Heirless, baby boomer SME owners in search of buyers
As baby boomer owners are retiring, their offspring opt to inherit cash instead of family business By
An automotive parts plating plant in Incheon, South Korea
The son of a South Korean manufacturing company s owner, with a Ph.D degree in engineering, has refused to take over his father s business and instead chose to work for an IT company. The daughter of another small Korean manufacturer s founding family is demanding cash instead of shares in her father’s company because she wants to continue her career as a professional doctor.
The two companies are among the small to medium-sized enterprises (SMEs) whose founding families have recently asked a top accounting firm to find buyers.
Korean PEFs 2020 investments, exits at record highs
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Foreign Minister asks South Korea to protect Indonesian sailors
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FM should be proactive in releasing Korean tanker s Indonesians: MP 7th January 2021
Deputy Chairman of the House of Representatives (DPR) Azis Syamsuddin. ANTARA PHOTO/ Reno Esnir/wsj/aa.
The Foreign Ministry must be active in releasing Indonesian crew members (aboard the tanker) seized by Iran Jakarta (ANTARA) - House of Representatives (DPR) Deputy Chairman Azis Syamsuddin urged the Foreign Ministry to adopt a proactive approach in releasing two Indonesians aboard a South Korea-registered chemical tanker seized by Iran in the Strait of Harmuz. The Foreign Ministry must be active in releasing Indonesian crew members (aboard the tanker) seized by Iran. It must intensify all communication networks to handle their condition, provide them mentorship, and free them as far as we can, Syamsuddin noted in a written statement released on Thursday.