KoreaTimes - Companies

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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Business

Companies

Sat, June 3, 2023 | 23:29

Major Korean companies awarded for ESG efforts

Major Korean companies awarded for ESG efforts

The Korea Times held an event to honor companies leading in environment, social and corporate governance (ESG) efforts during an award ceremony hosted jointly by its sister paper, The Hankook Ilbo, and Statista, a German market research firm, at the Korea Press Center in Seoul, Thursday.Over 30 representatives from Korean companies, including SK hynix, Samsung SDI, LX Hausys ...

Kim Hyun-bin | 2023-05-25 16:13

POSCO International to boost steel trade, energy business in Australia, Southeast Asia

POSCO International to boost steel trade, energy business in Australia, Southeast Asia

POSCO International has decided to expand its steel trading and energy businesses in Southeast Asia and Australia to help boost Korea's faltering outbound shipments, company officials said Thursday.

Kim Jae-heun | 2023-05-25 16:11

Hyundai Motor chief speaks to young Koreans

Hyundai Motor chief speaks to young Koreans

Hyundai Motor Group Chairman Chung Euisun, center, speaks to an audience of young people during an event in Seoul hosted by the Federation of Korean Industries (FKI), Thursday. From left are SOCAR CEO Park Jae-wook, Chung, and celebrity turned-CEO Noh Hong-chul. Courtesy of FKI

Kim Hyun-bin | 2023-05-25 16:01

Biz leaders, gov't officials discuss carbon neutrality at climate expo

Biz leaders, gov't officials discuss carbon neutrality at climate expo

Top executives of major South Korean and global tech and energy companies, including Google Inc. and RWE A.G., gathered Thursday to discuss ways and their roles to advance carbon neutrality goals, a business association said.

2023-05-25 14:19

AmorePacific, LG H&H struggle to lessen reliance on China

AmorePacific, LG H&H struggle to lessen reliance on China

The country's top two cosmetics firms ― AmorePacific and LG Household & Health Care (LG H&H) ― are struggling to reduce their reliance on China as their sales in other regions including North America are not enough to offset falling sales in the world's second-largest economy, according to company officials Wednesday.

Kim Jae-heun | 2023-05-25 08:26

SK On raises $944 mil. in pre-IPO funding

SK On raises $944 mil. in pre-IPO funding

Korean battery maker SK On Co. has secured $944 million from investors in a round of funding in preparation for an initial public offering (IPO), its parent company said Wednesday. The board of SK Innovation Co. approved the equity investment agreement it and SK On signed with a consortium of financial investors, led by private equity fund MBK Partners, under which the batter...

2023-05-24 21:07

Busan climate fair to bolster city's Expo bid

Busan climate fair to bolster city's Expo bid

A global climate industry fair in Busan, a candidate for World Expo 2030, will be an excellent opportunity to illustrate Korea's cutting-edge climate technology and its leadership in global solidarity and inclusive growth toward a better greener future, according to the country's senior energy policymaker.

Lee Kyung-min | 2023-05-24 17:08

Controversy grows over death of LG Display worker

Controversy grows over death of LG Display worker

LG Display is embroiled in controversy after one of its employees, a man in his 40s, was found dead last Friday on the south bank of the Han River near Yeouido, where the company's headquarters are located, according to industry officials, Wednesday.

Park Jae-hyuk | 2023-05-24 16:45

Shipbuilders struggle with foreign workers deserting jobs

Shipbuilders struggle with foreign workers deserting jobs

Shipbuilders are seeing an increasing number of foreign workers deserting their jobs and escaping from the shipyards, according to industry officials, Wednesday, who also said the aggravated labor shortages are making it harder for the shipbuilders to meet the growing global demand for vessels.

Park Jae-hyuk | 2023-05-24 15:53

Kakao joins RE100 for sustainable future

Kakao joins RE100 for sustainable future

Kakao has joined RE100, a global initiative whereby businesses aim to source 100 percent of their energy from renewables, including wind and solar energy, the tech company said Wednesday.

Lee Kyung-min | 2023-05-24 15:31

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