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Posco promotes construction steel brand Innovilt as next-generation productIndustryMay 7, 2020“We will focus the capabilities of our group affiliates to produce premium construction steel products that meet the future construction market trends” calling for safe, environment-friendly products... -
KT&G donates COVID-19 test kits worth W100m to IndonesiaIndustryMay 6, 2020South Korean tobacco giant KT&G said Wednesday that it had donated 100 million won ($81,780) worth of COVID-19 test kits to Indonesia, where it has a corporate body. According to the company, it del... -
Flour power: Hipsters warm to retro gimmicksRetailMay 5, 2020HiteJinro, a liquor maker, also rolled out backpacks designed to resemble a carton of its flagship soju Chamisul in collaboration with fashion e-commerce platform Musinsa. It came complete with a key... -
Retailers roll out Family Month promotionsRetailMay 4, 2020“We are presenting the discount event so that customers can deliver their gratitude to their loved ones during Family Month,” a Lotte Food official said. The 7-Eleven convenience store chain is rele... -
Coupang launches same-day delivery for fresh groceriesRetailApr 29, 2020South Korean e-commerce platform Coupang launched a same-day Rocket Fresh service Wednesday. The service will allow customers who order fresh food items before 10 a.m. to receive them by 6 p.m. The ... -
Hyosung to build world’s largest liquid hydrogen plant in UlsanIndustryApr 28, 2020South Korean textile and chemical conglomerate Hyosung Group announced Tuesday its plan to build the world’s largest liquid hydrogen plant in Ulsan in cooperation with global chemical company Linde. ... -
Mercedes-Benz Korea ups donation upon pandemicTransportApr 27, 2020In line with its expansion of social responsibility programs, Mercedes-Benz Korea said Monday it is saving a percentage of revenue from car sales from March to May with a goal of donating over 1 bill... -
South Korea’s online shopping rate ranks world’s second amid COVID-19RetailApr 27, 2020South Korea’s online shopping rate was listed as second highest in the world amid the COVID-19 pandemic, a research firm said Monday. According to dunnhumby, a global customer data science company ,... -
Posco invests in safety-first measuresIndustryApr 26, 2020Two years into his term as chief of Korea’s largest steelmaker Posco, Chairman Choi Jung-woo continues to stress the company’s priority on safety, according to the firm on Sunday. This is highlighte... -
SK E&C offers clean living environment with ‘smart’ construction techIndustryApr 26, 2020SK Engineering and Construction said Sunday it aims to create a clean living environment for residents with its newly developed anti-viral air circulation system. The company said it developed the C... -
Home-shopping livestreaming by department stores picks up paceRetailApr 25, 2020The livestream marketing is receiving some positive results amid the COVID-19 outbreak, as people get indirect shopping experiences at home. Lotte Department Store runs “100LIVE,” a webcast channel ... -
Hyundai Steel bleeds with W29.7b operating loss in Q1IndustryApr 24, 2020Hyundai Steel said Friday its operating loss stood at 29.7 billion won ($24 million) with a net loss of 115.4 billion won in the first quarter this year. According to the South Korean steel producer... -
Posco’s operating profit drops 41% in Q1IndustryApr 24, 2020South Korea’s largest steel producer Posco said Friday its operating profit in the first quarter posted 705.3 billion won ($570.8 million), down 41 percent on-year. The company logged 14.5 trillion ... -
Samsung C&T goes all-out to win new Banpo reconstruction bidIndustryApr 22, 2020Samsung C&T proposed Wednesday a construction plan in which all its affiliates participate to create a “landmark” apartment complex in Banpo, Seoul, as part of an all-out effort as it seeks to win th... -
Amorepacific announces ‘less plastic’ campaign on Earth DayRetailApr 22, 2020Amorepacific Group, a leading cosmetics company here, announced a plan on Wednesday to use less plastic to safeguard health and the environment. Wednesday was Earth Day. The company’s “less plastic”...
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05Moon calls for UN’s support for ending Korean War
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