Park Chan-wook to receive Key to Florence

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Samsung BioLogics wins 2017 CMO Leadership Awards

South Korea’s Samsung BioLogics announced Thursday that it has received the 2017 CMO Leadership Awards presented by the Life Science Leader magazine for the third consecutive year. The company was a...

Updated : 2017.03.23 17:17

Korea unveils additional W2.9tr rescue plan for DSME

South Korea’s finance regulator and the main creditors of the troubled Daewoo Shipbuilding & Marine Engineering unveiled an additional 2.9 trillion won ($2.6 billion) rescue plan on Thursday. The mai...

Updated : 2017.03.23 17:01

LG G6’s video goes viral on YouTube

LG Electronics’ online video promoting its new flagship smartphone G6 has gone viral on YouTube, according to market data Thursday. According to data released by video analytics company Visible Measu...

Updated : 2017.03.23 16:14

Korea, China, Japan to cooperate on LNG purchase

The Korea Gas Corp., the world's fourth-largest LNG buyer, said Thursday that it has reached a deal with its counterparts in China and Japan to cooperate on jointly purchasing LNG and sharing related ...

Updated : 2017.03.23 16:00

Korean firms need advisers to succeed in China

South Korean companies need advisers, instead of lobbyists, if they want to be successful in China, a global consultancy said Thursday. In a seminar hosted by the Korea Chamber of Commerce and Industr...

Updated : 2017.03.23 15:57

Work hour reduction needs to be applied differently among industries

South Korean lawmakers need to differentiate between industries while introducing a law to reduce work hours for South Korean workers, a private research institute said Thursday.South Koreans worked a...

Updated : 2017.03.23 15:51

Homeplus and Mcnulty present two premium coffee beans

Homeplus and domestic coffee brand Mcnulty have jointly rolled out two types of premium coffee beans, Homeplus said Thursday.The Single Origin Kenya AA has a sweet and sour taste and is a roast of cof...

Updated : 2017.03.23 15:38

Philips Korea strengthens ties with partner companies

Health technology company Philips Korea hosted Philips Partner’s Day at its head office in Jung-gu, Seoul, Wednesday to encourage collaborative growth with its partners under the slogan “Let’s Inno...

Updated : 2017.03.23 15:36

Korean Air to add flights on major routes

Korean Air Lines Co., South Korea's No. 1 airline, said Thursday it will increase flights on international routes and add fuel-efficient planes on the routes to help buoy its bottom line. In the comin...

Updated : 2017.03.23 11:06

Korean shipbuilders eyeing reentry into container crane market

A local port authority said Thursday it is considering a move to place orders to South Korean shipbuilders for the construction of several gantry cranes at new container terminals being built here.Bus...

Updated : 2017.03.23 11:04

Kepco eyes Toshiba-led British nuclear project

Cho Hwan-Eik, CEO of the state-owned Korea Electric Power Corp. (Kepco), said Tuesday the company is considering a stake in a Toshiba-led nuclear plant project in the UK. “Once (NuGen’s) sales plan,...

Updated : 2017.03.22 17:46

Food franchises on alert amid Brazil meat scandal

Food franchises in South Korea are on alert as consumers are refraining from eating chicken on worries over imported Brazilian poultry meat, industry sources said Wednesday. On Monday, the local autho...

Updated : 2017.03.22 17:28

Korea vows to expand assistance to small firms

South Korea's top economic policymaker pledged Wednesday to increase financial assistance to promising startups and small companies as part of efforts to boost their competitiveness.Finance Minister Y...

Updated : 2017.03.22 17:03

Incheon Airport signs agreement for Gwangmyeong terminal

Incheon International Airport Corp. has signed an agreement with Korail and Gwangmyeong City to create a city airport terminal at Gwangmyeong Station, according to the company Wednesday.Under the agre...

Updated : 2017.03.22 17:00

[Newsmaker] Duty-free, air carriers seek to offset THAAD fallout

Duty-free operators and air carriers in Korea are seeking out ways to increases sales among tourists from countries other than China, as Beijing’s travel ban is expected to cut deep into revenues thi...

Updated : 2017.03.22 16:58