CGV announced on the 27th that it will exclusively screen the short film ‘Night Fishing’ starring actor Son Seok-gu next month.’Night Fishing’ is a thriller depicting a mysterious incident that occurs at an electric vehicle […]
16th Seoul Bike Festival 2024 attracts over 7,000 cyclists
Over 7.000 cyclists, including Seoul Mayor Oh Se-hoon, participated in Korea’s largest bicycle riding festival on the morning of May 19. Cyclists and bike lovers from all over the country flocked to Seoul’s main public […]
US author urges against summarizing Korea
There’s no denying it: Colin Marshall’s new book is a big hit. The Korean press has praised it. Sales are strong. Interview requests keep coming. The book is in Korean, a project by a publisher […]
Banks’ inheritance trust biz thrives on rapid aging
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 […]