SOUTH KOREA
Cho Won-tae’s remuneration is a sum of his earnings from both Korean Air and Hanjin KAL, with the former contributing 39.17 billion won and the latter 42.39 billion won. This increment comes after a long period of frozen executive compensations due to the financial strains induced by the COVID-19 pandemic. From April 2020 through 2022, … 더 읽기
Hydrogen cars, once touted as the future of green transportation, faced dwindling sales in South Korea, dropping to single digits earlier this year. However, the introduction of substantial government subsidies has breathed new life into the market. In February 2024, domestic sales of hydrogen cars rebounded to 331 units, a figure close to the monthly … 더 읽기
At the heart of this conflict are the contrasting visions for the company’s future direction. On one side, we have the founder’s widow, Song Young-sook, and her daughter, Lim Joo-hyun, advocating for integration with OCI Group. This move is seen as a strategic effort to secure funding for inheritance taxes while ensuring the company’s management … 더 읽기
