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Tue, October 4, 2022 | 15:37
NTS to minimize SME audits
Kim Duk-joong, the commissioner of the National Tax Service (NTS), vowed Monday to reduce the number of tax audits on small- and medium-sized enterprises (SMEs).
Genesys to up presence in Korea
Tom Eggemeier, the executive vice president sales of contact center solution provider Genesys, said Wednesday that his company is seeking to double its business in Korea in the next three years because the country is increasingly becoming a symbol of innovation in the region.
Stock riggers to face 'tax bomb'
The National Tax Service (NTS) said Friday that it will levy hefty penalty taxes on “black money” used in stock price manipulation.
Pantech introduces Galaxy S4 challenger
Pantech, the nation’s smallest phone-maker, unveiled a new flagship smartphone to challenge counterparts from Samsung Electronics and LG Electronics, Thursday.
Daewoo builds plants in Morocco
Daewoo Engineering & Construction (Daewoo E&C) is taking part in two plant projects in Morocco for the first time for a Korean firm in the untapped market.
LG CNS buys unmanned helicopter maker
LG CNS, the IT service arm of LG Group, announced Tuesday it has acquired Oneseen Skytech, an unmanned helicopter manufacturer, as part of its plan to diversify its portfolio.
Diageo to open foundation for needy
Diageo Korea, the No.1 whiskey seller in the country, announced Tuesday that it will spend 5 billion won over the next five years, to fund a foundation to help the underprivileged.
BAT introduces new Dunhill lights
British American Tobacco (BAT) released an upgraded version of its Dunhill Lights cigarettes, one of the most popular brands in Korea.
Park addresses foreign businesses' grievances
President Park Geun-hye is getting friendlier with foreign businesses operating here. In the latest case, her administration has scrapped plans to increase the minimal capital requirement for foreigners looking to start business here from 100 million won to 300 million won.
GS E&C making inroads into Vietnamese market
GS Engineering & Construction (GS E&C) is gaining a strong foothold in Vietnam, a country it has chosen as a strategic bridgehead to expand its business globally.
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