Articles by 박한나
박한나
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Lotte CEOs pledge support for chairman
Lotte Group chairman Shin Dong-bin received a boost in his move to solidify his managerial power as CEOs of the group’s units and Japan-based Lotte Holdings’ CEO pledged their full support for his leadership amid an intensified power struggle with his elder brother. Lotte Group chairman Shin Dong-bin (second from left) visits a Lotte distribution center in Osan, Gyeonggi Province, Tuesday. (Lotte Group)CEOs of 37 Lotte Group units said the current 60-year-old chairman is a “competent chief” to l
Industry Aug. 4, 2015
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Pyeongtaek Port to expand trade role amid China FTA
The nation’s fourth largest harbor, Pyeongtaek Port, is eyeing a bigger role in trade between South Korea and China following the official signing of a free trade agreement between the nations in June, an official from the Gyeonggi Pyeongtaek Port Corp. said Monday. Kim Jeong-hun, director of Gyeonggi Pyeongtaek Port Corp.“Following the FTA between Korea and China, Pyeongtaek Port’s role will be strengthened as it is the nearest port to China and a gateway to the central region of Korea,” said K
Industry Aug. 3, 2015
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Korean firms win $5.3b order for Mideast’s largest refinery
South Korean builders said Friday that they won deals worth $5.3 billion to build an oil refinery in Kuwait even as the construction industry is struggling with a sharp drop in orders from the Middle East this year.The project, worth $14 billion in total, is to build the biggest refinery in the Middle East, which will boost its oil refining output capacity of 615,000 barrels per day in the region of Al Zour, south Kuwait. Of the five packages split from the main project, four were awarded to con
Industry July 31, 2015
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Lotte rivals face vote showdown
Lotte Group’s family feud is escalating as two sons of the conglomerate founder are bracing for a final showdown to seize control of the 112 trillion won ($97 billion) business group. (Yonhap)Lotte chairman Shin Dong-bin, the younger son of founder Shin Kyuk-ho, and eldest son Shin Dong-joo both expressed confidence in winning at the coming crucial shareholders vote. Group insiders said the two brothers have entered a new phase of the tug-of-war to woo support from shareholders of the Japan-bas
Industry July 30, 2015
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B737-800 joins Jin Air fleet
Jin Air executive director Cho Hyun-min (11th from left) and Ihssane Mounir (13th from left), Boeing‘s Northeast Asia vice president of sales and marketing, pose during a ceremony to celebrate the delivery of low-budget carrier Jin Air’s first B737-800 at the Boeing Delivery Center in Seattle, U.S., Tuesday. (Jin Air)
Business July 28, 2015
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Spreading K-beauty
AmorePacific’s flagship brand Laneige held a makeup show dubbed “Beauty Road” to promote its best-selling BB Cushion at the EmQuartier Shopping Mall on Sukhumvit Road in Bangkok, Thailand, on July 17. Starting from Thailand’s capital city, the Korean cosmetic brand will tour seven Asian cities, including Kuala Lumpur, Beijing and Singapore, to host the pop-up event. (Laneige)
Industry July 28, 2015
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N.K. leader urges young people to inherit patriotism in meeting of war veterans
North Korean leader Kim Jong-un has urged young people to inherit the spirit of defending their country shown by fallen soldiers and war veterans as the North is set to mark the 62nd anniversary of the end of the 1950-53 Korean war, the North's media said Sunday.The armistice that ended the Korean War was signed on July 27, 1953, leaving South and North Korea technically in a state of war.The North has designated the date as "Victory Day."At the 4th National Conference of War Veterans held on Sa
Industry July 26, 2015
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Typhoon Halola unlikely to affect S. Korea: weather agency
Typhoon Halola is not likely to have a big impact on South Korea as it has eased some strength and changed its direction a little more eastward, the state weather agency said Sunday.As of 3 p.m. the typhoon was marching northeastwards from the ocean about 290 kilometers southeast of the country's southernmost Jeju Island at a speed of 19 kilometers per hour, according to the Korea Meteorological Administration (KMA).The KMA said Saturday that the Korean Peninsula is likely to come under the dire
