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The Korea Herald > Business > Industry

[Weekender] ‘Vloggers’ at forefront of one-man media

Today, in a world where anyone can easily upload a video of themselves doing anything and everything, video blogging has become the new mode of self-expression.“Vloggers” ― or video bloggers, who f...

Updated : 2015.05.29 19:17

Energy firms expand use of smart tech

In South Korea ― one of the strongest IT powerhouses in the world ― information communication technology is increasingly taking on a bigger role in drawing the local energy and resource sectors clos...

Updated : 2015.05.29 19:02

Nature Republic site priciest property in Korea

Budget cosmetic brand Nature Republic’s flagship store in Myeong-dong, central Seoul, was once again pegged as the priciest piece of real estate in the country, the Ministry of Land, Infrastructure a...

Updated : 2015.05.28 19:58

SK Innovation pledges reform

The CEO of SK Innovation, South Korea’s top oil refiner, on Thursday vowed to overcome difficulties facing the oil industry by overhauling its business structure. “Through reforming our business str...

Updated : 2015.05.28 19:56

Daewoo E&C shows promise in restoring Algerian river

Daewoo Engineering & Construction has been restoring the Oued El Harrach River in Algeria after winning the refurbishing project in June 2012.The river, running through Algeria’s capital Algier, had ...

Updated : 2015.05.28 19:52

Are Toyota, Mazda gearing up for merger?

TOKYO ― The “odd couple” of the Japanese auto industry ― Toyota and Mazda ― recently announced they were planning to forge even closer ties.At a press conference a few weeks ago, the heads of the...

Updated : 2015.05.28 19:50

Korean Air employees help make Mongolia greener

Some 170 Korean Air employees flocked to a Mongolian desert to plant trees as part of voluntary environmental conservation efforts, the South Korean carrier said Thursday.A total of 600 people, includ...

Updated : 2015.05.28 19:48

KT Wiz release struggling pitcher Andy Sisco

South Korean baseball club KT Wiz on Wednesday released their struggling pitcher Andy Sisco.The expansion team in the Korea Baseball Organization (KBO) said they are currently looking for Sisco's replacement, possibly a position player.The 32-year-old left-hander began the season in the ro...

Updated : 2015.05.27 21:14

Jeju, LG Group aim for ‘carbon-free’ island by 2030

Jejudo Island and LG Group have joined hands to make the province carbon-free by the year 2030. The two signed a memorandum of understanding on Tuesday to initiate the “Global Eco Platform Jeju” pro...

Updated : 2015.05.27 21:04

Kumho Asiana discusses investment with Vietnamese delegation

Kumho Asiana Group chairman Park Sam-koo and Ho Chi Minh City Party Committee secretary Le Thanh Hai met in Seoul on Wednesday to discuss ways to expand business investments and exchanges between the ...

Updated : 2015.05.27 21:04

Hyundai E&C makes progress in Latin America

Hyundai Engineering & Construction has been making strides in the Latin American market since setting up a branch in Bogota, Colombia, in 2010.A Hyundai E&C spokesperson said the company had decided to enter the Latin American market as construction in the Middle East became overly competi...

Updated : 2015.05.27 21:03

[Herald Interview] K-pop, Chinese tourist influx turn Swarovski’s eyes to Korea

The Korean pop culture wave spreading across the globe has even touched the jewelry industry, said Hermann Winkler, senior vice president of sales operations in North Asia at Swarovski. “When you put...

Updated : 2015.05.27 21:03

POSCO’s steel mill project gets Chinese approval

POSCO, the country’s leading steelmaker, was granted approval by the Chinese government to build a steel mill there with an annual capacity of 3 million tons, the company said Wednesday. Once the company gets the green light from the South Korean government, POSCO will build the facilitie...

Updated : 2015.05.27 21:00

Sales at discount outlets, department stores gain in April

Sales at South Korea's department store chains grew slightly from a year earlier last month, with those of major discount outlet chains also showing signs of improvement, the government said Wednesday.The combined sales of three major department store chains gained 1.3 percent from the sam...

Updated : 2015.05.27 14:43

Samsung to merge two major units

Cheil Industries and Samsung C&T ― two key affiliates of Samsung Group ― announced Tuesday they would merge in September, aiming to become a 60 trillion won ($59 billion) global enterprise by 2020. ...

Updated : 2015.05.26 21:03