The Korea Times - Home

Site Map PDF Subscription Register LogIn
Site Map PDF Subscription Register LogIn

Sat, June 23, 2018 | 02:19

Biz & Tech > Light industries >

Tom N Toms raided for alleged embezzlement

Tom N Toms Coffee is under a prosecution probe over possible embezzlement by its CEO Kim Do-kyun. Investigators from the Seoul Central District Prosecutor's Office searched Kim's apartment and the head office of the coffee franchise in Gangnam-gu, Seoul, Friday, and seized evidence including related accounting documents and hard disks.

2018-05-11 18:27

Elliott seeks $670 mil. compensation from gov't over Samsung C&T merger

Elliott Associates is demanding more than $670 million in compensation from the government for losses and damages it claimed to have suffered regarding the merger of Samsung C&T and Cheil Industries in 2015.

2018-05-11 17:34

Lotte's China dream shattered

Out of the 74 Lotte Mart outlets in the region, only four are currently open -- the others have been either voluntarily or compulsorily shut down. Liqun is expected to buy 53 outlets, with the remainder likely to be shuttered.

2018-05-11 16:02

CheongKwanJang wins hearts of global retailers

SINGAPORE - Global duty free operators were showing keen interest in CheongKwanJang's booth at a trade fair held in this Asian city, Wednesday, seeking partnerships with the Korea Ginseng Corp. (KGC), producer of the world's No. 1 ginseng brand. KGC employees were busy talking with foreign buyers who were asking about the company's products on display. Apparently, Korean red ...

2018-05-10 17:37

New KOTRA chief vows client-centric trade support

Korea Trade-Investment Promotion Agency (KOTRA) President Kwon Pyung-oh said Thursday the agency will revamp its business from top to bottom to better serve its mandate of supporting trade for small- and medium-size enterprises (SMEs).

2018-05-10 15:38

Amorepacific Q1 net profit plunges 21%

Amorepacific Corp., South Korea's leading cosmetics maker, said Wednesday its first-quarter net profit declined 20.9 percent from the previous year, due mainly to a sharp drop in the number of Chinese tourists.

2018-05-09 14:58

ST Unitas' worsening finance raises concerns

ST Unitas failed to turn around in 2017, dealing a blow to its ambitious goal of listing its shares on the tech-heavy Kosdaq market this year. Korea's largest operator of private learning institutes, offering English, Chinese and other foreign language courses as well as various civil-service tests, has seen its financial health deteriorate over the past years as it has borro...

2018-05-08 18:23

Does free seating really work for Samil accountants?

An increasing number of companies here are adopting a “free seating system” to create a more open and collaborative workspace. Some employees, however, worry it could encroach on their privacy and lower work productivity.

2018-05-08 16:58

Nongshim Kellogg's cries out over Lotte entering cereal market

Nongshim Kellogg's, Korea's second-largest cereal maker, is expected to lose a substantial market share to Lotte Confectionary, which has entered the steadily growing market in partnership with U.S. food giant PepsiCo, according to market analysts Monday.

2018-05-07 17:02

Nongshim Kellogg's faces leadership void

'Family Month' weighing on salaried workers

Workers, most of whom struggle to make ends meet month after month, feel a greater financial pinch in May as they have to spend extra cash on several family-oriented occasions. May is the family appreciation month in Korea, packed with holidays like Children's Day, Parents' Day, Teachers' Day, and Married Couples' Day. In recent years, however, more people are starting to per...

2018-05-07 16:28

1 2 3 4 5 6 7 8 9 10

Daily life in North Korea