Kim Min-seok Meets Kang Hoon-sik, Expresses Hope for Government Collaboration
Kim Min-seok, the leader of the Democratic Party, expressed optimism on August 18 about forming a "team without walls" with the government, stating that he feels a sense of responsibility and expectation for effective communication.During a meeting at the National Assembly with Kang Hoon-sik, the Chief of Staff to the President, Hong Ik-pyo, the Chief of Political Affairs, and Jeong Eul-ho, the Political Secretary, Kim noted, "It is not typical to receive a message from the sitting president bef
SK Hynix and Labor Union Reach Agreement on Wages and Bonuses
SK Hynix and its labor union have made significant progress in negotiations for the 2026 wage and collective bargaining agreement, overcoming major differences after a marathon session during the Liberation Day holiday. The two sides are set to hold a representative negotiation today (August 18) to finalize the agreement.According to industry sources on August 18, SK Hynix and the labor union announced to their members that they would hold a representative negotiation today to reach a final agre
Paldo and hy Expand Global Brand 'ARIH' into Japan and Canada
Paldo and hy's global food and beverage brand 'ARIH' is officially entering the Japanese and Canadian markets, expanding its reach across Asia and North America.On August 18, Paldo and hy announced that ARIH products will be exclusively available at Japan's Seven-Eleven and Canada's Loblaw Group, targeting local markets through established distribution networks. Unlike previous strategies that focused on launching products domestically before expanding overseas, ARIH has prioritized internationa
Korea Tourism Organization Attracts Indian Incentive Travel Groups, Bringing 2,000 Visitors
The Korea Tourism Organization is accelerating efforts to attract Indian tourists, a burgeoning market in the global tourism industry. The organization has successfully secured several large incentive travel groups, actively targeting the high-value inbound tourism sector.According to the tourism organization, approximately 2,000 Indian tourists are set to visit Korea for incentive travel in September.About 1,400 employees from the global health and wellness company Herbalife will visit Seoul an
SM Group's Daehan Shipping Reports 91% Increase in Q2 Operating Profit
SM Group's shipping subsidiary, Daehan Shipping, announced on August 18 that its consolidated operating profit for the second quarter reached 63 billion won, a 91% increase compared to the same period last year.During the same period, revenue slightly decreased by 6% to 312.8 billion won, influenced by completed construction sales in non-shipping sectors. For the first half of the year, the company reported total revenue of 590.6 billion won and an operating profit of 137.4 billion won.Daehan Sh
Hana Financial Group Provides Financial Education and Counseling in Ulleungdo
Hana Financial Group has launched financial education and counseling services for the elderly in Ulleungdo, where access to financial services is limited. On August 12, Hana Financial announced that its 'Hana Dream Bus,' aimed at improving financial accessibility for vulnerable senior citizens, visited Ulleungdo. The Dream Bus is a service where financial experts travel in a dedicated mini-bus to visit senior towns, community centers, welfare facilities, and nursing homes. Hana Financial partici
NH Investment & Securities Raises Hyundai Marine & Fire Insurance Target Price
NH Investment & Securities announced on August 18 that it has raised its target price for Hyundai Marine & Fire Insurance from 46,000 won to 55,000 won, citing improvements in both insurance and investment profits, as well as a positive shift in the asset-liability duration gap. The firm maintained its 'buy' rating.Jung Jun-seop, a researcher at NH Investment & Securities, stated, "Hyundai Marine & Fire Insurance is showing an upward trend in both insurance and investment profits," adding that t
DBKorea Expands Canadian Presence and Produces Sauces in the U.S.
DBKorea is moving forward with its North American strategy, combining the overseas expansion of its restaurant brands with local sauce production and distribution. This initiative follows the global strategy announced by CEO Baek Jong-won in September 2025, which is now yielding concrete results through partnerships with local companies.On August 18, DBKorea announced that Baek Jong-won, currently on a business trip in North America, signed a memorandum of understanding (MOU) with Canada's Sunra
Jung Jeom-sik Calls for Special Disaster Designation for Flood-Hit Busan and Gyeongnam
Jung Jeom-sik, the floor leader of the People Power Party, urged the government on August 18 to designate Busan and Gyeongnam as special disaster areas following record rainfall that caused significant damage.In a post on his Facebook page, Jung stated, "Busan and Gyeongnam have faced a series of natural disasters, including extreme heat and drought, followed by this heavy rainfall, exacerbating the difficulties for local residents and farmers."He noted, "During the Liberation Day holiday, recor
Epson Korea Unveils Four New Industrial Printing Products at K-Print 2026
Epson Korea announced on August 18 that it will participate in 'K-Print 2026,' taking place from the 19th to the 22nd at KINTEX in Ilsan, where it will showcase key new products and specialized printing solutions.The company will present its unique 'PrecisionCore' print head technology under the theme 'One Flow, One Epson.' It has significantly expanded its lineup to meet the diverse demands of segmented markets, including apparel, goods, industrial printing, and commercial printing.The core new