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Reporter : Kim Hyun-bin
Mon, February 26, 2024 | 16:51
Homeplus appeals to customers with good-quality, low-price products
Homeplus initiated a "price stabilization project" for the first time among all large retail stores in Korea last year to alleviate the burden of rising prices. It plans to maintain the project this year to help customers deal with high prices. The project has been successful due to the popularity of the company's private brand, Homeplus Signature, which has seen a 33 percent...
POSCO becomes Korea's 5th largest conglomerate, surpassing Lotte
POSCO has become Korea's fifth largest business group in terms of asset size, surpassing Lotte Group, which had maintained the title of one of the nation's top five conglomerates since 2010, according to the country's antitrust agency, Tuesday.
Chaebol tycoons visit US with IRA, CHIPS Act in mind
A total of 122 Korean business leaders, including the heads of major business groups, are accompanying President Yoon Suk Yeol on his state visit to the United States hoping to find better business opportunities in the world's largest economy, according to industry officials, Monday. Topping their agenda is the Inflation Reduction Act (IRA), the CHIPS and Science Act and othe...
Hyundai Motor Group wins 5 awards at Red Dot, Car Design awards
The Hyundai Motor Group car brands - Hyundai Motor, Kia Corp. and Genesis - have pulled in five awards at the Red Dot Awards and the Car Design Awards, which are renowned world-class design awards, according to the company, Monday.
POSCO to establish disaster preparedness communication system with major telecoms companies
POSCO plans to improve mobile phone communication networks for disasters and to quickly restore communication in cases of an emergency at its steel mills, according to the steelmaker, Friday.
KITA checks corporate response to EU regulations in Hungary, Poland, Slovakia
The Korea International Trade Association (KITA) dispatched economic missions to three Central European countries - Hungary, Poland and Slovakia - from April 18 to 21 to check how the new EU regulations will affect Korean companies there as well as to discuss cooperation, according to the business lobby group, Friday.
Korean, Japanese businesses to form study group for cooperation in energy, batteries, chips
Korean and Japanese businessmen have established a study group to find new areas of economic cooperation in areas including energy, batteries and semiconductors, according to the Korea Chamber of Commerce and Industry (KCCI), Thursday.
[TEST DRIVE] Porsche Boxster GTS 4.0 packs sportiness, luxury in one
Jeju - Porsche is known for its commitment to engineering excellence, with a focus on creating cars that offer exceptional performance, handling and driving dynamics. To best experience the brand's sportiness and luxury all at once, the 718 Boxster GTS 4.0 convertible is the way to go.
Samsung, LG unveil videos dedicated to Korean War veterans at Times Square
Samsung Electronics and LG have released videos commemorating the 70th anniversary of the Korea-U.S. alliance, expressing respect and gratitude to Korean War veterans at Times Square in New York, company officials said Thursday.
POSCO aims to build energy value chain in Gwangyang
Steelmaker POSCO plans to construct cutting-edge industrial facilities at a site adjacent to its existing blast furnace in Gwangyang, South Jeolla Province, aiming to create an energy value chain. The site is expected to play an important role in POSCO Group securing a competitive edge as an eco-friendly manufacturer of cutting-edge materials.