Korea Joongang Daily
Korea JoongAng Daily

GS Holdings president promoted to vice chair in shake-up aimed at diversification

GS Holdings CEO Hong Soon-ki will become vice chairman while retaining co-CEO role as part of a leadership shake-up aimed at supporting diversification. Key retail and energy positions are also being restructured.

2024-11-27

It's promotion season in Korea — and nepo babies are taking charge

As generational shifts occur, younger Korean conglomerate heirs are quickly taking leadership roles, making aggressive investments, and addressing succession challenges as companies adapt to current economic pressures.

2024-11-26

GS Group to train AI on Notion data

GS Group partners with Notion to utilize its data for training an AI tool, Mir.

2024-11-07

Home shopping companies face sanctions for fake foot flakes in informercial

The Korea Communications Standards Commission (KOCSC) issued warnings to GS Retail, SK Stoa, Hyundai Home Shopping and W Shopping for their misleading broadcasts on foot exfoliation products using rice paste to simulate skin flakes.

2024-10-31

GS Engineering & Construction Q3 profit soars 940% to 120.8 billion won

GS Engineering & Construction on Thursday reported its third quarter net profit of 120.8 billion won ($87.5 million), up 939.5 percent from a year earlier.

2024-10-31

GS Retail sponsors EAT STUDY LOVE Scholarship prize for international students

GS Retail is partnering with the Korea JoongAng Daily for the EAT STUDY LOVE Scholarship, a writing contest that invites international students to share their experiences of living in Korea.

2024-10-01

GS, LLM expert firm LlamaIndex open AI trend seminar to public for first time

GS Group and San Francisco-based software company LlamaIndex held and event to discuss global AI trends, opening the seminar to the public for the first time ever.

2024-09-27

GS Caltex exports 1.3 million gallons of sustainable aviation fuel to Japan's Itochu

GS Caltex, Korea's second-biggest refiner by sales, said Thursday it has exported sustainable aviation fuel (SAF) to a Japanese trading company.

2024-09-19

GS Group creates cultural foundation to support artistic content creation

GS Group has established a cultural foundation to foster the creation of cultural and artistic content.

2024-08-29

Robots serving pizza, coffee and ice cream at new high-tech GS store

A new convenience store called Ground Blue 49 has opened in Seoul's Insa-dong, featuring cutting-edge technology and diverse Korean snacks.

2024-08-21