KoreaTimes - Companies

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Sat, June 3, 2023 | 17:57

Big businesses face growing union pressure to extend retirement age

Big businesses face growing union pressure to extend retirement age

Extending the retirement age beyond 60 has become the top priority of unionized workers at major Korean companies in this year's collective bargaining talks, according to industry officials, Tuesday.

Park Jae-hyuk | 2023-05-30 17:00

Running convenience stores becomes popular among people in 20s, 30s

Running convenience stores becomes popular among people in 20s, 30s

Lee Sung-bong, 25, opened a CU convenience store in southwestern Seoul's Guro District last August, on recommendation from his parents who have been running one for years. “My parents have been in the convenience store business and they suggested I start my own,” Lee said.

Kim Jae-heun | 2023-05-30 16:56

LG Energy Solution fosters employee growth

LG Energy Solution fosters employee growth

LG Energy Solution (LGES) launched its internal independent companies, KooRoo and AVEL, last year to help expand its battery ecosystem. These independent companies are organized to pursue new ideas swiftly by exploring future growth engines centered on the existing battery business. The company also aims to provide opportunities for individual growth by allowing members to ta...

2023-05-30 16:19

Kia aims to sell 93,000 EVs in Europe this year

Kia aims to sell 93,000 EVs in Europe this year

Kia, Korea's second-biggest carmaker, said Tuesday it aims to sell 93,000 all-electric vehicles (EVs) in Europe in 2023 by launching the flagship EV9 SUV later this year.

2023-05-30 15:56

Former presidential protocol secretary to head Hyundai Motor's gov't affairs

Former presidential protocol secretary to head Hyundai Motor's gov't affairs

Hyundai Motor Group has decided to hire Kim Il-bum, former presidential protocol secretary, as the head of its division handling government-related affairs, according to company officials, Tuesday. The company said it is in the process of recruiting Kim to strengthen its global external policy capabilities and support its activities related to the nationwide campaign to host ...

Kim Hyun-bin | 2023-05-30 15:14

SME biz sentiment for June swings to downturn on weaker economy

SME biz sentiment for June swings to downturn on weaker economy

Korean smaller firms' business outlook switched to a downturn for June on the country's slowing economy, a poll showed Tuesday.

2023-05-30 14:20

Korea's antitrust regulator approves Microsoft's takeover of Blizzard

Korea's antitrust regulator approves Microsoft's takeover of Blizzard

Korea's antitrust regulator said Tuesday it has decided to approve Microsoft's takeover of Activision Blizzard as the deal is unlikely to hinder competition in the Korean gaming market.

2023-05-30 14:09

SKC, POSCO partner up to develop next-generation battery materials

SKC, POSCO partner up to develop next-generation battery materials

SKC, an advanced materials maker under Korea's SK Group, said Tuesday it is joining hands with steel giant POSCO Holdings to develop next-generation secondary battery components as part of efforts to boost competitiveness in the rapidly growing industry.

2023-05-30 12:02

POSCO Future M-GM venture secures $221 mil. funding from Canadian gov't

POSCO Future M-GM venture secures $221 mil. funding from Canadian gov't

POSCO Future M, a major Korean manufacturer of secondary battery materials, said Tuesday its joint venture with General Motors has secured C$300 million ($221 million) in funding from the Canadian government for their envisioned cathode plant in Quebec.

2023-05-30 10:48

POSCO International enters battery materials business

POSCO International enters battery materials business

POSCO International has entered the secondary battery materials business in support of its parent firm's effort to specialize in eco-friendly materials, a company official said Monday. The trading firm signed a long-term supply contract with FARU Graphite in Tanzania, a subsidiary of Australian mining company Black Rock Mining, to receive 750,000 tons of natural graphite over...

Kim Jae-heun | 2023-05-29 17:01

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Roland Garros 2023

2	Airlines fiercely compete to acquire additional aircraft

3	Seoul imposes sanctions on North Korean hacking group for role in space launch

4	More banks offer daily interest payments on deposits

5	KAERI distances itself from Oxford professor's claim on Fukushima water

6	POSCO, GM expand joint EV battery materials investment in North America

7	HMM tasked with preventing sale of Hyundai LNG to foreign firm

8	LG Chem joins Korean firms strengthening ties with Japan

9	Hyundai Elevator launches AI, IoT-powered maintenance service

10	Indo-Pacific region highlighted as important for Korean economy's future

DARKROOM