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The Korea Herald > Business > Management

[SUPER RICH] Chairman of Orion to share governing power

Family-controlled Orion Group, the nation’s second-biggest snack giant after Lotte, took a bold measure last week by dismantling the office of chairman, which had served as the control tower for the...

Updated : 2014.08.11 21:21

Ikea hopes to fit in

ALMHULT, Sweden ― At the Ikea outlet in the southern Swedish town of Almhult, Elin Stiona, a 30-year-old mother of one, was looking for kitchen tiles and a range hood for her summer house. From cupb...

Updated : 2014.06.17 21:02

Gmarket introduces SmilePay to boost payment efficiency

(Gmarket) Gmarket, the country’s largest online shopping site, has introduced a payment system that will save shoppers both time and energy. With “SmilePay,” users’ credit cards, CVC codes and ...

Updated : 2014.04.16 11:12

CJ Group’s Lee sells Korean cool as brother fights tax charge

Miky Lee, vice chairman of CJ Group, beams as she greets a visitor in the executive lounge of South Korea’s biggest purveyor of food, home-shopping services, TV programs and movies. Wearing a black t...

Updated : 2014.02.04 19:47

Korea launches world’s first mobile power ship project

(From left to right) Hyundai Heavy Industries CEO Kim Oe-hyun, Polaris Shipping chairman Han Hee-seung, KOMIPO CEO Choi Pyeong-rak and Siemens Energy Solution head Rochus Bergmann join hands after si...

Updated : 2013.12.10 19:54

Korea’s life expectancy inches up in 2012: report

The average life expectancy of babies born in 2012 rose slightly from a year earlier, a government report showed Thursday, apparently on improving medical services. Babies born last year were expect...

Updated : 2013.12.05 20:02

POSCO chairman offers to resign

Chung Joon-yang (Yonhap News) POSCO chairman and CEO Chung Joon-yang conveyed his willingness to resign to the chairman of the company’s board of directors to pave the way for new leadership, compa...

Updated : 2013.11.15 17:19

LG Electronics pushes shorter hours

Home appliance giant LG Electronics Inc. has encouraged its employees to finish their work on time as much as possible in a bid to promote work efficiency and productivity, officials said Tuesday. L...

Updated : 2013.10.22 19:55

Rich consumers spend big on pricey hobby supplies

Sales of ultra-high priced hobby supplies, including high-end cameras, are sharply increasing at local department stores, hinting that consumer sentiment is picking up, local department stores said T...

Updated : 2013.10.08 19:17

Executives face rising demand for digital mindset

Lee Won-joon The rapid pace of digital adoption by Korean consumers means businesses must move to meet them in the digital arena, tapping social media and using big data to strengthen their connecti...

Updated : 2013.10.01 19:42

Today’s boardrooms need more women

Gayle Peterson The past 12 months have seen some notable milestones for women in senior positions. Fifty-one percent of senior management positions in China are now held by women, up from 25 percent...

Updated : 2013.10.01 19:39

National oil firm to seek quality-driven growth

This is the third in a series of case studies on the nation’s leading state-run companies which have made success stories overseas. ― Ed. The state-run Korea National Oil Corp., or KNOC, is expect...

Updated : 2013.02.26 20:25

Koreans fight back against marathon working hours

A growing number of South Korean corporations are turning their backs on a workaholic culture once seen as indispensable but increasingly viewed as unhealthy, unproductive and inefficient. Long work...

Updated : 2013.02.19 20:26

LG Display to finalize OLED investment soon

LAS VEGAS ― LG Display chief executive Han Sang-beom said Tuesday that the company will make a final decision on its additional investment scheme involving the next-generation OLED displays by early...

Updated : 2013.01.09 11:27

Target emerging nations’ middle class: KOTRA

The Korea Trade-Investment Promotion Agency said that local export firms should target the middle class in emerging countries in order to tide over the protracted global economic slump. The state-ru...

Updated : 2013.01.08 19:40