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Celltrion may face further review by FSC on alleged accounting fraud

Financial regulators inspect Celltrion for alleged accounting fraud

By Kang Seung-woo Politicians are drawing criticism for violating the government's ban on gatherings of five or more people. Rep. Woo Sang-ho of the Democratic Party of Korea / Korea Times fileThe lawmakers raising eyebrows are all from the ruling Democratic Party of Korea (DPK). Jung District Office in Seoul said Tuesday that it plans to fine Rep. Woo Sang-ho for violating the government's social distancing rule that bans personal gatherings of five or more people across the nation amid the COVID-19 pandemic. Woo, a four-term lawmaker and former DPK floor leader, has been under siege after ...

A growing number of foreign professionals are leaving Korea due to hefty taxes on their income and capital gains, which are much higher than in Hong Kong or Singapore. Heavy taxation aside, frequent policy changes and arbitrary implementation of tax codes are among many reasons why foreigners find Korea increasingly unattractive to work.