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Tuesday, April 13, 2021
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This is where you can find latest news about Korean business conglomerates.

Questions rise about prospective chief of Korea’s big airline Korean Air and Asiana Airlines are set to merge in years to come, and Cho Won-tae, chief of the former’s parent company Hanjin Group, is expected to take charge of the...
Korean online retailer makes desperate efforts Last year, Google caught the e-commerce industry by surprise as it permanently waived commission fees on products sold through its payment option. Korea’s TMON goes a step further _ instead of charging commissions, it will...
ITC rules in favor of SK in round 2 Korea’s SK Innovation defeated its cross-city rival LG Energy Solution in a battery patent conflict as the International Trade Commission (ITC) ruled in favor of the former this week. In an initial...
Will Lim Se-ryung lead Daesang Group? South Korea’s food-making group Daesang promoted Lim Se-ryung to vice chairman this week. She is the eldest daughter of Daesang Honorary Chairman Lim Chang-wook. Daesang said that Lim will take charge of the group’s marketing...
Four-way competition underway for online retailer Korea’s retail giant Lotte Shopping and top mobile operator SK Telecom are striving to take over eBay Korea, an e-commerce company that is up for grabs. Such outfits as Emart and MBK Partners also reportedly...
Contracts of Kumho’s apartments will start next week Kumho Engineering and Construction (E&C) said that its new apartment complex in Daegu is on the market with the signing of the contracts scheduled to start on March 23 to continue for...
NComputing CEO Song tries to provide computers to more people In developed countries, most homes are equipped with the latest physical desktops with which family members browse the internet, watch movies, play games, and enjoy online shopping. Their schools and companies...
Korean ginseng company forges partnership during Gulfood 2021 in Dubai Korea Ginseng Corporation (KGC) strives to make inroads into the Middle East markets in a full-fledged manner after taking part in an international health exhibition there last month. The Seoul-based company...
‘There is no free lunch’ Legendary investor Jim Rogers blasts the Modern Monetary Theory (MMT), a heterodox macroeconomic theory that encourages printing more money to boost the economy despite mounting sovereign debts. “I call it More Money Today. Everybody wants free...
Vaccine developers tap Korean manufacturers for mass production An increasing number of pharmaceutical companies from across the world are asking Korean contract manufacturers to roll out COVID-19 vaccines here. A local news outlet recently reported that Russia is trying to produce...

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