SEOUL, Dec. 27 (Korea Bizwire) — Daesung of K-pop boy group BIGBANG recently terminated his contract with YG Entertainment, the agency said Tuesday, with G-Dragon expected to be the band’s only member to remain with the company. “We’re discussing signing a contract with G-Dragon as a soloist, while Daesung is seeking a new start after [...]
SEOUL, Dec. 14 (Korea Bizwire) — The South Korean operators of major performing arts theaters have decided to correct the terms and conditions of contracts that have been criticized as ‘venue rental gapjil.’ The word ‘gapjil’ is used to describe a situation in which a higher-ranked person abuses people who are of lower standing. The [...]
SEOUL, May 25 (Korea Bizwire) — The government is on track to make it easier for commercial tenants who shut down their business due to the COVID-19 pandemic to cancel their rent contracts. The Ministry of Justice issued an advance legislation notice concerning a revision of the Commercial Building Tenant Protection Act. The revision stipulates [...]
LANDOVER, Md., July 27 (Korea Bizwire) — AirBoss Defense Group (ADG), which is focused on the design, development and manufacturing of American-made, proven, commercially available personal protective equipment (PPE) that protects front-line workers and defense personnel, announced today that it has been awarded more than $123 million in contracts to supply PPE to U.S. Government [...]