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Reporter : Kim Jae-heun
Fri, September 30, 2022 | 01:37
Rubber Duck returns to Seoul after eight years
The giant yellow Rubber Duck, which attracted 5 million visitors in 2014, returns to Seoul after eight years. This time, it came with its friends -Rainbow Duck, Skull Duck, Dracula Duck and Ghost Duck to celebrate Halloween next month. Lotte Property & Development (Lotte P&D), the operator of Lotte World Tower and the company that brought the 3D artwork to Korea, said the 18-...
Food firms complain about gov't warnings against price hikes
Food companies here are expressing frustration over the government's growing pressure on them to refrain from raising prices on their products amid soaring inflation, according to company officials Tuesday.
LG Electronics CEO meets with African envoys for Busan's expo bid
LG Electronics CEO Cho Joo-wan met with six African ambassadors to Korea - from Ethiopia, Tanzania, Sudan, Kenya, Rwanda and Angola - Monday, to request their support for Busan's World Expo 2030 bid. Top diplomats from the African nations and executives from the electronics company as well as government officials participated in the event held at LG Science Park in Magok, sou...
Food delivery market competition heats up as Shinhan Bank, Naver enter fray
Competition has been heating up in the food delivery market with Shinhan Bank's new “Ttaenggyeoyo” service rapidly attracting customers and Naver launching a new delivery platform called “N Delivery” in November, according to industry officials, Sunday. One of the country's largest lenders, Shinhan Bank has already registered over 1 million customers for its service in the ei...
POSCO International to triple natural gas production in Australia by 2025
POSCO International will invest 300 million Australian dollars in its subsidiary, Senex Energy, together with Australian energy firm Hancock Energy, to increase its natural gas production by three times over the next three years, the company said Sunday.
Shinsegae, Lotte to compete in metaverse
Competition among the two local retail giants, Shinsegae and Lotte, has ignited in the virtual world, which is emerging as new a future growth engine. There is a new trend of enjoying culture in the metaverse, where companies believe more and more people will spend their money - in virtual department stores and amusement parks - as they spend more time online.
Namyang founder ordered to hand over shares to Hahn & Company
A court has ordered Namyang Dairy founder and his family members to hand over their controlling stake in the dairy company to local private equity firm (PEF) Hahn & Company as they agreed last year. The Seoul Central District Court ruled against Namyang Chairman Hong Won-sik and his family, Thursday, saying they should honor their stock purchase agreement (SPA) with the PEF, ...
RDA helps boost food security in Asian nations
The Rural Development Administration (RDA) has been accelerating its efforts to help Bhutan and other Asian nations bolster their food security by sharing its advanced agricultural knowledge and experience, the state-run agricultural research institute said, Wednesday.
Osstem Implant trains Mexican dentists
Osstem Implant welcomed 135 dentists and officials from Mexico with a training session and introduced to them its products at its headquarters in Seoul, Sept. 17, the company said Tuesday. It is part of the dental implant company's strategy to expand its sales network in the South American market.
Maryland governor, KITA chief discuss economic cooperation
Maryland Governor Larry Hogan visited the Korea International Trade Association (KITA) in Seoul, Monday, for a meeting with its chairman, Christopher Koo, to discuss a range of economic issues involving Korea and the United States, according to KITA officials. Hogan, called by some here as the “Korean son-in-law” because he is married to Korean American Yumi Hogan, came to Ko...
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