Most Popular
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Hybe's multilabel system tested amid conflict with Ador
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SNU profs to suspend treatment for one day
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SK hynix pledges W20tr to ramp up DRAM production at home
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Over-50s, men, single-person households take up majority of those filing for bankruptcy
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Ministry denies blame for Jamboree debacle
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Pianist Cho Seong-Jin named Berlin Philharmonic's artist-in-residence
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Aging population to drive down Korea's housing prices from 2040: experts
South Korea's housing prices are expected to see a long-term decline starting in 2040, hit by the nation’s falling birth rate and quickly aging society, according to experts who joined a Seoul seminar hosted by construction project management firm Hanmi Global on Tuesday. "In 2025, South Korea will become a superaging society with an over-65 population surpassing 10 million, which will account for more than 20 percent of the country's total population. Due to the aging popul
IndustryApril 23, 2024
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[Herald Interview] Bridging Korea, Philippines for better future
Building bilateral ties between Korea and the Philippines could be a means to boosting the livelihoods of the people of each country for Luis Chavit Singson, chairman of the Philippines’ LCS Group of Companies, and boxing legend Manny Pacquiao. Singson and Pacquiao, longtime friends and investment partners, visited Seoul this week in a search for new business opportunities, along with Secretary of Agrarian Reform Conrado Estrella. Over the years, the two have been highly interested in coop
IndustryApril 23, 2024
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Polish delegation visits Seoul to push ahead with arms deal
South Korea and Poland have come to the table to seek progress in their arms deal, with Korea grappling with funding challenges for a follow-up agreement with Poland. On Monday, Pawel Bejda, Poland’s deputy defense minister, met with Seok Jong-gun, the head of South Korea’s Defense Acquisition Program Administration, marking the first high-level visit from the Polish government since the administration change there in December 2022. The Polish government's visit to South Korea c
IndustryApril 23, 2024
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SK CEOs vow to bolster corporate value-up drive
The chief executive officers of SK Group affiliates have agreed to ramp up efforts to bolster the conglomerate’s corporate value by swiftly carrying out rebalancing work to inspect and optimize businesses amid prolonged global management uncertainty. SK Group said Tuesday the latest decision came as top management agreed to bolster the corporate value-up drive at the April SK Supex Pursuit Council meeting held under the chairmanship of Chey Jae-won earlier in the day. Established in 2013,
IndustryApril 23, 2024
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Online platform set up for easier access to old maps of East Asia
A one-stop online platform has been launched to streamline access to thousands of old and modern maps depicting East Asia, according to a South Korean history foundation Tuesday. The East Asian Old Map Collection, a website launched by the state-run Northeast Asian History Foundation, brings together a total of 2,212 maps facilitating easier access to thousands of old maps scattered among different institutions. The maps date as far back as 1592 and users can see how various maps published later
Social AffairsApril 23, 2024
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[Today’s K-pop] Ateez confirms US tour details
Ateez announced plans for its North American tour Tuesday via agency KQ Entertainment. The band will resume the American leg of tour “Towards the Light: Will to Power” that began with a concert in Seoul in January, starting with a live show in Tacoma, US on July 14. It will then visit nine cities in the US and Canada, including: Los Angeles, Washington DC, New York and Toronto. The eight-member act hinted at visiting the region, telling the audience that it will be back in the US thi
K-popApril 23, 2024
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Seoul's top diplomat to meet secretary of Chinese province bordering NK
South Korea's top diplomat is set to meet with Hao Peng, the party secretary of Liaoning province in China, which shares a border with North Korea, on Wednesday, the Foreign Ministry announced Tuesday. South Korean Foreign Minister Cho Tae-yul and Hao will "discuss ways to enhance substantive cooperation" between South Korea and Liaoning province, as well as other topics of mutual interest on the occasion of luncheon, Foreign Ministry spokesperson Lim Soo-suk said during a televis
Foreign AffairsApril 23, 2024
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Uzbekistan to hold Tashkent Investment Forum
Uzbekistan is set to host the third edition of the Tashkent International Investment Forum May 2-3. According to the Uzbekistan Embassy in Seoul, the first edition of the forum in 2022 concluded with contracts and investment agreements worth $7.8 billion, while the second edition signed 164 documents worth $11 billion. “In 2024, (for) the forum (it) is expected that Tashkent will host an even larger number of guests: investors, officials and analysts from all continents of the planet,&rdqu
Diplomatic CircuitApril 23, 2024
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Another endangered Siberian tiger dies at Seoul Zoo
A male Siberian tiger named Taebaek died at a zoo in Gwacheon, Gyeonggi Province, officials said Tuesday. According to Seoul Grand Park, the 6-year-old tiger was pronounced dead Friday at its zoo due to critical health conditions suspected to be related to liver disease. Zoo officials said they plan to conduct an autopsy to determine the precise cause of death. Born in May 2018 alongside siblings Baekdu, Halla and Geumgang, Taebaek appeared to be in good health until recently, when a significa
Social AffairsApril 23, 2024
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
