S. Korea to boost tax incentives on battery sector
Jul 09, 2021 23:50 pm UTC| Economy Business
South Koreas battery makers and related firms will receive up to a 50 percent tax discount for RD spending and 20 percent tax cuts on facility investment under the Ministry of Trade, Industry, and Energys K-battery...
Shinhan Bank to stop offering online access to fractional art investing
Jul 09, 2021 23:47 pm UTC| Economy Business
Shinhan Bank would stop providing access to customers looking for fractional art ownership via a mobile application due to opposition by South Koreas regulatory Financial Supervisory Service. The regulator categorized...
Korea Aerospace wins 755 billion won plane parts deal from UK
Jul 09, 2021 23:43 pm UTC| Economy Business
Korea Aerospace Industries Co. (KAI) has received a 754.6 billion-won order to supply single-aisle wing parts to an identified British aircraft company from January 2026 to December 2030. KAI used to manufacture wing...
Mazda recalling 261,000 cars over emblems that may shatter upon airbag inflation
Jul 09, 2021 23:39 pm UTC| Economy Business
Mazda is recalling nearly 261,000 Mazda 3 cars from the 2004 through 2007 model years due to a plastic emblem on the steering wheel that may shatter if the airbags are inflated. US safety regulators warned that the...
IBM Korea announces the appointment of Won Sung Shik as new chief
Jul 09, 2021 10:05 am UTC| Business Economy
IBM Korea made an announcement on Thursday, July 8, and it was related to a major shake-up in its line of company executives. It was revealed that it has appointed a new country general manager, and the firm chose Won Sung...
National Geographic, Kodak turn into leading fashion brands in S. Korea
Jul 09, 2021 09:39 am UTC| Business Economy
National Geographic and Kodak are popular brands around the world, and each is known to operate in different fields. The former is a popular magazine that features science and explorations, while the latter is a name...
Beyond Meat unveils new vegan chicken tenders in the US
Jul 09, 2021 09:00 am UTC| Business Economy
Beyond Meat launched a new meatless product, and it is the chicken option for its range of plant-based meat products. On Thursday, July 8, the company announced it has released its meat-free chicken tenders in the United...
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