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Worker Dies at Construction Site in Seoul, Investigation Launched Under Serious Accident Punishment Act
Kim Jisun 2025.03.04
[Alpha Biz= Kim Jisun] A fatal accident occurred at a construction site in Seoul, where a worker in his 50s died, prompting labor ...

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Korean Regulator Investigates OpenAI’s ChatGPT for Potential Telecom Law Violations
Kim Jisun 2025.02.28
[Alpha Biz= Kim Jisun] The Korea Communications Commission (KCC) has launched an investigation into OpenAI’s usage restrictions on ...

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Government Announces Measures to Curb Auto Insurance Fraud and Lower Premiums
Paul Lee 특파원 2025.02.27
[Alpha Biz= Paul Lee] To break the cycle of rising auto insurance premiums caused by fraudulent claims, the Ministry of Land, Infr ...

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CJ Foodville’s Tous Les Jours to Increase Prices of Bakery and Cake Products Starting March 1
Kim Jisun 2025.02.26
[Alpha Biz= Kim Jisun] Tous Les Jours, a bakery franchise operated by CJ Foodville, will increase the prices of its bread and cake ...

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Over 1,000 Bank Branches Closed in South Korea Over the Past Five Years
Paul Lee 특파원 2025.02.25
[Alpha Biz= Paul Lee] More than 1,000 offline bank branches have shut down in South Korea over the past five years, with the count ...

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Innovation Drives Korean Investors to Favor U.S. Capital Markets
Kim Jisun 2025.02.24
[Alpha Biz= Kim Jisun] As public interest in U.S. capital markets continues to grow, a recent survey revealed that the primary rea ...

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Audit Reveals Korea Railroad Corporation Employees Promoted Despite DUI Offenses
Kim Jisun 2025.02.21
[Alpha Biz= Kim Jisun] A case has come to light in which an employee of the Korea Railroad Corporation (Korail) was promoted despi ...

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Financial Authorities Mandate Borrowing-Free Short Sale Prevention Measures Ahead of Full Short Sale Resumption
Paul Lee 특파원 2025.02.19
[Alpha Biz= Paul Lee] As the full resumption of short selling approaches on the 31st of next month, financial authorities have man ...

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Korea's Fair Trade Commission to Increase Staff for Platform Surveillance
Kim Jisun 2025.02.17
[Alpha Biz= Kim Jisun] The Korea Fair Trade Commission (KFTC) is set to expand its workforce to enhance its monitoring of digital ...

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South Korea’s Financial Supervisory Service Imposes Penalties on 130 Disclosure Violations in 2023
Kim Jisun 2025.02.11
[Alpha Biz= Kim Jisun] South Korea’s Financial Supervisory Service (FSS) took action on 130 cases of disclosure violations by list ...

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Financial Supervisory Service to Strengthen Measures Against Unfair Trading and Accounting Fraud in Capital Markets
Paul Lee 특파원 2025.02.10
[Alpha Biz= Paul Lee] The Financial Supervisory Service (FSS) will focus on eradicating unfair trading and accounting fraud that t ...

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Korean Air Reviews Cabin Policy and Fire Safety Measures for Carrying Power Banks
Kim SangJin 2025.02.06
[Alpha Biz= Kim Sangjin] Korean Air is reviewing regulations on carrying power banks onboard, as well as fire response measures. D ...

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FSS Chief Lee Bok-hyun to Hold Series of Meetings with Financial CEOs
Kim SangJin 2025.02.04
[Alpha Biz= Kim Sangjin] Financial Supervisory Service (FSS) Governor Lee Bok-hyun is set to hold a series of meetings with CEOs f ...

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South Korean Airlines Reach Record-High 416 Aircraft in 2024
Kim Jisun 2025.02.03
[Alpha Biz= Kim Jisun] The number of aircraft owned by South Korean airlines surpassed 400 last year, marking an all-time high.Acc ...

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Rice Consumption in South Korea Hits a 40-Year Low, Continuing Decline
Kim SangJin 2025.01.24
[Alpha Biz= Kim Sangjin] Rice Consumption per Person Hits Record Low for the 40th Consecutive Year in South Korea According to the ...

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Incheon Airport Expects Over 2.14 Million Passengers During Lunar New Year Holiday
Kim Jisun 2025.01.22
[Alpha Biz= Kim Jisun] The Incheon International Airport Corporation announced today that a total of 2,141,101 passengers are expe ...

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Wave of Voluntary Retirements Hits Major Banks in Early 2023
Kim SangJin 2025.01.21
[Alpha Biz= Kim Sangjin] A significant wave of voluntary retirements is sweeping across the banking sector from the beginning of t ...

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Fair Trade Commission Investigates Domino's Pizza Over Alleged Franchise Abuse
Kim Jisun 2024.11.27
[Alpha Biz= Reporter Kim Jisun] The Fair Trade Commission (FTC) has launched an investigation into allegations of unfair practices ...

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MBK Partners Acquires Eagle Mont Country Club for 2.45 Trillion KRW
Kim SangJin 2024.11.22
[Alpha Biz= Reporter Kim Sangjin] MBK Partners has acquired Eagle Mont Country Club (Eagle Mont CC) in Anseong, Gyeonggi Province, ...

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Prosecutors Investigating Alleged Bidding Corruption Scandal at Korea Water Resources Corporation
Kim Jisun 2024.11.11
[Alpha Biz= Reporter Kim Jisun] Prosecutors are investigating officials from Korea Water Resources Corporation (K-water) involved ...