General

Gov’t mulls additional financial support over Qoo10 incident

Finance Minister Choi Sang-mok vowed Thursday to seek measures to extend additional financial support for vendors and customers hit by payment delays on e-commerce platforms of TMON and WeMakePrice, if needed.

Choi made the remarks during a macroecon…

BGF Retail Q2 net income down 1.7 pct to 58.5 bln won

BGF Retail Co. on Thursday reported its second-quarter net profit of 58.5 billion won (US$42.9 million), down 1.7 percent from a year earlier.

The company said in a regulatory filing that it posted 76.2 billion won in operating profit for the quarter…