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Delivery App Commission Agreement Stalls Again, Further Talks Scheduled for November 7
Kim SangJin 2024.11.05
[Alpha Biz= Reporter Kim Sangjin] Negotiations between delivery platforms and partner merchants over commission fees have once aga ...

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KFTC Reports 530 Billion Won in Uncollected Fines Amid Declining Collection Rates
Kim Jisun 2024.11.04
[Alpha Biz= Reporter Kim Jisun] The Korea Fair Trade Commission (KFTC) reported that it has failed to collect 530 billion won in f ...

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Incheon Airport Cancels Plan for Celebrity-Only Entry Gate Amid Special Privilege Controversy
Kim Jisun 2024.10.28
[Alpha Biz= Reporter Kim Jisun] Incheon International Airport Corporation has scrapped its plan to implement a dedicated entry gat ...

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Steel Industry Faces Double Whammy: Slumping Construction Sector and Rising Electricity Costs
Kim Jisun 2024.10.25
[Alpha Biz= Reporter Kim Jisun] The steel industry in South Korea is grappling with mounting concerns as the government pushes for ...

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Incheon Airport Faces Controversy Over Allowing Separate Exit for Celebrities
Kim Jisun 2024.10.24
[Alpha Biz= Reporter Kim Jisun] Incheon International Airport is planning to allow celebrities and other public figures to use a s ...
7-Eleven Implements First Voluntary Retirement Program Amidst Industry Challenges
Kim SangJin 2024.10.16
[Alpha Biz= Reporter Kim Sangjin] 7-Eleven is set to introduce its first voluntary retirement program since its establishment in 1988, as reported on October 15 by Korea Seven, the ...

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Average Price of Bibimbap in Seoul Surpasses 11,000 Won for the First Time
Kim SangJin 2024.10.14
[Alpha Biz= Reporter Kim Sangjin] According to the Korea Consumer Agency's price information portal, "Chamgak," the average price ...

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Subway Fare to Increase to 1,550 Won Next Year
Kim Jisun 2024.10.04
[Alpha Biz= Reporter Kim Jisun] The planned 150 won increase in Seoul subway fares, initially expected in October, has been postpo ...

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Last Year, 234 LH Employees Found to Have Filed False Property Declarations—A 1.5-Fold Increase in One Year
Kim SangJin 2024.10.02
[Alpha Biz= Reporter Kim Sangjin] According to data submitted by the Ministry of Land, Infrastructure, and Transport (MOLIT) to De ...

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Asiana Airlines to Halt Hot Beverage Service on Short-Haul International Flights Starting the 30th
Kim Jisun 2024.09.30
[Alpha Biz= Reporter Kim Jisun] Asiana Airlines will suspend its hot beverage service on short-haul international routes starting ...

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Cabbage Price Soars to 20,000 KRW per Head
Kim Jisun 2024.09.24
[Alpha Biz= Reporter Kim Jisun] The retail price of a single head of cabbage in some large supermarkets has exceeded 20,000 KRW, m ...

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The number of self-employed individuals in Busan operating without employees has decreased for 16 consecutive months
Kim Jisun 2024.09.19
[Alpha Biz= Reporter Kim Jisun] The number of self-employed individuals in Busan operating without employees has decreased for 16 ...

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Union of Incheon International Airport Subsidiaries to Strike During Chuseok Holiday Over Poor Working Conditions
Kim Jisun 2024.09.10
[Alpha Biz= Reporter Kim Jisun] The union representing subsidiaries of Incheon International Airport Corporation announced on Sept ...

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EV Battery Disclosure and Certification to Begin in October
Kim Jisun 2024.09.09
[Alpha Biz= Reporter Kim Jisun] In response to rising concerns over electric vehicle (EV) fires, the South Korean government will ...

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National Pension Service to Invest 1.35 Trillion Won in Domestic Real Estate
Kim Minyoung 2024.08.12
[Alpha Biz= Reporter Kim Minyoung] National Pension Service to Invest 1.35 Trillion Won in Domestic Real EstateOn September 9, the ...

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Heatwave Claims 12 Lives and Over 2,000 Emergency Room Visits for Heat-Related Illnesses
Kim Minyoung 2024.08.09
[Alpha Biz= Reporter Kim Minyoung] This year, more than 2,000 people have been admitted to emergency rooms for heat-related illnes ...

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Korea's agricultural and food exports have approached 7.8 trillion won over the past seven months, reaching a record high.
Kim Minyoung 2024.08.07
[Alpha Biz= Reporter Kim Minyoung] Over the past seven months of this year, Korea's agricultural and food exports have approached ...

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Burden of Delivery Fees'…Around 90 Mom's Touch Stores Up for Sale
Kim SangJin 2024.08.06
[Alpha Biz= Reporter Kim Sangjin] According to Seoul's commercial district analysis service on the 5th, the number of fast-food st ...

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2024 Tax Reform Proposal: Major Overhaul of Inheritance and Gift Taxes
Kim SangJin 2024.08.05
[Alpha Biz= Reporter Kim Sangjin] The 2024 tax reform proposal has been unveiled, featuring significant changes to inheritance and ...

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KFTC Initiates Action Against Danggeun Market for Failing to Provide Seller Information
Kim Minyoung 2024.08.02
[Alpha Biz= Reporter Kim Minyoung] KFTC Initiates Regulatory Action Against Danggeun Market Over Seller Information IssuesOn Augus ...