Growing entertainment costs for Korean businesses face scrutiny
Korean businesses
Sejong - Yonhap
Costs of entertaining clients have been going up almost every year for South Korean businesses, straining their resources and undermining fair competition, but they are about to come under heavier scrutiny following the passage of a new anti-graft law.
Data out Monday from the National Tax Service showed that South Korean companies spent some 9 trillion won (US$7.9 billion) on various entertainment, including dinners and drinks, in 2013, an 80 percent spike from 5.4 trillion won in 2004. Entertainment expenses have been on the rise since 2000, with the only exception being in 2005.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:59 2018 Merkel policies in focus in final debate on draft German budget
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soon
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:57 2018 Saturday ,06 October
Indonesia receives foreign aid a week after powerful earthquake
GMT 16:05 2017 Thursday ,21 September
Hot new talent to light up Milan Fashion Week
GMT 10:01 2016 Monday ,28 November
Expo 2020 spurs East participation
GMT 10:00 2017 Monday ,06 March
Iraq to get 10-billion-pound loan for British contracts
GMT 15:01 2017 Saturday ,29 April
Israeli plan for 15,000 more settlement homes in Jerusalem condemned
GMT 21:25 2017 Wednesday ,08 March
Equality answer to any question: Greece's message for International Women's Day
GMT 05:48 2017 Thursday ,27 July
Hafter praises Egypt's efforts to resolve Libyan crisis
GMT 23:52 2017 Monday ,20 February
Japan to develop missile as tensions with China mount: report
GMT 05:09 2017 Tuesday ,18 July
French economic reforms under Macron
GMT 16:35 2017 Monday ,24 April
Oprah Winfrey conquers acting fears
GMT 15:12 2016 Wednesday ,23 November
Pakistan economy growing... but is it enough?
GMT 22:08 2017 Tuesday ,31 January
Khalifa issues law regulating financial system of Abu Dhabi Government
GMT 05:52 2016 Friday ,09 December
Tahnoun bin Mohammed receives Chinese Ambassador
GMT 13:11 2017 Tuesday ,18 April
A Helpful Guide to the Perfect Kitchen Countertop
GMT 07:32 2016 Monday ,26 December
Netanyahu Summons US. Ambassador 'For Clarifications' Over UN Vote
GMT 13:25 2017 Sunday ,12 November
Under Trump, US to miss Paris climate targets
GMT 05:04 2017 Saturday ,09 September
Mexico hit by one of strongest quakes ever, at least 34 die
GMT 11:53 2016 Thursday ,27 October
Dzeko at the double
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor