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Fri, July 1, 2022 | 13:05
Domestically produced snacks losing ground
Domestic snack makers are losing customers to cheaper imported products.
Kia Motors unveils new Carnival
Kia Motors unveiled a fully remodeled version of the Carnival Thursday for the domestic market, targeting the multipurpose vehicles (MPVs) market.
Luxury brand prices ignore law of gravity
A stronger won against foreign currencies make imported goods cheaper. But the rule doesn’t seem to apply to luxury items.
Daewoo E&C secures $545 million Iraq degassing plant project
Daewoo Engineering and Construction (Daewoo E&C) has won a $545.8 million deal to build a degassing station (DGS) in Iraq, the company said Monday.
Consumption shows signs of modest recovery
Retailers are seeing their sales rebounding modestly from a steep fall on weakened consumer sentiments following the sunken Sewol ferry incident.
Shinsegae under probe over irregular deals involving execs
The prosecution said Tuesday it is investigating Shinsegae Group on suspicion of irregular transactions of a large amount of gift vouchers between executives and units of the major retail group.
Schools, ministry at odds over field trip cancellations
Some high schools are at odds with the education ministry over the payments of penalty fees for the cancellation of field trips. On April 21, the Ministry of Education (MOE) ordered 17 local education offices to issue a ban on school trips for the first semester. Its decision came after the ferry Sewol capsized on April 16, leaving hundreds of students dead or missing.
Student who made first SOS call fails to return
The body of a Danwon High School student, believed to be the one who made the first distress call from the sinking ferry Sewol, was recovered Thursday, according to the Coast Guard.
Body of Chinese man not on passenger list retrieved
The total number of passengers on board the Sewol before it sunk is expected to rise after the body of a Chinese man, not on the passenger list, was found on the capsized vessel Monday.
3 bodies of foreigners found
The body of a 17-year-old Russian, a student at Danwon High School in Asan, Gyeonggi Province, was recovered on Monday, the Coast Guard said. One Korean-Chinese, Lee Do-nam, 38, and another Chinese, Li Xiang Hao, 46, were also found dead.
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