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Games & Commerce

Baemin B Mart\'s lowest-price challenge project lifts orders 62 percent after one year

Baemin B Mart\'s \"lowest-price challenge\" project increased both orders and transaction value by more than 50 percent after a year, the operator of Baedal Minjok said on Wednesday. Orders for items in the project rose about 62 percent and transaction value increased about 53 percent as of July, 10 months after a nationwide rollout in September. The always-on promotion covers fresh food, processed food and household goods.

People

Hana Financial\'s Happy Dream Bus visits Ulleungdo, provides financial consulting to 230 seniors

Hana Financial Group provided financial support to older residents on Ulleungdo through its \"Hana Happy Dream Bus\" programme, offering asset management consulting and education to prevent financial fraud. The group said on Aug. 18 the bus visited the island and ran financial and non-financial programmes for about 230 seniors. It delivered lectures and one-on-one counselling on retirement asset management, inheritance and gifts, and also visited senior centres in Namyang-ri and Sadong 3-ri.

Industry

EU battery label, QR mandate nears as Korean battery makers face supplier verification test

EU Battery Regulation requirements are entering an implementation phase as the shipment gap between South Korea’s top three battery makers and CATL widens in Europe. From Aug. 18, exporters to the EU must provide a general information label and QR code with details such as manufacturer data, plant location, weight, capacity and hazardous substances. Requirements will expand to carbon footprint grades, supply-chain due diligence, recycled content documents and battery passports, increasing compliance burdens on materials and parts suppliers.