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Mon, April 23, 2018 | 22:40

Biz & Tech > Light industries >

[EXCLUSIVE] ST Unitas blasted for worker's suicide

The nation's largest education service firm ST Unitas came under fire for forcing one of its employees to work excessively long hours, leading her to commit suicide.

Light industries | 2018-04-23 16:51

CJ, Lotte, Megabox accused of collusion

The People's Solidarity for Participatory Democracy said Monday it reported CJ CGV, Lotte Cinema and Megabox to the Fair Trade Commission (FTC) over allegations the cinema chains colluded to fix the prices of movie tickets. The civic group urged the nation's antitrust watchdog to investigate the country's top three multiplex operators as soon as possible, saying the three com...

Light industries | 2018-04-23 16:01

Songdo set to attract global biopharmaceuticals

The Incheon Free Economic Zone (IFEZ) Authority said Monday it recently held the Global Bio Hub Symposium at Songdo Convensia to sign agreements with academic and research institutes in the Songdo International Business District (IBD) for the successful development of the district's bio industry.

Light industries | 2018-04-23 15:04

Celltrion's Truxima wins approval in Australia

Celltrion said Sunday it has recently won approval from the Australia's Therapeutic Goods Administration for the sale and marketing of Truxima, the Korean biopharmaceutical firm's cheaper biosimilar copy of Rituxan which was developed by Biogen and marketed by Roche.

Light industries | 2018-04-22 17:00

Startup CEO resigns over 'gapjil' controversy

The CEO of Sellev, an online media company that has garnered more than 1.1 million followers on Facebook with people's success stories, has made headlines this week with his epic failure.

Light industries | 2018-04-22 16:56

Korean washer exports to US halved after safeguard action

South Korean washer exports to the United States plunged 45.4 percent on-year as safeguard measures took effect, an international traders organization here said Sunday. The data released by the Korea International Trade Association (KITA) showed outbound shipments standing at around $30 million in the first three months of 2018 compared to $55 million a year earlier.

Light industries | 2018-04-22 13:59

Skincare products, equipment target mass

Korean cosmetics have earned a reputation for its spirit of innovation. Of late, more niche products are becoming popular, like the ampoule, the concentrated serum and home-beauty equipment like LED masks.

Light industries | 2018-04-22 11:45

Korea's domestic ramyun sales down in 2017

Sales of ramyun instant noodles decreased for the first time in three years in 2017 with the overall market size falling after posting steady gains, market data showed Sunday. Industry sources, citing figures released by Nielsen Korea, said total sales of the country's leading ramyun manufacturers -- Nongshim Co., Ottogi Ltd., Samyang Corp. and Paldo Co. -- stood at 1.98 tril...

Light industries | 2018-04-22 11:37

[INTERVIEW] Fedeli returns to Korea with new partnership

It was not easy for Fedeli to attract Korean consumers until 2016. Back then, the Italian luxury brand experienced failure in its partnership with Shinhwa Korea, a local importer that stopped distributing Fedeli's products because of the declining demand for premium cashmere in this country. Two years later, the 84-year-old family-owned business has made a comeback in the Kor...

Light industries | 2018-04-20 18:48

Philips Korea executive assaults employee

A senior executive at Philips Korea assaulted two team leaders at a get-together, raising public anger against abuse of power which has already been heightened due to the misbehavior of an heiress of Korean Air.

Light industries | 2018-04-20 18:10

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Missile attack on Syria