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Korea Ginseng Corp., the country’s leading manufacturer of ginseng products, said Monday it plans to prioritize its marketing efforts in the Indonesian market, particularly leveraging the growing popularity of the Indonesian volleyball player under its sponsorship. Currently, the KGC sponsors the...
BMW Group Korea on Monday opened its renewed research and development (R&D) center in South Korea equipped with cutting-edge automobile testing equipment, as the German auto giant tries to expand its presence in the country's fast growing imported car market. The company held an opening ceremony f...
Starbucks Korea said Monday it will add the flat white coffee to its menu starting Tuesday as it strengthens its coffee lineup to woo customers. The flat white has been available in global Starbucks outlets in the past decade. A flat white is an espresso beverage made with two ristretto shots, co...
Hyundai Motor Group said Monday it has signed a 174- megawatt power purchase agreement (PPA) with a solar energy project led by Spain's Matrix Renewables to power its envisioned electric vehicle (EV) plant in the United States with renewable energy. The 15-year PPA with the Matrix Renewables-led S...
SK On, one of Korea’s leading electric vehicle battery manufacturers, has been awarded a Bronze at the 2024 Edison Awards for its innovative cobalt-free battery. The award, presented last Thursday, represents SK On's ongoing efforts to combine advanced technology with sustainable practices in the...
South Korean logistics company LX Pantos has opened a vast railway terminal in Tata, Hungary, with aims to bolster its competitive edge in European logistics. Situated approximately 65 kilometers southwest of Budapest, the LX Pantos Tata Terminal strategically positions itself near Europe’s large...
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measures to tackle ongoing business uncertainties. Cri...
The driving experiences on the Honda CR-V Hybrid 4WD Touring and Honda Accord Touring included urban streets, highways and winding roads. The former, a sports utility vehicle, and the latter, a sedan, offered pretty similar experiences throughout the test ride. Both vehicles offered comfortable dr...
French aviation authorities have rejected opening flight routes to Paris to T'way Air, the South Korean budget carrier, dealing a blow Korean Air's efforts to acquire Asiana Airlines, according to industry sources on Friday. The industry sources said the French aviation authorities delivered their...
Swedish electric vehicle maker Polestar will launch the Polestar 4, an all-electric coupe-style sports utility vehicle, in June, the carmaker’s Korean office said Friday. “The Polestar 4 is an all-around premium EV that has an outstanding commercial value in many aspects ranging from design, per...
Sungsimdang, a local bakery brand based in Daejeon, outperformed the country's top bakery franchise giants, Paris Baguette and Tous les Jours, logging record sales last year, a regulatory filing showed Friday. Rosso, Sungsimdang's holding company, said the bakery recorded sales figure of 124.3 bil...
Swedish premium electric carmaker Polestar said Friday it will launch the Polestar 4 SUV coupe in South Korea in June to gain a share in the local electric vehicle market. The coupe-like Polestar 4 SUV is the Swedish EV maker's second model to be sold in Korea after the Polestar 2, which was launc...
Samsung C&T President Lee Seo-hyun, the younger sister of Samsung Electronics Chairman Lee Jae-yong, visited Italy on her first business trip after her recent comeback to a management role in the company, according to industry sources, Thursday. Lee reportedly visited Milan to attend Milan Design ...
CJ Olive Young said Thursday it has introduced portable translators supporting 16 languages in its outlets nationwide to enhance the shopping experience for foreign visitors and the work efficiency of its employees. The handheld device supports 16 languages for real-time translation, including Eng...
Hyundai Motor Group has signed a strategic partnership agreement with Japanese material manufacturer Toray Industries to enhance materials technology for vehicles, officials announced Thursday. Under the partnership, the two sides will work together to develop lightweight and high-strength materia...
Korea’s top finance firms put aside W1.7tr for Hong Kong-tied ELS compensation
Samsung mobile chief, Google device head meet in Seoul
Posco Future M, Honda to launch battery materials venture in Canada
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
Experts raise concerns about Japan putting pressure on Naver over Line
SK hynix profits soar on AI chip boom