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[ THE INVESTOR ] Lotte Group Chairman Shin Dong-bin has been awarded a royal medal by the King of Spain for his contributions to the enrichment of bilateral trades, Lotte said on May 19. Shin wa...
[ THE INVESTOR ] Retailers are struggling with weak sales amid unfavorable market conditions, industry data showed on May 19. According to the sales tally, April’s numbers by major department stor...
[ THE INVESTOR ] The tobacco industry is gearing up for a battle to capture the market for smoke-free alternatives to traditional cigarettes. Marlboro maker Philip Morris made the first move on Ma...
[ THE INVESTOR ] Local egg prices are rising again with the country yet to stabilize the market following the latest outbreak of bird flu, officials said on May 18. The Korea Agro-Fisheries & Food...
[ THE INVESTOR ] Big retailers in Korea are cautiously watching the new Moon Jae-in administration, with many anticipating more restrictions in the operations of large-scale outlets. On the campa...
[ THE INVESTOR ] CJ Group Chairman Lee Jae-hyun pledged to bolster efforts for growth on May 17 as he declared his return to management after a four-year absence. “Due to my absence, there has b...
[ THE INVESTOR ] Korean content companies have exported US$51 million worth of TV programs and broadcasting formats in this year’s international media trade fairs in France and Hong Kong, the gover...
[ THE INVESTOR ] Retail giant Shinsegae has decided to indefinitely delay its planned project to build a department store in Bucheon, adjacent to Seoul, according to the company on May 15. The c...
[THE INVESTOR] Korean massage chair firm Bodyfriend signed a license contract with Lamborghini on May 11 and will launch a collaborative version in 2018. The 10-year-old company has been wooing the ...
[ THE INVESTOR ] Cosmetics that claim to protect the skin against damage caused by fine dust have been asked to provide evidence. According to the Ministry of Food and Drug Safety on May 12, the a...
[ THE INVESTOR ] US commodity trading company Cargill said on May 12 it has set an annual revenue target of 1.5 trillion won (US$1.33 billion) in Korea by 2025. David MacLennan, CEO of the global ...
[ THE INVESTOR ] Cosmetics companies in Korea are looking forward to streamlined central control over industry regulations under the newly elected president. During his campaign, President Moon Ja...
[ THE INVESTOR ] Major South Korean discount retailers saw their sales edge up 1.8 percent last year to exceed 40 trillion won (US$35.3 billion) for the first time ever, industry data showed on May...
[ THE INVESTOR ] E-mart has decided to close down its business in China two decades after it first entered the country, the company said on May 2. E-mart currently has six stores in Asia’s bigge...
[ THE INVESTOR ] E-Land Group has decided to sell its 69 percent stake in its key subsidiary E-Land Retail for 600 billion won (US$529.24 million) to a consortium of private equity firms including ...
This week's DECODED X
Apple to invest W3tr in LG’s OLED production
Samsung expected to continue record-breaking profit in Q3
Google mulls W600b funding for LG’s VR display chip
Kakao Bank bags over 300,000 accounts on 1st day
Kia sets up India unit ahead of debut
Amorepacific under FTC lens for unfair practices
Meritz Securities hires exec in 30s from Goldman Sachs
