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Hotel Lotte could delay IPO until June: sources
Hotel Lotte, the lodgings and duty-free sales unit of Lotte Group, could postpone its market debut until June to increase its valuation before going…
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Shinhan Financial outsmarts rivals in profits, assets
Shinhan Financial Group was by far the top earner among the country’s seven bank holding companies last year, while NH Financial Group was the only…
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Hanwha Total pays record-high dividends
Hanwha Total, one of the three chemical units of Hanwha Group, is set to pay its shareholders a record high of 434.1 billion won ($377 million) in…
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Korean food in the air
Celine Balmelle, general manager of Air France-KLM in Korea (far right) and chef Kim Youn-young of Korean restaurant Woonsan (center), pose at Woonsan…
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‘New car effect‘ lifts domestic car sales in March
Domestic car sales by the five Korean carmakers soared 17 percent to 148,888 units in March from the same period last year, bolstered by the “new car…
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CJ Cheiljedang’s Bio Business Recognized as Excellent Development Cooperation Model by UN
CJ Cheiljedang announced on March 31 that its eco-friendly bio business was recognized as a development cooperation model which contributes to the UN…
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KOTRA to Seek for Alternative to Kaesong Industrial Complex
The Korea Trade-Investment Promotion Agency (KOTRA) sends an investment delegation to Vietnam next month to look around industrial complexes located…
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Shinhan Financial leading globalization
Amid low growth and low interest rates, the country's banking industry is suffering from poor profitability. Shinhan Financial Group, however, is…
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Bio Korea 2016 to outline future of bio-health industry
Asia’s biggest international biotechnology and health care convention Bio Korea 2016 will kick off at Coex in southern Seoul on Wednesday, bringing…
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Renault Samsung to target niche market
The new head of Renault Samsung Motors vowed to focus on niche markets, such as compact sports utility vehicles this year, rather than jumping into…