24.3 C
Seoul
Tuesday, August 11, 2020
Top-tier brokerage sees operating profit jump 47.9% Mirae Asset Daewoo saw its second-quarter operating profit rocket 47.9 percent to 387.1 billion won ($327 million) from a year ago, which is the highest quarterly figure. The country’s largest brokerage house announced August...
Korea's top-tier food company free of labor disputes for 64 years South Korea is notorious for the conflicts between the management and labor unions, which are typically regarded as highly militant. However, not all enterprises suffer from labor disputes. TS Corporation,...
This is the fourth of a series highlighting businesswomen related to South Korea’s sprawling business conglomerates, called chaebol. _ ED. Little is known about SK Chairman Chey Tae-won’s oldest daughter Chey Yoon-jeong. In fact, her English-language name is not certain...
Antitrust watchdog fines SPC Group record-high $54 million South Korea’s Fair Trade Commission (FTC) asked the prosecution to investigate SPC Group Chairman Hur Young-in and two other senior executives for violation of antitrust laws. The watchdog also said earlier this...
Premium outlet launches a summer event Shinsegae Simon has embarked on an event, called “Vacation Shopping Week,” during July 31 and August 17 aimed at attracting shoppers over the summer season. The Seoul-headquartered company announced that the two-and-half-week event will take...
This is the third of a series highlighting businesswomen related to South Korea’s sprawling business conglomerates, called chaebol. _ ED. Daughters from Samsung Group, the country’s No. 1 chaebol, have grabbed much attention, as shown by Hotel Shilla CEO Lee...
Next-generation infantry fight vehicles of Korea vie to win two-way rivalry South Korea’s Hanwha Defense rolled out prototypes of “Redback” infantry fighting vehicle (IFV), which will be shipped to Australia late this month, as part of its efforts to win...
'ALAP' will come to town in September MakeIt, which operates the Korea ETF Trend brand, plans to launch the ALAP hardware platform in September to offer convergence services to financial consumers. Equipped with a unique autonomous trading system, ALAP, which stands...
Sales of new SUV coupe tops 22,000 in four months Renault Samsung Motors’ newly-launched XM3 is cruising well in South Korea as a mounting number of motorists here opt to purchase the SUV coupe. The Seoul-based company announced on July 23...
Merck Korea backs multicultural childcare center Merck announced this week that the Damstadt-based multinational technology giant had picked four charitable projects of its global units, including Merck Korea’s initiative of supporting a multicultural childcare center. Merck said that its Performance Materials...

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