Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser

    Trump picks ex-N. Korea policy official as his principal deputy national security adviser
  2. 2

    S. Korea not to attend Sado mine memorial: foreign ministry

    S. Korea not to attend Sado mine memorial: foreign ministry
  3. 3

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms

    Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
  4. 4

    [Weekender] Korea's traditional sauce culture gains global recognition

    [Weekender] Korea's traditional sauce culture gains global recognition
  5. 5

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'

    BLACKPINK's Rose stays at No. 3 on British Official Singles chart with 'APT.'
  1. 6

    Wealthy parents ditch Korean passports to get kids into international school

    Wealthy parents ditch Korean passports to get kids into international school
  2. 7

    Gyeongju blends old with new

    Gyeongju blends old with new
  3. 8

    Over 80,000 malicious calls made to Seoul call center since 2020

    Over 80,000 malicious calls made to Seoul call center since 2020
  4. 9

    Korea to hold own memorial for forced labor victims, boycotting Japan’s

    Korea to hold own memorial for forced labor victims, boycotting Japan’s
  5. 10

    Nvidia CEO signals Samsung’s imminent shipment of AI chips

    Nvidia CEO signals Samsung’s imminent shipment of AI chips
지나쌤

[Photo News] Resistance

By Korea Herald

Published : Nov. 1, 2016 - 16:05

    • Link copied

Trade union members of Daewoo Shipbuilding & Marine Engineering protest against the government-led restructuring measures for the shipbuilder. The Korea Development Bank on Tuesday announced an additional measure to swap more than 1.6 trillion won ($1.4 billion) of debts into equities and resume stock tradingby March 2017 in order to salvage the shipbuilder from capital erosion. DSME’s trade union, meanwhile, is opposed to the measures, which require layoffs of about 5,000 employees. Around 1,300 workers left the company through voluntary redundancies as of October. (Yonhap) Trade union members of Daewoo Shipbuilding & Marine Engineering protest against the government-led restructuring measures for the shipbuilder. The Korea Development Bank on Tuesday announced an additional measure to swap more than 1.6 trillion won ($1.4 billion) of debts into equities and resume stock tradingby March 2017 in order to salvage the shipbuilder from capital erosion. DSME’s trade union, meanwhile, is opposed to the measures, which require layoffs of about 5,000 employees. Around 1,300 workers left the company through voluntary redundancies as of October. (Yonhap)

More from Headlines