
Fried chicken stores enjoy spike in sales on day of S. Korea’s first World Cup match
Nov 29, 2022 21:38 pm UTC| Life Economy Business
Sales by fried chicken franchises increased by as much as 200 percent on the day of South Koreas first football match at the 2022 Qatar World Cup. The BHC Group reported a 200-percent sales jump from the previous month,...

Sandbox Network announces restructuring plans to recover losses and grow the company
Nov 29, 2022 10:00 am UTC| Business Economy
Sandbox Network, the South Korea-based digital entertainment company that provides multi-channel network services for digital content, announced its corporate restructuring plans for the company to survive. Sandbox...

NCSoft’s ‘Lineage’ game franchise reaches new milestone by hitting $10B sales since launch
Nov 29, 2022 09:00 am UTC| Business Economy
NCSoft Corp., the South Korean video game developer and publisher headquartered in Pangyo, Seongnam, revealed it has achieved a new milestone since the company was established. The company said that it has been 24 years...

LG CNS’ AI English learning app rebranded as ‘Buttertime’
Nov 29, 2022 07:55 am UTC| Business Economy
LG CNS has rebranded its artificial intelligence (AI) based English education app that can predict TOEIC and OPIC test scores. The information technology subsidiary of the LG Group is now calling the said language learning...

Striking cargo truckers reveal failed talks, Korean industrial businesses put to a halt
Nov 29, 2022 07:34 am UTC| Business Economy
Thousands of truckers in South Korea are on strike, and on Monday, Nov. 28, the group and government officials held a 2-hour meeting. Unfortunately, the two camps were not able to reach an agreement, and a threat of...

KFC, Pizza Hut owner Yum Brands and Goldman Sachs’ PIA bid to acquire Korea’s Mom's Touch
Nov 29, 2022 07:22 am UTC| Business Economy
Moms Touch, a chicken burger chain based in South Korea, is up for sale and many companies are interested. Bidders are placing their bids, and in the latest update, a lot of international private equity firms also joined...

Governor eyes ‘hydrogen pipeline’ for Tokyo
Nov 28, 2022 23:27 pm UTC| Nature Economy Business
Tokyo Governor Yuriko Koike plans to build a hydrogen supply network of pipelines to receive green hydrogen in efforts to reduce greenhouse gas emissions. Koike considers green hydrogen as a pillar to achieve...