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Monday, January 23, 2017

Industry

2016 [Mamonde] The opening day of the first Amore Pacific store in Malaysia.
Taking-off to 'Great Company'
23 January 2017 - 1:00pm
Amore Pacific (Chairman, Suh Kyung-bae) is devoting itself to becoming an “Asian Beauty Creator", its vocation to spread the essence of Asian beauty throughout the world. Amore Pacific announced that...
South Korean Minister of Trade, Industry & Energy Joo Hwang-wan (right in the picture) met with Khalid A. Al-Falih, Minister of Energy, Industry & Mineral Resources of Saudi Arabia, on January 18.
Against Protectionism
23 January 2017 - 12:30pm
South Korean Minister of Trade, Industry & Energy Joo Hwang-wan said at the Informal WTO Ministerial Gathering in Davos, Switzerland on January 20 (local time) that the judicial function of the...
Samsung Electronics filed a US$492 million damage compensation against three Japanese liquid crystal diode (LCD) panel manufacturers including Sharp.
LCD TV Panel Supply
23 January 2017 - 11:00am
It has been found that Samsung Electronics filed a compensation suit against three Japanese liquid crystal diode (LCD) panel manufacturers including Sharp. Japan-based JiJi Press reported on January...
The Korean government will raise a fund of 300 billion won (US$255 million) for the promotion of new industries that are the most closely related to the fourth industrial revolution.
Investment for 4th Industrial Revolution
20 January 2017 - 12:30pm
The Ministry of Trade, Industry & Energy and the Financial Services Commission of South Korea announced on January 19 that they would raise a fund of 300 billion won (US$255 million) for the...
The Korea Trade Insurance Corporation (K-sure) has succeeded in collecting 97 million euros with regard to the Mapna project in Iran.
Collection from Iran
20 January 2017 - 12:30pm
The Korea Trade Insurance Corporation announced on January 19 that it succeeded in collecting 97 million euros with regard to the Mapna project in Iran. In the power plant construction project,...
C-trip, one of the largest online travel agencies in China, began to provide a free shuttle bus service for Chinese tourists in S. Korea amid Sino-Korean relations worsening with regard to THAAD deployment.
Promotion amid Restriction Measures
20 January 2017 - 12:15pm
It has been found that C-trip, one of the largest online travel agencies in China, began to provide a free shuttle bus service in South Korea on the second day of this year with Sino-Korean relations...
Taihan Electric Wire Cohas won orders worth US$62 million to build high-voltage power network in the Middle East.
Ultra-high Voltage Cable Deal
20 January 2017 - 12:00pm
Taihan Electric Wire Co., a South Korean leading provider of industrial cables, has won two orders worth US$62 million (73.04 billion won) to build high-voltage power network in the Middle East....
Koo Ja-eun, chairman of LG Mtron’s Business Division (third from the left in the back row), Kim Yeon-soo (left in the front row) and Trần Bá Dương, chairman of Thaco (right in the front row).
Strategic Base
20 January 2017 - 12:00pm
LS Mtron announced on January 19 that it signed a contract to supply and produce agricultural machinery with Thaco, the No. 1 automaker in Vietnam. The company is planning to make a full-scale foray...
Samsung Group plans to list Bioepis on the NASDAQ.
Responding Strategy
20 January 2017 - 11:15am
With an arrest warrant of Lee Jae-Yong, vice chairman of Samsung Electronics by the Special Investigation Team dropped, Samsung decided to respond to Elliot Management’s demand to list Samsung...
LG CNS officials analyze the process of business models using the MDD technology.
Programing without Coding
20 January 2017 - 11:15am
LG CNS announced on January 19 that it has used an automatic programming for more than 400 projects without coding technology as of January this year. Currently, the sales system of GS Retail and the...
The Cheong Kwan Jang HUB store run by KGC Ginseng Corporation.
Towards Total Health Firm
20 January 2017 - 11:00am
Korea Ginseng Corporation (KGC) announced that it has opened “Cheong Kwan Jang HUB” store on January 18. The Cheong Kwan Jang HUB store consists of three sections – Health, which sells red ginseng...
Kumho Tire has selected Doublestar, a Chinese tire manufacturer, as the preferred bidder for the acquisition of itself.
Competition for Kumho Tire
20 January 2017 - 11:00am
Kumho Tire announced that it selected Doublestar, a Chinese tire manufacturer, as the preferred bidder for the acquisition of itself. At present, Doublestar ranks 30th or so in the global tire...

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