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Korean firms investing in US, Southeast Asia hit by global minimum tax

Korea’s implementation of the OECD s global minimum corporate tax initiative, the first of its kind in the world, has become an additional financial burden on companies that have invested in the U.S. and Southeast Asia when seeking tax benefits, according to industry officials, Wednesday.

LG Chem swings to Q4 profit on equity gains

LG Chem on Wednesday reported its 2023 net profit of 2.05 trillion won ($1.53 billion), down 6.5 percent from a year earlier. .

LG Chem swings to Q4 profit on equity gains

LG Chem on Wednesday reported its 2023 net profit of 2.05 trillion won ($1.53 billion), down 6.5 percent from a year earlier. .

LG H&H CEO steps down after 18 years due to poor performance

Cha Suk-yong, who led LG Group s cosmetics, health and household products maker LG Household & Health Care (H&H) for 18 years, stepped down from his CEO post, the LG Group affiliate said Thursday. LG H&H said Lee Jung-ae, senior vice president and head of its beverage business, will become its new CEO. Lee is the first female CEO among the LG Group s affiliates.

LG Chem Q3 net income up 19 2 pct despite battery recall costs – The Korea Times

LG Chem Q3 net income up 19 2 pct despite battery recall costs – The Korea Times
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