Most Popular
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Hyundai Motor eyes 80,000 jobs, W68tr investment at home by 2026
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Doctors' group picks new leader amid tense standoff over increased enrollment quota
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Seoul bus drivers go on general strike, cause morning rush hour delays
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Official campaigning kicks off for April 10 elections
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Dialogue hopes fade as doctors pick hard-liner as new head
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Coupang pledges W3tr to expand Rocket Delivery nationwide by 2027
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[Election Battlefield] Political novice to face off star politician in ‘swing district’
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[Kim Seong-kon] The April 2024 election will decide our future
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Korea enters full election mode
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Seoul’s bus union prepares for strike
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Volkswagen Korea chief apologizes, vows recall
The South Korean unit of German carmaker Volkswagen apologized Thursday for an emission-rigging scandal and vowed to take “all necessary measures” including a voluntary recall of the vehicles in question.The scandal erupted after it was revealed last month that Volkswagen Korea had sold some 120,000 vehicles with a device to cheat the pollution tests. To date, over 11 million cars worldwide are believed to have been installed with hidden software that can switch on pollution controls when it det
Oct. 8, 2015
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[Photo News] Graff showcases flagship jewelry
GRAFF SHOWCASES FLAGSHIP JEWELRY — A model showcases Graff Diamonds’ Carissa Collection in a special exhibit at The Shilla Seoul on Thursday. The U.K.-based multinational jewelry-maker is displaying a number of its flagship jewelry collections at the Graff store inside the hotel until Oct. 17. (Graff Diamonds)
Oct. 8, 2015
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Disgraced Lotte heir reignites family feud
Former Lotte Holdings vice chairman Shin Dong-joo on Thursday sued his younger brother and Lotte Group chairman Shin Dong-bin to take claim of what he “was destined to have” -- control of the retail giant. In an impromptu press conference, the eldest son of Lotte founder and honorary chairman Shin Kyuk-ho claimed that his expulsion from managerial roles of Lotte affiliates in both Korea and Japan was made through illegitimate processes, and that he would seek reinstatement as well as compensati
Oct. 8, 2015
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Fashion world in love with collaboration
Even established, conglomerate-backed fashion labels need a breath of fresh air, and more and more fashion companies are partnering with foreign figures to revamp their lineups and draw public attention for higher sales. Invite celebrities, star stylists American hip-hop artist Kanye West proved that he was more than just a musician when his footwear collaboration with Adidas became a mega success in faraway Seoul. Fashion and hip-hop enthusiasts queued in front of Adidas stores a couple of day
Oct. 8, 2015
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Panda Korea zeroes in on China with showbiz glam
With China’s e-commerce market estimated at around 104.6 billion yuan ($16.5 billion), companies in different sectors around the world have been flocking to what they see as a gold mine. Amid the craze, the performance Panda Korea, a South Korean e-commerce operator, has shown so far is impressive. “Panda” means “sell” in Korean, alongside being the name of China’s symbolic animal.Panda Korea founder and CEO Lee Jong-sik poses for The Korea Herald at the company’s headquarters in southern Seou
Oct. 8, 2015
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KCCI chief plays down delay in joining TPP
KCCI chairman Park Yong-maan.The head of Korea’s largest business association called for calm and objectivity amid heavy criticism against the South Korean government for its lack of effort to participate in the recently-concluded Trans-Pacific Partnership. “Many have been criticizing that Korea has missed out on a huge market that takes up 40 percent of the global economy by not partaking in the TPP. I ask everyone to calm down and take on a more objective viewpoint,” said Park Yong-maan,
Oct. 8, 2015
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Tous Les Jours introduces butternut squash breads
Tous Les Jours, the bakery chain run by CJ Foodville, has launched a new line of breads made with butternut squash, known to be rich in nutrition and low in calories. The breadmaker has launched five types of breads, and one cake made with butternut squash, which is harvested from a farm operated by five-star hotel chef Choi Jong-sup. “The chain has been launching various seasonal products using only the highest-quality ingredients. Customers will also love our new butternut squash breads made w
Oct. 8, 2015
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Philips introduces SoftPal Pooh LED lamp
Netherlands-based Philips, a global leading company in health and well-being sectors, has introduced a new LED night light made in the shape of Disney’s flagship character Winnie the Pooh. The Pooh SoftPal portable light friend is designed to help soothe children who are afraid of the dark. Made with soft silicon and rounded, the lamp is highly durable and safe to handle, according to the company. The lamp is priced around 40,000 won ($35) and can be purchased through Korea’s major retailers. P
Oct. 8, 2015
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Primera launches limited edition of Watery Cream
Primera, a skin care cosmetics brand under South Korean beauty giant Amore Pacific, has launched a limited edition of its flagship Watery Cream Alpine Berry. The cream’s case has been designed to feature an eco-friendly illustration as part of its efforts to support the protection of the earth’s wetlands. The company will donate part of the cream’s sales profits to The Biodiversity Foundation in Korea. Primera’s Watery Cream Alpine Berry is a moisturizing cream made with alpine berry and papaya
Oct. 8, 2015
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LG’s cosmetics unit collaborates with Moomin
