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Posco Daewoo boosts Korean SMEs in China

Posco Daewoo, a unit of the country‘s top steelmaker Posco, opened a store in Yiwu in China’s Zhejiang province to promote products made by some 60 Korean small and medium-sized enterprises, the co...

Updated : 2017.06.09 15:25

Korea plane makes emergency landing after smoke

Korean Air Lines Co.'s passenger jet made an emergency landing at an airport in southern Japan due to smoke in the cockpit, the company said Friday. There were no injuries or damage caused by the in...

Updated : 2017.06.09 14:26

Korean pharmaceutical companies to release important drugs this year

South Korean pharmaceutical companies are poised to release a series of important drugs in the second half of this year that could change the existing market, industry sources said Friday. Kolon Lif...

Updated : 2017.06.09 13:51

Korea decides to close aged nuclear power plant

South Korea's nuclear safety commission said Friday that it has decided to permanently stop operations of an aged nuclear power plant located in the southeastern region of the country. South Korea`s...

Updated : 2017.06.09 13:42

Venture firms welcome govt. plans to launch new SME ministry

South Korean venture firms on Friday welcomed the government's plans to establish a new ministry supporting small and medium-size startups, expressing hope that the new entity will concentrate on tec...

Updated : 2017.06.09 11:31

Big Korean hospitals prepare meals for foreign patients

South Korea's major hospitals are serving special meals for foreign patients as a growing number are receiving treatment in the country, observers said Friday. Kyunghee University Hospital in Gangdo...

Updated : 2017.06.09 10:50

Independent cafes add extra something to compete against coffee giants

Cafe 468, located in a quiet residential area in Euijeongbu, just north of Seoul, has the perks a trendy coffee shop should have -- Instagrammable decor, tasty options using quality beans, pastries a...

Updated : 2017.06.09 09:12

DSME to receive emergency W200b in aid next week

Korea Development Bank and Export-Import Bank of Korea will begin injecting emergency fresh funds next week into ailing Daewoo Shipbuilding & Marine Engineering, which has been facing a massive cash ...

Updated : 2017.06.08 18:22

KT&G to release heat-not-burn tobacco amid iQOS growing popularity

KT&G Corp. said Thursday it will soon release heat-not-burn cigarettes amid the growing popularity of the smoke-free tobacco despite concerns of the emissions of toxic substances similar to those of ...

Updated : 2017.06.08 16:02

Samsung Heavy on course to hit 2017 order target

Shipbuilder Samsung Heavy Industries is one step closer to achieving its annual order target, as the company has reached an agreement to sign more contracts later this year. SHI has signed a letter ...

Updated : 2017.06.08 15:53

[Photo News] Incheon Airport signs an agreement with Lion Travel

CALLING TAIWANESE TOURISTS -- Incheon Airport Corp. CEO Chung Il-young (left) poses with Taiwanese travel agency Lion Travel President Jerry Lin at the signing ceremony at the Grand Hyatt Hotel in Ta...

Updated : 2017.06.08 15:44

GS E&C expected to achieve 3-digit operating profit

GS Engineering & Construction is on its way to reaping record-high earnings this year, on the back of Korea’s booming housing market, according to figures from financial information provider FnGuide...

Updated : 2017.06.08 15:42

Major retailers present plans for joint growth under Moon government

Major retailers are touting and presenting as their main goals joint growth with small business owners, in line with the new liberal Moon Jae-in administration. Shinsegae’s E-mart has been leading ...

Updated : 2017.06.08 15:36

Hyundai Samho lands W400b pre-IPO investment

Midsized shipbuilder Hyundai Samho Heavy Industries, an affiliate of Hyundai Heavy Industries, announced Thursday that the company has attracted a 400 billion won ($355.4 million) pre-initial public ...

Updated : 2017.06.08 15:04

[Herald Interview] Cook Jung uncovers roots of Korean cuisine

Spreading the value of one’s culture is often seen as a heroic mission, undertaken by experts backed by large organizations. However, Cook Jung Seo-young broke such paradigms during the first encoun...

Updated : 2017.06.08 15:03