News | BusinessKorea

Thursday, August 24, 2017

News

Grinding to Halt
18 August 2017 - 11:15am
The sale of Kumho Tire led by the Korea Development Bank (KDB) has virtually ground to a standstill in seven months after Chinese tire maker Doublestar was selected as a preferred bidder in January...
Dessert cafe franchise Sulbing decided to sell at least 50% of its management rights mainly due to slow sales in China.
Victim of Fake Trademark
18 August 2017 - 11:00am
Dessert cafe franchise Sulbing decided to sell at least 50% of its management rights with Deloitte Anjin LLC appointed as the lead manager. At present, Sulbing founder Jung Sun-hee and her family own...
Four subsidiaries of Lotte Group -- Lotte Confectionary, Lotte Shopping, Lotte Chilsung and Lotte Food -– will more than double their dividend payout ratios in order to raise shareholder value.
Prior to Conversion into Holding Company
18 August 2017 - 3:45am
Four subsidiaries of Lotte Group -- Lotte Confectionary, Lotte Shopping, Lotte Chilsung and Lotte Food -– announced in a public disclosure on August 17 that they will more than double their dividend...
Bilateral trade volume between South Korea and japan expanded 33-fold over the past 25 years since the establishment of diplomatic relations.
Competition amid Growing Trade Volume
18 August 2017 - 3:45am
Over the past 25 years since the establishment of diplomatic relations between South Korea and China, bilateral trade volume expanded 33-fold. The volume increased explosively as the volume of South...
Related Korean industries are showing the response that Korean companies are out of reach as the trade war between the US and China is expanding to the semiconductor sector.
IP Right Infringement
18 August 2017 - 3:45am
As the US semiconductor industry made it clear that it will cooperate with US President Trump’s executive order to look into infringements on US intellectual property rights, the Korean business...
The price difference of smartphones is widening.
Polarization of Smartphones
17 August 2017 - 2:45pm
Smartphone makers will release high-end smartphones with a price of 1 million won (US$877) in the second half of this year. With low-end smartphones which are priced at 200,000 won (US$175) being...
Daewoo Shipbuilding & Marine Engineering (DSME) liquidated Pangea LNG B.V. in June and put D&H Solutions AS in the liquidation process.
Selling Off Overseas Subsidiaries
17 August 2017 - 2:45pm
It has been found that Daewoo Shipbuilding & Marine Engineering (DSME) liquidated Pangea LNG B.V., one of its subsidiaries abroad, in June this year. Pangea LNG was established in 2012, fully...
Deputy prime minister Kim Dong-yeon (right) and Bank of Korea Governor Lee Ju-yeol
Against Intervention by Presidential Office
17 August 2017 - 2:30pm
Deputy Prime Minister and Minister of Strategy & Finance Kim Dong-yeon and Bank of Korea Governor Lee Ju-yeol had a meeting on August 16. There, they called on the Blue House (Presidential Office...
The captured image of the Journal of Sexual Medicine.
Third Phase Clinical Trial
17 August 2017 - 1:45pm
Hanmi Pharmaceutical Co. announced on August 16 that the third clinical trial results of its “Gugutams,” a combined treatment for prostatic hypertrophy and erectile dysfunction, were released in the...
Nongshim’s Shin Ramyun
For First Time in Korean Food Industry
17 August 2017 - 1:15pm
Nongshim completed its instant noodle Shin Ramyun’s entry into 4,692 Walmart stores all over the United States in June this year. As a result, Shin Ramyun took the honor of being "the first Korean...
Kumho Tire union and Gwangju mayor Yoon Jang-hyun among other people are shouting slogans in a press conference on blocking the improper overseas sell-off of Kumho Tire on August 16.
Against Selling-off
17 August 2017 - 1:00pm
The Korean corporation of Chinese Double Star filed an application to the Korean Ministry of Trade, Industry and Energy to acquire Kumho Tire on August 16. "Xingwei Korea, the Korean corporation of...
The E-Land Group decided to sell off E-Land's hotels and leisure facilities including Kensington Jeju Hotel.
Suffering Liquidity Issue
17 August 2017 - 12:30pm
As the E-Land Group decided to sell off E-Land's hotels and leisure facilities, it is garnering a lot of attention whether the sell-off of them will save E-Land which is in a liquidity crisis. ...

Pages

Subscribe to News

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224
Email: contact@businesskorea.co.kr

 
 

Web design by: