The Korea Herald

BUSINESS

LATEST NEWS

SK Innovation launches mangrove swamp restoration campaign

South Korean oil refiner SK Innovation has started a mangrove tree donation campaign on its Facebook page to restore the mangrove swamp in Vietnam, the company said Wednesday. The event aims to rais...

Jul 18, 2018
Industry
Posco’s CSR project introduced as model example at UN

Posco’s Steel Village project was introduced as an outstanding example of corporate social activity at a high-level political forum on sustainable development hosted by Korea’s Ministry of Foreign Af...

Jul 18, 2018
Industry
KCCI chairman urges new policy work to spur growth at Jeju Forum

Business leaders gather for annual forum amid rapid shift in corporate culture

Jul 18, 2018
Industry
[Advertorial] GS chief highlights balance in business portfolio

GS Group Chairman Huh Chang-soo on Wednesday called for balance in the group’s business portfolio and its ecosystem for growth in a rapidly changing environment. At a quarterly meeting attended by a...

Jul 18, 2018
Industry
Lotte Liquor’s Kloud beer sells 41,000 boxes in Cambodia

Lotte Liquor, a unit of Lotte Chilsung Beverage, said Wednesday that over 41,000 bottles of Kloud beers were sold in Phnom Penh, Cambodia, just five months after its launch there. Models pose in fro...

Jul 18, 2018
Industry
G-Smatt Global signs MOU for joint corporation in Middle East

G-Smatt Global, a South Korean company that manufactures and distributes complementary metal oxide semiconductor image sensors, said Wednesday that it signed a trilateral memorandum of understanding ...

Jul 18, 2018
Industry
Kakao Friends gets new name Kakao IX after takeover

Following an inter-subsidiary acquisition, Kakao Friends, a character licensing subsidiary of mobile software giant Kakao, changed its name to Kakao IX on Wednesday. Kakao IX is short for Kakao Innov...

Jul 18, 2018
Industry
Ministry seeks to selectively permit marijuana-based drugs

In South Korea, marijuana is a strictly banned substance. Even when the purpose is clearly medical, using and importing the herb in any form is a criminal offense. But this is set to change, as local...

Jul 18, 2018
Industry
Daewoong Pharma promotes botulinum toxin Nabota at IMCAS Asia

South Korea’s Daewoong Pharmaceutical said Wednesday that it has promoted the safety and efficacy of its botulinum toxin product Nabota that is approaching US approval during IMCAS Asia 2018, an annu...

Jul 18, 2018
Industry
Private deals make up bulk of chaebol's internal trading: data

Private contracts accounted for the bulk of transactions among affiliates of South Korea's major family-controlled conglomerates in 2017, data showed Wednesday, fueling criticism of their shady busin...

Jul 18, 2018
Industry
Kakao's character licensing arm gets new name: 'Kakao IX'

Kakao Friends Corp., a character licensing arm under South Korea's top mobile messenger operator Kakao Corp., said Wednesday it has decided to change its name to Kakao IX after merging with JOH, a br...

Jul 18, 2018
Industry
Processed food prices jump on rising costs

Prices of processed foods and eating-out costs in South Korea have been rising sharply this year due to increased labor and raw material expenses, industry sources said Wednesday. The government rai...

Jul 18, 2018
Industry
#(NEW) [News Focus] LG Uplus to grow under leadership of new CEO Ha

[News Focus] LG Uplus to grow under leadership of new CEO Ha Kicker: Position swap at LG leads to numerous speculations By Song Su-hyun The latest reshuffle of the top brass of LG Group is raising...

Jul 17, 2018
Industry
Coupang launches Coupang Partners for online affiliate marketing

South Korea’s e-commerce company Coupang said Tuesday it has launched an online affiliate marketing service called Coupang Partners. (Coupang) Coupang Partners aims to help content creators and soc...

Jul 17, 2018
Industry
SK Group denies takeover of Asiana Airlines

SK Group, South Korea’s third-largest conglomerate by assets, denied that it had plans to acquire Asiana Airlines, in response to the Korea Exchange’s inquiry following media reports. (Sk Group) (As...

Jul 17, 2018
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114