Most Popular
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Military aircraft evacuating S. Koreans in Lebanon returns home
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Seoul Fireworks Festival ends smoothly, but leaves piles of trash
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Yoon set for talks with Marcos in Philippines
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[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
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Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
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2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
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[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
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Can Jennie break the K-pop solo artist slump?
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Firefighters’ 3,000 won meals spark nutrition concerns
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From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
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Jeju Air aims for customer-oriented business growth
Jeju Air, the country’s top low-cost carrier in terms of sales, said Wednesday that it will continue to focus on a customer-oriented business strategy for its future growth, having introduced a new seat arrangement last month as part of those efforts.Called New Class and revealed in time for the July 4 launch of the Busan-Singapore route, the new premium service is designed for passengers who want more space between seats, the airline explained. To offer this “premium economy c
Aug. 21, 2019
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Korea to inject W4.7tr next year into non-memory chips, AI, mobility
The government will spend 4.7 trillion won ($3.89 billion) next year to support the development of future industries as part of its effort to revitalize the nation’s sluggish economy, the finance minister said Wednesday.At a ministerial meeting in Seoul, Deputy Prime Minister and Finance Minister Hong Nam-ki said the government would invest 3 trillion won in system semiconductors, bio-health and future mobility. The remaining 1.7 trillion won is to be set aside for data, fifth-generat
Aug. 21, 2019
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Smilegate Stove brings VR games to Korean Army
Soldiers in Korea will be given virtual reality games to destress and unwind.Smilegate Stove, a Smilegate Group affiliate, said Wednesday it has begun providing VR games to soldiers at Camp 72 in Yangju, Gyeonggi Province, in collaboration with telecom service KT, army-targeted leisure content provider K-Friends and VR content distributor Shilgam. Some 80 VR games are provided at each of the two VR game booths installed at the Culture Complex at Camp 72. This is the biggest scale of availa
Aug. 21, 2019
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GE Healthcare’s AI aims to streamline hospital management in Korea
Medical device developer GE Healthcare on Wednesday introduced an artificial intelligence based hospital operation platform called “Clinical Command Center,”for the first time in Korea. Clinical Command Center streamlines the use of real-time data for more efficient patient care such as predicting forecasted demand, managing transfers between facilities, supporting efficient care progression, and discharge planning. The machine-learning AI is being displayed at the K-Hosp
Aug. 21, 2019
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Hyundai Motor unveils new truck Pavise
Hyundai Motor Group unveiled Wednesday a rendering of its new truck Pavise, which will go on sale next month. There had been rumors that Pavise would be a new crossover after the company trademarked the name in April. According to Korea’s largest automaker, Pavise stands for practical, adaptable, volume, information, safety and economical.Hyundai Motor said the new truck’s grille design has a powerful structure with dynamic strokes. The front grille was designed to be solid and
Aug. 21, 2019
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Thailand partnering with South Korea on electric bus development
BANGKOK -- An all-electric bus with the national flags of South Korea and Thailand printed side by side sits on a campus of one of the national research universities on the southern side of Bangkok. The electric bus is a joint project between Korea and Thailand, led mainly by Korean automaker Edison Motors, which currently provides public transport services with eco-friendly buses at Namsan in Seoul and on Jeju Island. The project involves 11 organizations from both sides, including Korea’
Aug. 21, 2019
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Amorepacific spins off tea brand Osulloc
South Korean cosmetics giant Amorepacific Corp. said Tuesday that its premium green tea brand Osulloc will be launched as an independent entity this year to boost its value.Osulloc will begin independent business activity starting on Oct. 1, the company said in a regulatory filing. The move is part of efforts to reinforce Osulloc's brand image as a premium organic green tea brand, the company said. "Osulloc will solidify its brand as a leading premium tea brand through efficient and re
Aug. 20, 2019
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Are ‘water drop’ breast implants a ticking time bomb in the chest?
