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Korean budget carriers expand routes to S. East Asia, Japan

South Korean budget carriers are strengthening international routes to Southeast Asia and Japan in a bid to absorb growing low-cost air travel demand and recoup losses stemming from the drop in Chine...

Updated : 2017.06.17 10:19

[Weekender] Vegetarian-friendly eateries to visit in Seoul

Aparna Balakumar, a 21-year-old Australian student visiting South Korea, says she was a little nervous about coming to the country for the first time, fearing that her food options might be limited a...

Updated : 2017.06.16 17:11

Booming Korean oil refiners set dates for interim dividends

South Korea’s oil refining businesses set their dates for half-year interim dividends on the back of increasing first-half profitability, especially in petrochemicals and lubricants. The latest ref...

Updated : 2017.06.16 17:07

Hyperconnectivity holds key to future infrastructure: AIIB

SEOGWIPO, Jeju Island -- Hyperconnectivity between people, devices and networks holds the key to the development of safe, cost-effective infrastructure in a future dominated by the “fourth industria...

Updated : 2017.06.16 16:44

K-water soon to complete water plant in Pakistan

Korea Water Resources Corp., or K-water, said it will soon complete the construction of a water plant in Pakistan, K-water’s first investment project overseas. The state-run water resources develop...

Updated : 2017.06.16 16:25

China blacklists 24 Korean food and cosmetics firms

The Chinese government recently blacklisted 24 South Korean manufacturers and exporters of foods and cosmetics, restricting sales of their products on the mainland. The measures add woes to Korean f...

Updated : 2017.06.16 16:24

Korean business delegation to join US investment promotion forum

Business leaders of 29 South Korean companies will participate in a US government event to promote foreign investment, the US Embassy in Seoul said Friday. Forty-seven representatives from South Kor...

Updated : 2017.06.16 16:10

Korea to lose No. 1 exporter status in China within few years: survey

South Korea will likely lose its status as the largest exporter of goods to China within a few years amid escalating competition coming from Japan, European countries and the United States, a survey ...

Updated : 2017.06.16 15:27

Daewoo Engineering signs MOU for infrastructure projects in Laos

Daewoo Engineering & Construction Co. inked an initial agreement with a Laotian partner to win infrastructure projects in the Southeast Asian country, the builder said Friday. On Thursday in Vientia...

Updated : 2017.06.16 13:53

Lotte Duty Free taps Thailand with first store in Bangkok

Lotte Duty Free, South Korea's top duty-free operator, said it opened an outlet in central Bangkok on Friday, making its first foray into the key Southeast Asian market. The shop, located inside ent...

Updated : 2017.06.16 10:59

Ransomware payoff stirs controversy in Korea

A Korean web hosting firm’s recent decision to pay a huge ransom to a group of cybercriminals sets a bad precedent, possibly opening the door for more criminals to target Korea for easy money, secur...

Updated : 2017.06.15 16:14

Beauty bloggers become ‘social sellers’

A friendly face and incentives go a long way. That is what has captured the attention of larger cosmetic manufacturers in South Korea as an increasing number of beauty bloggers are invited to join th...

Updated : 2017.06.15 16:07

KOGAS starts operation of 3 LNG storage tanks in Korea

The state-run Korea Gas Corp. said Thursday that it started the operation of three large-scale LNG storage tanks in eastern South Korea earlier this week. Since March, the utility firm has test-run ...

Updated : 2017.06.15 15:55

Medytox files US lawsuit alleging BTX theft

Medytox, South Korea’s largest maker of botulinum toxin, said Thursday that it has filed a lawsuit claiming intellectual property theft against domestic rival Daewoong Pharmaceutical and its US part...

Updated : 2017.06.15 15:49

[AIIB] Who’s who among key participants to AIIB

Ministerial-level delegates from 25 countries will participate in the second Asian Infrastructure Investment Bank annual meeting to discuss sustainable infrastructure in South Korea‘s southern resor...

Updated : 2017.06.15 15:30