economy
The average price for a single serving of Kimchi stew with rice in Seoul has risen to 8,500 KRW, according to the ‘Chamgaek’ price information portal by the Korea Consumer…
McDonald’s Korea has decided to raise the prices of 20 products from the 20th of this month, with an average increase rate of 2.3%. This follows a trend of price…
According to data from the Korea Real Estate Institute and Real Estate R114, approximately 465,000 housing units are expected to be occupied nationwide in South Korea from 2025 to 2026.…
The Korea Land and Housing Corporation (LH) plans to supply two parcels of land, Jubok 3 and 4, for mixed-use development in the Paju Unjeong 3 district in Gyeonggi Province.…
The domestic wire industry is bracing for a surge in copper prices due to US tariffs, but expects the impact to be minimal due to the ‘escalation clause’ in contracts…
Zeronsellvane has launched ‘Cellvane Skin Booster’, a product containing Polydeoxyribonucleotide (PDRN), targeting both domestic and international markets. The product, effective in skin regeneration and wrinkle reduction, uses Prism-T technology for…
Seoul City has deployed on-site inspection teams to prevent speculative and disruptive demand in the housing market. The city is monitoring the market situation daily and plans to proceed with…
Homeplus CEO Jo Joo-yeon announced that the company has fully repaid 3.4 trillion KRW of trade payables and will soon pay off most of the payables owed to small business…
Samsung Biologics has appointed Seungho Yu, the CFO, as an internal director, and Ho-seung Lee, the former Presidential Chief of Staff, as an external director. The company expects Yu to…
South Korean biopharmaceutical company Celltrion has announced plans to burn around 1.1 million of its own shares to increase shareholder value. This represents about 11% of the total shares held…