KoreaTimes(129) - Business, , page 1

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Business

Thu, May 19, 2022 | 01:25

Google says its Russian bank account has been seized

Russian authorities have seized Google Russia's bank account, making it impossible for its Russian office to function, a Google spokesperson said on Wednesday after Google's Russian subsidiary declared its intention to file for bankruptcy.

2022-05-18 21:11

SsangYong signs conditional investment deal with KG consortium

SsangYong Motor said Wednesday it has signed a conditional investment deal with a local consortium ahead of the auction later this month to find a new investor for the carmaker. The Seoul Bankruptcy Court recently selected the consortium led by chemical-to-steel firm KG Group as the preliminary bidder for SsangYong Motor.

2022-05-18 20:13

KEPCO to sell all overseas coal power plants following record losses

The Korea Electric Power (KEPCO) said Wednesday it will sell all overseas coal-fired power plants, including one in the Philippines, as part of efforts to improve its financial status over record quarterly losses.

2022-05-18 17:43

New industry minister meets KCCI chairman to discuss private-led growth

The government will pursue private sector-led economic growth strategies by modifying regulations that hinder corporate growth and offering incentives to let companies invest more, Lee Chang-yang, the new minister of trade, industry and energy, said in a meeting with the head of one of the country's major business lobby groups, Wednesday.

Baek Byung-yeul | 2022-05-18 16:54

Hyundai, Kia to invest W21 tril. in domestic EV biz by 2030

Hyundai Motor Group will invest 21 trillion won ($16.5 billion) by 2030 to expand its domestic electric vehicle (EV) production and other related businesses in line with the government's plan to develop the EV industry into one of the core sectors of the country's economy, the automotive group said Wednesday.

Baek Byung-yeul | 2022-05-18 16:54

Samsung chief pays tribute to late UAE president

Samsung Electronics Vice Chairman Lee Jae-yong paid a visit to the Embassy of the United Arab Emirates in Seoul, Tuesday, offering condolences for UAE President Sheikh Khalifa bin Zayed Al Nahyan, who passed away on May 13. Lee is said to have had a cordial relationship with the UAE leader when he was alive, according to industry watchers.

Kim Jae-heun | 2022-05-18 16:42

Game companies set eyes on virtual human projects for non-gaming biz endeavors

Korean game companies are increasingly setting their eyes on projects centered on virtual human character development, aimed at carving out new endeavors in non-gaming areas such as music and marketing sponsorships.

2022-05-18 16:06

Hanwha E&C struggles with delayed Bismayah project in Iraq

Hanwha E&C's profitability has worsened for the third straight year, as the builder has continuously failed to get the construction of the Bismayah new city in Iraq back on track, according to market analysts, Wednesday. Its deteriorating profits have also had a negative impact on the outlook for its parent firm, Hanwha Corp., which holds a 100-percent stake in the unlisted c...

Park Jae-hyuk | 2022-05-18 15:48

Korea's ESG leaders recognized at ceremony

A group of Korean companies selected as sustainability leaders by Statista, a German market research firm, were honored during an award ceremony hosted jointly by The Korea Times and its sister paper, the Hankook Ilbo, Wednesday. The event was a follow-up to the “Korea's Sustainability Leaders 2022” report, which was announced earlier this month by Statista to honor companies...

Park Jae-hyuk | 2022-05-18 14:08

CJ, Ottogi uneasy about Harim's tactics to sell new cooked rice

CJ CheilJedang and Ottogi have expressed dissatisfaction over Harim, which decided to market a new line of ready-to-eat cooked rice by suggesting similar products made by the rival food makers are unhealthy, according to company officials Tuesday. During the launch of its new cooked rice, “The Misik Bap,” on Monday, Harim Holdings CEO Huh Jun said the product is made of water...

Kim Jae-heun | 2022-05-18 08:30

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.