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S.KOREA

Labor, employers unsatisfied with minimum wage hike

By AsiaToday reporter Jang Min-seoSouth Korea decided to raise the minimum wage for next year to 8,350 won ($7.37) per hour, up 10.9 percent from this year. It is a double-digit rate of increase for the second consecutive year, but it seems tough for the Moon Jae-in administration to achieve its goal of raising the minimum wage to 10,000 won by 2020. Besides..

Justice ministry prepares bill to ban cryptocurrency trading
By AsiaToday reporter Heo Gyeong-joon The Ministry of Justice is preparing a bill to curb overheating in the cryptocurrency market, including a shutdown of..

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