Management | BusinessKorea

Saturday, March 24, 2018


Industry experts say that it is necessary to legislate the “Starbucks Act” which restricts distances between coffee shops like other Korean franchised coffee shops for fair competition.
‘Starbucks Act’
7 April 2017 - 11:15am
As of the end of last month, Starbucks Coffee Korea stores totaled 1,008. In terms of stores per capita, Korea had double the number of Starbucks stores in Japan and ranked fourth in the world. ...
Hyundai Heavy Industries (HHI) will invest 3.5 trillion won (US$3.1 billion) in R&D activities by 2021.
Towards Global Top 5 Each
4 April 2017 - 12:00pm
The Hyundai Heavy Industries (HHI) group, which launched four separate companies recently, will invest a combined 3.5 trillion won (US$3.1 billion) in R&D activities by 2021. The HHI group said...
Park Hyun-joo, Chairman of Mirae Asset
Educational Donations
4 April 2017 - 10:45am
Mirae Asset Financial Group Chairman Park Hyun-joo decided to donate all of the 2016 dividends worth 1.6 billion won that he received from Mirae Asset Global Investments at its shareholders meeting...
The dispute between and the Korea Development Bank (KDB) and Kumho Asiana Group in relation with Kumho Tire’s sales is not likely to be settled down.
No Further Step
3 April 2017 - 3:45pm
Kumho Asiana Group and the Korea Development Bank (KDB) are likely to have a legal battle for the sale of Kumho Tire. Kumho Asiana Group raised a question on March 31 over the notification standard...
Yeosu Plant of Lotte Chemical.
Non-tariff Barrier
31 March 2017 - 12:15pm
As China has been taking retaliatory measures against Lotte, which provided a site for the Terminal High Altitude Area Defense (THAAD) system, Lotte Chemical suffered from a reprisal. According to...
POSCO Chairman and CEO Kwon Oh-joon declares an aggressive management strategy at the CEO Forum for institutional investors held at the NH Investment & Securities headquarters in Yeouido, Seoul, on March 30.
Advancing Steel Business
31 March 2017 - 12:00pm
POSCO Chairman and CEO Kwon Oh-joon has pledged to almost double its consolidated operating profit from 2.8 trillion won (US$2.5 billion) last year to 5 trillion won (US$4.47 billion) within the next...
The prosecutor office is planning to investigate SK Group and Lotte Group that have transferred their money to the MIR and K-Sports Foundations.
Victims or Not?
29 March 2017 - 11:00am
The South Korean Public Prosecutor's Office included allegations of bribery regarding the Samsung Group in the arrest warrant it requested against former President Park Geun-hye. The office is...
Chairman Shin Dong-bin of the Lotte Group.
Controversy Expected
27 March 2017 - 11:00am
Amid China’s retaliation against South Korean companies over the latter’s deployment of the Terminal High Altitude Area Defense (THAAD) system in Korea, controversy is expected to break out as the...
Kim Hyong-tae, vice president of the SL Business Division at Samsung SDS is delivering a welcoming address at the Cello Conference 2017.
IoT-based Logistics
24 March 2017 - 11:45am
Samsung SDS announced that the company held the “Cello Conference 2017” under the theme of “Navigating the Next Wave of Logistics” at the Samsung SDS’s Pangyo Campus on March 23. The Cello Conference...
Kwon Young-soo,Vice chairman of LG U+.
Buying Treasury Stocks
24 March 2017 - 11:30am
LG U+ announced on March 23 that vice chairman Kwon Young-soo bought 20,000 shares of treasury stocks in the market and was holding them. Vice chairman Kwon Young-soo bought 20,000 shares of treasury...
Park Ki-hwan (5th from the left), head of the Overseas Production Department at KOGAS and Elvis Rodas (6th from the left), vice minister for natural resources and environment of Honduras.
Looking Around LNG Base
24 March 2017 - 11:30am
KOGAS provided a program of looking-around tours to a world-class LNG base operation site for a Honduran government delegation and Ìnter-American Development Bank’s regional energy officer who...
Choi Johng-sik, CEO of Ssangyong Motor talking with senior managers who attended the event.
Sharing Visions
21 March 2017 - 12:15pm
Ssangyong Motor announced on March 20 that its executives and senior managers held the “Ssangyong Leaders Round Table (SLRT)” to share the company’s management status and achieve 2017 management...


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