South Koreans with Allergan’s textured breast implants are expressing fear and complaining about a lack of direction from authorities, a week into the latest developments surrounding the first Korean patient being diagnosed with breast implant-associated anaplastic large cell lymphoma, or BIA-ALCL, a rare cancer of the immune system.The first BIA-ALCL diagnosis in Korea was publicly announced Wednesday last week by the Korean Ministry of Food and Drug Safety. It was the fourth such case in
Aug. 20, 2019
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Hyosung to invest W1tr in carbon fiber, aims to become global top 3
South Korea’s Hyosung announced Tuesday it will invest 1 trillion won ($829 million) by 2028 to expand its carbon fiber production capacity, vowing to raise the country’s competitiveness to lessen dependence on other countries. To achieve this, it will put advanced materials, crucial for the “hydrogen economy,” at the forefront of its business portfolio.The textile giant plans to start 10 production lines for carbon fiber manufacturing at its plant in Jeonju City, capable
Aug. 20, 2019
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Korean Air expands SE Asian, Chinese routes to make up for reduced Japan flights
Korean Air is expanding its Southeast Asian, Chinese and Oceania routes, in response to falling demand for air travel to Japan amid the ongoing trade row between South Korea and Japan.According to Korean Air, it is reorganizing and expanding some of its international routes to make up for lower demand for flights to Japanese cities. The full-service air carrier will add seven weekly Incheon-Clark flights from Oct. 27. It will also expand the current 14 weekly flights on the Incheon-Da
Aug. 20, 2019
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Coca-Cola Korea launches new carbonated water
Riding on the growing popularity of carbonated drinks, Coca-Cola Korea’s sparkling water brand Seagram’s has released new zero-calorie flavored sparkling water, Seagram’s The Tansan, the company said Tuesday.The company said Seagram’s The Tansan will have two flavors -- lemon and apple mint -- designed as palate refreshers. Tansan in Korean means carbonic acid, which gives carbonated drinks their signature bubbles and refreshing “bite.” “The crisp flavor
Aug. 20, 2019
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Asiana jumps as local activist fund shows takeover interest
Stock prices of Asiana Airlines Inc., South Korea's second-biggest airline, jumped 11 percent on Monday following news that a local activist fund is considering taking over the company.Asiana shares soared 26 percent to an intraday high of 6,240 won before closing at 5,500 won. The broader KOSPI gained 0.7 percent.Kumho Asiana Group, a South Korean airline-to-petrochemical conglomerate, aims to sell a 31 percent stake in Asiana Airlines held by its affiliate Kumho Industrial Co. together with it
Aug. 19, 2019
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Beleaguered air carriers halt cargo services, suffer slump in stock prices
Hit with the triple whammy of global trade conflicts, diminished profitability and management risks, South Korea’s two full-service air carriers have decided to severely cut back on cargo services to carry through their quarterly operating loss, which exceeds 100 billion each.Korean Air and Asiana Airlines both said Monday that they were suspending domestic cargo delivery service as of October, in an effort to improve their financial situation after reporting poor second-quarter earnings a
Aug. 19, 2019
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SK chief opens Icheon Forum, SK Univ. to speed up ‘deep change’
Seeking changes in the way a conglomerate operates, SK Group kicked off an annual in-house forum Monday in search of a new path to transform its wide range of businesses. Hosted by Chairman Chey Tae-won, the Icheon Forum invited CEOs of affiliates, executives and rank-and-file employees to discuss the future of the nation’s third-largest conglomerate, which faces growing geopolitical risks, technological competition and fast-changing consumer markets, officials said.During the third editio
Aug. 19, 2019
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Gucci, Louis Vuitton use retro mobile games for marketing
Global fashion houses Gucci and Louis Vuitton have incorporated 8-bit retro games into their mobile apps and online websites to attract more millennial attention. Gucci, the first from high fashion house to pivot to games for marketing, has launched the Gucci Arcade corner in its smartphone application since July. The Gucci Arcade currently has two titles Gucci Bee and Gucci Ace, whose names take after the iconic fashion lines of the Italian brand. Users can play the game for free after download
Aug. 19, 2019
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[Going Renewable 6] How IMO regulations affect Korean oil refiners, shipbuilders
The Korea Herald is publishing a series of articles on the quest of South Korea’s government and businesses to switch to renewable energy. -- Ed.New environmental regulations in international waters could serve as a momentum for Korean oil refiners and shipbuilders to seek new opportunities in the sluggish markets. In response to heightening environmental concerns and growing harmful emissions from ships, the International Maritime Organization has ruled that from January 2020 ships will h
Aug. 19, 2019
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Apple says it employs 500 workers in S. Korea
The South Korean unit of Apple Inc. employs 500 workers and has helped create more than 300,000 jobs here over the past 20 years, according to its website Monday. It marks the first time since the US tech giant's entry into South Korea in 1998 that the company has unveiled the workforce of its local subsidiary.The newly opened "job creation" section of the Korean-language website said Apple's local unit started with only two employees, but its payroll had increased to some 500 as of en
Aug. 19, 2019
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[News Focus] Korea keen on investment in ocean cruise harbors
SEJONG -- South Korea has five international cruise terminals -- two in Jeju, one in Busan, one in Sokcho and one in Incheon.With the Ministry of Oceans and Fisheries focusing on the development of cruise tourism, its plan to open a new Jeju Port, aimed at handling a greater number of inbound cruise tourists, has been approved by the Cabinet.The endorsed budget for the third ocean cruise terminal on Jeju Island -- with the capacity to manage 4.7 million tourists per year -- is set at 2.8 trillio
Aug. 18, 2019
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Top 10 biz groups' operating profits down by 54% in H1
South Korea's major conglomerates posted downbeat operating earnings in the first half from a year ago due to weak global demand for major products, including memory chips, industry data showed Sunday. The combined operating profits of 90 listed companies affiliated with the nation's top 10 business groups totaled 21.3 trillion won ($17.5 billion) in the first six months of this year, 53.5 percent down from a year earlier, according to market researcher Inforbix's analysis of their semiannual re
Aug. 18, 2019
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[Herald Interview] Raising the bar of ethical farming, startup offers ‘disruptive’ agritech
ULikeKorea is a livestock health care startup that has introduced a first-of-its-kind bio capsule designed to lodge inside a cow’s first stomach and stay there to monitor the animal’s food and drug intake, real-time core body temperature and breeding cycle for quality meat production.The company became one of the eight winning candidates in the third SoftBank Innovation Program that took place in June, 2018, as a promising agritech firm in the “disrupt” category.There hav
Aug. 18, 2019