| Mobile Web

Search results for Gangneung

Industry

Olive Young to expand outside Seoul, spending 123.8 billion won on store overhaul

CJ Olive Young will increase investment outside the Seoul metropolitan area this year, spending 123.8 billion won on new openings, renovations and logistics upgrades, industry sources said. The company is focusing less on adding locations and more on boosting competitiveness and operating efficiency at existing stores, citing rising needs for in-store infrastructure upgrades such as electronic labels. It plans to place more than half of its large stores outside the capital region.

Telecommunications & Media

MSIT finalises 2026 overhead cable maintenance plan, to push Clean-Zone pilot

South Korea\'s Ministry of Science and ICT finalised its 2026 overhead cable maintenance plan after holding the 38th coordination meeting, it said on Monday. The plan covers 407 maintenance zones in 63 local governments, including all 25 districts of Seoul, and involves work on 130,910 utility poles. Allocation will reflect the share of public complaints, adding more work to areas with frequent complaints. The ministry will also launch a Clean-Zone pilot to prevent re-cluttering after maintenance.

Industry

Lotte Chilsung Beverage brings Lim Jun-beom back to board at shareholders meeting, focuses on finance and strategy

Lotte Chilsung Beverage will reshuffle its board at a regular shareholders meeting on March 19, nominating sales executive Lee Yang-su and ESG head Lim Jun-beom as inside directors. Lim, a finance and strategy veteran, is drawing attention as a potential future chief financial officer. The company has reported weaker results and is pursuing efficiency measures including factory closures and a voluntary retirement programme, while expanding logistics centres.