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Friday, October 29, 2021

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

BR Korea questions authenticity of whistle blower's video footage BR Korea, which runs Dunkin’ Donuts in South Korea, asked the police late this week to investigate video footage, which showed its unsanitary factory south of Seoul. The company hinted that an...
Leading-edge technology will block ticket scalping When it comes to the non-fungible token (NFT), CJ OliveNetworks appear to blaze the trail in South Korea by applying the cutting-edge technology to the real-world business. The Seoul-based company announced on Sept. 27 that...
Korean firm will supply rapid COVID-19 test kit in contract worth $626 million South Korea’s leading biopharmaceutical company Celltrion recently said that it had secured a mega-sized contract to supply rapid COVID-19 test kits to the United States military. Under the...
Korean food giant inscribes braille in its products Ottogi, a South Korean food giant, said this week that the company had started inscribing raised letters in two of its instant noodle products early this month. The Seoul-based company said that the...
South Korea gives nod to antibody treatment Celltrion said this week that the Korean Ministry of Food and Drug Safety (MFDS) approved its monoclonal antibody treatment for the novel coronavirus, named regdanvimab (CT-P59). Following the measure, the treatment commercially known as...
uLikeKorea braces for cutting-edge technology for Hanwoo South Korea's uLikeKorea announced on Sept. 16 that the Seoul-based company had launched a block-chain technology for its Hanwoo, or Korean beef, brand dubbed “Wanbyuk-han (meaning perfect in Korean).” The outfit said that its...
New Yorkers will be able to test red ginseng products The Korea Ginseng Corporation (KGC) announced on Sept. 16 that the Seoul-based company had opened Ginseng Museum Cafe in New York this week. The KGC said that US citizens will be...
Cleantopia-taps-new-CEO

Cleantopia taps new CEO

Byun taking charge of Korea's top laundry franchise Cleantopia, South Korea’s foremost laundry franchise, announced this week that it had named marketing expert Byun Sung-hyun as its new chief executive. The appointment came on the heels of the ownership change of...
Korea's top red ginseng company carrying out more than 430 tests on ginseng To become the products of South Korea’s most prestigious red ginseng brand, CheongKwanJang, ginseng is required to go through more than 430 tests. The Korea Ginseng Corporation...
Conglomerate taking advantage of AI and big data LS Group has adopted digital transformation as its corporate strategy by employing such futuristic technologies as artificial intelligence, big data, and smart energy to traditional brick-and-mortar businesses. LS Group Chairman Koo Ja-yeol has...

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World’s largest hydrogen fuel cell power plant

KOSPO has completed big-sized fuel cell power plant at west of Seoul On Oct. 26, Korea Southern Power (KOSPO) celebrated the completion of the world’s...

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