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  • PharmaResearch Expands Rejuran Clinical Training in Australia, Accelerating K-Aesthetic Global Strategy
    PharmaResearch Expands 'Rejuran' Clinical Training in Australia, Accelerating K-Aesthetic Global Strategy PharmaResearch is intensifying its efforts to penetrate the Australian market by providing focused clinical training on its flagship product, 'Rejuran,' to local medical professionals. The company announced on August 13 that it participated in the 'Aesthetics 2026' international symposium held in Sydney, Australia, where it conducted academic lectures and a 'Rejuran Clinical Masterclass' program centered on Rejuran. Aesthetics 2026 is an event where dermatologists, plastic surgeons, and aesthetic experts from Australia share the latest advancements in aesthetic medicine and clinical experiences. The symposium is hosted by Dr. Steven Liu, a specialist in aesthetic plastic surgery. Key speakers at the academic lectures included Dr. Noh Nak-kyung, director of Cheongdam Leaders Dermatology, and Dr. Choi Ho-sung, director of Choi's Dermatology Clinic. They presented treatment plans and procedures based on real clinical cases, focusing on skin barrier improvement, pigmentation, and under-eye skin enhancement. During the Clinical Masterclass, PharmaResearch highlighted the manufacturing technology and clinical evidence of Rejuran, which is based on its proprietary DNA Optimizing Technology (DOT). The program covered patient selection and consultation, individualized treatment plans, and specific procedural methods that Australian medical professionals can apply in their practices. In a separate 'K-Session,' the latest clinical trends in K-Aesthetics and the procedural experiences of domestic medical professionals were shared. The focus was on conveying treatment design and procedural approaches tailored to individual patients, beyond just product introductions. Discussions with Dr. Steven Liu also included potential collaborations for developing academic content suitable for Australian patients and clinical environments, as well as training for medical professionals. Rejuran made its entry into the Australian market after becoming the first PN formulation to receive product approval from the Therapeutic Goods Administration (TGA) in 2023. Rejuran is a medical device that utilizes polynucleotides (PN) extracted from salmon as its main ingredient, aimed at improving the regenerative environment of skin tissue. A representative from PharmaResearch stated, "We have confirmed that Rejuran is expanding its influence in the global aesthetic medicine market, including Australia, based on academic achievements and clinical evidence beyond Asia." Meanwhile, K-Aesthetics is accelerating its global market penetration and continuing its revenue growth. PharmaResearch reported a consolidated revenue of 324.8 billion won and an operating profit of 123.8 billion won for the first half of the year, marking its highest performance for that period. Exports reached 142.8 billion won, a 47% increase compared to the same period last year. The expansion of Rejuran exports, particularly in Europe, along with a 92% increase in cosmetic exports, has been analyzed as a driving force behind the company's global business growth.* This article has been translated by AI. 2026-08-13 11:52:00
  • KOSPI surges 4.1% , outperforms in Asia amid chip-led rally
    KOSPI surges 4.1% , outperforms in Asia amid chip-led rally SEOUL, August 13 (AJP) - South Korean stocks surged Thursday morning, with the benchmark KOSPI jumping more than 4 percent above the 6,800 mark as foreign investors piled into semiconductor heavyweights, extending a rapid rebound from last month's market rout. The KOSPI stood at 6,847.66 as of 10:30 a.m., up 4.1 percent from the previous session. The index climbed as high as 6,895.63 after touching a low of 6,773.92, leaving an intraday trading range of 121.71 points. Foreign investors were firmly on the buying side, purchasing a net 1.37 trillion won ($969 million) of KOSPI shares, while institutions added a net 345.2 billion won. Individuals moved sharply in the opposite direction, unloading a net 1.69 trillion won, or about $1.19 billion. That divergence underscored the character of Thursday's rally: overseas and institutional money was returning aggressively to the large-cap technology names that drove the market's earlier boom, while retail investors continued to use the rebound to reduce exposure after weeks of extreme volatility. The latest level puts the KOSPI roughly 30 percent above its July 29 intraday low of 5,262.77, comfortably clearing the 20-percent gain from a recent low commonly used to define a technical bull market. The rebound follows a brutal July selloff that marked the KOSPI's largest monthly decline since the 2008 global financial crisis. Semiconductors subdued throughout this month returned to the spotlight. SK hynix jumped 7.3 percent to 1,613,000 won, while Samsung Electronics gained 5.1 percent to 268,750 won. Samsung Electro-Mechanics surged 13 