Korea Gas Corp. is expanding its dominance as a global liquefied natural gas provider, with increased overseas business volume as well as active participation in building natural gas infrastructure in emerging countries.  Workers are seen at Mexico’s Manzanillo LNG terminal. (KGC)Since its establishment in 1983 under the South Korean government, KGC has been operating a total of 72 11.4 million-kilometer-long storage facilities around the world. It has built and is operating over 4,790-kilometer

Industry July 12, 2018

진행자: 김다솔, Paul KerryKorea and India agree to strengthen ties기사요약:  문재인 대통령은 나렌드라 모디 인도 총리와 정상회담에서 교역 확대와 인적교류 활성화 등이 담긴 열 일곱개 항의 비전 성명을 채택했다. 여기에 2030년까지 두 나라 교역액을 지금보다 두배 반 늘어난 5백억불을 달성하기로 약속했다.아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2팟빵 (안드로이드): http://www.podbbang.com/ch/6638[1] President Moon Jae-in and Indian Prime Minister Narendra Modi held a summit meeting in New Delhi on Tuesday, and adopted a joint declaration that outlines increased co

Podcast July 11, 2018

Following Asiana Airlines’ latest inflight meal fiasco, a group of shareholders of Asiana Airlines are moving to file a lawsuit against the Kumho Asiana board including Chairman Park Sam-koo, industry sources said Wednesday.   (Yonhap)According to the sources, an unconfirmed number of shareholders are reviewing ways to submit class action to hold company board members and Chairman Park responsible for damages from causing inconvenience to passengers and hurting the brand image.Last week, the air

Industry July 11, 2018

Acting in tandem with the global coffee giant’s headquarters, Starbucks Korea announced Tuesday that it will kick off the “Greener Starbucks” campaign to go plastic-free at all of its stores nationwide.Starbucks Korea employees pose for an announcement made Tuesday to go greener by reducing the use of plastic at stores nationwide. (Starbucks Korea)According to the company, it will gradually introduce paper straws at all of its 1,180 stores across the country. It will also adopt specially designe

Industry July 10, 2018

FedEx Express, a subsidiary of the courier delivery services company FedEx, said Monday that South Korean small and midsized enterprises’ export volume in Asia-Pacific countries has increased significantly in recent years, citing its survey.  A FedEx Express employee delivers a parcel to a customer. (FedEx)According to the survey conducted on some 500 SMEs here from March toApril, 67 percent of them have shipped products to Asia-Pacific countrieincluding China, Japan and Vietnam. Among them, 22

Industry July 9, 2018

Euljiro, some 3.5 kilometer road cutting through the heart of Seoul in Jung-gu, has a history that goes back to 1940s.The area was called Gokanemachi under the Japanese Government General of Korea until 1946, when Koreans changed it to Eulji, named after General Eulji Mundeok who saved Korea from the invading Sui Dynasty in China.Koreans tried to weaken the spirit of Chinese who formed a Chinatown in Euljiro in the 1940s by naming the area after a courageous figure.  Photos of shoppers at Bangsa

Social Affairs July 6, 2018

With South Korean leader Moon Jae-in entering the second year of his presidency, he has traveled overseas 11 times since he took office, via a “borrowed” Boeing 747-400.Also called Code One -- the official name of the Republic of Korea Air Force aircraft carrying the president -- the 19-year-old model’s lease contract expires in March 2020.  Code One, a Boeing 747-400 plane for South Korean President Moon Jae-in. (Korean Air)The country’s top two air carriers Korean Air and Asiana Airlines are h

Industry July 5, 2018

KUWAIT CITY -- Kuwait International Airport held a building completion ceremony to celebrate the opening of its new terminal on Wednesday, taking a step closer to become an aviation hub in the Middle East.And behind the grand opening, Incheon International Airport Corporation was there to pass on its expertise and knowhow.  Incheon International Airport Corporation CEO Chung Il-young (left) is greeted by Kuwait Airways CEO Yousef Al-Jasem (right) during the event to celebrate the building comple

Industry July 5, 2018

South Korea’s leading auto components maker Samsung SDI pledged to use the ongoing technological progress in the industrial world to add fuel to its battery business, officials said Sunday. Samsung SDI CEO Jun Young-hyun (left) poses with Kim Dong-chun, head of Sung Shiim Won, a child care center in Yongin, for an opening of Dream Academy. (Samsung SDI)“The advent of the ‘fourth industrial revolution’ is an opportunity for bigger growth. The importance of battery will only grow, since the hyper-

Industry July 1, 2018

Office worker Kim Dong-bin has recently picked up the hobby of cooking, and his secret recipe is ready-to-cook meal kits. “Meal kits made my cooking a lot easier, with fewer responsibilities,” said Kim. After work, he used to run to get groceries, prepare the ingredients, cook and do the dishes. “For me, cooking was a time-consuming process even before sitting down to eat. But now, I cook restaurant-quality food at 30 percent less price in just about 20 minutes,” said Kim, adding that the kits h

Industry July 1, 2018

Lotte Duty Free said Sunday it has opened a new airport duty free store in Vietnam‘s southeastern city of Nha Trang, its second airport outlet in the Southeast Asian state and seventh among its total overseas locations. Lotte Duty Free‘s second airport outlet in Vietnam’s Cam Ranh International Airport’s new terminal in Nha Trang. (Lotte Duty Free)The company has secured exclusive rights to run the store until 2028 over the 1,680 square-meter area at Cam Ranh International Airport’s new terminal

Industry July 1, 2018

Sullen and quiet, Korean Air and Hanjin Group Chairman Cho Yang-ho on Thursday stood on what has now become a familiar spot for his family: a marker on the ground in front of the prosecution’s office before dozens of flashing cameras.  Korean Group Chairman Cho Yang-ho appears at the prosecution on Thursday. (Yonhap)“I’m sorry. I will tell everything to the prosecution,” the 69-year-old chairman told swarms of reporters in front of the Seoul Southern District Prosecutors’ Office. He was the four

Industry June 28, 2018

[South Korea’s leading engineering and construction firm Posco Engineering & Construction has opened the second round of sales for a premium residential estate in Clark, the Philippines, after a successful first round last year. The planned The Sharp Clark Hills. (Posco E&C)The Sharp Clark Hills offers the benefits of a natural environment and heightened security. South Koreans recognize Clark as a vacation spot that is relatively close to Korea, where they go to enjoy golf and other leisure spo

Industry June 27, 2018

Bodyfriend, a health and wellness technology company known for premium massage chairs, was hit with criticisms on Wednesday after allegations surfaced that the company forced its employees to sign unfair contract.  A model poses with Bodyfriend product. (Bodyfriend)According to some employees, the contract in question contained details such as an agreement by an employee to participate in the company’s wellness program conducted under its medical R&D center. Although the details of the program w

Industry June 27, 2018

BRAND NEW XC40 -- South Korean actor Jung Hae-in poses with Volvo’s new SUV XC40 at a launch event in Seoul. Yonhap

Industry June 26, 2018