Most Popular
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Seoul Fireworks Festival ends smoothly, but leaves piles of trash
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[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
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Can Jennie break the K-pop solo artist slump?
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Yoon set for talks with Marcos in Philippines
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[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
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Ex-president's daughter investigated for drunk driving accident
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Yoon, Marcos agree to upgrade military, infrastructure, nuclear ties
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'Culinary Class Wars' producers deny trying to spice up results
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First lady’s Dior bag scandal to be at center of Assembly audit
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Seoulites celebrate coexistence at Wellness Seoul 2024
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GS Inima Environment wins W2.3tr seawater desalination projects in Oman
GS Inima Environment said Sunday it has won an overseas desalination project worth 2.3 trillion won ($2.1 billion) in Oman, the biggest in the company’s history. According to the Spain-based water processing subsidiary of GS Engineering & Construction, it received a letter of award from Oman Power & Water Procurement Company to conduct two independent water projects -- the third phase desalination project at Al Ghubra desalination plant and the fifth phase project plan in Barka.
Nov. 22, 2020
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[From the Scene] Kospo undaunted in wind power plans
YEONGDEOK, North Gyeongsang Province -- Golden rays of sunlight pierced through the chunks of cotton clouds to shine across 24 giant wind turbines atop a 200-meter-tall hill. The three blades jutting from each of the 1.65-megawatt wind turbines rotated clockwise at full throttle, powered by the sea breeze from the coast of Yeongdeok, North Gyeongsang Province. “In the winter season from November to February, Yeongdeok Wind Farm is in full operation as strong winds from the northwest b
Nov. 22, 2020
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Samsung’s Bespoke brand steers home appliance sales
Samsung Electronics said Sunday that sales of its home appliances launched under the Bespoke brand have increased rapidly. Bespoke refrigerators, for instance, took up 65 percent of its total refrigerator sales during the June-October period. Sales of the Bespoke dishwasher and oven models from January to October increased by 280 percent and 130 percent on-year, respectively. The Bespoke oven model launched in September last year accounted for 70 percent of the company’s total oven sa
Nov. 22, 2020
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Retail giant E-Land suspends operations at nearly half of stores due to ransomware attack
South Korean fashion and retail conglomerate E-Land Group said Sunday it has suspended operations at nearly half of its stores in the country due to a ransomware attack. The group said its corporate network system was attacked by ransomware early in the morning. Such a malware attack has forced 23 of its 50 branches of NC Department Store and NewCore Outlet to halt their operations, E-Land added. Ransomware is software that intentionally blocks users from accessing their digital files unless
Nov. 22, 2020
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[Weekender] Spending time by yourself? You are not alone
A streamer is broadcasting an online eating show, or mukbang. Fans get their snacks and drinks ready, take photographs and share them on the streamer’s web page with stories and comments. The streamer goes over the photographs and reads comments as if they are having a table talk. The streamer holds up his glass and offers a toast to tens of thousands of viewers. Though they are e-connected, it somehow creates a sense of togetherness. The increasing number of one-person households on
Nov. 21, 2020
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Seoul court rules against state health insurer on compensation suit against tobacco firms
After a six-year court battle, a Seoul court ruled against the National Health Insurance Service in the case filed against major tobacco companies, saying there was no direct link with the insurer’s financial burden and the firms’ business activities. NHIS first filed a compensation suit Against KT&G, the leading tobacco manufacturer here, and the local headquarters of British American Tobacco and Philip Morris, claiming that their sales of cigarettes had caused extra costs fo
Nov. 20, 2020
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AstraZeneca vaccine results to be out around Christmas, SK Bioscience already manufacturing
AstraZeneca and Oxford University’s co-developed COVID-19 vaccine AZD1222 has shown immune response in older adults enrolled in a phase 2 clinical trial of the drug. Phase 3 clinical trial results are anticipated to be released around Christmas, the researchers said Friday. SK Bioscience, the Korean vaccine producer who in July signed with AstraZeneca to manufacture its COVID-19 vaccine, confirmed with The Korea Herald on Friday that manufacturing has been going without a glitch. AZD
Nov. 20, 2020
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USITC postpones final ruling on Medytox, Daewoong’s BTX trade secret suit
The US’ International Trade Commission on Friday once again delayed its final ruling on a trade secret suit between Korean companies Medytox and Daewoong involving a botulinum toxin strain. The ITC did not elaborate on the reason for the postponement, but the agency‘s website indicates that the whole organization is teleworking since March this year due to COVID-19, suggesting that the pandemic may have interfered with its regular workflow. This is the second time the ITC has postp
Nov. 20, 2020
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[Monitor] Price gap widens for planned towns around Seoul
Despite the two towns having been planned and built around the same time in the early 1990s, the price gap between apartments in Bundang and Ilsan is getting wider each year, showed a report by KB Kookmin Bank’s real estate services platform Liiv On and real estate information service 10000-Lab. Bundang and Ilsan are among the five “new town” projects announced in 1989 by the Roh Tae-woo administration to help with real estate price stabilization and housing supplies. The comm
Nov. 20, 2020
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Big firms gird for tougher social distancing amid virus surge
Big businesses in South Korea are taking preemptive steps to brace for tougher social distancing due to a recent surge in new coronavirus cases, sources said Friday. Seoul on Thursday raised its five-tier social distancing scheme by one notch in the greater Seoul area and some other areas where COVID-19 infections have soared recently. The Level 1.5 alert is largely aimed at limiting the number of people in closed areas and mass gatherings to rein in the spread of the flu-like virus. Accordin
Nov. 20, 2020
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Samsung’s top brass gather for 33rd anniversary of founder’s death
Samsung Electronics Vice Chairman Lee Jae-yong and the company’s top brass gathered in Yongin, Gyeonggi Province, Thursday to mark the 33rd anniversary of founder Lee Byung-chull’s death. The memorial ceremony was held about three weeks after former Chairman Lee Kun-hee’s death. Samsung scion Lee held a luncheon with 50 C-suite-level officials of the tech giant after the ceremony. The heir thanked the executives for their support for the former chairman’s funeral.
