AJU PRESS - ASIA NEWS HUB

Bonus polarization deepens as Lunar New Year exposes divide in Korean Inc. SEOUL, February 13 (AJP) - As millions of South Korean breadwinners return home for the Lunar New Year, many do so with thinner envelopes and tighter wallets. This year’s Seollal holiday arrives amid an uncomfortable contrast: a red-hot stock market and record-breaking bonus payouts at a handful of corporate champions, even as a growing share of companies scale back seasonal bonuses. According to a s
Seollal in motion: More opt to travel, but tradition lives on SEOUL, February 13 (AJP) - On a quiet winter morning, the scent of beef broth fills Korean homes. A carefully arranged table is set before elders. Children bow deeply, offering New Year’s greetings — “Saehae bok mani badeuseyo,” or “May you receive many blessings in the new y
Chip-led export price gains more than offset Korea's import inflation in Jan SEOUL, February 13 (AJP) - South Korea's export prices picked up far faster than import prices in January on the back of strong semiconductor demand, more than offsetting import inflation caused by a weak currency, data showed Friday. According to the Bank of Korea, January export prices climbed 4.0 percent from December and 7.8 percent from a year earlier, accelerated from a 0.6 percent monthly gain an