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Lotte Shopping Co. President Kang Hee-tae unveils a plan to invest 3 trillion won to ramp up the on-line business on May 15. (Photo: Lotte Shopping)Lotte, the nation’s largest distribution juggernaut, has decided to integrate its online shopping malls in order to take a leadership position in the o…
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Hanwha Group Chairman Kim Seung-youn. (Photo: Hanwha Group)Three years have passed since Samsung General Chemical and Samsung Total, acquired by Hanwha Group, changed their name to Hanwha General Chemical and Hanwha Total, respectively. Following the deal with Samsung Group, Hanwha Group has fulfill…
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Diverse designs of Lotte Confectionery’s “Buon Gelato” ice cream package whose entry won the Silver A’ Design Award in the packaging design competition category at the 2018 A’ Design Award & Competition. (Photos: Lotte Confectionery)Lotte Confectionery’s “Buon Gelato” ice cream package w…
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Chairman Koo Bon-moo of LG Group waves his group’s flag as he took the helm of the group on Feb. 22, 1995.Chairman Koo Bon-moo of LG Group, one of Korea’s representative conglomerates, passed away at the age of 73. The late Koo, born in Jinju, Gyeongsangnam-do, took the helm of the group as the th…
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New products of the 2018 OLED TV, to be put on the market by Samsung Electronics in May, are displayed at the First Look 2018 Korea held at its Seocho building in Seoul on April 17. (Photo: Samsung Electronics)Samsung Electronics has launched a marketing offensive to target the domestic super large …
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Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, comes up with ambitious plan to raise sales to 44 trillion won by 2025. (Photo: Hyundai Mobis)Hyundai Mobis, seeking to be a top holding company of Hyundai Motor Group, unveiled an ambitious plan to raise sales to 44 trillion…
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Vice Chairman Park Jin-soo of LChem.LG Chem had the greatest quarter in its history in terms of sales in the first quarter this year, rising to 6.553,6 trillion won, up 66.9 billion won YoY, the company said on April 30.President Chung Ho-young and Chief Financial Officer attributed the outstanding …
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KT&G President Baek Bok-in.(Photo: KT&G)
KT&G President Baek Bok-in has been reelected for a 3rd term despite opposition from the company’s second largest shareholder, Industrial Bank of Korea (IBK). President Baek suffered a setback with opposition from IBK, but his reelection was app…
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“Cheon Nok Jung Every Time” is a deer antler extract product that people can carry with ease. KGC’s brand Cheon Nok logged 100 billion won in accumulated sales in three years since it was launched in December 2014. (Photo: KGC)
The Korea Ginseng Corp. (KGC)’s “Cheon Nok” that made its debut i…
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A general view of Wine Korea in Yeongdong, Chungcheongbuk-do. A view of Wine Korea’s foot bath tubs.The facade of Wine Korea headquarters decorated with breath-taking fall foliage.A view of the entrance of Wine Korea headquarters.
Wine Korea is Korea’s representative winery based in Yeongdon…
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Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
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On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
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KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
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President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…
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