Management | BusinessKorea

Thursday, March 22, 2018


A CJ Olive Networks store.
Unfair Trade
29 June 2017 - 11:45am
The Fair Trade Commission (FTC) detected alleged unfair trade practices of CJ Olive Networks which operates Olive Young stores and began an investigation into them. According to industry sources on...
Hotel Shilla’s current position in Asia’s major airports will boost its bargaining power to a significant extent in the category of cosmetics and perfumes.
Duty Free Business
27 June 2017 - 2:00pm
Hotel Shilla has become an oligopolistic duty free cosmetics shop at the Incheon International Airport. Hotel Shilla has become an oligopolistic duty free cosmetics shop at the Incheon International...
Hong Seok-hyeon, a former chairman of JoongAng Ilbo and JTBC and his sister and former director of the Leeum Art Museum will sell some of their equities in BGF Retail operating a convenience store CU.
For Management Succession?
26 June 2017 - 12:45pm
According to the investment banking (IB) industry on June 22, shortly after the closing bell of the day, chairman Hong and other interested parties began to predict institutional investors’ demand...
The Hills are suffering from car crashing accident accompanying the death of their 7-year-old twin sons John and James Hill on New Year’s Eve in 2015. (Photo Courtesy: Herald Chronicle)
Due to Brake Defects?
22 June 2017 - 3:15pm
It has been found that Kia Motors was sued by the parents of twin brothers who died on December 31, 2015 from a collision occurring in Tennessee, USA, claiming for damages amounting to US$95 million...
There have been steady controversies over Shinhan Financial Group’s immoral hiring of sons or daughters of executives and breaching of trust due to illegal loans.
Immoral Management
19 June 2017 - 12:45pm
Controversy is brewing over the disclosure of Shinhan Bank’s preliminary transfer of a son of Han Dong-woo, a former chairman of the Shinhan Financial Group (SHG) to its New York branch. It was also...
Cho Ki-haeng, vIce chairman & CEO of SK E&C.
Innovative Legal Team
16 June 2017 - 1:00pm
SK E&C was selected as a company with an "innovative in-house legal team" in 2017 by the Financial Times. The Financial Times selected 18 companies for having innovative legal affairs teams in...
Kolon Group chairman Lee Woong-yeul.
Ahead of Good Thing
16 June 2017 - 12:30pm
A lot of attention is being paid to the news that the National Tax Service recently asked the prosecution to look into Kolon Group chairman Lee Woong-yeul prior to the launch of the world's first...
Park Byeong-ryong, CEO of Paradise City.
Unfavorable factors
14 June 2017 - 11:15am
The Paradise Group (Chairman, Jeon Phillip) is suffering from consecutive negative factors. Sales of its casinos, a major cash cow for the group, have been on decline for three months running. As if...
A photo of damage by Borny Korea’s Outlast on SNS.
Damages to Infants
12 June 2017 - 11:45am
Amid outbreaks of rash and urticaria on children using infant mats made of the most advanced new material allegedly developed by the US National Aeronautics and Space Administration (NASA) and sold...
LG Group Vice Chairman Koo Bon-joon presides over the LG Group affiliates’ strategic briefing sessions
Roles of Vice Chairman
2 June 2017 - 11:00am
LG Group will go over its growth engines through the affiliates’ strategic briefing sessions presided over by Vice Chairman Koo Bon-joon, starting from the middle of June. As LG Group is expected to...
Hyundai Motor is planning to complete a special agreement to turn 6,000 irregular workers into regular ones.
Adoptive to Gov’t Policy
31 May 2017 - 11:30am
Hyundai Motor is expected to hire more subcontracted workers as regular employees. The company is planning to complete a special agreement to turn 6,000 irregular workers into regular ones, which was...
Chey Tae-won, chairman of the SK Group, is accelerating so-called “China Insider” strategy through which the SK Group operates like a Chinese company in China.
‘China Insider’ Strategy
29 May 2017 - 5:15pm
Chey Tae-won, chairman of the SK Group, is making big moves to find a breakthrough to the group’s Chinese business which has deadlocked since China’s fire storm sparked by South Korea’s decision to...


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