Boeing Secures $166.8 Million U.S. Navy Contract for P-8A Engineering and Software Support 
Japan Manufacturing PMI Jumps to Four-Year High as Global Demand Strengthens 
Stock Market Movers: Dell, Block, Duolingo, Zscaler, CoreWeave, Autodesk, Rocket, MARA 
Australia Housing Market Hits Record High Despite RBA Rate Hike 
Greg Abel’s First Berkshire Hathaway Shareholder Letter Signals Continuity, Caution, and Capital Discipline 
Australia Targets AI Platforms With Strict Age Verification Rules 
Nvidia to Launch New AI Inference Processor to Boost OpenAI Performance 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
Wall Street Futures Tumble as U.S.-Iran Conflict Escalates and Oil Prices Surge 
Paramount Skydance to Acquire Warner Bros Discovery in $110 Billion Media Mega-Deal 
Flare, Xaman Roll Out One-Click DeFi Vault for XRP Yield via XRPL Wallets 
PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters 
Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding 
Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology 
Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand 
Asian Stocks Tumble as US-Iran Conflict Escalates and Oil Prices Surge 
People need to get vaccinated to fight COVID-19, and since most of the citizens in S. Korea are working, it was reported that the Korean Financial Industry Union and the Finance Industry User Council have agreed to grant paid leaves for them.
This means that workers will get to enjoy days off within their vaccination schedule. Plus, they do not have to worry about missing work because they will still get their salary despite the absences.
The paid leave details for vaccination
As per The Korea Herald, under the agreement, workers in S. Korea who will receive their COVID-19 vaccine are entitled to a paid leave of up to three days. This information was revealed on Sunday by the union and council officials.
It was added that the agreement will take effect on Monday, June 7. Then again, for the workers of 22 financial institutions that are duly registered with the Korea Federation of Banks, they will only get a maximum of two days off, which include the day of the vaccination and the next day, so they can rest a bit.
However, in case some workers experience adverse effects after the COVID-19 jab, they can take a longer day off even without a doctor’s note. It was mentioned that at the moment, only major banks have set up their own leave schemes for the vaccination of their workforce. These financial institutions include Hana, Shinhan, KB Kookmin, Woori and NH NongHyup, and the internet-based KakaoBank.
COVID-19 cases in S. Korea dips
Meanwhile, the S. Korean government is targeting the vaccination of at least 13 million people by the end of this month so that a herd community could be created by November. It is also good news that the number of cases in the country is going down again. Yonhap News Agency reported that it has fallen to 500s as the government speeds up vaccination of the citizens.
The rollout of vaccines in the country has also picked up the pace, thus more and more Koreans are getting their vaccines to be protected from the highly contagious coronavirus. Finally, S. Korea is planning to inoculate 36 million individuals by September and eventually reached the herd community status two months after that.
