Newly Appointed President Kim Hyun-gon of Gyeonggi-do Economic and Science Promotion Agency Checks on 19 GBC Export Strategies Instead of Inauguration Ceremony
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.…
Pocheon City Begins Review and Public Input on 2025 Public Housing Prices
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 Promises to Repay Small Business Debts Soon, Draws Line on Responsibility Issues
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 Chairman Byung-Joo Kim to Skip Parliamentary Inquiry into Homeplus Crisis, Claims No Involvement in Individual Company Management
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…
“What to Eat for Lunch Now?” Sighs Abound as Price of Kimchi Stew with Rice Surpasses 8,500 KRW
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: ‘China Still Lags Behind in Technology’ (Comprehensive)
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,…
[Market In] Namyang Dairy on the Brink of Failing to Turn a Profit Amid ‘Homeplus Shock’
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 Promises to Repay Small Business Debts Soon, Draws Line on Accountability Issues
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…
MBK Chairman Kim Byung-joo to Skip National Assembly Inquiry into Homeplus, Asserts Non-involvement in Individual Company Management
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…
“What to Have for Lunch Now” Sighs Increase as Price of Kimchi Stew with Rice Surpasses 8,500 KRW
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…