Economy
Business·Industry
SNTEnergy Co.,Ltd. Wins Contract to Supply Equipment for Restoring Facilities Damaged by the War in the Middle East… First Korean Company to Do So
Panoramic view of SNT Gulf. (Photo courtesy of SNTEnergy Co.,Ltd.)
SNTEnergy Co.,Ltd. has secured a contract worth approximately 32 billion won to supply air-cooled condensers to Saudi Arabian pet…
Business·Industry
SamsungElectronics to Return Record 110 Trillion Won to Shareholders… to Pay 30 Trillion Won in Cash Dividends (Comprehensive)
SamsungElectronics plans to implement its largest-ever shareholder return program this year, totaling approximately 110 trillion won. Having posted record-breaking earnings, SamsungElectronics plans t…
Business·Industry
[Breaking News] SamsungElectronics to Return Up to 110 Trillion Won to Shareholders This Year… 30 Trillion Won in Cash Dividends
SamsungElectronics will implement shareholder returns totaling up to 110 trillion won this year. This marks the largest amount in the company’s history. SamsungElectronics announced that it held a boa…
M&A·IB
[Economy with the EU] Meal-replacement powder valued at 1.6 trillion… Why Danone acquired Huel
A British small-to-medium-sized enterprise (SME) that manufactures meal-replacement powders to be mixed with water is being sold for over 1.6 trillion won. This reflects the high growth potential of t…
Business·Industry
[Breaking News] SAMSUNG SDI CO.,LTD. "Sells 4.4 Trillion Won Worth of Samsung Display Shares"
SAMSUNG SDI CO.,LTD. announced on the 21st that it has decided to transfer a stake in Samsung Display, valued at 4.4 trillion won, back to Samsung Display.The number of shares to be transferred (sold)…
Business·Industry
SK hynix: "Pushing Ahead with Construction of a Semiconductor Plant in Japan, but Details Unconfirmed"
SK hynix has denied reports that it is planning to build a semiconductor factory in Japan, stating that no decision has been made yet.On the 21st, SK hynix stated in a response to a regulatory inquiry…
Business·Industry
Hyosung Family Brothers Meet in Court for the First Time in 12 Years… Cho Hyun-joon: “Let’s Go Our Separate Ways Now”
Hyosung Group Chairman Cho Hyun-joon and former Executive Vice President Cho Hyun-moon, who were at the center of a family feud over control of the group, met in court for the first time in 12 years. …
Business·Industry
Surplus of 500 billion even after tariff refunds… LGELECTRONICS’ U.S. Subsidiary’s ‘Premium and Localization’ Strategy Pays Off
LGELECTRONICS’ U.S. subsidiary has significantly restored its profitability after one year. Although the company posted a loss last year as export costs to the U.S. surged due to high U.S. tariffs, it…
Business·Industry
[Exclusive] Only 5 out of 44… Statutory Funds Reluctant to Invest in Startups
The government is accelerating efforts to revitalize venture capital investment, stating that it aims to improve the capital market’s structure and promote “productive finance.” Since last month, it h…
Business·Industry
Will Travel to Thailand Cost 20,000 Won More?… 450 Baht Tourism Tax Proposed Again
The Thai government is once again pushing to introduce a tourism tax of 450 baht (approximately 19,000 won) per foreign tourist. After years of repeated attempts to introduce and postpone the tax, the…