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

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

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

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

LG Chem has started supplying engineering plastics to Mitsubishi Motors for its powder coating parts used as the front fenders of RVR, Delica D:5 and Outlander models.Front fender is located on the side of the vehicles, which not only acts as one of key factors in the exterior design but also protec

CHIVAS, a global whisky icon representing Pernod Ricard Korea, announced on the 11th that it will open its 2 months pop-up store CHIVAS REGAL GIL in Apgujeong Rodeo until the 26th of next month.In particular, "Find Your Way" was selected as a subtitle with the hope of discovering not only the joy of

POSCO Holdings has opened a "ChangeUp Ground Silicon Valley" office in Silicon Valley in the U.S. About 70 people attended the opening ceremony held at the Silicon Valley San Jose office on Jan. 10 (local time), including Park Sung-jin, POSCO Holdings' industry-academic cooperation manager, Lim Seun

SK Geo Centric, a subsidiary of SK Innovation, has signed a contract with British company Plastic Energy, which specializes in plastic pyrolysis, completing the “last puzzle” of the world’s first plastic recycling complex to be built in 2025. Amid a surge in demand for plastic recycled products worl

CEO William Cho of LG Electronics reiterated the company’s vision for the future as well as its strategy to strengthen business competitiveness during a press conference held especially for Korean media in Las Vegas, Nevada, the U.S. on Jan. 6.The CEO began by mentioning that, despite the uncertaint