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[THE INVESTOR ] Korea’s retail sales increased in September from a year earlier thanks to robust sales during the Chuseok holiday season, government data showed on Oct. 30. The combined sales of...
[THE INVESTOR] Woongjin Group announced on Oct. 29 that a consortium led by it will buy back water purifier rental firm Coway, which it had sold in 2012, for 1.68 trillion won (US$1.47 billion). Th...
[THE INVESTOR] Incheon International Airport announced on Oct. 28 it started detailed research on the country's first arrival duty-free shop, which will tentatively open in May. The move came as th...
[THE INVESTOR] CJ Logistics has decided to form a consortium with Korean private equity firm STIC Investment to acquire German-based logistics company Schnellecke, according to industry sources on O...
[THE INVESTOR] Taiwan-based snack food giant Want Want Group is the latest to submit a preliminary bid to acquire Woongjin Foods from private equity firm Hahn & Co, according to industry sources on ...
[THE INVESTOR] Haimarrow Food Service, a local hamburger franchise operator, announced on Oct. 25 that it has decided to officially enter the US before the year-end. Established in 2004, it is know...
[THE INVESTOR] Korea’s leading snack maker LOTTE Confectionery announced on Oct. 24 that it has decided to acquire L&M Mayson, a top bakery firm in Myanmar. The Korean company will buy 80 percent s...
[THE INVESTOR] Lotte Group on Oct. 23 announced that it will inject around 50 trillion won (US$44 billion) in all of its foreign and domestic business units over the next five years. “Our funding p...
[THE INVESTOR] Police said on Oct. 24 they have referred the vice chairwoman of Korean confectionery maker Orion Group to the prosecution recommending she be charged for embezzlement. Lee Hwa-ky...
[THE INVESTOR] Philip Morris Korea on Oct. 23 unveiled two new versions of its heat-not-burn smoking devices -- IQOS 3 and IQOS 3 Multi. “Based on customer feedback, we improved features like perfo...
[THE INVESTOR] The investment arm of Korea’s leading entertainment powerhouses YG Entertainment has invested 4 billion won (US$3.52 million) in apparel firm M Corset, according to sources on Oct. 23...
[THE INVESTOR] Korean duty free shops saw their sales reach an all-time high in the January-September period of this year despite a drop in the number of Chinese tourists, data showed on Oct. 22. ...
[THE INVESTOR] Starbucks Korea announced on Oct. 22 that it will start cashless operations at 403 outlets here, adding 300 more to the current 103 such stores. In April, the company started test ru...
[THE INVESTOR] A consortium led by Mirae Asset Global Investments, Korea’s largest asset management firm, has failed to sell a majority stake in Coffee Bean & Tea Leaf, according to industry sources...
[THE INVESTOR] A local court on Oct. 19 decided to place Korean cosmetics maker SKINFOOD under court receivership. The ruling came after SKINFOOD filed for court receivership on Oct. 8 due to huge ...
Woori Financial to acquire two Anbang-owned AMCs
Yanolja seeks talents for global biz expansion
WeMakePrice to start food delivery service
Hotel Shilla hit by drug scandal
YG Entertainment shares plunge amid tax probe
NPS to oppose Samsung Biologics’ proposals for shareholders meeting
Samsung develops next-gen DRAM chip
QARAsoft launches official version of robo advisor app Kosho
March 22, 2019
