(English Edition)  Global Enterprise News [GEN] -  Google News
2nd. Edition:  2020-September 

Global Enterprise News Broadcasting System [GEBS] 1st. Live News

Bill Gates says Pfizer has best shot at early COVID-19 vaccine

Bill Gates says Pfizer has the best chance of seeking emergency approval for a coronavirus vaccine by next month even though he thinks such an aggressive timeline is unlikely.

Corona Chuseok 'Kim Young-ran Act' announced an upward revision of the upper limit of agricultural and fisheries products futures from 100,000 won to 200,000 won.

A major Korean holiday, Chuseok (also known as Korean Thanksgiving), is coming at the end of the month (September 30 – October 2), and for this holiday season only, the Korean government has passed a temporary increase to the gifts threshold under the Anti-Graft Act.

Trump nominated for Nobel Peace Prize by Norwegian official, citing Israel-UAE peace deal Nomination was submitted by Christian Tybring-Gjedde, a member of the Norwegian Parliament

President Trump: Israel and the UAE have agreed to finalize a historic peace agreement President Trump announces a ‘historic peace agreement’ between Israel and the United Arab Emirates, saying they agreed to ‘full normalization of relations.’

Volkswagen CEO Herbert Diess denies Tesla ties after he is seen with Elon Musk

Volkswagen CEO Herbert Diess brushed aside speculation of a potential partnership with Tesla after he gave Elon Musk a test drive of the German carmaker’s new ID.3 electric car.

The 2020 white paper on foreign companies in Korea, the average annual salary of Korea Country Managers is more than 300 million won, and the average annual salary of new college graduates is 35 million won.

KOFA , The Korea Foreign Enterprise Association [CEO, Kim Jong-cheol,54 ] published the results of its survey on salary and benefits of foreign companies in Korea conducted in April this year. The survey was conducted on 2,000 foreign companies in Korea and 135 companies responded.

The average annual salary of the country manager was more than 300 million won (28.68 percent), and it seems to be a slight increase from 250 million won in 2019. The average annual salary of executive-level officers (full-time, executive and director) was 100 to 150 million won (38.71 percent).

The average annual salary of the manager and team leader is 70 to 90 million won (54.84%),The deputy manager's salary is 50 to 70 million won (70.97 percent),Working-level officials ranged from 35 million won to 45 million won (70.97 percent), New college graduates entry level ranged from 30 million won to 35 million won (45.16 percent).

Elon Musk worth more than $100B as Tesla’s stock keeps surging

Make room, Jeff, Bill and Mark: the 12-digit club has a new member. Elon Musk’s fortune crossed the $100 billion mark on Friday as Tesla’s shares continued a dizzying rally that has seen the company’s market cap more than quadruple this year.

This colorful billionaire reportedly played outsized role in recent market rally

The mystery player behind the unprecedented summer tech rally appears to be the colorful billionaire CEO of Japanese conglomerate Softbank.

NDB’s battery tech manage a 40% charge, which is a big improvement over the 15% charge collection efficiency

Pleasanton-based green energy startup NDB, Inc. has reached a key milestone today with the completion of two proof of concept tests of its nano diamond battery (NDB) .

Boeing CEO pledges a 20 percent increase in black employees

Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters

FTC grills Mark Zuckerberg in Facebook antitrust probe

The Federal Trade Commission questioned Facebook CEO Mark Zuckerberg this week as part of its antitrust investigation into the social-media titan, reports say.

Tim Cook(Apple CEO) is a billionaire after Apple stock jumps

Apple CEO Tim Cook became a billionaire this month, after nine years at the helm of the world’s most valuable company.

Siemens to let staff ‘Work From Anywhere’ permanently

Germany’s Siemens has decided to let its employees work from wherever they want for two or three days a week, in the latest example of how the coronavirus is making major companies re-think how and where their staff work.

