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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Coupang's threat to suspend Rocket Delivery draws public backlash

Coupang faces growing public backlash for threatening to suspend its flagship Rocket Delivery service, as the gesture is seen as an apparent power struggle against an antitrust watchdog, which consumers argue will end up harming their interests, according to subscribers of Coupang’s paid membership, Tuesday.

Jun 18, 2024By Lee Min-hyung
Coupang's threat to suspend Rocket Delivery draws public backlash

Theborn Korea faces setback ahead of IPO

Theborn Korea is facing a hurdle ahead of its plan to go public as some franchisee owners of the company’s "tonkatsu" (breaded, deep-fried pork cutlet) takeout brand staged a protest, demanding the company take responsibility for their disappointing sales, according to company and industry officials, Tuesday.

Jun 18, 2024By Ko Dong-hwan
Theborn Korea faces setback ahead of IPO

Georgia governor highlights stable business environment to attract more investments from Korean firms

Georgia Governor Brian Kemp expressed a strong desire to attract more investments from Korean firms, as the U.S. state provides a “constant and stable” business environment that is minimally influenced by political uncertainties, he said, Monday.

Jun 18, 2024By Lee Min-hyung
Georgia governor highlights stable business environment to attract more investments from Korean firms

HD Hyundai launches first corvette for Philippine Navy

HD Hyundai Heavy Industries (HHI) launched its first corvette for the Philippine Navy at the company’s shipyard in Ulsan, Tuesday.

Jun 18, 2024By Park Jae-hyuk
HD Hyundai launches first corvette for Philippine Navy

HLB bioStep aims for global expansion into beauty care, animal pharmaceuticals

HLB bioStep, an affiliate of HLB Group, aims to enter the global market by acquiring companies specializing in cosmetic medical devices and animal pharmaceuticals, its CEO Moon Jeong-hwan said, Tuesday.

Jun 18, 2024By Baek Byung-yeul
HLB bioStep aims for global expansion into beauty care, animal pharmaceuticals

China EV maker BYD's expected entry into Korea likely to heat up competition within low-cost segment

The expected entry of China's BYD Auto into the Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of late due to the so-called EV adoption chasm, according to industry watchers Tuesday.

Jun 18, 2024
China EV maker BYD's expected entry into Korea likely to heat up competition within low-cost segment

SK divorce case enters new phase following court's correction of error

The billion-dollar divorce case between SK Group Chairman Chey Tae-won and his wife, Roh Soh-yeong, has entered a new phase, as an appeals court corrected a rare error in its verdict this week at Chey's request.

Jun 18, 2024
SK divorce case enters new phase following court's correction of error

Hitejinro targets $362 mil. in overseas soju sales in 2030

Hitejinro, Korea's leading beverage company, said Tuesday it aims to achieve 500 billion won ($362 million) in overseas soju sales in 2030 based on overseas production and export diversification.

Jun 18, 2024
Hitejinro targets $362 mil. in overseas soju sales in 2030

LG Electronics to pay $65.2 mil. in dividends to shareholders

LG Electronics said Tuesday it will pay out 90 billion won ($65.2 million) in dividends to its shareholders for the first half as part of plans to increase shareholder value.

Jun 18, 2024
LG Electronics to pay $65.2 mil. in dividends to shareholders

Taihan Cable wins $94.1 mil. in power grid orders in US

Taihan Cable & Solution, Korea's second-biggest cable company, said Tuesday it recently has obtained 130 billion won ($94.1 million) worth of power grid orders in the United States.

Jun 18, 2024
Taihan Cable wins $94.1 mil. in power grid orders in US
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