economy
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…
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…