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General News

Lee says 2026 to mark start of \'irreplaceable Korea\' dream, new K initiative era

President Lee Jae-myung (이재명) said 2026 will be the year a bold dream begins for an \"irreplaceable Korea\" that no country can replace. Marking his first year in office, he said South Korea will open a new era of the \"K initiative\" by building on national experience, capabilities and public energy to overcome crises. He outlined four policy goals covering industry-led growth, diplomacy and security, enforcement of rules, and protecting lives through a stronger social safety net.

Industry

Shinsegae chairman Chung Yong-jin apologises to public over Starbucks controversy

Chung Yong-jin (정용진), chairman of Shinsegae Group, issued a public apology over a Starbucks Korea marketing controversy. He apologised to families of the May 18 Democratic Uprising, the family of activist Park Jong-chul, citizens of Gwangju and the public. Shinsegae had already dismissed Starbucks Korea CEO Son Jeong-hyeon and an executive. Chung said he would accept full responsibility, order an investigation and disclose results, overhaul marketing reviews across affiliates and conduct history and ethics training for staff.

General News

Shinsegae Chairman Chung Yong-jin issues public apology over Starbucks marketing controversy

Shinsegae Group Chairman Chung Yong-jin (정용진) issued a public apology over a controversy involving Starbucks Korea marketing linked to May 18. He apologised to the victims of the May 18 Democratic Uprising, their families and the public, and said he bears full responsibility. Chung pledged a thorough investigation into how the promotion was approved and promised to disclose results transparently. He also said the group will tighten reviews of marketing content and provide history and ethics training to employees.