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Vice Chairman Shin Dong-won of Nongshim Group. (Photos: Nongshim) With the global economic downturn expected to accelerate due to the spread of the novel coronavirus, Korean food companies are forced to make changes in their strategies. Nongshim, the nation¡¯s No. 1 instant noodle maker, plans to ra¡¦
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An image shot of Korean red ginseng.As fears over the spread of the novel coronavirus spread around the world, countries are devoting themselves to overcoming hardships caused by the virus. On top of state-led efforts, individuals are paying more attention to their personal hygiene, such as wearing ¡¦
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POSCO Chairman Choi Jeong-woo. POSCO held the 2nd INNOVILT brand committee meeting on April 28 and put 27 products under the brand ¡°INNOVILT,¡± POSCO¡¯s premium brand for steel products for construction. The items totaled 50 products from 31 companies, including 23 selected in the first quarter of ¡¦
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An aerial view of Samsung Electronics¡¯ Pyeongtaek Campus. (Photos: Samsung Electronics)Samsung Electronics plans to build a new foundry production line-up in Pyeongtaek, Gyeonggi-do to satisfy rising global demand for state-of-the-art extreme ultraviolet (EUV) solutions. The step will enable Samsun¡¦
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Hyundai Motor Group Executive Vice Chairman Chung Ui-sun and Hankook Technology Group Vice Chairman Cho Hyun-shik shakes hands after signing a deal to build a driving center, named the HMG Driving Experience Center, at a ceremony at the group headquarters in Yangjae-dong, Seoul, on June 17. (Photo: ¡¦
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LG Chem Vice Chairman Shin Hak-cheol receives a briefing on the EV battery pack housing as he tours Dongshin Motech located in Haman,Gyeongsangnam-do. LG Chem plans to focus on the new material business OLED and EV batteries.LG Chem is tying loose ends in the disposal of a major business in the LCD ¡¦
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Lotte Group Chairman Shin Dong-bin looks at a coding examiner as he toured a smart factory of Lotte Chilsung Beverage Co. on June 3. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-bin toured a production line at Lotte Chilsung Beverage Co., which celebrated its 70th anniversary last month. Chai¡¦
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Chairman Lee Jay-hyun of CJ Group. (Photos: CJ Group)CJ Cheiljedang has released the next-generation natural seasoning brand TasteNrich. TasteNrich is a fully natural flavoring made with the fermentation of sugar cane and other vegetable ingredients. CJ Cheiljedang¡¯s new natural seasoning is consid¡¦
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A view of IOPE Lab in Myeongdong, downtown Seoul, which is run by Amorepacific. (Photos: Amorepacific)IOPE Lab in Myeongdong, downtown Seoul, which is run by Amorepacific, was opened on May 6 after it underwent a renovation. Advanced instruments of IOPE LAB have already measured and diagnosed skin c¡¦
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Jin Ok-dong, chairman of Shinhan Financial Group and Jung Sang- hyeok, president of Shinhan Bank poses for a photo with Lee Chan-jin, governor of the Financial Supervisory Service, Ryu Je-myeong, second vice minister of science and ICT and Kim Young-¡¦
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Hwang Ki-yeon, president of Korea Eximbank poses for a photo with Rosan Roeslani, CEO of Danantara Sovereign Wealth Fund after signing an MOU in the presence of Korean President Lee Jae-myung and Indonesian President Prabowo Subianto at Chung Wa Dae ¡¦
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Park Sang-jin, chairman of KDB poses for a photo with Lee Eok-won, chairman of the FSC, Jang Jae-hoon, vice chairman of Hyundai Motor Group, Jang Min-young, president of IBK, Hwang Ki-yeon, president of Korea Eximbank and Kang Seung-jun, chairman of ¡¦
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KAMCO President Jeong Jeong-hoon delivers a speech during KAMCO¡¯s 64th anniversary ceremony at KAMCO Maru at the Busan International Financial Center (BIFC) on April 6. (Photo: KAMCO)Korea Asset Management Corporation (KAMCO) held a commemorative ce¡¦
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