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Business/Company
A Cream Skin Laneige on Display. (Photo: Amore Pacific)The Cream Skin that Laneige put on the market only a year ago has already emerged as a representative product for the company. The Cream Skin is a product which embodies the philosophy of Laneige. Last October, the product was put on the market …
An ad for Champ Cough, a cold remedy for children’s cold such as coughing, asthma, and sputum. (Photo: Dong-A Pharmaceutical)Dong-A Pharmaceutical Co. announced on Nov. 11 a cough syrup, “Champ Cough,” has been put on the market. The syrup-type cold remedy is designed to treat children’s colds.T…
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…
President Huh Se-hong of GS Caltex.GS Caltex will offer at least 100 billion won ($84.3 million) in green bonds to invest in eco-friendly production facilities, the oil refinery said in mid-October.Green bonds allow companies to borrow money at lower interest rates for eco-friendly products or servi…
A view of the AmorePacific building in Seongsu-dong, Seoul.There are many sides to Seongsu-dong, but perhaps it is most commonly known for its alleys and one 40-year-old factory. Every weekend, its streets are thronged with artists and fashionistas who give the area a lively and bustling atmosphere.…
Korean top managers, including Vice Chairman Huh Myung-soo of GS E&C and concurrently chairman of Korea Business Council for Sustainable Development (KBCSD), gesture as they attend the Sustainable Business Innovation Forum, hosted by KBCSD in Seoul on Oct. 25. (Photo: KBCSD)Top managers in Korea…
A bird’s eye view of the former OCI Plant complex in the Yongin and Hakik No.1 Bloc Region(1.5 million sq. meters) in Incheon where a mini new city with 13,000 new residential houses are to be built. (Photo: HDC)Vice Chairman and CEO Lee Woo-hyun of OCI. (Photo: OCI)A former site of the OCI plant c…
LS Group Chairman Christopher Koo makes an inspection tour to a specialized cable production line of LS Hongqi Cable & System, a Chinese operation of LS Cable & System (LS C&S) in Yichang City, HUbei Province, China, on Oct. 10. (Photos: LS Group)LS Group Chairman Christopher Koo toured …
A view of the building in Seoul where CJ Cheiljedang has offices. (Photo: CJ)CJ Cheiljedang Corp. on Nov. 11 reported its third-quarter net income of 17.1 billion won (US$ 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 …
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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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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