Most Popular
-
1
Seoul Fireworks Festival ends smoothly, but leaves piles of trash
-
2
[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
-
3
Yoon set for talks with Marcos in Philippines
-
4
Can Jennie break the K-pop solo artist slump?
-
5
[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
-
6
First lady’s Dior bag scandal to be at center of Assembly audit
-
7
Yoon honors veterans of Korean War in trip to Philippines
-
8
Seoulites celebrate coexistence at Wellness Seoul 2024
-
9
'Culinary Class Wars' producers deny trying to spice up results
-
10
Yoon, Marcos agree to upgrade military, infrastructure, nuclear ties
-
SK Gas launches hydrogen charging station with café, unmanned convenience store
SK Gas said Thursday it has introduced its first Eco Station, a hydrogen and liquefied petroleum gas charging station equipped with café, unmanned convenience store and premium DIY car washing facility. According to South Korea’s leading LPG supplier, it opened its first Eco Station in Namdong-gu, Incheon. The Eco Station, which was previously an LPG charging station, added a hydrogen charging facility last November and recently installed unmanned CU convenience store and DIY ca
July 16, 2020
-
Demand for Unity’s game engine soars as Korean game industry goes mobile
Unity, a licensed game engine, is in full throttle in South Korea as the domestic industry is seeking a major shift to the mobile sphere with the engine. According to Unity Technologies Korea, eight mobile games that have been or will be launched in Korea this year are based on its game engine as increasingly more companies here are making mobile versions of their popular PC games. “Unity’s game engine, optimized for mobile game development, is supporting legendary games that w
July 16, 2020
-
FDA fast-tracks Hanmi’s liver disease drug
Hanmi Pharmaceutical’s LAPS Triple Agonist (HM15211) was given fast-track approval by the US Food and Drug Administration, the company announced Thursday. LAPS Triple Agonist is Hanmi’s original pipeline for a form of nonalcoholic fatty liver disease commonly called NASH for short. NASH is one of the most common incurable diseases that has high unmet medical needs. Current drugs only slow the progression of the disease, which can cause death due to scarring of the liver, but canno
July 16, 2020
-
[Monitor] Nearly half of workers still experience harassement at workplace: survey
About half of office workers in Korea are still experiencing harassment in the workplace even after related laws were enacted last year, a survey conducted by a local civic group showed Wednesday. According to the report by civic group Gabjil199, which surveyed 1,000 office workers here, around 45.5 percent of office workers answered that they are still experiencing workplace harassment. Insults or defamation were the most frequent forms of harassment in the workplace, accounting for 29.6 pe
July 16, 2020
-
Samsung Electronics world's No. 2 chip firm by market cap: data
Samsung Electronics Co., South Korea's leading tech firm, is the world's second-largest semiconductor company in terms of market capitalization, data showed Thursday, despite a share price drop. Samsung's market value totaled $261.9 billion as of last Friday, only behind Taiwan Semiconductor Manufacturing Company (TSMC), whose market cap reached $306.3 billion, according to data analyzed by corporate tracker CEO Score and Yonhap News Agency. TSMC is the world's largest contract chip manufac
July 16, 2020
-
Coupang launches phone-subscription service sales
Expanding the line of products sold on its platform, Coupang said Wednesday it has launched Rocket Mobile, through which customers can browse and choose subscription plans offered by mobile carriers. The South Korean e-commerce giant said the new platform is an addition to the current sales of smartphone devices, including those made by Samsung Electronics and Apple. Through Rocket Mobile, customers can now choose monthly call plans as they purchase mobile devices, a one-stop service that wa
July 15, 2020
-
Lotte Chemical nabs 3 prizes at Red Dot Design Award 2020
South Korea’s Lotte Chemical took home three awards at the Red Dot Design Award this year, the company said Wednesday. Arranged by Germany’s Design Zentrum Nordheim Westfalen, the Red Dot Design Award is one of the three most recognized design awards alongside the iF Design Award and IDEA Design Award. According to Lotte Chemical, its multi layered 3D lighting effect was crowned Best of the Best in the surface and design category. Lotte designed the effect by applying laser beam
July 15, 2020
-
S-Oil supports injured firefighters for 12th year
S-Oil said Wednesday it has provided 60 million won ($49,975) to 31 firefighters who have suffered injuries during their missions, continuing its support of firefighters for 12 consecutive years. According to the South Korean refiner, it recently held a donation ceremony with the Korea National Council on Social Welfare at the Mapo Fire Station in western Seoul, and distributed the amount among 31 firefighters injured during firefighting, rescue and first aid missions. Since 2009, S-Oil ha
July 15, 2020
-
[News Analysis] Reason why Korea assigns more budget to COVID-19 vaccine than treatment
South Korean government officials on Tuesday held an explanatory session with pharmaceutical company researchers to go over the details of how the extra budget assigned for COVID-19 vaccine and treatment development will be utilized. What drew special attention was how the development of vaccines had more budget set aside for support than treatments, albeit by a small margin. The Ministry of Health is giving 45 billion won ($37.5 million) to support all phases of clinical trials for COVID-19
July 15, 2020
-
Korea should partner with Germany for hydrogen economy: report
