President Yoon Suk Yeol nominated Lee Hyung-il, the current first vice minister of the Ministry of Economy and Finance, as the new Deputy Prime Minister and Minister of Economy on August 30.According to the Ministry of Economy and Finance, Lee, a native of Daegu, began his public service career after passing the 36th National Administrative Examination in 1992 while studying economics at Seoul National University.He started his career at the Ministry of Finance and has since worked in various ro

Lotte Mart is accelerating its market penetration in Indonesia by restructuring its retail and wholesale stores around 'K-grocery' (food products). On August 30, Lotte Mart announced the reopening of its Klapa Gading store after a complete renovation, the first in 15 years. This marks the third store renewal in just two months, following updates at the Pramuka and Serang locations in July. The wholesale section has been transformed into a 'Wholesale Food Market' that combines K-food content, inc

A South Korean court has ruled that requiring civilian military employees to participate in outdoor training does not constitute a violation of their basic rights, affirming the legitimacy of a decision made by the National Human Rights Commission. On August 30, the Seoul Administrative Court's Administrative Division 11, led by Judge Kim Jun-young, ruled against a plaintiff identified as Jeong, who had filed a lawsuit challenging the commission's dismissal of his complaint. Jeong, who works as

In Yangpyeong, two distinct times flow. One is the time that connects to Seoul. It takes just one or two hours by car from Gangnam, allowing those who have spent their lives busy in the heart of politics, economy, media, and business to maintain ties with the capital. The other is the time of nature. Here, the Namhan River and Bukhan River meet, and the seasons change along the slopes of Yongmunsan. In spring, flowers bloom on the mountains; in summer, the rice fields turn green; in autumn, the

Lee Won-joo has been appointed as the new chief of the Presidential Mega Project Office, bringing extensive experience in the industrial and energy sectors.Born in 1971 in Daegu, Lee graduated from Seoul National University with a degree in economics and earned a master's degree in economics from the University of Colorado.He entered public service through the 40th National Civil Service Examination and has held key positions, including the Director of Material, Parts, and Equipment Cooperation

President Lee Jae-myung announced a cabinet reshuffle on August 30, appointing new ministers for six government departments and filling vacant positions in the presidential office.During a briefing, Chief of Staff Kang Hoon-sik revealed that President Lee has nominated candidates for six ministerial positions.Lee Hyung-il, the current First Deputy Minister of Finance, has been nominated as Deputy Prime Minister and Minister of Finance. Kang Shin-cheol, former Deputy Commander of the ROK-U.S. Com

Kim Seung-won, the newly nominated Justice Minister from the Democratic Party, stated on August 30 that he will work to effectively implement changes to the criminal justice system that have not been seen in 70 years.During a press conference at the National Assembly regarding the absence of Supreme Court Chief Justice Cho Hee-dae, Kim expressed his surprise, saying, "I agreed to the review, but it was somewhat unexpected."Previously, the Blue House had been searching for a successor after Jeong

Koo Yoon-cheol, the Deputy Prime Minister and Minister of Economy and Finance, departed on the 30th to attend the G20 Finance Ministers and Central Bank Governors meeting.According to the Ministry of Economy and Finance, Koo will participate in the G20 meeting taking place from the 31st to September 1st in Asheville, North Carolina.Upon arriving at Incheon International Airport, Koo initially turned back and did not board his flight. Speculation arose that this was related to a second cabinet re

Kyungdong Navien has been caught by fair trade authorities for providing a competitor with technical drawings based on temperature sensor designs from a small subcontractor.The Fair Trade Commission announced on August 30 that it has issued a corrective order and imposed a fine of 500 million won (approximately $450,000) on Kyungdong Navien for violating subcontracting laws by misusing technical data.According to the commission, Kyungdong Navien sought to reduce manufacturing costs for heating e