February 26, 2024

S. Korea to offer tax incentives to boost value of listed firms

The financial regulator said Monday that it will work to incentivize efforts by local businesses to enhance their own value that will in turn lead to increased returns to investors.

The move comes as part of efforts to end the “Korea Discount,” wher…

Hybe remains in red in Q4

Hybe Co. on Monday reported its fourth-quarter net loss of 53.6 billion won (US$40.3 million), remaining in the red compared with a year ago.

Operating profit for the October-December period was 89.3 billion won, up 75.4 percent from a year ago, the…