The massive forest fire in the Yeongnam region has continued for five days, causing casualties and damage to property across the country. The government has raised the forest fire disaster alert to the highest level, 'serious,' and has entered a 24-hour emergency system. Although the Korea Forestry ...
Last year, 8 out of 10 citizens perceived the conflict between 'conservatives and progressives' as the most serious social issue. The rate of those who felt serious about 'gender conflict' also surpassed 50%. According to the '2024 Social Indicators of Korea' report released by the Statistics Korea ...
The Fair Trade Commission is investigating the legality of internal transactions between MBK Partners, Homeplus, and Lotte Card under the Fair Trade Act. According to the industry on the 25th, the Fair Trade Commission has reportedly conducted on-site investigations targeting the headquarters of MBK...
The construction of the 'Okjeong-Pocheon metropolitan railway,' an extension project of Seoul Subway Line 7, is set to begin in earnest. The Ministry of Land, Infrastructure and Transport will hold a groundbreaking ceremony for the 'Okjeong-Pocheon metropolitan railway' at Okjeong Lake Park in Yangj...
Kakao Entertainment, the leading domestic distributor of music and albums, was caught by the Fair Trade Commission for disguising its promotional posts as consumer reviews after acquiring a social media (SNS) channel. The Fair Trade Commission announced on the 24th that it imposed a corrective order...
Costco's policy, which allowed online membership but required in-store cancellation for its paid membership program, has been changed following an investigation by the Fair Trade Commission. On the 24th, the Fair Trade Commission stated that it had issued a corrective measure (warning) for Costco Ko...
The Fair Trade Commission conditionally approved the merger of American software corporations Synopsys and Ansys. This decision is based on the premise that the two corporations will sell off some of their design assets, aiming to alleviate concerns over competition in the domestic semiconductor and...
The government announced a new standard contract aimed at creating a better working environment for web novel authors. The standard contract clarifies provisions related to serialization rights and content usage rights to address the issue of unfair contracts in the web novel market. The Ministry of...
Three companies that colluded in the bidding for a closed-circuit television (CCTV) security system purchased by Korea Gas Corporation were detected. The Fair Trade Commission noted on the 19th that it would impose a total penalty surcharge of 37 million won on VU Tech, Nexchal, and OTS for violatin...
The Ministry of Land, Infrastructure and Transport's Metropolitan Transport Commission announced on the 19th that it has approved the phase 1 implementation plan for the construction project of the Bus Rapid Transit (BRT) system connecting Seongnam City and Bogjeong Station in Songpa District, Seoul...
