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[Eye on Business] How Green New Deal rekindled Shinsung E&G’s dimming solar power biz

Journey to solar power biz to get further boost in state-led green initiative

Sept 27, 2020
US trade body supports LG Chem’s request for sanctions against SK Innovation

An independent investigative body under the US International Trade Commission submitted a written opinion in favor of LG Chem, which filed a motion in August accusing SK Innovation of destroying cruc...

Sept 27, 2020
Korean firms say restructuring is inevitable: survey

Majority of companies point to coronavirus as biggest factor affecting global value chain

Sept 27, 2020
Hyundai workers vote to accept wage freeze amid pandemic

Unionized workers at Hyundai Motor Co. voted to accept a wage freeze for the first time in 11 years as the nation's largest carmaker struggles to cope with the impact of the coronavirus pandemic, the...

Sept 26, 2020
Merz Aesthetics picks Gwyneth Paltrow as global face

Oscar winner Gwyneth Paltrow has become the face of Merz Aesthetics’ global campaign for its botulinum toxin product, Merz Korea said Friday. Paltrow has been using Xeomin for years before she agree...

Sept 25, 2020
Celltrion creates holding company for 3-away merger

Celltrion Group announced Friday it has established Celltrion Healthcare Holdings as a first step of its plan to merge three affiliates by the end of 2021. The creation of the holding company is req...

Sept 25, 2020
KT, NGeneBio sign deal for genetic data-based digital health care service

There is a surge of movement from Korean telecommunications firms noticeably seeking to enter the digital health care market. KT on Friday said it has signed a memorandum of understanding with local...

Sept 25, 2020
[Monitor] No. of marriages plunges during pandemic

No. of births, deaths, marriages, divorces

Sept 25, 2020
[Newsmaker] Korean lawmakers to summon Google, Netflix chiefs

The National Assembly of South Korea has selected the chiefs of Google and Netflix’s Korean operations as witnesses at the upcoming audits scheduled for October to ask questions about their business ...

Sept 24, 2020
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS

Netmarble said Thursday it has launched BTS Universe Story in 173 countries, a storytelling game featuring 3D-scanned avatars of RM, Jin, Suga, J-Hope, Jimin, V, and Jungkook. According to the South...

Sept 24, 2020
Afreeca TV provides fishing boats for free to streamers

“The Ati motorboat can carry up to three passengers, while the 9.7-ton Ati fishing boat can carry up to 22 people. Streamers can simply make reservations for the boats at the Afreeca TV website,” a c...

Sept 24, 2020
Posco receives dividends worth W50b from Roy Hill

Posco, a South Korean steelmaker, said Thursday it received dividends of about 50 billion won ($42.6 million) from Roy Hill Holdings, which operates an iron ore mine in Australia. According to Posco...

Sept 24, 2020
Ssangyong E&C chief travels to Dubai to oversee $1b hotel project

Chairman and CEO of Ssangyong Engineering & Construction Co. Kim Seok-joon is visiting Dubai in the midst of a pandemic to supervise the details of the company’s $1 billion Royal Atlantis Hotel proje...

Sept 24, 2020
Companies on pandemic alert ahead of holiday

Hyundai Motor, Hyundai Heavy Industries ask employees to refrain from visiting hometowns

Sept 24, 2020
Merck gives $29,000 to Ansan multicultural children care center

Merck has donated 25,000 euros ($29,000) to an Ansan, Gyeonggi Province, multicultural children care center, the Merck Korea said Thursday. The fund will be used, among other things, for a Korean-la...

Sept 24, 2020

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