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Chairman Kim Nak-soon of the Korea Racing Authority (KRA) shakes hands with CEO Serik of Tengry Invest after signing and 2 in a agreement signing ceremony at KRA headquarters in Gwacheon, Gyeonggi-do. (Photo: KRA)Korea’s homegrown ticketing system will be exported to Kazakhstan, a New Northern Poli…
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An outside view of POSCO’s Shop Gallery. (Photo: POSCO)The Shop Gallery was dedicated beside Dosan Park in Gangnam-gu, Seoul, last March for the company to make a pitch for the steel products category in the construction industry. The structure, built with POSCO’s PosMAC (POSCO Magnesium Aluminium…
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A view of Samsung Electronics’ newest smartphone Galaxy S20. (Photo: Samsung Electronics)Samsung Electronics poured 5.36 trillion won into R&D initiatives for the first quarter of this year, the biggest-ever R&D outlay on a quarterly basis. The large investments come despite the global COVI…
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Hyundai Motor saw sales and operating profit rise by a small margin in the first quarter of the year, beating expectations. But the automaker saw real operating profit, except transient revenues, decline 8 percent over the same period a year ago. Hyundai Motor has entered a “contingency plan mode”…
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A view of “Lotte On,” Lotte’s integrated on-line shopping platform.President Cho Young-jae of Lotte Shopping’s e-Commerce Business Division announces strateges on the new e-Commerce brand Lotte On at the Lotte World Tower in Seoul on April 27. (Photos: Lotte)Lotte, one of the nation’s largest r…
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Bibigo Mandu (Dumpling) products released by CJ Cheiljedang.(from left) Bibigo home meal replacement products for roasted mackerel, grilled halibut, and roasted Spanish mackerel, released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang President Kang Shin-ho made good on his promise with h…
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A view of food products released by Ottogi. (Photo: Ottogi)Ottogi made its first step in the Korean food market many years ago by releasing a powered instant curry product in Korea. Ottogi released the nation’s firsts in areas such as soup, ketchup and mayonnaise. The food maker says it has been co…
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Three kinds of “Fishery Easy Cook KIT” foods, released by Dongwon F&B. (Photos: Dongwon F&B)Dongwon F&B, boasting fishery expertise it has accumulated over the years, has released three kinds of “Fishery Easy Cook KIT” foods using whelk, common Asian clam, and snails as the main ingr…
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An array of food products released by Orion. (Photo: Orion)Orion posted 539.8 billion won in sales and 97 billion won in operating profit in the first quarter of this year on a consolidated basis. The figures represent an 8.5 percent rise in sales and a 25.5 percent jump in operating profit compared…
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LG Chem Vice Chairman Shin Hak-cheol speaks at a ceremony to proclaim a new vision that reestablishes its identity based on not only ‘chemicals’ but ‘science’ to take a new leap. (Photo: LG Chem)LG Chem proclaimed the New Vision that reestablishes its identity based on not only ‘chemicals’ but…
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Deputy Prime Minister-Minister Bae Kyung-hoon of the Ministry of Science and ICT (MSIT), Vice Minister Lee Ho-hyun of the Ministry of Climate, Energy and Environment (MCEE), Chmn. Choi Won-ho of the Nuclear Safety and Security Commission (NSSC), Chmn…
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President Lee Jae-myung poses with heads of state and organizations at a meeting of the annual Group of 20 (G20) leaders’ summit in South Africa on Nov. 22. (Photos on the courtesy of the Presidential Office)President Lee Jae-myung returned home fro…
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President Lee Hag-jae of Incheon International Airport Corp. (IIAC) poses with President Omar N. Al-Midani of Vision Invest after they struck a contract on the operational service of Tashkent Airport in Uzbekistan on Oct. 14. (Photos: IIAC)Incheon In…
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President Kim Dae-ja of the Korea Agency for Technology and Standards (KATS), Chmn. Moon Dong-min of the Korean Standards Association and prize winners pose at the 51st National Quality Management Convention at COEX in Seoul on Nov. 19. (Photo: MOTIR…
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