CJ CheilJedang Promotes K-Food at PGA's The CJ Cup CJ CheilJedang is set to promote K-Food and Korean culinary culture at the PGA Tour's The CJ Cup Byron Nelson, taking place from May 20 to 24 at TPC Craig Ranch in McKinney, Texas. The company announced on May 21 that it will operate a Bibigo brand experience space and food booths at the event. This year’s event features an expanded scale and enhanced interactive content. Attendees will find the "House of CJ" and two Bibigo concessions throughout the course. The "House of CJ" will be a l May 21, 2026

Japan Faces Supply Chain Concerns Amid Rising Naphta Procurement Issues Concerns over naphta procurement, triggered by escalating tensions in the Middle East, are spreading beyond Japan's industrial sectors into the political arena. While the Japanese government asserts that "overall supplies are sufficient" to mitigate these concerns, industries are preparing for potential disruptions and price increases in packaging materials, printing inks, paints, and housing equipment. On May 20, a parliamentary debate took place where Prime Minister Sanae Takaiichi clas May 21, 2026

Labor Minister Kim Young-hoon: Negotiations Require Compromise "Negotiations are harder than strikes. Both sides made concessions." On May 21, Labor Minister Kim Young-hoon appeared on the YouTube program "Choi Wook's Maebul Show" and stated, "I believed that making public moves could create resistance, so I continued to persuade and coordinate behind the scenes." Minister Kim personally mediated the final negotiations between Samsung Electronics and its labor union the previous day at the Gyeonggi Regional Employment and Labor Office. The two sides May 21, 2026

Pakistani Officials Continue Visits to Tehran as Prime Minister Sharif Heads to China Pakistani officials are making a series of visits to Tehran. Prime Minister Shehbaz Sharif is scheduled to visit China from May 23 to 26. As U.S.-Iran ceasefire negotiations remain stalled, Pakistan's diplomatic efforts are expanding towards Tehran and Beijing. According to the Pakistani daily Dawn on May 21, Interior Minister Mohsin Naqvi traveled to Tehran to deliver an 'important message' to Iranian leaders. This marks Naqvi's second visit to Tehran in less than a week. Dawn reported th May 21, 2026

Controversy Over Stamp Expiration After Compose Coffee App Overhaul The Broadcasting and Communications Commission has initiated disciplinary procedures against Compose Coffee after confirming that the company systematically expired user stamps during the operation of its app service and failed to properly notify users of contract terminations. On May 21, the commission announced that it had completed its investigation into violations of the Telecommunications Business Act by Compose Coffee, which operates the Compose Coffee app and kiosk services. The c May 21, 2026

Lotte Engineering Pays 50 Billion Won Deposit for Seongsu 4 District Redevelopment Lotte Engineering has made a proactive move by paying the full bid deposit of 50 billion won in cash for the redevelopment project of the Seongsu Strategic Maintenance District 4 in Seoul's Seongdong District, just one day before the deposit deadline. According to the construction industry on May 21, Lotte Engineering submitted the entire bid deposit to the Seongsu 4 District Redevelopment Association ahead of the deadline of 11 a.m. on May 22. The main bidding deadline for the project is set f May 21, 2026

Samsung Electronics' Performance Bonuses Could Lead to High Tax Burden Samsung Electronics and its labor union have agreed to partially pay performance bonuses in company stock, raising concerns about the tax implications of these high bonuses. With the semiconductor supercycle, bonuses could reach up to 600 million won, pushing recipients into the highest income tax bracket of 42%. According to the National Tax Service on May 21, stock received as performance bonuses is classified as earned income under current tax law and is taxed in the same manner as cas May 21, 2026

Rising Demand for Health Supplements During Family Month As Family Month and Couples' Day approach, the demand for health supplements aimed at caring for parents and spouses is on the rise. Recently, the consumption of health supplements has expanded beyond simple gifts to focus on health management across generations. According to KGC, during this year's Family Month promotion period from April 23 to May 16, sales of its menopause health brand 'Hwaerak' increased by 1.3 times compared to the previous year. Sales of the men's vitality brand 'RX May 21, 2026

Will Steel Plate Reinforcement Ensure Safety at GTX Samsung Station? Concerns are growing over the structural safety of the GTX-A Samsung Station after it was revealed that rebar was missing from the construction site. Hyundai Engineering & Construction has proposed a "steel plate reinforcement method" to address the issue, but experts are questioning whether this approach can ensure safety. While adding steel plates to the exterior of concrete columns is being considered a practical solution, it must undergo comprehensive verification due to the unique c May 21, 2026

Democratic Party Demands Resignation of Incheon Mayor Candidate Over Crypto Allegations The Democratic Party on May 21 publicly demanded the resignation of Yoo Jeong-bok, the People Power Party's candidate for Incheon mayor, following the release of recordings that suggest he may have concealed virtual assets. The party also indicated plans to file a complaint against him. During a press conference at the National Assembly, lawmakers representing Incheon, including Heo Jong-sik, Noh Jong-myeon, Park Sun-won, and Lee Hoon-ki, unveiled recordings involving an individual identi May 21, 2026