Nov. 19, 2020
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Korea Gas Corporation adopts drone, AI for better workflow
The Korea Gas Corporation said Thursday that it had adopted information and communications technology to improve its workflow and ensure a safer gas supply. Kogas is using a “smart mobile system” that enables tighter communication between the head office and its operation sites. The new system increases workflow efficiency by repackaging the on-site operation as data, which is then relayed and monitored in real time. Furthermore, to provide a reliable public service and a continuo
Nov. 19, 2020
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PureO2 touts hygiene booster amid COVID-19 pandemic
With people paying closer attention to their personal hygiene amid the global pandemic, various products claiming to eradicate unwanted germs have hit market shelves. Some of these products contain liquid chlorine dioxide, an oxygen-based sterilizer that removes germs, virus, fungus and odor. The World Health Organization has approved the use of chlorine dioxide as a disinfectant. Worldwide, over 1.8 million kilograms of chlorine dioxide is used on a daily basis as an antimicrobial agent for
Nov. 19, 2020
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Businesses fear another shutdown as coronavirus resurges
As daily confirmed coronavirus cases in South Korea exceeded 300 for the second consecutive day, large companies feared another bout of shutdowns similar to that during the first wave of the pandemic early this year. Over the past few days, Samsung, LG, SK and Hyundai Motor closed some of their office buildings after their employees were infected. On Wednesday, Samsung Electronics said one employee working at its mobile research center in Suwon was confirmed to have coronavirus. The firm clo
Nov. 19, 2020
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Hyundai Steel to hold conference on future mobility-related technologies
Hyundai Steel Co., South Korea's No. 2 steelmaker, said Thursday that it will hold an online technical conference next month on automotive materials and other relevant technologies. The conference -- which is set to begin on Dec. 2 -- is meant to promote Steel's technological prowess as it braces for an era of future mobility. Hyundai Steel said it plans to unveil its strategy on future automotive materials to meet growing demand for all-electric cars, hydrogen fuel cell electric vehicles and
Nov. 19, 2020
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S. Korea's biggest game fair kicks off online amid pandemic
South Korea's largest game expo kicked off online Thursday for the first time amid the novel coronavirus pandemic, bringing together major gaming and tech firms from both home and abroad. This year's G-star, the 16th of its kind, does not operate offline booths due to concerns over the COVID-19 outbreak, and fans are to participate in the event through the online streaming platform Twitch. Major local game developers and distributors ranging from Nexon Co. to Kakao Games will showcase their la
Nov. 19, 2020
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Doosan Heavy teams up with SK Engineering on floating wind farm
South Korean power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it will team up with local builder SK Engineering Construction Co. to develop floating wind farms. SK Engineering will carry out a project to develop the floating wind farm, while Doosan Heavy will provide technologies for key equipment of the farm, the power plant builder said in an emailed statement. In July, the government said it plans to start building the floating offshore wind farm to ge
Nov. 19, 2020
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Pfizer's COVID-19 vaccine 95% effective in its last-stage trial
Pfizer's COVID-19 vaccine candidate was 95 percent effective during its last-stage trial, Reuters reported Wednesday, adding that the drugmaker will soon apply for emergency authorization in the United States. Reuters said that the efficacy of the vaccine developed by Pfizer and its German partner BioNtech was consistent across age and ethnicity demographics, meaning that the drug could be used to boost immunization broadly for people across the globe. No major side effects were reported
Nov. 18, 2020
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Apple to reduce app store commission for small developers
Apple Inc. said Wednesday that it will reduce the standard commission from 30 percent to 15 percent for small-sized app developers at its app store starting next year. Apple currently takes a 30-percent cut of the developers' revenue when iPhone or iPad users make purchases. Virtually all in-app purchases are subject to the fees. According to a new program to be adopted on Jan. 1 next year, Apple will only charge a 15-percent fee on app developers with annual revenue less than $1 million
Nov. 18, 2020
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Korea plans up to W10tr investment for biohealth by 2023
South Korea’s newfound focus on the bio industry is only anticipated to further concentrate on the heel of announcements made Wednesday by the nation’s leading biologics companies that they will invest hundreds of billions of won to building additional plants in the bio cluster city of Songdo, Incheon. Samsung Biologics will pour 1.7 trillion won ($1.54 billion) into its new Plant 4, and Celltrion 500 billion won to its Global Life Science Research Lab and Plant 3. The Government al
Nov. 18, 2020