1.4 C
Seoul
Wednesday, February 26, 2020
Last first-generation tycoon leaves big legacy Lotte Group founder Shin Kyuk-ho passed away of chronic diseases Sunday at the age of 98, the country’s No. 5 conglomerate announced in a statement. Lotte Honorary Chairman Shin has left great legacy as he...
Offline retailer faces stiff competition from online stores E-Mart, South Korea’s largest discount chain, saw its 2019 sales go down 1.7 percent from a year ago, the Seoul-headquartered company announced on January 10. The amount was 14.67 trillion won. It...
Fast-food chain CEO's abrupt decision piques curiosity On January 9, McDonald’s Korea Managing Director Joh Ju-yeon, also known as Melanie Joh, promised to get better the Seoul-based company in her New Year message. In less than two weeks, the chief executive...
Economic growth dips to 10-year low The South Korean government channeled taxpayer’s money to support the country’s economy in the fourth quarter of 2019 when the gross domestic product (GDP) rose 1.2 percent, the highest in nine quarters. But such fiscal...
Korea's 'bread king' faces mixed results in court decisions Over the past two months, SPC Group Chairman Hur Young-in faced mixed results in lawsuits related to him and his group, Korea’s largest maker of food and confectionary products. One is good...
Korean R&B soul singer BMK will perform on Dec. 31 On the final day of this year, Kensington Hotel Saipan plans to present a special event where participants can join for unforgettable memories, the hotel said on Dec. 11. The hotel...
Wrapping up a five-year divorce suit, South Korea’s top court ordered Monday Hotel Shilla CEO Lee Boo-jin to pay $12 million to her ex-husband. The Supreme Court upheld a lower court’s verdict that the oldest daughter of Samsung Group Chairman...
Korean conglomerate taps into US market Hotel Lotte, a subsidiary of South Korea’s fifth-largest conglomerate Lotte Group, recently said that it had signed a contract to purchase a premium hotel in the United States. Under the agreement, the Seoul-based company plans...
Belgian beer Hoegaarden is accused of selling products in rusty cans in South Korea so as to cause worries among health-conscious consumers here. But Oriental Breweries, which imports the Hoegaarden brand, continues to sell the beers in question, claiming that...
Antoni Martinez will have to deal with burger probe McDonald’s Korea has appointed Antoni Martinez, who was once a crew member of the fast-food chain, as its new chief, the company announced on Jan. 29. He will replace outgoing Managing Director...

ADVERTISEMENTS

KHNP-banner-ads

POPULAR ARTICLES

ADVERTISEMENTS

KHNP-banner-ads

LATEST ARTICLES

NH-Securities-teams-up-with-Kakao-Bank

NH Securities teams up with Kakao Bank

Brokerage house carries out new event NH Investment & Securities joins hands with Kakao Bank to enable the latter’s customers to open new accounts of...
Able-C&C-achieves-turnaround

Able C&C achieves turnaround

BTS-and-coronavirus

BTS and coronavirus

ADVERTISEMENTS

KHNP-banner-ads