Archive by category Business

Dole to offer ‘Surprise Box’ promotions this month
Dole to offer ‘Surprise Box’ promotions this month

Dole is offering a special promotion through its online shopping mall “Doleivery” in South Korea from Feb. 11 to Mar. 10. Dole Korea plans to begin selling …

Stimulus plan weak: brokerages
Stimulus plan weak: brokerages

The government’s 21 trillion won ($17.4 billion) fiscal stimulus for the first quarter of the year will be insufficient to offset the growing downside …

SK Innovation seeks to bolster petrochemicals business in China
SK Innovation seeks to bolster petrochemicals business in China

SK Innovation, the energy business holding unit of SK Group, is looking to bolster its petrochemicals business in its main export market China by pursuing more …

Government pushes for business restructuring
Government pushes for business restructuring

The government will step up efforts to restructure the manufacturing industry and reinvigorate the sagging corporate sector, officials said Thursday. Industry …

Gulf states launch anti-dumping probe against Korean car battery

The Gulf Cooperation Council (GCC) has launched an anti-dumping investigation into imports of Korean automotive batteries to look into whether their prices …

Dyson’s suction power test upsets rivals
Dyson’s suction power test upsets rivals

Dyson, the U.K. home appliance maker, held a rare performance test in Seoul on Tuesday by comparing its own luxurious stick vacuum cleaner with cheaper …

LG to hire marine sergeant for saving man’s life

LG Group said Wednesday it has decided to hire a marine staff sergeant who recently saved a blind man’s life at a subway station in Daegu.  On Jan. 17, the …

Samsung ActiveWash sales exceed 1.5m

Samsung Electronics said Wednesday that its ActiveWash washing machine has hit the 1.5 million mark in global sales since its launch in February last year.  …

Seoul shows mixed response to closer economic ties between China, Japan
Seoul shows mixed response to closer economic ties between China, Japan

Policymakers and economists here have shown mixed responses to a recent report that China and Japan are working to form a new framework to bring together …

[Graphic News] Korea’s credit ratings at highest levels
[Graphic News] Korea’s credit ratings at highest levels

Despite the dark clouds gathering over Korea’s economy, its sovereign ratings are at the highest levels on record, data shows. Standard & Poor’s, one …

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