KoreaTimes(419) - Companies, Business, page 11

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Business

Companies

Sun, May 22, 2022 | 23:24

Gmarket Global to expand fresh food business in collaboration with SSG.com

Gmarket Global is strengthening its fresh food business overnight delivery service to create synergy with SSG.com within Shinsegae Group, company officials said on Thursday. Gmarket Global, which runs two open-market platforms Gmarket and Auction, is preparing to launch “Smile Fresh,” a fresh food delivery service that sends customers' online purchases overnight.

2022-05-06 08:26

Korea's 100 ESG champions announced

Korean companies are taking the initiative to enhance their environmental, social and corporate governance (ESG) practices to be aligned with global trends, with many carrying out restructuring to establish ESG committees that can better aid sustainability efforts.

2022-05-05 20:42

GSK Consumer Healthcare Korea appoints Shin as new CEO

GSK Consumer Healthcare Korea has tapped former Hong Kong branch CEO Shin Dong-woo as its new head, the company said, Monday. Shin has successfully led various global companies' businesses, from consumer healthcare to general consumer goods, over the last 28 years. He also led the consumer healthcare businesses at Pfizer and Sanofi in the early stages.

2022-05-05 19:50

People hesitant to dine out as food prices soar

A 32-year-old office worker surnamed Kim said he has been bringing homemade lunches to work for about a month because nearly all restaurants near his office have increased prices sharply. “I don't eat expensive food or go to fancy restaurants, because all the menu items cost over 10,000 won ($7.90) these days.”

2022-05-05 17:01

Why Biden plans to meet heads of top 4 business groups

U.S. President Joe Biden is reportedly seeking to meet with the heads of Korea's four major conglomerates during his state visit here later this month. The event, if realized, will be a venue for Biden to ask for more Korean investments in the U.S., according to industry officials, Thursday. The U.S. president is scheduled to visit Korea from May 20 to 22, during which he pla...

2022-05-05 16:52

Nongshim, Ottogi hit hard by soaring palm oil prices

Nongshim and Ottogi, the country's top two instant noodle makers, have been hit hard by surging international prices of palm oil and wheat. However, the two firms are cautious about increasing the prices of their processed foods because they already did that last year causing consumers to bristle, a company official said.

2022-05-05 08:57

Creditors of Edison EV file for company's bankruptcy amid failed SsangYong acquisition

Edison EV, an affiliate South Korean electric vehicle maker Edison Motors Co., said Wednesday its creditors have filed for the company's bankruptcy with a local court, amid the parent company's recent failure in completing a deal to acquire SsangYong Motors Co.

2022-05-04 21:38

HDC to rebuild partially collapsed apartment complex

HDC Hyundai Development Company, a scandal-tainted construction affiliate of HDC Group, will spend 200 billion won ($157 million) over the next six years to demolish and reconstruct an apartment complex of eight buildings in Gwangju, including one that partially collapsed in January, its former CEO Chung Mong-gyu said, Wednesday.

2022-05-04 17:45

Kumho Petrochemical faces triple whammy

Kumho Petrochemical Chairman Park Chan-koo is in the hot seat over a forthcoming lawsuit from minority shareholders, while the company is grappling with the falling profitability of its petrochemical business, according to industry officials, Wednesday. Given that its passive attitude toward new ventures has also been viewed as one reason for its bearish stock price, critics ...

2022-05-04 16:55

Kakao seeks to generate 10 trillion won in commerce transactions

Kakao Corp., the operator of Korea's top mobile messenger, KakaoTalk, plans to generate 10 trillion won ($7.9 billion) in transactions via its various commerce channels this year by creating synergy, the company CEO said on Wednesday. "As mentioned in the previous earnings announcement, this year, we aim to create synergy between various commerce services in Kakao and activat...

2022-05-04 16:51

11 12 13 14 15 16 17 18 19 20

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.