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Korea Ginseng Corp., the country’s leading ginseng product manufacturer, said on Thursday it has made a foray into the US market by unveiling its vegan skincare brand, Lab 1899. As the global leader in vegan product consumption, the US market commands a 35 percent share of the worldwide vegan pop...
Hyundai Engineering & Construction, South Korea's construction giant, announced on Thursday its search for additional tenants at Hillstate Dongtan Forest, a public-supported private rental apartment complex in Dongtan, Gyeonggi Province. The complex, featuring eight 20-level buildings and offering...
Starbucks Korea said Thursday it has donated 100 million won ($76,150) to the National Trust for Cultural Heritage in commemoration of the 105th anniversary of the March 1 Independence Movement Day. During the donation ceremony at Deoksugung Palace on Wednesday, the coffee chain demonstrated its d...
CHA Biotech announced on Thursday that it achieved a historic milestone in its annual revenue for last year, marking a record-breaking consolidated revenue of 954 billion won ($715 million), a notable 13 percent increase from the previous year. The company also saw a significant improvement in ope...
Inflation could rise over 3 percent in South Korea in February on high prices of global oil and fresh food items, the Finance Ministry said Thursday, vowing all-out efforts to curb inflation. In January, consumer prices, a key gauge of inflation, rose 2.8 percent on-year, marking the first fall be...
UT LLC., a mobility company based in South Korea, said Thursday it will change the name of its taxi-hailing platform service to Uber Taxi from UT. UT is a joint venture created by the US ride-hailing service company Uber Technology Inc. and South Korean mobility firm Tmap Mobility Co. in 2021 as p...
Hanwha on Thursday reported its fourth-quarter net income of 10.3 billion won ($7.8 million), swinging from a loss of 437.4 billion won a year earlier. Operating income for the October-December period was 231.7 billion, compared with a loss of 841.8 billion won a year ago, the company said in a re...
South Korean construction and interior materials company LX Hausys on Wednesday said it is participating in this week's Kitchen and Bath Industry Show in Las Vegas, which runs through Thursday. The company said it aims to showcase its latest collection of engineered stone and artificial marble, al...
SK hynix CEO Kwak Noh-jung outlined the company's ambitious goal of reaching a stock price of 280,000 won (about $210) within the next three years during a recent in-house meeting. The projected value represents nearly a twofold increase from the current stock price and is seen as a strong stateme...
The awards ceremony of "2024 Korea`s Most Admired Companies" on Wednesday. (S-Oil) S-Oil, one of major refineries in South Korea, has once again secured the top position in the highly esteemed "2024 Korea's Most Admired Companies" survey, marking the sixth consecutive year for its inclusion among ...
March 3, also known as "Samgyeopsal Day" in Korea, is approaching, with anticipation building for promotional events planned by local supermarkets. Most supermarkets and e-commerce platforms will offer discounts ranging from 40 to 50 percent on pork belly from Feb. 29 to March 3. But there is a c...
KT Corp. CEO Kim Young-shub declared the company’s new vision that accelerates innovation and growth in information technology, artificial intelligence and communications technology. “Although KT is a leading telecom company in the world, it lacks IT competitiveness. We must make up for weak poi...
CJ Foodville's Tous Les Jours store in Bandung, Indonesia (CJ Foodville) CJ Foodville, the operator of the bakery chain Tous Les Jours and a subsidiary of South Korean conglomerate CJ Group, said Wednesday its bakery stores in Indonesia have surpassed 60 in number, with a recent addition in Bandun...
Celltrion`s autoimmune disease treatment Zymfentra (Celltrion) Biopharmaceutical giant Celltrion announced Wednesday that the first batch of its new autoimmune disease treatment Zymfentra, also known as Remsima SC, has been shipped for its planned debut in the US next month. Zymfentra is the firs...
South Korea's fertility rate continued its steep fall last year as it hit a record low of 0.72, darkening prospects for the country that already has the world's lowest fertility rate, data showed Wednesday. The country's fertility rate -- the average number of children a woman has during her lifet...
Samsung opens AI TV experience zone in Singapore Changi Airport
Daughter of late Samsung chairman becomes Samsung C&T president
Hana Financial teams up with Credit Agricole to expand presence in Europe
City Oil Field to export oil coverted from waste plastic to Vietnam
Baemin pays out W400b in dividends to Delivery Hero
Banks rush to cough up misselling compensation