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Lotte scion Shin Dong Joo removes younger brother Shin Dong Bin as the director of a Japan-based company.

Oct 17, 2015 AM EDT - Diana Tomale

Lotte Scion Shin Dong Joo Removes Younger Brother Shin Dong Bin As Director Of Japan-Based Packaging Company

Shin Dong Joo removed his younger brother Shin Dong Bin as the director of a Japan-based packaging company. The elder brother announced the action on Wednesday. Shin Dong Bin will be replaced by his father's secretary.

(Photo by: Kanko* / Flickr) Convenience stores in South Korea offer healthier and tastier lunch box meals.

Oct 17, 2015 AM EDT - Diana Tomale

The Growing Competition Among Convenience Stores In South Korea That Offer Lunch Box Meals

The competition for lunch box meals among stores in South Korea that offer lunch box meals grows stronger as the demand continues to increase. Stores offer diverse packed lunch to win the taste of its customers.

A South Korean natural skin care company earns applaud from its customers overseas for its high-quality products and customer service. (Photo by Hannah Reyes / Getty Images)

Nov 03, 2015 PM EST - Diana Tomale

South Korean Skin Care Company April Skin Earns International Applaud For Higly Quality Products And Customer Service

A South Korean skin care company is earning postive feedback from its customers overseas. April Skin garnered applaud from its customers overseas for the products and services it offers.

A KUH-1 Surion helicopter hovering above Pocheon, South Korea (Photo by Chung Sung Jun/Getty Images)

Oct 26, 2015 PM EDT - Czarelli Tuason

Korea Aerospace Industries Allegedly Earns Nearly $48 Million From Falsified Development Expenses

According to the Bureau of Audit and Inspection, two suspects allegedly released falsified development expenses for a fleet of helicopters for Seoul's military earning an unjust profit of at least $ 47.9 million.

Diageo-owned brand Guinness launches

Nov 01, 2015 PM EST - Diana Tomale

Diageo-Owned Brand Guinness Launches 'Taste Of Black' Campaign To Win Over South Korea's Beer Market

Diageo-owned brand Guinness aims to win over South Korea's beer market as it launches its "Taste of Black" campaign. The new campaign features the different flavors of Guinness to shun the perception of South Koreans that Guinness is too strong.

Kakao cooperates with South Korean prosecutors and hands over requested data for investigation to prevent cyber defamation. (Photo by Chung Sung Jun / Getty Images)

Oct 29, 2015 PM EDT - Diana Tomale

Kakao Data Handover Ends Year-Long Privacy Dispute With The South Korean Government

Kakao has agreed to cooperate with the South Korean prosecutors by handing over data requested by the latter for investigation to prevent cyber defamation.

Foreign exchange sign in South Korea | By: Yung Yeon Je | Getty Images

Oct 10, 2015 AM EDT - Czarelli Tuason

The Number Of Foreign Companies In South Korea Has Reached 8,095 In 2014, Says The National Tax Service

South Korea's numerous free trade agreements with other countries and a growing market in logistics, manufacturing and service sectors have attracted foreign firms, increasing the country's foreign companies at 8,095 in 2014.

(Photo by: Justin Sullivan / Getty Images News) Automakers offer promotions and discounts to boost sales.

Oct 10, 2015 AM EDT - Diana Tomale

Korean And Japanese Automakers Offer Promotions To Increase Sales Amid Volkswagen Scandal

South Korean automakers such as Hyundai Motor and its affiliate Kia Motors are offering discounts to boost its sales. Also, Japanese carmakers like Toyota and Nissan offer promos to increase sales.

Former Korea Development Bank Daejeon branch. (Photo by Lawinc82)

Oct 26, 2015 PM EDT - Diana Tomale

Korea Development Bank To Sell 43 Percent Stake In Daewoo In Package With KDB Asset Management

An official from Korea Development Bank reveals that they will sell KDB Daewoo Securities in package with KDB Asset Manangement. The state-run bank owns 43 percent and 100 percent of Daewoo and KDB Asset and Management respectively.

Volkswagen sales in South Korea drop following emissions test cheating scandal. (Photo by Denis Doyle/Getty Images News)

Oct 20, 2015 PM EDT - Czarelli Tuason

Volkswagen’s September Sales In South Korea Is The Company's Weakest Following The Outbreak Of Diesel Emissions Scandal

A scandal broke out in September stating that Volkswagen has been installing emissions cheating software on their deisel vehicles since 2009, causing a nosedive on the company's Spetember sales.

Korea’s 1st PGA Tour

Oct 22, 2015 PM EDT - Diana Tomale

Korea's Largest Chemical Company LG Chem To Supply Lithium-Ion Batteries For Yamaha Motors' Golf Carts Until 2016

LG Chem will be the supplier of lithium-ion batteries for Yamaha Motors' golf carts until next year. Yamaha Motors is one the largest golf cart makers in the world.

Hyundai Heavy Industries Closed a Multi-billion Deal

Oct 20, 2015 PM EDT - Diana Tomale

Unionized Workers At Hyundai Heavy Industries Demand Salary Increase and Performance-Based Benefits

The unionized workers at Hyundai Heavy Industries (HHI) continue its call for salary increase. The members of the union are asking the management to sell-off its company-owned shares and real state to increase their salaries.

Songdo International Business District in South Korea | By: EschCollection | Getty Images

Oct 08, 2015 PM EDT - Czarelli Tuason

Songdo International Business District Becomes More Popular As A Residential City Rather Than A Global Business Hub

Even before its target completion date in 2020, the Songdo International Business District has become more of a residential city, instead of the original plan of becoming a hub for global companies.

A Korean designer bag brand is gaining popularity overseas. (Photo by: Pascal Le Segretain / Getty Images Entertainment)

Oct 20, 2015 PM EDT - Diana Tomale

Korean Designer Bag Brand Kwani Gains Popularity Overseas Due To Positive Feedbacks From Customers

Korean designer bag brand Kwani is gaining popularity overseas in just a couple of years. Kwani CEO says they are receiving good feedbacks from customers because of their design, quality and reasonable price.

The South Korean government will test all diesel-powered cars amid Volkswagen scandal. (Photo by Sean Gallup / Getty Images News)

Oct 20, 2015 PM EDT - Diana Tomale

South Korean Government Will Test All Diesel Cars Amid Growing Issue On Volkswagen's Alleged Emission Tests Cheating

The South Korean government will run its own tests in response to the growing interest of the public after Volkswagen was accused for allegedly cheating emission tests last month.

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