[NewsSpace=Jack Moon] The small office building market in Seoul's Gangnam district is showing a unique phenomenon that defies common investment sense. RSQUARE's latest data analysis provides a breakdown of the paradox alluding to its historical background and its distinct urban landscape. According to RSQUARE's R.A (Real Estate Analytics) system, the ‘24.Q2 average cap rate of small office buildings in Seoul stood at 3.2%, significantly lower than that of medium and large buildings at 4.5%. Average sale price, however, was 35 million won per py (pyeong) for small that exceeded the 32 million w
[NewsSpace=JeongYoung Kim] Samsung today announced that the company hosted its flagship career fair and networking event Tech & Career (T&C) Forum in London, United Kingdom, as part of continuous efforts to secure global talent and further strengthen the firm’s technological competitiveness on a global level. The Tech & Career Forum is a career fair where Samsung SDI’s top executives meet with students from top-rated schools across the globe to share the company’s vision and recruit global top talent. The event was held for the third time this year, following previous ones in Bosto
[News Space=Reporter seungwon lee] September 19th is the 56th birthday of Shinsegae Group Chairman Chung Yong-jin. It is his first birthday since taking office as chairman. It is his first promotion in 18 years since 2006. To celebrate his birthday, let’s share meaningful, fun, and interesting stories related to Chairman Chung Yong-jin. On September 19, 1968, the day he was born, Seoul experienced an unusually high temperature, and the entire country soared to a high of 31.4 degrees, 6 degrees higher than the average. Even after 50 years, the weather conditions are similar. The major articles
[NewsSpace=JeongYoung Kim] Samsung SDI announced today that the company has completed and signed an agreement with General Motors to establish a joint venture to supply electric vehicle(EV) batteries in the United States. The ceremony was held at Samsung SDI's office in Seoul, and was attended by key executives from both companies, including Samsung SDI CEO Yoon-ho Choi. Samsung SDI reached an agreement with GM in April of last year to form an EV battery joint venture and has since been working on finalizing key details. The joint venture will be located in New Carlisle, Indiana, on a 680-acre
[News Space=Reporter seungwon lee] It was revealed that ABC Mart (ABC Mart Korea), the number one shoe retailer in Korea, paid 43.8 billion won to its Japanese headquarters over the past six years in the name of royalties. The largest shareholder of ABC Mart Korea is Japan-based ABC Mart.INC, which owns 99.96% of the shares. The remaining 0.04% is owned by Lee Ki-ho, CEO of ABC Mart Korea. According to the six-year audit report of the Financial Supervisory Service's electronic disclosure system on the 20th, out of the profits earned from Korean consumers in Korea, 6.4 billion won to 8.2 billio
[News Space=Reporter seungwon lee] Even in the global world, the brilliant performance of founders and CEOs born in the 60s to 80s is notable, as is the case in Korea. The same goes for the United States, which leads the world's big tech. Looking at the ages of representative Big Tech CEOs or founders in the US, Elon Musk, the world's richest businessman and a global corporate president pursuing business in all areas of space (heaven), earth, and underground, was born in 1971; Mark Zuckerberg, CEO of Meta Group who created a social media sensation with Facebook and Instagram, was born in 1984;
[News Space=Reporter seungwon lee] It has been reported that SG Dinehill (CEO Park Young-sik) is in a state of capital erosion, having recorded operating losses and net losses for two consecutive years. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 16th, as of the financial statement date (March 25, 2024), the company's current liabilities are 4.6 billion won more than its current assets, indicating capital impairment. The traditional Korean restaurant Samwon Garden was founded in 1976 by Park Soo-nam, the father of LPGA professional g
[News Space=Reporter seungwon lee] There was a time when the 386 generation was the mainstream of the world. After that, the novel and movie "Kim Ji-young, Born 1982" had a big impact on the public, and even the book "The 90s Are Coming" contained the worries and pains of contemporary people across generations. There was even a saying among office workers that "The 90s are coming, the 70s are crying." The first generation of Korean conglomerates, including Lee Byung-chul (1910), Chung Ju-young (1915), Koo In-hoe (1907), Cho Hong-je (1906), Shin Kyuk-ho (1922), and Park Tae-joon (1927), were th
[NewsSpace=JeongYoung Kim] Samsung SDI today announced that the company held Tech & Career Forum 2024 in Boston, the United States, on August 3. Samsung SDI’s own career fair Tech & Career Forum invites people who hold a master’s and/or PhD degree so they have a chance to engage with the company’s key executives and explore career opportunities. Boston, where the Saturday’s event was hosted, also houses Samsung SDI R&D America (SDIRA), the company’s first research and development center to be established in the United States. SDIRA is dedicated to working on innovative battery tech
[News Space=Reporter seungwon lee] Despite the fact that the operating profit and net profit of German luxury kitchen brand Fissler Korea (CEO Lee Gyeong-woo) plunged by 65% and 79% last year, respectively, it was revealed that it paid out 7 billion won in dividends over the past two years. Whistler Korea is a company that imports and sells all kitchen appliances necessary for cooking, including pressure cookers, pots, pans, cooktops, knives, cutlery, and cooking utensils. According to the Financial Supervisory Service’s electronic disclosure system on the 25th, Whistler Korea’s operating pr
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UPDATE: 2024년 12월 27일 06시 00분
