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Finance & Markets

Lloyds Metals Allowed to Ready Restart of Giant Papua New Guinea Copper Mine

An Indian iron ore producer was authorized to work toward restarting a giant Papua New Guinea copper mine that’s been closed for almost 40 years and was once a flash point in a brutal civil war.

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

Read the original at financialpost.com →

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KakaoBank Union Begins Work-to-Rule Protest

The KakaoBank labor union entered a work-to-rule struggle, completely refusing overtime and holiday work starting at 12:00 a.m.

  • KakaoBank labor union launches work-to-rule protest on August 12.
  • Members limit work to 40 hours per week, avoid night and holiday work.
  • Union aims to disconnect from work outside designated hours.

Korea Customs Service Presses India On Customs Delays

To break down the chronic customs clearance barriers facing Korean companies in the Indian market, the Korea Customs Service has directly stepped in to negotiate with local authorities.The Korea…

  • Korea Customs Service meets India's Central Board of Indirect Taxes and Customs in New Delhi.
  • Director General Han Min discusses customs clearance challenges for Korean businesses.
  • Both nations agree on training program and 4th Korea-India Customs Commissioners Meeting.

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