Archive by category Business

Park Yong-maan re-elected as KCCI chairman
Park Yong-maan re-elected as KCCI chairman

The incumbent chairman of the Korean Chamber of Commerce and Industry was unanimously re-elected as the head of the organization representing the interests of …

Hyundai E&C, Hyosung removed from sustainable biz index
Hyundai E&C, Hyosung removed from sustainable biz index

Four industrial companies — Hyundai Engineering and Construction, Hyundai Steel, Daelim Industrial and Hyosung — will be removed from a list of the …

Boeing plans to open technology research center in Korea
Boeing plans to open technology research center in Korea

US aircraft manufacturer Boeing said Wednesday that it plans to set up its seventh overseas technology research center in Korea by mid-2018, to accelerate its …

Samsung heir stays low-key despite major corporate issues
Samsung heir stays low-key despite major corporate issues

For the past six weeks after being released from jail, Samsung Electronics Vice Chairman Lee Jae-yong has strictly kept himself from the public eye. And the …

[Doing Biz in Korea] Attractive but restricted: Foreign firms spill beans on Korean market
[Doing Biz in Korea] Attractive but restricted: Foreign firms spill beans on Korean market

The Korea Herald is publishing a series of features and interviews on South Korea’s business environment for foreign companies and investors. This is the …

Supermarket chains dominate offline shopping report
Supermarket chains dominate offline shopping report

Scale continues to play a major part in attracting shoppers both online and offline, a recent survey showed, with supermarket chains and large open market …

Hyundai receives 733 preorders for Nexo on first day
Hyundai receives 733 preorders for Nexo on first day

Hyundai Motor received a total of 733 preorders on the first day of opening for its Nexo, the automaker’s latest sport utility vehicle powered by fuel cells, …

Kumho Tire to supply tires for BMW’s new X3
Kumho Tire to supply tires for BMW’s new X3

South Korean tiremaker Kumho Tire will supply its Crugen HP91 high performance original equipment tires to German luxury BMW’s new X3 SUV, diversifying its …

The lasting flower made by Riena
The lasting flower made by Riena

It is difficult to imagine just how important design is when it comes to our daily lives. Everything we see or use exists thanks to how it was designed, and …

Manage your health and diet with QoolSystem
Manage your health and diet with QoolSystem

Obesity in South Korea has been statistically proven to be the lowest in 2017, but that can be due to unrealistic beauty standards the country forces people to …

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