Economy
Taxes
Will the Financial Investment Tax Be Revived for Cryptocurrency Taxation?… Research Report: “The Financial Investment Tax Should Be Introduced”
As the government and the ruling party plan to implement taxation on virtual assets starting next year, proposals have emerged to introduce a tax similar to the Financial Investment Income Tax (FIT). …
M&A·IB
Smilegate, Facing '100 Billion Won in Damages,' Launches Second Round of IPO Lawsuit with Pacific Law Firm [Market In]
Ahead of the second round of litigation regarding its 100 billion won initial public offering (IPO), Smilegate has switched its legal counsel from Hwawoo Law Firm to Pacific Law Firm. The move is inte…
M&A·IB
[Market In] "Can't Sell, Can't Dump"... U.S. PE 'Zombie Assets' Surge
'Warning Signs → Zombies → Hungry Zombies'As the number of portfolio companies in the U.S. private equity market that have remained unrecovered for an extended period rapidly increases, the industry h…
Business·Industry
SamsungElectronics and TSMC Lock Horns on College Campuses This Fall… Battle for Foundry Talent at U.S. Universities
SamsungElectronics and TSMC are touring major U.S. universities to recruit top talent. As both companies push forward with production using cutting-edge foundry processes—such as 2-nanometer technolog…
Business·Industry
Seoul Metropolitan Government and Seoul Tourism Foundation Seek Companies to Participate in the Seoul Medical Tourism International Travel Mart
The "Seoul Medical Tourism International Travel Mart" will be held to promote domestic and international medical tourism.
The Seoul Metropolitan Government and the Seoul Tourism Foundation ann…
Business·Industry
LGELECTRONICS Provides Vocational Training to Ethiopian Youth for 10 Years… 679 Graduates
LGELECTRONICS announced on the 24th that it held the 10th graduation ceremony on the 22nd (local time) at the “LG-KOICA Hope Vocational Training School” located in Addis Ababa, the capital of Ethiopia…
M&A·IB
[Market In] JTBC on the Brink of Reorganization... Will It Find a New Owner Through an M&A Deal Before Official Approval?
JoongAng Ilbo and JTBC Headquarters
There are predictions that JTBC will conclude its Autonomous Restructuring Support (ARS) program, which has been ongoing for over two months, and enter rehabil…
Business·Industry
SamsungElectronics to Relocate Heat Pump Production Line to South Korea… Full Annual Supply of 100,000 Units Starting in September
SamsungElectronics will begin manufacturing its “EHS Heat Pump Boiler,” previously produced overseas, domestically. In line with the government’s policy to electrify heating, the company plans to secu…
Business·Industry
Samsung Electronics to Return Over 150 Trillion Won to Shareholders—More Than in the U.S.—All Eyes on the 'Next Three Years'
SamsungElectronics and SK hynix have begun returning the massive cash reserves they earned during the memory boom to their shareholders. The total shareholder returns announced by the two companies th…
Business·Industry
SK INICS Corporation to Pay 700 Million in Performance Bonuses—Will 420 Million Be in Stock?…What Will the Union Choose?
With SK hynix management and the labor union having reached a tentative agreement to pay performance bonuses in the form of 60% stock and 40% cash, attention is now focused on how union members will v…