percent to 1,508,000 won, extending the rally beyond memory producers into the broader electronics supply chain. The move followed a strong session for U.S. artificial-intelligence infrastructure stocks overnight. AI cloud provider CoreWeave and server maker Super Micro Computer each climbed about 19 percent, while memory chipmaker Micron Technology gained about 5 percent, reinforcing expectations that spending on AI computing infrastructure remains intact. The Nasdaq Composite rose 0.5 percent. Other KOSPI stocks joined the advance. Samwha Capacitor soared 21.7 percent to 107,100 won, while semiconductor equipment maker Mirae Industry climbed 16.7 percent to 9,990 won. Naver rose 5.1 percent to 226,500 won, Kolmar Korea gained 3.2 percent to 136,700 won, and Kumho Engineering & Construction advanced 2.4 percent to 15,290 won. Daewon Cable bucked the broader rally, falling 3.1 percent to 15,530 won. Electronic equipment and device stocks were the strongest industry group, rising 10.2 percent, while the semiconductor and semiconductor equipment category advanced 5.9 percent, showing that buying was spreading from the two dominant memory names into smaller suppliers and component makers. The rally comes as concerns over the durability of global AI investment have begun to ease. Those concerns were a major force behind the sharp decline in Korean technology shares in July, when leveraged positions were rapidly unwound and Samsung Electronics and SK hynix accounted for much of the KOSPI's lost market capitalization. Retail participation, however, has yet to show the same recovery. Investor deposits at domestic securities firms stood at 97.93 trillion won as of Aug. 11, slipping below 100 trillion won after investors withdrew cash during the market downturn. The broader migration toward overseas assets had already accelerated in July, when Korean retail investors bought a net $4.6 billion of U.S. equities, according to Korea Securities Depository data. KOSDAQ rises 1.2%, but foreign investors remain sellers The smaller-cap KOSDAQ was up 1.2 percent at 867.99 at 10:30 a.m., lagging the KOSPI's semiconductor-heavy rally. The index reached an intraday high of 870.96 after falling as low as 853.09, a range of 17.87 points. Unlike on the main board, retail investors supplied the buying power. Individuals purchased a net 165.7 billion won ($117 million) of KOSDAQ shares, while foreign investors sold a net 88.3 billion won and institutions shed 71.1 billion won. The contrast with the KOSPI was notable: foreign money was concentrating in Korea's largest semiconductor and technology companies rather than moving uniformly into riskier smaller-cap shares. Still, pockets of the KOSDAQ posted steep gains. Jeju Semiconductor rose 4 percent to 90,500 won, while semiconductor back-end processing company Winpac surged 23.9 percent to 2,300 won and semiconductor test-interface maker TFE jumped 14.6 percent to 39,600 won. Electronic component names were also among the strongest performers. EV Advanced Material climbed 21.5 percent to 875 won, while LK Samyang surged 19.9 percent to 1,298 won. Venture-capital shares emerged as another major theme, with the sector gaining 7.9 percent. Aju IB Investment hit a 29.9 percent gain at 4,585 won, SV Investment jumped 16.3 percent to 2,495 won, and Mirae Asset Venture Investment advanced 13.2 percent to 18,355 won. The strength in venture-capital, semiconductor equipment and electronic component shares indicated that the morning rally was beginning to broaden beyond the headline memory-chip names, although the weaker foreign flow on the KOSDAQ showed that the expansion remained uneven. Won strengthens as oil retreats The Korean won strengthened 0.3 percent to 1,415.1 won per dollar, adding to the risk-on tone in Seoul. Oil prices, meanwhile, pulled back after six consecutive sessions of gains. West Texas Intermediate crude fell 1.4 percent to $82.10 a barrel, while Brent crude declined 1.3 percent to $87.81. Oil was pressured by a massive increase in U.S. inventories. Commercial crude stocks rose by 17.4 million barrels in the week ended Aug. 7, the largest weekly increase since January 2023, according to the U.S. Energy Information Administration. Middle East risks nevertheless remained elevated. U.S.-Iran negotiations remained stalled, while U.S. President Donald Trump said Washington had "total control" of the Strait of Hormuz. The International Energy Agency has also warned that disruptions linked to the conflict continue to constrain global supply. Korea leads broader Asian advance The rally extended across much of Asia, though Korea clearly outperformed. Japan's Nikkei 225 rose 1.6 percent to 68,613.56, while China's Shanghai Composite gained 0.5 percent to 3,965.44. Hong Kong moved in the opposite direction, with the Hang Seng Index down 0.1 percent at 25,407.8. Regional equities were supported by overnight U.S. inflation data that eased fears of another Federal Reserve rate increase in September, alongside renewed strength in AI-related technology shares. Reuters reported that the broader MSCI Asia-Pacific index excluding Japan was also higher Thursday morning. AJP Takeaway: ·South Korea's KOSPI surged 4.1 percent to 6,847.66 at 10:30 a.m. on Aug. 13, led by 1.37 trillion won of net foreign buying and sharp gains in semiconductor shares. ·SK hynix rose 7.3 percent and Samsung Electronics gained 5.1 percent, helping lift the KOSPI roughly 22 percent from its July 30 close and into technical bull-market territory. ·Retail investors sold a net 1.69 trillion won of KOSPI shares, showing that the rebound remains foreign- and institution-led despite the index's rapid recovery. 2026-08-13 11:44:27
