Most Popular
-
1
1 in 3 Koreans live alone, family types becoming diverse
-
2
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
3
US 'incredibly concerned' about suspected NK-Iran military ties
-
4
Korean won weakens amid heightened uncertainty
-
5
Sewol victims commemorated on tragedy's 10th anniversary
-
6
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
7
Chanel, Louis Vuitton see muted growth in Korea
-
8
K-pop singer lost consciousness after being hit by foul ball, cancels show
-
9
Conservative bloc divided over Han’s role in election defeat
-
10
Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
[THE INVESTOR] South Korea’s top 10 conglomerates’ contribution to employment has shrunken although their assets reached a record high, data showed on Oct. 23.
According to Chaebul.com that specializes in information regarding family-led conglomerates, the 10 largest conglomerates’ employees accounted for 3.59 percent of the country’s working population at the end of last year. In comparison, the figure stood at 3.63 percent at the end of 2014.
In contrast, the value of their assets rose to over 1.144 quadrillion won (US$1.007 trillion), accounting for 27.22 percent of the combined assets of all corporations registered in Korea.
The figures excludes assets held by companies in the finance sector.
In comparison, the top 10 conglomerates’ assets stood at about 1.108 quadrillion won in 2014, and at just under 1.068 quadrillion won in 2013.
By group, Samsung Group accounted for 7.24 percent of the total with 304.4 trillion won, while Hyundai Motor Group came in second with 202 trillion won, or 4.81 percent of the total.
By Choi He-suk (cheesuk@heraldcorp.com)
According to Chaebul.com that specializes in information regarding family-led conglomerates, the 10 largest conglomerates’ employees accounted for 3.59 percent of the country’s working population at the end of last year. In comparison, the figure stood at 3.63 percent at the end of 2014.
In contrast, the value of their assets rose to over 1.144 quadrillion won (US$1.007 trillion), accounting for 27.22 percent of the combined assets of all corporations registered in Korea.
The figures excludes assets held by companies in the finance sector.
In comparison, the top 10 conglomerates’ assets stood at about 1.108 quadrillion won in 2014, and at just under 1.068 quadrillion won in 2013.
By group, Samsung Group accounted for 7.24 percent of the total with 304.4 trillion won, while Hyundai Motor Group came in second with 202 trillion won, or 4.81 percent of the total.
By Choi He-suk (cheesuk@heraldcorp.com)
![[Today’s K-pop] BTS pop-up event to come to Seoul](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/17/20240417050734_0.jpg&u=)