▶주메뉴 바로가기
▶본문 바로가기
Hyundai Heavy Industries obtained an order worth $573 million on Monday to make six 2,400-metric-ton Offshore Patrol Vessels for the Philippine Department of National Defense. The Philippine Navy OPVs will be built at Hyundai Heavy Industries’ Ulsan shipyard until 2028. The vessel is to be equip...
South Korea’s top business leaders assembled for the wedding of Hyundai Motor Group Chairman Chung Euisun’s eldest daughter at a small church in Seoul on Monday. The VIP list included Samsung Electronics Lee Jae-yong and his daughter, Lee Won-ju. The Samsung chief and his daughter, in a $2,000 V...
Booyoung Group on Wednesday held a groundbreaking ceremony for a school within the builder’s new housing complex, called Booyoung Town, in Phnom Penh, Cambodia. Woojeong Cambodia School will be located on a site of 15,475 square meters, consisting of three five-story buildings. Seventy-one classr...
Standard Chartered Bank Korea is offering a special interest rate of up to 1.9 percent per annum, before tax, to new customers opening a checking account by the end of this month. Account holders are eligible for the special rate up to 60 days from opening the account, as long as they keep a balan...
A labor dispute is brewing at Hyundai Motor Group, as its unionized workers warned of a possible strike after they failed to narrow differences with management over wage hikes and working conditions amid the automaker’s shifting focus toward electric vehicles, a threat to its manufacturing-focused...
LG Electronics said Sunday it is making its foray into the burgeoning electric vehicle charging market, calling the sector one of its key growth drivers for its next big leap. As part of the big push, the firm said it has acquired a 60 percent stake in AppleMango, a local battery maker, in partner...
South Korean social media platform Cyworld on Sunday launched a new service called “digital inheritance,” which allows the family of a deceased user to inherit digital data. Family members will gain access to published photos, videos and even the diary of the deceased, while other private materi...
South Korea’s key stock index and its secondary bourse both saw the biggest drop among 40 global indexes, including inflation-hit Argentina’s Merval S&P, data showed Sunday, prompting concerns of a possible market crash. From the end of last month to Friday, the nation’s main bourse, Kospi, fel...
Further investments on the part of South Korean display panel manufacturers in large OLED panels for televisions, monitors and laptops will be unlikely for the rest of 2022, according to a panel expert on Thursday. Yi Choong-hoon, chief executive officer of display panel research firm UBI Research...
SEJONG -- Economic policymakers on Friday said they would ramp up pressure on gas stations in a bid to ease inflationary pressure from surging energy costs, as soon as an expanded fuel tax cut goes into effect next week. The government announced last week that it would further increase tax cuts on...
South Korea is inching closer to approving its first homegrown vaccine with expectations that the government’s official announcement could come as early as next week. According to pharmaceutical industry sources Friday, the Ministry of Food and Drug Safety has been considering the review process ...
Porsche Korea CEO Holger Gerrmann was elected as the ninth German chairperson at the 41st Korean-German Chamber of Commerce and Industry Annual General Meeting on Thursday. Run by a co-chairing system, KGCCI will now be led by Gerrmann and Korean Chairperson Park Hyun-nam, who is also the Deutsche...
South Korean steelmaker Posco apologized Thursday for a recent case of sexual violence that occurred within the workplace. “We sincerely apologize to the victim and her family for the recent unsavory sexual violations in the company, and the company feels deeply responsible,” Posco Vice Chairman...
The South Korean won slipped below 1,300 per US dollar for the first time in 13 years in onshore spot trading Thursday, breaching the key psychological threshold as recession worries boosted the dollar’s safe-haven appeal. The won weakened 0.35 percent from the previous session to 1,301.8 per dol...
With fast-growing interest in high quality skin and hair care products in South Korea, the market for “dermocosmetics” -- cosmetics that are just as effective as dermatological care -- has expanded in recent years to surpass the mark of 4 trillion won ($3.1 billion), a report showed Thursday. Ac...
Morocco promises robust incentives for Korean businesses
Incheon Airport completes expansion to handle 100m passengers annually
Renault Grand Koleos rises as 'game changer' in hybrid SUV market
Woori Bank taps corporate banking expert as next CEO
Zyx Technology, TMA Solutions join hands for global AI collaboration
[Contribution] Preparing for future with strategic public procurement