Latest Hotel Shilla News & Updates

Seoul, April 5 (IANS) The owner family of Samsung Group is set to complete the payment of roughly 12 trillion won ($8 billion) in inheritance taxes on assets left by the late Chairman Lee Kun-hee later this month, industry sources said on Sunday.The payments, scheduled over five years since 2021, mark the end of one of the largest inheritance tax obligations in South Korean history and are expected to ease financial pressures on the family, potentially accelerating Chairman Lee Jae-yong’s push f…

Seoul, Feb 25 (IANS) South Korean President Lee Jae Myung on Thursday called on the government to step up coordinated efforts to improve regional tourism infrastructure and services for foreign visitors to foster the sector as a strategic industry. Lee made the remarks at an expanded national tourism strategy meeting with relevant agencies, where officials discussed ways to boost the industry under a goal of attracting 30 million foreign visitors by 2030. About 18.9 million travellers visited So…