LG Household & Health Care, the cosmetics, drinks and consumer goods-maker under LG Group, is celebrating the 70th anniversary of Moomin by launching a special collaborative makeup collection featuring the Finnish character. Cathy Cat Colorist, the company’s makeup brand, has designed its flagship makeup products, including its foundation, lip products, mascara and eye shadow, to showcase Moomin. In celebration of the Cathy Cat Code x Moomin edition, the cosmetics company is giving out Moomin b
Oct. 8, 2015
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Hanyul launches Geuk Jin Eye Cream
Hanyul, a cosmetics brand owned by AmorePacific, has newly launched the Geuk Jin Eye Cream made with its flagship fermented ginseng extract technology. The new eye cream helps tighten the skin around the eyes to achieve a more youthful look. The cream is designed to go along well with other products from Hanyul’s Geuk Jin lineup. “For those worried about eye wrinkles, the cream can help rejuvenate the skin around the eyes for thorough, concentrated treatment,” said Hanyul’s brand manager Yang
Oct. 8, 2015
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CJ O Shopping showcases winter fashion on runway
CJ O Shopping showcased some 100 new winter fashion items from 26 brands at the 2015 Fashion Real Way fashion show held in Seoul Tuesday. All of the showcased clothes, designed to be worn in everyday life, are scheduled go on sale through the firm’s home shopping channel this winter season. Among the participating brands were designers Yang Yun-ho and Park Mun-hee’s Yunho Munhee, Kye Han-hee’s KYE, Steve J and Yoni P’s Steve Yoni Studio. Lee Jung-sun’s Tiger in the Rain and New York-based Vera
Oct. 8, 2015
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Asiana rejects boarding of legendary jazz bassist
Asiana Airlines has rejected the boarding of jazz bassist and musician Richard Bona, who was travelling from New York to Korea to perform at the Jarasum International Jazz Festival this weekend. (Jarasum International Jazz Festival)“I’m sorry to all my fans in South Korea. Asiana refused to board me this morning and treated me so poorly like I was carrying a weapon,” he wrote on his Facebook on Thursday.The musician explained that Asiana refused to board him as he wanted to bring his bass guitar
Oct. 8, 2015
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New KT&G chief vows to strengthen transparency
New KT&G president Baek Bok-in speaks at his inauguration meeting in Daejeon on Wednesday. (KT&G)New KT&G president Baek Bok-in vowed to strengthen transparency and ethical management during his inauguration on Wednesday, urging the nation’s largest tobacco maker to snap out of the “wrong of the past and faulty precedents.” Baek, 50, said he will make “three Cs” -- clean, cooperative and creative -- as his top management agenda. Set for a three-year term, Baek, former KT&G’s vice president and
Oct. 7, 2015
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SK, SABIC complete new polyethylene plant
ULSAN -- SK Global Chemical, the petrochemicals manufacturing unit of Korea’s SK Group, and the state-run Saudi Basic Industries, SABIC, celebrated Wednesday the completion of their new polyethylene plant in Ulsan. The plant, which began operations in January 2014, is owned and run by SABIC SK Nexlene Co., a 50:50 joint venture established in July this year. Built exclusively with SK’s own technology, the plant produces around 230,000 tons of Nexlene -- high-performance polyethylene developed b
Oct. 7, 2015
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KHNP CEO to head global nuclear body
Korea Hydro & Nuclear Power president and CEO Cho Suk assumed charge Tuesday as the president of the World Association of Nuclear Operators in Toronto, Canada. Cho will lead the organization with the goal “to maximize the safety and reliability of nuclear power plants worldwide by working together to assess, benchmark and improve performance through mutual support, exchange of information and emulation of best practice” for the next two years. KHNP CEO Cho Suk speaks at the World Association of
Oct. 7, 2015
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Korea to establish ‘regulation-free’ zones
The government is taking its deregulatory mode to a new level by considering the establishment of “regulation-free” business zones to boost the economy. The National Economic Advisory Council, a consultative body for President Park Geun-hye, on Wednesday submitted the so-called “regulation free-zone” project with the President to revitalize regional economies. “We need to select two or three focus industries in each of the 17 administrative regions and set up regulation-free zones to proliferate
Oct. 7, 2015
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Hyundai Glovis signs Qatari shipping deal
Hyundai Glovis signed a contract of affreightment with the government-run firm Qatar Primary Materials Co. to ship 50 million tons of aggregates to Qatar for the next five years, company officials said Monday.The signing ceremony took place at the Hyundai Glovis headquarters in Seoul.The contract stipulates that starting from January 2016, Hyundai Glovis will ship 10 million tons of aggregates per year to the ports and logistics areas of QPMC in Qatar for the next five years, which will be used
Oct. 7, 2015
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No. of feature phone users dropping in Korea: data
The number of people who use feature phones has been decreasing fast in South Korea, government and industry data showed Wednesday, reflecting a consumer trend shift to smartphones. The number of feature phone owners stood at 10.8 million at the end of August, down nearly 15 percent from 12.7 million 10 months earlier, according to the data by mobile carriers and the Ministry of Science, ICT and Future Planning.Feature phones, also known as "dumb phones," refer to older cellphone models before s
Oct. 7, 2015
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Retailers offer bigger deals for Korean Black Friday
Retailers have marked down prices further for a government-led nationwide sales event dubbed Korean Black Friday after it faced ridicule for the lack of preparation.Lotte Department Store in Myeong-dong, central Seoul, is crowded with shoppers during the Korean Black Friday event on Monday. (Lotte Department Store)On Tuesday, the sixth day since the grand sale event launched, major department store chains said they will offer additional bargain deals on the trot only a day after the government
Oct. 6, 2015