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Lotte, Shinsegae among top 10 retailers in Asia

South Korean retail conglomerates Lotte Group and Shinsegae Group ranked among the top 10 retailers in Asia, a list dominated by e-commerce companies, market data showed Thursday. According to marke...

Aug 1, 2019
Industry
13% fewer passengers fly to Japan in July

The number of passengers flying from South Korea to Japan significantly decreased this month amid ongoing trade tensions between the two countries, data showed Wednesday. The Transport Ministry data...

Jul 31, 2019
Industry
Samsung BioLogics confirms 3rd consecutive deal with Belgium’s UCB

Korean biopharma firm continues to ramp up global CMO portfolio

Jul 31, 2019
Industry
US anti-dumping duties add to pressure on Korean steel firms

South Korean midsized steel companies may face setbacks in the wake of the US move to raise anti-dumping duties on imported oil pipelines, amid global trade uncertainties and price surges in raw mate...

Jul 31, 2019
Industry
Samsung Electronics Q2 net halves on weak chip prices, mobile slump

Samsung Electronics Co. said Wednesday its net profit tumbled 53.1 percent in the second quarter from a year earlier due to weak memory chip prices and a slump in the mobile business. The net profit...

Jul 31, 2019
Industry
Home appliances boost LG’s record Q2 revenue

Record sales from household appliances offset flagging smartphone business for LG

Jul 30, 2019
Industry
South Korea ramps up efforts to protect industries from Japan's export curbs

With just a couple of days remaining for Japan’s decision on removing South Korea from its whitelist of trusted trade partners, the Seoul government and businesses are ratcheting up efforts to protec...

Jul 30, 2019
Industry
S. Korean airlines reduce flights to Japan amid trade row

South Korean airlines have suspended services or plan to reduce the number of flights on some Japanese routes as outbound travel demand falls amid escalating trade tensions with the neighboring count...

Jul 30, 2019
Industry
[Advertorial] LS Cable & System replaces PVC cables with eco-friendly alternative

LS Cable & System announced Tuesday the launch of a series of safety-enhanced “green cables” that are eco-friendly and less vulnerable to fires. The newly developed HFIX+ cables replace existing pol...

Jul 30, 2019
Industry
Nongshim to sell ‘Non-frying Shin Ramyun’ in US

South Korean food company Nongshim said Tuesday it will be releasing its Non-frying Shin Ramyun product in the United States. It is currently in the process of sending out 50,000 boxes of the ramen ...

Jul 30, 2019
Industry
Korean Air to suspend Busan-Sapporo route amid trade tension

Korean Air, South Korea’s top carrier, said Monday it will suspend its Busan-Sapporo route from September as travel demand to Japan declines amid escalating trade tension between the two nations. Th...

Jul 29, 2019
Industry
Korean pharmacists boycott Japanese OTC medicines

Regional moves to snub Japan yet to reach Seoul

Jul 29, 2019
Industry
South Korea beset by escalating trade tensions

Korean agricultural sector may be hit by US moves to press WTO

Jul 29, 2019
Industry
Daewoo E&C starts sales of deluxe apartments

Daewoo Engineering & Construction said Monday it will start sales of its new premium apartments located in Gwacheon, Gyeonggi Province. Gwacheon Prugio Summit is a complex of 32 apartment blocks wit...

Jul 29, 2019
Industry
[Herald Interview] Embraer offers Korean budget airlines more profitability with smaller planes

Amid the expanding market size of budget airlines following the South Korean government’s approval of three additional low-cost carriers earlier this year, they have become the most-preferred travel ...

Jul 29, 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