Most Popular
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Ex-presidential official’s leaked phone call rattles conservative bloc
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Pay debate plagues foreign nanny pilot
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35% of S. Koreans view unification 'unnecessary'
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Slew of top K-pop stars ready to return from military
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S. Korea, US clinch 2026-30 defense cost-sharing deal in pre-election push
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[Reporter’s Notebook] Was Netflix film opening BIFF really a bad thing?
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N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
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Controversial cult leader’s sentence reduced to 17 years
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Concerns raised over chronic labor shortage at state-run center for digital sex crime victims
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[KH Explains] Is private equity giant MBK a risk-taker or renegade?
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Salvation Army to give financial aid to handicapped
Attendants to the Salvation Army signing ceremony included (From left): Cochlear Korea general manager Hwang Yong-jae, Seinmedex Korea president Ko Chang-hoon, Surgitech Korea president Park Sang-woo, Asianstar managing director Nam Yong-wan and Salvation Army’s Christmas Kettle headquarters secretary-general Lee Su-geun. (Salvation Army)The Salvation Army Korea signed an agreement Wednesday with local companies to provide medical expenses for the physically challenged in low-income households.I
PeopleAug. 6, 2015
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AmorePacific pushes for tailored cushion tech
South Korea’s largest cosmetics maker AmorePacific, which has upped its presence in the skin care arena with its patented cushion technology, is ramping up R&D efforts with tailored products to target overseas markets. Cushion technology-applied compact products from AmorePacific’s in-house brands including, Laneige, Sulwhasoo and Mamonde (AmorePacific)“AmorePacific created the world’s first multifunctional cushion-type cosmetics. It has been strengthening the quality and function of the techno
IndustryAug. 6, 2015
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[Newsmaker] Lotte feud ignites nationality dispute
“Lotte is a Korean company.”These words of Seoul-based Lotte Group chairman Shin Dong-bin may be simple enough, but the conglomerate’s nationality is fast becoming an issue of contention.The controversy over whether Lotte is a Korean or Japanese company flared up again this week amid a bitter succession battle involving the two sons of group founder and general chairman Shin Kyuk-ho.Lotte, having foundations in both Korea and Japan, has long been plagued by this question. The two sons -- Shin Do
IndustryAug. 6, 2015
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Exhibition sheds light on tragic artist
When the 38th Parallel was drawn to divide the Korean Peninsula after the Korean War, many people had to make a tough decision: Which side would they support?Artist Lee Quede faced the question at a prison camp where he was jailed after being captured by South Korean soldiers for being cooperative with North Korean soldiers who briefly occupied Seoul. The artist, born in 1913 in the small town of Chilgok, South Gyeongsang Province, chose to go to the North in 1953, leaving his wife and four chil
PerformanceAug. 6, 2015
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[Editorial] Unexpected holiday
Koreans will be treated to an unexpected long weekend when Aug. 14 is officially declared a temporary public holiday next Tuesday. The government said that the decision to turn the eve of the Liberation Day into a temporary public holiday was made to celebrate the 70th anniversary of liberation and to boost the economy by encouraging domestic consumption. At the same time, the government unveiled a package of measures aimed at encouraging domestic tourism, including a toll waiver on all expres
EditorialAug. 6, 2015
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[Editorial] It’s the economy
President Park Geun-hye addressed the nation yesterday, asking the people’s support for the administration’s reform drive. Her nationally televised address, the first since she addressed the country in May last year following the Sewol ferry sinking, and fourth since assuming office, came near the halfway point of her five-year presidency. The 25-minute speech was, in a way, a continuum of Park’s inaugural speech which outlined economic revival, people’s happiness, and flourishing of culture as
EditorialAug. 6, 2015
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Lotte Confectionery opens new snack store
Lotte Confectionery, South Korea’s top snack producer, opened a new flagship store on the ground floor of Lotte World Adventure in Jamsil, Seoul, Monday. The newly-opened Lotte SweetWorld offers a total of 187 snack varieties from Lotte’s 31 brands, including the snack company’s most popular picks as well as handmade baked goods, according to the company. Visitors to the SweetWorld can check out Lotte’s limited-edition snack packages and value deals, among others. In another corner is a Do-It-Yo
IndustryAug. 6, 2015
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Stokke Korea plans to launch Xplory special-edition strollers
Norway-based baby product manufacturer Stokke Korea is planning to launch a special edition of its popular Xplory True Black stroller, the company said Tuesday. The upgraded stroller, aka the “style edition,” includes a black-and-white style kit on top of all the regular components of the Stokke Xplory True Black, which brings out the iconic design of the Stokke Xplory in all black. The exclusive edition stroller also features a black cup holder, a parasol, a seat liner, a blanket and the style
IndustryAug. 6, 2015
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Hera launches Rouge Holic lipstick types
South Korea’s leading cosmetic brand Hera launched two new lipstick types as part of its popular Rouge Holic lipstick series. The new Rouge Holic glow-type lipsticks come in 10 colors and boast a glossy and smooth texture that helps bring out each color on the lips. The product coats the lips to lock in moisture, in order to prevent dried lips. The new Rouge Holic silk-type lipsticks are available in four colors and boast a thin, light texture. The new silk-type lipsticks have minimized the use
