Korean Air claims five honors at Wines on the Wing

Korean Air said Tuesday it has earned five honors at the 2026 Wines on the Wing Awards, organized by US business travel magazine Global Traveler. Celebrating its 20th anniversary this year, the annual competition recognizes the best airline wine programs worldwide. International wine experts blind-tasted wines served by major airlines as of February and selected winners in 20 categories. Korean Air took first place for the best international business-class wine program, with judges praising its

2026-08-04 13:19:19:00

GS Caltex gives employees’ families inside look at energy business

GS Caltex said Monday it invited employees’ families to its Seoul headquarters for its annual Family Day on Friday, offering a hands-on look at the company’s workplace and energy business. Held at GS Tower in Gangnam-gu under the theme “Energy to the Future,” the event aimed to help families better understand employees’ work and build a stronger connection with the company. Participants explored interactive exhibits on GS Caltex’s energy operations and digital technologies. At the “Energy Value

2026-08-03 15:28:39:00

Lotte founder’s ‘boundless advantage’ gains global spotlight

Lotte Group said Monday that a study on founder Shin Kyuk-ho’s entrepreneurial philosophy was presented at the 2026 World Congress of Business History in Toronto on Thursday. Baek In-soo, a professor at Osaka University of Economics, presented the study, which used the concept of “boundless advantage” to explain Shin’s entrepreneurial expansion across national, industrial and organizational boundaries. The term describes the ability to turn knowledge and resources acquired by crossing boundaries

2026-08-03 11:15:13:00

P&G Korea appoints India sales chief as CEO

P&G Korea said Monday it appointed Rohini Venkateswaran, former chief sales officer of P&G India, as its new CEO, effective Aug. 1. She succeeds Lee Chee-young, who led the Korean unit for four years and will now head P&G’s skincare business in Greater China. Venkateswaran joined P&G India in 2005 and has held leadership positions across India, the United States, the Middle East and the Asia-Pacific region. Her experience spans sales, market strategy, e-commerce, distribution and brand managemen

2026-08-03 11:10:11:00

Hana Financial launches Incheon relocation campaign

Hana Financial Group said Sunday it would run a groupwide promotional campaign through Sep. 30 to mark the relocation of its headquarters to Cheongna in Incheon, offering financial benefits, community programs and support for the local economy. The campaign brings together the group's key affiliates, including Hana Bank, Hana Securities, Hana Card and Hana Savings Bank, with events tailored to Incheon residents and customers. Hana Bank will offer preferential interest coupons worth up to 4.4 per

2026-08-02 13:33:45:00

Hyundai Motor Chair inspects Ioniq 3 in Turkey ahead of Europe launch

Hyundai Motor Group said Sunday that Executive Chair Chung Eui-sun visited the company's Turkey plant to inspect production readiness and quality control for the Ioniq 3, Hyundai's first subcompact battery-powered electric vehicle developed for the European market. During his July 30 visit to the automaker's manufacturing facility in Izmit, near Istanbul, Chung reviewed the Ioniq 3 production process from body assembly to final vehicle assembly. He also visited Hyundai Mobis' Battery System Asse

2026-08-02 11:31:44:00

HD Hyundai Electric strengthens US foothold with 1,000th transformer

HD Hyundai Electric said Sunday it has produced its 1,000th power transformer at its manufacturing subsidiary in Alabama, underscoring the company's growing presence in the North American power equipment market. The company recently held a ceremony at its Alabama facility attended by HD Hyundai Electric President Kim Young-ki and Georgia Transmission Corporation President Barbara Hampton to commemorate the milestone. The 1,000th unit is a 500-kilovolt, 675-megavolt-ampere ultrahigh-voltage trans

2026-08-02 11:20:12:00

Orion eyes W1tr in snack sales with global push

Orion is ramping up its global snack business ahead of the peak summer season, targeting 1 trillion won ($690 million) in annual potato snack sales, the company said Thursday. The company said the business has posted average annual growth of 9 percent over the past three years, driven by localized products and expanded production capacity. In Korea, Orion introduced fresh-harvest versions of its Pocachip and Swing Chip snacks in June for the summer. Production capacity at its Cheongju plant will

2026-08-01 16:00:00:00

Hyundai Motor names Samsung, Nvidia veteran to lead autonomous driving

Hyundai Motor Group said Thursday it has hired Kwon Jung-hyun, a former Samsung Electronics executive who previously worked on autonomous driving software at Nvidia, to lead its autonomous driving development. Kwon has been appointed head of the Autonomous Driving Development Center under the group’s Advanced Vehicle Platform Division. Kwon most recently led intelligent robotics development at Samsung Electronics and previously oversaw autonomous driving software development and commercializatio

2026-07-30 13:46:20:00

Yuhan brings DangQLac to Mexico in Latin America push

Yuhan said Thursday it has launched its blood sugar management probiotic DangQLac, sold locally as Glucobiotic, in Mexico as part of its push into the Latin American dietary supplement market. DangQLac contains Lactiplantibacillus plantarum HAC01, the first probiotic strain in Korea to receive approval from the Ministry of Food and Drug Safety for its post-meal blood sugar-lowering functionality, as its main ingredient. According to the company, an eight-week human clinical trial showed statisti

2026-07-30 11:26:28:00