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Sat, April 21, 2018 | 22:32

Biz & Tech > Light industries >

McDonald's Korea serves as socially responsible partner

McDonald's opened its first Korean store in 1988, the year of the Seoul Summer Olympics. To celebrate its 30th anniversary in Korea and the second Olympics held here, the U.S. fast food chain's local subsidiary said it is doing its best for the success of the 2018 PyeongChang Winter Olympics and Paralympics. One of its efforts is donating Olympic tickets to needy people.

Light industries | 2018-02-19 10:20

McDonald's wins hearts of athletes, spectators

McDonald's, an official sponsor of the 2018 PyeongChang Winter Games, has been running two restaurants in Gangwon Province to commemorate the nation's first Winter Olympics. The one at Gangneung Olympic Park features a unique design resembling the U.S. fast food chain's value meal, which is composed of a hamburger, French fries and a beverage. According to the company, it has...

Light industries | 2018-02-19 10:19

CBRE Korea to manage FKI Tower

CBRE Korea, a local unit of a Los Angeles-based commercial real estate services company, has won a bid to manage the Federation of Korean Industries (FKI) Tower in Yeouido, Seoul, the company said Tuesday. The management services include improving its profitability and asset value, it added. The FKI Tower is a 50-story prime office building on 168,681 square meters of land lo...

Light industries | 2018-02-13 12:45

Noh to lead KPC for next 3 years

Prof. Noh Kyoo-sung of Sun Moon University will lead the Korea Productivity Center (KPC) for the next three years.

Light industries | 2018-02-12 15:09

Dayou Group to acquire Dongbu Daewoo Electronics

Mid-size conglomerate Dayou Group is moving to become the nation's third-largest home appliance manufacturer by acquiring a majority stake in Dongbu Daewoo Electronics. The group had already acquired the domestic-focused home appliance maker Dayou Winia, known for its Dimchae kimchi refrigerator, in 2014.

Light industries | 2018-02-12 15:05

Lotte chairman to conduct sports diplomacy at PyeongChang

Lotte Group Chairman Shin Dong-bin will stay at PyeongChang during the entire Olympic period to carry out active sports diplomacy, according to company officials. The Winter Olympics began Friday and will close Feb. 25.

Light industries | 2018-02-09 07:51

Red ginseng hits shelves in cosmetic stores

Korea Ginseng Corp (KGC), the nation's leading health supplement maker with its flagship brand CheongKwanJang, is now branching out into the cosmetic market with red ginseng facial care products.

Light industries | 2018-02-07 20:06

Billionaire doctor set to buy LA Times

Biotech billionaire Patrick Soon-Shiong is close to purchasing the Los Angeles Times from its parent company Tronc, the paper reported Tuesday (local time). Soon-Shiong, who made his fortune with a blockbuster cancer drug, also reportedly plans to buy the San Diego Union-Tribune.

Light industries | 2018-02-07 15:06

CHA Medical Group enters Australian fertility market

CHA Medical Group (CMG) has acquired the largest stake in a leading sub-fertility treatment center in Australia, becoming Korea’s first medical institution to enter the Australian market. CMG announced last week that CHA Healthcare, its joint venture with Singapore Medical Group, has acquired 65 percent of CFC Global, which runs seven fertility clinics in Australia.

Light industries | 2018-02-05 15:58

Bayer joins KOTRA for nurturing digital healthcare startups

Bayer Korea said Monday it opened applications for a support program for startups in the digital healthcare and smart farm sectors. The program, titled Grants4Apps Korea, is run by Bayer Korea and the Korea Trade-Investment Promotion Agency (KOTRA) and is aimed at helping domestic digital healthcare startups develop their businesses and enter the market. This is the second round of Grants4Apps Korea, which made successful results in its inaugural round in 2017.

Light industries | 2018-02-05 12:25

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Missile attack on Syria