Industry
KT Completes Sale of ‘Cash Cow’ Initech… Can It Survive Under a ‘Business Manager’ System Without a CEO?
The sale of Initech053350, a financial and security subsidiary of the KT030200 Group, has...
Struggling IKEA Finally Enters Seoul… Will It Recover to Pre-Pandemic Levels?
IKEA, currently grappling with lackluster performance, is set to open a new store for the...
Why the ‘Cardboard Drone’ Project, Once Shelved, Is Being Revived
The procurement project for 'cardboard drones' (small reconnaissance drones Type 3), which...
Chairman Choi Yun-beom Successfully Defends Korea Zinc Management Rights; Young Poong and MBK Suffer Defeat
Chairman Choi Yun-beom of Korea Zinc010130 has successfully defended his management control...
Czech Republic Eyes South Korea as a Key Partner in Aerospace
Czech space companies and institutions are increasingly viewing South Korea as a core...
The Reasons Behind Growing Criticism of the “Ambiguous” AI Framework Act
The "AI Framework Act," scheduled to take effect next January, finds itself at a crossroads....
“Slovakia, Neighbor to Poland, Next in Line?” Green Light for K2 Tank and FA-50 Exports
The Slovak Ministry of Defence is reportedly considering the introduction of new tanks,...
Biz People
Riding High, Stalled by the Homeplus Crisis: Kim Byung-Ju, Chairman of MBK Partners
Riding High, Stalled by the Homeplus Crisis: Kim Byung-Ju, Chairman of MBK Partners
The Homeplus crisis has triggered a wave of social criticism directed at the private equity...
Samsung Electronics Vice Chairman Han Jong-hee passes away... Will Lee Jae-yong become an executive director?
Samsung Electronics005930 Vice Chairman Han Jong-hee passed away on the 25th due to a heart...
Why are pharmaceutical companies turning their attention to the senior housing business?
The pharmaceutical and biotech industry is diving into businesses such as "nursing homes"...
Modern Lion, a Joint Venture by Hyundai Card and Like Lion, Launches New NFT Platform ‘Jetmarket’
Modern Lion, a joint venture between Hyundai Card and Like Lion, is launching a new service....
‘Ammunition Powerhouse’ Poongsan Enters Government Bidding with Self-Developed Drones
Poongsan103140, a renowned powerhouse in ammunition, is expanding its business by selecting...
Military Telling
KF-21 Stands at a Crossroads Between Foreign Exports and Power Vacuums
KF-21 Stands at a Crossroads Between Foreign Exports and Power Vacuums
Interest from foreign customers in the KF-21 Block 1 is rising sharply. Compared to last...
Design Winery
Korean Air’s CI Changes After 41 Years: “The Direction Was Right, This Is Just the Beginning”
Korean Air’s CI Changes After 41 Years: “The Direction Was Right, This Is Just the Beginning”
Korean Air003490 recently hosted the 'KE Rising Night' event at its headquarters hangar in...
“Owned” digital content that vanishes when a platform closes?
"My permanently owned copies have vanished into thin air." At the end of last month, the...
“Dissatisfied with Indian and Chinese Options”: Brazil Shows Interest in Cheongung-II Air Defense System
Brazil, a South American military power, is currently pushing for a project to modernize its...
Why MBK Partners Chairman Michael Kim Faces Continued Criticism Despite Pledge of Personal Funds for Homeplus
With Homeplus filing for corporate rehabilitation, criticism of its largest shareholder, MBK...
MBK Partners Chairman Michael Kim pledges personal funds, but can he avoid the ‘arrows’?
Authorities have launched an all-out pressure campaign regarding the corporate...
“AI Enterprise” Proclaimed: How are the Telecom Trio Changing Their Outside Director Lineups?
Starting with LG Uplus032640, the three major telecommunications companies will hold their...
Chile Launches Next-Generation Submarine Acquisition Project; Hanwha Ocean and HD Hyundai Prepare Bids
Chile, currently pushing for the modernization of its navy, has launched an acquisition...