By Lee Hyo-sik Will jailed business tycoons get out of jail any time soon? Cheong Wa Dae said Friday it is up to the Ministry of Justice, which could be interpreted as a yes, when considering Minister Hwang Kyo-ahn already left such a possibility ... Korea Times, 1 day ago
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By Lee Hyo-sik The number of smokers is expected to drop by about one third next year as the result of price hikes of at least 2,000 won ($1.82) more for a pack of cigarettes. The price increase, mostly accounted for by a tax increase, will ...Korea Times, 1 day ago
Huh Chang-soo FKI chairman Han Duck-soo KITA chairman Park Yong-maan KCCI chairman By Lee Hyo-sik The heads of Korea's five largest business associations will complete their terms early next year, drawing a great deal of attention from ...Korea Times, 6 days ago KITA offers overseas marketing PR course Korea Times, 2 months ago 'US businesses want fairer trade with Korea' Korea Times, 3 weeks ago
The Infiniti Q50 sports sedan. / Courtesy of Nissan Korea By Lee Hyo-sik Infiniti, Nissan Motor's luxury car brand, has generated a great deal of interest this year in Korea's imported car market, which has been largely dominated by European ...Korea Times, 5 days ago
Ondal restaurant at Sheraton Grande Walkerhill. / Courtesy Sheraton Walkerhill By Lee Hyo-sik Sheraton Grande Walkerhill has begun offering authentic Korean and Chinese food in a more stylish setting, attracting diners seeking to enjoy a gourmet ...Korea Times, 6 days ago
By Lee Hyo-sik President Park Geun-hye declared Thursday that it was time for a "new renaissance" for exporters. Park laid out three goals ― reducing nontariff barriers, fostering "hidden champions" among small and medium-sized enterprises, and ...Korea Times, 1 week ago
Headquarters of WeMakePrice in Samseong-dong, southern Seoul / Courtesy of WeMakePrice By Lee Hyo-sik WeMakePrice, a leading social commerce site, is seeking to become Korea's No.1 online retailer in 2015 through more effective marketing and ...Korea Times, 1 week ago
By Lee Hyo-sik Carmakers, shipbuilders and other exporters here will likely see their business environment deteriorate next year following Japanese Prime Minister Shinzo Abe's election victory on Sunday. Analysts say the latest election results ...Korea Times, 1 week ago Exports hit by 'Triple whammy' Korea Times, 2 months ago
By Lee Hyo-sik Chairman Chung Mong-koo Hyundai Motor Group said Monday that two auto units ― Hyundai Motor and Kia Motors ― will sell a combined total of at least 8 million vehicles this year, up 5.8 percent from 7.56 million in 2013. If this ...Korea Times, 1 month ago Hyundai Motor chairman accused of breach of trust Korea Times, 1 month ago POSCO delays IPO of energy unit Korea Times, 1 month ago Sale of Hyundai Securities to be delayed Korea Times, 1 month ago
By Lee Hyo-sik Lotte, Shilla and other duty free shop operators here will earn more from Chinese and non-Korean tourists this year than from local shoppers, the latest industry data showed Thursday. Non-Koreans are expected to outspend Koreans at ...Korea Times, 2 weeks ago Foreign tourists propel cosmetics market Korea Times, 1 month ago Reliance on Chinese tourists raises concern Korea Times, 1 month ago
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