Most Popular
-
1
Blinken calls on China to press N. Korea to end its 'dangerous' behavior
-
2
New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
-
3
Tensions heighten ahead of first president-opposition chief meeting
-
4
Seoul to provide housing subsidy to married couples with newborns
-
5
[Weekender] How DDP emerged as an icon of Seoul
-
6
Rapper jailed after public street fight with another rapper
-
7
Doctor group's incoming head renews call for govt. to scrap medical school quota hike for dialogue
-
8
Woman gets suspended term for injuring boyfriend with knife
-
9
[KH Explains] No more 'Michael' at Kakao Games
-
10
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
-
Korean Air faces complaints over its corporate title and identity
Following the reports on the so-called “water rage” of Korean Air heiress Cho Hyun-min and other tyrannical behavior involving the owner family members, calls have been mounting here to deprive the nation’s largest air carrier of its trademark and corporate identity -- which are largely suggestive of the South Korean government.Despite the public‘s resentment, however, related government authorities and experts suggest that the recent set of scandals do not satisfy the requisites for disqualific
April 18, 2018
-
GM Korea offers to relocate Gunsan workers to other plants
GM Korea Co., the South Korean unit of General Motors Co., on Wednesday offered to relocate workers at the Gunsan plant due to be closed next month to other production lines in the country.The move appears to be part of the company's last-minute efforts to seek support from its union over its drastic self-help programs. The US auto giant warned it will be forced to put GM Korea under court protection unless the union accepts the restructuring measures that include the shutdown of the Gunsan plan
April 18, 2018
-
GS chief urges management to encourage challenges, innovation
GS Chairman Huh Chang-soo urged the firm’s executives to create an environment where new challenges and innovation are encouraged at a management meeting held on Wednesday. For the future growth of GS, Huh encouraged the affiliates’ new businesses, including GS Caltex‘s new investment in olefin business, GS Retail’s move into Vietnam with its convenient store GS25 and GS Power‘s building additional power plant and adoption of liquefied natural gas.GS Chairman Huh Chang-sooGS Caltex invested arou
April 18, 2018
-
Chip industry relieved at deferred disclosure of Samsung’s workplace reports
South Korea’s semiconductor businesses on Wednesday welcomed deferred disclosure of Samsung Electronics’ assessment reports on workplace environments, although a legal battle between Samsung and the government will continue as scheduled. Samsung has won support from the Ministry of Industry, Trade and Energy in its claim that workplace reports should not be made public as they contain key technologies and trade secrets, Tuesday. The tech titan’s claim to nullify the Ministry of Employment and La
April 18, 2018
-
Posco’s political neutrality questioned over chairman’s abrupt resignation
The head of South Korea’s steel giant Posco, who has more than two years of his term left, abruptly offered to resign on Wednesday, amid rumors that his decision has been influenced by the intention of Cheong Wa Dae.In a surprise decision, Posco Chairman Kwon Oh-joon said he was stepping down, citing his health. He said that he wishes to pass the baton to a “young and powerful” leader who he believes can bring the changes needed to the steelmaker that recently celebrated its 50th anniversary.“I’
April 18, 2018
-
Foreign patient arrivals down in 2017 for first time
The number of foreigners visiting South Korea for medical purposes decreased last year for the first time mainly due to the weak inbound traffic from China, government data showed Wednesday.According to the data from the Ministry of Health and Welfare, a total of 321,574 foreigners arrived here in 2017 to visit hospitals, down 12 percent from a year earlier.The number of foreign patients increased by an average of 11 percent on-year since 2009 when 60,201 foreigners visited South Korea, the mini
April 18, 2018
-
Top GM official remains optimistic about wage negotiations
A top official of General Motors said Tuesday he remains optimistic about crucial wage negotiations this week that could decide the fate of GM's South Korean operations.Executive Vice President Barry Engle said "yes" when he was asked whether he is optimistic about wage negotiations set to resume between GM Korea Co. and its union at 10 a.m. on Wednesday."We are committed to staying here in Korea, but time is short.We need all stakeholders to act with urgency," Engle said in a brief comment to Y
April 17, 2018
-
Samsung’s service arm to hire 8,000 workers from subcontractors
Samsung Electronics Service, a warranty service affiliate of Samsung Electronics, will hire 8,000 workers from its subcontractors as regular employees, it said Tuesday. The affiliated entity of South Korea’s largest tech company announced it had agreed with the Korean Metal Workers’ Union to directly employ the workers from about 90 subcontractors.The 8,000 workers are members of the trade union. It marks an unprecedented case at Samsung of turning workers into regular employees while keeping th
April 17, 2018
-
Korea to toughen punishment on companies stealing ideas
Companies will face harsher punishment if they are found to have stolen ideas from smaller companies, according to the government on Tuesday, amid growing calls from startups to protect their ideas and technologies. The Korean Intellectual Property Office announced Tuesday the revised law to prohibit unfair competition practices and to protect confidential business information. It is to take effect on July 18. Unfair competition practices include using without permission ideas shared in business
