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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Thu, June 1, 2023 | 11:06

Shipbuilders desperately need more foreign workers

Shipbuilders desperately need more foreign workers

Local shipbuilders and key parts manufacturers called for measures to revise visa programs to make it easier to hire more foreign workers with hands-on experience, according to the industry ministry, Thursday. The collective demand is in line with Korea's lead in the industry amid a rapid recovery of global demand, underpinned by more buyers opting for high-value, green vesse...

2023-05-11 16:54

LS Electric-SCG partnership looks to fortify microgrid biz

LS Electric-SCG partnership looks to fortify microgrid biz

LS Electric, the power supply solutions affiliate of LS Corp., will partner with Siam Cement Group (SCG), the second-largest firm in Thailand specializing in cement-building, materials and chemicals, to fortify its microgrid business in Southeast Asia, according to the firm, Thursday.

2023-05-11 16:53

Retailers stung by economic slump in Q1

Retailers stung by economic slump in Q1

Department stores and other retailers saw their profitability decline in the first quarter of this year as consumers kept their wallets shut amid soaring inflation and rising interest rates, according to industry officials, Thursday.

2023-05-11 16:43

LX Hausys showcases furniture film products at Interzum exhibition in Europe

LX Hausys showcases furniture film products at Interzum exhibition in Europe

LX Hausys is working on improving its presence in Europe's furniture film market as the company is showcasing its eco-friendly and high-performance furniture films at Interzum, an exhibition for ...

2023-05-11 16:41

Korea's Hyundai to invest $2.45 bil. in Indian state

Korea's Hyundai to invest $2.45 bil. in Indian state

Korea's Hyundai Motor said on Thursday it will invest 200 billion rupees ($2.45 billion) in the southern Indian state of Tamil Nadu over the next 10 years, to beef up electric vehicle production in the world's most populous country.

2023-05-11 16:26

Samsung SDS expands into global supply chain software biz

Samsung SDS expands into global supply chain software biz

Samsung SDS will team up with U.S. and Korean companies to jointly develop and sell global procurement supply chain management software-as-a-service (SaaS) solutions, the Korean IT company said, Thursday. The partners are U.S. supply chain platform company o9 Solutions and Korean supplier relationship management (SRM) company Emro.

2023-05-11 16:21

3 individuals win LG Humanitarian awards

3 individuals win LG Humanitarian awards

The LG Welfare Foundation gave humanitarian awards to three individuals who have helped improve society. "The award is given to encourage righteous people who do not spare their devotion and service for their neighbors," an LG official said.

2023-05-11 16:05

Samsung faces serious competitor in fast growing foldable phone market

Samsung faces serious competitor in fast growing foldable phone market

For the past few years, Samsung Electronics has been the dominant player in the global foldable smartphone market, where early tech adopters have lugged around small tablet-sized phones in exchange for creative dual screen use.

2023-05-11 15:48

Google answers ChatGPT challenge with Bard expansion

Bibigo Mandu available in Australia's supermarket chain Woolworths

Bibigo Mandu available in Australia's supermarket chain Woolworths

Bibigo Mandu, frozen dumpling products of CJ Cheiljedang, has begun sales in Australia's biggest supermarket chain Woolworths, the major Korean food manufacturing company said Wednesday.

2023-05-10 17:20

Samsung Electronics' labor union faces backlash for 'humiliating' company globally

Samsung Electronics' labor union faces backlash for 'humiliating' company globally

Unionized workers of Samsung Electronics are facing growing criticism from their colleagues for tarnishing the company's international reputation in their pursuit of a sharper wage ...

2023-05-10 16:59

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Top 10 Stories

1	Seoul City takes flak for bungled emergency text alert on NK's rocket launch

2	Rude cabbies in Seoul face stricter penalties

3	INTERVIEWAsia expected to be key driver of ESG growth: Deloitte ESG Partner

4	North Korea's spy satellite launch fails as rocket falls into sea

5	Retailers adopt generative AI to offer personalized products, services

6	Committee calls for lowering requirements for foreigners to teach English online

7	Chinese account for 54% of foreign-owned homes in Korea

8	AMCHAM stresses S. Korea-US ties after NK fires 'space launch vehicle'

9	LS chairman appears in YouTube commercial

10	Mercedes-Benz Korea appoints new CEO

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