North Korea loses world judo event because of security risk

The Korea Herald > Business > Industry

Advertising market grows to record size, dominated by top 10 firms

South Korea's advertising market reached 14.7 trillion won ($12.95 billion) last year, with more than 70 percent of it dominated by the top three firms, an industry study showed Monday. Last year's ...

Updated : 2017.04.17 11:21

Workforce at automakers rises 8.6% in past 5 years

The number of workers at South Korea's five complete carmakers has risen 8.6 percent in the past five years, a report showed Monday. The overall workforce at the five carmakers -- Hyundai Motor Co.,...

Updated : 2017.04.17 10:41

Small companies giving up on extended May holiday

Most conglomerates are giving their employees extra vacation days around holidays early next month, but many employees at smaller companies will have to keep working to meet manufacturing and supply ...

Updated : 2017.04.17 09:45

Koreans prefer streaming over downloading music: survey

Nearly half of all South Koreans enjoyed music content through streaming instead of downloading last year, a survey showed Monday, apparently helped by reasonable prices offered by local services. A...

Updated : 2017.04.17 09:35

Major shipyards forecast to have returned to black in Q1

South Korea's major shipyards such as Hyundai Heavy Industries Co. are widely expected to have swung back into the black in the first quarter of the year from a year earlier, largely thanks to cost-c...

Updated : 2017.04.17 09:33

Daewoo shipyard's main bondholder accepts debt rescheduling proposal

The main bondholder of Daewoo Shipbuilding & Marine Engineering Co. on Monday agreed to the debt rescheduling measures proposed by the state-run Korea Development Bank led creditors, paving the way f...

Updated : 2017.04.17 09:05

Samsung’s M&A engine sputters with heir in jail

With its de facto leader in jail for the past two months on bribery charges, Samsung is facing a halt in investments that had been among the key driving forces of South Korea’s largest conglomerate....

Updated : 2017.04.16 15:40

Samsung Electronics named top company to work for in Brazil, Russia

Samsung Electronics, the world‘s leading maker of smartphones and memory chips, ranked No. 1 among companies people want to work for in Brazil and Russia, industry sources said Sunday. The findings...

Updated : 2017.04.16 15:02

SBC hosts Malaysian minister to discuss exchanges

South Korea’s business promotion agency said Sunday it had hosted a meeting with Malaysia’s trade minister to discuss ways to expand bilateral business cooperation and investment opportunities. Th...

Updated : 2017.04.16 15:02

LG OLED TV gets record high marks by Consumer Reports

LG Electronics’ 65- and 55-inch ultra-organic light-emitting diode television sets got the best marks ever for excellence by a US consumer agency, industry watchers said Sunday. Consumer Reports ga...

Updated : 2017.04.16 15:01

Rail institute develops rolling stock with higher loading capacity

The state-run rail institute developed a rolling stock that can move a greater number of containers at once, officials said Sunday, a development that can greatly reduce freight transport costs. Dou...

Updated : 2017.04.16 13:22

Korea's duty-free sales fall 19% in March amid THAAD row

South Korean duty-free shops' sales fell 19 percent in March from a month earlier due to China's retaliation against the deployment of a U.S. anti-missile system here, government data showed Sunday. ...

Updated : 2017.04.16 13:18

Hyundai Motor sells over 20,000 Creta CUVs in March

Hyundai Motor Co. sold more than 20,000 units of its Creta crossover utility vehicle overseas in March on strong local demand for subcompact CUVs, the country's top carmaker said Sunday. (Yonhap) H...

Updated : 2017.04.16 10:09

Cosmetics firms to post lackluster Q1 earnings on China risks: analysts

South Korean cosmetics makers are heading for dim first-quarter earnings, caused by China's boycott of products made by local companies in the wake of a diplomatic standoff over the deployment of a U...

Updated : 2017.04.16 09:26

KDB, NPS struggle to find middle ground on Daewoo

A state-run main creditor of Daewoo Shipbuilding & Marine Engineering Co. and the National Pension Service (NPS), the biggest bondholder of the troubled shipbuilder, are struggling Friday to find com...

Updated : 2017.04.14 20:53