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P&G addresses gender equality in pandemic-hit world

P&G Korea, the local subsidiary of Procter & Gamble, has reaffirmed its commitment to gender equality, in line with its global headquarters’ continued move to propel the gender initiative, officials ...

Feb 22, 2021
AmorePacific adds fuel to eco-friendly packaging

South Korea’s top-tier cosmetic manufacturer AmorePacific is making efforts to reduce excessive plastic consumption, addressing the impact that the beauty industry has on the natural environment, off...

Feb 22, 2021
[Contribution] The SsangYong Motor tragedy and the opportunities that it offers

When governments interfere in markets, the result is often questionable. This happened in Korea in the late 1990s when a decision in favor of “Korea Inc.” was driven, instead of allowing foreign ori...

Feb 22, 2021
Posco CEO apologizes for accidents at steel mills

Steelmaker chief faces criticism after earlier attempt to shun hearing

Feb 22, 2021
Korea Shipbuilding wins W540b in orders from Asia, Europe, Africa

Korea Shipbuilding & Offshore Engineering Co. said Monday that it has bagged orders worth a combined 540 billion won ($489 million) from Asia, Europe and Africa. The orders include nine ships -- thr...

Feb 22, 2021
Hyundai Motor's honorary chairman to relinquish all directorship positions at affiliates

Hyundai Motor Group said Monday its honorary chairman will step down from all management positions at affiliates next month after 20 years of efforts to improve the carmaker's brand awareness and pro...

Feb 22, 2021
LG launches new office-use projectors in S. Korea

LG Electronics Inc. on Monday launched new office-use laser projectors as the South Korean home appliance maker eyes to expand its presence in the business projector market. Two new models of LG Pro...

Feb 22, 2021
Posco develops stainless steel for desulfurization facilities

Posco has succeeded in developing core materials used in desulfurization facilities at industrial plants, the country’s largest steelmaker said Sunday. The company said it has developed three types ...

Feb 21, 2021
[News Focus] Call for transparency as gamers take issue with real odds of ‘random’ items

Last week, Nexon apologized for misleading users of the odds of receiving different types of probability-based items inside its fantasy adventure PC game MapleStory, becoming the first company here t...

Feb 21, 2021
LIG Nex1 heads to IDEX 2021, knocks on Middle East market

LIG Nex1 said Sunday it is participating in the International Defense Exhibition and Conference 2021 to showcase its next-generation defense technologies. According to the South Korean aerospace and...

Feb 21, 2021
Samsung Display joins responsible business alliance

Firm puts more focus on ESG for accountable global supply chain

Feb 21, 2021
Imprisoned Samsung heir likely to be dismissed as welfare foundation chief

Lee Jae-yong, the de facto head of Samsung Group, is expected to be dismissed as head of a social welfare foundation established by his late father, as he is imprisoned over a high-profile bribery ca...

Feb 21, 2021
Celltrion to supply antibody treatment for COVID-19 without profit margin in Korea: chairman

South Korean biopharmaceutical company Celltrion will supply its antibody treatment for COVID-19 without a profit margin in South Korea, its chairman has said. Celltrion’s CT-P59 won the South Korea...

Feb 20, 2021
Moody's upgrades LG Electronics' credit ratings by one notch

Global rating agency Moody's Investors Service on Friday upgraded credit ratings of LG Electronics Inc. for the first time in seven years after the South Korean tech giant reported record earnings la...

Feb 19, 2021
LS Group Chairman Koo Ja-yeol named as next KITA chief

The Korea International Trade Association on Friday nominated LS Group Chairman Koo Ja-yeol, 68, as its 31st chairman. The leadership board of the trade organization, which represents over 70,000 me...

Feb 19, 2021

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