Most Popular
-
1
Military aircraft evacuating S. Koreans in Lebanon returns home
-
2
Seoul Fireworks Festival ends smoothly, but leaves piles of trash
-
3
Yoon set for talks with Marcos in Philippines
-
4
[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
-
5
Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
-
6
2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
-
7
[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
-
8
Can Jennie break the K-pop solo artist slump?
-
9
Firefighters’ 3,000 won meals spark nutrition concerns
-
10
From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
-
Korean pharmacists boycott Japanese OTC medicines
Regional associations of Korean pharmacists are boycotting imported over-the-counter drugs from Japan, recommending Korean alternative products to patients.Some of the popular Japanese OTC drugs in Korea include: Takeda Pharmaceutical’s fatigue-restoring vitamin Actinium; teardrop solution Rohto; stomatitis treatment Albothyl; cold remedy Whituben; Kobayashi Medicine’s eye-cleaning agent Eyebon; Nichiban’s first-aid bandage Careleaves; and Kowa’s digestion medicine Cabagi
July 29, 2019
-
South Korea beset by escalating trade tensions
South Korea faces economic disruption as Japan moves to tighten export curbs on materials necessary for local tech frms, along with fresh objections raised by the US that could hurt the domestic agricultural sector.Japan is likely to remove Korea from a whitelist of 27 countries that receive preferential treatment in trade after a Cabinet meeting Friday, major Japanese media outlets reported Monday. Tokyo gathered public opinion on its decision to remove Korea from the whitelist last week. A maj
July 29, 2019
-
Daewoo E&C starts sales of deluxe apartments
Daewoo Engineering & Construction said Monday it will start sales of its new premium apartments located in Gwacheon, Gyeonggi Province.Gwacheon Prugio Summit is a complex of 32 apartment blocks with seven different apartment floor plans to choose from. Starting from 254 units of 59 square meters, sizes range all the way to 151 square meters.Unlike other similar complexes that have been renovated, the new complex in Gwacheon is designed with luxurious features.Residents will get to enjoy Euro
July 29, 2019
-
[Herald Interview] Embraer offers Korean budget airlines more profitability with smaller planes
Amid the expanding market size of budget airlines following the South Korean government’s approval of three additional low-cost carriers earlier this year, they have become the most-preferred travel option for Koreans due to their low costs and widespread connectivity. Competition among LCCs is growing intense, with more air carriers stretching their services by introducing larger, long-haul aircrafts as well as premium seats such as Jeju Air’s “New Class.”But accord
July 29, 2019
-
OB denies reports of AB InBev’s plan to sell stake
South Korea’s Oriental Brewery on Monday denied news reports that its parent Belgian company AB InBev is seeking to sell its majority stake. According to local media reports, AB InBev -- which acquired OB for $5.8 billion in 2014 -- has been contacting local retail conglomerates such as Lotte and Shinsegae, as well as private equity funds via foreign securities companies to sell its stake. The deal could be worth some 9 trillion won ($7.65 billion). But OB has flatly denied such
July 29, 2019
-
[From the Scene] Posco steels itself for green car era
SONGDO, Incheon – As vehicles increasingly shift from gasoline to electric power, attention is turning to whether lighter materials such as carbon fiber reinforced polymers and aluminum will replace steel in car parts, frames and bodywork. But South Korean steel giant Posco thinks there is hope for steel yet. It is aiming to keep carmaker clients by offering lighter but stronger kinds of steel. The strategy comes thanks to a highly engineered marketing solution devised by its research and
July 28, 2019
-
Hyundai Glovis opens first SE Asia office in Vietnam
Hyundai Motor Group’s logistics arm Hyundai Glovis is widening its overseas presence by opening its first Southeast Asian office in Vietnam.Hyundai Glovis Vietnam, which was launched Thursday, will serve as a bridgehead for the company to expand its business in the region, the firm said.The company will focus on transporting automotive and nonautomotive products such as food, cold chain products, textile and clothing. It will also supply auto parts to a local factory which has an annual ou
July 28, 2019
-
Lotte Duty Free opens third store in Vietnam
Lotte Duty Free said Sunday that its third duty-free store in Vietnam has opened at Hanoi’s Noi Bai International Airport, a year after its second outlet was launched in Nha Trang. Spanning over 506 square meters, the store inside the departure area in Hanoi Airport sells perfumes, cosmetics, liquor, tobacco, food, and more, from 90 brands. It also exclusively sells products from 21 brands including South Korea’s History of Whoo. The duty-free operator said it expects sales at t
July 28, 2019
-
[Advertorial] Citibank Korea participate in 22nd Habitat volunteer program
Citibank Korea said Sunday it has carried out its 22nd annual charity and volunteering program “Citi Building Hope and Home” through its partnership with Habitat for Humanity Korea.The South Korean unit of the international banking giant said employees and their families visited a Habitat building site in Cheonan, South Chungcheong Province, from Tuesday to Friday, to deliver donations and build homes for the homeless. The program has so far been joined by some 1,700 employees and th
July 28, 2019
-
Trade minister returns home after consulting with US over Japan's trade curbs
