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Saturday, August 19, 2017

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Hyundai Mobis researcher checking a component on a powertrain fuel cell complete module production line
Integrated Production
9 August 2017 - 12:45pm
Hyundai Mobis announced on August 9 that it built the world’s largest hydrogen car parts manufacturing plant in Cheongju, South Korea and the plant will be put into trial operation next month. The...
Korean banks posted more than 8 trillion won (US$7.1 billion) in combined net profit in the first six months, 1.7 times higher than a year ago.
Thanks to Interest Income
9 August 2017 - 12:45pm
South Korean banks posted more than 8 trillion won (US$7.1 billion) in combined net profit in the first six months, 1.7 times higher than a year ago. Combined interest income stood at 18 trillion won...
Payments by BC Card customers in their 20s or older for an accommodation sharing service Airbnb and a vehicle sharing service Uber swelled 137 percent annually.
Led by Those in Their 20s and 30s
9 August 2017 - 12:30pm
While the amount of fees for sharing economy services grew more than 100% annually, major user groups were spreading from those in their 20s and 30s to other age groups. On August 8, BC Card...
South Korea’s GDP volatility is falling more rapidly than the average of OECD member countries.
GDP Volatility
9 August 2017 - 11:00am
The Bank of Korea announced on August 8 that South Korea’s GDP volatility is falling more rapidly than the average of OECD member countries. The GDP volatility is one of those indicators that show...
The Korea Fair Trade Commission (KFTC) was given the highest grade, Elite, by the Global Competition Review (GCR) in its recent assessment of competition law and policy.
Contrary to Local Assessment
9 August 2017 - 11:00am
The Korea Fair Trade Commission (KFTC) announced on August 8 that it was given the highest grade, Elite, by the Global Competition Review (GCR) in its recent assessment of competition law and policy...
With Kakao Talk’s power of connection, Kakao Bank can promote consumption of Kakao contents and develop various business models including e-commerce using big data.
Based on Strong Platform
9 August 2017 - 10:45am
As Internet-only Kakao Bank fever has been sweeping, the power of the platform of the nation's most widely used messenger KakaoTalk has been confirmed once again. Kakao Bank has attracted nearly 1.52...
Samsung Electronics decided to apply its original OS Tizen to all Samsung home appliances.
For European OS?
9 August 2017 - 10:45am
Samsung Electronics decided to apply its original OS Tizen against Google (Android) and Apple (iOS), to all Samsung home appliances. In response to Google and Apple's two-frontrunner system, which...
Absence of Key Decision-Making
8 August 2017 - 4:15pm
On August 7, prosecutors demanded 12 years in jail for Lee Jae-yong, vice chairman of Samsung Electronics, not only Samsung but the business world was stupefied. This bombshell is spreading as...
Doosan Enpure’s employees inspect the company’s water treatment facilities.
Sludge-to-energy Plant Construction
8 August 2017 - 12:00pm
Doosan Heavy Industries announced on August 7 that Doosan Enpure, its subsidiary in the United Kingdom, signed a 30 billion won ($26.55 million) deal with a British water supplier Severn Trent Water...
The location of Duqm, Oman.
Oman’s Oil Refinery Construction
8 August 2017 - 11:45am
On July 7, Daewoo E&C announced that the company won Package 1 of the Duqm Refinery project by forming a joint venture with Tecnicas Reunidas (TR), a Spanish engineering procurement construction...
A product introduction at Duty-Free Shop of Lotte World Tower.
Dermatology + Cosmetics
8 August 2017 - 11:30am
LG Household and Health Care recently made a foray into the duty-free shop market by opening the first duty-free shop in Jamsil Lotte World Tower in Seoul. CNP Rx was launched in May last year based...
Mirae Asset Overseas Exchange Scholarship students are posing for a group photo shoot, holding Hope Bags.
Nurturing the Hopeful Young
8 August 2017 - 11:30am
The Mirae Asset Park Hyun-joo Foundation announced that the company held "Mirae Asset Scholarship Student Day" at Mirae Asset Daewoo Office in Yeouido on July 25. The event attended by more than 50...

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