-
Samsung BioLogics 2020 net profit up 18.8% on increased salesJan 26, 2021Samsung BioLogics, a biopharmaceutical unit of South Korea's top conglomerate Samsung Group, said Tuesday its net income increased 18.8 percent on-year in 2020 on the back of improved factory utiliza... -
Samsung Biologics Q4 net income down 54.3% to W96.2bJan 26, 2021Samsung Biologics Co. on Tuesday reported its fourth-quarter net profit of 96.2 billion won ($87 million), down 54.3 percent from a year earlier. The company said in a regulatory filing that operati... -
Biz sentiment edges up for Feb. on eased uncertainty: pollJan 26, 2021South Korea's business sentiment inched up for February from a month earlier on decreased economic uncertainty, a poll showed Tuesday. The business survey index (BSI) of the country's top 600 compan... -
Imprisoned Samsung heir apologizes to employees, asks them to keep up their workJan 26, 2021Lee Jae-yong, the de facto head of Samsung Group, has expressed an apology to his employees following his imprisonment as he asked workers to maintain their work despite his absence, officials here s... -
7 steelmakers fined W300b over price collusionJan 26, 2021South Korea's antitrust regulator said Tuesday it has decided to fine seven steelmakers a combined 300 billion won ($272 million) for colluding to fix the purchase price of steel scrap. The country'... -
BMW Korea to spend W60b on logistics centerJan 26, 2021BMW Group Korea said Tuesday it will invest 60 billion won ($54 million) until 2023 in expanding its local logistics center. The logistics center in Pyeongtaek, just south of Seoul, will be able to ... -
S. Korea to invest W28b in R&D projects for eco carsJan 26, 2021South Korea said Tuesday it will invest nearly 28 billion won ($25.3 million) in research and development (R&D) projects for eco-friendly automobiles and self-driving technologies in line with the co... -
Samsung Heavy wins W230b container carrier orderJan 26, 2021Major shipbuilder Samsung Heavy Industries Co. said Tuesday that it has signed a 229 billion won ($208 million) deal with an Oceania company to build two container carriers. Under the deal with an u... -
State power firms forecast to log big losses in 2021Jan 26, 2021South Korea's five state power companies are projected to post large losses this year due to a government push to reduce dependence on coal for electricity generation and low electricity prices, thei... -
Doosan Heavy clinches W780b desalination plant dealJan 25, 2021Doosan Heavy Industries & Construction Co., a major South Korean plant builder, said Monday it has clinched a 780 billion-won ($707.8 million) deal to build a seawater desalination plant in Saudi Ara... -
Once the nation’s retail giant, Lotte Group in urgent need of transformationJan 25, 2021Lotte affiliates fall out of Kospi’s top-tier list amid lack of innovative growth -
Korea begins reviewing Pfizer vaccineJan 25, 2021The vaccine will be available no later than mid-March -
Hanwha Solutions triples production of safe plastic materialJan 25, 2021Hanwha Solutions said Monday it will triple production of the eco-friendly plastic material Eco-DEHCH to respond to a growing market demand. According to the South Korean solar-to-chemical company, ... -
Hyundai Mipo wins chemicals carrier deal from EuropeJan 25, 2021Hyundai Mipo Dockyard Co., a mid-sized shipyard here, said Monday that it has won a 80.2 billion won ($73 million) order to build two petrochemical carriers for a European company. The deal calls fo... -
Daewoong to start phase 3 trial of COVID-19 preventiveJan 25, 2021Daewoong Pharmaceutical said Monday that it plans to conduct a clinical phase 3 trial for its drug targeted at preventing COVID-19. The company received an approval from the Ministry of Food and D...
MOST POPULAR
-
01[From the scene] Seoul’s newest, biggest department store offers new shopping experience
-
South Korea officially starts COVID-19 vaccination02
-
03About 18,500 Koreans get COVID-19 vaccines on vaccination Day 1
-
12-year-old US resident identified as suspect of terror threat against Incheon airport04
-
05New virus cases stay above 400 on 2nd day of mass vaccination
-
S. Korea announces innovative syringe method to increase vaccine doses06
-
07Pfizer vaccine approval in Korea imminent, FDA allows more flexible storage
-
[From the scene] ‘I feel safer’: Vaccination begins for Korea’s front-line workers08
-
09Walt Disney Korea appoints new chief Tom Oh
-
In latest attack on Asians in US, woman dragged by car in robbery10