The question of whether leggings are suitable for everyday public wear has been a globally debated issue, transcending national borders. Since the "athleisure" trend took off around 2016, merging athletic wear with everyday fashion, particularly gaining traction among young Koreans, the appropriateness of wearing leggings outside the gym has been a recurring topic of debate in various online forums here. On one side are those who perceive leggings as a provocative garment that clashe
Hashtag KoreaApril 23, 2024
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K-water, Kyrgyzstan forge renewable energy, climate ties
Korea Water Resources Corp. is intensifying its international outreach to jointly tackle the climate crisis and bolster the export of water management technologies. In line with this initiative, the state-run water management agency announced on Tuesday that it has entered into multiple agreements with Kyrgyzstan to foster cooperation in the water sector and climate crisis response. Kyrgyzstan, a pivotal partner country for Korea, has previously concentrated its efforts in the environmental and
IndustryApril 23, 2024
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North Korea holds drills simulating nuclear counterattack against enemy
North Korea said Tuesday that its leader Kim Jong-un has overseen the country’s first nuclear drills against a potential attack by an enemy. The Workers’ Party of Korea-owned daily Rodong Sinmun said the live-fire drills involving “new” and “super large” rocket launchers were held a day prior on Monday under Kim’s guidance. According to the report, Monday’s drills are the first demonstration of North Korea‘s central nuclear weapons management
North KoreaApril 23, 2024
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Seoul shares fall on foreign selling despite overnight US gains
South Korean stocks finished slightly lower Tuesday as foreign investors took profit despite overnight gains on Wall Street. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index fell 6.42 points, or 0.24 percent, to 2,623.02. Trade volume was moderate at 316 million shares worth 9.43 trillion won ($6.84 billion). Winners, however, outpaced losers 671 to 403. Foreign investors sold a net 288.8 billion won, while institutions and individuals combined bought a
MarketApril 23, 2024
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CICI announces Korea image contests
The Corea Image Communication Institute is holding two contests to foster cultural exchange as part of the Cultural Communication Forum 2024 which convenes in June. The “New Korea Idea” contest takes ideas that offer a different perspective on Korea that could be used to represent Korea. The other contest, “AI Korea Image,” challenges contestants to create images that introduce Korean cultural contents such as food, film, music and tourism using an AI image program. Submi
Arts & DesignApril 23, 2024
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CJ's processed rice sales soar in North America
With the rising number of Korean restaurants abroad and the global appeal of Korean food, CJ CheilJedang's processed rice product is experiencing a surge in popularity across North America. CJ CheilJedang announced on Tuesday that sales of Bibigo Cooked Sticky White Rice amounted to 160 billion won ($116 million) last year in North America, marking a 21 percent increase from the previous year, and doubling the figures for 2021. Processed rice stands as one of CJ CheilJedang's seven key
IndustryApril 23, 2024
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
K-pop giant Hybe has initiated an audit of its subsidiary Ador, home to NewJeans, claiming that Ador CEO Min Hee-jin attempted a takeover of the sublabel. This is the first time that Hybe, the parent company for multiple smaller K-pop labels, has taken such a move against a subsidiary. Min, who is also the producer of popular K-pop girl group NewJeans, has denied the allegation, arguing that Hybe took action against her after she pointed out that the entertainment monolith's new K-pop girl
K-popApril 23, 2024
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Virtual K-pop idol group Plave to go global this year
Plave, the virtual K-pop boy group launched by Vlast, aims to expand its reach overseas this year. “Our goal for Plave this year is to go global. We are currently in negotiations with an agency abroad for the group’s launch in foreign music markets. We are close to inking the deal,” said Lee Sung-gu, CEO of Vlast, during a press conference in Seoul on Monday. Vlast is a virtual intellectual property startup that created and manages Plave. “We are creating a whole new genr
K-popApril 23, 2024
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Korean, Romanian leaders discuss defense tech, nuclear energy
The leaders of South Korea and Romania agreed to seek bilateral cooperation in diverse fields, particularly with the defense industry and nuclear energy in focus, during a summit held in Seoul on Tuesday. "I hope (Iohannis's visit to Korea) this year could help our discussion related to military equipment and nuclear energy bear fruit," President Yoon Suk Yeol said in the welcoming remarks of the summit. "Today, we can take our bilateral strategic partnership to the next leve
PoliticsApril 23, 2024
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Samsung starts production of 290-layer V-NAND chips
Samsung Electronics, the world’s largest memory chip maker, said Tuesday it kicked off the mass production of its one-terabit triple-level cell vertical NAND, or V-NAND, which is about 50 percent denser and 10 percent more energy efficient than its predecessor that launched in 2022. “We are excited to deliver the industry’s first 9th-gen V-NAND which will take future applications leaps forward. To address the evolving needs for NAND flash solutions, Samsung has pushed the bou
TechnologyApril 23, 2024
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LG CNS wins Google Cloud partner awards for second year
South Korean IT solutions provider LG CNS said Tuesday it has been named as the services partner of the year for the second consecutive year at the 2024 Google Cloud Partner Awards. The annual awards recognize the standout performance of both global and regional companies across 14 categories, including services, sales, technology and industry solutions. The service partner award is given to a company that provides differentiated services and supports the success of the customer's busines
IndustryApril 23, 2024