[Photo News] Resistance

Trade union members of Daewoo Shipbuilding & Marine Engineering protest against the government-led restructuring measures for the shipbuilder. The Korea Development Bank on Tuesday announced an additional measure to swap more than 1.6 trillion won ($1.4 billion) of debts into equities and resume stock tradingby March 2017 in order to salvage the shipbuilder from capital erosion. DSME’s trade union, meanwhile, is opposed to the measures, which require layoffs of about 5,000 employees. Around 1,30

IndustryNov. 1, 2016

[Photo News] Bolstered safety

Asiana Airlines employees monitor aviation data via its newly deployed aviation safety management system named AASIS2, or Asiana Airlines Safety Information 2, at the company’s safety control tower in Gangnam, Seoul, Tuesday. (Yonhap)

IndustryNov. 1, 2016

[Photo News] Sharing

Daesang Corp. CEO Myung Hyung-sup (left), employees and volunteers put together 6,000 presents, composed of Daesang Chungjungone‘s signature red pepper paste and other groceries, for donation as part of the firm’s 60th founding anniversary event at Gwanghwamun Plaza, central Seoul, Monday. (Yonhap)

IndustryOct. 31, 2016

[Photo News] LG's new 3G cellphone

LG Electronics‘ Wine 3G cellphone began sales in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cellphones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125), including tax, and is available in two colors -- brown and red. (KT)

TechnologyOct. 30, 2016

[Photo News] KT launches LG Wine 3G cell phone

LG’S NEW 3G CELL PHONE — LG Electronics began selling its Wine 3G cell phone in South Korea on Sunday via local carrier KT. LG’s new budget handset is designed for senior consumers who prefer cheap cell phones offering the most basic functions over high-end smartphones with complex features. The LG Wine 3G is priced at 143,000 won ($125) including taxes and is available in two colors — brown and red. (KT)

TechnologyOct. 30, 2016

[Photo News] For stronger financial ties

Korea‘s top financial regulators, bank heads and ambassadors of Southeast Asian nations pose for a photo Monday after gathering for dinner to discuss stronger financial ties between Korea and the Association of Southeast Asian Nations. Participants include (fifth from left in the front row) Financial Supervisory Service Gov. Zhin Woong-seob, Thai Ambassador to Korea Sarun Charoensuwan, Financial Services Commission Chairman Yim Jong-yong, Indonesian Ambassador to Korea John Aristianto Prasetio a

Oct. 25, 2016

[Photo News] Trick or treat?

Models promote a variety of Halloween-themed products at Lotte Mart’s Guro branch, Monday. Toys R Us and Toybox stores will run special promotions for costumes and other Halloween products until Nov. 2. (Lotte Mart)

IndustryOct. 24, 2016

[Photo News] Decoding future education

Futurist Thomas Frey, founder of US think tank DaVinci Institute, delivers a keynote speech on decoding future education at an education forum at Coex, southern Seoul, Monday. The forum, hosted by the Ministry of Science, ICT and Future Planning and the Ministry of Education, invited software education experts from advanced economies including the US, the UK, New Zealand and Finland to offer insights to Korean teachers and students. (Yonhap)

Oct. 24, 2016

[Photo News] Dabbing on K-beauty

Chinese power bloggers Wang Hong try on cosmetics at AmorePacific’s Luna and Age 20’s store at HDC Shilla Duty Free in Yongsan, central Seoul, Thursday. The online stars were invited to share their experience at Korea’s biggest shopping festival, Korea Sale Festa, which will end Oct. 31. (HDC Shilla Duty Free)

IndustryOct. 20, 2016

[Photo News] Scandinavian style

From left: Finnish Ambassador to Korea Eero Suominen, Norwegian Ambassador Jan Ole Grevstad, Swedish Ambassador Anne Höglund and Danish Ambassador Thomas Lehmann pose for photo at a Nordic lifestyle fair held at Shinsegae Department Store in Gangnam, Seoul, Wednesday. (Yonhap)

