KG Group held a commemorative event on August 29 at the KBS Art Hall in Yeongdeungpo, Seoul, attended by over 1,000 employees, family members, scholarship recipients, and partners.As KG Group approaches its 41st anniversary on September 1, the event reflected on the company's expansion into various sectors, including automotive, steel, chemicals, finance, media, education, and culture, while sharing its business direction for the next decade.In his speech, Chairman Kwak Jae-sun expressed gratitu

The government has initiated behind-the-scenes mediation focused on establishing a 'cooperative fund' to resolve conflicts surrounding early morning deliveries at large supermarkets.According to sources in the government and retail industry on the 29th, the Ministry of SMEs and Startups and the Ministry of Trade, Industry and Energy are developing detailed cooperative adjustment plans to appease small business owners who oppose the easing of regulations on early morning deliveries. Since the beg

Shinsegae Group is restructuring its e-commerce operations. SSG.com will separate its grocery and lifestyle businesses into distinct entities, while Gmarket will introduce a same-day delivery service in partnership with Trader's, a warehouse-style discount store. This strategy aims to specialize operations while flexibly connecting affiliate assets. According to the retail industry on August 30, Gmarket will open a 'Trader's Same-Day Delivery Center' on September 1. Customers will be able to ord

As small and indie brands emerge as key players in K-Beauty exports, their approach to international expansion is evolving. In the past, brands would directly enter platforms like Amazon or seek local buyers individually. Recently, domestic distribution and platform companies like Olive Young and Musinsa have taken on a larger role in connecting brands with overseas consumers.According to industry sources, major domestic distribution and platform companies are utilizing their own overseas stores

The won-dollar exchange rate is trending upward in the 1,370 won range.As of 9:39 a.m. on August 31, the exchange rate in the Seoul foreign exchange market is 1,378.7 won per U.S. dollar. The rate was trading at 1,379.5 won, up 7.0 won from the previous week's closing price as of 6 a.m. today.This increase is attributed to a stronger dollar following hawkish comments from Federal Reserve Chair Kevin Warsh.At the same time, the dollar index, which measures the dollar's value against six major cur

Hong Ji-sun, the nominee for Minister of Land, Infrastructure and Transport, stated that she will thoroughly coordinate with the Seoul city government regarding housing supply issues, including those related to Yongsan Park. Following the housing supply measures announced on August 13, reconciling differences between the central government and Seoul on urban housing solutions is expected to be one of her first tasks.On her way to the Government Sejong Center on the morning of August 31, Hong tol

Law Firm Won, led by attorneys Yoon Gi-won and Lee Yoo-jung, announced on August 31 that attorney Kang Jung-woo has published a new book titled 'Conditions of Defense Export Contracts: Practical Contracting in International Defense Transactions.'The book analyzes the legal and contractual risks associated with the increasing international defense transactions, particularly in light of the growing export of K-defense products in the global market. It serves as a practical guide that systematicall

DL Construction has appointed Ha Jung-min, former Chief Safety Officer (CSO) with over 20 years of experience in construction site and safety management, as its new CEO, aiming to strengthen site-centered safety management. On August 31, DL Construction announced the appointment of Ha Jung-min as CEO. This decision was made with a focus on internal talent, considering skills and capabilities, and aims to reinforce the company's site-centered management approach. Born in 1974, Ha began his career

In September, 2,294,800,000 shares from 38 domestic listed companies will be released from mandatory holding registration.According to the Korea Securities Depository on August 31, the total number of shares subject to the release next month is 2,294,800,000 from 38 companies. Of these, 119,495,566 shares from five companies will be released in the KOSPI market, while 1,099,999,999 shares from 33 companies will be released in the KOSDAQ market.Mandatory holding registration is a system that elec