Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Woman gets suspended term for injuring boyfriend with knife
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Med schools expect 1,500+ new admission slots next year
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Samsung chief bolsters ties with Germany’s Zeiss
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KT launches new mobile plans for foreign residents
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Samsung SDI sees Q3 net grow more than 10-fold
Samsung SDI Co., the world’s top maker of plasma display panels and renewable batteries, said Tuesday its net profit jumped more than 10-fold in the third quarter from a year earlier thanks to solid battery sales and a one-off profit.Net profit came to 1.2 trillion won ($1.1 billion) in the July-September period, compared with a profit of 100 billion won the previous year, the company said in a regulatory filing.Sales increased 3.8 percent on-year to 1.5 trillion won in the cited period, while o
MobilityOct. 30, 2012
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Shares edge up on foreign, institutional buying
South Korean stocks closed 0.43 percent higher Tuesday, driven by foreign and institutional buying amid widening political uncertainties over the U.S. presidential race, analysts said. The local currency rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index advanced 8.06 points to finish at 1,899.58. Trading volume as light at 317.6 million shares worth 3.20 trillion won ($2.92 billion) with gainers outstripping losers 485 to 313. “Political uncertainties over how the U.S.
Oct. 30, 2012
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Korea, China resume free trade negotiations
Korea and China began their fourth round of negotiations on a free trade agreement on Tuesday amid growing attention to whether the two sides will be able to draw up negotiation guidelines for each industry sector.During the three-day meeting that runs through Thursday in Gyeongju, North Gyeongsang Province, the two countries will discuss various issues including the classification of so-called “sensitive products,” Seoul’s Trade Ministry said.During the previous round of FTA talks, the two side
Oct. 30, 2012
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Neowiz unveils new online multiplayer game ‘Bless’
Neowiz Games, one of the country’s top game firms, introduced its new online game called “BLESS” at an event in southern Seoul on Tuesday, stating that the game will be available for play at the upcoming game show G-Star 2012 next week.Produced by a team of 150 game experts who developed “Lineage 2,” “Aion” and “TERA,” “BLESS” is the company’s first independently developed online game in the genre of massive multiplayer online role-playing game.The game features a fantasy based on the medieval t
IndustryOct. 30, 2012
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SK to revamp management system
SK Group will revamp its decision-making process in a bid to induce voluntary participation and the growth of subsidiaries, company officials said.The plan was unveiled by group chairman Chey Tae-won, who said during the 2012 CEO seminar that the currently “vertical” decision-making process would be shifted to a “horizontal” one.“We attained a surplus of all affiliates in 2005 and leaped again in 2007 by changing the group into a holding firm,” Chey told some 30 CEOs from each business unit.He s
IndustryOct. 30, 2012
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Hyundai-Kia dominates midsize, large car markets
The Market dominance of Hyundai and Kia among locally made vehicles is stronger than ever, especially when it comes to midsize and large cars. Their combined market share has reached nearly 90 percent in those sectors, the companies said Tuesday. In September, Hyundai and Kia vehicles made up 89.2 percent of midsize and large cars sold by five Korea-based carmakers, which also include Renault Samsung, GM Korea and Ssangyong. The figure was a 4 percentage point increase from 85.2 percent in Augus
IndustryOct. 30, 2012
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Restructuring may spread to more firms
Restructuring by POSCO and Hyundai Heavy, both of which are domestic market leaders in their respective industries, is raising alerts on the spillover effect to other big businesses. POSCO, the nation’s top steelmaker and eighth-largest business group by assets, confirmed on Tuesday that it has recently put its three retail companies on sale in a bid to clear off non-core businesses by the year-end. Retail businesses to be auctioned allegedly in the form of a package deal include Diamond Plaza,
Oct. 30, 2012
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Japanese electronics firms weather a crisis
Japanese electronics makers have continued to show lackluster performance since the global financial crisis. In 2011, Japan’s eight largest electronics makers recorded huge losses of 1.1 trillion yen ($13.8 billion), with global companies like Sony, Sharp and Panasonic restructuring their businesses. There are exceptions however. These include Hitachi, Toshiba and Mitsubishi Electric, the three general electronics firms. Hitachi’s current account surplus last year was 347 billion yen, up 45 perc
Oct. 30, 2012
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LG Group takes social responsibility a step further
Fighting for social causes is among the core responsibilities that every company is shouldered with. LG Group takes the job as seriously and applies unique ideas to do it the “LG way.”Along with the usual acts of charity, such as making monetary donations, sending employees abroad as volunteers and sending food aid, LG adds its own flavor: it uses its leading-edge technology to provide support in fields that had difficulty receiving help. “This is our way of saying thank you to our customers and
IndustryOct. 30, 2012
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Advertisements a platform for communication and sympathy
Now is an era of communication and sympathy. It has become important for different individuals and groups to communicate and sympathize with one another in every area of modern life including politics, economics and culture. To better communicate with each other, it is essential to place oneself in others’ shoes instead of relying on simple one-way communication. An advertisement is the strongest tool for a company to communicate with its clients. Consumers build a certain notion about a product
