Most Popular
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Yoon warns North Korea against nuclear attack attempt
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81-year-old model awarded ‘best dressed’ in Miss Universe Korea
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Seoul mayor suggests shift in immigration policy
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'Smart pill'? ADHD treatment prescriptions spike this year
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[KH Explains] Korea pursues ‘fire-free’ batteries amid EV fears
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AI textbook bubble could burst, expert warns
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Man calls 119, found dead 1 week later because officials went to wrong place
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[Herald Review] One of Netflix's most expensive Korean originals returns, but at what cost?
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Fights, complaints, stalker fans among reasons passengers exit planes before takeoff
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SF Giants outfielder Lee Jung-hoo back home after injury-shortened rookie season
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Living in constant fear near U.S. military base
POCHEON, Gyeonggi Province ― At sunset on Oct. 28, a group of South Koreans gathered outside the gates of Rodriguez Live Fire Complex at Pocheon, Gyeonggi Province, some 24 kilometers from the heavily guarded demilitarized zone. The numbers swelled into the hundreds, with the mostly middle-aged crowd from adjacent villages starting bonfires, singing songs and watching live dance performances. However, despite the seemingly festive atmosphere, hostility could be felt as villagers were there to ho
Social AffairsDec. 7, 2015
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President urges swift passage of economic bills
President Park Geun-hye on Monday called in the ruling Saenuri Party leadership to Cheong Wa Dae and urged them to speed up the legislation of pending bills on economy, labor reform and counterterrorism, calling them crucial to revitalizing the economy and protecting the people.“How will (you) face the people if you fail (to pass the pending bills) when you head into the general elections next year?” Park told Saenuri chairman Rep. Kim Moo-sung and floor leader Rep. Won Yoo-cheol.“It is a make-o
PoliticsDec. 7, 2015
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Dissenters join calls for Moon to quit
The fragile solidarity in the main opposition party is fast crumbling again as dissenters joined former cochairman Rep. Ahn Cheol-soo’s calls for the chairman to step down Monday. Dissenting floor leader Rep. Lee Jong-kul and Supreme Council member Rep. Joo Seung-yong refused to attend the party’s regular Supreme Council meeting in the morning. They demanded chairman Rep. Moon Jae-in accept Ahn’s proposal to hold a national caucus early next year to overhaul the embattled party leadership.Their
Latest NewsDec. 7, 2015
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SKT's IoT business gains steam in China
As part of its Internet of Things drive in China, SK Telecom, the nation’s largest telecommunications company, has formed a partnership with WASU Digital TV Media Group, one of China’s largest media businesses Monday, aimed at developing smart devices and conducting joint marketing activities for smart robots and video projectors, the company said in a press release. WASU operates media platforms for mobile and traditional paid-TV services. The state-run Chinese firm has around 1.5 billion subsc
TechnologyDec. 7, 2015
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LG Uplus develops smart parking system
LG Uplus, Korea’s third-largest mobile network operator, said Monday it has developed a smart monitoring system for parking lots that deploys the company’s Long-Term Evolution technology.The parking lot monitoring system utilizing the “narrow band LTE” technology allows long-distance communications between sensors installed in parking lots, smartphones and digital devices, with which users can check vacant spots and find their cars. LG Uplus staffers pose with a smart parking solution utilizing
TechnologyDec. 7, 2015
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Park vows reform for trade competitiveness
President Park Geun-hye on Monday pledged to complete her reform drive, stressing that it would create a new environment for Korean exporters facing both internal and external challenges. In a speech delivered at the annual Trade Day, Park also urged to foster start-up exporters and industrial convergence with information technology in order to improve the nation’s trade competitiveness. “(The government) will improve the country’s trade competitiveness and strengthen the economy by wrapping up
Dec. 7, 2015
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[Editorial] Assembly of misdeeds
One of the reasons the general public has lost faith in members of the National Assembly is that they — contrary to the expectations of the people who elected them — have such low ethical standards. One need look no further than the fact that a total of 22 members of the current 19th Assembly lost their seats due to convictions. Their charges range from election law violations to bribery and influence-peddling. The number is likely to increase, as a further 10 are facing trial. That being the ca
EditorialDec. 7, 2015
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Wisewells provides everyday convenience
Wisewells is a company that produces beacons. A beacon is a short-distance wireless communication device that uses low-power Bluetooth technology. While Bluetooth transmits data bilaterally, these beacons send data in only one direction, eliminating the complexities involved in using Bluetooth. Due to their low power consumptions, beacons are also well-suited for use in IoT devices.Founded in 2013, Wisewells was selected to be an incubation company at the Gyeonggi Center for Creative Economy & I
IndustryDec. 7, 2015
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LG sees new 5-in-1 vaccine as cash cow
