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Tripartite declaration should be supported by actions Unions, management and the government have agreed to cooperate to tide over the crisis caused by the coronavirus outbreak. On Friday, the Economic, Social and Labor Council, a tripartite body for social dialogue under direct presidential control, announced that the three would join forces to share the economic and social pa..

Airlines and travel agencies, already hit hard by the coronavirus outbreak, are taking another hit from Japan's recent decision to tighten entry restrictions on people traveling from Korea, company officials said Sunday. Asiana Airlines, the nation's second-biggest airline, suspended all flights to Japan from Monday to the end of March for the first time since the company laun..

Collapse of micro-enterprises shakes the foundation of Korea Inc. The ongoing new coronavirus outbreak is inflicting considerable damage on the self-employed and small businesses. According to a survey conducted by the Korea Federation of Micro Enterprise (KFME) on 1,096 members early this month, 97.9 percent of respondents said their sales have declined since the start of the..