GS Group's convenience store chain GS25 said Monday it has opened its 100th outlet in Mongolia since its entry into the East Asian country 16 months ago. GS25 aims to expand the number of outlets in Mongolia to more than 500 by 2025 by launching more customized food products. For its expansion in Asia, the company entered Vietnam in 2018 and currently operates 186 outlets in the Southeast Asian...

GS Engineering and Construction has partnered up with German chemical giant BASF to jointly modularize a carbon capture solution, which would work as the framework for their future projects, the Sout...e-scale post-combustion capture technology -- into a modular carbon capture solution, according to GS E&C. OASE blue enables its user to selectively capture carbon through a liquid solution. BASF wil...

...t in South Korea's effort to offer commercial UAM services in 2025, with several other multi-company consortiums also pursuing similar projects. A consortium comprising LG Uplus, Kakao Mobility and GS Caltex recently signed an agreement with the Busan Metropolitan City to launch a similar commercial UAM service in the southeastern port city. The transportation ministry is in the process of evalu...

... industry and press concerning the spread of any rumors and falsehood, taking legal action (if necessary),” it added. The statement came after some local media reported that Coupang had been working to sell Coupang Eats for the past few months, and that it would soon send a proposal request. It also reported that large firms such as Lotte, Shinsegae and GS Retail were among the potential bidders.

...oad express, and at the Gimpo and Gimhae airports. It will also promote the expo bid at some 1,800 LG Electronics, LG Uplus and LG Household and Health Care stores nationwide. Lotte, Posco, Hanwha, GS, Hyundai Heavy Industries and Shinsegae also plan to promote the expo bid along with its business activities. The KCCI said it will jointly develop with the government’s bidding committee a new slo...

GS Group’s executives in charge of tapping new businesses gathered on Wednesday to share where they stand in mergers and acquisitions, business partnerships and venture investments under the conglome... in the US for small modular reactors. GS Group’s corporate venture capital firms GS Ventures and GS Futures gave briefings on the latest developments in the tech startup industry in South Korea and ...

South Korea’s retail-to-energy conglomerate GS Group said Sunday that it has launched promotional activities to support South Korea’s bid to host the 2030 Busan World Expo. GS Sports, the sports com...tforms, including GS TVs at GS 25 convenience stores, GS home shopping shows on TVs and mobile app GS Shop to promote South Korea’s bid. GS Retail said it will equip some 20,000 brochures at GS 25 co...

GS25 announced its convenience stores’ launch of Pokemon Dried Laver, which contain character-engraved lenticular chips that show the evolution process of 33 Pokemon characters. For instance, if a c... create an interesting synergy with the recent Pokemon boom,” said Lee Chung-ho, a merchandiser at GS25. Convenience store franchise CU has also released season three products of Cookie Run Bread. Fo...

GS Engineering and Construction said it has joined hands with a Finnish energy company to produce bioethanol using cassava peels waste in Thailand. Cassava is a nutty tasting, starchy root vegetable...hich have been used to produce bioethanol until now. Starting with global water treatment company GS Inima, GS E&C has been expanding its scope of eco-friendly new businesses to eco-friendly modular ...

...han 10 billion won. By groups, Kakao had the most amount of total remuneration at 134 billion won, followed by SK with 111.5 billion won, LG with 76.7 billion won, Samsung with 59.9 billion won and GS with 28.3 billion won. Two ex-Kakao CEOs, Joh Su-yong and Yeo Min-soo, were the highest paid executives with each of them collecting 36.15 billion won and 33.28 billion respectively as they exercis...

...e Xii parking lots affected by the record flooding in the Gangnam-Seocho area of southern Seoul, a GS E&C official explained that the apartments’ trenches for drainage were large enough, but the centr...River more quickly. “Once the city builds these facilities, the flooding won’t happen again,” the GS E&C official said. While some disgruntled residents were vocal about the damages and their plight...

...n won to 652.3 billion won. A 98.2 percent increase was reported by SK innovation, 73.9 percent by GS Caltex and 72.6 percent by LG Chem. A total of 11 steel producers including Posco and Hyundai Ste...Soft topped the list with a 793 percent increase, followed by LIG Nex1 with 460 percent, Samsung Biologics with 318 percent, GS Engineering & Construction with 314 percent and Hansae with 193 percent.

GS Retail Co. said Thursday it will close all of its lalavla shops, 17 years after it entered the health and beauty (H&B) store market, due to slumping sales amid the coronavirus pandemic and fierce ...tores and quick commerce services, the company's future growth engines," a company official said. GS Retail, which also operates the GS25 convenience stores, first entered the H&B store business in 2...

...m the ceiling soaked books on display at the mall, forcing workers to save books from getting wet until midnight. Convenience store chains have also reported flood damages. Around 200 CU stores, 46 GS25 stores and 40 7-Eleven branches have been affected with water leakage and blackouts. E-commerce and delivery platforms have postponed delivery services, citing safety issues for their couriers. ...

...ompanies, SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industries, Lotte Chemical and GS Energy, signed a memorandum of understanding with Petroliam Nasional Berhad, commonly known as Pet... Samsung Engineering will take charge of business development while SK Energy, Lotte Chemical, and GS Energy will design the carbon capture process, and Samsung Heavy Industries will handle transporti...