South Korean companies should partner with German firms to develop hydrogen technologies and actively take part in related projects to make the best use of the European country’s new hydrogen road map, according to a report Wednesday. The state-run Korea Trade-Investment Promotion Agency (KOTRA) released a report titled “Current status of the German hydrogen industry and Korean firms’ entry strategy,” highlighting that local firms should advance into Germany’s hy
July 15, 2020
-
[Monitor] Record-high unemployment allowances paid out in June
Over 1.11 trillion won was spent as allowances for job seekers in June this year, marking a record high monthly payout and jumping 62.9 percent on-year, the Employment and Labor Ministry said. The amount of unemployment allowance had surpassed the 1 trillion threshold for the first time in May, as the number of jobless surged upon the COVID-19 pandemic. (khnews@heraldcorp.com)
July 15, 2020
-
LG Chem takes SK Innovation complaint to prosecution
LG Chem said Tuesday that it has filed a criminal complaint with the prosecution against SK Innovation, accusing it of stealing trade secrets concerning electric vehicle batteries. The SK Group affiliate is already being probed by the South Korean police and the US International Trade Commission. According to LG Chem, it filed the complaint with the Seoul Central District Prosecutors’ Office last week because the Seoul police investigation -- upon its complaint in May last year -- is
July 14, 2020
-
Hyundai’s Chung, Naver’s Han support ‘New Deal’
Joining South Korean President Moon Jae-in’s quest to pioneer new technologies and industries in the post-COVID-19 era, Hyundai Motor Group Vice Chairman Chung Euisun and Naver CEO Han Seong-sook on Tuesday presented their company visions via a teleconference broadcast at Cheong Wa Dae. Chung and Han, who lead the country’s biggest automaker and internet portal operator, respectively, expressed support for the government’s five-year “New Deal” policy drive, which
July 14, 2020
-
National hydrogen drive creates perfect window for Korean conglomerates
President Moon Jae-in’s push for hydrogen economy has created a perfect window for Korean conglomerates to create synergies with their affiliates and find a new growth engine in the burgeoning industry. On Tuesday, President Moon, who aims to roll out 6.2 million hydrogen vehicles and 1,200 charging stations by 2040, held a videoconference with Hyundai Motor Group Executive Vice Chairman Chung Euisun to discuss specific plans to take the lead in the global hydrogen vehicle market and t
July 14, 2020
-
Hanwha Defense receives record score on productivity test
Hanwha Defense on Tuesday received a record score on a government productivity test, becoming the first company in South Korea to attain level 8 out of 10. According to the Korean defense company, it scored 722.6 points on the Productivity Management System test conducted by the Industry Ministry and the Korea Productivity Center, getting level 8 in six of the seven categories: leadership; innovation; customers; workforce; process; and measurement, analysis and knowledge management. Level
July 14, 2020
-
FugenBio presents ceriporia lacerata as new treatment for diabetes
FugenBio, a South Korean bio firm using original materials to develop health care and medical products, announced Tuesday it has found novel materials to treat diabetes after its decade-long research. The firm’s CEO Kim Yoon-soo said at a press conference that it has received approval for its breakthrough fungus ceriporia lacerate from the local Drug Ministry as a viable health supplement ingredient. “If it succeeds, we would be the world’s first to develop and commercialize
July 14, 2020
-
Korea to open Asia’s first bioprocessing HR training center
The South Korean government announced Tuesday it will inject 61.9 billion won ($51.3 million) by 2025 to foster Asia’s first human resources platform for bioprocessing talents. Ministers of trade and health -- Sung Yun-mo and Park Neung-hoo -- attended the signing of a memorandum of understanding in central Seoul. In what would be Asia’s first state-driven agenda to foster bioprocessing professionals, the memorandum holds the Trade Ministry responsible for establishing a good manuf
July 14, 2020
-
Pandemic-hit movie industry banks on summer rebound
The new coronavirus pandemic has crippled every aspect of daily life as people increasingly opt to reduce contact, stay at home and shun visits to closed environments out of fear of contracting the virus. But the movie industry, one of the sectors hit hardest by the COVID-19 outbreak, is pinning hopes on a rebound during the summer, albeit far slower and weaker than expected, as the economy and people begin to limp back to normality. "July will be our most important pacemaker for a rebou
July 14, 2020
-
BAT Korea appoints first female chief in industry
BAT Korea said Monday that it has appointed Kim Eun-ji as its new country manager. She is the first female chief in the South Korean tobacco industry. Kim, who served as the company’s brand director in Indonesia, joined the company in 2004 and has 16 years of experience in the tobacco industry, BAT Korea said. As the new CEO, she will be responsible for leading the domestic trade business of BAT Korea, aligned with the group strategy, the company said. The company said Kim will help
July 13, 2020
-
Following FDA’s decision, PMI repeats need for differentiated policies
For public health, authorities around the world should adopt differentiated regulations for heated tobacco products and conventional cigarettes, as the two are too different to be grouped together, Philip Morris International Chief Executive Officer Andre Calantzopoulos said Monday. Speaking at a webinar media brief, Calantzopoulos hailed the recent decision of US Food and Drug Administration to authorize marketing of its heated tobacco product IQOS as a ”historic“ and ”impo
July 13, 2020