Tag - korean market

Where to Sell Korean Products Online

Korean products have been gaining immense popularity across the globe. They deliver the customers with good quality and wide options to choose from which ultimately results in customer satisfaction. If you want to consider Korean Beauty Products for selling, it is a good choice indeed. Korean Beauty products are seeing increasing popularity everywhere due to the quality services they provide. They do not have any side effects, generally. Besides Korean Beauty Products, you can also sell other quality Korean Products [...]

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LG Electronics to announce earnings guidance on July 8

THE INVESTOR] LG Electronics is expected to announce its second-quarter earnings guidance on July 8. Local analysts estimate the company’s operating profit to stand at about 594.7 billion won (US$517 million). The Korean tech giant started releasing its quarterly earnings guidance since the first quarter this year. Analyst say that despite the lukewarm sales of its flagship smartphone G5, the company’s robust TV and appliance sales could make up for the operating loss of its mobile business division. The mobile division last week [...]

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Malibu Hybrid misses low-pollution certification

[THE INVESTOR] GM Korea’s Malibu Hybrid has failed to obtain a low-pollution certification, making it ineligible for tax benefits on eco-friendly cars, government and industry sources. On July 3, GM Korea notified through its website that benefits for purchasing hybrid vehicles are not applied to the Malibu Hybrid. According to the Ministry of Environment, the Malibu Hybrid is excluded from the measure due to failing emission standards. At 95 grams per kilometer, the vehicle meets carbon dioxide emission standard of 97 grams [...]

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CJ joins bid for Korean unit of McDonald's

The CJ Group, a Korean food and entertainment conglomerate, said Wednesday it has joined the race to buy the Korean unit of U.S. fast food chain McDonald’s. McDonald’s, which directly manages about 400 stores in Korea, has been looking for local partners to run them as franchise stores that pay annual commissions instead. In a regulatory briefing, the CJ Group said it has submitted a letter of intent to the American headquarters of McDonald’s, but “hasn’t decided which affiliate will take [...]

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KOSPI regains 2,000 level on foreign buying

South Korea’s benchmark Korea Composite Stock Price Index broke through the psychologically important 2,000-point level this month, mainly on the back of brisk foreign buying, industry data showed Friday. Offshore investors bought a net 1.4 trillion won ($1.23 billion) worth of shares traded on the KOSPI between April 1 and April 21. In addition, overseas funds poured in 1.5 trillion won into the local stock market via arbitrage trading for five days, starting on April 14, a day after the general [...]

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Green Cross, IVI sign MOU on Zika virus vaccine

Green Cross, a Korean vaccine-maker, has signed a memorandum of understanding with the International Vaccine Institute to jointly develop a vaccine to prevent Zika virus, the company said Tuesday. Under the agreement, Green Cross and its affiliate Green Cross Medical Science will share a pool of researchers, labs and instrumental techniques on vaccine development. Green Cross will also share its technical know-how on vaccine development and production while IVI offers Zika virus strains for joint research. Zika virus infection is suspected [...]

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