The Korea Herald

KH Group vows to turn Alpensia resort into global attraction

Aug 22, 2021

KH Group, which last week signed a deal to take over the alpine resort Alpensia, vowed to turn the main venue of the 2018 Winter Olympics into a bustling global tourist attraction by building new fac...
Floating solar power to quadruple by 2025: report

Aug 22, 2021

Offshore solar plant emerges as new alternative to help meet government’s renewable energy target
Korean companies more vulnerable to ESG risks: report

Aug 22, 2021

South Korean companies, many of them in the manufacturing industry, face bigger environmental, social and corporate governance risks than their service-heavy European counterparts, the Federation of ...
Fashion powerhouse Handsome launches high-end beauty brand oera

Aug 22, 2021

South Korean fashion company Handsome Corp. said Sunday it will launch a cosmetics brand for the first time. Handsome, an affiliate of Hyundai Department Store Group, said high-end skin care brand o...
$Hyundai Heavy completes takeover of Doosan Infracore$

Hyundai Heavy completes takeover of Doosan Infracore

Aug 20, 2021

Hyundai Heavy Industries Holdings Co. (HHIH), the world's largest shipbuilding group, said Friday that it has completed the process to acquire South Korea's top construction equipment maker Doosan In...
Conglomerate investments rise 4.6% in H1, led by chipmakers

Aug 20, 2021

South Korea’s large business groups increased their investments by nearly 5 percent in the first half of 2021, according to data by a local market researcher on Friday. Including the country’s bigge...
LG Electronics joins hands with Hyundai Elevator on smart building solutions

Aug 20, 2021

LG Electronics Inc. said Friday it has joined hands with Hyundai Elevator Co. to seek business opportunities in smart home and building solutions. LG will work with the country's largest elevator ma...
Samsung retakes No.1 spot in Q2 chip sales: report

Aug 20, 2021

Samsung Electronics Co. regained the No.1 spot in chip sales in the second quarter of the year, surpassing its archrival Intel Corp. for the first time in almost three years, on the back of robust sa...
Big firms' H1 investment gains 4.6% on chip boom

Aug 20, 2021

South Korean big companies' investments expanded nearly 5 percent in the first half of the year thanks mainly to a semiconductor boom, a corporate tracker said Friday. Global tech giant Samsung Elec...
Coupang slapped with W3.3b fine for unfair trade practices

Aug 19, 2021

Coupang on Thursday has been slapped with fines totaling 3.29 billion won ($2.8 million) for unfair business practices, losing a case which pitted decades-old consumer goods brands against the e-comm...
Hanwha, a living testament to tycoon’s era in Korea

Aug 19, 2021

Over four decades under charismatic Kim Seung-youn, conglomerate’s assets have grown by 288 times
Land-based workers of top shipper HMM defy wage increase proposal

Aug 19, 2021

Unionized land-based workers of South Korea's largest shipper HMM Co. have voiced opposition to a company wage increase proposal, raising the possibility of its first strike, industry sources said Th...
Coupang fined 3.3 bln won for unfair biz practice

Aug 19, 2021

South Korea's antitrust regulator said Thursday it has decided to fine e-commerce giant Coupang Inc. 3.3 billion won ($2.8 million) for alleged unfair business practice. Between 2017 and 2020, Coupa...
SK Telecom's metaverse platform to go global

Aug 19, 2021

SK Telecom Co., South Korea's largest wireless carrier, said Thursday it will launch its virtual meeting platform ifland in around 80 overseas markets by the end of this year in a move to join the gl...
LG Chem to invest W2.6 tr by 2028 to build 10 factories in S. Korea

Aug 19, 2021

LG Chem Ltd., South Korea's leading chemical firm, said Thursday it will invest 2.6 trillion won ($2.2 billion) by 2028 to step up its domestic manufacturing capacity for eco-friendly materials. LG ...