  • Uiwang Fire Department Urges Residents to Check Fire Safety Equipment
    Uiwang Fire Department Urges Residents to Check Fire Safety Equipment The Uiwang Fire Department is urging residents to actively participate in self-inspections of fire safety equipment in their homes, following a series of fatalities from recent apartment fires. According to the fire department, it is crucial for residents to regularly check and maintain the functionality of fire safety equipment in their units, as apartments are particularly vulnerable to serious injuries during fires. With the rise of dual-income households, extended absences, and privacy concerns, it is practically challenging for inspection personnel to visit every unit. Therefore, the cooperation and proactive safety checks by residents are essential. Residents should routinely check the status of automatic fire suppression systems installed above kitchen cabinets, fire extinguisher discharge outlets, smoke detectors on ceilings in living rooms and bedrooms, and safety ropes on balconies. They should also be cautious not to obstruct smoke detectors or tamper with sprinkler heads. Changes made during interior renovations can prevent fire safety equipment from functioning properly during an emergency, complicating initial responses and evacuations. Residents agree on the importance of knowing the location and condition of fire safety equipment installed in their homes to prevent apartment fires. Given that these spaces are shared with family, it is vital for all family members to be aware of the available fire safety equipment and evacuation methods in case of a fire. Lee Jeong-yong, the fire chief, stated, "Checking fire safety equipment in each apartment is the most fundamental safety practice to protect not only my family but also the lives and property of neighbors. I hope citizens will regularly check their fire safety equipment and actively participate in self-inspections to help create a safe living environment." The fire department plans to continue promoting self-inspection participation and safety management to ensure that apartment residents remain vigilant about the condition of their fire safety equipment. 2026-08-13 11:44:00
  • Koreas fiscal deficit hits 3-year midyear low
    Korea's fiscal deficit hits 3-year midyear low SEOUL, August 13 (AJP) - South Korea’s managed fiscal deficit narrowed to 84.4 trillion won ($59.6 billion) in the first half, its smallest midyear shortfall in three years, as the semiconductor upcycle and buoyant asset markets helped revive tax receipts and lift government revenue faster than spending. The Ministry of Planning and Budget said Thursday that total revenue rose 19.1 percent from a year earlier to 381.9 trillion won in the January-June period, while expenditure increased 9.4 percent to 425.8 trillion won. The improvement, however, did not reverse Korea’s broader debt buildup. Central government debt remained 70.3 trillion won higher than at the end of 2025 despite declining in June. Revenue and expenditure reached 54.5 percent and 56.5 percent, respectively, of the government’s revised annual plans. Revenue increased 61.3 trillion won from a year earlier, outpacing the 36.6 trillion-won rise in spending by 24.7 trillion won. That narrowed the consolidated fiscal deficit by the same amount to 43.9 trillion won from 68.6 trillion won a year earlier. The managed fiscal balance — which strips out surpluses generated by social security funds such as the National Pension — improved by 9.9 trillion won to a deficit of 84.4 trillion won. The smaller improvement in the managed balance reflected a sharp increase in social security fund surpluses. Those funds posted a combined surplus of 40.5 trillion won, up 14.8 trillion won from a year earlier, widening the difference between the consolidated and managed measures. The first-half consolidated deficit was the smallest since 2019, while the managed deficit was the smallest since 2023. The tax rebound provided the biggest boost to government coffers. National tax revenue climbed 17.4 percent from a year earlier to 223.0 trillion won, adding 33.0 trillion won to revenue in the first half. Tax collections reached 53.7 percent of the government’s revised full-year target. Income tax receipts rose by 10.4 trillion won as higher performance bonuses and payroll income boosted wage taxes, while increased property transactions lifted capital-gains tax revenue. A booming stock market provided another