South Korea’s chief trade negotiator, Jung In-gyo, has clarified to the U.S. trade authorities that mutual tariffs should not be considered based on President Trump’s statement that ‘Korea is four…
Kim Hyun-gon, the new president of the Gyeonggi-do Economic and Science Promotion Agency, has begun his term by focusing on supporting the expansion of exports for companies in the province.…
The city of Pocheon is conducting a review and accepting public opinions on the prices of 34,895 public housing units until April 2nd. The Korea Real Estate Institute has determined…
Homeplus management has officially apologised for the controversy caused by its abrupt application for corporate rehabilitation. They pledged to repay trade claims, prioritising small partner companies, but denied any wrongdoing…
MBK Partners’ Chairman, Byung-Joo Kim, will not attend the emergency inquiry into the Homeplus crisis scheduled by the National Assembly’s Political Affairs Committee. Kim stated he does not participate in…
The average price of a single serving of kimchi stew with rice in Seoul has risen to 8,500 KRW, according to the Korea Consumer Agency’s ‘True Price’ portal. Other dishes…
Samsung Display CEO, Lee Cheong, has expressed concern over Chinese companies rapidly catching up in the IT small and medium-sized display market, including OLED. According to market research firm TrendForce,…
Namyang Dairy, which reported its first profit in six years, may return to a deficit due to accounts receivable from Homeplus that were reflected in last year’s profit. The uncertainty…
Homeplus management has officially apologized ten days after abruptly filing for corporate rehabilitation. They pledged to repay trade credits, prioritizing small partner companies, and denied allegations of preparing for the…
Chairman Kim Byung-joo of MBK Partners will not attend the National Assembly’s Political Affairs Committee inquiry into the Homeplus incident. Kim stated he is involved in MBK’s funding and investment…