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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...
The labor union at Hyundai Heavy Industries, the world’s largest shipyard by sales, demanded on Feb. 11 that the company provide job guarantees to its employees if it wants to proceed with its push t...
Samsung Heavy Industries is mulling taking over troubled Daewoo Shipbuilding & Marine Engineering, the company said on Feb. 8. “The management is considering the idea after receiving an investment p...
Korean Air’s family-controlled management is facing a challenge, as a key shareholder has demanded more outside managers. Private equity firm Korea Corporate Governance Improvement which acquired a ...
[THE INVESTOR] Korea’s state pension operator on Feb. 1 decided to actively exercise its shareholders’ right over Hanjin KAL, holding firm of the country’s largest airline Korean Air. The fund m...
[THE INVESTOR] The state-led Korea Development Bank on Jan. 31 announced that it has inked a temporary deal with Korea’s largest shipbuilder Hyundai Heavy Industries to sell off debt-ridden Daewo...
[THE INVESTOR] SK Corp., the investment holding company of energy and telecom conglomerate SK Group, said on Jan. 30 that it has decided to invest US$100 million in a US-based smart-tinting glass ma...
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
Taxi-sharing app operator Kornatus snaps W1.2b funds
Samsung Display continues to lead in mobile market: IHS
June 20, 2019