LG Life Sciences, the biopharmaceuticals unit of LG Group, is emerging as a stronger player in the nation’s pharma industry as it gears up to export its newly developed 5-in-1 multifunctional vaccine Eupenta globally. “We are expecting to receive the World Health Organization’s prequalification (PQ) approval of the new vaccine within one to two weeks, becoming eligible to join the United Nation’s procurement bid for 5-in-1 vaccines as early as next year,” a LG Life Sciences spokesperson told The
IndustryDec. 7, 2015
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Samsung pushes for drastic reforms
Samsung Group will undertake a major business restructuring next year aiming to restore sluggish profits at Samsung Electronics and other key affiliates. Even though the flagship Samsung Electronics has posted improved earnings in recent quarters, the figures are still lower than those during its heyday in 2013. Analysts expect its operating profits to fall again below the 6 trillion won ($5.14 billion) mark in the fourth quarter. As part of the planned restructuring set to be announced Thursday
TechnologyDec. 7, 2015
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Seoul Design Week to go abroad in 2016
Seoul Design Week, South Korea’s largest public design festival, will seek to scale up the event regionally with its counterpart in Beijing. The plan was unveiled with the closure of the 2015 SDW, organized by the Seoul Design Foundation, on Sunday. Visitors look at design-savvy items displayed at Seoul Design Market on Sunday, which was held at the Dongdaemun Design Plaza as part of the 2015 Seoul Design Week. (Seoul Design Foundation) Seoul Design Week is planning to set up a “Seoul Pavilion
Arts & DesignDec. 7, 2015
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NPAD seeks to move closer to former name ‘Democratic Party’
The main opposition New Politics Alliance for Democracy on Monday launched the process to retitle itself before the next general election, ridding itself of one of the most intricate names it has ever had.The party hinted that the new name would be something that can be abbreviated into its former and popular name “Democratic Party.”“Today, we officially started the revision process of our party name, NPAD,” Rep. Jung Byung-hun, a member of the party’s Supreme Council, said Monday.“The new name
PoliticsDec. 7, 2015
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Samsung heir likely to buy new shares in Samsung Engineering
Samsung Group said Monday that Samsung Electronics vice chairman and the group’s heir apparent Lee Jae-yong could purchase up to 300 billion won ($260 million) new shares of Samsung Engineering, the troubled plant-making unit. In a board meeting on the day, Samsung Engineering decided to issue new shares worth 1.2 trillion won, or a total of 156 million shares, to improve its financial health. The plant builder suffered an operating loss of 1.52 trillion won during the third quarter of the year
TechnologyDec. 7, 2015
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Korea ponders options before Fed tightening
Bank of Korea Gov. Lee Ju-yeol holds the central bank's monthly interest rate-setting meeting at its head office in Seoul on Nov. 12. (Yonhap)With the U.S. Federal Reserve widely expected to make a major shift in its monetary policy next week, ending the world’s largest economy’s historic era of near-zero interest rates, many in Korea are trying to gauge its possible impact on the local economy and how to best cope with it. Yet, the job inherently falls in the lap of the Bank of Korea. The BOK
Dec. 7, 2015
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Exhibition reflects the ‘messiness’ of thinking
The day before the opening of South African artist William Kentridge’s solo exhibition “Peripheral Thinking” at the Seoul branch of the National Museum of Modern and Contemporary Art, everything was in disarray. Kentridge’s silhouette cutouts, used in his animation works, hung on spots of the wall that would not conventionally be considered exhibition space. There was a cacophony of sounds, some musical and some not, quietly but consistently playing in a ringing jumble throughout the halls. Ligh
PerformanceDec. 7, 2015
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Firms blast FTA compensation fund
The government is under fire for its proposal to collect 1 trillion won ($856.4 million) from the corporate sector for a fund to support the primary industries like agriculture that are likely to suffer once the Korea-China free trade agreement comes into effect.Many see it as a politically-motivated taxation that cannot be justified. According to the Ministry of Strategy and Finance, and the Ministry of Trade, Industry and Energy, the controversial “collaborative cooperation fund” will be creat
IndustryDec. 7, 2015
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[Editorial] Playing chicken
The conflict between the central government and local educational offices over the financing of the early childhood education and care program is escalating, causing anxiety among parents with preschoolers. The government introduced the Nuri Curriculum, a universal care service for children aged 3 to 5, in 2013, in line with President Park Geun-hye’s campaign pledge to strengthen the state’s accountability for early childhood education and care. Park’s intention was fine. She sought to reduce th
EditorialDec. 7, 2015
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Cosmetics tycoon enjoys explosive growth
AmorePacific chairman Suh Kyung-bae is wrapping up another record year as his business and fortune continues to grow at an explosive pace.The country’s largest beauty products-maker, which has global brands such as Sulwhasoo and Laneige under its wing, is expected to post over $200 million in exports this year, the first time for a local cosmetics producer, according to the firm. AmorePacific chairman Seo Kyung-baeReceiving credit for this achievement, the chairman, who has turned his family’s c
IndustryDec. 7, 2015
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Samsung unit to sell 1.2 tln won worth of shares
Samsung Engineering Co., the plant engineering unit of South Korea's top conglomerate Samsung Group, said Monday that it plans to raise 1.2 trillion won ($1.03 billion) by selling new shares in a bid to improve its financial status. In a regulatory filing, the Samsung unit said that it plans to sell 156 million shares for around 7,700 won, with the final pricing to be determined on Feb. 3. Lee Jae-yong, the group's heir apparent, will chip in up to 300 billion won for shares unsold after subsc
IndustryDec. 7, 2015