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Hyundai Motor Group Executive Vice Chairman Chung Eui-sun.Hyundai Motor Group, expanding the production of eco-friendly cars, is stepping on the gas to nurture energy-related businesses in a more aggressive way. The group’s initial goal is to secure EV and hydrogen fuel cell car infrastructure. As …
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LG Chem Vice Chairman Shin Hak-cheol.LG Chem is expanding the production of nitrile butadiene latex (NBL), a raw material for producing nitrile gloves whose demand is seeing explosive growth amid the COVID-19 pandemic. LG Chem signed a deal with Petronas Chemicals Group (PCG), the state-run petroche…
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Actor Yoo Yeon-seok makes a pitch for SPAM gift sets released by CJ Cheijedang. (Photos: CJ Cheijedang)CJ Cheiljedang has put on the market 260 kinds of Chusoek gift sets in keeping with four of the latest consumption trends, such as eco-friendliness, “substance,” health and home meal. They consis…
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An employee with LG Group’s production plant in Gumi, Gyeongsangbuk-do, test-operates one of the plant’s products.LS Group is attaching top priority to ensuring safety, environmental responsibility and ethics. The business group is implementing companywide activities to get back to the basics to p…
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A view of the Dye “Hello Bubble Foam Neon Paradise” series, released in Taiwan by Amorepacific Mise-en-Scene. (Photos: Amorepacific)Amorepacific is conducting a marketing blitzkrieg by employing Korea’s prominent girl group, Blackpink, to tap the Taiwanese dyeing market. Amorepacific Mise-en-Scen…
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(from left) Pyeongtaek Mayor Chung Jang-seon, Gyeonggi-do Gov. Lee Jae-myung, and President Park Jung-kook of Hyundai Mobis attend a ceremony to strike an MOU on the establishment of Hyundai Mobis’ EV parts module production center at the provincial government building in Suwon on Aug. 26. Hyundai …
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CEO Hussein al-Qatani of S-Oil.S-Oil’s foreign currency credit rating has been kept intact at “Baa2” despite business hardships, caused by the spread of the novel coronavirus. S-Oil said on Sept. 4 Moody’s Investors Service affirmed the Korean refinery’s foreign currency rating at “Baa2.” Moo…
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Dignitaries, including Gyeonggi-do Gov. Lee Jae-myung, Vice Chairman Park Geun-hee of CJ Group, and President Kim Cheon-soo of CJ Livecity, participate in a ceremony to sign an MOU on the successful implementation of “K-Culture Valley” in Goyang City on Agu. 11. (Photos: CJ Group)CJ Group’s mega …
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Stainless steel slabs, dubbed “POS470FC,” produced by POSCO. POSCO is aggressively devoting itself to tapping the stainless steel market. The reason is the uses of stainless steel are predicted to explode in an era of the 4th Industrial Revolution.Consider POSCO Technology Research Institute in Po…
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Genesis BBQ Chairman Yoon Hong-geun.Genesis BBQ celebrated its 25th anniversary on Sept. 1. The group held an anniversary event in which it pledged to fulfill the vision “Again Great BBQ.” Genesis BBQ Chairman Yoon Hong-geun said, “Whenever a crisis happened during the past 25 years, we at Genesi…
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(from left) Deputy Prime Minister-MOFE Minister-nominee Lee Hyoung-il, Defense Minister-nominee Kang Shin-chul, Minister of Land, Infrastructure and Transport Minister-nominee Hong Jee-sun, SMEs and Startups Minister-nominee Lee So-young, and Ha Jung…
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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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KR Chairman Jung Jin-hyuk (right) poses for a photo with Mirzoali Komil Jumahon, chairman of the State Unitary Enterprise “Rohi Ohani Tojikiston” (Tajik Railways) after signing an MOU at GICC 2026 on Sept 16. (Photo: KR)Korea National Railway (KR) …
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Chmn. Kang Cheong-hee of the National Health Insurance Service (NHIS) explains the direction of his management tasks at a meeting with reporters celebrating his 50 days in office in Seoul on Sept. 8. (Photo: NHIS)The National health insurance is invo…
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