KIC Director and Executives Donate 30% of Salaries to Overcome COVID-19
[Asia Economy Reporter Minji Lee] Korea Investment Corporation announced on the 1st that President Choi Hee-nam and the management team have agreed to return 30% of their salaries for four months.
The returned salaries will be used to support low-income groups and small business owners who have been severely affected by the COVID-19 pandemic.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
President Choi Hee-nam said, “We decided to return our salaries voluntarily as a way to share the pain and hope for a swift recovery from COVID-19,” adding, “We hope this will provide some help to ordinary citizens and vulnerable groups struggling in this national crisis.”
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
