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News

The Herald Business
mbiz.heraldcorp.com > article > 10872037

South Korea tightens external audits for agricultural cooperatives

6+ hour, 44+ min ago   (210+ words) Audit cycle for cooperatives with 50 billion to 300 billion won in assets cut from four years to two Periodic auditor designation system introduced for cooperatives with assets exceeding 1 trillion won The Ministry of Agriculture, Food and Rural Affairs announced Monday that…...

The Herald Business
mbiz.heraldcorp.com > article > 10872312

KB Financial taps Lee Jae-geun as next chairman, signaling generational shift across banking sector

7+ hour, 18+ min ago   (451+ words) KB succession committee opts for change despite record earnings Eyes on Kookmin Bank chief, key subsidiary CEO appointments KB's generational shift expected to ripple across year-end banking appointments Speaking to reporters Monday morning at KB Financial's annex building in Yeouido,…...

The Herald Business
mbiz.heraldcorp.com > article > 10872161

Incheon to provide W50.5b in loans to small businesses

8+ hour ago   (177+ words) Incheon Metropolitan City will provide 50.5 billion won ($37.7 million) in business stabilization loans to small business owners. The city will begin accepting applications Thursday for the third round of its 2026 "Hope Incheon Small Business Management Stabilization Fund." Loans are capped at…...

The Herald Business
mbiz.heraldcorp.com > article > 10872020

SSG.com's data-driven consulting lifts TOPS small-business partners' sales by 68%

8+ hour, 51+ min ago   (200+ words) 300 first-phase participants post average 68% sales gain SSG.com said Monday that 300 food partner companies that participated in the first phase of the TOPS Program — a small-business brand development initiative supported by the Ministry of SMEs and Startups — posted average sales…...

The Herald Business
mbiz.heraldcorp.com > article > 10872387

Convenience store desserts shift focus to quality fundamentals

6+ hour, 57+ min ago   (296+ words) After viral hits, product quality becomes the new battleground E-mart24 aims to move fast on trends while building lasting appeal The convenience store dessert race is shifting from novelty to fundamentals. As viral products such as Dujjonku and butter rice cake…...

The Herald Business
mbiz.heraldcorp.com > article > 10871946

Shin Dong-bin vows to be 'steadfast partner' as Lotte-KAIST R&D center opens

9+ hour, 27+ min ago   (263+ words) Lotte donates 10 billion won to build center, deepening industry-academia ties since 2012 "Lotte will be a steadfast partner so that faculty and students can research and take on challenges freely, without fear of failure." Lotte Group Chairman Shin Dong-bin reaffirmed his…...

The Herald Business
mbiz.heraldcorp.com > article > 10872030

Hanwha Forena Jije Station to offer 1,098 units amid GTX extension hopes

8+ hour, 47+ min ago   (203+ words) Close commute to Samsung Electronics' Pyeongtaek campus; model home opens next month, move-in set for September 2029 The complex sits along the corridor connecting central Pyeongtaek, Godeok International New Town and Brain City. Samsung Electronics' Pyeongtaek campus is also within roughly…...

The Herald Business
mbiz.heraldcorp.com > article > 10872039

Coupang to launch cosmetics anti-counterfeiting hotline to fight fake K-beauty products

8+ hour, 42+ min ago   (260+ words) Coupang Inc said it will operate a dedicated hotline for reporting counterfeit cosmetics as part of its efforts to combat fake K-beauty products. The e-commerce company co-hosted a brand protection seminar with the Korea Cosmetic Association on Sept. 10 to strengthen…...

The Herald Business
mbiz.heraldcorp.com > article > 10871970

Samsung Heavy Industries to showcase FLNG capabilities at Gastech 2026

9+ hour, 15+ min ago   (300+ words) Event runs Monday through Thursday in Bangkok Partnerships with US firms to advance FSRU and FLNG cooperation Samsung Heavy Industries said it will participate in Gastech 2026, held in Bangkok, Thailand, from Monday through Thursday, under the slogan "Charting the Voyage…...

The Herald Business
mbiz.heraldcorp.com > article > 10871930

Geumcheon-gu Launches Property Tax Pre-Calculator Service??? Know Your Bill Before It Arrives!

9+ hour, 41+ min ago   (285+ words) Complex tax rules make it hard to understand your bill — new service helps residents estimate their property tax with ease District strengthens guidance on September regular property tax payment period and methods Geumcheon-gu has launched a property tax pre-calculator service…...