[News Space=Reporter seungwon lee] The number of female executives in the top 100 companies in Korea has reached 463, the highest number ever. In addition, 74 out of the 100 companies this year produced at least one female executive, breaking the record set last year and the year before. Compared to last year, the total number of executives in the top 100 companies this year increased only slightly by 0.8%, but the number of female executives increased by 5.5% during the same period. Among individual companies, Samsung Electronics surpassed 80 for the first time this year, and Amore Pacific wa
[News Space=Reporter seungwon lee] Hanwha Ocean has won orders for two LNG carriers, recording the largest number of orders among domestic shipyards this year. Hanwha Ocean (CEO Kim Hee-chul) announced that it has received an order for two LNG carriers worth 713.5 billion won from Maran Gas Maritime, a subsidiary of Angelicoussis Group, the largest shipping company in Greece. The ships will be built at the Geoje Plant in Gyeongsangnam-do and delivered to the ship owner in 2027. In particular, this contract includes an option contract for two ships, so additional orders are expected in the futu
[News Space=Reporter seungwon lee] Samsung Electronics uses code names as a means of maintaining security and preventing information leaks during the development of new products. This is not only a security-related matter, but also a means of metaphorically expressing the philosophy and function of the product, and it also becomes a device that arouses curiosity in many people. In particular, these codenames implicitly represent the innovation and technological achievements of the devices developed by Samsung Electronics. For example, the Galaxy S10's 'Beyond' signifies new design and technolo
[News Space=Reporter seungwon lee] Lotte Welfood (formerly Lotte Confectionery) will be running a large-scale outdoor advertisement to promote Pepero Day in Times Square, New York, this year, following last year. This year, the scale has been further expanded. Lotte Welfood announced on the 4th that it will be showing digital advertisements on the giant screen of the 'TSX Broadway' building located in Times Square, New York, USA from the 21st of last month to the 11th of this month. This is the second Times Square advertisement following last year, and this year, the scale has been further exp
[News Space=Reporter seungwon lee] What do Samsung Electronics, KB Kookmin Bank, Hana Tour, Daesang, LF (LG Fashion), Lotte Asset Development, Hanjin, and Daewoo Construction have in common? These companies are coincidentally founded on November 1st. Choosing such dates reflects the growth and identity of the company and gives employees a sense of belonging. Such anniversaries have a significant impact on employee motivation and engagement. A financial industry insider said, "It's surprising that the founding anniversaries of Korea's leading companies and well-known large companies coincidenta
[News Space=Reporter seungwon lee] Regarding the promotion of Shinsegae Group CEO Jeong Yoo-kyung to chairman on October 30, the Korea CXO Research Institute (Director Oh Il-sun), a corporate analysis specialist, stated that she is the first female chairman among major domestic corporations born after 1970. The CXO Research Institute announced in September that it had surveyed 200 major domestic conglomerates and 60 major mid-sized companies in terms of the number of chairmen born after 1970, and that there were 31 of them. All 31 chairmen surveyed were male. With the promotion of CEO Jung Yoo
[NewsSpace=Jack Moon] July 2024 saw a significant uptick in factory and warehouse real estate transactions across South Korea, with 568 deals totaling 1.7 trillion won. This represents a 19.1% increase in transaction volume and a 2.3% increase from June. Chungbuk province led the growth with a remarkable 1,296% increase in transaction value. Other regions, including Jeonnam, Ulsan, Daegu, Sejong, and Gangwon, also experienced substantial growth. In the Seoul metropolitan area, both Seoul and Incheon saw significant increases in transaction values. Gyeonggi Province, the country's largest marke
[NewsSpace=Jack Moon] Seoul's commercial real estate market is showing signs of recovery after a period of sluggishness due to high interest rates. In July 2023, the number of commercial building transactions in Seoul increased by 23% compared to the previous month, totaling 187 deals worth 2 trillion won. Although the figure represents a 28.9% decrease from June, it marks a 81.2% increase in YoY. Investment returns are also on the rise, with office spaces in Seoul showing a 1.99% return in Q2, up 0.15 percentage points from the previous quarter. The Gangnam district, in particular, saw signif
[News Space=Reporter seungwon lee] Adidas Korea CEO Peter Kwak (Kwak Geun-yeop), who is suspected of abusing franchisees, was criticized by both ruling and opposition party lawmakers for his insincere attitude during the National Assembly’s State Affairs Committee’s state audit. In particular, CEO Peter Kwak, who spoke fluent Korean during last year’s state audit, brought an interpreter and gave answers in English this year, drawing criticism from both ruling and opposition party lawmakers. At the National Assembly’s State Affairs Committee’s state audit of the Fair Trade Commission and other
[NewsSpace=Jack Moon] The Central Business District (CBD) around Gwanghwamun, which boasted nearly 100% occupancy rates despite uncertain economic conditions, is expected to suffer from vacancy pains in the future. This is due to the concentration of large-scale new supply through reconstruction projects after the second half of 2026. According to the commercial real estate industry on the 18th, from 2026, office supply of about 400,000㎡ in gross floor area is scheduled in areas such as Gongpyeong, Supyo, Sewoon districts, and Hyoje-dong in Jongno-gu. This large-scale office volume, equivalent