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Articles by Ko Yoo-chan
Gmarket Compensates Data Breach Victims, Reimburses E-Coupons
Gmarket Compensates Data Breach Victims, Reimburses E-Coupons Company offers 10,000 KRW for data leaks, full e-coupon reimbursement
Small Businesses Reject Mandatory Pension as Unbearable Burden
Small Businesses Reject Mandatory Pension as Unbearable Burden Micro Enterprise Federation Warns of Cash Crises, Demands Policy Reevaluation and System Choice
Eight Ambassadors Back Korean SME Export Expansion
Eight Ambassadors Back Korean SME Export Expansion Workshop highlights direct-to-consumer strategies and KOTRAs 2027 export support for SMEs Ambassado
Study Weakens Government's 100 Billion Won Fund Demand
Study Weakens Governments 100 Billion Won Fund Demand Study shows early delivery hits convenience stores more, weakening fund rationale The government
Digital Onnuri Gift Certificate Discounts Vary by Location
Digital Onnuri Gift Certificate Discounts Vary by Location Traditional markets: 10%, local districts: 8%, metropolitan: 5% as budget drops 75.1 billion won
FOMEK Submits 81 Legislative Tasks to Strengthen AI-Era Business Growth
FOMEK Submits 81 Legislative Tasks to Strengthen AI-Era Business Growth Federation of Middle Market Enterprises of Korea urges legal reforms to support mid-sized firms AI adoption and address growth challenges
Small Business Groups Demand Delivery Fee Overhaul as Platform Costs Hit 26.2% of Sales
Small Business Groups Demand Delivery Fee Overhaul as Platform Costs Hit 26.2% of Sales Self-employed associations call for immediate fee reductions and transparency ahead of Chuseok holiday amid rising financial strain
GM Defense Supplies Missile Components First Time Since WWII
GM Defense Supplies Missile Components First Time Since WWII Lockheed Martin Expands PAC-3 Production with Civilian Partners; South Korean Firms Explore Defense Roles
FOMEK Chief Urges Mid-Sized Firms on K-Brands
FOMEK Chief Urges Mid-Sized Firms on K-Brands Chairman Choi urges K-brand collaboration amid global challenges The Federation of Middle Market Enterpr
SMEs Nominee Faces Contract Legislation Allegations Over Climate Group Ties
SMEs Nominee Faces Contract Legislation Allegations Over Climate Group Ties People Power Party claims Lee So-young pushed legislation for overseas-funded Climate Solutions, impacting SMEs
Lee So-young Rejects Anti-Nuclear Label, Cites Climate Necessity
Lee So-young Rejects Anti-Nuclear Label, Cites Climate Necessity People Power Party Criticizes Nominees Expertise, Calls Her Unfit for SMEs Ministry L
Lee So-young's Late Gift Tax Payment Sparks Speculation Scrutiny
Lee So-youngs Late Gift Tax Payment Sparks Speculation Scrutiny People Power Party cites late tax, 500M won gain; nominee denies speculation, says no profit
Ministry's Soybean Cuts Risk 'Tofu Crisis' for Small Factories
Ministrys Soybean Cuts Risk Tofu Crisis for Small Factories Industry demands 30,000 tons emergency supply; ministry offers 9,000, threatening school meals and restaurants
Google Blurs South Korean Military Sites After 21-Year Gap
Exclusive: Google Blurs South Korean Military Sites After 21-Year Gap Following Government Agreement, Google Completes Blurring of Security Zones After Seven-Month Technical Review
Intellicia, The Ace Company Win K-Startup of the Year Awards
Intellicia, The Ace Company Win K-Startup of the Year Awards 32 startups advance to finals; winners receive up to 500 million won in prizes The winner
Lee So-young Accused of Tax Evasion in Interest-Free Loan
Lee So-young Accused of Tax Evasion in Interest-Free Loan Faces allegations of evading 1M won tax on 200M interest-free loan to mother Allegations hav
K-drones Dominate U.S. Festivals, Struggle Against Chinese at Home
K-drones Dominate U.S. Festivals, Struggle Against Chinese at Home South Korean drones thrive in U.S. due to security bans on Chinese models but face price competition domestically
Abalone Prices Drop, Now in Highway Rest Areas and School Meals
Abalone Prices Drop, Now in Highway Rest Areas and School Meals Production surge and price collapse transform premium gift into mass-market item On th
President Lee Retains Kim Yong-beom Amid Economic Policy Shifts
President Lee Retains Kim Yong-beom Amid Economic Policy Shifts New Deputy Prime Minister Lee Hyoung-il Appointed, Ensuring Economic Policy Continuity Amid Criticism
Climate expert Lee Soo-young appointed SME and startups minister
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Climate Expert Lee Soo-young Nominated as SME Minister
Climate Expert Lee Soo-young Nominated as SME Minister Government and industry express surprise; climate ministry officials relieved over avoided policy clashes
140 Korean SMEs Launch Largest Pavilion in Las Vegas
140 Korean SMEs Launch Largest Pavilion in Las Vegas 140 Korean firms at ASD Market Week aim to expand into North American markets The Korea Federatio
Ministry of SMEs and Startups Expands 'All People’s Startup' Project Nationwide
Ministry of SMEs and Startups Expands All Peoples Startup Project Nationwide Budget triples to 200 billion won, participants double in second phase Th
SME Leaders Urge Bold Regulatory Reforms as Top Support Measure
SME Leaders Urge Bold Regulatory Reforms as Top Support Measure Prime Minister Han pledges regulatory innovation committee to remove SME, startup barriers
