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By Park Se-ra ( serap1005@heraldcorp.com ) The Korea Herald
Renault Korea Motors, the South Korean unit of French automaker Renault Group, announced a revamp of its brand strategy Wednesday, as it seeks a breakthrough in prolonged sluggish sales. The company announced a change of its official corporate name from Renault Samsung Motors to the more simplifie...
Baedal Minjok, or Baemin, a delivery app, said Wednesday it will begin delivering Starbucks coffee and food in South Korea from later this month as it strives to strengthen its services. Starbucks has delivered its coffee, variation beverages and food products to customers through its own app. Bae...
Samsung E&A and GS Engineering & Construction (GS E&C) have won a combined $7.2 billion deal to expand a gas plant in Saudi Arabia, the biggest order for South Korean companies in the Middle Eastern country, the presidential office said Wednesday. The Fadhili Gas Increment Program is a project run...
South Korean Conglomerate Hanwha Group on Tuesday reaffirmed its willingness to continue pushing for a takeover of Australian shipbuilder Austal despite the latter’s earlier announcement to reject the former’s offer due to low chances of obtaining regulatory approvals. According to media reports...
As employees have been experiencing inconveniences when going to see a doctor during their working hours, the LG official said, it is getting ready to open an in-house affiliated clinic in July on the second floor of the West building, alongside pharmacies and banks. By Jie Ye-eun ( yeeun@heraldc...
South Korean cosmetics giant Amorepacific said Tuesday that its premium skincare brand Sulwhasoo has released its 2023 Sustainability Report, detailing the brand's sustainability initiatives and achievements. Sulwhasoo published the first standalone sustainability report by a brand under Amorepaci...
Chinese e-commerce platform Temu has recently established an entity for its operation in Korea, amidst Chinese platforms' broader entry into the Korean market. According to information obtained from open legal proceeding records, Pinduoduo, the parent company of Temu, formally registered a corpora...
LG Energy Solution said Tuesday that it has delivered the first battery cells produced at Ultium Cells’ manufacturing plant in Tennessee to its client. The battery products made at the Tennessee site will be loaded onto General Motors’ third-generation electric vehicles, including the Cadillac L...
Hyundai Motor Group has once again triumphed at the 2024 World Car Awards, with its vehicles being named World Car of the Year, World Electric Vehicle, and World Performance Car of the Year. The World Car Awards is an annual event organized by automotive journalists globally to honor excellence in...
South Korean liquor giant HiteJinro said Tuesday that its beer brand Kelly had exceeded 360 million bottles in sales as of March 26, a significant milestone within one year of its launch in April 2023. This achievement is equivalent to selling 11.5 bottles every second, the company said. Kelly's ...
At the 2023-2024 JungKwanJang Korean Basketball League Awards, Busan KCC's Heo Ung won the Pocari Sweat Popularity Award for the fifth consecutive time, Dong-A Otsuka said Tuesday. The league awards ceremony took place Monday at the Grand InterContinental Seoul Parnas in Gangnam-gu, southern Seoul...
Korean automotive, battery and semiconductor titans have been navigating their investments toward American shores, driven by incentives from the Inflation Reduction Act and the CHIPS and Science Act of 2022. Now, the Jones Act might beckon Korean shipbuilders to American waters. HD Hyundai Heavy I...
Hanwha Ocean, the world's third-largest shipbuilder by order backlog, said Tuesday it has bagged an order worth 1.24 trillion won ($919.6 million) to build four liquefied natural gas (LNG) carriers for an Asian shipper. Hanwha Ocean said it will build the vessels at its shipyard in Geoje on the so...
[KH Explains] Will alternative trading platform shake up Korean stock market?
[Herald Interview] Asia’s first Master of Wine empowers Shinsegae’s wine push
Exports to US reach all-time high, widen gap with China
LG Uplus to build hyper-scale data center in Paju
GS chief visits Microsoft headquarters
Fila chairman named this year’s Van Fleet Award winner