IndustryAug. 6, 2015
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Sempio launches black vinegar jam
South Korean traditional fermented sauce manufacturer Sempio has launched three new types of black vinegar jam under its vinegar sub-brand 100Year. The jam was made by adding blueberry, pomegranate, and lemon and ginger to 100 percent naturally-fermented black vinegar. To achieve a healthier taste and smoother texture, the company used agave syrup, instead of sugar, as the jam’s main sweetener. The blueberry black vinegar jam includes whole blueberries, whereas the pomegranate black vinegar jam
IndustryAug. 6, 2015
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Jaguar debuts compact sports sedan XE
British luxury carmaker Jaguar Land Rover launched Jaguar’s new compact sports sedan XE in Seoul on Thursday with the ambition to create a “game changer” in the segment where German carmakers are dominant. Jaguar unveils its entry-level sports sedan XE at a launch in Seoul on Thursday. Jaguar Land Rover Korea Bigger competitors of Jaguar XE in the luxury entry-level sedan market are BMW 3 Series, Audi A4 and Mercedes C-Class. “We are going to deliver British premium experience to young car
MobilityAug. 6, 2015
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Cosme Decorte launches premium base makeup
Cosme Decorte, a high-end cosmetics brand established by Japan-based KOSE, has newly added two new premium base makeup products to its AQ Meliority line. The AQ Meliority makeup essence is fused with a repairing emulsion which continually delivers active moisturizing ingredients into the skin for a glowing skin before applying makeup. The essence includes a special coating powder that covers up pores for a more even skin tone. The AQ Meliority powder foundation helps create a natural, translucen
IndustryAug. 6, 2015
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Seoul to expand tax benefits for foreign firms
South Korea’s tax authority has decided to expand tax incentives for foreign companies, which would increase the workforce in the nation next year, said economic policymakers on Thursday.According to the 2015 tax code revision unveiled by the Finance Ministry, the ceiling of tax deduction for foreign firms operating here will be raised to 40 percent of their total inbound-investment from the current 20 percent -- when it comes to job creation.Currently, they are offered a corporate deduction of
Aug. 6, 2015
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[Wang Huangya] ‘One Country, Two Systems’ vital
It entered a critical stage in 2015. The year also marks the 25th anniversary of the promulgation of the Basic Law of the Hong Kong Special Administrative Region and the 18th anniversary of the SAR. To further implement the “One Country, Two Systems” principle and ensure Hong Kong’s long-term stability and prosperity, the SAR must correctly assess the experience of the past 18 years. It has to translate the central government’s Hong Kong policies into real action and make the most of all these o
ViewpointsAug. 6, 2015
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[Kim Kyung-ho] Park’s stance on Beijing parade
During her summer vacation last week, President Park Geun-hye posted on her Facebook page a photo of a letter and a hand-drawn portrait of her from a Chinese man, who described the South Korean leader as his “heroine.” His admiration for Park may deepen further if he sees her attending a military parade scheduled to be held in Beijing on Sept. 3, which China established as its Victory Day last year. The parade through Tiananmen Square was apparently designed to serve as a reminder of China’s rol
ViewpointsAug. 6, 2015
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Chaebol owners use tiny stakes to control business empires
Although the nation’s top 10 chaebol owners own tiny stakes in their business empires, their shady cross-shareholding structure allows their families to wield absolute power through affiliates, recent data found Thursday. According to Chaebul.com, an online conglomerate tracker, their average ownership stake was just 0.25 percent. Including the stakes owned by other family members, the figure increased to a mere 0.49 percent.Samsung Electronics chairman Lee Kun-hee, who has been hospitalized sin
IndustryAug. 6, 2015
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LG Uplus invests in U.S. robot-maker
South Korea’s leading mobile carrier LG Uplus said Thursday that it had invested $2 million in U.S. information technology venture JIBO Inc., a developer of the world’s first social robot for home, dubbed Jibo. Founded in January this year, the U.S. venture firm has run a series of campaigns to raise funds including the one that landed around $25.3 million in January to accelerate the mass production of the social robot. The stationary robot equipped with two high-resolution cameras and a 360-de
TechnologyAug. 6, 2015
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Korean office laid bare
In 2003, Eric Surdej, a French sales expert with experience working at Sony and Toshiba, decided to join LG Electronics, seeking out new challenges in his career.He knew about Koreans’ reputation of being extremely difficult to work with, but didn’t care too much. He was determined to see for himself the inner workings of the enigmatic Korean company he believed would soon pose a major challenge to more established brands from the U.S., Europe and Japan. This company would be unstoppable once it
BooksAug. 6, 2015
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LG joins Google for new Nexus
Tech giants LG Electronics and Google are currently working together to roll out the U.S. Internet giant’s marquee smartphone, Nexus, in October this year, according to sources Thursday. Google has collaborated with global smartphone manufacturers, such as Samsung Electronics and HTC, to develop its flagship Nexus phone every year, which provides reference for manufacturers and developers of Android-powered devices. The upcoming NEXUS phone, likely to be fitted with a 5.2-inch (13-centimeter) d
TechnologyAug. 6, 2015
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KT commemorates Korea's independence Day
COMMEMORATION OF LIBERATION -- Students from the Sejong Academy of Science and Arts release helium balloons fitted with cameras to take aerial photos of the easternmost islets of Dokdo in an event held by mobile carrier KT on Thursday. The event was organized to mark the 70th anniversary of Korea’s independence from Japan’s colonial rule, which falls on Aug. 15. (KT)
TechnologyAug. 6, 2015