The Korea Herald

POSCO denies chairman resignation rumor

Sept 6, 2013

POSCO, the nation’s top steelmaker, dismissed a recent news report that POSCO chairman Chung Joon-yang recently notified Cheong Wa Dae of his intention to resign. According to the report, a high-ranking official from Cheong Wa Dae called on Chung to step down last month. The reason for the government’s request was not reported. A POSCO official said on Friday that the news report was groundless and confirmed that the chairman had no imminent plans to step down. Chung’s second term ends in March
Design emerging as key corporate asset for innovation

Sept 5, 2013

New customers seeking more esthetic pleasure of products or services than quality boosts design management
‘Time to invest in innovation’

Aug 27, 2013

When innovation is not enough, turn to reverse innovation: business guru
Seoul Station saves time for travelers

Aug 20, 2013

When international airports see as many as 130,000 travelers per day, it might be wise to go through the departure formalities at Seoul Station and take the express train to the airport.Seoul Station, which hosts a city air terminal and the airport railroad, offers faster and easier access to Incheon International Airport for those who wish to travel abroad during peak seasons, according to the Incheon Airport Railroad Express.“Since the third week of July up to the August peak season, the avera
Single-person households see growing buying power

Aug 20, 2013

South Korean industries taking advantage of spending habits of single-person households, whose purchasing power is growing fast
‘Next global crash could come next year’

Aug 13, 2013

Economic forecaster Harry Dent advises Korean companies to cut fixed costs and weed out weak business lines before next crashSMSThe
Samsung’s two units compete for overseas construction

Aug 6, 2013

Samsung C&T and Samsung Engineering rival for initiative in lucrative plant projects
High vacancy rate in 2013 Seoul office market

Jul 30, 2013

Cushman & Wakefield, the world’s largest privately held real estate firm, presents the 2013 Seoul office market outlook and summarizes its key findings on three major office districts. During the first half of 2013, the central business district, or CBD, office market showed characteristics of increases in vacancy rate due to new supply. The Gangnam business district, or GBD, has experienced an increase in vacancy rate because some IT companies are moving out of the Gangnam area. The Yeouido bus
‘Strong brand value propositions behind success of Samsung, Hyundai’

Jul 30, 2013

Kevin Lane Keller pinpoints impatience, lack of innovation and respect for brand as most common mistakes in marketing
Questions posed over Arctic seaway’s viability

Jul 30, 2013

Arctic climate may make shipping routes difficult to use
Mentally healthy workforce critical for business success: Jung

Jul 23, 2013

Mindprism CEO advises employers to take care of not only employees’ physical health but also mental health
‘Korean real estate market highly attractive for investors’

Jul 16, 2013

Savills CEO picks conglomerate-affiliates’ market dominance as most striking feature of Korean market
2013 summer reading recommendations for CEOs

Jul 16, 2013

Samsung Economic Research Institute’s summer reading recommendations were selected based on four criteria including recommendations by CEO members’ at SERI’s Korean website and SERICEO.Based on these criteria, the theme for 2013’s recommended summer reading list in economy and management was the changes in business and society from digital technology and leadership capabilities, while the theme in humanities and culture was self-cultivation, including preventing thought errors and forming good h
Innovative steelmaker to vie with luxurious interior brands

Jul 2, 2013

Union Steel CEO says company is unrivaled with steel lines of various color and texture
Top shipbuilder buoyed by offshore plant orders

Jun 25, 2013

ULSAN ― The offshore yard in Ulsan run by Hyundai Heavy Industries, the nation’s top shipbuilder, is a surprisingly interesting place to explore. The focus on offshore plants makes for a much more diverse range of construction than at conventional shipyards, and increased orders in recent years have the place buzzing.According to HHI, as of June, seven different offshore plants are being built in the world’s largest offshore yard, which covers 215 acres. Those include modules for the Barrow Isla