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Reporter : Kim Hyun-bin
Fri, August 12, 2022 | 05:54
Interpark under fire for 'unreasonable' airline ticket payment policy
Customers who booked flights through Interpark Tour are furious over the unexpected additional fees they have to pay three months after booking their nonrefundable flights, according to passengers and industry officials, Thursday
SK Signet to introduce EV chargers at Seoul E-Prix
SK Signet, a subsidiary of SK Inc., will participate as a sponsor of the 2022 Hana Bank Seoul E-Prix & Seoul Festa event and exhibit the latest electric vehicle chargers, according to the company, Wednesday. The Seoul E-Prix is the last competition of the 2021-2022 season of Formula-E, the world's largest electric car race
Bill Gates expected to meet with top business leaders in Korea
Bill Gates, the founder of Microsoft and co-chairman of the Bill & Melinda Gates Foundation, has been invited to speak at the National Assembly during his stay in Korea on Aug. 15-17, but all eyes are on whether he will meet with key business leaders during his visit, according to industry officials, Wednesday.
Wife of Hanwha chairman passes away at age 61
Suh Yung-min, the wife of Hanwha Group Chairman Kim Seung-youn, passed away at the age of 61, Tuesday. Suh passed away at a hospital in the U.S. after battling cancer. She is the daughter of Suh Jeong-hwa, who served as a member of the 12th to 16th National Assemblies and as Minister of the Interior. He is currently a standing adviser to the People Power Party. Suh and Kim we...
Hyundai Motor on track to reach W10 trillion operating profit for 1st time
Hyundai Motor will likely see its 2022 operating profit reach 10 trillion won ($7.7 billion) for the first time in its history, despite a range of downside risks, such as the resurgence of COVID-19 and supply chain disruptions this year, according to industry analysts, Tuesday
Solar, wind power firms to benefit from US anti-inflation act
The U.S. Inflation Reduction Act, which will likely take effect next year, is expected to benefit local companies in the solar and wind power sector, according to industry officials, Tuesday. The act, which is primarily designed to fight inflation, was passed by the U.S. Senate last week and will soon be signed into law by President Biden after a democrat-controlled House vot...
Samsung Electronics signs wage deal with union for 1st time in 53 years
Samsung Electronics' union and management have reached an agreement on wage negotiations for 2021 and 2022, according to company officials, Monday. According to Samsung Electronics, the union and management of Samsung Electronics will hold a wage agreement signing ceremony on Wednesday. This will mark the first wage agreement between Samsung Electronics' labor and management ...
Hyundai, Kia urged to speed up production of EVs in US
Concerns are growing that Hyundai Motor and Kia could lose their competitiveness in the U.S. electric vehicle (EV) market unless they speed up production there amid the passage of the Inflation Reduction Act, under which EV subsidies are offered only to locally produced cars, according to industry officials Monday. The U.S. Senate passed the first draft with a 51-50 vote Sund...
LS chief to focus on creating synergy with existing and new units
LS Group Chairman Koo Ja-eun has been busy with the on-site management of major domestic affiliates for three months, to better find synergy between existing and new businesses, according to company officials. The chairman and Myung Roe-hyun, CEO of LS Corp., who took office this year, have been visiting business sites of 14 subsidiaries and sub-subsidiaries nationwide to bet...
Hyundai aims to develop own automotive semiconductors
Hyundai Motor Group is accelerating plans to develop its own automotive semiconductors, spearheaded by auto parts affiliate, Hyundai Mobis. The move is part of a strategy to cope with semiconductor supply shortage risks and strengthen competitiveness in future mobility, as the internal production of semiconductors has become more important than ever amid the transition to ele...
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