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Reporter : Park Jae-hyuk
Thu, February 22, 2024 | 19:58
Kakao to beef up reform drive in 2024
Kakao is preparing for various reform measures this year to reverse the negative public sentiment toward the company, which worsened last year in the aftermath of a series of alleged irregularities involving its top executives, according to industry officials, Monday.
Korea searches for better ways to embrace foreign workers
The year 2024 is expected to be the first year where the number of foreign workers in Korea surpasses 1 million.
Korean battery industry braces for Trump’s possible reelection in 2024
Korean electric vehicle (EV) battery makers and materials suppliers are expected to reach a crossroads in 2024, the biggest voting year in history, as more than 70 countries are scheduled to hold elections, according to industry officials, Friday.
POSCO defends chairman from state pension fund’s attack
POSCO Group made an unusual comment on Friday, refuting the National Pension Service’s (NPS) claim that the steelmaker is suspected of using unfair methods to reappoint the incumbent chairman, Choi Jeong-woo, to lead the nation’s fifth-largest business group over the next three years.
Hillstate the Unjeong attracts residents with various amenities
Hyundai E&C started selling 744 apartments of Hillstate the Unjeong in Paju, Gyeonggi Province, after it finished selling 2,669 studio flats in the apartment complex comprised of 13 buildings, each of which is 49 stories tall with an additional five basement levels, the company said Thursday.
Samsung Heavy, Hanwha Ocean fail to achieve 2023 order targets
Samsung Heavy Industries and Hanwha Ocean have failed to meet their annual targets for shipbuilding orders this year as of Thursday, despite favorable market conditions, according to industry officials.
Lotte diversifies business portfolio to enhance customer experience
Lotte Group will invest 37 trillion won ($29 billion) over the next five years in health and wellness, mobility, sustainability and new life platform businesses while enhancing its competitiveness in retail, logistics and food sectors to lead innovation and provide differentiated customer experience, the conglomerate said Wednesday.
Samsung, SK to benefit from US ban on China's legacy chips
Samsung Electronics and SK hynix are seen as beneficiaries of the U.S. government’s plan to tighten regulations on Chinese legacy chips, which is expected to result in banning American defense companies from importing semiconductors from China, according to securities analysts, Wednesday.
Selection of next POSCO chairman triggers controversy
Rumors including one involving a top presidential aide have been spreading since last Thursday when POSCO Group started a process to appoint its next chairperson, according to industry officials, Tuesday.
Korea to ramp up drive to win reconstruction projects in Ukraine next year
The Korean government and companies aim to step up efforts next year to join post-war reconstruction projects in Ukraine, although the ongoing war has made it difficult to commence projects this year, according to industry officials, Tuesday.
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