Most Popular
-
1
Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
-
2
Host of Miss Korea apologizes for 'inappropriate question' about deepfake
-
3
Korea to face another massive shortfall in tax revenue
-
4
Who's lying? Hybe vs. Min conflict continues to intensify
-
5
[Contribution] Turkmenistan celebrates the 33rd anniversary of its Independence
-
6
[Photo news] Faker Mercedes
-
7
SK hynix outpaces Samsung, Micron with more powerful AI chips
-
8
Power of nostalgia brings K-pop legends back together
-
9
North Korea unveiling uranium enrichment site a US election-conscious move: NIS
-
10
'Shaman says president will die,' caller warns
-
LIG Nex1 passes certification test for upgraded missile
LIG Nex1, an army and navy weapons systems developer, has successfully passed a quality certification test for its upgraded seeker system-installed surface-to-air guided missile Chiron, said the company on Sunday.Under the supervision of the Defense Agency for Technology and Quality and financial support from the Agency for Defense Development, LIG Nex1 added to the Chiron a Korean-made seeker system, which acts as the eyes and brain of the missile, as it locates its target by detecting infrared
TechnologyMay 29, 2016
-
Korea’s OECD growth ranking drops to 12th
South Korea’s annual economic growth fell out of the Organization for Economic Cooperation and Development top 10 for the first time in nine years in 2015.Asia’s fourth-largest economy grew 2.6 percent last year, ranking 12th, behind Eastern European economies including the Czech Republic, Hungary and Poland, according to the OECD. The Czech Republic grew 4.2 percent last year, while Hungary 2.9 percent and Poland 3.6 percent. The country’s growth was also lower than that of small economies such
May 29, 2016
-
GS25 tops convenience stores: survey
Convenience store chain GS25 achieved the highest level of consumer satisfaction among Korea’s top five convenience store chains, according to a survey by the Korea Consumer Agency. GS25 received an average rating of 4 out of 5 points, pushing it ahead of rivals 7Eleven (3.9 points) and CU (3.8 points).The survey was conducted by the Korea Consumer Agency from last November. It asked consumers to rate stores based on factors such as food quality, store cleanliness and service quality.The results
IndustryMay 29, 2016
-
Sales of Korean-made products rise in duty-free shops
Sales of Korean-made products have risen in domestic duty-free shops to reach 40 percent of all sales, according to data from the Korea Customs Service on Sunday.Duty-free outlets in Korea saw revenues of 3.74 trillion won ($3.17 billion) in the first third of 2016, marking an 18.1 percent increase from the same period last year. Korean-made products were credited for 42.2 percent of those sales.Tourists shop for cosmetics at Shinsegae Duty Free in Myeong-dong. (Yonhap)The latest numbers show a
IndustryMay 29, 2016
-
Preparation committee for 'comfort women' foundation likely to launch this week
A committee will likely be launched this week to lay the groundwork for a foundation for South Korean women who worked in Japanese military brothels during World War II, sources said Sunday. The committee will be tasked with the implementation of a slew of compensation measures announced during a historic agreement between South Korea and Japan in December last year for the "comfort women." "As far as I know, the committee will be launched around May 31," a person familiar with the matter sa
InternationalMay 29, 2016
-
[Reporter’s column] Now it’s Abe’s turn to clear wartime legacy
In the wake of U.S. President Barack Obama’s historic visit to Hiroshima last Friday, controversy continues to boil in Korea, with some begrudging him for crushing hopes that he would pay respects at a Korean memorial. He lay a wreath at the Hiroshima Peace Memorial and embraced some survivors of the 1945 U.S. nuclear bombing, but Obama stopped short of visiting a monument set up within the park in dedication to Korean victims. He instead remarked at the onset of his speech that he had come to m
PoliticsMay 29, 2016
-
U.N. chief visits folk village amid presidential speculation
U.N.Secretary-General Ban Ki-moon arrived in a small folk village in southeastern South Korea on Sunday, a trip widely seen as the start of a presidential campaign ahead of next year's election. Ban, who is on a six-day visit to his native South Korea, made headlines last week after he told senior reporters on the southern resort island of Jeju that he would contemplate his future as a South Korean citizen once he steps down from his U.N. post at the end of this year. The remarks were interpre
PoliticsMay 29, 2016
-
S. Korea paves way for exporting chicken soup to China
South Korea's agricultural ministry on Sunday said it has reached an agreement with China to start exporting traditional chicken soup to the world's most populous country as early as June. The Ministry of Agriculture, Food and Rural Affairs said it has completed talks on exporting "samgyetang." Samgyetang is a traditional chicken soup made with a whole young chicken stuffed with ginseng, sticky rice and garlic. It is widely recognized in the country as an energy-boosting meal during the summ
CultureMay 29, 2016
-
Prime Minister Hwang says Korea will help 'global efforts to fight against polio'
The South Korean government will work toward eradicating polio, Prime Minister Hwang Kyo-ahn said at an international event Sunday. In a welcoming speech at the Rotary International Convention 2016, he said, "The government will support global efforts to fight against polio," adding, "Korea, a former aid recipient but now a giver, is contributing to global prosperity. "We will share our experiences on economic development and will help global neighbors who are suffering in various fields, s
Social AffairsMay 29, 2016
-
Popularity of hallyu drama spurs rush to become special forces NCO
