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Saturday, January 21, 2017

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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...
Lotte Group has decided to accelerate the adoption of a holding company structure in the near future.
Trial to Change
20 January 2017 - 11:00am
The Lotte Group announced on January 19 that it decided to review the adoption of a holding company structure in the near future and it is considering various ways to that end. According to industry...
Hyundai Merchant Marine Co. (HMM), has decided to buy a 20 percent stake in a terminal at the Port of Long Beach in the United States.
Ownership of Long Beach Terminal
20 January 2017 - 11:00am
Hyundai Merchant Marine Co. (HMM), has decided to buy a 20 percent stake in Hanjin Shipping Co.'s Terminals International LLC (TTI), which operates a terminal at the Port of Long Beach in the United...
Korea Investment Corporation (KIC) began to provide the entrusted management service from the Bank of Korea as CEO Eun Sung-soo took office last year.
Sovereign Fund Starting Again
19 January 2017 - 4:00pm
It has been found that the Bank of Korea entrusted the management of US$5 billion to Korea Investment Corporation (KIC), the sovereign wealth fund of South Korea, last year after a hiatus of five...
POSCO has become the number one among Korean enterprises in terms of global sustainable management and foreign investors’ preference.
Global Sustainable Company
19 January 2017 - 3:45pm
It has been found that POSCO has become the number one among South Korean enterprises in terms of global sustainable management and foreign investors’ preference. The South Korean steel company...
Lotte Global Logistics CEO Lee Jae-bok (right in the picture) and Yunda Express chairman Nie Tengyun sign an MOU to share logistics infrastructures in Shanghai.
Logistics Expansion in China
19 January 2017 - 3:30pm
Lotte Global Logistics signed a memorandum of understanding with Yunda Express in Shanghai on January 9 and ZM Logistics on the following day so that their logistics infrastructure can be better...
NanoEnTek researchers demonstrating FREND Vitamin D
Measurable within 20 Minutes
19 January 2017 - 3:00pm
South Korean point-of-care testing device manufacturer NanoEnTek announced on January 18 that it obtained an FDA approval for its FREND Vitamin D, with which blood vitamin D concentration can be...
Costa Rica President Luis Guillermo Solis visits the IFEZ Public Relations Office with Incheon Mayor Yoo Jeong-bok on October 14 in 2016.
Must-go Place
19 January 2017 - 2:30pm
The Incheon Free Economic Zone (IFEZ) Public Relations Office has emerged as a place key figures at home and abroad must go. In particular, most foreign visitors were potential investors and...
A Samsung Heavy Industries’ 145,000-cubic-meter FSRU delivered to Norway-based Hoegh LNG Holdings in 2009.
FSRU Order
19 January 2017 - 2:30pm
Samsung Heavy Industries Co. (SHI), a major shipyard in South Korea, has clinched a 270 billion won (US$230.47 million) deal from Norway’s floating liquefied natural gas (LNG) service provider to...
Hyundai Heavy Industries (HHI) Group will establish tentatively named “Hyundai Robotics” as an operating holding company.
Creation of Holding Company
19 January 2017 - 1:30pm
Until now, Hyundai Heavy Industries Co. (HHI), the world's biggest shipbuilder, has said that its spin-off is just for survival. However, the company officially announced to set up its holding...
Samsung Electronics will start providing its system-on-chip Exynos processors for Audi’s next-generation in-vehicle infotainment system.
Brain for Audi Cars
19 January 2017 - 1:15pm
Samsung Electronics is to provide German auto brand Audi with its system-on-chip solution, which serves as the brain of future cars. This is the first time for the company to supply a system...

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