"Hotel King" had a happy ending.
Image of CJ's parcel hub terminal
CJ Group, a conglomerate engaged in diverse industries from food production to entertainment, is starting to totter more than a year after Chairman Lee Jay-hyun, 54, was arrested and sentenced to four years in prison for embezzlement, tax evasion and breach of trust. The conglomerate is at risk of calling off several large-scale projects that it has been focusing on for more than five years.
The JoongAng Ilbo learned on Thursday that in the past month or so, CJ Group has either dropped or scaled back three projects. The three projects are worth a total of 900 billion won ($876.6 million), including a 300 billion won logistics terminal in Gwangju, Gyeonggi, that was scheduled to begin this year...More
President Park Geun-hye met Tokyo Governor Yoichi Masuzoe at the Blue House on Friday and said, Military (Japanese wartime military) comfort women issue is not merely bilateral one between Japan and Korea, but an issue with general human rights of women. The issue is expected to be resolved by sincere efforts (of Japan). Park made clear that the first step to improve bilateral relations is the Japanese governments responsible act on the comfort women...More
The local entertainment agency Mystic 89 will hold a music festival for the first time in Korea.
The agency's chief producer Yoon Jong-shin said yesterday online that he wanted to meet fans on Jarasum Island for two days from Sept. 20 through the Melody Forest Camp festival. He also released a poster for the event that featured two people sitting on the grass. No further details have been released...More
The first step is to be a member, please click here : Sign up, then a subscribe button will show up.