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Tue, September 25, 2018 | 20:12

Biz & Tech > Light industries >

Korean companies riding high on Vietnam's football boom

Korean firms in Vietnam are enjoying increasingly friendlier relations between the two countries on Vietnamese U-23 football team's illustrious feat led by Korean coach Park Hang-seo, with companies seeking to make the best use of the marketing opportunity.

Light industries | 2018-08-30 17:43

PharmaResearch, Huons use BTX strain found on 'pig farm'

PharmaResearch Products CEO Jung Sang-soo, left, and Huons CEO Um Key-anBy Park Jae-hyukPharmaResearch and Huons are using a botulinum toxin (BTX) strain found near a local pig farm to develop anti-wrinkle cosmetics products, company officials said Thursday, denying allegations that they stole the strain from Medytox or other larger rivals.But the two companies declined to di...

Light industries | 2018-08-30 16:49

IKEA Korea opens online mall

IKEA Korea will open an online mall Saturday, in line with its Swedish headquarters' efforts to increase its online sales worldwide, the global home furnishing company's local subsidiary said Wednesday.

Light industries | 2018-08-29 15:26

Daewoong Pharm chief quits over alleged worker abuse

Daewoong Pharmaceutical Chairman Yoon Jae-seung has become the latest in a list of disgraced owners of Korean conglomerates, who abused company employees and other subordinates. Following the revelation, Yoon said Monday he will resign from his post to take time off for self-restraint and self-reflection.

Light industries | 2018-08-27 17:15

Hyundai Department Store hit for exaggerating Amazon partnership

Hyundai Department Store Group is facing a backlash for exaggerating its recent agreement with an Amazon subsidiary, giving the impression the Korean group had directly joined hands with the U.S. e-commerce giant, industry officials said Sunday. The overstatement is being seen as an attempt to take advantage of Amazon's reputation as the world's largest e-commerce company.

Light industries | 2018-08-26 16:44

Duty free shops rebound on Chinese buying spree

Duty free shops are enjoying a major business turnaround on a buying spree by private Chinese vendors. The outlook for their future performance is even rosier, with the Chinese government moving to allow tour groups to visit Korea again.

Light industries | 2018-08-24 17:06

Korea's red ginseng going global

Korea Ginseng Corporation (KGC) has long been loved by consumers here with its red ginseng products. The country's top health supplement maker is now looking at a new venture as it is expanding its business overseas.

Light industries | 2018-08-22 16:43

Stakeholders set to benefit from BTS

Boy band BTS' upcoming album is pumping up the stock prices of related companies, showing the K-pop sensation's prowess is not limited to show business.

Light industries | 2018-08-21 16:48

Transport ministry under fire for mishandling Jin Air

The Ministry of Land, Infrastructure and Transport is under fire for not properly handling the Jin Air case, including negligence that allowed Cho Hyun-min, a foreign national, illegally to take a seat on the airliner's board for six years.

Light industries | 2018-08-19 17:31

CJ Logistics criticized for death of part-timer

CJ Logistics is facing public criticism for the death of a college student, who died after sustaining an electric shock while working as a part-timer at a logistics center run by its subcontractor in Daejeon. According to the Daejeon Daedeok Police Station, Friday, the part-time worker surnamed Kim became unconscious Aug. 6, after getting shocked under a conveyor belt in the ...

Light industries | 2018-08-17 17:16

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Inter-Korean Summit in Pyongyang