The Korea Herald

HDC Hyundai Development Company creates ‘sustainable’ urban projects

Aug 31, 2021

HDC Hyundai Development Company recently announced a number of projects to build “sustainable urban platforms” that combine residential, business, shopping and cultural facilities. The company said ...
Number of restaurant, hotel workers drops in July as pandemic lingers

Aug 31, 2021

The number of people working at restaurants and hotels dropped 64,000 on-year in July as the fourth wave of the coronavirus pandemic continued to weigh down on the sectors, the government said Tuesda...
HMM's land-based workers at HMM vote to strike for pay increase

Aug 31, 2021

Unionized land-based workers at HMM Co. have voted for a strike after failing to reach an agreement with the management over a pay raise, the union said Tuesday, triggering concerns over potential di...
Home presales set to begin for Hyundai E&C’s Hillstate Namsan

Aug 30, 2021

Hyundai Engineering & Construction’s premium apartment brand Hillstate is to give Seoul another landmark at the heart of the capital city with the construction of Hillstate Namsan. Located at Mukjeo...
LG Chem to turn artificial marble waste into translucent plastic

Aug 30, 2021

LG Chem said Monday that it would reuse artificial marble waste to produce translucent industrial plastic -- widely used in making pipes, auto body parts and helmets. According to South Korea’s lead...
SK Energy, Logisquare seek green transition of cargo trucks

Aug 30, 2021

Leading oil refinery and gas station operator SK Energy said Monday it has partnered up with the nation’s largest logistics firm Logisquare to accelerate the green transition of cargo trucks. Under ...
Kia, union sign 1st wage deal without strike in 10 years

Aug 30, 2021

Kia Corp. and its labor union on Monday signed a wage agreement for 2021 without an industrial action occurring for the first time in a decade. On Friday, 68 percent of 26,945 Kia workers voted in f...
Major burdens for companies: COVID-19, raw material prices, interest rates

Aug 30, 2021

The resurgence of the coronavirus virus, increases in raw material prices and interest rates were the biggest concerns of companies here, a survey showed Monday. The Korea Chamber of Commerce and In...
Hyundai Oil Bank rolls out beer inspired by premium gasoline brand

Aug 30, 2021

Hyundai Oil Bank has rolled out an IPA beer in collaboration with CU, a leading convenience store franchise here, to offer an exciting experience to the MZ generation, the Korean oil company said Mon...
Samsung researchers get two more seats in global consortium

Aug 30, 2021

Two researchers from Samsung Electronics will serve as vice presidents of working groups within a global mobile telecommunication standards organization, the company announced Monday. With the lates...
Number of new companies drops 9.8% in H1

Aug 30, 2021

The number of newly established companies in South Korea declined nearly 10 percent in the first half of the year due to a one-off factor, government data showed Monday. A total of 730,260 new busin...
Wine imports hit new high in 2020 amid pandemic

Aug 30, 2021

South Korea's wine imports hit a fresh high in 2020 as more people enjoyed drinking at home and alone due to the coronavirus pandemic, data showed Monday. Asia's fourth-largest economy imported $330...
S. Korea to set aside W6.3tr in 2022 budget for new industries

Aug 30, 2021

South Korea will increase its spending on chips, bio-health and next-generation vehicles by 43 percent next year as the country seeks to nurture new industries, the country's finance minister said Mo...
[News Focus] W3.9tr wiped off NCSoft market cap in two days. What went wrong?

Aug 29, 2021

Disappointment over new game turns into doubts over firm’s overall competitiveness
Posco, four others join forces for liquid CO2 tanker

Aug 29, 2021

South Korean steelmaker Posco has forged a five-way partnership encompassing shipbuilders and ship registries to develop a liquid carbon dioxide carrier tanker, as part of its bid to gain an upper ha...