Korea Joongang Daily
Korea JoongAng Daily

Shame on the endless family feud (KOR)

Ordinary people’s prediction that the conglomerates will repeat the same thing over and over is reasonable enough.

2023-12-29

Shame on the endless family feud

Ordinary people’s prediction that the conglomerates will repeat the same thing over and over is reasonable enough.

2023-12-28

Alarm spreads as most top Korean firms stagnate

Most of Korea’s top firms have stagnated, as well as backtracking in management and employment, amid multiple global crises, raising alarms of slowing growth in the businesses leading the country’s economy.

2023-08-16

Yoon and SMEs pledge cooperation in annual event

President Yoon presided over the 34th conference of small and medium-sized enterprises held on the front lawn of the presidential office in Yongsan, co-hosted by the Ministry of SMEs and Startups and Korea Federation of SMEs (KBIZ).

2023-05-23

Yoon will be joined by his largest-ever business delegation in visit to U.S.

President Yoon Suk Yeol will be accompanied by a 122-member business delegation, his largest ever, in his state visit to the United States next week.

2023-04-19

Over half of key listed firms see financial health worsen in 2022

More than half of major listed firms in Korea saw their financial soundness worsen in 2022 amid high global interest rates and inflation, data showed Monday. The debt-to-equity ratio of 56 out of the 106 listed companies belonging to the...

2023-04-10

Prosecutors indict 17 for drugs, including chaebol scions

The Seoul Central District Prosecutors’ Office announced Thursday it indicted 17 people for the alleged illegal use and supply of marijuana, including scions tied to Korea's chaebol. Included among the accused is the 40-year-old grandson of...

2023-01-26

Yoon Suk Yeol heads to Davos to meet business leaders

President Yoon Suk Yeol kicked off a four-day visit to Switzerland, where he will meet with business leaders and take part in the World Economic Forum (WEF) in Davos.

2023-01-18

Top 4 business groups take up 20% of Korea's corporate sales

Korea's top four conglomerates account for nearly 20 percent of the country's overall corporate sales, a corporate tracker said Tuesday, pointing to their big clout in Asia's fourth-largest economy.

2022-08-09

Second Miracle on the Han is in the U.S.

“Compliments can make even a whale dance,” says a Korean proverb. The magic can work not just on people, but on corporations. The Yoon Suk-yeol government has made them dance in big steps.

2022-06-01