Most Popular
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'Culinary Class Wars' producers deny trying to spice up results
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Yoon, Marcos agree to upgrade military, infrastructure, nuclear ties
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Ex-president's daughter investigated for drunk driving accident
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Seoulites celebrate coexistence at Wellness Seoul 2024
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Netflix, streaming platforms come under fire for loose ratings
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S. Korea, Singapore seal supply chain agreement
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North Korean troops killed, wounded in Ukraine war: Seoul defense minister
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20 minors registered as CEOs making over 100 million won
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K-pop CEOs sidestep key issues at National Assembly audit
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[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth
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KHNP assures safety of older nuclear plants
Korea Hydro & Nuclear Power, the nation’s sole nuclear power plant operator, recently claimed that old facilities can be sustained via its advanced safety protocols for operating nuclear reactors.The safety of a nuclear power plant is not affected by the plant’s age as long as it is maintained properly, according to the KHNP.While it is argued that facilities can only gradually deteriorate with time, eventually leading to frequent breakdowns and public hazards, the KHNP believes such concerns de
June 26, 2014
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Samsung Everland to change its name to Cheil Industries
Samsung Everland Inc., the de facto holding company of South Korea's No. 1 conglomerate Samsung Group, said Thursday it is changing its name to Cheil Industries Inc. in the latest group-wide effort to restructure after its chairman's hospitalization.The company, which operates a resort and amusement park, acquired the fashion division of Cheil in September 2013, while the textile and chemical businesses were incorporated into Samsung SDI Co., the world's top maker of TV displays and smartphone b
June 26, 2014
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Asiana, Boeing express mixed feelings about crash report
A U.S. safety agency’s probe report into the 2013 deadly landing of an Asiana Airline aircraft in San Francisco yielded mixed reactions from the South Korean air carrier and the manufacturer Boeing. On Tuesday, the National Transportation Safety Board concluded that pilot error caused the crash as the Asiana crew over-relied on automated systems that they did not fully understand.“As a result, they flew the aircraft too low and too slow, and collided with the seawall at the end of the runway,” C
June 25, 2014
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[Herald Interview] SkinRx plays matchmaker for foreign beauty brands
Foreign beauty brands are feverishly seeking out Korean consumers as the country is fast growing into a test bed for the cosmetics industry.Kim Do-kyun, CEO of online cosmetics shopping mall SkinRx, is one man who saw a golden opportunity in this trend.“Cosmetic brands can be divided into three categories ― big global high-end beauty brands that occupy department stores, domestic brands distributed through brand street shops and newly imported cosmetic brands that don’t have retail channels here
June 25, 2014
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CJ chases bigger U.S. market share with new lysine factory
CJ Cheiljedang Corp., South Korea’s top food maker, has opened a new lysine production facility in the United States as it seeks a bigger portion of the global biomarket, the company said Wednesday. The factory in Fort Dodge, Iowa, built with an investment of $320 million, will annually produce more than 100,000 tons of lysine, an essential amino acid used in making animal feeds, to be sold in the U.S., it said.Cargill, the world’s largest trader of agricultural commodities, will provide the pla
June 25, 2014
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[Best Brand] The role of strong brand value
Despite having high quality and utilizing new technology, some products are brushed aside by consumers due to the fact that they are of lesser known, smaller brands.According to a 2009 report from Samsung Economic Research Institute, the chief executives of small and mid-sized companies said their products fetched only 64 percent of the price they would have gotten had their brands been affiliated with a conglomerate.Also, up to 87 percent of the CEOs said that they had been shortchanged because
June 25, 2014
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[Best Brand] Singapore Airlines reinforces commitment to customers
A customer is served in Singapore Airlines’ first class section.Foreign airline - Singapore AirlinesWorld-class airline Singapore Airlines has once again proved it is ahead of the curve with its commitment to customer service and in-flight innovations. Last year, the carrier introduced new seats in all classes of travel and the world’s most advanced in-flight entertainment system. Customers can now expect advanced hardware, an innovative yet intuitive user interface, and a wide selection of tho
June 25, 2014
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[Best Brand] McDonald’s committed to children’s welfare
Children participate in McDonald’s Korea’s Ronald McDonald Soccer Club.Quick Service Restaurant - McDonald’s KoreaMcDonald’s has always been committed to doing the right thing, ensuring that its business practices and policies continue to have a positive impact on society. In this sense, one of McDonald’s key visions is to reach out to create a lasting influence on local communities. In Korea, McDonald’s has focused on supporting its vision of “championing generations of healthier and happier c
June 25, 2014
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[Best Brand] Daelim makes name as global developer
Daelim employees at work at a construction site in the PhilippinesOverseas Construction - DaelimDaelim Industrial, one of South Korea’s leading builders, is on the path to becoming a major global developer through optimization of its privately invested power plants and its petrochemical products.With 35 years of know-how in the fields of engineering, procurement and construction, the company won orders worth some 8.65 trillion won in 2013 alone, with overseas orders of 5.45 trillion won, or 63 p
June 25, 2014
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[Best Brand] Coway’s reign fueled by innovation and dedication
A model poses with one of Coway’s water purifiers.LIVING CULTURE - COWAYCoway, the country’s leading water purifier maker, is maintaining its dominance in the local market through innovative marketing and vigorous research and development. “Coway is always launching innovative products such as the Da Vinci that allows you to select the taste of the water, and the country’s smallest purifier that produces ice,” Coway CEO Kim Dong-hyeon said. The country’s smallest ice-making water purifier, the
June 25, 2014
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[Best Brand] Yuhan-Kimberly eyes market with Huggies
An image of Yuhan-Kimberly’s Huggies Baby Wet WipesBabies & kids skin care - Yuhan-KimberlyYuhan-Kimberly, one of the leading life innovation companies in Korea, is out to conquer the world with its Huggies Baby Wet Wipes.The company set up facilities to start manufacturing coform ― a patented Kimberly-Clark material with a pillow-like consistency ― in June 2013 and has been churning out quality baby wipes ever since.Coform, the chief material for Huggies wipes, contains 30 percent more moistu
June 25, 2014
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[Graphic News] Samsung leads in smartphone, chip, social media patents
Samsung Electronics, the world’s largest smartphone maker, led the global ranking for the number of patent applications in mobile phones, semiconductors and smart media, according to the 2014 State of Innovation report by Thomson-Reuters on Monday.LG Electronics placed second for both mobile phones and semiconductors ― especially a tight race for the latter.Apart from these patent applications, Samsung ranked No. 9 in the world for medical equipment and No. 8 in alternative fuel vehicles.
