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Sat, November 17, 2018 | 04:01

Biz & Tech > Light industries >

Firms pay keen attention on joining Moon's NK visit

With Cheong Wa Dae expressing its intent to include businessmen in the delegation accompanying the inter-Korean summit scheduled for next week, companies and business organizations are paying keen attention on who will join President Moon Jae-in's visit to North Korea. However, some companies expressed concerns over joining the delegation because the North is still under U.S....

Light industries | 2018-09-12 19:37

Subway hit for 'unfair' franchise agreement

Subway has come under criticism for “unfair” contract terms that the U.S. sandwich franchise has signed with owners of Korean franchised restaurants, industry officials said Wednesday. Its franchise agreement reads that conciliation of disputes between Subway International and its franchisees is only available in New York. The contract also specifies Connecticut is the only p...

Light industries | 2018-09-12 15:18

Blue Bottle breaks principles in Korea

Blue Bottle Coffee has decided to open its first Korean store in the posh Gangnam district in southern Seoul to make more money, breaking its principle of opening shops in non-core districts, industry officials said Tuesday.

Light industries | 2018-09-11 16:04

KOTRA in hot seat over new investment head

The Korea Trade-Investment Promotion Agency (KOTRA) has come under criticism for hiring a 42-year-old man married to a granddaughter of the late former President Kim Dae-jung as head of its affiliate Invest Korea (IK).

Light industries | 2018-09-10 17:27

Buying frenzy resurfacing over MERS-themed shares

A recent outbreak of Middle East Respiratory Syndrome (MERS) has sparked a buying frenzy of bio stocks having to do with respiratory protection gear production and vaccine development, according to security analysts Monday. The analysts say, however, that there are no vaccines or cures for MERS reported to be developed and the issue will not likely affect the market in the long-term, citing the extreme ups and downs of similar companies in the previous MERS outbreak in 2015.

Light industries | 2018-09-10 17:26

EBay spokeswomen become YouTubers

EBay Korea's two spokeswomen have recently come into the spotlight, what they had been eager for. According to the U.S. e-commerce company's local subsidiary, Monday, its marketing communications team manager Oh Hye-jin and employees communications team manager Emily Kim have attracted viewers to their company's Facebook and YouTube accounts with witty video content named “Sh...

Light industries | 2018-09-10 15:33

Lotte vice chairman meets Indonesia's Widodo to seek cooperation

Lotte Group Vice Chairman Hwang Kag-gyu, who co-represents Lotte Corp., met the Indonesian leader in Seoul to brief the conglomerate's businesses in the Southeast Asian country and seek further support, according to the company.

Light industries | 2018-09-10 10:59

S. Korea, Indonesia hold summit on economic cooperation

Pulmuone faces boycott after mass food poisoning

Pulmuone is facing a consumer boycott, as thousands of students nationwide have exhibited symptoms of food poisoning since Friday after consuming salmonella-infected chocolate cake that its subsidiary distributed, according to industry officials, Sunday.

Light industries | 2018-09-09 16:10

More food franchises offer delivery services

A growing number of franchises in the food and beverage industries are rushing to offer delivery services in line with an increase in the number of single-person households, industry analysts said Sunday.

Light industries | 2018-09-09 00:00

Handok hires former head of car sharing firm as president

Drugmaker Handok has taken a bold step forward in revamping its leadership, appointing former head of Korea's top car sharing firm SoCar as its new president.

Light industries | 2018-09-06 17:12

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Choking on worsening air pollution