major windfall. Securities transaction tax revenue jumped by 5.2 trillion won to 6.8 trillion won, helped by heavier stock-market turnover and the restoration of transaction tax rates. Value-added tax revenue increased by 4.9 trillion won on higher imports and lower refunds, while corporate tax receipts rose by 4.3 trillion won as company earnings improved. Non-tax revenue increased by 9.0 trillion won to 28.4 trillion won, while income collected through government funds rose by 19.3 trillion won to 130.6 trillion won. Spending also accelerated, though more slowly than revenue. Transfer payments accounted for 33.5 trillion won of the 36.6 trillion-won increase in total expenditure. The ministry attributed part of the rise to an additional 5.1 trillion won in local education grants and earlier payments of government support for the National Health Insurance program. Higher tax revenue automatically raises some education transfers under Korea’s statutory funding formula. The government also spent 4.7 trillion won on relief measures related to elevated oil prices. Spending on programs covered by the government’s accelerated-execution drive increased by 10.1 trillion won to 177.6 trillion won, although the execution rate slipped to 66.5 percent from 69.5 percent a year earlier. Despite the improving fiscal balance, debt remained well above year-end levels. Central government debt stood at 1,338.5 trillion won at the end of June, down 6.8 trillion won from May but up 70.3 trillion won from 1,268.1 trillion won at the end of last year. The ministry said debt typically declines around quarter-end when government bond redemptions exceed new issuance. The outstanding balance of Korean government bonds fell by 4.3 trillion won during June to 1,229.7 trillion won, while housing bonds and foreign-exchange stabilization bonds also declined. Government bond issuance totaled 17.0 trillion won in July, bringing cumulative issuance for the first seven months to 141.1 trillion won, or 63.1 percent of the annual ceiling excluding retail government bonds. The average funding cost rose to 4.07 percent in July from 4.02 percent in June, while foreign holdings of Korean government bonds declined by 500 billion won. AJP Takeaways South Korea’s managed fiscal deficit narrowed to 84.4 trillion won in the first half, its smallest midyear shortfall in three years, as revenue growth outpaced spending. National tax revenue jumped by 33.0 trillion won, helped by stronger income, corporate earnings and booming stock-market turnover. Central government debt eased in June but remained 70.3 trillion won above its end-2025 level, showing that stronger tax receipts have yet to reverse the broader debt buildup. 2026-08-13 11:41:44
  • Im Jin-taek: Reviving K-Cultures Roots with New Traditional Arts Troupe
    Im Jin-taek: Reviving K-Culture's Roots with New Traditional Arts Troupe “The elements that fuel K-Culture are actually declining. We need to revive the roots,” said Im Jin-taek, the director of the Korea Arts and Culture Education Agency, during an interview on August 12.Im made these remarks at the ‘Dream Festival Miryang,’ the first joint camp of the ‘Dream Troupe,’ held at the Hotel Arena in Miryang, South Gyeongsang Province.He consistently emphasized the importance of traditional arts education during the interview. “Many BTS fans overseas sing Arirang, but the real Arirang is disappearing. We must preserve Pungmul, the greatest collective performance art invented by humanity,” he stated.Starting next year, the agency will launch a pilot project for the ‘Dream Traditional Arts Troupe.’ This new group will be added to the existing ‘Dream Orchestra,’ ‘Dream Dance Troupe,’ and ‘Dream Troupe,’ focusing on learning and performing traditional Korean arts such as Samulnori and Pungmul.Im believes that in the age of artificial intelligence, it is increasingly important for children to engage in collaborative art forms. He advocates for expanding ‘community art’ through orchestras, dance, and theater, allowing children to develop social character.He also noted that cultural arts education plays a role in helping children develop the ability to engage with new technologies, including AI. “Art that embodies humanity, thought, and the physical body is important,” he said, emphasizing the need to preserve ideas through art that machines cannot replicate.Im’s emphasis on ‘collaborative art’ is rooted in his 50 years of artistic experience. He began his theater activities in college and became involved in the traditional arts revival movement in the mid-1970s, addressing concerns that culture and arts were becoming ‘individualized, aristocratic, and foreign.’ He was among the first to introduce the concept of ‘Madang-geuk,’ or courtyard theater.He believes that arts education aligns with the spirit of Madang-geuk. “Art should transcend the personal and self-indulgent to become social and communal,” he said, adding that the creators of art can be anyone, not just special individuals.Im’s message to the children gathered at the ‘Dream Festival Miryang’ was simply, “Have fun.” The theme of the festival is ‘Let’s Play.’ Directed by actor Oh Man-seok, the festival brings together members of the ‘Dream Troupe’ from across the country to engage in theater and play. Im expressed his hope that the children would enjoy themselves, noting that Oh Man-seok captured the essence of theater’s origins in play.He also envisions creating pathways for talented children to grow further. The agency is considering forming an advanced arts troupe from outstanding members of the ‘Dream Orchestra.’ Similar to Venezuela’s music education program ‘El Sistema,’ which produced renowned conductor Gustavo Dudamel, the goal is to develop the ‘Dream Arts Troupe’ as a pathway for aspiring professional artists.“We plan to establish an advanced orchestra starting next year,” Im said, adding that he is also considering the need for advanced dance and theater troupes in the future. 2026-08-13 11:36:00
  • Hanmi Pharmaceutical Enhances Quality Control at Paltan Smart Plant, Reducing Drug Shortages by 57%
    Hanmi Pharmaceutical Enhances Quality Control at Paltan Smart Plant, Reducing Drug Shortages by 57% Hanmi Pharmaceutical's Paltan smart plant, a production base for synthetic drugs, has improved supply stability and quality control metrics in the first half of this year, enhancing its manufacturing competitiveness.Hanmi Science, the core business unit of Hanmi Pharmaceutical, reported on August 13 that the number of its products experiencing shortages lasting more than five days decreased by approximately 57% compared to the same period last year. The number of shortages for contract-manufactured items also fell by about 48%.The company attributed this achievement to a more stable production and supply management system. It plans to further enhance drug supply stability by increasing the precision of its supply planning and production operations.Quality control metrics also showed improvement. The occurrence of Out of Specification (OOS) and Out of Trend (OOT) results fell by about 39% compared to the previous year, and production equipment downtime decreased by approximately 33%.The Paltan smart plant maintains a deviation rate lower than the industry average (12-14%) according to the International Society for Pharmaceutical Engineering (ISPE) quality metrics. Hanmi Pharmaceutical systematically manages quality indicators while continuously analyzing the causes of deviations and implementing preventive measures.The company is enhancing overall management levels in manufacturing through adjustments in production planning based on demand fluctuations, optimizing inventory operations, stabilizing equipment, and proactively addressing quality issues. With the establishment of a productivity improvement task force in June, Hanmi plans to strengthen the connection between headquarters and manufacturing sites and accelerate the enhancement of manufacturing competitiveness in the second half of the year.Hanmi Pharmaceutical CEO Hwang Sang-yeon stated, "The improvements in shortage and quality metrics in the first half of this year are the results of efforts made collectively by all employees to ensure stable drug supply. In the second half, we will strive to achieve significant results in overall productivity metrics, including Right First Time (RFT)."Meanwhile, Hanmi Pharmaceutical is continuously strengthening its environmental, health, and safety (EHS) management systems at its key facilities, including the Pyeongtaek and Paltan manufacturing centers.* This article has been translated by AI. 2026-08-13 11:36:00
  • Department Stores Launch Pre-Orders for Chuseok Gift Sets Starting August 14
    Department Stores Launch Pre-Orders for Chuseok Gift Sets Starting August 14 Lotte, Shinsegae, and Hyundai department stores will begin pre-orders for Chuseok gift sets on August 14. The three retailers will also offer pre-orders through their online platforms, enhancing online-exclusive benefits such as gift options and discount coupons. According to industry sources on August 13, Lotte Department Store will offer over 190 items, including meat, seafood, vegetables, and groceries, at discounts of up to 50% from August 14 to September 3. The quantity of popular items has been increased by up to two times. New offerings include the 'Royal Korean Beef Steak' featuring sirloin, tenderloin, and filet, as well as the 'Yeonggwang Steamed Barley Grunt and Sea Bream,' which reduces cooking hassle. Lotte's pre-order sales surged to 95% during last year's Chuseok and 120% during this year's Lunar New Year, marking record highs for two consecutive events. Hyundai Department Store will also offer approximately 300 gift sets at discounts of up to 25% during the same period across its nationwide stores. The volume of pre-order items has increased by about 20% compared to last year's Chuseok. This year, the range of holiday gifts has expanded beyond food to include beauty products, home appliances, and tableware. High-end lifestyle items such as Baccarat tumblers, Hestens functional pillows, and Bang & Olufsen wireless earphones will also be included in the gift sets.Shinsegae Department Store will sell over 370 items, including Korean beef, seafood, and agricultural products, from August 14 to September 6. The number of items has increased by 25% compared to the previous year, with discounts of 5-10% on Korean beef, 20-30% on dried fish, and up to 65% on health products. Notable offerings include 21 types of 'Shinsegae Cow Korean Beef' sourced through direct auctions to reduce distribution steps and the value-oriented 'Hamper Value' set. The online Shinsegae Department Store will also expand its brand offerings by 16% compared to last year's Chuseok. 2026-08-13 11:32:00
