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The Korea Herald

Companies

October 22, 2024
Korean startups win at sustainability competition in Indonesia

The organizers of the 5th Korea-ASEAN Business Model Competition for SDGs, held in Indonesia, said Tuesday that the event attracted a wide range of startups and small and medium-sized enterprises from South Korea and ASEAN countries. This year's contest aimed to foster innovative solutions to achi...
October 22, 2024
Hana Financial to lure seniors with Hana The Next

Hana Financial Group said Tuesday that it is ramping up efforts to offer more tailor-made services for senior customers under the new brand name Hana The Next. The new launch, a collaboration of its key affiliates including Hana Bank, Hana Securities and Hana Insurance, will cover both financial a...
October 22, 2024
APR expands K-beauty influence in Hong Kong

South Korean beauty company APR announced Tuesday that it has strengthened its presence in Hong Kong’s competitive market through strong sales from both a pop-up store and a major e-commerce platform. Earlier this month, APR’s flagship skincare brand, Medicube, launched on HKTVmall, Hong Kong’s...
October 22, 2024
Hyundai Motor chief vows full-support for India’s mobility innovation

Expanding its footing in India, the world’s third-largest automotive market, Hyundai Motor Group Executive Chair Chung Euisun met with Prime Minister Narendra Modi on Monday to explore ways to enhance cooperation and advance the country’s mobility industry. After expressing gratitude for the Ind...
October 22, 2024
Hyundai E&C to expand presence in South Australia

Hyundai Engineering & Construction said Tuesday that it has signed a memorandum of understanding with the government of South Australia at the company's headquarters in Jongno-gu, central Seoul. Hyundai E&C and the South Australian government will jointly carry out projects related to renewable en...
October 22, 2024
8 out of 10 companies support raising retirement age: survey

Eight out of 10 businesses support a proposal to raise the mandatory retirement age for employees, currently set at 60, according to a survey released Monday. The survey, conducted by online recruiter Saramin among 461 companies, also found that the preferred new retirement age averages 65.7 years...
October 21, 2024
Doosan reattempts business restructuring plan

Doosan Group announced Monday a revised business realignment plan to go ahead with its earlier bid to incorporate Doosan Bobcat into Doosan Robotics as a subsidiary as the conglomerate looks to create better synergy between its affiliates to expand businesses. The two boards of Doosan Enerbility, ...
October 21, 2024
LG chief to hold monthlong meetings with key affiliates

LG Group Chairman Koo Kwang-mo will reportedly receive business reports from major affiliates sequentially over the next month, starting with the electronic affiliates on Monday to establish next year’s business plans, according to industry sources, Monday. LG holds strategic meetings in the firs...
October 21, 2024
[From the Scene] Hyundai Motor offers sneak peek at software-driven manufacturing

UIWANG, Gyeonggi Province – Hyundai Motor Group on Monday unveiled its 200 key automotive solutions powered by artificial intelligence, big data and robotics, aimed at transforming the carmaker’s auto manufacturing plants from hardware-centered facilities to software-driven smart factories. “Li...
October 21, 2024
KG Mobility, China’s Chery to develop plug-inhybrids

KG Mobility, a South Korean sport utility vehicle maker, has teamed up with China’s Chery Automobile to co-develop a range of vehicles including plug-in hybrid cars to expand its global presence. According to a KG Mobility regulatory filing on Monday, the auto brand signed a platform technical li...
October 21, 2024
[Herald Interview] Hanjin scion readies for big leap

Emily Cho, president and chief marketing officer of Hanjin Logistics, visited 11 countries in the first half of this year alone as she continued adding impetus to extending the shipping network of the company her grandfather founded 79 years ago. "I try to be present in meetings with our global cl...
October 21, 2024
Hanjin Logistics eyes bigger footing in Eurasisa

Hanjin Logistics, an affiliate of South Korean airline-to-logistics conglomerate Hanjin Group, said Monday that it is strengthening its logistics business in Eurasia, with a particular focus on Uzbekistan. According to the company, Hanjin Logistics CEO Noh Sam-sug and President and Chief Marketing...
October 21, 2024
Daewoo E&C wins W1tr plant project in Turkmenistan

South Korean builder Daewoo Engineering & Construction has been selected as the winning bidder for a mineral fertilizer plant project in Turkmenistan, valued at approximately 1 trillion won ($730 million), according to the company Monday. The project involves the construction of a mineral fertiliz...
October 20, 2024
[KH Explains] Indonesia's halal certification: Double-edged sword for Korean food industry?

Korea’s position in halal certified products The rising popularity of Korean cuisine among millennials and Generation Z in Indonesia is definitely seen as a promising market for domestic food companies. According to the Korea International Culture Exchange Foundation’s 2022 survey, the growing ...
October 20, 2024
Hyundai Motor to launch first EV in India

Hyundai Motor Group said Sunday it is set to launch its first electric vehicle in India, the electrified version of its popular sport utility vehicle Creta, in January next year, solidifying its top-tier position in the fast-growing automotive market. The Creta EV will be produced at the carmaker’...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099