Economy
Business·Industry
Rising Costs and Permitting Delays… 2 Trillion Won Tourism Development Project Faces One Obstacle After Another
Planned investment: 229 billion won; actual disbursement through October of last year: 9.5 billion won. These figures represent the planned investment and actual disbursement for the “Shilla Monogram”…
Business·Industry
PIERS·Yeoncheon Paleolithic Expo… This Week’s Must-See Events
2026 Seoul Summer Beach Water Wave Zone (Photo: Seoul Tourism Foundation)
◇Seoul Summer Beach Attracts 3.22 Million Visitors Over 21 DaysA total of 3.22 million people visited the urban summer fest…
Financing
[Market In] Fursys Vietnam, with a “18-fold surge in losses,” receives another bailout after just one year—once again a “bottomless pit”
Fursys(016800)is once again injecting capital into its Vietnamese subsidiary, which has been plagued by chronic losses. Although the company believed it had put out the immediate fire with a capital i…
Business·Industry
If Hyundai Motor Union Proceeds with Strike, 70,000 Vehicles Could Be Affected… Timing of Resumed Negotiations Also Unclear
On the 29th of last month, morning shift workers at the Myeongchon Main Gate of Hyundai Motor’s Ulsan Plant in Buk-gu, Ulsan, are leaving work early due to a partial strike. (Photo: Yonhap News)
A…
Business·Industry
Hyundai Motor Union Escalates Strike… Cold Water on Efforts to Narrow Gap with Volkswagen
The Hyundai Motor Company labor union has decided to escalate its strike after failing to bridge the gap on issues such as the “N% performance bonus.” Just as the company is rapidly closing the gap wi…
M&A·IB
"Who Lowered Building Prices?"…JR Global REIT to Appear in UK Court This Month
A lawsuit filed by JR Global REIT regarding the appraisal of the “Finance Tower” office building in Brussels, Belgium, is set to be heard in a British court this month. This lawsuit involves a court h…
Business·Industry
New Fabs Line Up One After Another… Will Samsung and Hanwha Engage in a Race to Secure Equipment?
As the government accelerates the development of an 800 trillion won semiconductor cluster in the Honam region, securing semiconductor equipment is emerging as a new variable. With existing investment…
M&A·IB
[Market In] LOTTE rental to Be Acquired by U.S.-Based TPG… Sale Price Set at 1.3 Trillion Won
Global private equity fund (PEF) manager Texas Pacific Group (TPG) is acquiring LOTTE rental(089860). According to investment banking (IB) industry sources on the 11th, Hotel Lotte held a board meetin…
M&A·IB
[Market In] Premium Prices for Synergy and Technology… Private Equity Fund Assets Being Snapped Up by Corporations
There has been a series of cases where global private equity fund (PEF) managers are selling portfolio companies to strategic investors (SIs), including large conglomerates. While secondary transactio…
M&A·IB
LX Invest, Celebrating Its 11th Anniversary: Starting in Consumer Goods, It Made Its Mark in Materials, Parts, and Equipment [Market In]
LX Investment (LX Invest), now in its 11th year since its founding, is increasing its presence in the mid-sized private equity (PE) market. The firm, which began by investing in minority stakes in con…