INTERVIEW: World-OKTA committed to empowering Korean businesses to go global

INTERVIEW: World-OKTA committed to empowering Korean businesses to go global

SEOUL, February 23 (AJP) - World-OKTA (World Federation of Overseas Korean Traders Associations) plays a pivotal role in connecting South Korean entrepreneurs worldwide and supporting the global expansion of small and medium-sized enterprises (SMEs). Established in 1981 by South Korean entrepreneurs working abroad to promote exports and economic growth, the organization now operates in 151 cities across 71 countries.

Fathers make up over 30 percent of parental leave users in South Korea for the first time

Fathers make up over 30 percent of parental leave users in South Korea for the first time

SEOUL, February 23 (AJP) - For the first time, more than 30 percent of all parental leave users in South Korea were fathers last year, showing that more men are willing to take time off to care for their children. According to the Ministry of Employment and Labor on Sunday, 256,7

South Korea's growth could sink to 1 percent, British firm warns

South Koreas growth could sink to 1 percent, British firm warns

SEOUL, February 21 (AJP) - A London-based research firm has issued a dire warning about South Korea’s economic outlook, forecasting that the country’s growth rate could fall to just 1 percent this year — a sharp decline that underscores mounting political and financial