The National Tax Service will provide tax relief to taxpayers in areas affected by wildfires. The National Tax Service announced on the 26th that it will implement tax relief measures such as extending payment deadlines and postponing seizures and sales for taxpayers in the firefighting disaster are...
The Rural Development Administration announced on the 26th that the completion ceremony of the 'KOPIA disease-free seed potato comprehensive production complex,' supported by Pakistan's official development assistance (ODA) project, was successfully held. According to the Rural Development Administr...
Chung Eui-sun, chairman of Hyundai Motor Group, announced a $31 trillion investment plan for the United States on the 24th (local time) at the White House, with U.S. President Donald Trump looking on. Following the start of Trump's second term, attempts by key government officials to contact Preside...
The government will expand domestic stockpiling and promote diversification of import sources to ensure a stable supply of vehicle urea amid increasing domestic demand fluctuations depending on the supply chain situation. On the 25th, the government announced the vehicle urea supply stabilization pl...
A proposal has been made by a national research institute to strengthen copyright protection and diversify export regions to foster the K-content industry, which has established itself as a new growth industry in South Korea. Korea Development Institute (KDI) noted in its report, "Analysis of t...
Acting Prime Minister Han Duck-soo returned to work on the 24th, allowing Choi Sang-mok, the Acting Deputy Prime Minister and Minister of Economy and Finance, who had been overseeing state affairs during the acting period, to also return to his original role. However, with the opposition party indic...
The government will significantly expand the 'simplified business closure notification service,' which allows businesses to report their closure at either a local government office or a tax office, and have the notification processed through a single integrated system. This is to prevent small busin...
A restaurant in South Chungcheong Province selling stir-fried pork and grilled seafood through a delivery app has been criminally charged after being caught misrepresenting the origin of its pork. The allegation is that it claimed to use domestic pork while actually using American pork. The National...
On the 18th, Han Gi-jung, the Chairperson of the Fair Trade Commission, stated that he would check the daily payment status of Homeplus suppliers weekly in relation to the unsettled payment situation. During an emergency inquiry on 'Homeplus and MBK Partners' held by the National Assembly’s Politica...
The U.S. Department of Energy's listing of South Korea on the 'Sensitive Country List (SCL)' that restricts cooperation in nuclear, energy, and advanced technologies has sparked fierce political disputes. As the U.S. has not clearly stated the reasons for including South Korea on the SCL, the ruling...