Ex-Google engineer Anthony Levandowski gets 18 months for stealing trade secrets

A former Google engineer who stole self-driving car technology for Uber was sentenced this week to 18 months in prison, in what a California judge called the “biggest trade secret crime” he’s ever seen.

Netflix names Ted Sarandos co-CEO as stock tanks on slowing growth

Netflix said it tapped its longtime content chief Ted Sarandos to run the streaming giant alongside its founder Reed Hastings — just in time to deal with fears that growth will slow.

[G-CEO] Global Enterprise CEO Association, announce the results of the survey on wages and benefits of foreign companies in Korea, and hold a rooftop event

[G-CEO] under the jurisdiction of the Ministry of Trade, Industry and Energy, announced on the 22nd that the held a rooftop dinner event at the Glad Live Gangnam Hotel and announced the results of the 2020 survey on wages and benefits of foreign companies by Mr. Roo Sung-hyun ( attorney for law firm Lee & Ko ).

AMCHAM Korea ,New York Times International President Stephen Dunbar-Johnson to host an online special lecture

AMCHAM Korea ,New York Times International President Stephen Dunbar-Johnson to host an online special lecture A special lecture was held at 4:30 p.m. (3 a.m. local time) on September 3 through Zoom Online Video. Agenda was business strategy for Asia and the dynamics shaping the global media landscape.

2020 Korea Foreign Enterprise Business White Paper, [KOFA REPORT ] Published News

Distribution :
(G-CEO) Full member of the Global Enterprise CEO Association in Korea [G-CEO] - Free distribution - In the case of a non-member corporation or individual You can only purchase certain donations from the association upon payment.

Standard for full membership:
 As of August 2020, a full-time member who joined the G-CEO Association and completed the payment of membership fees.

Main table of contents
 Introduction
 Major Press Release
 Direct Foreign Investment Trend and Domestic and Foreign Market Trends in the First Half of 2020
Part 1 2020 Salary survey
Part 2 2020 Welfare Benefit survey Enterprise Labor Cost  Report
Part 3 Korea Country Manager Turnover Update
Part 4 Membership Directory
          Association of Global Enterprise CEO in Korea [G-CEO]
          Korea Foreign Enterprise HR Association [KOFEN HR]
Part 5 The latest version of the Labor Standards Act Updated
          (Korean and English ver. 2020)
Part 6 Handbook of Foreign Companies in Korea
           (2,765 Companies Update as of 30th of July)

(Excel , PDF file will be sent separately)
 (*) Animated Video Description ( 2020 Salary & Benefits Result )
 (*) 2020 Foreign Enterprise Business White Paper

- E Book The 2020 Foreign Enterprise Business White Paper (KOFA REPORT 2020) will share data such as E-Book , animation video, PDF, and Excel through Online Cloud Drive in addition to this basic booklet. The method of sharing will be sent by individual email.

How to order to get contents:
1. Download the attached order application form and sign it.
2. Send an Application to the G-CEO Secretariat
3. Payment of sponsorship amount (Provided receipt of payment evidence)
4. E-mail from the Secretary-General (E-BOOK , animation presentation video, etc.) 

2020 KOFA REPORT- Sample E-book Preview url --> https://online.fliphtml5.com/yqolq/fddd/
Animation Presentation Video Preview url --> https://vimeo.com/456755117


 

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      주한외국기업뉴스 [GEN]  
The Voice of Foreign Enterprise & People in Korea!

Purpose of issue:
It provides activities and information for foreign companies operating in Korea and contributes to the revitalization of foreign-invested companies, economic revitalization, and employment promotion.

Contents of Issued: 
Current status of foreign companies operating in Korea and other economic activities such as investment and employment;

News Title : Global Enterprise News [GEN]
Registration number :  Seoul , Ah 52703
Editorial and Publisher: Mr.Kim Jong Cheol
Youth Protection Officer: Kim Hee-je
Issuing station:Bongeunsa-ro 129, 823 (Nonhyeon-dong, Geopyeong Town) in Gangnam-gu, Seoul

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