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Incheon Airport Unable to Find Suitable SMEs to Run Duty-free Shops for 5 Months
Economic Democratization ParadoxThe Incheon Airport duty-free shop area is quite popular with travelers.SEOUL, SOUTH KOREA20 July 2015 - 12:30pmJung Min-heeEven though Incheon International Airport,...
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New Winners of Licenses to Run Duty-free Shops in Downtown Seoul
Golden TicketThe planned duty free shop complex in Yongsan could be the largest in the world. (Photo via Hotel Shilla)SEOUL, SOUTH KOREA20 July 2015 - 3:45pmMarie KimA much-hyped bidding race for...
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DongA ST Signs License Agreement with Russian Geropharm for Diabetes Drug...
Market ExpansionDong-A Socio Holding's New DM bio plant.SEOUL, SOUTH KOREA20 July 2015 - 6:15pmMarie KimOn July 20, DongA ST (CEO Park Chan-il) announced that the company signed a license contract with...
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LG to Launch Innovative Dual Tub Washing Machine
Twice as NiceJo Seong-jin (2nd from left), president and CEO of LG's Home Appliance division, poses with models and the new LG Twin Wash System at the company's headquarters in Yeouido, Seoul, on July...
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Huge Challenge Ahead for Korean Cosmetics Manufacturers
China DangerSEOUL, SOUTH KOREA4 August 2015 - 11:45amJung Min-heeChinese companies are trying to snatch people and their expertise from the Korean cosmetics industry, as Korean cosmetics products are...
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CJ Adds 2 More 4DX Cinemas in New York
U.S. Market InvasionThe 4DX cinema at LA Regal Cinemas.SEOUL, SOUTH KOREA4 August 2015 - 6:30pmJung Suk-yeeCJ 4DPlex, a subsidiary of CJ CGV, announced that it has expanded a strategic partnership with...
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Korean Air to Build Korea's Version of Roppongi Hills
Culture-Tourism SynergyA view of Tokyo's Roppongi Hills at night.SEOUL, SOUTH KOREA19 August 2015 - 11:15amJung Min-heeKorean Air will build a cultural complex, tentatively called the "K-Experience...
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Korean Air Introduces Next-gen B747-8i Jet Airliner
UpgradesThe new Korean Air B747-8i airplane.SEOUL, SOUTH KOREA27 August 2015 - 10:00amJung Min-heeAt Boeing's Everett Delivery Center in Seattle on Aug. 25 (local time), Korean Air held a ceremony to...
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Samsung Medical Center to Make Large-scale Investment in its ICU
Facilities UpgradeA view of Samsung Medical Center at night.SEOUL, SOUTH KOREA3 September 2015 - 10:45amJung Min-heeThe Samsung Medical Center will overhaul its intensive care unit (ICU) system in...
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‘Korea Is Only Asian Country to Compete with Hollywood’s Cultural Hegemony’
Hollywood CompetitionChung Jen Feng, vice president of Wanda Media.SEOUL, SOUTH KOREA4 September 2015 - 9:45amJung Min-heeChung Jen Feng, vice president of Wanda Media, said at the 4th KOFIC Global...
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Korean Medical Companies Sign 15 MOUs with Chinese Counterparts
Medical MOUDuring a telemedicine demonstration in 2012, employees of Seoul National University Hospital consult with a patient in Abu Dhabi.SEOUL, SOUTH KOREA4 September 2015 - 6:15pmMichael HerhKorean...
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Samsung Taps into Arthritis Treatment Market Worth US$8.7 Billion
Biosimilar BiomarketSEOUL, SOUTH KOREA8 September 2015 - 11:45amJung Min-heeAs the first biosimilar of Samsung Bioepis has received approval in Korea, Samsung Group’s bio business is expected to expand...
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Chinese Airlines Dominate 80% of Flights from Jeju to China
Chinese InvasionSEOUL, SOUTH KOREA15 September 2015 - 10:30amJung Min-heeAlthough the number of Chinese tourists who visit Jeju Island is skyrocketing, Chinese airlines dominate more than 80 percent of...
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Restrictive Local Regulatory Environment Forces Some Franchises to Leave for...
Bureaucratic BanishmentThis Bibigo restaurant in Singapore serves modern style Korean dishes to an international clientele.SEOUL, SOUTH KOREA16 September 2015 - 3:15pmMarie KimKorean food franchises...
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Nongshim Celebrates 50th Anniversary
Day of GratitudeA Nongshim Spicy Mushroom Shin Ramyun bowl.SEOUL, SOUTH KOREA18 September 2015 - 8:30pmMarie KimNongshim (CEO Shin Choon-ho) released a business blueprint for Baeksansoo, its natural...
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