Korea Caught in the Crossfire of US-China Trade War: Warning on Transshipment and Export Control
The US-China trade war is escalating, impacting Korean companies exporting intermediate goods and investing in the US. The Korea Trade Association warns of the risk of Korean companies being implicated…
Lotte Construction and GS Construction Win Seoul’s Sanggye 5 District Redevelopment Project Worth 709.4 Billion Won
A consortium of Lotte Construction and GS Construction has won a redevelopment project in Sanggye 5 District, Seoul, valued at 709.4 billion won. The consortium, known as the High Five…
[Exclusive] From This Month, ‘Safe Housing’ for Youth and Elderly to be Built in One Building
The Seoul Metropolitan Government is set to announce an ordinance that integrates public-supported private rental housing for youth, elderly, newlyweds, and Seoul-style shared housing into one building. Previously, these types…
Only 230,000 Private Housing Starts Last Year… Deepening Housing Supply Shortage
Last year, private housing starts were the second lowest on record, with 235,171 units, significantly below the 10-year average of 397,044 units. The number of private housing starts has been…
Auction Market Heats Up in Gangnam… Shin Banpo JaI’s Successful Bid Rate Reaches 118%
The recent lifting of land transaction permit zones has led to a surge in housing prices in the three districts of Gangnam, Seocho, and Songpa in South Korea. This has…
Kwangwoon University Receives Donation of Continuous Glucose Monitors
Kwangwoon University has received a donation of continuous glucose monitors worth 5 million won from i-Sens, a global biosensor specialist company. The donated items will be used in practical lessons…
“No Need for Demolition”… New Construction Interior Design Entrusted to Construction Companies
A trend of construction companies offering pre-move-in interior design services, tailored to individual residents’ preferences, is growing in South Korea. The service allows residents to select options such as furniture,…
Amid Greenland Dispute, U.S. Asks Denmark for Egg Exports Amidst Rising Prices
The US Department of Agriculture has asked Denmark and other European egg-producing countries about their ability and willingness to export eggs to the US, amid a severe spike in domestic…
Beauty Brand ‘Dinto’ Terminates Contract with Kim Soo-hyun, Changing Stance in Just Five Days
Beauty brand ‘Dinto’ has terminated its advertising contract with actor Kim Soo-hyun, following allegations that he dated the late actress Kim Sae-ron when she was a minor. The contract was…
Beauty Brand ‘Dinto’ Terminates Contract with Kim Soo-hyun, Changing Stance in Just Five Days
Beauty brand ‘Dinto’ has terminated its advertising contract with actor Kim Soo-hyun, following allegations that he dated the late actress Kim Sae-ron when she was a minor. The contract was…