Ko Dong-hwan
Korea Times Business Reporter
Covering the food & beverage industry, beauty, fashion, retail markets, the Ministry of Land, Infrastructure and Transport, the Ministry of Agriculture, Food and Rural Affairs and related people and entities worldwide
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Companies
Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District
Hyundai E&C has started selling its new premium apartments in southern Seoul, anticipating it to be a landmark in the region, bustling with new apartment town projects and a subway network.
Sep 27, 2023
Companies
LS Electric partners with CNCITY Energy to spur decentralized power distribution
Korea's major power distribution technology developer LS Electric has agreed with CNCITY Energy to jointly spur decentralized power distribution in the country by introducing a local-based power distribution system.
Sep 26, 2023
Tech & Science
Kakao's new data center complete
Kakao CEO Hong Eun-taek speaks during a ceremony to mark the completion of the company's first self-designed data center at Hanyang University's Erica Campus in Ansan, Gyeonggi Province, Tuesday. Set to begin operation in the first quarter of 2024, the new facility by Korea's IT giant is capable of running over 100,000 servers simultaneously and storing up to 120,000 servers. The facility's total data capacity reaches as high as 6 exabytes. Yonhap
Sep 26, 2023
Travel & Food
Koreans adapt to soaring food prices
Kim Young-mi, a 40-year-old housewife in Seoul, picks up a carrot from the vegetable aisle inside a local supermarket. Unlike "usual" carrots that are long and smooth on the surface, this particular carrot is rather irregular and oddly shaped. She looks at the price of a bundle of similarly "ugly" carrots that are packed inside a plastic bag and finds that they are almost 30 percent cheaper than the more uniform ones.
Sep 26, 2023
Economy
Industry minister meets SME leaders
Minister of Trade, Industry and Energy Bang Moon-kyu, fourth from right, poses with the Korea Federation of Small and Medium Business (KBIZ) Chairman Kim Ki-Mun, fourth from left, and other KBIZ members at KBIZ headquarters in Yeouido, Seoul, Monday. KBIZ is the country's first economic association that the minister has met in person since his appointment last week. The minister talked with the business representatives and said that the central government will support their respective businesses to spur the country's exports, nurture future industries and innovate the country's key industries. Courtesy of the Ministry of Trade, Industry and Energy
Sep 25, 2023
Companies
Homeplus' private brand products hit store shelves in Mongolia
Korean major retailer Homeplus' private brand products are gaining attention from Mongolian consumers after the firm's distribution network expanded to the country earlier this month, according to the firm.
Sep 25, 2023
Companies
POSCO wins highest corporate partnership grade
Korea's leading steelmaker POSCO has won the highest level of corporate partnership index in an annual evaluation by the Korea Commission for Corporate Partnership (KCCP). The company said it is the country's only steelmaker that has been ranked at the highest level by the commission in its latest corporate partnership index evaluation.
Sep 24, 2023
Companies
CKD Kochon Foundation awards Ukraine health authorities for treating tuberculosis patients amid raging war
The Chong Kun Dang (CKD) Kochon Foundation has awarded Ukraine health authorities for their medical effforts to treat tuberculosis during the ongoing war with Russia, the Korean pharmaceutical company said Sunday.
Sep 24, 2023
Companies
Sangha Farm offers agricultural experience programs in Gochang
Sangha Farm in Gochang County, North Jeolla Province, is redefining theme parks. With thick forests, dairy farms and accommodating facilities, the venue demonstrates to visitors the meaning of people and nature coexisting in balance, according to company officials, Sunday.
Sep 24, 2023