Social Affairs July 26, 2015
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Mercedes dealer sets new trend in customer marketing
Han Sung Motor, Mercedes-Benz’s largest dealer in Korea, took an initiative in customer marketing for high-end cars buyers, by hosting its first motor show at the “Sevit’’ floating island on the Hangang River on July 17-18.Visitors to the 1st motor show of Han Sung Motor are joining the auction event for a StarClass CLA 200 CDI car, held at the “Sevit’’ floating island on the Han River last Saturday. The StarClass is the brand name for used cars, recognized by Mercedes-Benz. (Han Sung Motor)“Cel
Mobility July 26, 2015
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[Behind the wheel] Spacious K5 flaunts virtues of good family sedan
It is no secret that Kia Motors has a knack for pulling off spacious interiors, and its New K5 is a prime showcase of that ability. The New K5 (Kia Motors)The moment I opened the door of the midsize sedan, I instantly noticed the lofty space in the back, large enough not only for tall adults but also luggage on the floor. The front seats were equally spacious, allowing plenty of legroom. The interior design was lean, modern and simple, accentuating the space. According to Kia, the wheelbase was
Mobility July 26, 2015
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Retailers slash prices to soften MERS blow
South Korea’s major retailers are holding massive events in a bid to rekindle sales and vitalize consumer sentiment, which was seriously hit by the outbreak of the Middle East respiratory syndrome between late May and early July. Shoppers flock to grab bargains at a Black Shopping Day event held by Lotte Department Store at BEXCO in Haeundae, Busan, Friday. (Yonhap)Department stores and discount outlet chains are slashing prices of luxury and fashion items to clear out their inventory while duty
Industry July 26, 2015
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Baesangmyun seeks to revive traditional liquor culture with brew pubs
Baesangmyun Brewery, South Korea’s leading traditional liquor maker, is growing its brand with urban brew pubs producing freshly fermented makgeolli, Korean rice wine, every day. By rebuilding a mini-brewery -- Slow City Brewery & Pub -- just like those a century ago, the producer of a range of distilled and fermented Korean beverages seeks to revive the country’s home-brewed alcoholic beverage culture with a modern touch. A chef prepares food for the daily lunch buffet at Slow City Brewery & P
Industry July 16, 2015
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FKI urges inter-Korean business liaison offices
The Federation of Korean Industries, South Korea‘s major business lobby group, proposed Wednesday a new set of principles for inter-Korean business exchange, calling for a paradigm shift toward a mutually beneficial economic relationship. “A new economy-centered paradigm should be developed in which both Seoul and Pyongyang could gain mutual interests, and it’s time to go beyond the conventional paradigm of ‘support and pressure,’” Park Chan-ho, a senior executive of the FKI said during a semina
Industry July 15, 2015
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Kumho chairman to head Visit Korea Committee
Park Sam-kooKumho Asiana Group chairman Park Sam-koo has been appointed to lead a tourism promotion committee, the group said Tuesday. The Visit Korea Committee, under the Ministry of Culture, Sports and Tourism, elected Park as its new chairman during a board meeting in Seoul on Friday.“We expect that Park will contribute vastly to the development of the tourism industry with his expertise in the tourism sector and management skills he cultivated as a business leader,” a VKC official said. Foun
Industry July 14, 2015
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Korean Air heiress seeks to dismiss nut rage lawsuit in U.S.
Heather Cho, the oldest daughter of Korean Air chairman Cho Yang-ho, has asked a U.S. court to dismiss a lawsuit involving an onboard tantrum dubbed “nut rage” on Tuesday, saying the case should be handled by a court in Korea. (Yonhap)“It is more appropriate to hold a plea in Korea as all parties related to the case are Korean nationals and investigations were also conducted in the country,” an attorney representing Cho said. The motion comes months after a flight attendant who was harassed by
Industry July 14, 2015
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