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Thursday, August 24, 2017

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Samsung Engineering has landed two contracts from two subsidiaries of PTT, a Thailand state-owned oil & gas company.
Wining Based on Trust
17 August 2017 - 12:30pm
Samsung Engineering announced on August 16 that it won two contracts from two subsidiaries of PTT, a Thailand state-owned oil & gas company. The combined value of the contracts reaches...
Hyundai Mobis Develops Korea’s First Two-Way Charger for Electric Cars
Helping Solve Power Shortages
17 August 2017 - 12:30pm
A two-way charger for electric vehicles which can send out remaining electricity to a power grid was developed for the first time in Korea. Hyundai Mobis announced on August 16 that the company...
Foreign investors’ Korean stock purchase significantly reduced in July.
Due to N. Korea Risk
17 August 2017 - 12:00pm
Foreign investors’ Korean stock purchase significantly reduced in July. In particular, “China Money” keeps pulling out of the domestic stock market due to the aftermath of the deployment of the U.S....
The electric and electronics sectors in July showed a whopping 203.48 percent increase in net profit from the same period a year earlier, posting the highest growth.
Amid Record-breaking Profits
17 August 2017 - 11:45am
South Korea's major KOSPI-listed companies enjoyed a record-breaking performance in the first half of this year, showing a double-digit growth in terms of both operating profit and net profit....
Naver founder Lee Hae-jin recently aksed the Korea Fair Trade Commission (KFTC) to designate Naver as an ownerless company.
The reason why?
17 August 2017 - 11:45am
It has been found that Naver founder Lee Hae-jin recently visited the Korea Fair Trade Commission (KFTC) and asked the commission to designate Naver as an ownerless company if Naver is classified as...
Hyundai Motor Group engineers are testing its V2X communications technology.
Vehicle-to-everything Communications
16 August 2017 - 11:30am
Hyundai Motor Company and Kia Motors set up vehicle-to-everything (V2X) communication infrastructure equipment at seven intersections in Hwaseong City, Gyeonggi Province. The base stations for V2X...
A Korea-EU Personal Data Protection Seminar was held on July 18 last year in the headquarters of the Federation of Korean Industries.
Personal Information Protection
16 August 2017 - 11:30am
The European Union is planning to implement the General Data Protection Regulation (GDPR) in May next year so that any company violating it is subject to a fine equivalent to the bigger one of 4% of...
The National Pension Service (NPS) is planning to introduce a factor-based smart beta strategy in stock investment, causing some concerns.
Factor-based Smart Beta Strategy
16 August 2017 - 11:15am
The National Pension Service (NPS) is planning to introduce a factor-based smart beta strategy in stock investment. The strategy has already received attention in the public offering fund market for...
Korea’s money supply (M2), including household cash holdings and savings, increased by nearly 45 trillion won (US$39.42 billion) in the first half of this year.
Due to Low Interest Rates
16 August 2017 - 11:15am
South Korea’s money supply (M2), including household cash holdings and savings, increased by nearly 45 trillion won (US$39.42 billion) in the first six months this year. The figure is the largest in...
US President Donald Trump ordered an investigation into intellectual property infringement, taking aim at China not actively tackling the North Korean nuclear issue.
Sanctions against China
16 August 2017 - 11:15am
As US President Donald Trump ordered an investigation into intellectual property infringement, taking aim at China not actively tackling the North Korean nuclear issue, North Korean nuclear tension...
A group of individual shareholders in Lotte Group recently filed a petition opposing the group’s merger plan of four affiliates such as Lotte Confectionery, Lotte Chilsung Beverage Lotte Foods and Lotte Shopping.
Against Merger
15 August 2017 - 8:30pm
A group of individual shareholders in Lotte Group recently filed a petition opposing the group’s merger plan of four affiliates. In this regard, Lotte Group said on August 14, “We pledged the people...
Hyundai Motor is seeking to secure a commercial car production base in Indonesia targeting the Indonesian and Southeast Asian markets.
Production Base
15 August 2017 - 8:30pm
Hyundai Motor Co. is seeking to secure a commercial car production base in Indonesia. The company will aggressively target the Indonesian and Southeast Asian markets, which are expected to grow...

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