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[Graphic News] Korean-made luxury cars regain 30% market share

South Korean premium cars have regained a 30 percent market share at home, according to data provided by the Korea Automobile Manufacturers Association and the Korea Automobile Importers and Distribut...

Updated : 2014.09.30 20:41

Unrivaled luxury at Qatar’s new airport

DOHA ― An amalgam of odors from fresh materials lingered at Hamad International Airport, Qatar’s new gateway that opened on May 27. The odor gently blended in with the genuine European leather that ...

Updated : 2014.09.30 20:26

High-end suit brand offers smart solutions

Cheil Industries, an affiliate of Samsung Group, unveiled on Tuesday the updated version of Rogatis, its high-end men’s suit line, adopting smart solutions for the first time in the local fashion ind...

Updated : 2014.09.30 20:24

Missha opens two new stores in Kazakhstan

Local budget cosmetic brand Missha has recently opened its ninth and 10th branches in Kazakhstan, its mother company Able C&C said Monday. The ninth store is located inside APORT Mall, while the 10th ...

Updated : 2014.09.30 20:21

Samsung Heavy to build first overseas facility

Samsung Heavy Industries, a global leading shipbuilder, will spend 1 trillion won ($950 million) to build the company’s first overseas shipyard by 2017 as a part of its plans to revamp manufacturing ...

Updated : 2014.09.30 20:21

Hyundai Motor agrees on pay raise

Hyundai Motor, South Korea’s largest automaker, said Tuesday it has reached a tentative agreement with its labor union on this year’s pay increase 119 days after the start of negotiations. On Wednesday, the labor union plans to hold a vote on whether to approve the agreement signed late ...

Updated : 2014.09.30 20:21

Top-tier Italian eatery brands to open Seoul outlets

Cafe Milano Korea CEO Park Ji-hoon (center) signs an agreement on opening high-end diners with Salvatore de Riso business manager Sartoria de Luca (left) at a Seoul hotel on Tuesday.Cafe Milano Korea ...

Updated : 2014.09.30 20:21

Korea to dish up Asia’s first food cluster

South Korea is pushing ahead with building Asia’s first food cluster, Foodpolis, to tap into the global food industry, which is expected to be worth up to $6 trillion by 2020. The nation plans to inv...

Updated : 2014.09.30 20:20

Korean Air operates food truck in downtown Houston

Korean Air Lines, South Korea’s largest full-service carrier, said Tuesday that it is operating a food truck in downtown Houston to showcase some of its favorite meals served on international flights.The truck will serve 250 meals per day during lunch hours at the so-called energy corrido...

Updated : 2014.09.30 20:18

POSCO Plantec wins $17m overseas steam generator order

POSCO Plantec, the industrial plant building arm of South Korea’s No. 1 steelmaker, POSCO, said Tuesday that it has won a $17 million order from French power solution provider Alstom S.A. to make two heat recovery steam generators.The modules are critical systems used in combined cycle po...

Updated : 2014.09.30 20:18

KFS, Algeria join hands to tackle deforestation

The Korea Forest Service is joining forces with Algeria to work together on global reforestation.The KFS and Algeria’s Ministry of Agriculture and Rural Development recently held the first Korea-Alge...

Updated : 2014.09.29 21:09

Car sharing gains ground

Car sharing, a form of short-term vehicle rental on an hourly or minute basis, is gaining popularity in major Korean cities as more individuals are recognizing it as a sustainable means of urban trans...

Updated : 2014.09.29 21:04

Philip Morris donates W100m to charity

Philip Morris Korea’s head Chung Il-woo (left) poses with Ahn Yoon-han, chief of a scholarship center in Yangsan, at Philip Morris Korea’s plant. (Philip Morris Korea)Philip Morris Korea said Monday...

Updated : 2014.09.29 21:03

POSCO develops powerful corrosion-resistant steel

South Korea’s largest steelmaker POSCO on Monday said it has developed a super corrosion-resistant stainless steel product that can be used to make steam condensers for nuclear power plants.The new product can be used to make special pipes for reactors, through which sea water flows to co...

Updated : 2014.09.29 21:02

[SUPER RICH] Lotte, Shinsegae turn to alcohol sector

It seems the heads of Lotte and Shinsegae, the country’s two leading retailers, are both smitten with the same item ― alcohol. These two market competitors are advancing into the local alcohol busin...

Updated : 2014.09.29 20:58