Archive by category Feature

Leadership vacuum weighs on CJ Group’s investment plan
Leadership vacuum weighs on CJ Group’s investment plan

CJ Group, South Korea’s largest food and entertainment conglomerate, will stop short of announcing its 2015 investment and employment plans due to its …

Korean Air hit by rise of budget carriers
Korean Air hit by rise of budget carriers

The number of passengers flying Korean Air, South Korea’s top air carrier, decreased for the second consecutive year in 2014 as low-cost carriers grabbed a …

S. Korea to inject 81.8 bln won to develop domestic titanium industry
S. Korea to inject 81.8 bln won to develop domestic titanium industry

South Korea will inject 81.8 billion won ($75.5 million) into developing a domestic titanium parts and material industry that can make components for …

Hyundai’s Sonata PHEV cited as top 8 noteworthy eco cars
Hyundai’s Sonata PHEV cited as top 8 noteworthy eco cars

Hyundai Motor Co.’s Sonata plug-in hybrid electric vehicle (PHEV) ranked fifth among the top eight “noteworthy” eco-friendly vehicles …

SK Telecom seeks to apply ICT in bicycles
SK Telecom seeks to apply ICT in bicycles

South Korea’s top mobile carrier SK Telecom Co. said Tuesday it has signed a preliminary deal with local bicycle producer Alton Sports Co. to join forces …

[Newsmaker] Is Lee coming to fore in Samsung empire?
[Newsmaker] Is Lee coming to fore in Samsung empire?

When it was reported that Lee Jay-yong would host an annual meeting of top and new executives of Samsung affiliates, market analysts viewed it as a signal that …

[SUPER RICH] ‘Black tears’ of oil tycoons
[SUPER RICH] ‘Black tears’ of oil tycoons

South Korea often proclaims to itself as “a country that does not produce oil” ― a sort of rallying cry to encourage itself to survive in a largely …

Samsung Techwin to supply airplane parts to GE
Samsung Techwin to supply airplane parts to GE

Samsung Techwin Co., the defense and precision machinery unit of South Korea’s largest conglomerate Samsung, said Monday that it has signed a deal with …

Cigarette imports drop 14.4 pct amid surge in demand for e-cigarettes: report
Cigarette imports drop 14.4 pct amid surge in demand for e-cigarettes: report

Cigarette imports dropped on-year in 2014, but imports of electronic cigarettes leaped as South Koreans tried to kick the habit after the government raised …

Gov’t targets 25 tln won in investment to boost tourism, increase competitiveness
Gov’t targets 25 tln won in investment to boost tourism, increase competitiveness

The South Korean government said Sunday it will create a business environment to induce more than 25 trillion won ($23.2 billion) in investment by local …

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