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This is where you can find latest news about Korean business conglomerates.

Korea-US joint venture offers helping hands in hard times Shinsegae Simon, which operates four premium outlets in South Korea, has donated 10 million won to a county of Busan, the country’s southeastern port city. The Seoul-based joint venture said on May...
Many corporations struggle to find their feet across the world because the global economy is hit hard by the novel COVID-19 coronavirus throughout this year. But not all companies are languishing. Some are flourishing thanks to the pandemic as demonstrated...
Korean food company continues to come up with innovative products According to food writer Angela Clutton’s famous book “The Vinegar Cupboard,” vinegar is as old as civilization _ its first traces in Egypt stretch back to around 5,000 years ago. Since...
Korean outfit helps Indonesia deal with virus KT&G, South Korea’s leading tobacco brand, has donated diagnostic kits to the Indonesian government to help the country topple the novel COVID-19 coronavirus. KT&G said on May 6 that the outfit had offered the...
Korean news outlets raise suspicions Earlier this month, Philip Morris Korea came up with its accounting reports for 2019, which is available through the website of the country’s financial watchdog. Then, some domestic media outlets raised suspicions about why Philip Morris...
All of a sudden, South Korea has become a powerhouse in manufacturing diagnostic kits for the novel COVID-19 coronavirus as the country exports millions of kits a month. And a local pharmaceutical firm called iONEBIO recently said that it plans...
Amid the novel coronavirus threats, South Korean companies are heavily investing in the delivery system as spooked consumers continue to avoid offline shopping. CJ Logistics, the country’s business leader, recently announced that it had launched a one-day delivery system under...
Missha maker introduces integrated online mall Korea’s leading cosmetics maker Able C&C, which operates the Missha brand, has launched an all-in-one online shop, called My NUNC.Com (www.mynunc.com). The Seoul-based outfit recently said that it had opened the online mall to...
Korean tire giant continues to push for R&D Hankook Tire & Technology, one of the world’s top makers of tires, goes all out to secure technological edge through pouring resources in research and development (R&D). The Seoul-based outfit said on April...
Cornerstone OnDemand to help users navigate COVID-19 The novel COVID-19 coronavirus changes the business world once and for all, as social distancing leads to educational distancing due to fears of infection. Most spooked corporations sit idle, but some agile ones move...

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