Chris Infotainment

Strategic Collaboration Between DL E&C and the Philippines DL E&C recently announced that its key executives, including CEO Park Sang-shin, met with Philippine President Ferdinand Marcos Jr. in Busan earlier this month. The meeting aimed to explore potential cooperation in energy and infrastructure projects. President Marcos was in South Korea to attend the Asia-Pacific Economic Cooperation (APEC) summit held in Gyeongju, North Gyeongsang Province. During the discussions, the focus was on collaboration between DL E&C and the Philippine government regarding ongoing energy and infrastructure projects. The Philippine government is actively seeking global partnerships to develop nuclear power plants, which are seen as a solution to the country's increasing electricity demand. Advancements in Nuclear Technology DL E&C has already taken significant steps towards this goal by signing a business agreement with Meralco, the largest power company in the Philippines. The ...

A Legacy of Flavor and Community A family-run restaurant in Massachusetts has closed its doors after nearly eight decades of serving the community, marking the end of an era. Hawthorne by the Sea, along with its adjoining Anthony's Pier 4 Cafe, officially shut down this week after operating for 78 years at the Boston harbor. The closure has left many locals heartbroken, as the restaurants were more than just places to eat—they were part of the town’s history. Hawthorne by the Sea was located in Swampscott, a coastal town 12 miles north of Boston. The restaurants served classic Northeastern dishes such as lobster, crab cakes, and scallops, which became staples for both locals and visitors. The owners, Anthony Jr., Michael, and Paul Athanas, expressed their gratitude to the community for supporting the businesses over the years. The brothers described their mixed emotions about closing the business, which they inherited from their father, Anthony Athanas. An Albanian immigrant and...

Hong Kong’s punk community has made a significant contribution to supporting the hungry in the war-torn Gaza Strip by raising HK$21,375. This effort was part of a “Rise for Liberation” fundraiser organized by punk music promoter Rice and the punk collective Blank Slate on October 31. The event, co-organized by the record label Mouhoi, aimed to provide aid to those affected by the ongoing conflict. The funds raised were directed towards We Feed Gaza, an independent grassroots Catholic movement dedicated to distributing food to starving people in the Palestinian territory. Since its inception, We Feed Gaza has fed over 18,000 families and raised almost half a million US dollars through GoFundMe. The campaign has also distributed over 290,000 litres of fresh water, more than 10,400 treats for children, and 5,700 meals, along with fresh groceries and essential supplies via their distributors. Rice expressed gratitude to its Instagram followers earlier this month, highlighting the impo...

Illegal Subcontracting and Unregistered Safety Services Exposed A group of individuals involved in illegal subcontracting and unregistered safety diagnosis services for major facilities across the country has been arrested by the police. This operation highlights a significant breach of regulations and poses serious risks to public safety. The Criminal Investigation Squad of the Metropolitan Investigation Unit under the Seoul Metropolitan Police Agency announced on the 19th that they have apprehended 40 representatives of companies, including those who led illegal subcontracting and six who performed safety diagnosis services without registration. These individuals are being charged with violations of the Facility Safety Act and other related offenses. Among the arrested, 34 were company representatives or related parties who oversaw the illegal subcontracting, while the remaining six were found to have conducted safety diagnosis services without proper registration. According to th...

Escalating Tensions Between China and Japan Over Taiwan Contingency Amid rising tensions between China and Japan over their respective positions on a potential contingency in Taiwan, there have been significant developments in the relationship between the two nations. Reports indicate that China has formally notified Japan of a suspension of seafood imports from Japan, marking another escalation in the ongoing diplomatic dispute. According to the information, the Chinese government conveyed this decision through official diplomatic channels early in the morning. This move comes as part of a broader pattern of pressure exerted by China against Japan, which includes advising against travel and study in Japan, as well as delaying the screening of Japanese films. These actions have drawn comparisons to past restrictions on Japanese cultural content. Japan’s Stance on a Potential Taiwan Crisis Japanese Prime Minister Sanae Takaichi has made it clear that Japan would view any crisis inv...

Rising Concerns Over Non-Registered Executives in Conglomerate Affiliates Recent data has revealed a growing trend of conglomerate owners and their families serving as non-registered executives in affiliated companies. This development has raised concerns about potential misuse of power and the risk of private interest appropriation through favorable transactions. On May 19, the Korea Fair Trade Commission (KFTC) released its '2025 Analysis of the Governance Structure of Publicly Disclosed Business Groups' report. The findings highlight an increasing number of cases where conglomerate owners and their families hold positions without being officially registered as executives. The survey focused on 2,994 affiliate companies under 86 groups, excluding five newly designated groups and the National Agricultural Cooperative Federation, which was established under a special law. The analysis covered 92 publicly disclosed business groups. The KFTC analyzed the involvement of conglo...

Rising Korean Investments in U.S. Stocks Korean investments in U.S. stocks have seen a significant rise, coinciding with an upward trend in stock prices. This has resulted in South Korea’s net external financial assets turning to growth for the first time in three quarters. According to the Bank of Korea’s “Third Quarter International Investment Position” released on the 19th, Koreans’ external financial assets stood at $2.7976 trillion in the third quarter (July–September), an increase of $115.8 billion from the previous quarter. This marks a record high for three consecutive quarters. The growth in external financial assets is primarily driven by increased overseas investments by Koreans. Net external financial assets, which are calculated as external financial assets minus external financial liabilities, rose by $25.8 billion. In contrast, net external financial assets had decreased by $18.1 billion and $53.6 billion in the first and second quarters, respectively. Growth in Over...

Legal Dispute Over Ossiomo Investment Limited and CCETC A federal high court in Abuja has issued a ruling that maintains the status quo between Ossiomo Investment Limited and JiangsuL Communication Clean Energy Technology Co. Ltd (CCETC). This decision comes after CCETC filed a case in suit Number FHC/ABJ/2031/2025 against the Corporate Affairs Commission, Abuja, and Ossiomo Power on 15th October 2025 at the Federal High Court, Abuja. The court, presided over by Hon Justice PO LIFU, granted an injunction directing that the current situation remain unchanged until the matter is resolved. This ruling reinforces the fact that Ossiomo Power remains the 100% shareholder of COPC, as documented in records from the Corporate Affairs Commission. The issues raised by CCETC in the Federal High Court are similar to those already being addressed in an arbitration process in the Singapore Court. This has led to concerns about forum shopping, where parties may seek favorable jurisdictions for thei...

South Korea Monitors Tritium Levels in Ocean Near Fukushima Plant The South Korean government has reported the detection of tritium, a radioactive element, in the sea near the Fukushima nuclear plant. This occurred during a period from the 30th of last month to the 17th of this month, when Tokyo Electric Power Company (TEPCO) released treated radioactive-contaminated water into the ocean. Despite the presence of tritium, the levels were not high enough to necessitate the suspension of the discharge. Kim Young-soo, First Vice Minister of the Office for Government Policy Coordination, provided details about the discharge in a written briefing. He mentioned that TEPCO concluded its 16th discharge of contaminated water on October 17 at around 12:03 p.m. The total volume of water discharged during this period was 7,838 cubic meters, with approximately 2.0 trillion becquerels of tritium contained within it. According to an analysis of samples collected by TEPCO from 10 locations within 3...