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Engagement in global initiatives remains a top priority for ShinWon. Last November, ShinWon officially became a signatory to the UN Global Compact, pledging its commitment to corporate sustainability and social responsibility alongside more than 17,000 participants in over 160 countries. ShinWon C...
The state-run Korea Development Bank (KDB), the main creditor of Taeyoung Engineering & Construction, will likely conduct massive capital reduction and capital expansion in a way to support the troubled builder's debt restructuring, industry sources said Tuesday. According to the sources, KDB has ...
Ukrainian Ambassador to South Korea Dmytro Ponomarenko paid a visit to HD Hyundai Construction Equipment (HCE) to explore opportunities for collaboration in rebuilding Ukraine after the war, the Korean company said Tuesday. During his visit to HCE's global education center in Eumseong County, 84 k...
Greyd, a social commerce platform developed by Seoul-based software developer Arbaim, aims to secure a bigger footing in overseas markets as it offers an effective marketing tool for Korean sellers that is also entertaining to attract global customers. Short-form videos, typically defined as any v...
The fast-food chain Burger King unveiled the New Whopper, a revamped version of its signature item on Monday, one week after announcing the discontinuation of sales of the original Whopper. According to an announcement on the fast-food chain's Korean website Monday, the reinvention was focused on ...
BMW Group Korea said on Monday that in 2023, BMW Group’s global spending on parts sourced from Korean suppliers totaled approximately 6.53 trillion won ($4.72 billion), surpassing its own sales figures within the country for that year. The global group’s procurement from Korean suppliers increas...
Hyundai Mobis, an auto parts manufacturer under Hyundai Motor Group, said Monday that it will begin conducting test rides of level 4 autonomous driving in Incheon this month to accelerate the commercialization of self-driving vehicles. The Society of Automotive Engineers categorizes autonomous dri...
By Kan Hyeong-woo ( hwkan@heraldcorp.com ) The Korea Herald
South Korea's top container shipper HMM said Monday it will push to expand its fleet sharply over the next seven years in a bid to boost its competitive edge and secure a stable business base. Under the mid- and long-term strategy, HMM will raise its container shipping capacity to 920,000 twenty-f...
GN Food, the operator of South Korea's leading roasted-chicken franchise Goobne Chicken, said Monday it has opened its fourth outlet in the United States. With the opening of the store located in Los Angeles' Korea Town, Goobne has four US outlets that include two in LA and one in Texas, GN Food s...
Earnings of Korean steel companies in the first quarter are expected to fall due to increased prices of raw materials and the sluggish construction market, according to reports from local securities companies, Sunday. Analysts had a bleak outlook for Posco, the country's steel giant, expecting tha...
The stock price of New York-listed e-commerce giant Coupang surpassed $20 a share on Friday for the first time in 18 months, following the company's announcement it would raise membership fees by nearly 60 percent. Coupang's stock price closed trading at $21.25 on Friday, marking an 11.49 percent ...
South Korea's leading ramyeon manufacturer Nongshim plans to prioritize the promotion of Chapagetti, its black bean-flavored ramyeon product, to diversify its overseas marketing appeal. Following Shin Ramyun, its top-selling instant noodle product, the company will now focus on promoting its 40-ye...
CJ CheilJedang said Sunday that it has started local production of kimchi, under the brand Bibigo, in Australia, while reformulating its existing kimchi products exported from Korea to the country. The company is responding to growing demand for freshly pickled kimchi in Australia by using local i...
Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation
Samsung mobile chief, Google device head meet in Seoul
Posco Future M, Honda to launch battery materials venture in Canada
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
Experts raise concerns about Japan putting pressure on Naver over Line
SK hynix profits soar on AI chip boom