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Sat, December 9, 2023 | 16:35
'Blockchain will become norm in 2019'
Simple Token CEO Jason Goldberg said that blockchain technology will take a center stage in a year after overcoming the negative sentiments over cryptocurrency craze.
McDonald's president at Olympics
McDonald’s High Growth Market President Joe Erlinger, left, and McDonald’s Korea CEO Cho Ju-yeon, second from left, distribute rice-cake soup to McDonald’s employees working at its special store for the PyeongChang Olympic Games at Ramada Gangwon Sokcho Hotel, Tuesday. To encourage workers, Erlinger is wearing traditional Korean dress just ahead of the Lunar...
Lunar New Year shopping
K-Sure CEO Moon Jae-do, right, shops at a traditional market in Seoul, Friday. He visited the market to promote traditional markets ahead of the Lunar New Year that falls on Feb. 16. / Courtesy of K-Sure
Hyosung CEO plays active role as global business leader
Hyosung Corporation Chairman and CEO Cho Hyun-joon seeks to reflect the voices of clients and markets in management by visiting global businesses and trade exhibitions around the world, the firm said Friday.
Hyosung chief stresses global perspective to make firm top global player
Hyosung Corporation has grown into a major global company with more than 70 percent of its sales coming from its 100-plus production and sales networks in 30 countries. Company officials said Thursday that that such impressive growth is a testament to the keen insight of Chairman and CEO Cho Hyun-joon, who recognized the importance of global management early in his career.
Blockchain tech will prevail soon
Blockchain, a decentralized system used for exchanges of virtual money such as bitcoin, still hasn't scratched the surface but it will become a mainstream platform soon, according to Alexander Ivanov, the founder of a distributed exchange called Waves.
Foreign investment hits record in 2017
South Korea's inbound foreign investment hit a record high of nearly $23 billion last year, despite geopolitical tensions with North Korea and China, according to the Ministry of Trade, Industry and Energy, Wednesday. This is an increase of 7.7 percent from 2016, it added. Korea has attracted more than $20 billion in foreign investment for three straight years.
World's first 8K OLED display
Models show off LG Display’s 88-inch 8K OLED display, both the largest and the highest-resolution OLED panel to date. The company plans to display the technology at the Consumer Electronics Show (CES), scheduled for Jan. 9 to 12 in Las Vegas. Courtesy of LG Display
Smart tech exhibition to be held on Songdo this week
In order to provide ideas on how to overcome serious poverty, hunger, disease and environmental pollution worldwide, a new type of industrial exhibition, the International Exhibition on Smart Technology for Sustainable Development & Procurement (STS&P 2017), will take place this week on Songdo, Incheon.
BOK expected to raise key rate to 1.5%
The Bank of Korea (BOK) is expected to raise its key rate at its monetary board on Thursday, according to a Korea Times survey of 10 analysts. All projected a 0.25 percentage point increase to 1.5 percent from 1.25 percent. It will be the first time in six years and five months since June 2011 that the central bank will increase the benchmark rate. BOK Governor Lee Ju-yeol ha...
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