To mark the 1st anniversary of the renewal launch of the dining membership program 'TASTE by Four Seasons', Four Seasons Hotel Seoul is pleased to offer a 'Partner Card Issuance' promotion, allowing members to enjoy membership benefits with a family member or friend, from April 1st to June 30th, 202
South Korean fashion company ShinWon Corporation (CEO: JJ Park) is conducting the global campaign #WithUs to commemorate International Women’s Day.Every year on March 8th, designated by the United Nations (UN) in 1975, is International Women's Day. Celebrating its 116th year this year, International
The former chief technology officer (CTO) of Kakao Bank, who sparked controversy by exercising stock options worth some 7 billion won (US$5.25 million) immediately after Kakao Bank’s listing, has been nominated as the new CTO of Kakao.According to the IT industry on March 4, it has been reported tha
Chinese direct purchase shopping app Temu is stirring controversy in South Korea by attracting new members with cash-like credit points and free gifts through fishing-like events. Consumers have criticized Temu’s ambiguous prize events as “consumer deception” and “multi-level personal information sc
During the Lunar New Year holiday, Lee Jae-yong, chairman of Samsung Electronics, visited the Samsung SDI battery manufacturing facility in Malaysia, emphasizing the need for bold investments despite challenges. On Feb. 12, Samsung Electronics reported that Chairman Lee, having arrived in Malaysia o
Pernod Ricard Korea, a Korean affiliate of Pernod Ricard Group, a global liquor maker, has launched a range of elegant whisky gift sets to celebrate the Lunar New Year in 2024, the Year of the Dragon. The sets feature various product lines ranging from high-quality blended whiskies to unrivaled sing
Global beauty tech company APR (CEO Kim Byung-hoon) announced on Jan. 25 that it has achieved record-breaking year-end performance in its promotion in the United States, the largest beauty market in the world.APR explained that it achieved US$24.2 billion in sales in the United States from November
South Korea’s first food service company Ourhome has responded to the accusation of professional malpractice made by former Vice Chairman Koo Bon-sung against his younger sisters -- current Vice Chairman Koo Ji-eun and the company’s internal director Koo Myung-jin -- the previous day. OurHome stated
The Korean government has earnestly taken steps to address the escalating population crisis, which has emerged as a significant social concern in the nation. More efforts will be made to bolster support for childbirth and the upbringing of infants and children, aimed at mitigating the population dec
In India, where global corporations and investors are focusing their attention as the “next China,” Mirae Asset Global Investments is gaining influence in the local market by surpassing 1 trillion won in assets under management (AUM) with its exchange-traded funds (ETFs).According to the asset manag
Overseas luxury brands are once again raising product prices early in the new year.According to the retail industry on Jan. 2, Hermes has raised the prices of its shoe products starting from Jan. 1. Among the various models of “Oran” sandals, the one crafted from lizard leather has witnessed a subst
The National Tax Service (NTS) announced on Dec. 28 that it has collected 1.35 trillion won (US$1.05 billion) in tax assessments in the area of overseas tax evasion alone through tax investigations conducted this year. The figure exceeds the average annual collection for the three years before the C
TakeOne Company (CEO Jung Minchae), a comprehensive content developer, announced that the cinematic adventure mobile game ‘NCT ZONE’ with the group NCT will be officially launched at noon on the 28th through the Apple App Store and Google Play Store.This is a game where you can enjoy new concept puz
Art & Design International(hereinafter: Art & Design), running the Global skincare brand # OOTD Beauty, was awarded the 1 Million Dollar Export Tower award on the 60th national trade ceremony day. OOTD Beauty made its debut in the United States through offline retailers such as Macy’s, TJ Maxx and M
The small and medium-sized enterprise (SME) sector is urging the swift passage of the “Business Succession Support Act” currently under consideration in the National Assembly, advocating for businesses to opt for continuity rather than closure. This comes as numerous companies consider closure inste
Legoland Korea Resort announced the unveiling and lighting ceremony of the country’s first giant Christmas tree made of Lego bricks, standing at 9 meters in height, on Nov. 24.Located in the Brick Street Square of Legoland, the Lego Christmas Tree reaches an impressive height of 9 meters and 83 cent
Hyundai Motor and Kia Motors have successfully settled their wage and collective bargaining agreements (CBA) without labor disputes for the second consecutive year, but the aftermath poses significant challenges. The labor unions of Hyundai and Kia have managed to secure the highest-ever wage increa
S-OIL on Sept. 22 held charity event “Sharing Songpyeon (traditional Korean half-moon-shaped rice cake) with S-OIL” at its head office building in Mapo-gu, Seoul together with the Mapo Community Welfare Center of Loveaid Foundation.On that day, the CEO and some 100 employees prepared 500 Chuseok gif
The Hyundai Motor Labor Union announced on Sept. 18 that it held a vote for and against this year’s wage and collective bargaining agreement for all 44,643 members. In the vote, 22,703, or 58.81 percent, of the 38,603 voters voted in favor of accepting the agreement.This year’s agreement includes a
After the intense 23rd round of wage and collective bargaining negotiations on Sept. 12, Hyundai Motor and its union reached a preliminary agreement. The union had initially demanded an 184,900 won wage increase (excluding rank promotions). In response, the company offered a 101,000 won increase on