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WebKorea's Tax Agency Leaves 230 Property Tax Queries Unanswered Over a Year
6+ hour, 36+ min ago (394+ words) Requests for Interpretation Flood In as Property Tax Rules Grow Impenetrable Surge in Queries Also Strains the Tax Authority The National Tax Service operates a tax law interpretation system that allows taxpayers to request an official reading when they find…...
Hanjin Ramps Up U.K. Fulfillment Center for K-Beauty Demand
12+ hour, 46+ min ago (153+ words) Seoul Economic Daily Hanjin Transportation (002320.KS) said on the 14th that it is ramping up operations at the U.K fulfillment center it established in April, ahead of the year-end global shopping season The company plans to use the U.K site to…...
Samsung to Pay Suppliers 1.3 Trillion Won Early Before Chuseok
9+ hour, 18+ min ago (265+ words) Seoul Economic Daily Samsung Group will pay 1.3 trillion won ($936 million) in supplier invoices ahead of schedule before the Chuseok holiday, aiming to ease cash pressure on partner firms during a period of heavy spending and to support domestic consumption Thirteen…...
Tax Agency Probes Baemin Over 100 Billion Won in Unpaid Withholding Tax
9+ hour, 48+ min ago (382+ words) National Tax Service Opens Audits Into 41 Firms Tied to Living Costs Suspected Tax Evasion Totals 1 Trillion Won, With 38 Food-Related Companies Baemin Allegedly Shifted Profits to German Parent Without Withholding Tax Egg Farms Suspected of 40 Billion Won, Processed Food Firms 300 Billion…...
Korea Trade Body Chief Seeks Deeper Battery Supply Chain Ties With Michigan
9+ hour, 48+ min ago (216+ words) Whitmer Says State Ready to Develop Next-Generation Technology With Korean Firms Luncheon With Executives Held on the 14th Yoon Jin-shik, chairman of the Korea International Trade Association, asked Michigan Governor Gretchen Whitmer for continued attention and support so that Korean companies…...
Oracle's Ellison Scraps Plan to Sell 50 Million Shares After One Day
10+ hour, 20+ min ago (201+ words) Sale Plan Adopted in June, Filed With Regulators on the 11th Stock Rebounded Sharply, Fueling Hopes of Further Gains AI Boom Lifted Backlog and Briefly Put Him Ahead of Musk Oracle Chairman Larry Ellison has scrapped a plan to sell company…...
Korea Warns of Airline Consumer Damage as Complaints Jump 37% a Year
11+ hour, 8+ min ago (279+ words) Complaint Growth More Than Double Rise in Travelers 7,438 Redress Requests Filed Over Past Three Years Contract Cancellation Disputes Top List at 4,341 Cases Consumer Agency, FTC Issue Alert Ahead of Chuseok Consumer complaints over airline services have risen sharply as demand…...
Jungheung Group Pays 70 Billion Won in Cash to Subcontractors
11+ hour, 34+ min ago (274+ words) Construction Payments Made Fully in Cash Ahead of Chuseok Move Eases Wage and Material Costs for Partner Firms GWANGJU — Jungheung Group is again moving to ease the financial strain on its subcontractors, deciding to pay out 70 billion won ($50 million) in…...
Startup Nanoo Doubles Sales With Custom Coating for Paper Packaging
16+ hour, 39+ min ago (245+ words) ■AI PRISM [Startup News] Nanoo Doubles Sales With Pulp Mold Coating Busan Becomes Hub for 10,000-Person Startup Project Medicube Tops U.S. TikTok Shop Sales ■ Eco-friendly packaging: The push to replace hard-to-recycle plastic packaging with paper is spreading worldwide. Korean startups…...
Seoul Land Transaction Permit Filings Plunge 35% in August
11+ hour, 56+ min ago (344+ words) Seoul recorded 3,012 land transaction permit applications in August, down 35% in a single month Down 66% from the April peak, the lowest since the citywide designation took effect Gangnam's three districts and Yongsan fell 0.34%, while northern Seoul rose 0.61% New applications for land…...