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Reporter : Park Jae-hyuk
Fri, July 1, 2022 | 02:11
Google, Netflix hit again for avoiding taxes in Korea
Google and Netflix have been accused of understating their earnings in Korea again last year to pay smaller amounts of corporate taxes, as Apple's local subsidiary did last year, according to their regulatory filings, Friday.
FKCCI awards contributors for France-Korea relations
The French-Korean Chamber of Commerce and Industry (FKCCI) on Thursday announced the six winners of the French Business Award 2022 for their contributions to relations between the two countries. The chamber held a general assembly a day earlier in Seoul to choose this year's winners.
Kolon suffers 565 million won loss from scrapped 'Chinatown' project
Kolon Global recently liquidated a special purpose entity established for the construction of the Korea-China Cultural Town in Hongcheon, Gangwon Province, in the wake of harsh criticism from the public earlier last year, according to its 2021 business report, Thursday.
DSME, Samsung Heavy Industries facing potential labor shortage
Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries have remained cautious about hiring blue-collar workers, despite labor shortage concerns resulting from the recent recovery of the shipbuilding market, according to industry officials, Wednesday.
POSCO named Steel Sustainability Champion
POSCO became Korea's first steelmaker to be selected as an annual Steel Sustainability Champion by the World Steel Association, the company said Wednesday.
Russia sanctions force Korea to rely more on SpaceX
Korea's upcoming space missions are expected to depend more on Elon Musk's SpaceX over the next few years, instead of Russia's Soyuz rockets, due to international economic sanctions on Moscow for invading Ukraine, according to aerospace experts. The likelihood of Korea's increased reliance on the American company has grown, since the U.K.'s OneWeb joined hands with SpaceX in ...
Hyundai Glovis to ship LNG from Australia for up to 15 years
Hyundai Glovis signed a long-term contract with Woodside, an Australian energy company, to ship liquefied natural gas (LNG) produced in Australia to Northeast Asia and other regions for up to 15 years, the Korean firm said Tuesday.
Dongwon Group faces legal fight with minority shareholders
Multiple institutional and retail investors are considering filing a lawsuit against Dongwon Group's directors, over the group's latest plan to merge the KOSPI-listed Dongwon Industries with its unlisted holding company, Dongwon Enterprise, on Oct. 1, according to industry officials, Tuesday.
Naver, Kakao face declining profits due to soaring labor costs
The stock prices of Naver and Kakao are expected to remain in the doldrums for the foreseeable future, due to their declining profitability as a result of a series of sharp wage hikes, according to securities market analysts, Sunday.
Hanwha Defense begins construction of K9 howitzer plant in Australia
Hanwha Defense held a ceremony last Friday to celebrate the beginning of the construction of the Hanwha Armored Vehicle Center of Excellence (H-ACE) in Geelong, a port city in the southeastern Australian state of Victoria.
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