The Korea Herald

SK ecoplant wins bid for $2.2b Norway expressway

Sept 9, 2021

SK ecoplant has won a bid to build a $2.2 billion expressway in Norway, making them the first South Korean construction company to enter the infrastructure business in the north European country. Ac...
LG Chem, Coupang to recycle 3,000 tons of packaging waste

Sept 9, 2021

South Korea’s leading chemical firm LG Chem has joined hands with the nation’s e-commerce giant Coupang to recycle 3,000 metric tons of plastic packaging waste and to offer a door-to-door plastic-was...
South Korea greenlights Hanwha to utilize lunar resources

Sept 9, 2021

Hanwha Aerospace became the first South Korean space company to win government approval to utilize resources in space, such as on the moon and Mars, the company said Thursday. According to the defen...
DL Pharm donates masks to Liberia

Sept 9, 2021

DL Pharm Co., Ltd. donated 100,000 face masks to help Liberia overcome COVID-19. The drugmaker said it held a ceremony at the Liberian consulate in Seoul on Wednesday to mark its donation of the mas...
Tycoons unite for hydrogen future

Sept 8, 2021

Hyundai Motor, SK, Posco, 12 others join forces to launch Korea H2 Business Summit
Hyundai Motor vows to make hydrogen cars as cheap as EVs

Sept 7, 2021

Chairman Chung Euisun promises hydrogen for everyone, everything and everywhere
[Herald Interview] ‘Hiring philosophy is changing at South Korean companies’

Sept 7, 2021

CEO of AI-based recruiting platform Wanted Lab on how digitization is reshaping Korea’s job market
KAI buys 20% of satellite footage analysis firm Meissa

Sept 7, 2021

Korea Aerospace Industries said Tuesday it had acquired a 20 percent stake in Meissa, a South Korean satellite footage analysis firm, to make a foray into the global space services market estimated t...
S. Korea maintains No.1 spot in new shipbuilding orders for 4th month

Sept 7, 2021

South Korean shipbuilders far outstripped their Chinese rivals in terms of new orders in August, retaining their top spot for the fourth straight month, industry data showed Tuesday. Local shipbuild...
Hanwha General Chemicals renamed Hanwha Impact

Sept 6, 2021

Hanwha General Chemicals, the chemical affiliate of Hanwha Group, announced a new company name, “Hanwha Impact,” as it seeks to shift its identity to focus on future-oriented, green business fields. ...
Samsung Heavy demonstrates ship collision avoidance system

Sept 6, 2021

Samsung Heavy Industries Co. said Monday it has succeeded in demonstrating a ship collision avoidance system. The shipbuilder's remote autonomous navigation system, known as Samsung Autonomous Ship ...
K-Safety Expo 2021 to be held virtually

Sept 6, 2021

The government will virtually host its annual K-Safety Expo from Sept. 13-17, where about 300 local companies and state-funded agencies will showcase their products and technology. The fair is the ...
M&As up 49% in H1; big firms lead deal activity

Sept 5, 2021

The value of corporate mergers and acquisitions executed in South Korea rose 48.7 percent in the first half of this year, with conglomerates leading deal activity in a bid to identify new growth oppo...
[Newsmaker] Sales of local restaurants dropped during COVID-19 pandemic

Sept 5, 2021

Sales of local restaurants and bars have dropped to their lowest level due to toughened social distancing rules during the COVID-19 pandemic, government data showed Sunday. According to the Korean S...
Wemade’s ‘play-to-earn’ game Mir 4 challenges pay-to-win paradigm

Sept 5, 2021

Amid growing gamer fatigue over extreme pay-to-win games, a South Korean developer has come up with a new mobile game that offers just the opposite: Users can make money simply by enjoying the game. ...