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Lotte Global Logistics Undergoing First Regular Tax Audit in Five Years
Reporter Kim Jisun 2025.08.29
[Alpha Biz= Kim Jisun] Seoul, August 28, 2025 — Lotte Global Logistics is undergoing a regular tax audit by the Seoul Regional Tax ...

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SK Telecom Fined Record KRW 134.8 Billion Over Massive Data Breach
Reporter Kim Jisun 2025.08.29
[Alpha Biz= Kim Jisun] Seoul, August 28, 2025 — South Korea’s Personal Information Protection Commission (PIPC) has imposed a reco ...

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Ourhome to Acquire Shinsegae Food’s Catering Business for KRW 120 Billion
Reporter Kim Jisun 2025.08.29
[Alpha Biz= Kim Jisun] Seoul, August 28, 2025 — Ourhome, now part of the Hanwha Group, announced that it will acquire the catering ...

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Shilla and Shinsegae Duty-Free Rent Negotiations with Incheon Airport Collapse
Reporter Kim Jisun 2025.08.29
[Alpha Biz= Kim Jisun] Seoul, August 28, 2025 — Negotiations between Shilla Duty Free, Shinsegae Duty Free, and Incheon Internatio ...

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LG Corp Accelerates Share Cancellation to Enhance Shareholder Value
Reporter Kim Jisun 2025.08.29
[Alpha Biz= Kim Jisun] Seoul, August 28, 2025 — LG Corp announced on August 28 that it will cancel half of its treasury shares, wo ...

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Wemix Korea Posts Zero Revenue in H1 2025 Amid Mounting Losses
Reporter Paul Lee 2025.08.28
[Alpha Biz= Paul Lee] Seoul, August 28, 2025 — Wemix Korea, a subsidiary of Korean gaming group Wemade, reported zero revenue in t ...

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Dongwon Tuna Partners with BTS’s Jin as New Brand Ambassador
Reporter Paul Lee 2025.08.28
[Alpha Biz= Paul Lee] Seoul, August 27, 2025 — Dongwon F&B announced that its flagship product, Dongwon Tuna, which has been l ...

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Cosmax USA Repays $6 Million After Errors in U.S. Federal Aid Applications
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — Cosmax USA, the American subsidiary of Korean cosmetics ODM (Original Design Manuf ...

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Korean Regulators Reopen Probe Into MBK Partners Over Homeplus Case
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — Korean financial regulators have launched an additional investigation into MBK Par ...

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HD Hyundai to Merge Shipbuilding Units Hyundai Heavy Industries and Hyundai Mipo Dockyard
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipb ...

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Naver Union Stages First Rally Following Passage of “Yellow Envelope Law”
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — The Naver labor union, officially the Naver Branch of the Korean Federation of Che ...

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After Passage of “Yellow Envelope Law,” Foreign Firms Weigh Scaling Back Investment in Korea
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — The passage of the so-called “Yellow Envelope Law” (amendments to Articles 2 and 3 ...

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SK IE Technology Introduces Unpaid Leave Program Amid EV Market Slowdown
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — SK IE Technology (SKIET) announced the introduction of an unpaid leave program for ...

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LG Chem Offers Voluntary Retirement Program to Senior Employees in Petrochemical Division
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — LG Chem has begun a voluntary retirement program for senior employees in its petro ...

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BNK Asset Management Named Preferred Bidder for Emart Tower Sale
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Paul Lee] Seoul, August 27, 2025 — BNK Asset Management has been selected as the preferred bidder for the acquisition ...

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Jeju Air to Suspend Incheon–Guam Route for the First Time in 13 Years
Reporter Kim Jisun 2025.08.28
[Alpha Biz= Kim Jisun] Seoul, August 27, 2025 — Jeju Air announced that it will suspend operations on its Incheon–Guam route for t ...

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Rising Complaints Over Samsung Pay Payment Glitches Fuel Calls for Wider Apple Pay Adoption in Korea
Reporter Paul Lee 2025.08.28
[Alpha Biz= Paul Lee] Seoul, August 27, 2025 — Consumer frustration is mounting in South Korea as Samsung Pay experiences repeated ...

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U.S. to End Duty-Free Exemption for Small Parcels Under $800 Starting August 29
Reporter Paul Lee 2025.08.27
[Alpha Biz= Paul Lee] Washington, D.C., August 26, 2025 — The United States will abolish its duty-free policy on small parcels val ...

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Samyang Foods Denies Lawsuit Claim Over Buldak Ramen by Canadian Influencer
Reporter Paul Lee 2025.08.27
[Alpha Biz= Paul Lee] Seoul, August 25, 2025 — Samyang Foods has dismissed as false recent claims circulating on social media that ...

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Monami Shares Surge to Daily Limit After Trump Praises President Lee’s Signature Pen
Reporter Paul Lee 2025.08.27
[Alpha Biz= Paul Lee] Seoul, August 26, 2025 — Shares of Monami, a leading Korean stationery brand, hit the upper daily price limi ...