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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Sat, June 10, 2023 | 19:37

Hyundai Motor wins WRC Italy

Hyundai Motor wins WRC Italy

Hyundai Motor secured its first win of the year at the 2023 World Rally Championship (WRC) in Italy, the company said Monday. Thierry Neuville, representing the Hyundai World Rally Team, claimed the top spot at the sixth event of the WRC held in Sardinia, Italy from June 1-4.

2023-06-05 15:30

SK recognized for investments in East Timor's sustainable development

SK recognized for investments in East Timor's sustainable development

SK Group Chairman Chey Tae-won met with East Timorese President Jose Ramos-Horta last Friday at the group's headquarters in Seoul, joined by the chief executives of SK E&S and SK Forest, both of which are doing business in the Southeast Asian country. Last Saturday, the East Timorese foreign ministry uploaded photos of the meeting on Facebook.

2023-06-05 15:28

HD Hyundai, Hanwha Ocean to compete in Busan to sell naval ships

HD Hyundai, Hanwha Ocean to compete in Busan to sell naval ships

Busan will become the venue for a showdown between Korea's two leading naval ship manufacturers later this week, according to industry officials, Monday. During the biennial International Maritime Defense Industry Exhibition (MADEX) 2023 to be held in BEXCO from Wednesday to Friday as part of Marine Week 2023, HD Hyundai Heavy Industries and Hanwha Ocean will open their exhib...

2023-06-05 13:49

Kia hires former BMW designer John Buckingham

Kia hires former BMW designer John Buckingham

Kia, Korea's second-biggest carmaker by sales, said Monday it has hired a former BMW exterior designer in the latest move to strengthen its design capabilities.

2023-06-05 11:45

Retailers use recycled, biodegradable plastic to attract eco-conscious consumers

Retailers use recycled, biodegradable plastic to attract eco-conscious consumers

Retailers and food & beverage makers are stepping up efforts to reduce the use of disposable packaging to appeal to a growing number of environmentally-conscious consumers, according to industry officials, Sunday.

2023-06-05 08:36

Saengong proves competitiveness in design by sweeping global awards

Saengong proves competitiveness in design by sweeping global awards

A local household specialty firm called Saengong is showing the design competitiveness of its products by sweeping the world's most prestigious design awards, a company official said Sunday.

2023-06-04 16:59

Concerns rise over Samsung SDS' growing intra-group transactions

Concerns rise over Samsung SDS' growing intra-group transactions

Samsung SDS relied on intra-group transactions for more than 80 percent of last year's earnings, raising concerns over the firm's future growth prospects, according to industry officials Sunday. Data released by the Fair Trade Commission show the IT service unit of the Samsung conglomerate earned 4.2 trillion won ($3.2 billion) last year from transactions with other Samsung G...

Anna J. Park | 2023-06-04 16:28

SK creates $15.7 bil. in social value during 2022 via environmental, social innovations

SK creates $15.7 bil. in social value during 2022 via environmental, social innovations

SK Group said Sunday that the total social value created by its affiliates in 2022 by innovating business models for the environment and society reached 20.556 trillion won ($15.7 billion), up 8.6 percent from the previous year.

2023-06-04 14:33

Luxury brands continue hiking prices in Korea

Luxury brands continue hiking prices in Korea

Luxury fashion and cosmetics brands are raising product prices in Korea ahead of the summer spending spree, despite a series of hikes over the past few years. Morgan Stanley, a global research firm, said purchases of luxury goods made by Koreans came to $16.8 billion (22 trillion won), last year, up 24 percent from the previous year.

2023-06-03 08:42

E-book platform operator Millie to push for IPO again

E-book platform operator Millie to push for IPO again

Millie, Korea's leading e-book service platform, will push to go public once again after scrapping its plan last year, according to the country's bourse operator.

2023-06-02 17:40

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Top 10 Stories

1	Rising minimum wage burdens small biz owners: survey

2	OpenAI explores investment opportunities in Korean startups: Sam Altman

3	IPO market regains vigor on bullish KOSPI

4	China reaches out to Korean Assembly to counterweigh Yoon's bet on US

5	S. Korea may see rise in NK defectors as Pyongyang mulls reopening borders

6	Resurging household loans pose challenge for BOK's rate policy

7	SPC bolsters PR activities in US

8	Hyundai Motor partners with Spider-Man animation to envision future mobility

9	Japanese business leaders pledge to support Busan's Expo bid

10	More foreign language tours will be offered for Cheong Wa Dae

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