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Reporter : Lee Min-hyung
Mon, December 11, 2023 | 02:31
Hankook Tire mired in sibling feud again
Hankook Tire is mired in yet another sibling feud, after the eldest son of the firm’s honorary chairman made moves to retake management control by partnering with a local private equity firm.
P&G Korea launches additional rinse-free detergent
P&G Korea has launched a detergent that does not require additional rinsing, as it contains specially developed fine particles that dramatically reduce bubbles while removing contaminants from textiles during the laundry process, the company said Monday.
Companies remain lukewarm over investment amid economic uncertainties
Local firms have been lukewarm over their investment plans for next year, as they face lingering business risks triggered by prolonged economic and geopolitical uncertainties, according to a poll by a local business lobby group, Monday.
Celebrating 60th anniversary of Trade Day
Employees from the Korea International Trade Association (KITA) pose a day before the 60th anniversary of the Trade Day, which falls on Tuesday, in front of its headquarters in Seoul, Monday. They hold signs to show Korea’s major export items in chronological order from the 1960s to the 2010s, including squid from the 60s and semiconductors from the 90s. Hyundai Motor w...
Major conglomerates speed up generational shifts in leadership
Korea’s major conglomerates are moving to speed up generational shifts in leadership, in a strategic move to tackle economic uncertainties by injecting younger approaches to conventional businesses.
Hyundai chief pledges to support globalization of archery
Hyundai Motor Group Executive Chair Chung Euisun has pledged to reinforce support for the globalization of archery by promoting international exchanges to train not just athletes, but trainers and referees on the sport, the company said Friday.
KITA hosts Korea Grand Sourcing Fair 2023
The Korea International Trade Association (KITA) hosted a two-day trade fair in Seoul to help boost the nation’s IT, bio and healthcare exports, the association said Thursday.
Korea's exports to bounce back in 2024 on rising demand for advanced chips, batteries
Korea will achieve a major turnaround in trade balance in 2024, powered by export recovery on growing demand for advanced chips and secondary batteries, Korea International Trade Association (KITA) Chairman Koo Ja-yeol said Wednesday during a press conference.
Chanel, Hermes, Nike rectify customer policies after FTC warning
Chanel, Hermes and Nike have corrected what were cited as unfair business practices regarding a number of terms concerning customers and posted the changes on their brand websites following a review by the nation’s antitrust agency.
POSCO builds two factories for eco-friendly vehicles
POSCO Group has completed the construction of two factories producing lithium hydroxide and electric steel, as part of plans to tighten its position as a manufacturer of key materials used for eco-friendly vehicles, the company said Wednesday.
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