Commercial real estate data company RSQUARE (CEO Yong-kyun Lee) has been named to the 'Asia-Pacific High-Growth 500 Companies' list by the Financial Times (FT) and global market research firm Statista for the fourth consecutive year. FT and Statista recently announced their list of 500 companies in the Asia-Pacific region that achieved the highest growth from 2018 to 2024. According to the report, RSQUARE recorded an average annual growth rate of 31.4% from 2020 ($54 million) to 2023 ($112 million), resulting in a cumulative revenue increase of 126.8%. According to the FT, while this year’s bu
[News Space=Reporter seungwon lee] An international group of current and former speakers of parliament from 36 countries around the world, including Cambodia and Colombia, visited a demonstration site where cutting-edge water management technology innovation is taking place. Korea Water Resources Corporation (K-water, President Seok-Dae Yoon) announced on April 11 that a 12-member delegation from the Inter-Parliamentary Speakers Conference, including former Prime Minister of Pakistan and current Speaker of the Senate Yousuf Raza Gillani, visited the Water Comprehensive Situation Room at the Ha
[News Space=Reporter seungwon lee] LG Display (CEO Jeong Cheol-dong) is implementing a delivery service using AI-based autonomous driving robots, significantly improving employee convenience and enhancing work productivity. An outdoor delivery service using delivery robots from 'Woowa Brothers' will be launched from the coffee shop located in the Paju business site to the entrance of the building where employees work, such as the office and factory buildings. This is the first outdoor robot delivery service in an industrial complex in Korea. The delivery robot quickly recognizes surrounding ob
[News Space=Reporter seungwon lee] On the 11th, Kookmin Bank (CEO Hwan-Joo Lee) signed a business agreement for ‘mutual cooperation and joint development’ with KAI (Korea Aerospace Industries, Ltd., CEO Gu-Young Kang). The signing ceremony held at the new building of KB Kookmin Bank in Yeongdeungpo-gu, Seoul was attended by KAI President Kang Gu-young, KB Kookmin Bank President Lee Hwan-joo, and officials from both organizations. This agreement was prepared to strengthen competitiveness in the aerospace sector, a key national industry, support entry into the global market, and establish a mutu
[News Space=Reporter seungwon lee] Dongwon Group has embarked on a business restructuring to significantly strengthen its global food business. Dongwon Industries, the holding company, has decided to incorporate its affiliate Dongwon F&B as a 100% subsidiary and group four domestic and foreign food companies into a business group (Division). Through this, the company plans to create synergy by consolidating its scattered food business capabilities and achieve a second leap forward in the global food market. Dongwon Industries and Dongwon F&B announced on the 14th that they held a board
[News Space=Reporter seungwon lee] Coffee franchise Tous Les Jours (CEO Moon Young-joo) is being criticized by consumers as a 'greedflation' company due to frequent price increases despite posting record sales for two consecutive years. Also, attention is focused on the background and reason for Trinity Holdings Korea, the controlling company of Twosome Place and a 100% owner, implementing a paid-in capital increase of 38 billion won. Industry experts judged it to be an early recovery of the major shareholder's investment by utilizing stable cash flow. According to the Financial Supervisory Se
[News Space=Reporter seungwon lee] As part of its shareholder-friendly policy to enhance shareholder value, KOSPI-listed Yuhan Corporation is acquiring its own stocks worth 2 billion won. This treasury stock acquisition will be conducted through an on-market purchase in the KOSPI market, and the number of common shares to be acquired is 471,142, and the acquisition amount is 2 billion won. Yuhan Corporation currently holds approximately 850,000 common shares of treasury stock, and upon completion of this treasury stock acquisition, it will hold 7.8% of the total issued common shares as treasur
[News Space=Reporter seungwon lee] Amway Korea (CEO Shin Eun-ja) saw a slight decrease in sales last year, while its operating profit and net profit decreased significantly. In particular, despite the decrease in profits over the past three years, it paid out a whopping dividend of over 200 billion won. In addition, Amway India is being accused of ‘pyramid fraud’ and ‘creation of criminal proceeds’. As this is an incident in an Asian country, it is expected to have an impact on countries in the Asia-Pacific region, including Korea. According to the audit report of the Financial Supervisory Ser
[News Space=Reporter seungwon lee] Dyson Magic, which has monopolized the Korean small home appliance market as the undisputed No. 1 in the home appliance industry, is also losing its power in Korea. In addition, the debt ratio of 350%, current liabilities reaching 18.8 times the capital, and retained earnings of only 28% of the debt, show financial vulnerability. It is regrettable that even in such a vulnerable financial situation, 19 billion won, which is more than net profit, was paid out as dividends to the parent company. Dyson Korea Ltd. (CEO Robert John Julian Webster) is the Korean bra
[News Space=Reporter seungwon lee] While Tesla CEO Elon Musk, who is also serving as the head of the Department of Government Efficiency in the Trump administration, is making headlines around the world, Tesla's report card has been released in Korea. Tesla Korea's sales performance was the best in both sales and profit, but there were warning signs in accounting and finance, and it is regrettable that the company paid out dividends of nearly 40 billion won as a parent company even in a situation where cash flow was difficult. Tesla Korea Ltd. (CEO David John Feinstein, Kenneth Ernest Moore) w