Genesis BBQ, the operator of Korean fried chicken franchise BBQ Chicken, said Monday it has been ranked one of the fastest-growing restaurant chains in the United States, for three consecutive years. BBQ Chicken was named seventh among the top 25 restaurant brands that achieved the fastest growth ranked by Nation’s Restaurant News, a US publication that covers the food service industry. The criteria for the ranking includes the growth in the number of outlets, total sales and sales per s

CEO aims to secure 20% market share globally, showing confidence in competing with Chinese rivals

Hyundai Motor's Avante N TCR, known as the Elantra in global markets, has achieved a double-podium finish, taking first and second place at the first final race during the 2023 TCR World Tour held at the Jose Carlos Bassi street circuit in San Luis, Argentina from Friday to Sunday, the South Korean automaker said Monday. The triumph marked the third time that Hyundai has taken the top trophy since the 2023 TCR World Tour began in April. With the latest victory, BRC Hyundai N Squadra Corse m

NFT 2023 Seoul Conference is scheduled to take place on Friday at Coex in southern Seoul to explore the interplay between non-fungible tokens, digital assets such as art and the Web3 framework that enables new decentralized digital asset marketplaces. The event will be organized by The Korea Herald, the nation’s largest English daily, together with ArtToken, an NFT-based art marketplace, and Seoul-based Soongsil University. Other key partners include Crypto.com, Blockchain Today and Bloomi

Amid stalled antitrust approval on merger with Korean Air, strategic investors, including Hanwha, reportedly reviewing their chances

Amid mounting global calls for sustainable development, South Korea’s largest chemical firm LG Chemical has been researching ways to produce eco-friendly plastics. Under the global campaign of achieving carbon neutrality by 2050, the international race has intensified across the petrochemical industry to reduce carbon emissions, and plastic recycling is considered the most expedient approach. In this aspect, LG Chem has successfully secured a competitive edge over its rivals by developing

Samsung Group's key technology affiliates -- Samsung Electronics, Samsung Display and Samsung SDI -- will hire experienced workers with research and development capabilities from outside the country, according to industry sources on Monday. South Korea's largest conglomerate has been carrying out recruiting activities to secure outstanding R&D talent from around the world. It newly introduced the foreign experienced employee recruitment process this year for foreign skilled worke

South Korea’s Ministry of Land, Infrastructure and Transport on Sunday announced a set of new guidelines to enhance the safety of personality mobility, or PM, vehicles such as electric scooters. As part of the ministry’s revision bill, the new guidelines will be applied for building new roads for better safety of both pedestrians and vehicles, especially dedicated lanes for PM vehicles. The revision mandates that when road management bodies conceptualize or revamp PM-only lanes, they

Samsung’s top decision-making body absent since involvement in 2017 influence-peddling scandal

Campaign clips for Samsung Electronics’ latest Galaxy Z Flip5 are played on the digital signage boards in Sibuya, the busy shopping district in Tokyo, Sunday. Preorders started for the new foldable phones in Japan last Tuesday, with their official launch set for Sept. 1. (Samsung Electronics)

Kim Chun-jin, CEO of the Korea Agro-Fisheries & Food Trade Corp., won the 2023 South Korea Leadership Award presented by the Korean Association for Public Administration on Thursday. The chief of the state-run food trade agency was recognized for bolstering a low-carbon diet campaign called “Green Food Day” in collaboration with 522 organizations based around world. The campaign urges global populations to produce eco-friendly certified agricultural products, reduce waste in the

South Korea’s leading battery maker LG Energy Solution strives to create a happier corporate culture, under the philosophy that corporate growth is achievable when employees are truly satisfied with their workplace. The nation’s overall corporate culture is now moving away from its obsolete hierarchical culture along with the rise of the so-called “MZ Generation” -- millennials and Generation Z, who were born between the early 1980s to early 2010s -- putting importance on

LG Electronics on Sunday debuted the world’s first wireless OLED TV globally. The tech giant’s 97-inch LG Signature OLED M TV and its 83-inch and 77-inch variants will hit the European market following release in North America and South Korea. (LG Electronics)

First full-change model in five years sets global sales target of 200,000 units

Hana Financial Group said Sunday that it has donated educational supplies for students of a female boarding school in Mexico to support their English education. Escuela Villa de las Ninas, located in the state of Chalco, was founded by the Korean Catholic congregation called the Sisters of Mary in 1991, with the aim of funding the education of female students from economically disadvantaged backgrounds. Currently, the school is housing some 3,300 students in its dormitories. The donation cerem