Archive by category Business

Generics to challenge GSK’s prostate, hair loss drug in Korea
Generics to challenge GSK’s prostate, hair loss drug in Korea

Local drugmakers have begun a competition to secure their portion of South Korea’s prostatic hyperplasia and hair loss medication market, as the last of …

Hyundai Rotem to build subway line in Philippines
Hyundai Rotem to build subway line in Philippines

Hyundai Rotem Co., a train-making affiliate of Hyundai Motor Group, said Friday that it has inked a deal to construct a subway line and other necessary systems …

Down-to-earth solution against ransomware for security administrators
Down-to-earth solution against ransomware for security administrators

Recently, more and more criminals are using ransomware, a type of malware that restricts user’s access to a computer system or encrypts data(office files, …

Standard Chartered Korea puts wealth at center of vision
Standard Chartered Korea puts wealth at center of vision

Standard Chartered Bank Korea plans to invest 10 billion won ($8.24 million) in its wealth management, aiming to double the size of operations over the next …

McDonald’s Korea appoints first female chief
McDonald’s Korea appoints first female chief

McDonald’s on Thursday appointed Melanie Joh as the managing director of its Korean unit. Joh is the first woman to lead the Korean unit of the world’s …

Securities and holding firms trumpet CSR efforts
Securities and holding firms trumpet CSR efforts

SK Holdings has been included in the Dow Jones Sustainability Index for the fourth consecutive year. Kim Byung-doo, manager of SK Holdings’ SK Management …

21 Korean firms incorporated into DJSI World
21 Korean firms incorporated into DJSI World

A total of 21 domestic companies were incorporated into the Dow Jones Sustainability World Index, according to the Korea Productivity Center. The Dow Jones …

Korea needs to expand currency swap deals
Korea needs to expand currency swap deals

Policymakers in the government and the central bank have refuted an argument by a local research institute that the country’s foreign exchange reserves are …

Korea, Japan pressed to reset declining economic partnership
Korea, Japan pressed to reset declining economic partnership

Business circles in Korea and Japan were the most eager to welcome an agreement reached between Seoul and Tokyo last month on resolving the issue of Korean …

Debt-ridden Hyundai Merchant to sell bulk shipping business
Debt-ridden Hyundai Merchant to sell bulk shipping business

A bulk cargo ship run by Hyundai Merchant Marine      HMM    Hyundai Merchant Marine, facing a liquidity crisis, is reportedly in negotiations with …

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