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Reporter : Park Jae-hyuk
Tue, February 27, 2024 | 00:04
[INTERVIEW] Oceans minister wary of growing reliance on foreign sailors
The Ministry of Oceans and Fisheries has unintentionally drawn huge public attention throughout this year as it was tasked with promoting the safety of domestic seafood after Japan began to release treated radioactive wastewater into the ocean in August from the Fukushima Daiichi Nuclear Power Plant.
AMCHAM announces new board members for 2024
The American Chamber of Commerce in Korea (AMCHAM) elected Northrop Grumman Korea CEO Dong Ha as the chairman of its board of directors for 2024, the chamber announced, Thursday.
POSCO Future M signs partnership with Korea University
POSCO Future M CEO Kim Jun-hyung, left, poses with Lee Hai-gun, dean of Korea University's College of Engineering, after signing an agreement to nurture experts in rechargeable battery materials at the university in Seoul, Thursday. Courtesy of POSCO Future M
Samsung C&T faces increasing pressure from activist funds
Whitebox Advisors joined Britain’s Palliser Capital and City of London Investment Management (CLIM) in asking Samsung C&T to enhance shareholder value ahead of its annual general meeting of shareholders next year, the U.S. hedge fund manager said Thursday.
HBAF, CJ, Mondelez, Pulmuone accused of resorting to 'shrinkflation'
HBAF, CJ CheilJedang, Mondelez International, Pulmuone and several other food makers were found to have refrained from hiking product prices this year, but reduced the volume of their contents, which is a practice called “shrinkflation” that is frowned upon by customers, the Korea Consumer Agency said Wednesday.
HD Hyundai boosts ties with Saudi Arabia
HD Hyundai Vice Chairman Chung Ki-sun, third from left, shakes hands with Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef, second from left, in front of late Hyundai Group founder Chung Ju-yung's bust at HD Hyundai Heavy Industries headquarters in Ulsan, Wednesday. They checked the progress of the joint construction of a shipyard in Saudi Arabia and...
Kakao nominates female CEO
Kakao Ventures CEO Chung Shin-a was nominated on Wednesday as the new CEO of Kakao. She will start leading the IT firm after a board meeting and a general meeting of shareholders in March next year.
Hyundai Engineering set to export Korean-made small modular reactors
Hyundai Engineering signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI) to export system-integrated modular advanced reactors (SMARTs), Korea’s locally developed small modular reactors (SMRs), the company said Wednesday.
Methods to avoid YouTube, Netflix restrictions go viral
More Korean users of streaming service platforms are looking for ways to pay lower subscription fees, as YouTube has joined Netflix, Disney+ and Tving in hiking prices, according to industry officials, Sunday.
Skepticism mounts over shareholder activism at Samsung C&T
Samsung C&T is drawing attention from market insiders over whether the KOSPI-listed company will accept requests from British asset management firms to improve its shareholder value and governance structure, according to industry officials, Sunday.