The Korea Herald

Netmarble, Marvel to introduce new game at PAX East

IndustryFeb 26, 2020

Netmarble said Wednesday it plans to introduce a new game title with Marvel at PAX East in the US. Due to the coronavirus scare in South Korea, only Netmarble’s US office employees will attend the g...
BMW introduces two new gasoline crossovers

TransportFeb 26, 2020

BMW Korea has introduced two new gasoline-powered crossovers with revamped features, the New X3 and the New X4. The Korean unit of the German automaker said Wednesday that the New X3 xDrive20i and t...
Baedal Minjok to financially support riders during coronavirus emergency

IndustryFeb 26, 2020

South Korea’s biggest food delivery service in terms of market share, Baedal Minjok, will provide financial support for its riders if they have to go into self-quarantine for COVID-19, the company an...
Hyundai Motor chief quits executive role at steel affiliate

TransportFeb 26, 2020

Hyundai Motor Group Executive Vice Chairman Chung Euisun has resigned as an inside executive director of the group’s steel affiliate, Hyundai Steel, the company said Wednesday. Chung aims to focus o...
Celltrion’s Remsima SC authorized to treat rheumatoid arthritis in Korea

IndustryFeb 26, 2020

Celltrion’s autoimmune disease treatment Remsima SC was approved to treat rheumatoid arthritis in South Korea, the company announced Wednesday. Remsima SC is a biobetter of Johnson & Johnson’s Remic...
Bidding for duty-free operation at Incheon Airport kicks off

IndustryFeb 26, 2020

Incheon International Airport Corp. began taking bids for existing airport duty-free operations on Wednesday, accepting proposals from 10 a.m. to 4 p.m., industry sources said Wednesday. Eight duty-...
United Airlines extends window for changing S. Korea-bound flights without fee

TransportFeb 26, 2020

WASHINGTON -- United Airlines on Tuesday extended its window for travelers wishing to change their South Korea-bound flights without paying a fee, as the number of coronavirus cases in the country co...
Revenues of Korean IoT firms surpass W10tr in 2019

IndustryFeb 26, 2020

South Korea-based internet-of-things firms posted revenue of over 10 trillion won in 2019, up 16.2 percent on-year, according to the ICT Ministry on Tuesday. This is the first time for IoT companies...
Nexon gives W2b to Korean Red Cross to help fight COVID-19

IndustryFeb 25, 2020

Nexon Korea said Tuesday it has donated 2 billion won ($1.6 million) to Korean Red Cross for crisis management amid ongoing COVID-19 spread. Its subsidiary Neople has also joined the effort. The do...
[Monitor] Coronavirus depresses consumer sentiment index

IndustryFeb 25, 2020

Consumer sentiment in South Korea has dropped noticeably since the outbreak of COVID-19, according to data released by the Bank of Korea on Tuesday. The index, however, was calculated before the rap...
Korean companies raise bar on coronavirus test kits

IndustryFeb 25, 2020

KogeneBiotech, Seegene and PCL produce real-time PCR test kits that can detect infections in six hours
Airlines extend flght suspensions, halt more amid virus fears

TransportFeb 25, 2020

South Korean airlines said Tuesday they will extend flight suspensions to China and halt more flights on international routes due to the growing impact of the fast-spreading coronavirus outbreak. Wi...
Coronavirus changes South Korean workplace landscape

IndustryFeb 25, 2020

Samsung, SK, LG, SK, KT, CJ, Kakao allow flexible working hours, remote work
PMK appoints former Google director as new chief

IndustryFeb 25, 2020

Phillip Morris Korea said Tuesday that it had appointed Paik Young-jay, formerly global director of Google Korea, as its new managing director. Paik, who has a doctorate in cultural anthropology fro...
Faced with shortage, Korea limits mask exports

IndustryFeb 25, 2020

The South Korean government has decided to restrict the export of face masks until April 30, amid concerns that supplies are running short as COVID-19 spreads nationwide. Manufacturers will be allow...