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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Fri, March 24, 2023 | 05:35

SPC opens first Paris Baguette store in Canada

SPC opens first Paris Baguette store in Canada

SPC, a Korean food manufacturer and confectionery, opened its first Paris Baguette store in Toronto, the company said Thursday. The company opened its Yonge & Sheppard 214 square meter branch on the first floor of Yonge Shopping Centre in Toronto, Wednesday (local time).

2023-03-23 17:01

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to assist hums with AI, machine learning, not replace it

Workday aims to augment human intelligence with artificial intelligence (AI) and machine learning (ML), instead of replacing people, as the U.S.-based human resources and finance management software maker thinks the emerging technologies need to be human-centric and trustworthy, the chief technology officer of the company's Asia Pacific and Japan region said, Thursday.

2023-03-23 16:54

KT CEO nominee offers to resign

KT CEO nominee offers to resign

KT's group transformation division head Yun Kyung-lim, who was nominated as the telecommunication firm's next CEO on March 7, indicated his intention to give up the company leadership for the next three years, during Wednesday's breakfast meeting with the board members, according to industry officials, Thursday.

2023-03-23 16:39

Hyundai Motor makes used car business official

Hyundai Motor makes used car business official

Hyundai Motor has added financial product sales and auto dealership businesses to its list of corporate activities, in a declaration to enter the used car market, the auto giant said on Thursday. Among its new growth objectives was the auto giant becoming a leader, defined by software-centered operation. The plan, according to the firm, is a gradual step towards transitioning...

2023-03-23 16:37

HLB's US subsidiary promotes efficacy of liver cancer drug Rivoceranib

HLB's US subsidiary promotes efficacy of liver cancer drug Rivoceranib

HLB, a global biopharmaceuticals company, said Thursday that its U.S. subsidiary Elevar Therapeutics announced the efficacy and safety of the Rivoceranib liver cancer drug at a biopharmaceutical symposium in Washington, D.C. This comes as part of the Korean biotech company's efforts to promote the drug ahead of applying for new drug application (NDA) with the U.S. Food and Dr...

2023-03-23 16:24

Will Apple Pay launch boost local iPhone sales?

Will Apple Pay launch boost local iPhone sales?

Market analysts are divided over whether iPhone sales will dramatically increase to over 30 percent of the total market share in Korea after the launch of Apple Pay, a contactless mobile payment service provided by global tech titan Apple, two days ago. Most said, Thursday, that an Apple Pay-driven increase in local sales of the iPhone will not dramatically increase, not at l...

2023-03-23 16:21

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

Samsung, SK chiefs prepare for trips to China amid intensifying 'chip war'

All eyes are on the heads of Samsung and SK and how they will overhaul their semiconductor businesses in China, during their highly probable trips to the country later this month. This comes amid the U.S. government's intensifying efforts to restrain the growth of the Chinese chip industry.

2023-03-23 15:40

KOTRA attracts logistics investments

KOTRA attracts logistics investments

Kim Tae-hyung, front row fifth from left, commissioner of the Korea Trade-Investment Promotion Agency's (KOTRA) Invest Korea, poses with participants of the Global Logistics Investors Roundtable at Westin Josun Seoul, Thursday. KOTRA said representatives from global logistics firms talked about Korea's status as Northeast Asia's logistics hub and their investment opportunitie...

2023-03-23 15:14

Korean bakery chain Paris Baguette opens 1st store in Canada

Korean bakery chain Paris Baguette opens 1st store in Canada

Korean food and beverage giant SPC Group on Thursday said its bakery chain Paris Baguette opened its first store in Canada.

2023-03-23 11:55

Retailers rush to adopt Apple Pay system

Retailers rush to adopt Apple Pay system

Local retailers are preparing to introduce Apple Pay at their stores as the long-awaited mobile payment service has finally landed in Korea, industry officials said Wednesday. SPC Group's information technology service and marketing subsidiary Secta9ine has already adopted the Apple Pay system at more than 7,000 SPC-affiliated brand stores nationwide, including Paris Baguette...

2023-03-23 08:21

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