The prosecution, which is investigating allegations of bidding collusion by domestic furniture companies such as Hanssem and Hyundai Livart, has launched a forced investigation.The Fair Trade Investigation Department of the Seoul Central District Prosecutors' Office announced on Feb. 1 that it is se

In 4Q 2022, LG H&H (The Company), Ltd. reported 1.8tr won in sales (-10.6% yoy), 129bn won in operating profit (-46.5% yoy).Business environment for 4Q continued to be very challenging as consumption was sluggish in both domestic and global market due to worldwide economic recession. Although Beauty

Four Seasons Hotel Seoul's authentic Cantonese Chinese restaurant, "Yu Yuan," presents "Weekend Champagne & Dim Sum Brunch," where you can taste authentic Cantonese dim sum with champagne every weekend from Feb 4 to March 26, 2023, prepared by our dim sum chef Jia Wen Li, who has more than 20 years

SNT Dynamics signed an export contract with Turkiye BMC on Jan. 30 for 1,500 horsepower automatic transmission to be installed in Altay's main battle tanks (MBT).This export to Turkiye is the first export contract of K-defense this year and the first case that led to overseas exports by independentl

Pernod Ricard Group, the global wine and spirits company, published its 2021/22 CSR report which unveils the sustainability and responsibility progress achieved by Martell Mumm Perrier-Jouët(“MMPJ”). Martell Mumm Perrier-Jouët, an affiliate of Pernod Ricard Group, produces the prestige cognac ‘Marte

LG Electronics announced full-year 2022 consolidated revenue of 83.5 trillion won with operating profit of 3.6 trillion won on Jan. 27. In 2022, LG achieved its highest annual revenue ever – surpassing 80 trillion won for the first time in its history – increasing 12.9 percent over 2021, when sales

LG Group and Hanwha Group have embarked on omnidirectional cooperation in the field of batteries. It is because the interests of the two groups aligned as the energy storage system (ESS) market grew worldwide.The two groups are evaluated as having emerged as a new battery alliance as they decided to

By Vice Chairman Song Na-ra Chairman Lee Seung-sub established the Shina Development Industry in 2002 with the determination to become the best company of trust as a stake that supports the building.The CI of the Shina Group is very impressive as it embodies the magatama of life, which used to decor

LG Electronics’ home appliance manufacturing plant in the United States has been selected as a world-leading Lighthouse Factory by the World Economic Forum (WEF).The million-square-foot factory in Clarksville, Tennessee – the U.S. production base for LG’s award-winning washers and dryers – is the in

Hyundai Motor Group promoted the South Korean city of Busan’s bid to host World EXPO 2030 at the World Economic Forum (WEF) in Davos, Switzerland, an event that engages the world’s top political, business and cultural leaders, on Jan. 16.During the forum held from Jan. 16 to 20, the Group operated a

Hanssem introduced the 'H-Honors Club' program for excellent dealership membership starting this year and held the first 'H-Honors Club' launching ceremony at the guesthouse of the Shilla Hotel in Seoul on Jan. 16.According to Hanssem on Jan. 17, 'H-Honors Club' is a system that recognizes qualifica

Adidas Korea, a Korean subsidiary of the global sports brand adidas, opens adidas Brand Flagship Seoul (BFS Seoul) in Myeong-dong with the most innovative concept in its history, Home of Sports (HOS) on Jan. 18.The BFS Seoul will be the only local store where you can find all Adidas brands including

Celebrating the 40th anniversary of Hanse's foundation, CEO Kim Ik-hwan said that the economic environment was frozen due to high prices, but Hansae joined the "2 trillion won club in sales."Since its foundation in 1982, Hansae has continued to grow steadily on the one-way path of clothing productio

Chairman Seo Yoo-seok of the Korea Financial Investment Association (KOFIA) said, "I will actively push for my pledge as the working leader of the association," suggesting four key operational strategies, including overcoming the crisis and protecting investors.Holding his first press conference in

Lotte Chemical, which suffered from large-scale mergers and acquisitions (M&A) transactions and deterioration in liquidity of affiliated construction companies, has succeeded in selling its subsidiary in Pakistan and was able to relieve its financial burden.The group will be able to secure 190 billi

Ildong Foodis, a milk powder company that suffered from a deficit in the aftermath of the low birth rate, is writing a reversal drama with 'eating protein'. In a situation where the food trend cycle is shortening and hot selling products are rare, it has grown “Himune” into a mega brand with annual

Ananti is rapidly growing into a hotel and resort company with annual sales of 1 trillion won (expected at the end of this year) based on its unique architectural design called "Ananti Style."CEO Lee Man-kyu of Ananti said, "If Village de Ananti (Busan) is opened in June this year, the advance payme

POSCO Group participated in CES 2023, the world’s largest IT and electronics convergence fair held in Las Vegas, the U.S., this year following last year.CES 2023 is held from Jan. 5 to 8, and at the event, POSCO Group introduced the POSCO Venture Platform, which finds and invests in future new growt

LG Electronics won its most awards ever compared to previous years at CES 2023 held in Las Vegas, the U.S. – with more than 220 recognitions honoring top innovations across its home appliance and home entertainment categories.Among the top honors received by LG at CES 2023 was the coveted, Engadget

For the upcoming Korean New Year this year of rabbit 2023, Pernod Ricard Korea introduced whisky gift sets tailored to many different lifestyles and tastes of recipients, from whisky aficionados and for those that gift-giver wants to express gratitude and respect. Pernod Ricard offers and expands th