[News Space=Reporter seungwon lee] The Korean Women's Association (Chairman Heo Myeong) held the 60th National Women's Convention with the theme of 'The Era of Gender Equality, Women Together' at 1:30 PM on November 18th at the 3rd floor auditorium of COEX in Seoul. The National Women's Convention, now in its 60th year, is a representative national women's event that has been a part of the history of women's social participation and empowerment in Korea since its inaugural event in 1962. This year, in particular, commemorates the 60th National Women's Convention and the 80th anniversary of lib
[News Space=Reporter seungwon lee] The recent 'honeymoon appliance payment fraud' incident that occurred at an LG Electronics Best Shop store in Dongdaemun-gu, Seoul is causing a great shock to Korean society. Branch manager A (40s) collected payments worth millions to tens of millions of won from customers, including prospective newlyweds, for home appliances, then disappeared before the appliances were delivered. Police arrested A in Sokcho, Gangwon Province, on the 10th, and on the 12th, the Seoul Northern District Court issued an arrest warrant, citing flight risk. According to a police in
[News Space=Reporter seungwon lee] The Supreme Court Sentencing Commission has significantly strengthened sentencing guidelines for securities crimes such as the use of undisclosed important information and price manipulation, recommending up to life imprisonment depending on the amount of criminal gain. This measure reflects public opinion demanding stricter punishment for the recent increase in organized and large-scale unfair trade crimes that undermine the fairness of the capital market. The court gradually increased sentences for crimes with criminal profits exceeding 5 billion won. Speci
[News Space=Reporter seungwon lee] Recently, the internal loan system operated by domestic large corporations and public institutions is rapidly emerging as a 'way to circumvent real estate regulations.' As regulations on household loans at commercial banks tighten, leading companies like Samsung, Hyundai Motor, Naver, Kakao, SK Hynix, and Dunamu are significantly raising and lowering in-house loan limits and interest rates as employee benefits. Dunamu, in particular, recently raised its in-house loan limit from 300 million won to 500 million won and operated it at a near-zero interest rate, d
[News Space=Reporter seungwon lee] On November 10, 2025, at the Hanla Encom quarry located in Haemi-myeon, Seosan, South Chungcheong Province, a worker A in his 60s from a subcontractor was hit by a falling rock while clearing rubble with an excavator after blasting the quarry. He was seriously injured and taken to the hospital in a state of cardiac arrest, but died the following evening on the 11th. Police and labor authorities are thoroughly investigating whether this fatal accident was caused by occupational negligence resulting in death and whether it violated the Serious Accident Punishme
[News Space=Reporter seungwon lee] President Lee Jae-myung strongly criticized shrinkflation, or "tricky price increases"—reducing product volume while maintaining prices—during a Cabinet meeting on the 11th, raising concerns in the chicken industry. Kyochon Chicken, in particular, was cited as a prime example, causing widespread repercussions in the domestic restaurant industry. Kyochon Chicken faced criticism for deceiving consumers in September of this year when it drastically reduced the weight of some boneless chicken items from 700g to 500g, while maintaining the same price. The company'
[News Space=Reporter seungwon lee] In the financial market, trust is the foundation of financial institutions' existence. The securities industry, in particular, requires a transparent internal control system to ensure the safety of customer assets. However, the recent revelation that a Korea Investment & Securities employee embezzled hundreds of millions of won in customer deposits and used it for gambling has brought the entire securities industry under scrutiny for its perceived moral hazard. According to the financial industry on the 5th, a male employee in his 30s working at the Gangn
[News Space=Reporter seungwon lee] Samsung BioLogics (CEO John Lim) announced on the 4th that it recorded a cumulative order amount of KRW 5.5193 trillion based on public disclosure standards for the year, surpassing the previous year's annual order amount (KRW 5.4035 trillion) in just 10 months. This is the largest annual order amount since the company's founding. Samsung BioLogics announced today that it has signed a contract manufacturing organization (CMO) increase contract worth approximately KRW 275.9 billion (USD 215 million) with a European pharmaceutical company. This contract brings
[News Space=Reporter seungwon lee] Recently, Kyochon Chicken has faced growing controversy over its pricing policies that have repeatedly betrayed consumer trust. First, on September 11, Kyochon Chicken reduced the precooked weight of its boneless chicken menu from 700g to 500g, a 28.6% cut, and changed its ingredients from using only chicken thigh meat to a mix including chicken breast. This sparked a ‘shrinkflation’ (reducing quantity while raising prices) controversy. These reductions and ingredient changes were made without prior notice to consumers and drew criticism over fears of qual
[News Space=Reporter Jeongyoung Kim] South Korean police have launched a forcible investigation into Hanwha Solutions, led by Executive Vice Chairman and CEO Dong-Kwan Kim, over allegations that its subsidiary, Hanwha NxMD, expropriated proprietary thermal management technology from a local venture. According to industry officials and sources familiar with the matter, law enforcement executed search and seizure operations at Hanwha Solutions, Hanwha NxMD, and related partners, with plans to summon senior executives for questioning. The complaint was filed by CGI, a Chungnam-based start-up spec