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Franchisees on average close biz in just over 4 years: data

Franchisees on average shuttered their businesses in just over four years, government data showed Monday, in the latest sign of the challenges faced by entrepreneurs. The 2015 data compiled by Stati...

Dec 24, 2018
Industry
Lotte’s flagship duty-free store to report W4tr in sales

Lotte Duty Free’s flagship store in Sogong-dong is expected to report 4 trillion won ($3.5 billion) in annual sales, the largest amount among other duty-free stores around the world. Korea Customs S...

Dec 24, 2018
Industry
Korea-made new drugs to take another shot at US entry in 2019

Despite experiencing delays and setbacks in the approval process this year, a number of South Korean biopharmaceutical companies will make another attempt to bring their new drugs to the US market in...

Dec 24, 2018
Industry
Hite Jinro seeps into Russian market

South Korean liquor maker Hite Jinro said Monday that it has launched its signature soju brand Chamisul in Russian liquor store chain Vin Lab, in a move to penetrate the local drink market there. Hi...

Dec 24, 2018
Industry
Samsung expected to post weaker performance for Q4

Samsung Electronics Co. is expected to post a weaker performance for the fourth quarter compared with a year earlier, analysts said Monday, apparently due to the slowed growth of its chip business. ...

Dec 24, 2018
Industry
‘Game changer’ in guardrail industry taps overseas roads

Caris Guardrail acknowledged as world’s 1st PVC guardrail maker

Dec 23, 2018
Industry
Korean AI speaker supply to hit 8 mln units in 2019: report

The supply of artificial intelligence speakers in South Korea is expected to reach the 8-million unit mark in the new year as the devices gain popularity, a report by a local digital media lab said S...

Dec 23, 2018
Industry
Samsung expands partnerships with global contents providers to promote HDR10+

Samsung Electronics Co. said Sunday that it is actively expanding partnerships with global contents providers to promote the growth of its high dynamic range 10+ technology. The world's leading prod...

Dec 23, 2018
Industry
Prosecutors speed up probe into alleged fraud of Samsung Biologics

South Korean prosecutors will speed up their probe into the alleged accounting fraud of Samsung Biologics, focusing on securing evidence as to whether Samsung’s now-defunct control tower was involved...

Dec 23, 2018
Industry
Cost of solar power generation to drop to below 100 won by 2023

The average total costs of generating solar energy in South Korea will go down below 100 won ($0.1) per 1 kilowatt hour five years later, a parliamentary report said Sunday. According to the report,...

Dec 23, 2018
Industry
P&G Korea expands CSR for environmental sustainability

The South Korean unit of Proctor and Gamble, a household and personal care goods company, has expanded its corporate social responsibility programs for environmental sustainability, the company said ...

Dec 23, 2018
Industry
Galaxy, QLED, Shin Ramyun top South Korean brands for 2019: poll

Galaxy smartphones, quantum dot light-emitting diode TVs made by Samsung Electronics Co. and Shin Ramyun produced by Nongshim Co. were recognized as South Korea's top brands in 2019, a local poll sho...

Dec 23, 2018
Industry
Small-medium biz corporation to open innovation center in Seattle

South Korea's Small and Medium Business Corp. said Sunday that it will open a global innovation growth center in Seattle to better help promising companies make inroads in the world's largest market....

Dec 23, 2018
Industry
KCCI chief calls for closer ties with Moroccan businesses

Korea Chamber of Commerce and Industry Chairman Park Yong-maan (Yonhap) The head of the Korea Chamber of Commerce and Industry urged businesses to strengthen ties with Moroccan firms, highlighting t...

Dec 21, 2018
Industry
Market share of HNB e-cigarette hits 11 percent in Nov.

Heat-not-burn e-cigarettes accounted for 11.3 percent of all cigarettes sold in November, ministry data showed Friday. According to the Ministry of Economy and Finance, 288 million packs of cigarett...

Dec 21, 2018
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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