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Dong-A ST’s diabetes drug Valera to launch in India

South Korean pharmaceutical company Dong-A ST’s diabetes treatment Suganon will launch in India on April 1. The drug will sell under a localized new name, Valera, which in Latin means “strong.” A ch...

Mar 18, 2019
Industry
Can Korea clinch title as ‘world’s first’ 5G-powered country?

Industry watchers say while Korea can’t make original deadline, it could beat Verizon’s US launch

Mar 18, 2019
Industry
Biosimilar Samfenet wins patent invalidation against Herceptin in Korea

Samsung Bioepis’ breast cancer treatment biosimilar Samfenet, known as Ontruzant outside of Korea, won a patent invalidation suit against the original Roche drug Herceptin (trastuzumab), according to...

Mar 18, 2019
Industry
LG partners with Gwangju City to foster air-purifying ecosystem

LG Electronics has partnered with Gwangju City to foster an industrial ecosystem focused on air quality, amid growing concerns over air pollution in South Korea, according to the government. Fosteri...

Mar 18, 2019
Industry
Strong sales continue for Kumho Tire’s premium Majesty 9

Kumho Tire’s premium tire the Majesty 9 continues to turn in a strong sales performance, reflecting the market’s positive response to its high quality and upgraded features, the company said Monday. ...

Mar 18, 2019
Industry
Posco Daewoo rebranded as Posco International

Posco Daewoo has decided to rebrand itself as Posco International during a general shareholders meeting, according to the trading arm of South Korea’s largest steelmaker Monday. The firm said the ch...

Mar 18, 2019
Industry
[Sky’s the Limit] Booyoung’s real estate dilemma on acquiring Samsung assets

The Korea Herald is publishing a series of articles and videos about some of the most expensive and fascinating landmark office buildings in Seoul. -- Ed. Defining the symbolic cityscape of Seoul is...

Mar 17, 2019
Industry
Sonata preorders surpass 10,000 mark in 5 days

The number of preorders for Hyundai Motor’s all-new Sonata has surpassed the 10,000 mark in five days across the country since the carmaker start receiving orders on March 11, the company said Sunday...

Mar 17, 2019
Industry
South Korean conglomerates’ cash reserves hit record high

South Korea’s largest 10 conglomerates held record-high cash reserves last year, as they earned more on thriving chip businesses but spent less on fears of a sluggish economic outlook. According to ...

Mar 17, 2019
Industry
[Feature] Korea’s peeping Tom dilemma: Are censors getting too much power?

Controversy erupts over government's method of blocking ‘illegal’ websites

Mar 17, 2019
Industry
Korean firms face backlash from foreign investors over financial statements

Most of the big Korean companies are facing disapproval from foreign pension funds over their financial statements ahead of their imminent shareholders meetings in March, as they have not been audite...

Mar 17, 2019
Industry
USTR requests consultations with S. Korea on competition issues

The US trade authority said Saturday that it has made a request to the South Korean government to have consultations under the bilateral free trade deal on resolving competition-related issues. "The...

Mar 16, 2019
Industry
LG Uplus seeks gov't approval for cable TV acquisition

LG Uplus Corp. on Friday sought approval from the government to purchase a majority stake in leading cable TV operator CJ Hello, officials said. The Ministry of Science and ICT will review whether S...

Mar 15, 2019
Industry
Coupang appoints ex-Walmart official Jay Jorgensen as new CCO

South Korean e-commerce company Coupang said Friday that it has tapped a former vice president at Walmart as its new chief compliance officer and general counsel. Based on his legal expertise, Jay J...

Mar 15, 2019
Industry
South Korea bans B737 Max 8 in its airspace for 3 months

South Korea’s government said Friday that all Boeing 737 Max 8 aircrafts will be banned from passing the country’s airspace for safety issues until June 15, in the wake of a recent plane crash in Eth...

Mar 15, 2019
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114