Hite Jinro has launched a total of 35 different wine gift sets on the occasion of the Lunar New Year holidays. Wine gift sets comprised a variety of products ranging from ‘award-winning wine sets’ that received multiple awards in Korea and other countries to ‘Grand Vin sets’ and ‘limited edition set

Hankook Tire announced on Jan. 30, 2015 global annual revenue of KRW 6.68 trillion and operating profit of KRW 1.03 trillion for the fiscal year 2014. According to Vice Chairman & CEO Seung-Hwa Suh of Hankook Tire, the company managed to secure an overall operating profit that was on par with its im

FCA Korea(CEO Pablo Rosso) unveils the ‘All-New Chrysler 200’, a premium mid-size sedan, to offer its exceptional value to consumers with beautiful coupe-like appearance, exquisitely crafted interior, delightful driving experience, segment-first nine-speed automatic transmission, innovative utilizat

President & CEO Choi Gye-woon of K-water met with Minister of Far Eastern Region Development Alexander Galushka of the Russian Federation in Moscow on Jan. 30, 2015, and signed a Memorandum of Understanding (MOU) providing for technological cooperation between Korea and Russia in water resources man

Porsche Korea introduces the 2015 Porsche Refresh Campaign, which will be held on Feb. 4-28 this year at all authorized Porsche Centre Workshops in Korea.The Porsche Refresh Campaign is an opportunity for all Porsche customers whose car warranty has expired and wish to maintain their cars in factory

The Ritz-CarltonSeoul is selling a range of Lunar New Year gift sets until Feb.22, 2015. Prepared by experts in Korean festive cuisine, assorted hanu(Korean beef) sets feature a combination of Grade 1++ Korean hanu tenderloin and sirloin cuts. Priced from 330,000 to 590,000, they are packaged in a h

In response to the allegations recently made by Councilman Yang Keun-suh of the Provincial Council of Gyeonggi Province, the OB Brewery Co. (OBC) has recently issued a statement refuting Yang’s statements.“We have never neglected fulfilling our duty or responsibility in connection with our use of wa

The Seoul West District Court issued an arrest warrant against former Vice President Ms. Cho Hyun-ah (40) of Korean Air on Dec. 30, 2014 on charges of violation of provisions of the Korean Aviation Security Law. From the Court, she proceeded to the Seoul Southern Detention House in Guro-gu.On this d

Opening its new era of leaping forward, KEPCO (President: Cho Hwan-ik) moved its headquarters in November 2014 from Seoul to Naju, an innovative city near Gwangju Metropolitan City with a population of around 90,000 in Jeollanam-do. KEPCO’s head office had been located in Samseong-dong, Seoul for 28

Korea Hydro & Nuclear Power Co., Ltd. (KHNP) and Uljin County have signed a long-delayed agreement on the building of two more nuclear reactors at the East Coast county. The signing was made between KHNP President and CEO Cho Seok and Uljin County Mayor Im Kwang-won at the county office on November

Hanwha Life Insurance, Korea’s oldest life insurer, has launched a new life insurance program, called “The Warmhearted & Free Pension Insurance,” which provides greater flexibility in terms of premium payments. ▲Hanwha Life launches 'Warm-hearted & Free pension Insurance." The company recently won e

- Will further improve production quality management capabilities to top, global standards -Oriental Brewery Company (OBC) plans to invest some 120 billion won (US$116 million) to newly expand its quality and technology capacities. Safety and environment upgrades will be implemented to its plants lo

The Hyundai Shell World Rally Team, run by Hyundai Motorsport from its factory in Alzenau, Germany, won its maiden title at the FIA Germany World Rally Championship(WRC) on August 24, 2014, with Thierry Neuville leading team Neuville, driving a Hyundaii20, finished 40 seconds ahead of Spanish teamma

Hanwha Engineering & Construction (Hanwha E&C), a global leading construction company based in Korea, successfully completed on May 30 the project of constructing the Philippine Arena, the world’s largest domed performance and exhibition complex in the Philippines near Manila. With a total floor spa

A consortium led by SK E&C, a world-level construction company in Korea, began digging the Eurasia Undersea Tunnel in Turkey as the first project of building an undersea tunnel linking Asia and Europe. The company held the ceremony of boring the duplex-type undersea tunnel that passes through the Bo

Hyundai Motor has come out with a spectacular concept dealership dubbed as Hyundai Motorstudio” in its home market as part of its ongoing aggressive sales promotion efforts here and overseas .Hyundai Motorstudio which has just been opened in Gangnam, south of the Han River, features a series of newl

Since its inception in 1967, Korea Agro-Fisheries & Food Trade Corporation (aT) has been striving to establish a foundation for advancement of agricultural product industry and promote export of agricultural and fishery products over past decades by means of stabilizing prices, foreign trade promoti

Gwangyang Port, with a water area of 145.19㎦ and a total of 84 berths, is capable of a port traffic of 60,000 vessels, such as container vessels, oil tankers, chemical ships, and LNG carriers, and handles over 240 million tons annually.On top of that, Gwangyang Bay Area Free Economic Zone (GFEZ) is

Renewable energy industry organizations in Korea successfully held the International Green Energy Expo & Conference 2014, the largest renewable energy industry event in Korea, on April 2-4 at the EXCO in Daegu co-hosted by the Daegu Metropolitan City and Gyeongsangbuk-do provincial governments. Co-o

On March 4, 2014, Korea Electric Power Corporation (KEPCO) had the dedication ceremony of a 433MW gas-fired combined cycle power plant in Chihuahua, Mexico in its first power plant project in Latin America. KEPCO has built the Norte II gas-fired combined cycle power plant in a consortium with Samsun