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Wed, November 29, 2023 | 23:32
Free medical checkup
A doctor examines an elderly patient at a makeshift medical facility in Papua, Indonesia, Friday. In cooperation with Korea University Hospital and local NGO Byso Nanum Maul, POSCO Daewoo, steelmaker POSCO’s trading and resources development arm, organized the volunteer program from Oct. 21 to 27. The program is for people suffering from a range of illnesses in the Southeast ...
2017-10-29 17:33
Philip Morris, BAT to hike prices of heat-not-burn e-cigarettes
Multinational tobacco companies selling heat-not-burn (HNB) e-cigarettes are set to raise prices as the National Assembly moves closer to hiking taxes on this new type of cigarette. When materialized, this would adversely affect millions of smokers who have switched from standard cigarettes over the past few months to those that its makers say produces 90 percent less harmful...
Companies | 2017-10-25 16:52
Hyundai Motor invests $5 mil. in US mobility center
Hyundai Motor has invested $5 million in the creation of a research complex to be built by the American Center for Mobility (ACM) in the United States to secure more advanced connected and automated car technologies, the company said Wednesday. This is the latest move by Korea’s largest automaker to enhance its knowhow and expertise in vehicle automation and connectivity, and...
Companies | 2017-10-25 16:44
Daewoo E&C turning underground walkway into culture zone
Daewoo Engineering & Construction (E&C) has transformed an underground pedestrian walkway, connecting Delight Square, a shopping mall, with Hapjeong Station on lines 2 and 6, into a cultural space made up of a bookstore, an art exhibit hall and a rest area. On behalf of Delight Square, Kyobo Book Centre and the Mapo Prugio Apartment Complex, the builder has completed the reno...
Companies | 2017-10-24 17:51
Diageo strengthens premium spirit lineup
Diageo Korea has introduced W Signature 12, the fourth iteration of its popular spirit category, to attract more Korean consumers who increasingly prefer low-alcohol drinks amid the increasing wellbeing trend. The product has an alcohol content of 35 percent, compared with 40 percent for conventional Scotch. Despite the lower alcohol content, W Signature 12 and its predecesso...
Companies | 2017-10-24 17:42
KITA chairman steps down
Korea International Trade Association (KITA) Chairman Kim In-hoo has tendered his resignation, four months before his three-year term expires. The export promotion body said Tuesday Kim attended the board of directors meeting earlier in the day and submitted a letter of resignation. “Even though I still have several more months to go before my term in office expires next Febr...
Economy | 2017-10-24 17:34
[INTERVIEW] A mission to rid the world of plastic
“Plastic is a design failure,” said a German-born designer from New York, who called on the world to find new, eco-friendly materials that can replace plastic to save the dying planet. Parley for the Oceans founder Cyrill Gutsch, who transformed his design company into an environmental organization in 2012, said until then he will try to keep plastic bottles and other waste f...
Companies | 2017-10-22 15:01
S-Oil sponsors marathon
S-Oil President Ryu Yul, right, poses with former marathoner Lee Bong-joo, center, after donating 140 million won ($124,000) to support the 12th Heart-Touching Disabled Marathon Team at the refiner’s headquarters in Seoul, Thursday. The team of 21 marathoners with disabilities will take part in the 2017 Toronto Waterfront Marathon on Oct. 22. / Courtesy of S-Oil
2017-10-20 21:04
GS chief stresses 'strategic flexibility'
GS Group should become a more agile and dynamic organization to more effectively cope with rapidly changing business conditions, its chief said Thursday. The retail and energy-centered conglomerate also needs to invest more to strengthen its core businesses and nurture new growth engines, according to GS Chairman Huh Chang-soo, who stressed the importance of creating decent j...
Companies | 2017-10-19 15:43
Hite-Jinro union criticized for meddling in management
The labor union at Hite-Jinro is causing a stir for demanding the replacement of an executive in charge of labor relations while an ongoing strike has been severely disrupting the company’s operations. Korea’s largest maker of the distilled liquor soju said Thursday that the union’s demand is not the subject of collective bargaining, urging striking workers to "come to their senses" and work harder with management to reach a consensus. Demanding a 7 percent hike in the base salary, union workers began a partial walkout on Sept. 25. They have been staging a full-scale strike since Oct. 13, wi...
Companies | 2017-10-19 15:38
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[PHOTOS] It's beginning to look a lot like Christmas
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