Asia South Korea Samsung Electronics has promoted a swath of young executives in their 30s and 40s as part of its ongoing efforts refresh its rigid corporate culture; the tech giant said a total of 198 executives were promoted in its year-end executive reshuffle
Asia South Korea Poverty rate among older adults in South Korea fell below 40% for the first time thank to higher pensions and expanded welfare support; Despite the improvement, the country still records the highest elderly poverty rate among OECD countries
Asia South Korea Unionized workers at Samsung Electronics approved a new wage deal, averting an 18-day strike; The agreement includes uncapped long-term stock bonuses tied to semiconductor profits, potentially worth up to $440.000 per employee
Asia South Korea International schools in South Korea are highlighting gaps in the country’s school violence laws; Current rules are tailored to local schools and leave unclear standards regarding bullying and disciplinary cases involving foreign students
Asia South Korea Authorities warned that false terror threats, popular on April Fools’ Day, can trigger panic and major security responses; Police reminded that such hoaxes are punishable offenses, urging the public to avoid pranks that misuse emergency resources