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

Kazem vows to come up with Bolt EV, Bolt EUV in 2nd quarter General Motors Korea CEO Kaher Kazem said on Feb. 23 that the automaker headquartered west of Seoul would come up with a total of 10 electric cars...
Korean telecom operators to offer Disney+ to mobile customers Disney+, the streaming service of the U.S. entertainment powerhouse, attempts to challenge the dominance of Netflix in South Korea together with the country’s telecom operators. KT, South Korea’s second-largest mobile carrier, announced...
Giant in enterprise cloud applications discloses Workday Digital Agility Index Workday disclosed its recent survey titled Workday Digital Agility Index on August 18 to help companies come up with strategies on digital transformation so as to deal with the pandemic-induced...
Employees complain about workload Employees of Starbucks Korea expressed their complaints against the company’s frequent customer events on Oct. 7 and 8 by mobilizing trucks in Seoul. They criticized that Starbucks Korea treats them in an inhumane way through the unprecedented...
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...
Walkout starts on June 28 Union members of Oriental Brewery (OB), the Korean affiliate of Anheuser-Busch (AB) InBev, plan to go on strike beginning on June 28 as wage negotiations fell apart. The strike is strongly supported by OB workers _...
Korean Army makes detailed plans to trial Redback As the Redback infantry fighting vehicle (IFV) returns home from Australia next month, the South Korean Army sets up an action plan to trial the tracked combat vehicle. The Redback, which was developed...
Unionists finish occupation of large-sized oil carrier Contractor unionists of Daewoo Shipbuilding and Marine Engineering (DSME), one of the world’s largest shipbuilders, agreed on July 22 to finish their strike in 51 days (See the Korea News Plus article on...
5 outfits strive to acquire Korean gaming firm Two Korean info-tech companies and three private equity funds took part in the competition to purchase a controlling stake in the country’s leading gaming company Nexon. Korean game publisher Netmarble and IT firm...
Top e-commerce operator under investigation Fair Trade Commission (FTC) officials recently visited Coupang’s head office in Seoul to probe the country’s leading e-commerce operator on suspicion of unfair trade practices. The field inspection came after a few companies cried foul at...

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