South Korean Trade Minister Yoo Myung-hee returned home from the United States on Saturday after asking for Washington's support and mediation in Seoul's fight against export controls by Japan.During her five-day visit, Yoo met various political and business officials in Washington, including US Commerce Secretary Wilbur Ross, to highlight that Tokyo's restrictions are not acceptable. Starting this month, without prior notice, Japan implemented strict regulations for exports of three key materia
July 27, 2019
-
SK Innovation Q2 net more than halves on weak margins
SK Innovation Co., South Korea's top oil refiner, said Friday that its second-quarter net profit tumbled 67 percent from a year earlier on weak refining margins. Net profit stood at 168.9 billion won ($142 million) on a consolidated basis in the April-June period, compared with 512.6 billion won a year earlier, the company said in a regulatory filing. Operating income plunged 41.6 percent on-year to reach 497.5 billion won in the second quarter, with sales declining 2.5 percent on-ye
July 26, 2019
-
Watch LoL from in-game character perspective, says SKT
Telecommunications firm SKT is giving users a new option to watch League of Legends matches from an in-game champion’s perspective, the company announced Friday. Users subscribed to SKT’s 5G plan can put on goggles to enjoy three new services. Jump AR lets users virtually access the LoL Park stadium in Jongno, Seoul, from anywhere. VR Livestream broadcasts the LoL Championship Korea competition in virtual reality. And VR Replay enables viewers to watch the match from a champion&rsquo
July 26, 2019
-
Anycos’ QR code packaging to help prevent copycat products
The market for packaging has grown along with the popularity of online shopping, deliveries and home meal replacements. Korean food manufacturing giant CJ projected that sales of home meal replacements would triple from 240 billion won ($203 million) in 2017 to 700 billion won by 2020. Tapping into this trend, Anycos, which opened a factory in January in Hwaseong, Gyeonggi Province, is prepared to annually manufacture roughly 40 million meters of plastic packaging materials for food, cosmetics a
July 26, 2019
-
Trade minister reaches out to US politicians, businesses over Japan’s export curbs
Trade Minister Yoo Myung-hee warned that Tokyo’s trade measures will set a “risky precedent” while seeking cooperation from US politicians, think tanks and trade organizations over Japan’s export restrictions, the ministry said Friday.During her visit to the US from Tuesday to Thursday, the trade minister met with US politicians, including Commerce Secretary Wilbur Ross, Foreign Affairs Chairman Eliot Engel and Texas Congressman Michael McCaul, as well as think tanks, inc
July 26, 2019
-
Samsung narrows gap with Xiaomi in India's smartphone market in Q2
Samsung Electronics Co. remained the second-largest smartphone vendor in India behind Xiaomi in the second quarter, but the Korean tech giant closed the gap with its Chinese rival with a reinforced budget lineup, industry data showed Friday. Xiaomi shipped 10.2 million smartphones in India in the April-June period for a 28.7 percent market share, according to market research firm Strategy Analytics. Samsung Electronics shipped 9.4 million units, 26.3 percent of the total, in the period, putting
July 26, 2019
-
Imported commercial car sales plunge 31% in June
Sales of imported commercial vehicles in South Korea plunged 31 percent last month from a year earlier as demand fell further amid an economic slowdown, a trade association said Friday.The number of newly registered imported commercial vehicles fell to 277 units in June from 399 the previous year, according to the Korea Automobile Importers and Distributors Association.In the January-June period, imported commercial car sales declined 14 percent to 2,024 autos from 2,364 in the same period of 20
July 26, 2019
-
[Weekender] Cafes, coffee brands roll out seasonal drinks
For many coffee lovers, summer signals a switch to cold brews.At Starbucks, a seasonal offering has been so well received by Korean customers that the company has just weeks ago decided to put it on its regular menu for the whole year round. Launched originally as a summer drink in April, the espresso-based Dolce Cold Brew combines two of the coffee franchise’s bestselling items -- Cold Brew and Dolce Latte. It only uses cold brew that was slow-steeped in cool water for 14 hours. 
July 25, 2019
-
LG Chem invests W500b for battery plant in Gumi
LG Chem will invest 500 billion won ($424 million) in building a 60,000 ton-capacity cathode material plant in Gumi, north Gyeongsang Province by 2024, the company said Thursday. Cathode is one of the four main parts of a lithium ion battery, alongside the anode, electrolyte and membrane. The cathode accounts for 40 percent of the raw materials cost of electric vehicle batteries. “Starting with the investment in Gumi, LG Chem will kick spur into producing its own core materials for batteri
July 25, 2019
-
Nationwide #boycottJapan campaign puts Korean workers in tight spot
These days, Kim Hyun-jin feels uneasy telling others where he works. “I have been working at Uniqlo for two years as a part-timer. I am proud of my workplace. It is a fun place to work, with nice people and relatively a good amount of pay,” said the 25-year-old student majoring in fashion at a university, who agreed to speak under a pseudonym.“But now, when I say I work at Uniqlo, people think I’m doing something very wrong and it makes me feel very uncomfortable. I
July 25, 2019
-
Korean biotech firms seek retraction of Japan’s trade curbs
The Korea Biotechnology Industry Organization issued a statement Thursday calling for a withdrawal of Japan’s move to exclude South Korea from the trade whitelist, citing the peaceful nature of bio pathogens trade and the open collaboration required to foster the technology worldwide.The organization represents more than 300 companies, including major pharma and biotech firms. Japan requires approvals for trade of human, animal, plant pathogens and toxins, as well as fermenters and cross-f
July 25, 2019