CJ Olive Young, a local health & beauty store chain, has been expanding alcoholic beverage sales as it prepares for an initial public offering (IPO), according to industry officials, Tuesday.
President Yoon Suk Yeol will be accompanied by an entourage of more than 120 Korean business leaders during his state visit to the United States next week. The trip comes as the two countries mark the 70th anniversary of their alliance and seek to strengthen economic partnerships in advanced technologies. The two countries are also expected to sign a raft of memoranda of understanding (MOU) during the trip to deepen bilateral cooperation in various industrial fields, such as chips, batteries, electric vehicles (EV) and biotechnology.
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