Day: August 28, 2023

Tobesoft to raise 10 bln won via stock offering

Tobesoft Co.on Monday announced that it will sell stock to raise 10 billion won (US$7.6 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the company will issue some 10.94 millio…

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S. Korea, S&P begin annual consultation meetings

South Korea on Monday began annual consultation meetings with global rating appraiser Standard & Poor’s Global Ratings (S&P) to discuss the country’s credit valuation and economic circumstances, the finance ministry said.The delegation, led by Kim Eng…

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Yoon vows to support Coast Guard’s modernization

President Yoon Suk Yeol pledged Monday to support the Coast Guard’s modernization as he marked the 70th anniversary of its establishment during a ceremony in the western port city of Incheon.Yoon attended the ceremony at the Ara Seohae lock gate along…

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