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Tuesday, July 7, 2020
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This is where you can find latest news about Korean business conglomerates.

No. of Paris Baguette stores in U.S. rose merely 5 over the past 12 months On June 30 last year, U.S. President Donald Trump met with South Korean business leaders in Seoul so as to encourage their proactive investments in...
Debt-ridden Doosan Group struggles to find its feet South Korea’s Doosan Group, which owns U.S.-based construction equipment brand Bobcat, is on the selling mode as the debt-ridden business conglomerate struggles to stay afloat. Doosan even put its 36.27 percent stake in...
US electric vehicle maker strengthening operations here Tesla tries to make its presence felt in South Korea as the American electric vehicle manufacturer plans to set up its first own maintenance shop in the country. A source familiar with the issue...
Virus pandemic brings about changes in consumption The subscription economy has been a familiar concept as an increasing number of companies came up with new business formats to win the hearts and minds of end consumers. According to Wikipedia, the term...
Mobile advertising giant sets up branch in Seoul Smadex, a top-tier mobile advertising company, announced on June 16 that the Barcelona-based company had set up a branch in Seoul to beef up its presence in the Asia-Pacific region. Smadex specializes in...
South Korean contractor SK Engineering & Construction faces criminal fines of $60.6 million related to its bribery charge in 2008 to win U.S. Army contracts, according to the U.S. Department of Defense Wednesday. SK also agreed to pay $2.6 million...
Korea-US joint venture offers various benefits to customers Shinsegae Simon celebrates its 15th anniversary by hosting a set of events aimed at offering various benefits to its customers at its four premium outlets in South Korea. The Korea-U.S. joint venture said...
Japanese automaker Nissan Motor announced Thursday that it plans to pull out from South Korea at the end of 2020 in 16 years after it entered the country in 2004. Nissan’s Korean unit said that its head office in Yokohama...
Korea-US joint venture appreciates members' affection Offline retailers have struggled to find their feet over the past few months due to the COVID-19 novel coronavirus, which caught the world off guard this year. However, not all the players languished. Some managed...
NH Securities successfully raises funds for alcoholic beverage maker Hite-Jinro, a South Korean manufacturer of alcoholic beverages, attempted to raise funds amounting to 80 billion won ($64 million) by issuing corporate bonds. The Seoul-based outfit asked NH Investment & Securities, the...

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