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At a GS Group dinner banquet held at Elysian Resort Jeju on Feb. 22, Chairman Huh Chang-soo gave a speech to newly appointed executives, sharing his know-how and advising them to set high goals and t...
SK hynix is taking steps to overcome the red tape for creating the world’s biggest semiconductor cluster in the Yongin area of Gyeonggi Province On Feb. 22, the Trade, Industry and Energy Ministry s...
KT&G, Korea’s dominant tobacco company, said on Feb. 21 its on-year net profit dropped 22 percent last year on decreased sales in overseas markets. Net profit for the whole of 2018 fell to 906.2 bil...
Hyundai Rotem said on Feb. 21 it has secured a 90.6 billion won (US$239 million) diesel-electric locomotive order in Bangladesh. Under the deal, Hyundai Rotem will build 20 diesel-electric locomotiv...
Assets owned by top 60 conglomerates amounted to 2,048.35 trillion won (US$1.81 trillion) as of end-September last year, with SK Group close to grabbing the No. 2 spot from Hyundai Motor, a local bus...
The global ranking of Incheon International Airport, the gateway to Seoul, measured in terms of international passenger traffic, jumped by two notches to fifth last year, its operator said on Feb. 19...
Air Busan topped other budget carriers in customer satisfaction for the third consecutive year, a local survey said on Feb. 19. The Korean carrier earned the highest scores among the country‘s six b...
Workers at Daewoo Shipbuilding & Marine Engineering voted on Feb. 19 to strike to oppose Hyundai Heavy Industries’ proposed takeover, its labor union said. The approval for the proposed strike heral...
The proposed merger between Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering is expected to double the value of their outstanding orders for LNG ships to over US$12 billion, in...
Unionized workers at Daewoo Shipbuilding & Marine Engineering began voting on Feb. 18 on whether to go on strike in opposition to Hyundai Heavy Industries’ proposed takeover. Voting by the some 5,60...
A total of 2.9 million tourists used Airbnb, a global house-sharing platform, last year, up 56 percent from a year earlier, the company said on Feb. 14. Seven out of 10 Airbnb users, or some 2.02 mi...
Hanjin Group said on Feb.13 it will establish internal audit committees under its holding firm and logistics subsidiary to improve transparency in its business management. The conglomerate, whose...
Jeju Air on Feb. 12 announced that it has become the first low-cost carrier in Korea to cross the 1 trillion won (US$891.18 million) milestone in annual sales last year. The leading budget carrier s...
Korean light-emitting diode maker Seoul Semiconductor said on Feb. 12 that it has supplied its LEDs for horticulture lighting products developed by Rofianda B.V, a Dutch lighting solution company. L...
Following faulty investment decisions that led to an outstanding debt of 17.39 trillion won (US$15.45 billion) with a debt-equity ratio of 940 percent in the first half of 2018, state-run Korea Natio...
'Foldable display ready for commercialization: LGD CTO
MSCI appoints Tay Kim as chief of Korean unit
Startup-driven innovation to take center stage at Exit Daejeon 2019
[EXIT DAEJEON 2019] Startup’s success depends on team: Slush exec
[EXIT DAEJEON 2019] Junction seeks more exposure in world’s most wired country
Syntekabio gears up for IPO this year
S. Korean investors shift attention to overseas stocks
Kia launches Korea’s first EV service center
May 21, 2019
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