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Monday, May 01, 2017

Insight

Ticket Monster, which was known to go public on KOSDAQ, recently changed its plan to target being listed in KOSPI as the stock market is moving sideways.
Instead of KOSDAQ
27 April 2017 - 9:00am
Ticket Monster recently attracted investment from South Korean handbag manufacturer Simone. The former is aiming to go public on KOSPI by taking this opportunity to prove its growth potential and...
A scene of Lotte Duty Free Shop in Jamsil.
If Proven Guilty
25 April 2017 - 11:15am
The goodwill of Lotte Duty Free Shop in Lotte World Tower is confronting a crisis to be canceled. As Shin Dong-Bin, chairman of Lotte, is suspected of giving a bribe of 7 billion won (US$6.3 million...
Anand Mahindra, chairman of the Mahindra Group is fielding questions at a meeting with reporters in the Seoul Motor Show on March 30.
Truth or Lie
25 April 2017 - 11:00am
"Mahindra has invested about 1.1 trillion won since the acquisition of Ssangyong Motors," said Pawan Goenka, president of Mahindra & Mahindra at a meeting with reporters in the 2017 Seoul Motor...
The government will overhaul the visa system to favor foreign professionals.
Revision of Visa System
21 April 2017 - 2:15pm
The Korean government will lower the threshold of visa system to attract talented and highly skilled foreign workers’ "The government will overhaul the visa system to favor foreign professionals who...
The prosecution decided to indict Lotte Group chairman Shin Dong-bin and not to indict SK Group chairman Chey Tae-won with regard to bribery allegations against former President Park Geun-hye.
Contrasting Decisions
18 April 2017 - 2:30pm
The prosecution decided to indict Lotte Group chairman Shin Dong-bin and not to indict SK Group chairman Chey Tae-won with regard to bribery allegations against former President Park Geun-hye. These...
South Korea's female employment rate was 66.1 percent, up 0.4 percentage point from the previous year, but still below the OECD average.
Women Employment
17 April 2017 - 11:00am
It has been found that South Korea's female employment rate was still below the OECD average. This means that the rate had not risen very much due to a “career interrupted women” phenomenon in which...
The pet transport by South Korean airlines is on the increase.
Travel with Pet
17 April 2017 - 10:45am
It has been found that pet transport by South Korean airlines is on the increase. This is likely to continue as Korean Air and Asiana Airlines raised the upper limit of the weight of pet dogs they...
The prosecutor office is planning to investigate SK Group and Lotte Group that have transferred their money to the MIR and K-Sports Foundations.
Victims or Not?
29 March 2017 - 11:00am
The South Korean Public Prosecutor's Office included allegations of bribery regarding the Samsung Group in the arrest warrant it requested against former President Park Geun-hye. The office is...
“Hoarding,” the fourth Shake Shack Store of the SPC Group.
‘Hoarding’ Store
27 March 2017 - 11:00am
The SPC Group has announced on March 24 that the company installed “Hoarding,” the fourth Shake Shack Store at AK Plaza in Seohyun-dong in Bundang, Gyeonggi Province. Shake Shack’s Bundang branch is...
Samsung changed the name of Samsung Creative Economy Complex in Daegu to Samsung Creative Campus in February this year.
Fading into History
17 March 2017 - 11:00am
As President Park Geun-hye was forced out of office due to the Choi Soon-sil Gate that triggered her impeachment, “creative economy,” one of the key policies promoted by former President Park Geun-...
Most of the foreign workers in South Korea are non-professionals unlike its original expectations.
Policy for Foreign Workers
15 March 2017 - 12:30pm
The initial purpose of the South Korean government’s policy for the employment of foreign workers was to respond to a decline in working age population resulting from low fertility and rapid aging....
KB Welcome Plus Installment Savings Launched
Product for Foreigners
14 March 2017 - 11:30am
KB Kookmin Bank announced on March 13 that it released the KB Welcome Plus Installment Savings, a foreigners-only installment savings account. This product is available on a real-name basis and one...

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