Archive by category Business

Korea’s mobile payments market grows in both offline, online
Korea’s mobile payments market grows in both offline, online

Over the past year or two, Park Ji-yoon, a 28-year-old office worker in Seoul, has gradually stopped carrying her wallet when going to most places, be it a …

[Newsmaker] Ex-Samsung CEO Kwon becomes legendary salaryman in Korea
[Newsmaker] Ex-Samsung CEO Kwon becomes legendary salaryman in Korea

Kwon Oh-hyun, a former chief executive officer of Samsung Electronics who retired late last year, was the highest-paid man in South Korea last year, earning …

Orion wins Choco Pie trademark case in Vietnam
Orion wins Choco Pie trademark case in Vietnam

South Korean confectionery company Orion said Monday that it has recently won a trademark suit against a Vietnamese company for its signature product Choco …

Incheon Airport celebrates 17th anniversary
Incheon Airport celebrates 17th anniversary

Incheon International Airport celebrated its 17th anniversary last week, vowing to become an airport of smart technology and handle up to 130 million …

[Graphic News] Korea’s overseas direct purchases hit record high
[Graphic News] Korea’s overseas direct purchases hit record high

According to the data compiled by the Korea Customs Service, a total of $2.11 billion worth of foreign goods was directly bought by Korean shoppers via …

Market reacts to Hyundai Motor’s structural reform
Market reacts to Hyundai Motor’s structural reform

The market on Thursday reacted quickly to Hyundai Motor Group’s governance reform scheme announced Wednesday, with the share prices of its affiliates subject …

[Newsmaker] Hyundai Motor Group to carry out grand governance structuring
[Newsmaker] Hyundai Motor Group to carry out grand governance structuring

Hyundai Motor Group on Wednesday announced long-awaited plans to overhaul its governance structure in a move to bolster future growth and shareholder value …

Korea, US jointly announce agreement on FTA revision
Korea, US jointly announce agreement on FTA revision

Korea and the US officially announced Wednesday that they have reached an agreement in principle to the revision of their bilateral trade deal, including an …

[GM Crisis] GM case reignites debate on ‘easy money’ investment … but should it?
[GM Crisis] GM case reignites debate on ‘easy money’ investment … but should it?

For Park Ji-young, a 45-year-old businesswoman in Seoul, watching the ongoing dispute over GM Korea’s restructuring scheme and the speculation of the …

McDonald’s Korea marks 30 years with pledges for prosperity
McDonald’s Korea marks 30 years with pledges for prosperity

Celebrating its 30th anniversary of business in South Korea this year, McDonald’s Korea pledged Tuesday to make continuous efforts to foster communication …

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