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Reporter : Kim Jae-heun
Thu, March 23, 2023 | 10:33
Hyundai Elevator vies to win orders from Indonesia's smart city project
Hyundai Elevator will visit Indonesia as a member of “One Team Korea,” led by the Ministry of Land, Infrastructure and Transport, to participate in a bid to win orders for smart city projects, the company said Wednesday. Indonesia is currently working on relocating its capital from Jakarta to Nusantara on Kalimantan Island, due to serious issues of population concentration an...
Companies | 2023-03-15 16:14
Restaurant owners reduce side dishes amid soaring vegetable prices
A 32-year-old office worker surnamed Jang is surprised to see how many restaurants near his company have been reducing the number of side dishes they offer. “I used to get three or four side dishes before, but these days, I only get one or two.
Companies | 2023-03-15 08:17
Danggeun Market hit for downplaying sexual harassment case
Danggeun Market, the country's largest flea market platform, is facing growing criticism for downplaying a sexual harassment case involving its employees, according to industry officials Tuesday.
Companies | 2023-03-14 16:52
Coffee franchises tap into niche markets as competition intensifies
Large chain coffee houses used to open stores nearby subway stations or in popular downtown areas in Seoul with heavy foot traffic. Nowadays, they are focusing on introducing unique and lifestyle-oriented stores to attract customers. Starbucks Korea is the most prominent in this trend.
Politics | 2023-03-14 08:23
Samsung chief plans to make more anonymous donations
Samsung Electronics Chairman Lee Jae-yong met with his employees at the company's Smart City in Gumi, North Gyeongsang Province, and promised to make more anonymous donations, according to industry officials Sunday. “I want to participate in volunteer works more actively, but I am well-known to the public so it's not easy for me. However, I try to donate a lot anonymously,” L...
Companies | 2023-03-13 08:29
Coupang withdraws from Japan to focus on Korea, Taiwan
Coupang has decided to withdraw its e-commerce business from Japan, 21 months after it began offering its online delivery service there, a company official said Sunday. “After testing our service as a pilot version, we have decided to withdraw our business from Japan,” a Coupang Japan official said.
Companies | 2023-03-12 16:36
Korean cosmetics firms shift focus to North America from China
Korean cosmetics companies are stepping up efforts to expand their presence in North America, where a growing number of young consumers have become fans of Korean music, movies and other cultural contents, while reducing their dependence on China, according to company officials. Over the past decade, the cosmetics firms saw their sales grow at an explosive rate thanks to Chin...
Companies | 2023-03-11 08:27
Burger King under fire for series of price hikes
A 35-year-old office worker surnamed Jang in Seoul was surprised to find out the price of his favorite burger, the Whopper, reached nearly 7,000 won ($5.30). He said it feels like each time he visits local fast-food restaurants, he pays more than he did the previous visit. “I just read a news article that Burger King is raising their burger prices again.
Companies | 2023-03-10 08:29
GS Retail faces police probe for selling butterbeer without butter
The Ministry of Food and Drug Safety (MFDS) has filed a complaint with the police against GS Retail on charges of violating the country's food labelling laws, according to the ministry Thursday. “Beurre Biere,” better known as butterbeer here, has been an instant hit at GS25 stores after its launch last September. GS25 is a convenience store brand operated by GS Retail.
Companies | 2023-03-09 17:04
Food delivery service Baemin seeks to become e-commerce platform
Baedal Minjok (Baemin), Korea's largest food delivery platform operated by Woowa Brothers, is seeking to become a general e-commerce platform so as to overcome its stagnating online food delivery business, according to company officials Wednesday.
Companies | 2023-03-09 08:22
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