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Reporter : Lee Min-hyung
Fri, February 23, 2024 | 13:18
KT&G appoints global business expert as next CEO
KT&G announced the appointment of Senior Executive Vice President Bang Kyung-man as the final candidate for its next CEO. The company stated that he is the most qualified individual to drive the firm's global expansion efforts and enhance its brand image.
Coupang sells 'life-threatening' products despite AliExpress controversy
Coupang is facing growing criticism for selling dangerous items without any restrictive measures - such as age verification - sparking concerns over their illicit usage, some of which could be public safety hazards, according to industry officials, Thursday.
AliExpress accused of selling illegal products amid weak monitoring
AliExpress is facing yet another round of public backlash for selling illegal goods and products that are potentially harmful to consumers here. This has prompted the Chinese e-commerce platform to reevaluate and strengthen its internal monitoring system, as reported by an industry official on Wednesday.
KG Mobility achieves major turnaround after 7 years
KG Mobility has achieved a major turnaround in 2023 with a surprising triple-digit operating profit for the first time since 2016, buoyed by robust sales of its diverse SUV lineups - such as Torres and Rexton - the company said Wednesday.
KEF chief to serve 4th term
Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik, center, attends the business lobby's regular general meeting at the Westin Josun Seoul, Wednesday. KEF member companies approved Sohn for another two-year term. Sohn took office as the head of the pro-business lobby group in March 2018 and extended his term for the fourth time. Yonhap
Coca-Cola launches limited edition K-Wave drink
Coca-Cola has launched a limited edition zero sugar version featuring the Korean wave, inspired by the global sensation of K-pop and its artists, the company said Tuesday.
Asiana workers face job insecurity, zero bonuses amid record sales
Asiana Airlines employees are growing increasingly apprehensive about their job security as the impending takeover by Korean Air approaches completion. Korean Air, thus far, has maintained an ambiguous stance, refraining from presenting concrete action plans to assure the continued employment of Asiana workers.
Coupang to join major business lobby amid feud with umbrella union
Coupang is set to become a member of a pro-business lobby group to counteract escalating labor risks posed by one of the nation’s main umbrella unions, according to industry officials, Monday.
Korean Air-Asiana deal sparks major shakeup among budget carriers
Low-cost carriers (LCC) in Korea are gearing up for significant changes to their growth strategies, bracing for the envisioned launch of a mega-sized budget airline after Korean Air completes its acquisition of Asiana Airlines, according to industry officials, Monday.
Genesis Invitational wraps up
Hyundai Motor Group Executive Chair Chung Euisun, right, celebrates with professional golfer Hideki Matsuyama, winner of the 2024 Genesis Invitational golf tournament at Riviera Country Club in California, Sunday. The winner was given $4 million (5.32 billion won) for the top prize and received a Genesis GV80 Coupe as an extra prize. The luxury carmaker has been supporting me...
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