Embracing the theme of the Expo, Korea’s pavilion will demonstrate its green growth initiative and information technology advancement through a zero-carbon structure, the committee says. It also plans to operate separate venues with four subtopics ― marine life, climate and environment, marine industry and technology and marine civilization and marine cities. “The latest information technology w...

Politicians bent on winning votes indulge in bashing big business ahead of general elections and presidential poll Korea’s family-owned conglomerates are coming under growing pressure as political parties from all sides are trying to exploit popular anger toward corporate greed and inequality for better chances in this year’s key elections. Globally Samsung, LG, Hyundai Motor and other chaebol ...

Samsung, LG, Hyundai bow to criticism over reckless expansion Amid criticism over their excessive expansion, Korea’s major corporations are relaying to withdraw from bakeries, cafes and other markets that have long been crowded with neighborhood stores. Hyundai Motor Group on Friday became the latest conglomerate to back down from its cafe business. Chung Sung-yi, the eldest daughter of chairma...

Samsung, LG, Hyundai bow to criticism over reckless expansion Amid criticism over their excessive expansion, Korea’s major corporations are relaying to withdraw from bakeries, cafes and other markets that have long been crowded with neighborhood stores. Hyundai Motor Group on Friday became the latest conglomerate to back down from its cafe business. Chung Sung-yi, the eldest daughter of chairma...

Generic manufacturers boost R&D and biomedicine, stem cell research sees upturn Soaring research costs, rampant illicit rebates and a gushing inflow of multinational drug giants following free trade pacts have come together to ignite the biggest crisis in years in Korea’s pharmaceutical industry. Heaping further pressure is the government’s push to slash drug prices and its sweeping crackdown o...