Toyota’s breakthrough
Japanese automaker aims to be pioneer in local hybrid market The past three years may have been the most challenging period for Toyota Motor Korea CEO Tommy H. Nakabayashi since he took office in January 2010. From the end of 2009 to early 2010, Toyota Motor was hit hard by massive recalls across the world. […]
Sex criminals banned from driving taxis for 20 years
Murderers, rapists and those convicted of other serious crimes will not permitted to drive a taxi from now on as part of government efforts to prevent offenses committed by cab drivers against female passengers. The Ministry of Land, Transport and Maritime Affairs said Wednesday that a revised law concerning the operation of passenger transport vehicles […]
CEOs seek to capitalize on London Olympics
The London Olympics are, of course, about allowing the world’s best athletes to compete against each other and fans to enjoy the games. But for major business leaders, it is also a good opportunity to boost bottom lines and enhance brand images. Korean business heavyweights are flocking to London to cheer on the Korean athletes […]
Best way to make Chinese brand names
Effective Chinese character naming is important to make successful inroads into China market. In a report on how to make Chinese brand names, Kotra Beijing Office said Sunday (July 29) that the brand names in Chinese should contain the meanings that can reflect Chinese culture and future trend as is seen in the examples of Subway, […]
‘Gori No. 1 reactor is safe to operate’
The No. 1 reactor of the Gori nuclear plant in Busan should resume operations to meet surging electricity demand amid the scorching heat wave gripping the nation, according to the state-run operator of Korea’s 21 atomic reactors. There has been a growing call for the reactor to be made operational in order to prevent the […]
Hackers leak personal details of 9 million wireless users
Millions of mobile phone users face a potential security breach after hackers gained access to their personal data from telecommunications giant KT, police said Sunday. This provided a damning reminder that the country’s computer security defense is as porous as Swiss cheese. Investigators at the National Police Agency’s cyber terror response team arrested two people […]
Renault Samsung boasts of quality services
Renault Samsung Motors (RSM) has set a milestone by topping the annual Customer Satisfaction Index for 10 straight years through 2011 in the survey by automotive research firm Marketing Insight. The automaker is also found to have received the least complaints in terms of after-sales customer services, according to a recent report by the Korea […]
Conrad challenges Lotte, Shilla Hotel
“Watch out Lotte and Shilla! Here we come.’’ This is the message sent out by Nils-Arne Schroeder, general manager of the Conrad Hotel Seoul, which will open in Yeouido in November. He said the Hilton Hotel Group’s premier luxury brand will steal guests from Lotte and Shilla, as well as from the Hyatt, Walkerhill and […]
Samsung offers retirement solutions
Samsung Securities said Wednesday that it offers unique solutions for managing assets after retirement. The brokerage house said that it will focus on Korean baby boomers, set to retire soon. According to data from Statistics Korea, the nation’s baby boomers, referring to people born between 1955 and 1963 following the Korean War (1950-53), are estimated […]
Busan horse park becomes tourist spot
Horse parks operated by the Korea Racing Authority (KRA) have become a family-oriented leisure destination for both Korean and foreign tourists as they offer a wide array of fun-packed events for people of any age. Currently, there are three such theme parks. Those in Seoul and Jeju are well known, drawing hundreds of thousands of […]
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