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Reporter : Kim Hyun-bin
Fri, July 1, 2022 | 02:03
Lotte chief seeks to expand business in Europe
Lotte Group Chairman Shin Dong-bin, who has been on a business trip to Europe, announced he will invest an additional 110 billion won ($84.8 million) to double the production of anode foil, a key secondary battery material, during his visit to the Lotte Cluster, built in the Turtovanyeo Industrial Complex in Hungary, the company said, Wednesday.
Bentley Tower opens to provide one-stop services
Bentley Motors Korea held the opening ceremony for Bentley Tower, the world's largest integrated business tower for Bentley in Dongdaemun District, Seoul, Wednesday, providing a one-stop service for new cars, certified used cars and warranty service. Bentley Asia-Pacific Regional Director Nico Kuhlmann, Bentley Motors Korea CEO Warren Clarke and British Ambassador to Korea Co...
2022 Korea Times Forum (PHOTOS)
Korea Times Chairman Seung Myung-ho, front row sixth from left, Minister of Trade, Industry and Energy Lee Chang-yang, fifth from left, and Seoul Mayor Oh Se-hoon, seventh from left, applaud during a VIP session prior to the 2022 Korea Times Forum at the Korea Chamber of Commerce and Industry (KCCI) building in Seoul, Tuesday. From left in the front row are German Ambassador ...
2022 Korea Times Forum (Main photo)
Korea Times Chairman Seung Myung-ho, front row sixth from left, Minister of Trade, Industry and Energy Lee Chang-yang, fifth from left, and Seoul Mayor Oh Se-hoon, seventh from left, pose during a VIP session prior to the 2022 Korea Times Forum at the Korea Chamber of Commerce and...
Gov't urged to ease Serious Accidents Punishment Act
The Federation of Korean Industries (FKI) is calling on the government to ease the Serious Accidents Punishment Act, arguing that the controversial law is ineffective in preventing industrial accidents and is only discouraging business activities, according to FKI officials, Monday. The FKI cited the vague language regarding punishment for the person in charge of management a...
Public expects huge economic effects from hosting World Expo 2030
A majority of people expect Korea to reap a great deal of economic benefits, including the creation of jobs and a tourism boom, from hosting the World Expo 2030, according to the Korea Chamber of Commerce and Industry (KCCI), Monday. Korea's largest business lobby group released the results of a two-week online survey on attracting the 2030 World Expo Busan, Monday, with 3,94...
Korean Air expands private business jet service
Korean Air is expanding its private jet business, introducing an additional B787-8 Dreamliner. Korean Air introduced the B787-8 (HL8508) business jet on June 10th, increasing the number of private business aircraft to four. The 787-8 is manufactured by Boeing of the United States. Unlike regular airplanes, the Dreamliner is modified for luxury purposes with seating greatly re...
KCCI chief, biz leaders join government campaign to attract World Expo 2030
Korea Chamber of Commerce & Industry (KCCI) Chairman Chey Tae-won, who also serves as the co-chairman of the Bid Committee for World Expo 2030 Busan, will visit Paris, France for four days with the aim of attracting World Expo 2030 to the Korean port city. This trip marks the SK Group Chairman's first official diplomatic effort since he took the position. Chey will take part ...
Why Posco O&M is willing to pay hefty price for Songdo golf course
Posco O&M's plan to purchase the Jack Nicklaus golf course (GC), an 18-hole membership golf course in Songdo, Incheon, for more than 300 billion won ($232.8 million) has been raising eyebrows among industry watchers as to why the steelmaker is willing to pay more than market price for a piece of reclaimed property. Some are speculating that the company may seek to turn the go...
Samsung, SK, Hyundai to hold management strategy meetings to prepare for crisis
Major companies are planning to hold multiple business strategy meetings to address the current business environment and refine business plans as they face numerous external difficulties including high inflation, a high exchange rate, a high interest rate and low growth.
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