April 17, 2018
-
Korean biz delegation relays concerns on trade with US
A business delegation led by the chief of the Korea International Trade Association met with the deputy US trade representative in Washington on Monday to convey the concerns of Korean steel exporters amid growing uncertainty over the export landscape in the US. The delegation included representatives of Samsung Electronics, Hyundai Motors, Posco, Mando, Hyundai Steel, Hanwha Q Cells and SK Gas. “An amicable settlement in the trade deal between Korea and the US allows companies from both nations
April 17, 2018
-
E-mart unveils autonomous shopping cart Eli for test run
E-mart, a South Korean discount chain operator under retail giant Shinsegae, unveiled an autonomous shopping cart Tuesday for a test operation, amid the company’s efforts to solidify its offline distribution base. A model tries out E-mart’s autonomous shopping cart Eli at E-mart Traders in Hanam, Gyeonggi Province, Tuesday. (E-mart)For the first time in Korea, an autonomous cart will be showcased at E-mart’s warehouse-style supermarket Traders in Hanam, Gyeonggi Province, from Tuesday to Friday
April 17, 2018
-
Air Busan cabin crew under fire for allegedly mocking passengers
South Korean low cost carrier Air Busan, a subsidiary of Asiana Airlines, came under fire Tuesday after a flight attendant uploaded a photo to her social media allegedly mocking passengers. A screen capture of an Air Busan flight attendant’s Instagram (Instagram)A flight attendant aboard a plane heading for Busan from Jeju Island three months ago uploaded a photo of passengers to her Instagram account on Saturday. She added a caption reading, “All same permed hair (feat. Omegi rice-cake 400 box
April 17, 2018
-
Number of Chinese visitors to Korea tops 400,000 in March following THAAD row
The number of Chinese visitors to South Korea topped the 400,000 threshold in March for the first time since February last year, rebounding from a sharp fall following a 2017 diplomatic row between the two countries over the deployment of an advanced US missile defense system in South Korea, government data showed Tuesday.The Justice Ministry said the number of Chinese people visiting South Korea gained 16.5 percent from a month earlier to 427,628 in March. Compared with the corresponding number
April 17, 2018
-
Pay TV losing subscribers, especially among young generation
The number of subscribers to pay TV keeps falling, especially among the younger generation and one-person households, a report said Tuesday.According to the research by the Korea Information Society Development Institute, the service termination rate reached 6.86 percent last year, up from 6.54 percent the year before. The rate had fallen from 5.97 percent in 2012 to 3.13 percent in 2015 before picking up again.A breakdown by types of households showed that 9.17 percent of the people ending thei
April 17, 2018
-
Fine dust changing retail pattern, triggering demand for indoor products
People staying indoors to stay away from chronic fine dust have changed recent sales trends, increasing the popularity of toys and exercise machines while hurting demand for drones, data from a major retailer showed Tuesday.According to E-Mart Inc., South Korea's No. 1 hypermarket chain, sales of toys rose 8.2 percent between March 1-April 11 compared with the same period last year. Sales during the same number of days in 2017 was 8 percent down from the same period the year before.Sales of toys
April 17, 2018
-
[Breaking] FSS chief Kim offers to resign
FSS chief Kim offers to resign. (To be updated)
April 16, 2018
-
Korean Air temporarily suspends errant heiress
Korean Air Lines Co., said Monday that it has temporarily suspended one of its executives -- the daughter of the company's chairman -- for her alleged misbehavior toward an advertising agency employee.South Korea's national flagship carrier Senior Vice President Cho Hyun-min has been relieved from her current post until the ongoing police probe into the matter is concluded. It did not elaborate on what further action will be taken.On Friday, law enforcement authorities launched a preliminary inq
April 16, 2018
-
Experts divided on protection of Samsung’s chipmaking technologies
The Ministry of Trade, Industry and Energy said Monday its committee on the protection of industrial technologies failed to reach an agreement on whether to give Samsung Electronics’ chipmaking technologies protection as national core assets amid an ongoing dispute over the firm’s workplace safety. The 13-member committee of experts on semiconductors and security discussed whether or not reports on the working conditions of Samsung’s chip plants in Gyeonggi Province contained information deemed
April 16, 2018
-
Innocean Worldwide makes braille socks for visually impaired
Innocean Worldwide, the advertising arm of Hyundai Motor Group, posted to YouTube a video to promote braille socks that it made with a local fashion brand to help the visually impaired, the company said Monday.The socks are designed with braille to help wearers match the right colors.Ahead of Disabled Persons Day in Korea on April 20, the company launched the “7 days braille socks” campaign, which aims to ease the difficulties visually impaired people face on a daily basis. The socks were produc
April 16, 2018
-
Korean Air heiress lawyers up
A legal battle lies ahead for Korean Air Senior Vice President Cho Hyun-min, who appointed an attorney Monday and said that she had actually “pushed” -- not thrown -- a cup of water toward an advertising agency manager during a meeting last month. (A screen capture from MBC news)According to Korean Air, the company has appointed lawyer Kim Sang-hyuk from the law firm Sejong to “cooperate with the police probe that is currently under way.” “We want to truly apologize for what went wrong. We will
April 16, 2018