Coway’s ad gains massive views for the first time, and it thanks to BTS
Apr 19, 2021 06:21 am UTC| Business Economy
Coway is officially being represented by BTS, the South Korean Kpop superstars, and it has been releasing a series of advertisements recently featuring the boy band. With the postings of the ads, the company immediately...
Korean Air’s acquisition of Asiana may be affected by EU’s dismissal of the Canadian Air merger
Apr 19, 2021 05:31 am UTC| Business Economy
Korean Air and Asiana Airlines are set to merge in 2022, but it was delayed to 2024. The acquisition agreement was announced in November 2020, and the full merge of South Koreas major airlines will make it the...
S. Korea to increase R&D budget for next-generation cars
Apr 17, 2021 15:09 pm UTC| Business Economy Investing
South Korea will spend 367.9 billion in research development (RD) on key technologies for next-generation vehicles this year, up 37 percent from the previous year, to help local automakers take the lead in the...
Daewoo Shipbuilding's deal for LNG FSRU revised to building LNG carrier instead
Apr 17, 2021 15:06 pm UTC| Business Economy
Daewoo Shipbuilding Marine Engineering Co.s deal with Japanese shipowner Mitsui OSK Lines (MOL) to build a liquefied natural gas (LNG) floating storage regasification unit (FSRU) has been revised to building a super-large...
Toyota recalls 373,000 Venza SUVs worldwide due to airbag wiring defect
Apr 17, 2021 09:20 am UTC| Business Economy
Toyota is recalling about 373,000 Venza SUVs worldwide from 2009 through 2015 model years because of a wiring problem that can prevent the side airbags from inflating in a crash. The recall, which includes nearly...
US to keep monitoring S. Korea for currency manipulation
Apr 17, 2021 08:16 am UTC| Economy Business
The US is keeping South Korea on a list of its major trading partners to monitor for currency manipulation that puts American workers at an unfair disadvantage. The US Treasury Departments semiannual report to Congress...
Heineken to decarbonize production by 2030 and full value chain by 2040
Apr 17, 2021 08:01 am UTC| Business Economy
Heineken announced goals to decarbonize its production by 2030 and its full value chain by 2040, while also delivering on an interim target to cut emissions from its value chain by 30 percent against a 2018 baseline by...
‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India