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Coway achieves record sales of W3.2tr in 2020RetailFeb 18, 2021Coway achieved its highest annual sales of 3.2 trillion won in 2020, largely backed by the growth in overseas purchases, the Korean home appliances rental company said Thursday. Last year, Coway sai... -
Cadillac launches entry-level SUV XT4 in full-optionTransportFeb 18, 2021XT4 has also been equipped with new technologies to support driving, including the Rear Camera Mirror, the rearview mirror that shows both a standard reflected view, and a rear view taken by the came... -
Eastar Jet could fly again as soon as JuneTransportFeb 18, 2021Signs of hope for Eastar Jet as more buyers show up -
Baemin founder pledges to donate over half of his wealthRetailFeb 18, 2021South Korean CEO of food delivery giant joins likes of Bill Gates in philanthropic donations -
Celltrion to take on S. Africa variantIndustryFeb 18, 2021Celltrion’s COVID-19 antibody therapy to be globally supplied at 1/5 cost of US competitors -
S. Korea to increase number of eco-friendly cars to 7.85m by 2030IndustryFeb 18, 2021South Korea said Thursday the accumulated number of eco-friendly cars running in the country will reach 7.85 million by 2030, in line with its vision to go fully carbon-neutral by 2050. The target w... -
S. Korea's three major multiplexes post nearly 70% sales plunge in 2020IndustryFeb 18, 2021South Korea's three major multiplex chain operators have seen their respective 2020 sales plunge nearly 70 percent from a year earlier due to the fallout of the yearlong novel coronavirus pandemic, d... -
S. Korea's mobile game market surges 24% to W5tr in 2020: dataIndustryFeb 18, 2021The mobile game market in South Korea logged sharp growth of over 5 trillion won ($4.5 billion) last year amid the pandemic, data showed Thursday. Total mobile game transactions in the country were ... -
Samsung Heavy bags W459b order from OceaniaIndustryFeb 18, 2021Samsung Heavy Industries Co. said Thursday it has clinched a 459 billion-won ($415 million) deal to build four liquefied natural gas (LNG) fueled oil tankers. Under the deal with an Oceania company,... -
![[Graphic News] S. Korea’s exports of cosmetics up 16% in 2020](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/02/17/20210217000885_0.jpg)
[Graphic News] S. Korea’s exports of cosmetics up 16% in 2020BusinessFeb 18, 2021South Korea’s exports of cosmetics shot up 16 percent in 2020 from a year earlier, data showed, on the back of the growing demand from the United States and elsewhere in Asia. Outbound shipments o... -
Baemin CEO pledges to donate more than half of his assetsIndustryFeb 18, 2021The CEO of South Korea's top food delivery app operator, Woowa Brothers Corp., said Thursday that he will donate more than half of his wealth, estimated to be more than 1 trillion won ($905 million).... -
![[Photo News] Royal Salute Contemporary Art Digital Festival](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/02/17/20210217000770_0.jpg)
[Photo News] Royal Salute Contemporary Art Digital FestivalRetailFeb 17, 2021Alongside the artwork, a range of Royal Salute whiskys, including this year’s latest lineup and limited editions, are also on display -- including the 29-year-old Pedro Ximénez edition. Entry is fre... -
Export sector to get W167t trade finance boostIndustryFeb 17, 2021The South Korean government will roll out massive support programs for exporters this year, aiming to return the country’s export volume to pre-pandemic levels, the Ministry of Trade, Industry and En... -
Naver plans its largest yet bond issueTechnologyFeb 17, 2021Naver plans to raise as much as 700 billion won through bond sales to secure funds required to set up a new data center in South Korea and invest in foreign platform startups. The South Korean inter... -
Celltrion begins distribution of COVID-19 therapy in KoreaIndustryFeb 17, 2021Celltrion began nationwide distribution of its monoclonal antibody therapy for COVID-19 on Wednesday. Celltrion’s regdanvimab is Korea’s first emergency-approved COVID-19 treatment. All 156 state-d...
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