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Thu, December 9, 2021 | 13:24

[CEO Interview] Korean companies need bolder transformation to survive post-pandemic world

Businesses and individuals have all been affected in one way or another by the pandemic and while it has had a dramatic effect on the business landscape, companies have never needed the advice of consultancies more to turn their fortunes around and stay afloat in the post-pandemic world.

Lee Min-young | 2021-12-08 18:28

Market Kurly's growth potential driving valuation

All eyes are on grocery delivery service Market Kurly's valuation as it prepares for its listing on the local stock market. The online retailer received a valuation of 4 trillion won in a pre-IPO, via which it secured 250 billion won before its debut on the main KOSPI bourse, slated for the first half of next year.

Kim Bo-eun | 2021-12-08 16:52

HanmiGlobal partners with Chartered Institute of Building for PM education content

HanmiGlobal has said that it signed a memorandum of understanding with the Britain's Chartered Institute of Building (CIOB), the world's largest construction education institution, for mutual exchange, including content partnerships, the company said Wednesday.

2021-12-08 16:47

Jungheung Construction to sign deal to buy Daewoo E&C this week

Jungheung Construction, a midsized local builder, said Wednesday that it will sign a deal this week to buy a controlling stake in Daewoo Engineering & Construction.

2021-12-08 16:29

Top POSCO shareholder set to vote against business overhaul plan

The National Pension Service (NPS) is expected to vote against POSCO's spin-off plan its and conversion into a holding company structure. The NPS has a long track record of being against conglomerate spin-offs in the past, claiming that such moves depreciate shareholder value.

Kim Hyun-bin | 2021-12-08 16:29

Chanel Korea employees to begin strike next week

Chanel Korea's employees working on the cosmetics counters have announced that they will go on strike indefinitely from Dec. 17, calling for improvements in their working environment.

Kim Jae-heun | 2021-12-08 16:29

Samyang joins global consortium to promote Allulose in Europe

Samyang Corporation has joined hands with global food ingredient manufacturers to target the European food market. The food firm said Monday that it had joined a global consortium to promote the European licensing of Allulose.

2021-12-08 15:17

Korea H2 Alliance attracts $1 billion investment for hydrogen business

Korea H2 Alliance signed an investment agreement with the global investment group, World Wide Capital Group (WWCG), and the Switzerland-based hydrogen power generation company, World Power Production Energy (WPP).

Baek Byung-yeul | 2021-12-08 14:07

Hyundai E&C slammed for 'backpedaling' on coal exit

Hyundai Engineering & Construction (E&C), one of Korea's major construction companies, has been under growing criticism for “backpedaling” on the global campaign to phase out coal, as it is pushing ahead with a controversial coal-fired power plant project in Vietnam. The company has been hit with massive protests from both international and domestic environmental groups after...

Kim Hyun-bin | 2021-12-08 13:03

M&As by large companies jump this year

Corporate mergers and acquisitions (M&As) by big South Korean firms rose sharply in the first nine months of this year as they revved up efforts to find new growth engines, data showed Wednesday.

2021-12-08 09:44

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