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Mon, December 4, 2023 | 16:18
E-Bay Korea helps firms bolster overseas sales
E-Bay Korea has been helping a number of small consumer goods makers by providing an online sales platform through which they can reach millions of buyers abroad. Thanks to Gmarket’s global shop, some companies have even seen their overseas sales exceed what they sell in the domestic market as Chinese, Japanese and other foreign buyers flock to the online shop for a range of ...
Companies | 2017-06-01 19:26
Meeting with MBA students
S-Oil CEO Othman Al-Ghamdi gives a lecture on the global oil industry and the refiner’s business at Korea University in Seoul, Wednesday. The Saudi-born CEO also urged students to work toward their goals with passion and lead changes in the business world. / Courtesy of S-Oil
2017-06-01 19:16
Medytox bolsters presence in Latin America
Medytox, Korea’s largest maker of botulinum toxin and dermal fillers, has stepped up efforts to bolster its presence in Latin America to capitalize on the region’s rapidly growing cosmetic beauty market. It set up a booth at the 35th Reunion Anual de Dermatologos Latinoamericanos (RADLA), the largest gathering of dermatologists in Latin America, in Bogota, Columbia, on May 26...
Companies | 2017-05-31 18:10
KCCI to hold 4th photo contest
The Korea Chamber of Commerce and Industry (KCCI) will hold its fourth photo contest, calling on people from all walks of life to submit any photos related to enterprises and their lives. Under the theme of “Businesspeople, Workplace and Life,” the country’s largest business association, headed by Chairman Park Yong-maan, said Wednesday it will receive applications from June ...
Economy | 2017-05-31 18:04
Low-cost carrier's license becomes rare commodity
It has become difficult for those seeking to operate budget carriers as the government has become reluctant to issue new licenses amid the increasingly saturated market. Aviation authorities are also concerned about newcomers’ financial health and ability to ensure aviation safety as they are small in size and not affiliated with larger carriers such as Korean Air or Asiana Airlines. Currently, six domestic low-cost carriers (LCC) operate flights on dozens of domestic and international routes. Air Seoul, owned by Asiana Airlines, is the last one that obtained an air operator’s certificate (A...
Companies | 2017-05-31 17:57
GE Power opens plant in Korea
General Electric (GE) opened a manufacturing plant for steam generators in Korea, a key component of combined cycle power plants, the company said Tuesday. GE Power held a ceremony to mark the opening of the heat recovery steam generator (HRSG) production facility in Changwon, South Gyeongsang Province. Last August, the company acquired the site from Doosan Engineering & Cons...
Companies | 2017-05-30 16:31
SK Innovation shifts to car batteries, chemicals
SK Innovation is shifting its focus to car batteries and petrochemicals to strengthen its competitive edge and bolster its bottom line, the company CEO said Tuesday. Korea’s largest refiner plans to increase its car battery production to capitalize on the rapidly growing electric vehicle segment, while expanding its petrochemical business in China, which accounts for 40 perce...
Companies | 2017-05-30 16:25
Hyundai Motor holds job fair for suppliers
Hyundai Motor Group is organizing a series of large-scale job fairs to help its small-and medium-sized parts suppliers to hire talented workers. This also provides millions of young jobseekers here with good opportunities to find work, the country’s largest automaker said Monday. The “2017 Hyundai-Kia Partners Job Fair” began at the COEX in southern Seoul, Monday, attracting ...
Companies | 2017-05-29 16:31
SSCL sets CSR example for foreign car dealers
Stuttgart Sports Cars Ltd. (SSCL), the largest Porsche dealer in Korea, has set an example for other foreign car dealers by implementing social programs to support the disabled and the underprivileged, and nurture young talent. Marking its 12th anniversary this year, SSCL has stepped up efforts to expand its social contribution campaign to share growth with local communities ...
Companies | 2017-05-29 16:25
Hyundai Motor unveils electric bus
Hyundai Motor has unveiled its first electric-powered bus to solidify its grip on the nation’s commercial vehicle market and deal with increasingly tightening rules on car emissions. Korea’s largest carmaker said Thursday it will begin selling the Elec City next year. It strives to introduce more eco-friendly, fuel-efficient buses and trucks to strike a balance with its large...
Companies | 2017-05-25 16:41
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It's beginning to look a lot like Christmas
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