Korea Daily News (July 1, 2024)

Economy

  • Extension of Real Estate Asset Management Service: CBRE Korea has extended its asset management service contract for the Gangnam Finance Center.
  • Lucent Block: Lucent Block, operating the real estate token securities platform ‘Soyu’, has announced a new property, achieving the industry’s first double-digit public offering.
  • Daishin Securities ESG Integrated Report: The integrated report addresses key issues related to sustainable management.
  • Sajo Daerim Stock Surge: The K-food boom has significantly increased the stock prices of food companies, including Samyang Foods, known for its Buldak Bokkeummyeon.
  • High Interest Rates and Reduced Consumption: The burden of loan repayments on small business owners has reached an all-time high.
  • PulseAd Seed Investment: The retail media platform startup PulseAd has secured seed investment from global accelerator SparkLabs.
  • Hana Securities’ Investment Opinion on Samsung SDS: The investment opinion remains ‘buy’, anticipating advancements in AI, with the target price maintained.

 

Politics

  • People Power Party Leadership Election: Han Dong-hoon responded to criticisms by claiming some candidates are engaging in ‘fear marketing’.
  • Former Representative Lee Jae-myung: He expressed distress over the incessant phone calls and text messages he has been receiving.
  • National Assembly Steering Committee Inquiry: For the first time since the inauguration of the current National Assembly, an inquiry will be conducted targeting the Presidential Office.
  • Democratic Party Semiconductor Industry Support Bill: A bill has been proposed to support semiconductor industrial complexes.

 

Society

  • Child Neglect Case of a Young Mother: A mother who left her two young daughters alone for many hours has been fined.
  • Seoul Subway Fire: A fire broke out at Daechi Station, causing a temporary suspension of operations before resuming.

 

Technology

  • Opposition to AI Digital Textbook Implementation: Starting next year, AI digital textbooks will be introduced for elementary, middle, and high school students, causing some parents to worry about declining literacy.

 

Culture/Lifestyle

  • CU ‘Fresh Lemon Highball’ Popularity: The top hit product of the first half, achieving the highest sales.
  • Ourhome Customized Food Supply Agreement: Signed a contract with the salad and poke specialty restaurant Atokito.
  • Dongsuh Foods Kanu Promotion: Conducting a consumer reward event ‘Kanu Paddle Points Promotion’.

 

Other

  • Teen’s Rental Car Accident: A teenager without a driver’s license caused multiple vehicle collisions and fled the scene.
  • Cancellation of Private Pre-Sale Apartment Project: The mixed-use complex project in Paju Unjeong District has been canceled.
  • GM Korea Summer Promotion: Conducting a promotion for Chevrolet Spark owners.