Dedicated pouches are also on the offer
Korea Ginseng Corporation (KGC) announced on March 13 that the company had launched a new red ginseng product to meet the rising demand at duty-free shops.
The Korean red ginseng extract product, dubbed “Everytime...
South Korean conglomerate meets first family feuds
South Korea’s LG Group Chairman Koo Kwang-mo faced an inheritance litigation Friday from his adoptive mother and two sisters. It is the fourth-largest conglomerate in the country.
Chairman Koo received around 75 percent of...
State-backed outfit strives to strengthen consumer protection
The Korea Deposit Insurance Corporation (KDIC) announced on March 8 that the entity had worked on the idea of expanding the coverage of deposit insurance.
KDIC President Yoo Jae-hoon made the remarks during a...
Two countries will encourage development of hydrogen economy
H2Korea announced on March 9 that the state-backed organization would hold a conference about the hydrogen economy next week, along with delegates from the Netherlands.
Organized by the parliamentary hydrogen economy forum and...
More companies tap into auto industry
South Korean home appliance maker LG Electronics announced on March 9 that it had launched its Vietnamese affiliate to strengthen its automotive parts business.
LG noted that the new subsidiary in Hanoi would be tasked...
AMCHAM encourages member corporations to follow its suit
The American Chamber of Commerce in Korea (AMCHAM) announced on March 8 that it would donate to Korean victims of forced workers during Japan’s colonial rule in 1910-45.
The organization said that it...
Korean outfit strives to support kids in Seoul
South Kora’s Sampyo Group announced on March 6 that the outfit had donated satchels and school supplies to needy children in Seoul in time with the new semester.
The donated ones would be...
Free network connection speed will more than double
South Korea’s top telecom company KT announced on March 2 that it had joined hands with U.S. chipmaker Intel to introduce Wi-Fi 7 technology, which is more than two times faster than...
Korean retail giant turns profit for 2 straight quarters
South Korean online retailer Coupang announced on March 1 that it had chalked up record sales last year at $20.58 billion, up 26 percent from a year before.
The 2022 net loss...
Preed vies to become total life-care company
According to Statistics Korea, the number of those who are aged 65 or older is expected to reach 10 million by the mid-decade, making the country one of the fastest-aging societies in the...
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Samsung to spend $230 billion to build 5 new factories
Korean firm strives to remain ahead of the curve
South Korea’s Samsung Electronics announced on March 15 that it would invest $230 billion to build...
