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South Korean consumers spend record amount of money on alcohol, tobaccoRetailJan 5, 2021South Koreans’ spending on drinks and cigarettes reached a record high during the third quarter of last year, the Bank of Korea said Tuesday. Households spent 4.3 trillion won ($3.96 billion) on liq... -
GS chairman vows focus on digital competency in New Year’s addressIndustryJan 4, 2021GS Group will focus on digital competency and environmentally-friendly management to discover new business projects, the chairman of the group Huh Tae-soo said on Monday. In a livestreamed New Year’... -
Wine imports hit record high as home drinking catches onRetailJan 4, 2021Wine imports soared to a record high in Korea last year, apparently helped by more people drinking at home amid the pandemic, new government data revealed Monday. South Korea imported 38,969 tons of... -
Retailers urged to cut ties with Japan beauty firm DHC over racism scandalRetailJan 2, 2021DHC, known for its beauty and health products including its popular oil makeup remover, has yet to apologize for the CEO’s comments, despite having been accused of spreading racism against Koreans be... -
Over 35 million viewers watch SM Town Live on New Year’s DayK-popJan 2, 2021S.M. Entertainment’s livestreamed global music festival SM Town Live drew a record-breaking 35 million-plus viewers on New Year’s Day, the company said Saturday. Viewers in 186 countries streamed th... -
Health Ministry takes down pandemic dance video after backlashSocial affairsJan 2, 2021The Ministry of Health and Welfare took down a video it had posted on social media encouraging dancing to beat the coronavirus blues. The video, uploaded New Year’s Day and deleted Saturday, drew cr... -
Asiana Airlines appoints new CEO in executive reshuffleTransportDec 31, 2020Asiana Airlines named Jung Sung-kwon as the new CEO in a major executive reshuffle on Thursday. Jung, who previously served as the head of the airline’s China operations, will replace current CEO Ha... -
KOTRA opens ‘Korea Desk’ in Myanmar to support tradeIndustryDec 27, 2020The Korea Trade-Investment Promotion Agency said Sunday that it has opened a “Korea Desk” in Myanmar to support trade and investment between the two countries. Launched with the backing of South Kor... -
Corporations to skip in-person New Year’s meetings amid pandemicIndustryDec 27, 2020South Korea’s major corporate groups are opting out of hosting New Year’s kickoff meetings in person this year, as the coronavirus outbreak shows no signs of abating, according to industry sources. ... -
Why alcohol brand mascots are making a comebackRetailDec 24, 2020“It brings back memories for those in their 40s and 50s while young people in their 20s and 30s see Jinro as a new brand,” said one official. The revamped version of a discontinued soju from Jinro, ... -
Thom Browne to launch perfume line in KoreaRetailDec 22, 2020US fashion brand Thom Browne said on Tuesday it will launch its perfume line in Korea. A total of six perfumes will be released, including “09.27.65 Eau de Parfum,” also known as Vetyver Absolute, a... -
Retailers cash in on Christmas shopping amid pandemicRetailDec 22, 2020Retailers are in a final push for last-minute Christmas shopping in a year marred by the coronavirus pandemic. As the country grapples with a third wave of virus outbreaks, gatherings of five or mor... -
T'way Air to lease three Airbus A330-300 jetsTransportDec 21, 2020T’way Air has signed a letter of intent to lease three Airbus A330-300 jets late next year to introduce new medium and long-haul flights, the South Korean low-cost carrier said Monday. The move come... -
‘Face masks are least wanted Christmas gift’RetailDec 21, 2020A new survey has revealed that face masks, hand sanitizers and other personal protective equipment against the coronavirus are among the least-wanted gifts during this year’s Christmas. While the pa... -
Nonalcoholic beers review: Cass, Hite and TsingtaoRetailDec 20, 2020Drinking is fun for a lot of people. And in the midst of the coronavirus pandemic, some of us are guilty of finding solace in downing a few extra drinks at home. Even those who have a low tolerance ...
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01LG Group chief is richest Korean under 50
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New virus cases under 400 again; alert in place against potential upticks02
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03Social distancing likely to persist through the year, says health minister
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S. Korea remains alert over possible uptick ahead of Lunar New Year, reports under 400 new cases04
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05Two Koreas look toward new relationship with Biden
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S. Korea to prepare 250 COVID-19 vaccination centers to start inoculations next month06
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07Korean language test for foreigners to take place 3 times abroad in 2021
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Biden urges Americans to 'mask up,' says visitors will need to quarantine08
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09Future of LG’s rollable smartphone up in the air
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[Newsmaker] Japan privately concludes Tokyo Olympics should be cancelled due to coronavirus: The Times10