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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

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Wed, February 1, 2023 | 12:10

Why Generation MZ consumers are crazy about whisky

Why Generation MZ consumers are crazy about whisky

A 35-year-old office worker surnamed Kim recently bought a bottle of whisky to drink at home. “I started drinking whisky from last year because there are no hangovers after drinking. For office workers like me, who have to wake up early to go to work but want to drink on weekday nights, whisky is the perfect choice,” Kim said.

Kim Jae-heun | 2023-01-17 09:00

Korean, UAE firms sign $6.1 bil. worth of deals in energy, defense and mobility businesses

Korean, UAE firms sign $6.1 bil. worth of deals in energy, defense and mobility businesses

Korea and the United Arab Emirates (UAE) signed a total of 24 agreements worth $6.1 billion in traditional industries, such as energy and defense, as well as emerging businesses, including hydrogen, mobility, bio and digital transformation, according to the Ministry of Trade, Industry and Energy, Monday. The ministry said about 320 officials from business lobby groups, Samsun...

Baek Byung-yeul | 2023-01-16 23:38

Yoon reveals hopes for another nuclear project with UAE

Kia union OKs plan to build purpose-built vehicle plant in Korea

Kia union OKs plan to build purpose-built vehicle plant in Korea

Kia Corp., South Korea's second-biggest carmaker, said Monday its unionized workers have accepted the plan to build an electrified purpose-built vehicle plant in South Korea.

2023-01-16 19:35

Apple Korea's 2022 sales edge up 3.3% to $5.9 bil.

Apple Korea's 2022 sales edge up 3.3% to $5.9 bil.

Apple Korea's sales rose slightly to 7.3 trillion won ($5.9 billion) last year, data showed Monday.

2023-01-16 17:48

Chaebol tycoons facilitate President Yoon's business agenda

Chaebol tycoons facilitate President Yoon's business agenda

Korea's chaebol leaders are expected to advance “business diplomacy,” the chief objective of President Yoon Suk Yeol during his eight-day trip to the United Arab Emirates (UAE) and Switzerland, according to market watchers, Monday. Anchoring their rosy outlook is the reiterated commitment of Yoon and his UAE counterpart to the bilateral cooperation encompassing trade, defense...

Lee Kyung-min | 2023-01-16 17:28

Shinsegae International names Kim as new CEO

Shinsegae International names Kim as new CEO

Shinsegae International has appointed William Kim as its new CEO. He will also continue as the chief digital intelligence officer of the Shinsegae Department Store division to strengthen its digital strategy. The company imports and distributes more than 30 fashion brands as well as 20 cosmetics brands in Korea. It is also cultivating its own brands to expand them globally ev...

Kim Jae-heun | 2023-01-16 17:15

SK cooperates with UAE to respond to climate change

SK cooperates with UAE to respond to climate change

SK Group will enhance cooperation with Mubadala Investment, a sovereign wealth fund of the United Arab Emirates (UAE), to overcome the climate change crisis, according to the company Monday. The company announced that it had signed a memorandum of understanding (MOU) with Mubadala on the establishment of the Voluntary Carbon Market (VCM) Asia Partnership at the Presidential P...

Kim Hyun-bin | 2023-01-16 17:08

Korea cannot build own global supply chains like US, China, EU: trade minister

Korea cannot build own global supply chains like US, China, EU: trade minister

Korea should diversify its export destinations for more sustainable economic growth, Trade Minister Ahn Duk-geun said Monday, adding that the country is heavily dependent on exports at a time when large economic regions such as the United States, China and Europe are using on-shoring strategies to add value their own economies.

Baek Byung-yeul | 2023-01-16 16:59

Korean exporters alarmed by China's retaliatory visa ban

Korean exporters alarmed by China's retaliatory visa ban

Korean companies have begun to suffer setbacks in their businesses in China as a result of Beijing's refusal to issue short-term visas for Korean travelers, according to industry officials, Monday. Small- and medium-sized exporters here are feared to face further declines in their sales in China due to difficulties sending their employees there to talk to clients. And some Ko...

Park Jae-hyuk | 2023-01-16 15:52

LG Energy Solution, Hanwha join hands to dominate US market

LG Energy Solution, Hanwha join hands to dominate US market

LG Energy Solution (LGES) signed a memorandum of understanding (MOU) with three Hanwha Group affiliates, Monday, to hold a dominant position in the rapidly growing U.S. energy storage system (ESS) market through joint investments in the construction of a battery production line there. They also agreed to develop an integrated system embracing air conditioning and electronic e...

Park Jae-hyuk | 2023-01-16 15:50

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