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Biz & Tech

Retail & Food

Fri, June 5, 2020 | 05:37

Drive-thrus booming in Korean society amid virus scare

Drive-thrus are spreading across many sectors of South Korean society lately, following the success of the nation's drive-thru coronavirus testing centers that have been praised by foreign media for their safety, efficiency and speed.

2020-03-21 12:45

Samsung Biologics to add new contract drug-making plant

Samsung Biologics to add new contract drug-making plant

Samsung Biologics said Friday that it will establish a fourth drug manufacturing plant to expand its capacity in contract-based drug production.

Baek Byung-yeul | 2020-03-20 15:24

Shin Dong-bin to lead Japanese Lotte Holding

Shin Dong-bin to lead Japanese Lotte Holding

Lotte Group said Thursday its chairman Shin Dong-bin has been appointed to lead its Japanese holdings firm. Shin's term will commence on April 1. Japan's Lotte Holdings was previously led by founder Shin Kyuk-ho, who died in January. The founder became honorary chairman in 2017 and the chairman position has been empty since his departure. Shin Dong-bin was serving his term as...

Kim Jae-heun | 2020-03-19 17:44

E-Mart will not request Ba1 rating withdrawal

E-Mart will not request Ba1 rating withdrawal

E-Mart will not request Ba1 rating withdrawal

E-Mart will not request Moody's Investors Service withdraw its Ba1 corporate family rating (CFR).

Kim Jae-heun | 2020-03-19 17:43

Shin Dong-bin to lead Japanese Lotte Holding

Coupang's Nasdaq listing next year 'unlikely'

Coupang's Nasdaq listing next year 'unlikely'

Rumors circulated that the country's leading e-commerce operator Coupang will go public on the Nasdaq next year to raise funds as its accumulated deficit reached nearly 3 trillion won. Bloomberg also reported in January, citing an anonymous insider, that the e-commerce company has already begun revising its tax structure to prepare for its initial public offering (IPO). Howev...

Kim Jae-heun | 2020-03-18 09:43

JTI to open internship program

JTI to open internship program

Leading tobacco and vaping company JTI will host a global internship program called “Make It Bright” to foster the talents of the next generation, said the Korean branch last week. The internship is organized by the tobacco firm's headquarters in Geneva, Switzerland, and it already began receiving applications from 33 countries around the world. JTI said it is looking for tal...

Kim Jae-heun | 2020-03-17 19:47

Lotte Shopping may postpone launch of combined online mall 'Lotte ON'

Lotte Shopping may postpone launch of combined online mall 'Lotte ON'

Lotte Group Chairman Shin Dong-bin's much-anticipated business “Lotte ON,' a combined online shopping mall, may have its launch delayed due to the coronavirus outbreak spreading nationwide. The launch was originally scheduled for March 29.

Kim Jae-heun | 2020-03-17 19:46

Samsung Biologics forges Alzheimer's drug development partnership with Taiwan firm

Samsung Biologics forges Alzheimer's drug development partnership with Taiwan firm

Samsung Biologics said Tuesday that it is aiming to expand its presence in China and Taiwan after forging a partnership with Taiwan's APRINOIA Therapeutics, which has been working on developing an Alzheimer's drug.

Baek Byung-yeul | 2020-03-17 17:12

Seegene, Kogenebiotech, SolGent to export COVID-19 assays

Seegene, Kogenebiotech, SolGent to export COVID-19 assays

Korean diagnostic firms including Seegene, Kogenebiotech, SolGent and SD Biosensor will export their respective COVID-19 assays, casting hopes that their fast detection capability will contribute to the world's battle against the epidemic.

Nam Hyun-woo | 2020-03-17 16:56

Coupang's agony deepens amid snowballing deficits

Coupang's agony deepens amid snowballing deficits

As the novel coronavirus situation prolongs in and outside of the country, Korea's largest online retailer Coupang's woes are increasing.

Kim Jae-heun | 2020-03-17 08:09

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