Jeju Air Co., South Korea's leading budget carrier, said Sunday the number of its flights on international routes bounced back to 70 percent of pre-pandemic levels last month. Jeju Air offered 3,057 flights on its international routes to carry 485,000 passengers in December, accounting for 70 percent of the 4,362 flights and 694,016 passengers in December 2019, the company said in a statement. ...

Superstition that they bring wealth behind enduring popularity of calendars from financial institutions

SK Group vice chairman and affiliate heads look for newest technologies at CES 2023

Advancing autonomous sailing, maritime mobility and offshore energy generation will unlock ocean's endless potential: CEO

By Jo He-rim Korea Herald Correspondent LAS VEGAS -- Samsung Electronics Vice Chairman Han Jong-hee shared a detailed vision to create "calmer" connected world to heighten connectivity among devices, and reiterated the company's pursuit of net-zero emissions at the world's largest home appliance convention, Wednesday. In a press conference held on the sidelines of the CES in Las Vegas, Han, wh...

SK Ecoplant said Thursday it struck up a partnership with world-class builder China State Construction Engineering Corp. in a bid to ramp up their joint efforts for further attracting overseas renewable energy projects. Under a memorandum of understanding, the construction unit under SK Group and CSCEC said they will be working together to target unexplored renewable energy markets overseas. Fo...

Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States fell 1 % in 2022 from a year earlier amid a prolonged chip shortage. Hyundai and Kia sold a total of 1.47 million vehicles in the world's most important automobile market last year, down from 1.49 million units the previous year, according to the companies' sales data. Hyundai's US sales declin...

Enhanced tax incentives may show government’s renewed commitment, but questions remain over timing, with uncertainty lingering over parliamentary approval

Employees pose at the exhibition booth for Samsung Electronics at the CES trade show that kicks off Thursday in Las Vegas. The South Korean tech giant plans to unveil futuristic technologies, especially its upgraded smart home platform SmartThings that boasts heightened connectivity among devices, even among different brands.

An SK Group official introduces future traffic solutions equipped with emissions-reducing technologies to visitors at the conglomerate’s exhibition booth at the CES trade show in Las Vegas, during media events held Tuesday. Eight SK companies, along with their 10 global partners, are showcasing their eco-friendly technologies and products, from advanced batteries to urban air mobility solutions a...

Celltrion Healthcare, the marketing unit of Korea's drug developer Celltrion, said on Wednesday that the company inked a partnership with Hikma Pharmaceuticals to launch its biosimilar version of metastatic colorectal cancer treatment Avastin in the Middle East and North Africa region. “The pharmaceutical market, especially the need for biomedicine, is continuously growing in the MENA region. Th...

South Korean drug maker Celltrion said Tuesday its antibody biosimilar Remsima has received authorization from 100 countries worldwide, a feat achieved almost 10 years after its getting approval at home. Remsima is a TNF-α inhibiting antibody biosimilar used to treat autoimmune diseases such as rheumatoid arthritis, ulcerative colitis, and Crohn’s disease. The drug got its first approval from Ko...

Revision aims to more than double tax cuts on facility investments by Samsung Electronics, SK hynix, world's top two memory chipmakers

South Korea’s antitrust regulator said Tuesday it is imposing a fine of over 2.85 billion won ($2.23 million) on US electric vehicle maker Tesla and Tesla Korea for deceiving local consumers with false and exaggerated advertisements. The penalty on Tesla is assessed for advertising its battery performance on its official website here dating to August 2019 for exaggerating that its electric vehic...

A giant banner promoting South Korea’s bid for the 2030 World Expo is hung on the exhibition floor for the 2023 CES in Las Vegas on Monday. South Korea’s refinery-to-battery company SK Innovation, along with other SK companies, said it will promote the southern port city of Busan’s bid to host the World Expo during the world’s largest tech trade show that kicks off Thursday.