The Korea Herald

Most people’s job switches down to salary: study

Apr 7, 2011

(MCT) While people move from one company to another for many different reasons, a recent study showed that the biggest factor is salary. In a survey by Korea-based recruitment portal Saramin, about...
S. Korea regains status as top winner of new ship orders in Q1

Apr 7, 2011

South Korea recaptured its status as the world's leading shipbuilding nation in terms of new orders in the first quarter by beating China by a wide margin, industry data showed Thursday. According t...
Samsung puts Q1 operating profit at 2.9 tln won

IndustryApr 7, 2011

Samsung Electronics Co., the world's top maker of memory chips, liquid crystal display (LCD) panels and TVs, estimated Thursday it had posted an operating profit of 2.9 trillion won (US$2.67 billion)...
LG Chem plant boosts global leadership

IndustryApr 7, 2011

CEO says company will seek to supply electric-car batteries to Japanese firms OCHANG, North Chungcheong Province ― LG Chem, the nation’s largest chemical company, sees South Korea having a global ed...
Shinhan CEO targets Asian top 10

Apr 7, 2011

Shinhan CEO targets Asian top 10 By Kim Yon-se Shinhan Bank president & CEO Suh Jin-won pledged Wednesday to achieve the goal of making the lender one of the top 10 commercial banks in Asia and No....
Shinhan Bank CEO targets place in Asia’s top 10 lenders

Apr 7, 2011

Shinhan Bank president & CEO Suh Jin-won pledged Wednesday to achieve the goal of making the lender one of the top 10 commercial banks in Asia and No. 1 in Korea within four years. Suh, who took off...
Plan to lower telecom rates to be announced in May: KCC chief

IndustryApr 6, 2011

A plan to lower telecommunication-related rates will be announced in May that can help stem hikes in consumer prices, the head of the country's communications regulator said Wednesday. Choi See-joon...
Seoul to launch online oil market

Apr 6, 2011

Measure seeks price transparency; P.M. says will consider cutting tax The government on Wednesday said it will launch an online market for oil products and boost competition among suppliers in a pac...
Korea to invest 54.3b won in smart TV development

Apr 6, 2011

The government said Wednesday that it plans to inject 54.3 billion won ($49.8 million) this year to help local companies maintain their lead in the global smart TV market. The joint plan announced b...
LG, SkyLife tie up to conquer 3-D

IndustryApr 6, 2011

LG Electronics and KT SkyLife announced a tie-up involving 3-D content on Wednesday, declaring the two will commercialize the service by the first half of next year. LG Electronics, the world’s seco...
Samsung, LG dive into Chinese electronics market

IndustryApr 6, 2011

The country’s two major electronics manufacturers said Wednesday they will aggressively target the Chinese market this week by introducing this year’s new line-up of 3-D televisions and wireless gadg...
ADB sees strong growth for Asia

Apr 6, 2011

Asian economic growth will ease slightly to just under 8 percent for the next two years as the region continues a solid recovery, the Asian Development Bank said Wednesday, although rising food price...
Spain to share oceanography experience at Expo

IndustryApr 6, 2011

Spain, is to introduce its latest ambitious marine science project at the 2012 Expo in Yeosu, the country’s representatives said Wednesday. The European country will comprise the main exhibition in ...
[Herald interview] Yeosu Expo to highlight climate

IndustryApr 6, 2011

BIE chief says 2012 expo addresses timely issues, full of ideas The 2012 Expo in Yeosu will bring oceans and climate change to the center of international attention, Vicente Gonzalez Loscertales, se...
HHI wins wind power generator contract

IndustryApr 6, 2011

Hyundai Heavy Industries Co. announced Wednesday that it signed a contract to supply eight wind-power generators to a Finnish power company. According to Hyundai Heavy, this is the first time a Kore...