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[News Focus] Manufacturers’ production capacity slides to mid-2016 levels: index

SEJONG -- The manufacturing industry has come to a standstill in output and productivity that could further weaken the nation’s already lackluster economic growth, which has suffered as a result of s...

May 21, 2019
Economy
Global startup community leaders take Daejeon by storm

DAEJEON -- All eyes are on Daejeon, South Korea’s fifth-largest metropolitan city, as it moves to put together leaders of the global startup community through Exit Daejeon 2019. The three-day confer...

May 21, 2019
Technology
SK Group comes up with way to measure firm’s social contribution

S. Korean conglomerate said its three key conglomerates created W12.3tr ($10.3 billion) worth of social contribution last year

May 21, 2019
Industry
Korean startups get support from state-led incubation program

The South Korean government has been running the Accelerator Investment-Driven Tech Incubator Program for Startups, or TIPS, with public and private sector partners, to discover and nurture promising...

May 21, 2019
Industry
Amorepacific prioritizes women’s health for CSR

As a beauty giant built mainly on the needs and wants of women, Amorepacific’s corporate social responsibility project “20 by 20” aims at empowering 200,000 women by the year 2020, the company explai...

May 21, 2019
Industry
Unity, Samsung collaborate for mobile gaming on Galaxy smartphones

Game developing engine house Unity Technologies announced a developer-focused growth direction and collaborative project with Samsung Electronics’ latest Galaxy mobile devices at the “Unite Seoul 201...

May 21, 2019
Industry
Number of insect companies on rise in S. Korea

The number of South Korean companies raising or processing insects for foodstuffs, pets and other purposes grew threefold in 2018 from three years earlier, data showed Tuesday. According to the data...

May 21, 2019
Industry
MBK Partners-Woori Bank consortium selected as new preferred buyer of Lotte Card

Lotte Holdings said Tuesday that it has selected a consortium of MBK Partners and Woori Bank as the new preferred buyer of Lotte Card, amid legal irregularities surrounding former negotiations partne...

May 21, 2019
Finance
Costco Korea to make switch to Hyundai Card this week

Costco Wholesale Korea, the South Korean unit of the US wholesale giant, will officially switch to Hyundai Card as its credit card partner from Friday in line with contract stipulations, the credit c...

May 21, 2019
Finance
[Newsmaker] Tada takes center stage in carpooling service dispute

Concerns rise over ‘mutual destruction’ between taxi industry and ride-hailing services

May 20, 2019
Technology
Game industry holds breath for this week’s WHO decision on gaming disorder

The South Korean gaming industry is waiting on tiptoes for the impending final decision of the World Health Organization on whether to classify video game addiction as a disease. The World Health As...

May 20, 2019
Industry
Supporting promising startups from birth to exit

Korea Institute of Startup and Entrepreneurship Development, SMEs Ministry design full support programs, subsidies for nation’s fledgling innovators

May 20, 2019
Industry
S. Korea ups guard against US-China trade tensions

Fiscal chief hints at market stabilizing measures, if necessary

May 20, 2019
Economy
[News Focus] In efforts to curb apartment prices, rate hikes seemingly pushed aside

SEJONG -- The Moon Jae-in government has repeatedly expressed its commitment to lower housing prices in Seoul, amid an extraordinary situation in which many apartments surged in price more than 50 pe...

May 20, 2019
Economy
[EXIT DAEJEON 2019] Chaebol to play key role in hardware renaissance: HAX founder

Cyril Ebersweiler, the founder and managing director of hardware accelerator HAX, is out to create a startup-driven hardware renaissance. And in his view, Korea has much potential. “We’ve been quite...

May 20, 2019
Technology

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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