20% of South Korean Automotive Parts Factories Halt
20% of South Korean Automotive Parts Factories Halt EV Transition, Chinese Unmanned Factories Drive Industry Collapse Amid Price Competition Company A
Small Businesses, Labor Unions Object to 2027 Minimum Wage Increase
Small Businesses, Labor Unions Object to 2027 Minimum Wage Increase The Korea Federation of Micro Enterprise KFME submitted an objection to the Minis
Domestic brands break Japanese monopoly
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Domestic Brands End Japanese Park Golf Monopoly
Domestic Brands End Japanese Park Golf Monopoly 53 local companies now hold 60% market share, driven by affordability and one-day repair services Befo
Tax-Funded 2,000 Barefoot Trails Nationwide Turn Muddy Budget Drain
Tax-Funded 2,000 Barefoot Trails Nationwide Turn Muddy Budget Drain Maintenance Costs Exceed Construction as Local Governments Shift to Costlier Earth-Tech Solutions
Campgrounds Unsold at Half Price as Camping Empire Crumbles
Campgrounds Unsold at Half Price as Camping Empire Crumbles Market shrinks 11.8% to 6 trillion won amid overseas travel surge and Chinese import pressure
Part-Time Wage Exceeds Small Business Profits as Minimum Wage Rises
Part-Time Wage Exceeds Small Business Profits as Minimum Wage Rises Monthly minimum wage of 2.2363 million won surpasses small business owners average profit of 2.088 million won, prompting staff cuts and unmanned kiosk adoption
Ministry Launches AI Crisis Alerts for SMEs
Ministry Launches AI Crisis Alerts for SMEs AI system monitors 320 data points, categorizes SMEs into four risk tiers, sends alerts via KakaoTalk, and offers tailored support
Drone Tech Drives Apartment Defect Litigation Boom
Drone Tech Drives Apartment Defect Litigation Boom Law firms partner with drone companies, evidence fuels 43% lawsuit surge since 2022 These days, if
Samsung Electronics Tops Tablet Sector with AI Ecosystem
Samsung Electronics Tops Tablet Sector with AI Ecosystem Galaxy Tab S11s AI features and thinnest design secure 79 points in 2026 NCSI; Apple follows with 77
Samsung Tops Smartwatch Satisfaction via AI Health Features
Samsung Tops Smartwatch Satisfaction via AI Health Features Apple counters with diversified lineup including health-focused models and outdoor-specific Ultra 3
Hyundai Home Shopping Tops NCSI With AI Innovations
Hyundai Home Shopping Tops NCSI With AI Innovations Fifth consecutive title, 60% direct orders via AI services like Consultation Assist In the Nationa
LG Electronics, Coway Share Top Water Purifier Honors
LG Electronics, Coway Share Top Water Purifier Honors LGs Puricare Ice boosts ice output; Coways Icon models improve convenience In the National Custo
LG Electronics Tops Wireless Vacuum Customer Satisfaction
LG Electronics Tops Wireless Vacuum Customer Satisfaction Premium Cleaning Service, subscription model secure eight-year lead In the 2026 National Cus
LG, Samsung Tie for Top in Dryer Satisfaction
LG, Samsung Tie for Top in Dryer Satisfaction LG expands 25kg capacity with 6 Motion tech; Samsung leads with Bespoke AI, energy-saving features This
Hyundai, Lotte Department Stores Tie for Top Customer Satisfaction
Hyundai, Lotte Department Stores Tie for Top Customer Satisfaction Hyundai emphasizes eco-friendly initiatives, Lotte expands experiential spaces, Shinsegae renovates and personalizes services
Naver Plus Store Tops E-Commerce Satisfaction Survey
Naver Plus Store Tops E-Commerce Satisfaction Survey Membership expansion and partnerships with Spotify, Uber, GS Caltex drive customer satisfaction lead
E-Mart Tops Supermarket Satisfaction for Fifth Year
E-Mart Tops Supermarket Satisfaction for Fifth Year E-Marts private brands and quick commerce; Lotte Marts discounts and KakaoTalk narrow gap In the 2
LG, Samsung Share Top Spot in Robot Vacuum Satisfaction
LG, Samsung Share Top Spot in Robot Vacuum Satisfaction Both companies secure consecutive wins in 2026 survey with LGs AI All-in-One and Samsungs steam sterilization innovations
LG Electronics Maintains Top Spot in Clothing Care Satisfaction
LG Electronics Maintains Top Spot in Clothing Care Satisfaction LGs steam ironing, AI Styler; Samsungs humidity-sensing dryer; Coways rentals boost satisfaction
Drone Companies Cash in on Apartment Defect Lawsuit Surge
Drone Companies Cash in on Apartment Defect Lawsuit Surge Apartment defect cases exceed 5,000 annually, driving drone industry revenue to 166.7 billion won through micro-crack detection and legal partnerships
Homeplus faces bankruptcy as court terminates rehabilitation
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Homeplus enters bankruptcy, 12,000 employees face job losses
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Homeplus Enters Bankruptcy, 12,000 Employees Face Job Losses
Homeplus Enters Bankruptcy, 12,000 Employees Face Job Losses Court Ends Rehabilitation as Homeplus Fails to Secure 200 Billion Won, Risking Jobs and Small Business Creditors
Seoul's Electric Kickboards Flee to Provinces Over Towing Costs
Seouls Electric Kickboards Flee to Provinces Over Towing Costs Mobility companies relocate fleets as strict Seoul regulations force costly towing fees
Seoul's Kickboards Vanish, Flood Provinces
Seouls Kickboards Vanish, Flood Provinces Strict towing rules and rising costs drive shared mobility firms to relocate to less-regulated provinces Sha
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