IndustryOct. 19, 2016

[Photo News] Dream high

An Asiana Airlines crew member shows a student how to play a trumpet at a school in Longjiang county, Qiqihar, Heilongjiang province of China, at a donation ceremony held on Tuesday as a part of the air carrier’s corporate social responsibility program titled “The Beautiful Classroom Project.” Asiana provided musical instruments to the school during the event, which was attended by officials including Ahn Byeong-seog, president of the carrier’s China regional office and Zhao Wen Hua, deputy head

IndustryOct. 18, 2016

[Photo News] Knocking on new job market

Participants attend the Job Fair For Foreign-Invested Companies 2016 on Monday at Coex, southern Seoul. Hosted by the Ministry of Trade, Industry and Energy and Kotra, the two-day fair involves 92 foreign firms seeking young Korean talents. (Yonhap)

IndustryOct. 17, 2016

[Photo News] All going downhill?

Kazuhiro Yoshizawa, CEO of NTT Docomo, tries out ski-jumping on KT’s 5G virtual reality simulator at Westin Chosun Hotel in Haeundae, Busan on Sunday after signing a partnership between the two companies on the 5G network business at the sixth Strategic Cooperation Framework Agreement on Friday. (Yonhap)

IndustryOct. 16, 2016

[Photo News] Called in

Chong Il-woo, CEO of Philip Morris Korea (left) and Tony Hayward (right), CEO of British America Tobacco Korea take a witness oath prior to a parliamentary audit by the Planning and Finance Committee on Thursday over tax evasion allegations. (Yonhap)

IndustryOct. 13, 2016

[Photo News] Bringing AI into finance

Participants including Kim Mi-seob (third from left), chief officer of management and administration at Mirae Asset, and Chung Jin-taek (third from right), dean of the Korea University College of Engineering, pose at a memorandum of understanding signing ceremony for the Mirae Asset Artificial Intelligence Financial Research Institute, the country’s first AI research institute dedicated to developing financial solutions at the Mirae Asset Center One Building in central Seoul on Thursday. (Mirae

Oct. 13, 2016

[Photo News] IoT Korea

Vice minister Choi Jae-yu of the Ministry of Science, ICT and Future Planning attends the IoT Korea Exhibition 2016 being held at COEX, southern Seoul, Wednesday. (Yonhap)

TechnologyOct. 12, 2016

[Photo News] Sale of longest dated treasury

Finance Minister Yoo Il-ho (fifth from right), Financial Services Commission Vice Chairman Jeong Eun-bo (fifth from left), Korea Exchange CEO Jeong Chan-woo (fourth from right) andd Korea Financial Investment Association Chairman Hwang Young-key (third from right) celebrate with brokerage heads the government’s sale of 50-year Teasurys, Korea’s longest-ever dated state bonds, worth 1.1 trillion won ($990 million) with a rate of 1.574 percent in Seoul, Wednesday. (Yonhap)

Oct. 12, 2016

[Photo News] Swimming robots

Participants watch fish robots swim at the 2016 Robot World International Robot Industry Show at Kintex in Goyang City, Gyeonggi Province, Wednesday. A total of 183 companies have joined the four-day event featuring various robot contests and conferences. (Yonhap)

IndustryOct. 12, 2016

[Photo News] For the marginalized

Daelim Industrial CEO Kim Han-ki (right) carries a bag of rice to donate to the marginalized in Jongno in central Seoul, Monday, as part of a celebration to mark the 77th anniversary of the foundation of the civil engineering and construction services company. (Yonhap)

IndustryOct. 10, 2016

[Photo News] Starbucks ‘Siren Order’ tops 10m users

Starbucks Coffee Korea said Monday that more than 10 million users are now using its mobile order system “Siren Order” since the system was first launched here in May 2014. Available at Starbucks outlets nationwide, customers can order and pay for their drinks via the Starbucks Coffee Korea app. Korea was the first country in the world to adopt the “Siren Order” system. (Starbucks Coffee Korea)

IndustryOct. 10, 2016