Samsung scions to unveil inheritance tax payment plan this week

SEOUL– The scions of Samsung Group, South Korea’s top conglomerate, are likely to unveil a plan this week on how to finance their massive inheritance tax, which includes the donation…

Police seek to adopt auto-lock systems for DUI offenders

SEOUL– In efforts to clamp down on repetitive drunk driving, South Korean police are looking at introducing automatic lock systems in cars owned by people with drunk driving track records.…

Doosan Infracore wins excavator deal from Qatar

SEOUL– Doosan Infracore Co., South Korea’s top construction equipment maker, said Sunday it has secured a deal to supply 102 excavators and other equipment to Qatar. The value of the…

Regulator encourages banks to provide mid-rate loans to low-income people

SEOUL– Financial authorities on Sunday unveiled a plan to encourage banks and other financial institutions to provide mid-rate loans to low-income people and non-prime borrowers. Mid-rate loans are not clearly…

Homeowning newlyweds have more children than couples without homes: data

SEOUL– Newlywed couples who have owned a home since getting married had a greater chance of having children than newly married couples without homes, data showed Sunday, indicating that owning…

Ex-Asiana Airlines chief fined for rejecting menstrual leave

SEOUL– South Korea’s top court said Sunday it has upheld a lower court ruling that found a former Asiana Airlines chief guilty of rejecting menstrual leave for flight attendants. Kim…

Air Force unit in southern city reports more COVID-19 cases

SEOUL– Eight people, including Air Force officers and public servants, based at an Air Force unit in the southern city of Sacheon have tested positive for the new coronavirus, the…

New cases back again under 700 on fewer tests, another wave of pandemic still worrisome

SEOUL– South Korea’s daily new virus cases fell below 700 for the first time in five days on Sunday due to fewer tests during the weekend, amid lingering concerns about…