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Reporter : Lee Hyo-sik
Sun, December 3, 2023 | 06:55
SK shares 'deep change' with society
SK Group will continue to innovate the way it does business to strengthen its core competency and share the fruits of its “deep change” with society, Chairman Chey Tae-won said Monday. In a meeting with the heads of SK units, Chey said the companies still have a long way to go to catch up with major global players. He urged the heads of each entity to accelerate their efforts...
SK acquires BMS plant in Ireland
SK Group has acquired a pharmaceutical ingredients plant in Ireland from Bristol-Myers Squibb (BMS) as part of efforts to nurture its biopharmaceutical business as its new growth engine. SK Biotek, wholly owned by SK Holdings, said Monday it signed a contract with the U.S. drug giant to purchase the facility in Swords City that produces a range of active pharmaceutical ingred...
Maxima, Q50S Hybrid stand out in sports sedan segment
High-performance sports sedans have begun attracting a great deal of attention from Korean motorists since Kia Motors launched its highly anticipated Stinger model in May. The segment is widely expected to grow at a robust pace throughout the year, also benefiting other carmakers that have rolled out sporty, high-performing vehicles. Nissan Motor’s Maxima premium sports sedan...
Ssangyong E&C wins awards in Singapore
Ssangyong Engineering & Construction (E&C) won a top construction award from the Singapore government for the ninth straight year for building an upscale residence complex in the city state, the company said Friday. The builder said it received the Building and Construction Authority (BCA) awards - one of the industry’s most prestigious honors - in four categories for constru...
Medytox sues Daewoong in US
Medytox, Korea’s largest maker of botulinum toxin, has filed a civil lawsuit against Daewoong Pharmaceutical and its U.S. partner Alphaeon, accusing them of stealing its strain of the toxin. The company said Friday that law firm Sheppard, Mullin, Richter & Hampton lodged a suit with the Orange County Court in southern California on June 7, adding the court will validate its c...
[AIIB] SK creates ecosystem for social enterprises
SK Group has been nurturing startups that contribute to solving diverse social issues as part of its efforts to share growth with local communities. Under the leadership of Chairman Chey Tae-won, Korea’s third-largest business group has been supporting social enterprises that hire the disabled, carry out community improvement programs and conduct other social projects since 2...
[AIIB] SK chief stresses importance of fulfilling social responsibility
SK Group has set an example for other large business groups by implementing a range of corporate social responsibility (CSR) programs to support small business partners and improve the livelihoods of marginalized people. Under the leadership of Chairman Chey Tae-won, Korea’s third-largest conglomerate has placed a particular emphasis on fostering social enterprises that cater...
Opening character shop
S-Oil CEO Othman al-Ghamdi, center, and company executives celebrate the opening of a corporate character shop, GooDoil Land, at the refiner’s headquarters in Seoul, Wednesday. The shop sells character figures, golf balls and other items with the GooDoil logo on them. / Courtesy of S-Oil
POSCO offers free AI education to jobseekers
POSCO will offer free educational courses on big data, artificial intelligence (AI) and internet of things (IoTs) for young jobseekers, the steelmaker said Wednesday. The company said professors and researchers at its affiliate Pohang University of Science and Technology (POSTECH) will create both online and offline courses on the Fourth Industrial Revolution. The tech-centered university will provide an eight-week online-based course for jobseekers and others so anyone can learn about the rapidly emerging fields for free.
KOTRA to facilitate job growth by supporting exporters
The Korea Trade-Investment Promotion Agency (KOTRA) will help exporters bolster their shipments and attract more foreign investment to facilitate a government-wide job creation campaign, its chief said Wednesday. “KOTRA will overhaul the way it conducts business to boost job growth by extending more support to small exporters and draw more inbound investment,” KOTRA CEO Kim J...
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