[MK Business News] Gov’t tax hike plans spill into foreign firms The move by the South Korean government to raise taxes is spilling into workers at foreign firms. Read more Gov’t tax hike plans spill into foreign firms (in English) “증세불똥” 외국기업 뿔났다 (in Korean)
The ECCK welcomes a new staff member. On February 2, Jiyun Choi joined the ECCK as Assistant Manager of PR and Publications. After graduating from UC Berkeley, she has worked mainly in the education sector with ample experience in translation, interpretation, editing, and program development. Jiyun will be responsible for supporting all communications and publications …
The erosion of trust in the South Korean government’s policy, excessive regulations, expansion of ordinary wages and conflict between labor and management have dampened foreign investment sentiment to Korea, showed a poll. Read more
MK Business News published the special report on the business confidence survey conducted by the ECCK, BCCK, FKCCI, KGCCI, and ITCCK. The three-part special article covers general business concerns with a particular focus on rising labour costs; inconsistency in regulation; as well as non-tariff barriers and unfair treatment. The article is available in Korean. – …
[The Korea Times] UK Chamber of Commerce chides unions European business leaders in Korea have asked the government to take steps to handle rising labor costs to help attract direct foreign investment. Read more
[Notice] Seoul City Town Hall Meeting The Seoul Metropolitan Government is preparing a town hall meeting for European residents in late February (the date and time to be announced). The Mayor of Seoul will preside over the meeting where participants can ask questions and raise issues to improve the city’s friendliness towards international residents. …