South Korea’s Fair Trade Commission, under Chairman Joo Byung-ki, is set to intensify sanctions on unfair chaebol practices and reaffirm regulatory measures to support small businesses, including a cap on delivery app commissions.
#YonhapInfomax #FairTradeCommission #JooByungKi #Chaebol #DeliveryAppCommission #RegulatoryReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92043
Joo Byung-ki’s Fair Trade Commission Sharpens Chaebol Oversight, Backs Small Business Cooperation
South Korea’s Fair Trade Commission, under Chairman Joo Byung-ki, is set to intensify sanctions on unfair chaebol practices and reaffirm regulatory measures to support small businesses, including a cap on delivery app commissions.
South Korea’s major chaebol groups reduced their total affiliates by 14 over three months, accelerating restructuring through divestments and new business expansion, particularly in future growth sectors and real estate.
#YonhapInfomax #Chaebol #FairTradeCommission #AffiliateRestructuring #Kakao #ElectricVehicleSector #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91890
Chaebol Groups Shed 14 Affiliates in Three Months as ‘Selection and Concentration’ Restructuring Accelerates
South Korea’s major chaebol groups reduced their total affiliates by 14 over three months, accelerating restructuring through divestments and new business expansion, particularly in future growth sectors and real estate.
Con nhà tài phiệt Hàn Quốc không còn chạy theo 'hôn nhân chính trị'
Thời đại của những cuộc hôn nhân chính trị ở Hàn Quốc, khi giới siêu giàu tạo dựng mối quan hệ với giới quyền lực thông qua hôn nhân, đã thay đổi.
South Korea’s Fair Trade Commission fined Woomi Group 48.37 billion won ($35.7 million) for unfairly awarding contracts to affiliates owned by the founder’s family, highlighting ongoing scrutiny of chaebol practices.
#YonhapInfomax #WoomiGroup #FairTradeCommission #UnfairSupport #Chaebol #ConstructionContracts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91142South Korea’s top seven chaebol, including Samsung, SK, and Hyundai Motor, have pledged nearly 1,305 trillion won ($980 billion) in domestic investments following a breakthrough in Korea-US tariff negotiations, signaling a major boost for jobs, R&D, and industrial competitiveness.
#YonhapInfomax #Chaebol #SamsungElectronics #DomesticInvestment #TariffAgreement #JobCreation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91066
Major Tariff Hurdle Cleared—South Korea’s Top 7 Chaebol Unveil Multi-Trillion Won Investment Plans
South Korea’s top seven chaebol, including Samsung, SK, and Hyundai Motor, have pledged nearly 1,305 trillion won ($980 billion) in domestic investments following a breakthrough in Korea-US tariff negotiations, signaling a major boost for jobs, R&D, and industrial competitiveness.
President Lee Jae-myung credited South Korea's business leaders for their pivotal role in successful Korea-US tariff negotiations, pledging continued government support for corporate global competitiveness and urging increased domestic investment.
#YonhapInfomax #LeeJaeMyung #SamsungElectronics #TariffNegotiations #Chaebol #DomesticInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=91052Calls are mounting for regulatory easing on chaebol-affiliated REITs in South Korea, as industry leaders urge streamlined approvals and reforms to boost market growth and investor protection.
#YonhapInfomax #REITs #Chaebol #KoreaREITsAssociation #RegulatoryReform #ListedREITs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=89647
Major Chaebol REITs Face Regulatory Hurdles—Approval Process Needs Streamlining
Calls are mounting for regulatory easing on chaebol-affiliated REITs in South Korea, as industry leaders urge streamlined approvals and reforms to boost market growth and investor protection.
Concerns are rising in South Korea’s financial and legal sectors that abolishing the breach of trust law could create loopholes for sophisticated corporate self-dealing, as civil litigation remains ineffective in curbing white-collar crime.
#YonhapInfomax #BreachOfTrust #WhiteCollarCrime #Chaebol #ShareholderLawsuit #BooyoungGroup #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=89458
Neither Embezzlement Nor Fraud—Concerns Mount Over 'Sophisticated Self-Dealing' in Legal Loophole as Breach of Trust Law Faces Abolition
Concerns are rising in South Korea’s financial and legal sectors that abolishing the breach of trust law could create loopholes for sophisticated corporate self-dealing, as civil litigation remains ineffective in curbing white-collar crime.
KFTC Discloses Chaebol Debt Guarantees—2024 Hits All-Time Low
South Korea’s Fair Trade Commission reported that chaebol debt guarantees fell to a record low in 2024, with total guarantees dropping sharply amid tighter regulations and group exclusions.
Fair Trade Commission Chairperson Ju Byung-ki announced stricter penalties for corporate law violations, vowing to ensure they exceed any potential gains, and pledged to strengthen oversight of chaebol practices and online platforms to foster fair competition and protect SMEs and consumers.
#YonhapInfomax #FairTradeCommission #JuByungKi #CorporatePenalties #Chaebol #OnlinePlatformMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=81936
Ju Byung-ki - 'Corporate Penalties to Exceed Gains from Legal Violations'
Fair Trade Commission Chairperson Ju Byung-ki announced stricter penalties for corporate law violations, vowing to ensure they exceed any potential gains, and pledged to strengthen oversight of chaebol practices and online platforms to foster fair competition and protect SMEs and consumers.
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