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Qatar 2022

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Thu, December 1, 2022 | 12:13

Retailers ride on World Cup marketing

Retailers ride on World Cup marketing

Convenience stores and other retailers have launched a marketing blitz related to the ongoing World Cup in Qatar as they try to break through the current consumption slump, caused by rising interest rates and soaring inflation, according to industry officials Monday. The retailers had halted their marketing activities following the deadly crowd crush in Itaewon, Seoul, on Oct...

2022-11-21 16:48

LG Chem innovates sustainable eco-friendly biz with R&D

LG Chem innovates sustainable eco-friendly biz with R&D

LG Chem is focusing on sustainability as its key competitiveness factor and increasing research and development in the eco-friendly sector. The company's development of post-consumer recycled (PCR) plastics is one good example of its efforts to utilize waste resources.

2022-11-21 16:47

Hyundai Motor's EVs lead carbon neutral efforts at World Cup

Hyundai Motor's EVs lead carbon neutral efforts at World Cup

Hyundai Motor Group is going all out to showcase its eco-friendly image at the 2022 FIFA World Cup in Qatar, according to industry officials, Monday. The carmaker is providing 983 official vehicles (616 Hyundai and 367 Kia cars) as a sponsor during the World Cup, including 316 eco-friendly cars, becoming the first to sponsor electric vehicles (EVs) at the global football extr...

2022-11-21 16:02

Lotte Chemical breaks promise with shareholders to help Lotte E&C

Lotte Chemical breaks promise with shareholders to help Lotte E&C

Lotte Chemical's latest decision to issue new shares worth 1.1 trillion won ($811 million) has come into question as the measure is considered contradictory to the company's promise earlier this year to increase shareholder returns, according to industry officials, Monday. The issuance of such a large amount of new shares tends to lower a company's stock price. Lotte Chemical...

2022-11-21 15:47

Apple Pay draws mixed reaction in Korea over its imminent service

Apple Pay draws mixed reaction in Korea over its imminent service

As Apple Pay will likely land in Korea later this month, the long-awaited arrival of the U.S. tech giant's mobile payment service is drawing mixed views on the industrial landscape of the local mobile payment market dominated by Samsung Pay provided by Samsung Electronics.

2022-11-21 15:19

Philips Korea appoints healthcare professional as CEO

Philips Korea appoints healthcare professional as CEO

Philips Korea has appointed Park Jae-in as its new CEO. He will concurrently serve as the CEO of Philips Korea and the head of the health systems business division, which provides professional healthcare solutions, according to the company.

2022-11-21 14:42

Hankook Tire supplies tires for Skoda's all-electric SUV

Hankook Tire supplies tires for Skoda's all-electric SUV

Hankook Tire Technology, the world's seventh-largest tiremaker by sales, said Monday it started supplying tires for Czech carmaker Skoda Auto's all-electric SUV this year.

2022-11-21 10:07

Korea Ginseng Corp. to promote red ginseng in Qatar

Korea Ginseng Corp. to promote red ginseng in Qatar

Korea Ginseng Corp. (KGC), a state-run ginseng manufacturer, will promote the positive health benefits of Korean red ginseng in Qatar, where sports fans from around the world will gather for the FIFA World Cup. The quadrennial showpiece international football tournament will begin Nov. 20 (local time) and continue through Dec. 18.

2022-11-21 09:53

POSCO chief wins S&P Global's CEO of the Year award

POSCO chief wins S&P Global's CEO of the Year award

POSCO Group Chairman Choi Jeong-woo has been selected as CEO of the Year at the 10th Global Metals Awards held by S&P Global Community Insight in London, on Oct. 27, the company said Sunday.

2022-11-20 16:49

Samsung Electronics world's No. 1 in brand recognition ahead of Google: YouGov

Samsung Electronics topped Google for the first in the 2022 Global Best Brand Rankings, which is assessed by global polling firm YouGov, data showed Sunday. YouGov picked 380 top 10 brands in 38 markets based on its own brand index evaluation that analyzes brand reputation, quality, value and customer satisfaction and selected the overall best 10.

2022-11-20 16:49

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