Haitai has been fined 937.8 million won by the Financial Services Commission (FSC) for preparing and disclosing financial statements in violation of accounting standards, while four company officials, including the CEO, were fined a combine…
HDFC Bank, India's largest private bank by market capitalization, has launched an internal investigation after finding evidence that two senior executives leaked confidential business strategies and sensitive information with market impact.…
The Fair Trade Commission has begun procedures to impose fines on 17 wedding service providers that failed to properly display prices and penalty standards. They were found to have omitted prices for optional items on their websites or cont…
The Public Procurement Service has pre-announced a revision to the special conditions that clarifies the requirements for extending the contract period under the Multiple Award Schedule (MAS) for commercial software, while strengthening uni…
Saemaul Geumgo confirmed that personal information of over 400 customers was leaked due to a hacking attack and reported it to financial authorities. The Korean Federation of Community Credit Cooperatives announced the breach on the 13th. T…
The Financial Supervisory Service (FSS) has instructed companies to prepare for K-IFRS No. 1118 (Presentation and Disclosure in Financial Statements), effective January 1, next year, in five stages ranging from impact analysis to the actual…
Financial regulators announced on the 4th that they will conduct an emergency review of the security systems across the entire financial sector in response to the recent chain of cyber intrusion threats. The Financial Services Commission an…
Taihan Cable & Solution and KG Steel have established a strategic partnership centered on the subsea cable business. Taihan Cable & Solution (CEO Song Jong-min) announced on the 19th that it signed a mutual investment agreement with KG Stee…
A balloon filled with trash, sent by Kim Jong-un, fell on a domestic airport, delaying over a hundred aircraft takeoffs and landings. Rep. Kwon Yeong-jin, the People Power Party secretary of the National Assembly's Land, Infrastructure and …
Kim Jeong-ho, a Democratic Party of Korea lawmaker on the National Assembly's Committee on Industry, Trade, Resources and SMEs, said on the 22nd that, according to documents submitted by the Korea SMEs and Startups Agency, the budget for th…
LS Cable & System announced on the 10th that it has obtained ISO 37301, an international certification for compliance management systems, from BSI. According to LS Cable & System, ISO 37301 is a certification granted after evaluating whethe…
To overcome the low birthrate problem in our society, companies are each formulating and implementing measures to support employees with childbirth. Now, support is being expanded and strengthened not only for childbirth but also for marria…
JAL recently announced that it has opened a special commemorative website to mark the 60th anniversary of its Korea routes. The website introduces the history of the Korea routes and recommended travel destinations near Haneda Airport. It a…
Unmanned vehicle autonomous swarm control specialist company Pablo Air (CEO Kim Yeong-jun) said on the 9th that it successfully carried out deliveries in the "Damaged Repair Drone Delivery Event" held from the 2nd to the 4th by SK Telecom a…
KOIIA announced that it held the first Mid-sized Enterprise DX Connected Day on the 9th, facilitating customized matching between demand-side mid-sized enterprises and supply-side companies for digital transformation (DX), thereby expanding…
