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Hyundai Heavy Industries uses AI to create ‘smart’ vesselsIndustryJan 13, 2020Hyundai Heavy Industries, South Korea’s leading shipbuilder, said Monday that it had developed an optimal vessel operation system by equipping its generator-engine model with advanced information and... -
Starbucks Korea to hire handicapped baristas for regular employment in Q1RetailJan 13, 2020Starbucks Korea said Monday that it had begun its recruitment process for baristas with disabilities for the first quarter of this year. According to the coffee chain, it will accept applications st... -
Sephora opens 3rd shop in SinchonRetailJan 12, 2020Sephora opened its third shop Friday in Sinchon, a trendy university district, in collaboration with Hyundai Department Store. The 232-square-meter store is located on the first floor of Hyundai Dep... -
Lotte says Honey Butter Almonds sees high sales among foreignersRetailJan 12, 2020Lotte Mart said Sunday it will open two Honey Butter Almonds stores, following the snack’s popularity among foreign customers. According to the company, Honey Butter Almonds was recorded as the most... -
![[Feature] Soju goes ‘newtro’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/01/09/20200109000581_0.jpg)
[Feature] Soju goes ‘newtro’RetailJan 12, 2020Soju is going “newtro.” With the trend -- a combination of “new” and “retro” -- sweeping the South Korean retail scene, liquor makers have brought back new versions of discontinued soju. These produ... -
Shake Shack rolls out Roasted Garlic Mushroom BurgerRetailJan 12, 2020Shake Shack will roll out the limited-edition Roasted Garlic Mushroom Burger in South Korea on Monday. According to the chain’s Korean operator SPC Group, the burger is the first new menu item of th... -
Coupang prepares for IPO as early as 2021: reportRetailJan 9, 2020Korean e-commerce giant Coupang is preparing for an initial public offering as early as 2021, according to industry sources on Thursday. Citing anonymous officials, Bloomberg reported that Coupang h... -
Moon vows to promote new industries, regional economy in PohangIndustryJan 9, 2020President Moon Jae-in visited a special regulation-free district in Pohang, North Gyeongsang Province, on Thursday to highlight the need for bold action to encourage new industries and revitalize the... -
Korean construction firms on alert following Iran’s missile attack against USIndustryJan 8, 2020Following Iran’s latest attack against American military bases in Iraq, Korean construction companies operating projects in the Middle East are on high alert, according to industry sources Wednesday.... -
Shinsegae Department Store’s Gangnam branch records over W2tr in annual salesRetailJan 8, 2020Shinsegae Department Store said Tuesday its Gangnam branch recorded annual sales of 2 trillion won ($1.71 billion) in 2019, becoming the first single store to do so in the retail industry in South Ko... -
Positive outlook for Korean shipbuilders in 2020 with new sulfur capIndustryJan 7, 2020Korean shipbuilders, which secured over a third of new orders placed around the globe last year, are expected to lead the global industry in 2020 as well, especially with the new maritime cap regulat... -
Posco to donate A$500,000 for Australian bushfire reliefIndustryJan 7, 2020South Korea’s leading steelmaker Posco will donate 500,000 Australian dollars ($347,000) for Australian bushfire relief via its regional corporation there, the company said Tuesday. According to Pos... -
With Cherokee Trailhawk to debut this year, Jeep joins 10,000-unit clubTransportJan 6, 2020American classic sport utility vehicle brand Jeep sold 10,251 units in Korea in 2019, joining the “10,000-unit club” here for the first time, the company said Monday. The 10,000-unit mark is a stand... -
Samyang Group chairman vows bold investments, M&As in 2020RetailJan 3, 2020Samyang Group Chairman Kim Yoon said in his New Year’s address that the company would overcome challenges and prepare for the future this year. During a New Year’s meeting on Thursday, he also vowed... -
McDonald’s McCafe launches decaf coffee drinksRetailJan 2, 2020McDonald’s said Thursday that its coffee brand McCafe has newly launched decaffeinated coffee drinks with the aim of attracting local customers who are sensitive to caffeine and heavy coffee drinkers...
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