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News
Global financiers target Korea data centers as KIS expands joint funding
14+ hour, 56+ min ago (526+ words) CHOSUNBIZ Chosunbiz Global financiers target Korea data centers as KIS expands joint funding Kim Sung-hwan, president of Korea Investment & Securities Co., said global financial firms consider data centers the most watched investment destination in Korea. Kim held a press briefing…...
Ex-councilor accuses Lee Soyoung over 70m won fees; nominee defends legality
17+ hour, 30+ min ago (339+ words) Minister nominee Lee So-young of the Ministry of SMEs and Startups is expected to be accused over allegations that she paid about 70 million won in consulting fees for legislative activities to a consulting firm whose corporate registry address is listed…...
KOSME launches healing camp to help South Korea’s re-entrepreneurs restart
16+ hour, 20+ min ago (174+ words) Korea SMEs and Startups Agency (KOSME) said on the 13th that it will begin accepting applications on the 14th for its "Rechallenge Healing Camp," which supports psychological recovery and a fresh start for re-entrepreneurs who are trying again after past failures. The…...
Lotte Biologics leads Korea job growth, plans 500 hires and work-life perks
17+ hour, 54+ min ago (14+ words) CHOSUNBIZ Chosunbiz...
Oh Se-hoon urges Korea to overhaul housing policy as Seoul prices surge
21+ hour, 57+ min ago (14+ words) CHOSUNBIZ Chosunbiz...
Won posts fastest Q3 gain among major currencies as Korea bets split on Fed
17+ hour, 4+ min ago (216+ words) On the 13th, data showed that the won's third-quarter appreciation rate was the highest among major currencies. According to the foreign exchange market that day, the won-dollar exchange rate (won-dollar rate) closed at 1,559.9 won on July 1 and 1,344.1 won on the 11th of…...
Korea tax chief refunds overpaid property tax to married joint homeowners
13+ hour, 57+ min ago (348+ words) CHOSUNBIZ Chosunbiz Korea tax chief refunds overpaid property tax to married joint homeowners National Tax Service Commissioner Lim Gwang-hyeon said on the 13th that "starting this year, the National Tax Service will, for the first time, calculate in advance and inform…...
Samsung C&T secures 512.2b-won Yeouido Mokhwa rebuild in South Korea
18+ hour, 30+ min ago (266+ words) Samsung C&T's construction division has secured the construction contract for the Mokhwa Apartment project in Yeouido, Seoul, worth 512.2 billion won. Following Daekyo Apartment, it has also won Mokhwa Apartment, solidifying its foothold in Yeouido's redevelopment market. Samsung C&T…...
Korea hikes property tax for nonresident single-home owners
18+ hour, 1+ min ago (14+ words) Korea shifts real estate tax to residency, raising bills for nonresident owners - CHOSUNBIZ Chosunbiz...
Tax reform chills South Korea’s luxury apartment auctions as bids slump
18+ hour, 13+ min ago (444+ words) CHOSUNBIZ Chosunbiz Tax reform chills South Korea's luxury apartment auctions as bids slump High-end home auctions stumble amid tax overhaul as bid success rates slide and no-bid repeats mount Because of the push to overhaul the tax code to increase…...