The CEO of Kolmar Holdings has announced hefty incentives for its employees to encourage them to have children as the country is suffering from a record-low birthrate and a somewhat gloomy economic outlook as the nation s workforce is downsized, according to the holding company of cosmetic developer Kolmar Group, Tuesday.
Kolmar Group said Thursday that Vice Chairman Yoon Sang-hyun was appointed as the CEO of Kolmar Holdings, the holding firm of the original development and design manufacturer (ODM) of cosmetics products.