[News Space=Reporter seungwon lee] The industry with the highest sales per franchise in Korea is pharmacies that sell medicine, which was tallied at 1.3 billion won per year. In addition, convenience stores were found to have the largest number of franchise stores. On December 24, Statistics Korea announced the '2023 Franchise (Franchise) Survey Results (Tentative)' containing the above information. The number of franchisee employees last year was 1,012,452, a 7.4% increase from a year ago (942,705). The number of franchisee employees increased by 24% in five years from 816,420 in 2018. Total
[News Space=Reporter seungwon lee] South Korea has entered a 'super-aging society'. The proportion of the registered population aged 65 or older has exceeded 20%. According to the Ministry of the Interior and Safety on December 24, the number of registered residents aged 65 or older as of the previous day was 10,244,550, accounting for 20.0% of the total registered residents (51,221,286). The United Nations (UN) classifies a society as an aging society when the population aged 65 or older accounts for 7% or more of the total population, an aged society when it accounts for 14% or more, and a s
[News Space=Reporter seungwon lee] Il Dong Bioscience (CEO Oh-Hyeon Ban), a subsidiary of Il Dong Pharmaceutical Group, announced on the 24th that it has obtained 'NON-GMO' certification for its functional raw material probiotics. NON-GMO refers to products, goods, raw materials, and materials that do not contain genetically modified organisms (GMOs). Ildong Bioscience recently received NON-GMO certification for 20 of its probiotic strains from the NON-GMO PROJECT, the most credible verification organization in North America. According to the certification criteria of the NON-GMO PROJECT, ▲GMO
[News Space=Reporter seungwon lee] Famous Japanese rice bowl chains such as Yoshinoya and Matsuya are causing controversy by translating the Korean word 'kimchi' into the Chinese word 'paocai' (泡菜). You can see this mistranslation when you change the language on the kiosk menu where customers place orders to Chinese. Seo Kyung-deok, a professor at Sungshin Women's University, said, "I found out about it after many netizens reported it to me, and I immediately sent a protest email because the chain has stores all over the world, not just in Japan." In the protest email, Professor Seo said, "Kim
[News Space=Reporter seungwon lee] Korea's leading company POSCO was selected as the number one 'most competitive steel company in the world.' World Steel Dynamics (WSD), a global steel analysis organization, announced the results of the 2024 World-Class Steelmaker Rankings on December 22 (New York local time). Second place goes to Nucor from the United States. Third to fifth places are Nippon Steel, ArcelorMittal, and BaoWu Steel from China. ArcelorMittal is a multinational company created in 2006 through the merger of Indian steel company Mittal Steel and Luxembourg's Arcelor. The 6th to 10t
[News Space=Reporter seungwon lee] New Balance has joined the ranks of brands that have achieved '1 trillion won in sales' as a single domestic fashion brand, and is now competing for the top spot along with Nike, Adidas, The North Face, and Uniqlo, who are already in the 1 trillion won club. Nike, the top sports brand in Korea, is estimated to have sales of around 2 trillion won this year. E-Land World (CEO Dong-ju Cho) announced on the 24th that its global sports brand New Balance has surpassed 1 trillion won in domestic sales this year. In 2008, the first year that E-Land took over New Bala
[News Space=Reporter seungwon lee] Elon Musk's xAI has attracted an additional $6 billion (approximately KRW 8.7 trillion) in investment, once again proving its presence as a latecomer in the artificial intelligence (AI) market led by OpenAI. As the conflict between OpenAI CEO Sam Altman and Tesla CEO Elon Musk over leadership in the artificial intelligence (AI) ecosystem intensifies into lawsuits and a war of public opinion, attention is focused on whether xAI will be able to raise additional large-scale funds and change the landscape of the AI market. Musk participated in the establishment
[News Space=Reporter seungwon lee] The number of executives promoted at the top 30 conglomerates in Korea has decreased by nearly 10% compared to last year. The decrease in executive positions at the level of president or higher was greater than that of lower positions, and only one person was promoted to vice president at the top four conglomerates. It is analyzed that most groups are focusing on efficiency rather than expansion due to increasing domestic and international political uncertainty and the prolonged economic recession amid high interest rates and high prices. According to an anal
[News Space=Reporter seungwon lee] Kolon Spaceworks (CEO Sang-hyun Ahn), a cutting-edge composite materials company of Kolon Group, announced on the 24th that it signed a business agreement (MOU) to strengthen cooperation with private space launch vehicle company Innospace Co., Ltd. (CEO Soo-jong Kim). Kolon Spaceworks has continued its cooperation with Innospace, including supplying key components for Innospace's first domestic civilian test launch vehicle, 'Hanbit-TLV', in March 2023. This MOU was signed to continue this cooperation in more diverse fields. Kolon Spaceworks plans to use this
[News Space=Reporter seungwon lee] LIG Nex1 was disqualified from the Romanian government's short-range air defense system introduction bid due to a document error. It is currently in the process of filing an objection with the Romanian administrative agency. If the objection is accepted, it will be eligible to participate in the bid again. According to industry sources on the 24th, LIG Nex1 filed an objection to the CNSC, Romania’s public procurement administrative agency, regarding its failed bid on December 16. Earlier this month, LIG Nex1 was eliminated in the second round of bids for
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UPDATE: 2025년 06월 17일 18시 31분
