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Reporter : Lee Hyo-sik
Sat, September 23, 2023 | 20:38
Herbalife offers nutrition for 'healthy aging'
People want to live a long, healthy life, but in many cases it is easier said than done, given long working hours, mounting stress, financial difficulties and other obstacles. But living a healthy life may not be as difficult as it sounds if they seek help from Herbalife, a global nutrition provider, according to its chief promoter. In an interview with The Korea Times, John ...
Companies | 2017-10-17 18:41
Raising cancer awareness
Citizens take part in the 2017 Pink Run at Yeouido Park in Seoul, Sunday, an event organized by AmorePacific to raise public awareness of breast cancer. More than 10,000 people wearing pink T-shirts ran either five or 10 kilometers. Korea’s largest cosmetics firm also provided participants with useful information about breast health and self-examination methods. / Courtesy of...
2017-10-15 16:25
Hyundai Merchant to issue rights
Hyundai Merchant Marine (HMM) plans to issue rights to raise 693.6 billion won ($620 million) to add ships to its fleet and purchase stakes in shipping terminals in North America and elsewhere. Korea’s largest shipping firm said Sunday it will offer 120 million new shares at 5,780 won each, stressing the money will be used to strengthen its core competitiveness. HMM stocks closed at 8,040 won per share Friday, down 80 won, or 0.99 percent.
Companies | 2017-10-15 16:20
Korea lags behind in attracting FDI
Korea is lagging behind other advanced countries in attracting foreign investment as it continues to fail to create a business-friendly environment for multinational companies, according to a local think tank Sunday. The Korea Economic Research Institute (KERI) urged the Moon Jae-in administration to ease regulations and make taxes and other regulations more corporate-friendly to spur growth and create jobs. The institute is affiliated with the Federation of Korean Industries.
Economy | 2017-10-15 16:17
Moon's policies burden businesses
President Moon Jae-in, who campaigned on promises of giving more to workers, has introduced an array of labor-friendly policies and placed a heavier burden on businesses, according to analysts, Tuesday. The Moon administration, among others, has been pushing to impose a higher income tax on corporations, reduce working hours and raise minimum wages to force employers to pay more to workers and add more to their payrolls. This approach has made it more difficult for Korean companies, which have been struggling to deal with the prolonged domestic consumption slump, to generate earnings, expand...
Economy | 2017-10-10 16:53
Airlines frustrated over France's flip-flop
Air carriers are expressing frustration at France’s recent decision not to increase the number of flights between Korea and France when the number of passengers has increased sharply in recent years. The French government had initially agreed to increase the number of flights to 14 per week from the current 12 when the two sides met in June last year. But it changed its stanc...
Companies | 2017-09-28 18:08
SM6, QM6 sell briskly in Europe
Global carmakers normally give their vehicles different names for each market as part of marketing strategies to better resonate with local consumers. This is no exception for Renault Samsung Motors, which has been selling the SM6 mid-size sedan, QM3 and QM6 SUV models under different names in Europe and elsewhere. The SM6 sedans are sold as Talisman across the continent, whi...
Companies | 2017-09-28 16:16
[Exclusive] JTI Korea pays Instagram users for cigarette postings
Japan Tobacco International (JTI) Korea has been found to have mobilized Instagram users who command huge followers to post photos of its Mevius brand cigarettes, according to a document obtained by The Korea Times, Thursday. In return, Instagram “influencers,” most of whom are men in their 20s and 30s, are said to have received as much as 5 million won ($4,400) for each post...
Companies | 2017-09-28 16:08
Hyundai Motor opens big data center in China
Hyundai Motor Group has opened a big data center in China’s southwestern province of Guizhou to facilitate the development of its connected car service platform in the world’s largest automobile market. Korea’s top carmaker said Tuesday the facility will help it process massive amounts of customer data to provide safer and more efficient connected car services to Chinese moto...
Companies | 2017-09-26 16:48
Kumho chief loses control of tire unit
Kumho Asiana Group has lost control of its struggling tire unit as Kumho Tire creditors rejected its 730 billion won ($650 million) self-rescue package. The state-run Korea Development Bank (KDB) and other creditors, which hold a combined 42 percent stake in the cash-strapped tire maker, have decided to strip Kumho Chairman Park Sam-koo of managerial control and subject the f...
Companies | 2017-09-26 16:42
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More than 2,800 killed by earthquake in Morocco
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