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Samsung Electronics joins chaebol exodus from Federation of Korean Industries Samsung Electronics and other Samsung Group affiliates withdrew from the Federation of Korean Industries (FKI) on Feb. 6. The exodus by its “majority shareholder” Samsung, combined with Hankyoreh rep.. Tue, 07 Feb 2017 16:29:17 GMT
[Photo] One way to scrimp on spending in economic downturn Employees crowd a company cafeteria in Seoul’s Jongno district at lunch on Feb. 6, the day that Statistics Korea announced that in the fourth quarter of 2016, business at food outlets declined 3% from.. Tue, 07 Feb 2017 16:26:20 GMT
[Photo] Kidult toy market booming Ahead of Valentine’s Day, Lotte Mart will expand kidult areas in its store, with toys and other products marketed to grownups. (provided by Lotte Mart) Mon, 06 Feb 2017 16:47:43 GMT
Over 30 years, imported car registrations go from 10 to 225,279 In 30 years, the annual number of new registrations increased from 10 to 225,279 &#8211; of imported cars, that is. The history of imported vehicles mirrors the growth and opening of the South Korean .. Sun, 05 Feb 2017 17:15:53 GMT
S. Korean government attempted to amend unfavourable article of KORUS FTA Facts have come to light indicating that the South Korean government made three attempts to amend the unequal article of the 2007 Korea-U.S. Free Trade Agreement (KORUS FTA), which became the subject .. Fri, 03 Feb 2017 16:04:28 GMT
[Photo] Hanjin Shipping to be liquidated The headquarters of Hanjin Shipping in Seoul’s Yeouido neighbourhood. Seoul Central District Court, which is in charge of Hanjin’s receivership, ruled on Feb. 2 to declare the company bankrupt and pro.. Fri, 03 Feb 2017 15:45:21 GMT
Under Trump, US could brand South Korea a currency manipulator As President Trump’s protectionist trade policies take aim at China, Germany and Japan, countries responsible for a large part of the US trade deficit, the likelihood has increased that South Korea co.. Thu, 02 Feb 2017 16:58:35 GMT
[Photo] S. Korean exports heating up again Container ships are loaded at Busan Port on Jan. 27. South Korea’s exports rose 11.2% over the previous January, the first double digit increase since 2013. (Yonhap News) Thu, 02 Feb 2017 16:33:59 GMT
Samsung and Hyundai subsidiaries plagued by lower sales and operating profits The parts subsidiaries of Samsung Electronics and Hyundai Motor are on shaky ground. The subsidiaries, which flourished within the vertically integrated structure of their conglomerate parent companie.. Wed, 01 Feb 2017 16:19:19 GMT
[Photo] Hyundai Motor planning S. Korea’s tallest building Hyundai Motor is planning a 105-story, 569 meter building in Seoul‘s Samseong neighborhood, the company and Seoul City Architecture Committee announced last year. Hyundai is planning for the building .. Wed, 01 Feb 2017 15:58:03 GMT
[Reporter’s notebook] Samsung still hasn’t figured out real cause of Galaxy Note 7 debacle Just before the Lunar New Year holiday, Samsung Electronics announced that it had confirmed that its Galaxy Note 7 smartphones had been catching on fire because of a battery defect. The fires were rep.. Tue, 31 Jan 2017 17:48:09 GMT
[Photo] Korean-led consortium wins longest suspension bridge contract in Turkey A consortium including South Korea‘s SK Engineering & Construction Co. and Daelim Industrial Co. have been selected to build a 3,623 meter suspension bridge over the Dardanelles (?anakkale) Strait in .. Tue, 31 Jan 2017 17:10:55 GMT
A step backward for the South Korean government‘s goals for greenhouse gas reduction The South Korean government decided to increase the total amount of carbon credits that are allocated to corporations during the first phase of the greenhouse gas emissions trading scheme, which is en.. Mon, 30 Jan 2017 13:47:43 GMT
South Korean venture will make sure you don’t get caught without an umbrella A South Korean venture business is drawing attention with the development of a “smart umbrella” using Internet of Things (IoT) technology. Sales requests have been pouring in from overseas businesses.. Mon, 30 Jan 2017 13:34:05 GMT
Starbucks taking lead in hiring disabled workers as baristas “Welcome to Starbucks!” It’s a common greeting encountered by customers entering the coffee shop. But for Kim Gyeong-ho, a supervisor at the Gimpo Janggi Starbucks, even this simple greeting was a ch.. Sun, 29 Jan 2017 10:07:17 GMT

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