10-year payment plans for inheritance tax, KCCI suggests

Korean executives from some of Korea’s largest companies and the chair of the most powerful lobbying group in the country are asking the tax authorities to offer longer payment plans for settling inheritance tax bills.

2021-06-10

Manufacturers are starting to feel optimistic

Confidence among manufacturers hit a 27-month high as vaccinations promise to bring the world out of the Covid catastrophe.

2021-04-04

Moon, optimistic about the economy, pushes ESG

President Moon Jae-in highlighted the significance of environmental, social and governance (ESG) factors in operating businesses during an event attended by leaders of large Korean companies on Wednesday.

2021-03-31

KCCI chairman Chey reaches out to Japanese counterpart

The new chief of Korea’s major business lobby group called on his Japanese counterpart to resume ties and regular exchanges.

2021-03-29

Handover

Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won, right, accompanies Doosan Infracore Chairman Park Yong-maan at the KCCI headquarters in Jung District, central Seoul.

2021-03-24

New chairman

SK Group Chairman Chey Tae-won, left, shakes hand with Park Yong-maan, Korea Chamber of Commerce and Industry (KCCI) chairman, at the KCCI headquarters in Seoul on Tuesday.

2021-02-23

SK Group Chair Chey Tae-won gets nod to lead KCCI

On Monday morning, KCCI’s chair committee recommend Chey to be chairman of the Seoul Chamber of Commerce and Industry. As is tradition, that would automatically make Chey chair the KCCI as well, which oversees 73 offices nationwide.

2021-02-01

Lobby groups call for leniency for Samsung's Lee

Business lobbying groups issued statements over the weekend, pleading leniency in a bribery case involving Samsung Electronics Vice Chairman Lee Jae-yong, with the Seoul High Court due to issue a verdict on Monday.

2021-01-17

3,953 Koreans given special permission to enter Vietnam

Nearly 4,000 businesspeople and family members of Koreans residing in Vietnam will be allowed to enter the Southeast Asian country starting Wednesday, marking the largest Korean group admitted since borders were closed due to the coronavirus.

2020-07-21

Korean biz lobby wins Van Fleet Award

The Korea Chamber of Commerce and Industry, the country’s leading business lobby group, said Monday it won the 2020 Van Fleet Award for its contribution to strengthening ties between Korea and the United States.

2020-05-18

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