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Reporter : Park Jae-hyuk
Tue, April 16, 2024 | 23:38
New Renault Arkana comes with wider range of options
The new Renault Arkana was released in Korea recently with three powertrain options and the French carmaker’s symbolic diamond-shaped emblem, after the compact SUV changed its name from the XM3 and abandoned its previous typhoon-shaped emblem, Renault Korea said Tuesday.
Hyosung, Kolon seek legal remedies to seize lead in tire cord market
Hyosung and Kolon have filed lawsuits against each other recently in attempts to take the lead in the global tire cord market amid the growing demand for fabrics used to reinforce tires of electric vehicles (EVs), according to industry officials, Tuesday.
Popeyes, Goobne hike prices days after elections
Food firms and restaurant chains in Korea have resumed price hikes, after they followed the government’s request to make efforts to soften the effects of inflation until the general elections finished last Wednesday, according to industry officials, Monday.
Korea to invest $2.5 bil. to boost maritime transport capacity
The government will inject an additional 3.5 trillion won ($2.5 billion) into the shipping industry by 2030 to revitalize the sector, which is facing a worsening outlook, the Ministry of Oceans and Fisheries said Monday.
HD Hyundai turns unused spaces into solar farms
Solar panels installed by HD Hyundai Energy Solutions are seen on the rooftop of CJ CheilJedang's factory in Jincheon, North Chungcheong Province, in this undated file photo. HD Hyundai Energy Solutions said Monday that it recently installed solar panels on the rooftops of CJ CheilJedang's Jincheon and Incheon factories, as well as on a parking lot roof at HD Hyundai Infracor...
Foreign students join Korea Times global supporters for 1st time
The Korea Times appointed 12 foreign and eight Korean university students as its global supporters to raise awareness and better promote various events and forums hosted by the newspaper until the end of July.
HD Hyundai, Hanwha compete to export naval ships to Five Eyes
HD Hyundai Heavy Industries (HHI) and Hanwha Ocean have intensified competition to expand their presence in the rapidly growing global naval ship market, according to industry officials, Friday.
Companies to face stricter regulations after opposition bloc's landslide win
The opposition bloc’s resounding victory in the general elections on Wednesday will weigh on companies that have been wishing for labor reforms, tax incentives and eased regulations in the 22nd National Assembly, experts said Thursday.
Trade association chief boosts communication with exporters
The Korea International Trade Association (KITA) has enhanced communication with small and medium-sized exporters through its chairman's frequent visits to those companies after he was appointed to lead the business organization in February, the association said Thursday.
Korean F&B franchises rush to enter Japanese market
A growing number of Korea’s food and beverage franchises have chosen Japan as the testbed for their overseas expansion, instead of China or North America, which had once been considered more favorable to foreign brands, according to industry officials, Monday.
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