The Lego crisis has hit the corporate world hard.

Industry authorities said Tuesday that the difficulty large enterprises have in raising capital is directly related to the default in project financing for the development of the Legoland Korea entertainment park in Gangwon Province.

Affiliates of the SK, Lotte, and Hyosung groups raise...

S. KOREA REPORTS A DECLINE IN POPULATION FOR THE FIRST TIME IN 2020

Highlights –

• S. Korea reports a decline in population for the first time in 2020.
• The Ministry of Interior and Safety, South Korea reported the latest census figures.
• In 2020, South Korea reported 275,815 births, down 10.65 percent fr...

SOUTH KOREA COVID-19 CASES TO SWEEP PAST 400 AS WINTER AND ASYMPTOMATIC TRIGGERS CO-EXIST

• South Korea’s new daily COVID-19 case numbers feared to escalate to 400 in four weeks should the current infection rate continue, health authorities said Monday, due to increased close contact among people and the winter season forcing people to stay indoors.
• The rapid do...

CHUSEOK TO REMAIN LOW-KEY WITH VIRUS SPREAD SINGLE MOST WORRY IN KOREA

• South Korea is on high alert to snip new coronavirus cases during upcoming major holiday, Chuseok when teeming people usually travel across the country to be together with their folks.
• This year, South Koreans are set to enjoy a clear five days off, including the three-day Chus...