As financial authorities announced a one-year delay in the mandatory implementation of Environmental, Social, and Governance (ESG) disclosure, originally targeted for 2025, the business sector breathed a sigh of relief, stating that this extra time would allow them to better prepare for the regulati
Korea and Saudi Arabia have agreed to expand cooperation in the biotech, gaming, and automotive sectors while implementing existing economic cooperation tasks in infrastructure.The Ministry of Trade, Industry and Energy (MOTIE) announced the agreement at the Four Seasons Hotel in Seoul, during the f
The Institute for Economics and Peace (IEP) announced that Iceland was selected as the safest and most peaceful country in the world with a score of 1.124 in the Global Peace Index (GPI), according to the New York Post on Oct. 1.The GPI quantifies peace by aggregating 23 items including social, poli
Pernod Ricard Korea announces that JAMESON will participate as the main sponsor of “Go Out Camp” to meet national wide campers to boost its communications. JAMESON has become a favorite among campers as it fits the outdoor atmosphere and, also pairs well with camping dishes.Now in its 16th edition,
Hana Financial Group recently attended an investor relations (IR) presentation targeting foreign investors in the Netherlands. This marks their third IR this year in Europe, following the joint financial IR in Singapore last May and the one in Hong Kong in September.On Oct. 6 (local time), Chairman
Habitat for Humanity addressed the crisis of affordable and inclusive housing in Asia and the Pacific and urged stakeholders to take sustainable approaches for adequate housing in informal settlements, at a press conference hosted by the global non-profit housing organization today. Habitat also hig
While the number of foreign nationals subscribing to domestic personal medical insurance is on the rise, it has been observed that the incurred losses and loss ratios of foreign policyholders under personal medical insurance have also increased.According to the “Status of Foreign Nationals’ Personal
“We see the power of knowing this case,” said journalist-turned-director Julie Ha about her first documentary film, ‘Free Chol Soo Lee’ ahead of its release in Korea later this month. The second-generation Korean American recently traveled to Seoul for special pre-screenings, one of which took place
SK on has secured the top position in Fortune’s “Change the World” list, an accolade that recognizes the world’s most innovative companies. This achievement marks the highest-ever ranking for a global battery manufacturer.On Sept. 27 (local time), Fortune unveiled its list of “2023 World-changing In
The Cultural Heritage Administration (Administrator Choi Eung-Chon) held a meeting with the ASEAN Committee in Seoul (ACS) at 3 p.m. on Wednesday, 27 September, at Gajeongdang, Changdeok Palace, and shared the achievements of the ‘ASEAN-ROK Working Committee on Cultural Heritage Cooperation (hereina
The Korea Communications Commission (KCC) announced that it has initiated a fact-finding investigation to confirm the violation of the Telecommunications Business Act by Naver’s news service starting from Sept. 25.Since July 5, the KCC has been conducting a factual investigation to determine whether
Concerns are growing among domestic businesses as former U.S. President Donald Trump has pledged to nullify President Joe Biden’s electric vehicle transition policy if elected in the 2024 presidential election.Former U.S. President Donald Trump recently criticized President Biden’s electric vehicle
The government has initiated the process of revamping the current vehicle tax, which is currently based on engine displacement, to consider factors such as vehicle price. If the criteria for vehicle taxation changes, it is anticipated that imported cars will face a significant increase in tax burden
On Sept. 19, a commemorative event was held at the Samsung Fire & Marine Insurance Guide Dog School in Yongin, Gyeonggi Province, celebrating the guide dog program that the late Lee Kun-hee, former Chairman of Samsung, had dedicated himself to for 30 years following his “New Management Declaration”
HD Hyundai announced on Sept. 17 that the company’s president attended the naming ceremony for the 2,100 TEU-class methanol-fueled container ship Laura Maersk held recently in Copenhagen, Denmark.The ship, constructed by Hyundai Mipo Dockyard, is the first of 19 methanol-fueled ships commissioned to
Korea Youth Foundation conducted a “2030 Youth Generation South Korea-Japan Relations Perception Survey” to analyze the demands and areas of interest concerning the view of South Korea-Japan relations among South Korean youth. The results of the survey were released on Sept. 13.The survey was conduc
Actress Han Sohee, who has gained full support not only in Korea but also abroad for her unique style and renowned filmography with box office records, has become the new face of the global sports brand FILA.FILA has announced Han Sohee as its new global brand ambassador starting from September 12th
South Korea’s semiconductor industry is focusing on improving its financial health in the second half of the year, pivoting around High Bandwidth Memory (HBM) for DRAM and reducing NAND output.On Sept. 12, the semiconductor sector anticipates that DRAM prices will cease their decline and enter a sig
Six out of 10 Koreans have a favorable view of large corporations, according to a survey. The number one expected role of large companies is to create jobs among those surveyed.According to the results of a survey of 1,005 people aged 18 and over on the perception of large companies’ contributions t
Of the 1.75 million foreigners living in South Korea in 2022, two out of 10 faced discrimination at shops, restaurants, banks, and workplaces, according to a survey by Statistics Korea.Statistics Korea’s Statistics Research Institute released the results of its analysis on “Foreign Residents’ Lives