The Korea Herald

Dark clouds loom over Korea's economy

Mar 9, 2020

Fifty days after confirmation of the first novel coronavirus case in South Korea, the economy is in a tailspin with major industries facing severe setbacks amid production disruptions, falling consum...
Celltrion applies for European approval of Humira biosimilar

Mar 9, 2020

Celltrion said Monday that it applied for the European Medicine Agency’s commercialization approval of CT-P17, a Humira (adalimumab) biosimilar. CT-P17 is a highly potent biosimilar of AbbVie’s auto...
15 Korean pharmas, 4 state institutes research coronavirus

Mar 9, 2020

South Korea’s state-run research institutes and pharmaceutical firms are working hard to find a cure for the new coronavirus, according to news reports Monday. Around 15 firms and four institutes he...
Lotte unit offers voluntary retirement

Mar 8, 2020

Lotte Himart Co., South Korea's leading home appliance store chain, said Sunday it will offer a voluntary retirement program to its employees due to deepening losses. Some 80 employees who have work...
Firms extend remote work with creativity amid prolonged virus outbreak

Mar 8, 2020

Amid the prolonged outbreak of the COVID-19, South Korean businesses are extending telecommuting and flexible work hours for employees in various forms to prevent further spread. While the companies...
[Herald Interview] ‘All consumer decisions to soon depend on genomic data’

Mar 8, 2020

Knowing your nature can change your nurture for the best, says Theragen Etex CEO
Samsung temporarily shuts down Gumi smartphone factory again over virus case

Mar 6, 2020

Samsung temporarily moves smartphone production to Vietnam over virus case Samsung Electronics Co. said Friday it will temporarily move some of its smartphone production to Vietnam, after shutting d...
Asiana suspends all Japanese routes, first in 30 years

Mar 6, 2020

Asiana Airlines said it will suspend all flights to Japan until the end of this month, the first in 30 years since it started services amid Japan’s new entry restrictions against South Koreans. The ...
Samsung’s compliance committee to address corporate succession, labor issues

Mar 6, 2020

Samsung Group’s seven-member compliance committee on Thursday announced three major agendas after its first meeting. The newly established committee addressed issues related to corporate succession,...
Theaters screen past hit films amid coronavirus struggle

Mar 6, 2020

South Korean movie theater chains are screening past blockbusters and classics as the spreading coronavirus has been keeping people from local cinemas. The 2004 fantasy film "Harry Potter and the Pr...
S. Korea urges mask filter makers to speed up production amid virus spread

Mar 6, 2020

South Korea said Friday it will provide any necessary support to local producers of fabric filters to help boost the production of face masks amid the spread of the new coronavirus. The COVID-19 epi...
‘Health functional foods’ see boom in wake of virus outbreak

Mar 5, 2020

Balanced diet, lifestyle key to maintaining good health and strong immunity, say doctors
Komipharm awaits approval for clinical trial design

Mar 5, 2020

KRX warns against ‘unnatural’ fluctuations of coronavirus-themed stocks
Foreign firms in Korea support Korea's fight over coronavirus

Mar 5, 2020

AmCham, ECCK release positions showing most foreign entities anticipate performance to worsen
Starbucks’ remote ordering services surge amid coronavirus outbreak

Mar 5, 2020

Starbucks Korea’s remote services have spiked as customers try to minimize direct contact and staying time inside its cafes. The company said Thursday its on-the-go ordering service Siren Order, ava...