June 24, 2014
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POSCO pulls out of bid for Dongbu
The top management at POSCO, the nation’s top steelmaker, on Tuesday said it has decided to pull out of a package bid for Dongbu Group’s Incheon Steel Plant and a coal-fired thermal power plant in Dangjn. POSCO had been conducting due diligence on the request of the Korea Development Bank, the main creditor of the financially faltering Dongbu Group. “Based on the results, we concluded that the synergy effect from the deal would not be big enough, considering the financial burden,’’ POSCO chairma
June 24, 2014
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JTI Korea unveils multiflavored cigarette
“Mevius Option2”JTI Korea has launched a new capsule-type cigarette that has multiple flavors, the local unit of the Japanese tobacco manufacturer announced on Tuesday.The new product, named “Mevius Option2” is the latest addition to JTI’s popular Mevius lineup.Each package contains 15 cigarettes with “cooling pop” menthol capsules embedded in the filter and another five cigarettes with double capsules that add a tangy flavor, the company said.JTI Korea noted that the new product is designed to
June 24, 2014
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Hankook Tire slows production to ease inventory glut
Hankook Tire, South Korea’s largest tire maker, said Tuesday that it has scaled back production due to its record inventory glut. The company said the number of unsold tires reached a staggering 660,000, the highest since the company was founded in 1941. The total is equal to 8.5 percent of the 7.75 million tires it makes in a month.The surge in unsold tires comes as demand failed to pick up as originally anticipated, and because the company moved to expand its production capability both at home
June 24, 2014
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Kmall24.com woos overseas direct shoppers
A screen grab of Kmall24.com’s websiteKorea International Trade Association on Tuesday signaled the launch of Kmall24.com, an online shopping mall of Korean products, designed to woo overseas customers. KITA is the nation’s largest association of traders under the Ministry of Trade, Industry and Energy. “The mall, offering multi-languages and around-the-clock services, was designed to support the online transactions of quality Korean goods across the border,” said Lee Kwon-jae who has been in ch
June 24, 2014
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Herbalife launches skin care products
Herbalife Korea released Herbalife SKIN, a line of skincare products that “enhances people’s skin with optimum blend vitamin B3, antioxidant vitamin C and E, aloe vera and other botanical ingredients.” They are paraben-free, sulfate-free and dermatologist tested. The products introduced are a cleanser, toner, serum, eye gel, eye cream, moisturizer, night cream scrub and mint clay mask, which have been developed by Dr. Paolo Giaconomi.“Just by using the product for seven days one will feel some l
June 24, 2014
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Etude House presents waterproof makeup collection
Global makeup brand Etude House released the “Lock N Summer” collection comprised of waterproof makeup items for the summer. The Proof 10 Cushion Lock N Liner sustains the makeup for 24 hours while Pearl Proof Any Cushion SPF50+ / PA+++ prevents perspiration and sebum from ruining the makeup. The cushion foundation also contains aloe vera extract that soothes the skin and prevents the face from becoming dry under the sun. The collection also includes Lock N Summer Cushion Blush and Lash Perm Wat
June 24, 2014
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DBLY launches Toddy Palm jaggery
DBLY released Toddy Palm Jaggery, a sugar replacement made with natural ingredients. It is extracted from Toddy Palm in Myanmar and processed at the HACCP-accredited factory in Korea. Toddy Palm extract is known to contain abundant polyphenol, calcium, magnesium, vitamin C and other beneficial ingredients. “The glycemix index of unrefined brown sugar made from palm sap is 35, lower than sugar’s 109 or honey’s 88. It means that the liquid does not raise a person’s blood glucose level following co
June 24, 2014
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Samsung Medison launches ultrasound diagnosis system
Samsung Medison released the ultrasound diagnosis system RS80A, which allows improved image quality and functions for increased diagnostic confidence. The RS80A’s S-Vision Architecture engine creates a high-definition image while the 23 inch LED monitor provides clearer and brighter images. Its S-Detect program can detect the breast lesions with a single click. Therefore, the device is suitable for point-of-care diagnosis on the heart, stomach, and cardiovascular and thyroid areas, the medical a
June 24, 2014