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Korean Air cuts back on routes to Middle EastIndustryNov 23, 2016Korean Air is pulling back on its destinations in the Middle East, instead opting to focus on in-demand routes to the western United States, the company said Wednesday. The airline said that it woul... -
Breaking down retail’s new e-commerce challengesIndustryNov 23, 2016Competitiveness in the retail sector will increasingly hinge on the ability of companies to integrate their online and offline strategies, according to experts speaking at the second “New Retail Tren... -
AmorePacific sells over 100 million cushion compactsIndustryNov 21, 2016Korean cosmetics giant AmorePacific announced Monday that total sales of its iconic cushion compacts have surpassed 100 million worldwide. The compacts, which include a patented sponge cushion soaked... -
Organica acquires convenience food companyIndustryNov 21, 2016Herald Corp.’s organic food developer Organica has acquired convenience food producer Damyeon to expand its premium fresh food offerings, the company said Monday. Damyeon is a supplier of food such ... -
Shilla Duty Free opens Phuket branchIndustryNov 20, 2016Hotel Shilla, which operates The Shilla Duty Free, has opened its first overseas city outlet in Phuket, Thailand, the company said Sunday. Shilla Duty Free in Phuket(Hotel Shilla) The Shilla Duty F... -
Korean Air, Asiana Airlines go different ways in labor disputesIndustryNov 20, 2016Korea’s two full-service airline carriers are seeing different outcomes in conflicts with their respective pilot unions as they face a market that is becoming increasingly dominated by low-cost carri... -
Decision on Google’s map request due FridayIndustryNov 17, 2016The Korean government is set to decide Friday whether it will allow Google to put a detailed map of the country on the company’s global servers. The decision, delayed by the government from an initi... -
Myeong-dong ranked as world’s 8th most pricey retail areaIndustryNov 17, 2016Seoul’s Myeong-dong street was ranked the eighth most expensive retail street in the world, according to a report by real estate service company Cushman & Wakefield Thursday. (Cushman & Wakefield) ... -
‘Seoul startup ecosystem vibrant, but needs diversity’IndustryNov 16, 2016Employee diversity and exposure to global markets are two major areas that need to be improved in Seoul‘s growing startup ecosystem, according to the first edition of a white paper released by the Ko... -
Tous Les Jours opens first two branches in MongoliaIndustryNov 15, 2016Tous Les Jours has opened its first two branches in Mongolia, making it the first Korean bakery chain to enter the Mongolian market, the company said Tuesday. Both new branches are located in Ulaanb... -
Starbucks seeks eco-friendly growthIndustryNov 15, 2016Starbucks Korea is on its way to recycle 100 percent of its stores’ used coffee grounds by 2018, furthering its efforts to contribute to environmental conservation, the company said Tuesday. The com... -
FM leaves for U.S. to attend U.N. General AssemblyDiplomatic CircuitSept 17, 2016South Korean Foreign Minister Yun Byung-se left for New York on Saturday to attend the U.N. General Assembly meeting, part of his brisk diplomacy to craft tough international sanctions against North ... -
UN Security Council cancels meeting on SyriaWorld NewsSept 17, 2016UNITED NATIONS -- The UN Security Council on Friday canceled an urgent meeting on Syria over disagreements between Russia and the United States over disclosing details of a ceasefire deal. During th...
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EU vows post-Brexit 'vision' in six monthsWorld NewsSept 17, 2016BRATISLAVA -- European Union leaders agreed at a post-Brexit summit Friday to forge a new "vision" within six months to restore faith and unity in the bloc as it plans a future without Britain. The ... -
World's nuclear powers condemn N. Korea's nuclear testNorth KoreaSept 17, 2016WASHINGTON -- The world's five recognized nuclear weapons states denounced North Korea's fifth nuclear test, calling for a complete, verifiable, and irreversible denuclearization of the Korean Penins...
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