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KT&G to expand production facilities in Indonesia

KT&G Corp., South Korea’s dominant tobacco company, said Monday it plans to expand its production facilities in Indonesia, with an aim to start operations in 2026.

KT&G currently has a tobacco manufacturing plant in Surabaya

Alchera to raise 56.1 bln won via stock offering

Alchera Inc.on Monday announced that it will sell stock to raise 56.1 billion won(US$42.2 million). The proceeds from the stock sale will be used mainly to finance its operations.

According to a regulatory filing, the

S. Korean stock markets to close from Sept. 28 to Oct. 3

South Korean stock markets will be closed throughout the upcoming six-day fall holiday, the bourse operator said Monday.

The stock markets, including the main Korea Composite Stock Price Index and KOSDAQ, as well as the