Korea Joongang Daily
Korea JoongAng Daily

Gov't moves to abolish restrictions on overnight online deliveries by large offline retailers

The government is moving to abolish restrictions on overnight online orders and deliveries at large retail stores, arguing the current policy has allowed e-commerce platforms such as Coupang to benefit while offline retailers face tighter regulation.

2026-02-05

Industrial output growth slows to five-year low in 2025

Korea's industrial output grew at the slowest pace in five years in 2025, while retail sales and facility investment also grew at a moderate pace, government data showed Friday.

2026-01-30

Cha Eun-woo's downfall is yet another warning for brands built around celebrity ambassadors

Once fondly dubbed “face genius” by fans and the media, Cha Eun-woo became a favorite choice for advertisers promoting banks, cosmetics and other consumer brands. That image took a hit after he was accused of evading billions of won in taxes.

2026-01-29

Online retail sales jump nearly 12% in 2025 on improved consumer sentiment

Revenue of online retail platforms increased 11.8 percent from a year earlier in 2025, thanks to a rebound in domestic consumption, government data showed Wednesday.

2026-01-28

Korea’s financial regulators mull allowing single-stock leveraged ETFs to ease won pressure

Korea’s financial regulators are reviewing whether to allow leveraged exchange-traded funds (ETFs) tied to individual stocks such as Samsung Electronics and SK hynix, as authorities seek to stem capital outflows and ease pressure on the won.

2026-01-21

Gov't to provide temporary tax benefits to investors investing back home

The government will introduce a temporary tax incentive for retail investors who sell overseas stocks this year and reinvest the proceeds in domestic assets, the Ministry of Economy and Finance said Tuesday.

2026-01-20

Limited supply of pistachios, kataifi likely to increase Dubai chewy cookie prices

The craze for Dubai chewy cookies is still going strong. Despite their small size, each cookie sells for between 5,000 and 10,000 won ($3 and $7), and prices may climb even higher due to rising costs of key ingredients and limited supply.

2026-01-13

Retail sales rise 4.2% in November on improved consumer sentiment

Retail sales in Korea rose 4.2 percent in November from a year earlier, thanks to a rebound in domestic consumption, government data showed on Tuesday.

2025-12-23

Shinsegae Group chairman discusses U.S. real estate project with 1789 Capital

Shinsegae Group Chairman Chung Yong-jin discussed possible participation in a U.S. real estate development project led by 1789 Capital during a recent visit to the United States.

2025-12-21

Number of personal info leaks may reach all-time high, already at 311 cases as of September

The number of personal information leaks reported in Korea in the first three quarters of this year has already surpassed the total reported for all of last year, raising concerns that this year could see an all-time high of such incidents.

2025-12-09