Commercial lenders are rushing to fortify their respective inheritance trust businesses, propelled by demand from grandparents seeking to augment financial investment returns from their assets before transferring them without legal disputes after death, according to industry sources […]
Construction firms tighten belts to overcome downturn
SK ecoplant recently nominated SK E&S Chief Financial Officer Kim Hyung-keun as the new CEO to improve its financial soundness and pursue an initial public offering (IPO). The decision came as a surprise because SK […]
Korean women’s volleyball
The Korean women’s volleyball team, led by head coach Fernando Morales, beat Thailand (13th in the world) 3-1 (25-19, 23-25, 25-15, 25-18) in the final game of the first week of the 2024 International Volleyball […]
No tax changes plan for casinos
Igor Tropimov, secretary-general of the Maritime Development Corporation (PDC), said the local government in Russia’s Far East coastal state is to keep the tax burden on local casino resorts unchanged. “What businesses need at this […]
Mayor punishes GEN Malaysia again over tax hike news
Shares of casino operator Genting Malaysia Bhd fell by the biggest margin in a single trading day on Monday after the Malaysian government said it would raise annual fees and tariffs on gross imports. In […]
GEN Malaysia domestic tax rate on VIPs lower than feared
The announcement of a 10 percentage point tax hike on VIP casino gross gaming revenue (GGR), which applies to Malaysia’s only casino-sanctioned venue, Resort World Genting (pictured), is starting on a lower-than-expected basis for most […]
Landing International Shares Hold On Missing Chairman’s Return
Shares of Hong Kong-listed casino investment firm Landing International Development jumped more than 40% on Tuesday after Chairman Yang Tzu-hui announced he had returned to work. Landing International, which currently operates a casino resort complex […]
NBA beats Indiana, Minnesota, New York Denver to advance to conference finals
Indiana won 130-109 in Game 7 of the “NBA 2023-2024 Season” playoff round 2 (best-of-seven series) against New York at Madison Square Garden in New York, New York on the 20th (Korea time). Indiana, which […]
FA Market in 2024 Only Moving Quasi-Levels
The free agent (FA) market, which made basketball fans excited, seems to end without a big fish that can change the game. According to KBL, nine out of a total of 46 people who have […]
Samsung, FA Choi Hyun-min and Choi St. Mary’s at the same time
Professional basketball Seoul Samsung has simultaneously recruited free agents Choi Hyun-min (34) and Choi St. Mary (30). “The club has signed FA Choi Hyun-min and Choi St. Mary’s,” Samsung said on Tuesday afternoon. According to […]