  • Court Acquits Noh Young-min and Kim Hyun-mi in Job Solicitation Case
    Court Acquits Noh Young-min and Kim Hyun-mi in Job Solicitation Case Noh Young-min, former chief of staff to the president, and Kim Hyun-mi, former Minister of Land, Infrastructure and Transport, were acquitted in a first-instance ruling on charges of exerting pressure on a private company to solicit employment for Lee Jung-geun, a former deputy secretary-general of the Democratic Party.On August 13, Judge Lim Hye-won of the Seoul Central District Court found both Noh and Kim not guilty of obstruction of business. Two other defendants, former presidential secretary Kwon and former Ministry of Land official Jeon, were also acquitted.Judge Lim stated, "The evidence presented by the prosecution is insufficient to conclude that Noh and Kim exerted influence to obstruct personnel operations."Following the ruling, Noh remarked, "The prosecution charged in a case without substance. It must be revealed whose pressure led to this prosecution."Kim also commented, "After five years, the first-instance ruling has come. I extend my sincere condolences to the public servants of the Ministry of Land who have faced many difficulties during this time."The defendants were indicted in January of last year for allegedly using their authority at the Ministry of Land to exert pressure to secure positions for political figures, including Lee, in private companies.Prosecutors suspect that Noh, Kim, and Kwon conspired to have Lee appointed as a senior advisor at Korea Complex Logistics in August 2020, thereby obstructing the company's personnel operations.Kim is also accused of colluding with Jeon to influence the hiring of another individual as a senior advisor at Korea Complex Logistics in July 2018. 2026-08-13 11:28:00
  • Ruling Coalition Urges Support for Homeplus Recovery, Calls for Accountability
    Ruling Coalition Urges Support for Homeplus Recovery, Calls for Accountability On August 13, members of the ruling coalition, including the Democratic Party, visited the recently reopened Homeplus store, urging support for its recovery and calling for accountability for those responsible.Han Byeong-do, the acting leader of the Democratic Party and floor leader, along with Shin Jang-sik, leader of the Justice Innovation Party, and Kim Jong-hoon, leader of the Progressive Party, held a press conference at the Homeplus store in Gangseo, Seoul. During the event, Han stated, "Today, 67 stores have finally resumed operations," adding, "Workers, their families, store owners, suppliers, and the management have all endured significant stress." He continued, "I ask many citizens to visit Homeplus and participate in this shopping campaign to share hope." He emphasized that the National Assembly, government, and local authorities would work together for the store's recovery.Shin also remarked, "Let’s support Homeplus workers and suppliers while holding accountable those responsible for the situation." Kim noted, "We are still in a critical state, barely avoiding disaster, and significant attention is needed to ensure proper recovery." Meanwhile, Homeplus must demonstrate its potential for recovery by restoring sales and profitability by the final deadline for its recovery plan approval on September 4.* This article has been translated by AI. 2026-08-13 11:28:00
  • Public Home Shopping CEO Participates in Youth Gambling Prevention Campaign
    Public Home Shopping CEO Participates in Youth Gambling Prevention Campaign Public Home Shopping announced that CEO Lee Il-yong participated in the "Youth Gambling Prevention Relay Campaign" organized by the Seoul Metropolitan Police Agency on August 13.The campaign aims to raise awareness about the dangers of illegal online and mobile gambling among youth and to promote a culture of crime prevention. It is a public interest initiative led by the Seoul police.Participants post certification photos conveying the message against illegal gambling and nominate the next participant in a relay format.Lee joined the campaign after being nominated by Jeong Chang-yun, CEO of Nonghyup Foods. He has named Kwon Jin-mi, CEO of Home & Shopping, as the next participant.Lee Il-yong stated, "I am honored to participate in a campaign aimed at protecting youth, and as a public home shopping entity, we will take the lead in measures to safeguard young people."* This article has been translated by AI. 2026-08-13 11:24:10