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KT&G posted operating profit for the 3rd quarter amounting to 382.4 billion won, up 7.2 percent YoY with sales rising to 1.322,1 trillion won, up 11.8 percent YoY in the same period. The increases were due to boosts in the sales of new cigarette brands such as “Legion Fiber,” raising the tobac…
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President Huh Se-hong of GS Caltex.GS Caltex will offer at least 100 billion won ($84.3 million) in green bonds to invest in eco-friendly production facilities, the oil refinery said in mid-October.Green bonds allow companies to borrow money at lower interest rates for eco-friendly products or servi…
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A view of the AmorePacific building in Seongsu-dong, Seoul.There are many sides to Seongsu-dong, but perhaps it is most commonly known for its alleys and one 40-year-old factory. Every weekend, its streets are thronged with artists and fashionistas who give the area a lively and bustling atmosphere.…
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Korean top managers, including Vice Chairman Huh Myung-soo of GS E&C and concurrently chairman of Korea Business Council for Sustainable Development (KBCSD), gesture as they attend the Sustainable Business Innovation Forum, hosted by KBCSD in Seoul on Oct. 25. (Photo: KBCSD)Top managers in Korea…
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A bird’s eye view of the former OCI Plant complex in the Yongin and Hakik No.1 Bloc Region(1.5 million sq. meters) in Incheon where a mini new city with 13,000 new residential houses are to be built. (Photo: HDC)Vice Chairman and CEO Lee Woo-hyun of OCI. (Photo: OCI)A former site of the OCI plant c…
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LS Group Chairman Christopher Koo makes an inspection tour to a specialized cable production line of LS Hongqi Cable & System, a Chinese operation of LS Cable & System (LS C&S) in Yichang City, HUbei Province, China, on Oct. 10. (Photos: LS Group)LS Group Chairman Christopher Koo toured …
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A view of the building in Seoul where CJ Cheiljedang has offices. (Photo: CJ)CJ Cheiljedang Corp. on Nov. 11 reported its third-quarter net income of 17.1 billion won (US$ 14.6 million), down 85.9 percent from a year earlier on sales of 5.858,1 trillion won, up 18.5 percent YoY. The company said in …
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A view of Asiana Airlines headquarters in Gangseo-gu, Seoul. (Photo: Asiana Airlines)The consortium of Hyundai Development Co. (HDC) and Mirae Asset Daewoo has been selected as the preferred bidder to take over Asiana Airlines. Kumho Industrial Co. announced Nov. 13 that the HDC-led consortium has b…
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Executive Vice Chairman Chung Ui-sun of Hyundai Motor Group explains the strategy for future cars on Oct. 15 at the ceremony for announcing the National Strategy for Future Cars. (Photo: HMG)Hyundai Motor Company announced key investments into three hydrogen companies - Impact Coatings, H2Pro and GR…
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Samsung Electronics logged 62 trillion won in third quarter consolidated quarterly revenue and 7.78 trillion won in quarterly operating profit, according to financial results ending Sept. 30 announced by the electronics giant. Third quarter profit fell sharply from a year earlier, but improved …
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Panelists and other participants pose at the 2025 Long-Term Care Policy Forum at the aT Center in Seoul on July 15. (Photo: NHIS)Prof. Nam Hyun-joo, dean of Gachon University’s Graduate School of Social Policy, said, “The expanding of services tail…
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ChongKunDang Chmn. Lee Jang-han gives his commemorative speech at a ceremony to ChongKunDang ‘s newly changed CI and celebrate the 84th anniversary at its headquarters in Chungjeong-ro, Seoul, on May 7. (Photo: ChongKunDang)ChongKunDang has introduc…
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AbTis, a subsidiary of Dong-A ST, has been awarded with the Korean “ARPA-H Project.” A researcher with AbTis is engaged in research. (Photo: Dong-A ST)AbTis, a core subsidiary of Dong-A ST, is setting its sights on space. Industry sources said…
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종근당고촌재단(이사장 정재정)은 2월 28일 서울 충정로 종근당 본사에서 ‘2025년도 장학증서 수여식’을 가졌다.종근당고촌재단은 올해 신규로 선발된 116명을 포함한 장학생 409명에게 졸업 때까지 장학금 및 무상기숙사를 지원한다. 선발된 장학생 중 174명에…
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