
LG to focus on producing home appliances in Vietnam
Apr 21, 2021 11:05 am UTC| Business
South Korean tech giant LG Electronics Inc plans to produce home appliances from its smartphone manufacturing line in northern Vietnam, with the transformation completed within this year while reallocating affected...

S. Korea's domestic flights carry 2.6 million passengers to surpass pre-pandemic level in March
Apr 21, 2021 11:02 am UTC| Business Economy
South Koreas domestic air traffic surpassed the pre-pandemic level last month with local airlines operating 17,166 domestic flights, carrying 2.6 million passengers, higher than pre-pandemic levels in March 2019, when they...

Home Depot facing boycott over Georgia voting law
Apr 21, 2021 09:54 am UTC| Business Economy
Home Depot was placed in the spotlight after religious groups in Georgia have gathered and called on the people to boycott the company. On Tuesday, April 20, activists have spoken out against the home improvement retailer...

Procter & Gamble to issue price hike on products this September
Apr 21, 2021 09:51 am UTC| Business Economy
Procter Gamble is the latest major company to announce an upcoming price hike for its products. The company also said that this move was to offset higher commodity costs. PG moves to fight steeper commodity cost As...

Moderna mulling on setting up its branch in S. Korea
Apr 21, 2021 09:24 am UTC| Business Economy
Moderna is said to be mulling over creating its manufacturing partner in South Korea. This affiliate will be given the power to handle the production of its COVID-19 vaccines in the country, so there will be a local...

Boeing: Dubai Aerospace places an order of 15 737 MAX jets
Apr 21, 2021 07:04 am UTC| Business Economy
Boeing scored a new order of its 737 Max jets this week as the Dubai Aerospace Enterprise (DAE) was reported to have asked for 15 units from the America planemaker. The purchase was announced on Tuesday, April 20, and the...