Management | BusinessKorea

Monday, November 20, 2017

Management

Chungjungone, the food division of Daesang Group, has ceased the production of uncooked hams and sausage products made of European port.
Amid Concerns over Hepatitis E Virus
28 August 2017 - 3:15pm
Chungjungone, the food division of Daesang Corp, which produces the bacon product, announced that they have ceased the production of uncooked hams and sausage products made of European port amid...
As vice-chairman Lee Jae-yong of Samsung Electronics was sentenced to five years in prison, the uncertainties of the Samsung Group are growing.
Absence of Head
26 August 2017 - 12:30pm
Vice-chairman Lee Jae-yong of Samsung Electronics indicted on charges of bribing former President Park Geun-hye and Choi Soon-sil was sentenced to five years in prison in the first trial on August 25...
Per capita operating profit of 164 listed companies belonging to the nation’s top 30 business groups fell at an annual average rate of 3 percent while their per capita labor cost increased at an annual average rate of 4 percent between 2011 and 2016.
Profit Vs. Labor Cost
25 August 2017 - 6:00pm
South Korea’s 30 conglomerates (business groups) have seen their labor costs rise every year regardless of their poor financial performances, according to a recent survey. Therefore, market experts...
BC Card President Chae Jongjin (left) poses for a photo with Dilip Asbe, president of India’s National Payments Corporation of India (NPCI) after signing a MOU in Mumbai, India, on August 22 (local time).
Card Business Cooperation
24 August 2017 - 12:30pm
BC Card announced on August 23 that it has signed a memorandum of understanding (MOU) for strategic network partnership with India’s National Payments Corporation of India (NPCI). Founded by the...
Kakao is expected to transfer its game business to its subsidiary Kakao Games and merge it into its holding company Kakao Games Holdings.
Stepping towards Holding Company
18 August 2017 - 12:45pm
Kakao will transfer its game business to its subsidiary Kakao Games and merge it into its holding company, Kakao Games Holdings. This move aims at boosting the efficiency of the game business, which...
Korea Forest Service Minister Kim Jae-hyun is delivering his inaugural speech.
Forest Administration
18 August 2017 - 11:45am
Kim Jae-hyun, who was appointed as the 31st minister of the Korea Forest Service on July 18, said in his inaugural speech that he would create a circular economy of forest resources so that forest...
Four subsidiaries of Lotte Group -- Lotte Confectionary, Lotte Shopping, Lotte Chilsung and Lotte Food -– will more than double their dividend payout ratios in order to raise shareholder value.
Prior to Conversion into Holding Company
18 August 2017 - 3:45am
Four subsidiaries of Lotte Group -- Lotte Confectionary, Lotte Shopping, Lotte Chilsung and Lotte Food -– announced in a public disclosure on August 17 that they will more than double their dividend...
The E-Land Group decided to sell off E-Land's hotels and leisure facilities including Kensington Jeju Hotel.
Suffering Liquidity Issue
17 August 2017 - 12:30pm
As the E-Land Group decided to sell off E-Land's hotels and leisure facilities, it is garnering a lot of attention whether the sell-off of them will save E-Land which is in a liquidity crisis. ...
Naver founder Lee Hae-jin recently aksed the Korea Fair Trade Commission (KFTC) to designate Naver as an ownerless company.
The reason why?
17 August 2017 - 11:45am
It has been found that Naver founder Lee Hae-jin recently visited the Korea Fair Trade Commission (KFTC) and asked the commission to designate Naver as an ownerless company if Naver is classified as...
A group of individual shareholders in Lotte Group recently filed a petition opposing the group’s merger plan of four affiliates such as Lotte Confectionery, Lotte Chilsung Beverage Lotte Foods and Lotte Shopping.
Against Merger
15 August 2017 - 8:30pm
A group of individual shareholders in Lotte Group recently filed a petition opposing the group’s merger plan of four affiliates. In this regard, Lotte Group said on August 14, “We pledged the people...
Peruvian children posing for a picture with Samsung Smart School solutions at their school located in Cusco.
For Underprivileged Children
14 August 2017 - 12:15pm
Samsung Electronics announced on August 13 that it opened a “Samsung Smart School” in Cusco, Peru. The purpose of the Samsung Smart School is to provide underprivileged children with electronic...
Many stock market experts are saying that Hyosung’s adoption of a holding company structure is almost an established fact.
Right Time for Spin-offs
14 August 2017 - 12:15pm
It has been found that the Hyosung owners including honorary chairman Cho Seok-rae and chairman Cho Hyun-joon have continued to buy the stocks of their company since the beginning of this year and...

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