Shin Dong-bin, Chairman of Lotte Group, has been appointed as the CEO of Lotte Shopping, marking his return to the role after 12 years. The move signifies his commitment to…
The director of the Wolgok Jewelry Industry Research Institute, Oh Hyun-seong, has called for an expansion of the value-added tax (VAT) refund for physical gold transactions in South Korea. He…
Kim Hee-won, CEO of WeBoom Korea, has donated 100 containers of ‘Goatmilk’, a premium New Zealand goat milk brand, to Changnyeong-eup, Changnyeong County. The donation, worth 6 million KRW, is…
Jeong Jeom-gyu, CEO of Genbody Inc., a company that manufactures diagnostic medical devices, donated 50 million won to his alma mater, Geochang Daeseong High School. Genbody, established in 2012, was…
Before the expansion of the Land Transaction Approval System, 24 transactions occurred in Seoul’s Gangnam 3 Districts (Seocho, Gangnam, Songpa) and Yongsan District, with prices dropping by 600 to 800…
Kakao Entertainment has been fined 390 million won by the Fair Trade Commission for deceptive advertising practices. The company is accused of advertising its own music on social networking service…
The South Korean government is considering reducing tenants’ rights under two lease laws, including the abolition of the right to request lease renewal and a cap on rent increases. The…
Despite rising apartment prices, the number of ‘substandard apartments’ with defects like cracks and condensation is increasing. The construction companies with the most defects in the past six months were…
Shilla Duty Free is launching a promotional event for whiskey enthusiasts, offering discounts on liquor sets and low-volume products. The ‘Mix and Match’ promotion allows customers to buy miniatures for…
Hyundai Sungwoo Solite’s automotive battery brand ‘Solite’ has been named the top brand in value in the automotive battery category for the seventh year in a row at the ‘2025…