Last year, the number of companies that made their first export approached 20,000, marking the highest level in the past five years.The Korea Customs Service reported on August 3 that 19,746 companies classified as 'first-time exporters' had no export records in the previous three years, representing a 3.7% increase from the previous year. This is the largest number recorded in the last five years. The export amount from first-time exporters also rose by 13.2% from the previous year, reaching $6

Dongbu Construction has regained a construction capability evaluation amount of over 2 trillion won this year, moving up to the mid-20s in the overall ranking. On August 3, Dongbu Construction announced that it ranked 25th in the "2026 Construction Company Capability Evaluation" released by the Ministry of Land, Infrastructure and Transport, with a construction capability evaluation amount of 2.0215 trillion won. This marks a three-place increase from last year's 28th position. The evaluation am

Lee Ho-sung, a councilman from Muan County, has proposed a two-track strategy that aims to simultaneously pursue the upgrade of Muan to city status while also reforming the administrative districts of Ilro and Samhyang to separate rural areas from new urban developments. During a five-minute speech at the seventh session of the 310th Muan County Council on August 3, Lee stated, "While we must steadfastly pursue the upgrade to city status, we also need to address practical administrative demands

The debate over the complete abolition of prosecutorial investigation powers is intensifying, with a post from a police officer in 2022 gaining renewed attention.Recently, an anonymous post titled "As a current police officer, I oppose the complete abolition of prosecutorial powers more than anyone" surfaced on various online communities.In 2022, a police officer identified as A, affiliated with the National Police Agency, candidly revealed the realities faced by police investigations following

“Few companies can absorb all the large office spaces being supplied in urban areas. Some of it will inevitably be filled through shared offices.” As concerns grow over increasing vacancies due to the planned supply of large office spaces in Seoul's central business district (CBD), Kim Dae-il, CEO of Fast Five, views the new supply as an opportunity to expand the shared office market. Kim stated, “From the recent completions in the Euljiro area to the offices expected to be supplied by 2029, we

The establishment of 'solar income villages,' where residents share profits from solar power generation, is set to gain momentum in Jeonbuk Province.On August 3, Jeonbuk Special Self-Governing Province announced that 17 villages across eight cities and counties have been selected as project sites in the first round of the Ministry of the Interior and Safety's solar income village initiative.Solar income villages are community-driven renewable energy projects where local communities install solar

“There are concerns about the viability of the shared office business model. However, if the past decade has been a period of transformation for the shared office market, the next ten years will see it establish itself as a standard,” said Kim Dae-il, CEO of Fast Five, in a recent interview with Aju Economy. Kim noted that while competitors have struggled to open new locations in recent years, Fast Five opened about ten new sites last year and plans to open more than ten this year. He added tha

Damyang County in Gwangju held its first regular meeting of the 9th elected term on August 3 at the county hall, sharing its vision and direction for governance. The meeting also recognized the winners of the National Bamboo Design Craft Competition, awarded the best public officials of the first half of the year, and honored departments with excellent complaint handling through the National Complaint Center. Mayor Park Jong-won stated, “The next four years will not be shaped by the will of one

Hanwha Group has officially launched Hanwha Machinery and Service Holdings (Hanwha M&S), a holding company that encompasses its Tech and Life Solutions sectors. The new holding company aims to enhance business specialization and strengthen synergies among its subsidiaries to boost corporate competitiveness and shareholder value.On August 3, Hanwha M&S held a launch ceremony at The Plaza in central Seoul, marking the official declaration of its establishment. CEO Kim Hyung-jo, along with three in