The runaway popularity of the "Descendants of the Sun" TV series has spurred a spike in the number of young men wanting to join South Korean special forces units, a military source said Sunday. The series that ended in mid-April has been a phenomenal success in both South Korea and in places such as China. The TV show highlighted the exploits of South Korean special forces conducting humanitarian operations in a fictitious country and the romance that develops between the male and female chara
CultureMay 29, 2016
-
Samsung releases new large-sized SUHD models
Samsung Electronics Co. on Sunday said it plans to release three new large-sized models of its SUHD TV series, amid the rising demand for bigger displays among local consumers. Samsung said it plans to start the sales of 68-, 78- and 88-inch TVs, providing consumers with a wider scope of choices. The price tags on the three products stand at 7.89 million won (US$6,647), 12.9 million won and 33 million won, respectively. The SUHD TV incorporates quantum dot technology, which refers to a fi
IndustryMay 29, 2016
-
S. Korea's self-sufficiency of beef, pork drops in 2015
South Korea's self-sufficiency of beef and pork decreased together for the second consecutive year in 2015, data showed Sunday, amid the falling number of cattle raised and the rising demand for pork-related products in the country. According to the data compiled by the Ministry of Agriculture, Food and Rural Affairs, South Korea's self-sufficiency rate of beef came to 46 percent in 2015, down from 50.1 percent posted in 2013.The figure is anticipated to reach 38.8 percent in 2019. Industry
IndustryMay 29, 2016
-
SK Telecom becomes chairman of 5G union
South Korea's top mobile carrier SK Telecom Co. became the inaugural chair of the Telecom Infra Project (TIP), a global union of companies studying fifth-generation (5G) network technologies, the company said Sunday. SK Telecom said TIP has named Choi Jin-sung, its chief technology officer, as the first chairman of the organization. Led by Facebook CEO Mark Zuckerberg, TIP is an organization that studies deeper into the 5G network technology. Along with SK Telecom, the members also include G
IndustryMay 29, 2016
-
BOK to issue first commemorative banknote for PyeongChang Olympics
South Korea's central bank said Sunday it will issue the country's first commemorative banknote for the 2018 PyeongChang Winter Olympics, along with coins. The Bank of Korea said it plans to sell the commemorative banknote in the future, taking example from the 2008 Beijing Summer Olympics and the 2014 Sochi Winter Olympics. The bank earlier said it would start the sales of the first sets of commemorative coins in November, composed of two gold, eight silver and one bronze. The bank added
May 29, 2016
-
N. Korea kicks off new loyalty campaign to prop up economy
North Korea kicked off a new loyalty campaign to get people to work more as part of its five-year economic plan announced at its seventh ruling party congress, state controlled media said Sunday. According to the Korean Central News Agency (KCNA), a joint conference of officials from the ruling Workers' Party of Korea (WPK), government, economic sector and military was held Thursday through Saturday, where participants agreed to launch the "200-day campaign of loyalty" that aims to bolster nat
North KoreaMay 29, 2016
-
Hwajeong Museum, treasure trove of Asian art
Hwajeong Museum, nestled on the edge of Bugaksan Mountain, northern Seoul, is an unexpected place to discover a rare extensive collection of Asian art. It is a treasure trove of more than 13,000 pieces of East Asian artifacts, including Tibetan Buddhist paintings called Thangka, for which the museum is well-known internationally. The comprehensive collection of Asian art was amassed by Han Kwang-ho, the late former president of Boehringer Ingelheim Korea and an avid art collector for 54 years.
CultureMay 29, 2016
-
GKL hosts global casino forum
Grand Korea Leisure, the operator of the foreigner-only Seven Luck casino in Korea, hosted the Global Leisure Forum 2016 at Coex in southern Seoul on Friday. Casino industry leaders from around the world, including lawyers, professors, and company presidents, gathered at the forum to discuss the development strategy of city-based casinos in Korea as well as job creation by focusing on the future trends of the industry. GKL president Lee Gi-woo gives a speech at the Global Leisure Forum 2016 in
IndustryMay 29, 2016
-
[Photo News] Lighting up the future in Africa
Officials from Hyundai Motor Group, World Vision and state-run international aid agency KOICA take part in a groundbreaking ceremony to build an auto mechanical training center in Ethiopia, Friday. The project is part of Kia Motors’ vocational education support program in Africa, dubbed the “Green Light Project.” Participants included World Vision’s Edward Brown (from left), KOICA head Kim In-shik, Ethiopian First Lady Roman Tesfaye, Hyundai Motor President Chung Jin-haeng and Kia Motors vice pr
MobilityMay 29, 2016
-
N. Korean threat causes local schools to cancel Mt. Paekdu trip
Possible attacks by Pyongyang against South Korean citizens is causing local schools to cancel student excursions to the Mount Paekdu region, along the Sino-North Korean border, sources said Sunday. Seoul's foreign ministry issued warnings that the North may be planning some kind of attack against South Koreans, which could include kidnapping. The education ministry and the Seoul Metropolitan Office of Education also sent official letters to all schools not to arrange trips to Mount Paekdu a
North KoreaMay 29, 2016
-
Electricity went off in Park's hotel in Ethiopia
There was a short power blackout at the hotel in Ethiopia where South Korean President Park Geun-hye was staying during her state visit, hotel and South Korean officials said. The electricity went out around 8:55 p.m. on Thursday and lasted for about 30 seconds to one minute at the Sheraton Addis Hotel in Addis Ababa before the hotel's generators kicked in to provide backup power, hotel concierge Asheber Belay said. Asheber said the power supply returned to normal later, though he did not el
PoliticsMay 29, 2016