Oct. 30, 2012
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IBK: For everyone, not only business
We thank The Korea Herald and the judges for choosing IBK’s corporate PR commercial, “Everyone’s Bank.”IBK is working every day to support companies both large and small, while offering customer-friendly financial services to become a bank that everyone and anyone in Korea can do business with. We hope that based on such efforts, we can step even closer to our customers. We know that there are still those who mistake IBK as a bank for corporations because of our company name ― the Industrial Ban
Oct. 30, 2012
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SK supports sports that tell inspiring stories
First of all, I would like to thank the readers of The Korea Herald and its officials for placing our campaign in such high regard and giving us this award.It would not be an exaggeration to say that fringe sports categories were given a lot of attention during the Summer London Olympics, and that Korea did well in many of them.They include women’s handball, in which Korea continued to defeat many of the world’s strongest teams, fencing, in which the country brought home its best-ever results, a
IndustryOct. 30, 2012
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Harmony of ‘humanity and technology’
We all share the childhood experience of dreaming about the future through drawing all sorts of imaginary things and watching science fiction movies. But when we think of it now, we are already experiencing most of these things that seemed so distant, so futuristic back then. Now we can enjoy vivid video calls through small mobile phones, and make purchases without having to carry wallets. We are now living in world of dreams, where our children can go to school and take lessons taught by robots
Oct. 30, 2012
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KIS takes the lead in serving investors
Our target audience was overseas investors who were searching for investment opportunities in the Korean financial market. The fundamentals of the Korean economy received a boost with the recent upgrade in our sovereign rating, and interest from overseas investors has been buoyed. Faced with the changing tides in the world of finance and economy, we felt the time was right for a commercial that could properly introduce the strength and value of our company to investors seeking new opportunities
Oct. 30, 2012
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SK Broadband values clients
In this age of convergence, we have been making our utmost efforts to consolidate SK Broadband as the new leader of the global mobile service market, and provide happiness and infinite value to our client. Leading technological trends around the world, SK Broadband was the world’s first to succeed in commercializing a super-fast digital subscriber line called ADSL back in 1999. In 2006, it provided settled the nation’s first VOD based on IPTV services. With a new wired service brand “B,” we have
Oct. 30, 2012
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KDB prepares for a new century
We extend our deepest gratitude to the judges and The Korea Herald for giving Korea Development Bank the honor of receiving a prize at its advertisement awards, a true feast for creative ads.Amidst an ongoing global economic slowdown, KDB has received its best ever credit rating, the same as HSBC (“Aa3,” Moody’s), three levels higher than Citi and Bank of America, and two levels higher than Deutsche Bank. We have reached the top, beating rivals in Japan and China.Over the past century, KDB has p
Oct. 30, 2012
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Doosan cares about human resources
Four years have passed since Doosan launched a corporate PR campaign called “Our People, Our Tomorrow.”The ad campaign that stresses the importance of human resources is based on Doosan’s corporate philosophy.The central theme of the campaign is “Caring Meritocracy,” which means making efforts to improve performance by sympathetic relations between the company and its employees. That approach is in contrast with the general perception of a cold hearted focus on company performance.Through this a
Oct. 30, 2012
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Dongbu offers tailored financial planning
Dongbu Financial Network is a total brand which operates six subsidiaries ― Dongbu Insurance, Dongbu Life Insurance, Dongbu Securities, Dongbu Asset Management, Dongbu Capital and Dongbu Savings Bank.We are committed to constructing an overall image by making advertisements since 2003. We are in the stage of expanding the image we have gained from past efforts and combining it with Dongbu Group’s concept.Dongbu has been delivering the message of “individualized financial planning” for the past d
IndustryOct. 30, 2012
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Mobis backs future scientists
It’s a great honor that the “Nobel Project” of Hyundai Mobis has won the 2012 Korea Herald advertising award. The Nobel Project is aimed at introducing socially responsible activities that Hyundai Mobis as a leading company in car parts technology carries out. Last year, we conducted a campaign offering transparent umbrellas to children in order to protect them from car accidents on rainy days.By featuring our childhood memories of once dreaming to become scientists, we wanted to share a meaning
IndustryOct. 30, 2012
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LG DIOS puts priority on customer-first value
The V9100 home refrigerator has five doors and an internal storage capacity with 910 liters, the world’s largest of its kind.The refrigerator is armed with high technologies developed by LG Electronics. Also, its unique “Lady First System” made through advice from housewife customers well reflects LG’s value in prioritizing customersWe had difficulties choosing the message of our advertisement because the refrigerator has many high-tech functions. This is why we made a two-part commercial ad.In
Oct. 30, 2012