, a sign of her interest in the true lives of North Koreans as South Korea marked Children's Day.The comments came after she watched Russian documentary maker Vitaly Mansky's latest work "Under the Sun," a movie that offered a rare glimpse into life inside North Korea."It would be good if the movie could serve as an occasion to make North Korea abandon its nuclear weapons programs and take car
Politics May 5, 2016
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U.N. chief may visit S. Korea next month: source
U.N. Secretary-General Ban Ki-moon is considering visiting South Korea next month to attend a non-governmental organization conference nearly one year after his last visit here, a government source said Thursday.South Korea hosts U.N. Department of Public Information and Non-Governmental Organizations Conference in Gyeongju, 371 kilometers south of Seoul, from May 30 to June 1. The 66th conference will bring in U.N. officials, diplomats, policy experts and politicians to discuss education and su
Foreign Affairs April 21, 2016
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U.S. working to change human rights situation in N. Korea: ambassador
The United States is working hard to tackle human rights abuses in North Korea on the back of broad bipartisan support, Washington's top envoy to Seoul said Thursday.Ambassador Mark Lippert made the remarks in a forum organized by the Far East Broadcasting Company, saying the issue of North Korea's human rights situation is one of the core concerns of the international community."We are also deeply concerned about the human rights situation in North Korea and are working to actively change it,"
North Korea April 21, 2016
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Two S. Korean sluggers hit first MLB homers
Two South Korean sluggers picked up their first major league home runs Friday (local time), writing a new page in the history of Koreans' advances into Major League Baseball (MLB).Park Byung-ho of the Minnesota Twins delivered a 132-meter solo homer in the top of the 8th against the Kansas City Royals to break a 2-2 tie.It was his third game in the MLB, appearing sixth as the designated hitter.Lee Dae-ho of the Seattle Mariners also hit a solo home run in their home opener against the Oakland At
Baseball April 9, 2016
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Steady stream of people in early voting
A steady stream of people nationwide headed to polling stations Saturday on the second and last day of an early voting period for next week's parliamentary elections.Early voting carries extra weight as a recent survey showed that more than a quarter of the electorate has yet to choose a candidate for the April 13 polls to elect 300 lawmakers for a four-year term.At 3,511 polling stations across the nation, about 3.2 million out of a total of 42.1 million eligible voters, or 7.83 percent, have c
Politics April 9, 2016
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KB Financial, Hyundai Securities to ink takeover deal next week
KB Financial Group is expected to sign a stock-purchase agreement to take over Hyundai Securities Co. next week, industry sources said Saturday.KB Financial was chosen as the preferred bidder in late March, beating two major rivals, Korea Investment Holdings Co. and Hong Kong-based private equity firm Actis, in the bid to acquire a controlling 22.56-percent stake in Hyundai Securities.The deal came in line with Hyundai Group's efforts to revitalize Hyundai Merchant Marine Co., a key shipping uni
April 9, 2016
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Hyundai garners 3 of Germany's top-10 popular import-cars
South Korea's top automaker Hyundai Motor Co. took up three out of the top 10 best-selling import cars in Germany, industry data showed Saturday, reflecting its robust sales in the European market.According to the data compiled by the German Association of the Automotive Industry, Hyundai sold 2,116 units of Tucson, a sport utility vehicle in the country last month, which ranked third after the Nissan Qashqai and the Fiat 500.The Hyundai Tucson, which first reached the European market in the sec
Mobility April 9, 2016
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Seoul shares forecast to take breather next week
South Korean shares are expected to remain in a tight range next week as investors take to the sidelines ahead of corporate earnings seasons at home and abroad, analysts said Saturday.The benchmark Korea Composite Stock Price Index (KOSPI) closed at 1,972.05 points on Friday, down 0.08 percent from a week ago. KOSPI (Bloomberg)The country's stock market started higher this week as investor sentiment was boosted by gains in Wall Street, but caved in to institutional sell-offs, which was in part o
April 9, 2016
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N. Korea claims success in new ICBM engine test
North Korea claimed Saturday that it has successfully conducted a ground test of a new engine for an inter-continental ballistic missile, the latest in a series of Pyongyang's claims of progress in its nuclear and missile programs.North Korean leader Kim Jong-un issued an order to conduct the "jet test of a new type high-power engine of inter-continental ballistic rocket and personally came to the Sohae Space Center to guide the test," the Korean Central News Agency said."The great success made
North Korea April 9, 2016
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Park warns of strong measures over N. Korea's tyranny
President Park Geun-hye pledged Monday to put pressure on North Korea until Pyongyang drops its nuclear weapons program and ends its tyranny.The communist country has long been accused of pursuing nuclear weapons and ballistic missiles while starving its people and violating their human rights."I will sternly and strongly deal with North Korea... until North Korea embarks on the path toward denuclearization and ends the tyranny of oppressing the human rights of North Korean people and pushing th
Politics March 14, 2016
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Tax office launches probe on S. Korea's largest church
South Korea's tax office has launched a tax probe on the country's largest church, sources said Monday.According to Yoido Full Gospel Church insiders, the National Tax Service (NTS) has started going through its tax records."The NTS Seoul Regional Office started the tax probe into our church... It has asked us to set up an investigation office at the CCMM building (located in Yeouido, southwestern Seoul)," Reverend Dr. Lee Young-hoon was quoted as saying by several church officials who later rel
March 14, 2016
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