The government ordered to pay $217 million in investor-state suit
An international settlement center instructed South Korea to pay $216.5 million to U.S. buyout fund Lone Star in a legal battle fought hard for the past decade, according to government...
Korean outfit tries to open team for traditional wrestling
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Aug. 31 that the entity would strengthen its efforts for sports marketing down the road.
The country’s top apex organization came up...
Uganda strives to follow suit of South Korea
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Aug. 30 that the outfit had decided to set up a central organization in Uganda.
Toward that end, the KFCC held a meeting...
Seoul-based insurer will come up with new scheme next month
ABL Life Insurance announced on Aug. 24 that the outfit had come up with a new insurance product for dementia patients and their family members this month.
The Seoul-based insurer said...
Korean online retailer strives to turn a profit
South Korea’s e-commerce giant Coupang announced on Aug. 11 that it had achieved a positive EBITA margin during the second quarter of this year for the first time since 2014.
The company, which...
Korean entity offers mobile banking services in African country
The Korean Federation of Community Credit Cooperatives (KFCC) said on Aug. 5 that it had held a launching event of the digital financial system in Uganda.
The top apex organization for Korea’s...
Korean outfit will share best practices of regional development
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Aug. 2 that the entity had started offering online education to Cambodian bureaucrats through early next week.
A total of 20 Cambodian...
Uganda names its cooperative banking system after KFCC
The Korean Federation of Community Credit Cooperatives (KFCC) announced on July 22 that it had gained the status of a perpetual legal entity in Uganda’s cities like Tiribogo and Kololo.
This means that...
Korean credit card issuer acquires Indonesian firm
Woori Card, a South Korean credit card issuer, announced on June 26 that the Indonesian financial authority had approved its acquisition of PT Batavia Prosperindo Finance Tbk (BPFI).
Woori Card struck a stock purchase...
Seoul-based outfit introduces affordable dental insurance
TongYang Life Insurance announced on June 22 that its new dental insurance plan had won the hearts and minds of people since its launch in March.
The Seoul-based insurer said that many local customers had...
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KFCC offers helping hands to youth
Korean outfit’s CSR campaigns target youth
The Korean Federation of Community Credit Cooperatives (KFCC) said on Nov. 25 that its corporate social responsibility programs had...
