Most Popular
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Medical profs at top hospitals suspend surgeries, clinics
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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Shinsegae faces showdown with investors over SSG.com's delayed IPO
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Exports to US reach all-time high, widen gap with China
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Hopes rise for possible Gaza truce deal
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Ex-pro baseball player who killed debtor appeals sentence
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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S. Korea to issue travel ban on Haiti amid intensifying gang violence
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Leaders of S. Korea, Angola agree to boost economic, trade cooperation
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From sleeping to space-out contests, Seoul to host 120 events at Han River
Parks near the Han River in Seoul will play host to 120 cultural, leisure and recreational events, including a sleeping contest and a space-out competition, according to the Seoul Metropolitan Government on Monday. Starting with the 2024 Han River Festival in May, the city government announced during Monday’s press briefing that the festivities will last until the end of the year. According to city government officials, the Seoul Metropolitan Government plans to host 25 percent more events
Social AffairsApril 29, 2024
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Intel CEO to visit Seoul in June
Intel CEO Pat Gelsinger is planning to visit Korea in early June to attend the company's global conference in Seoul, according to industry sources Monday. The AI Summit event, which is held multiple times a year across countries, typically highlights Intel’s local subsidiaries. It shares knowledge on the intersection between artificial intelligence technology and business models for key players in the industry. Sources predicted the summit will be held on June 5, which will mark the
IndustryApril 29, 2024
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Hanwha Systems breaks ground on satellite center in Jeju
Hanwha Systems, a defense electronics and ICT solutions provider under the Korean conglomerate Hanwha Group, broke ground on a space center in Jeju on Monday. Named the Jeju Hanwha Space Center, the new facility will be capable of developing and manufacturing satellites. Hanwha Systems plans to complete the construction by the end of next year. “The Jeju Hanwha Space Center will create innovative technology and economic value as a birthplace for satellite development and manufacturing,&rdq
IndustryApril 29, 2024
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Ex-deputy prime minister takes helm of troubled ruling party
Hwang Woo-yea, who was deputy prime minister for former President Park Geun-hye, was tapped Monday as the temporary leader of the ruling People Power Party that is still reeling in the aftermath of its painful defeat in the April 10 general election for the National Assembly. Hwang, 77, is to take the helm of the People Power Party leadership until a new one is picked at a party convention that remains at least a few months away. The new ruling party leader-to-be was a judge in Seoul before he s
PoliticsApril 29, 2024
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Korean franchises eye Japan, riding high on K-food trend
Korean food and beverage companies are increasingly entering the Japanese market in pursuit of broader opportunities, largely driven by a saturated market at home and to capitalize on the rising popularity of Korean cuisine in the neighboring country. As of 2023, Japan saw a total of 19 Korean food franchises operating a combined 133 branches nationwide. According to the state-run Korea Agro-Fisheries & Food Trade Corp. (aT), Japan was the fourth most popular destination for Korean franchise
IndustryApril 29, 2024
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Seoul to deploy more military doctors to fill med prof void
The Korean government said Monday it would deploy additional medical personnel to maintain health care services as medical professors are due to resign or take weekly breaks starting this week. During Monday’s government response meeting, Health Minister Cho Kyoo-hong said the government would mobilize “all possible measures” to support the emergency medical system by dispatching more health care staff, such as public health doctors or military medical doctors, so that patients
Social AffairsApril 29, 2024
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[Herald Interview] Mom’s Touch seeks to replicate success in Japan
Renowned for its signature spicy thigh patty burgers, Mom’s Touch has established itself as a dominant player in South Korea’s fast-food landscape, with the highest number of branches here, despite its relatively late entry to the market. Celebrating its 20th anniversary this year, the fast-food chain has ventured into the Japanese market with the opening of its inaugural branch in Tokyo's Shibuya district on April 16. Mom’s Touch CEO Kim Dong-jeon revealed that the decisi
CompaniesApril 29, 2024
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"The Plot," rife with unexpected twists, will showcase Gang Dong-won at his coldest
South Korean crime flick "The Plot," starring Korean heartthrob Gang Dong-won, will see the actor in his coldest persona yet, alongside a narrative rife with unexpected twists. "The Plot" follows the story of Yeong-il, (Gang Dong-won) whose job is to arrange commissioned contract killings to seem like accidents. As the story unfolds, Yeong-il is unexpectedly involved in a series of events which leads him to believe that this time, he is targeted for a murder disguised as an a
FilmApril 29, 2024
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[Photo News] Boosting Korea-China ties
SK Group Chairman Chey Tae-won (left), who doubles as chair of the Korea Chamber of Commerce and Industry, and Bi Jinquan, executive vice chairman of the China Center for International Economic Exchanges, a state think tank, meet in Beijing on Monday to discuss ways to expand economic cooperation between the two countries. This meeting was held to check on the implementation status of the agenda items discussed at the fourth edition of the Korea-China High-Level Economic Dialogue, jointly hosted
EconomyApril 29, 2024
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ReWorld Forum hosts large, small firms to discuss energy transformation plans
Officials from large and small firms, business experts and government officials gathered at the ReWorld Forum 2024 in Seoul on April 24 to exchange ideas on how South Korea should realize RE100 and work toward decarbonization. RE100 is the global corporate renewable energy initiative of businesses committed to achieving 100 percent renewable electricity. According to the SDX Foundation, the non-profit organization responsible for hosting the event, the forum saw around 400 participants. ReWorld
Social AffairsApril 29, 2024
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KT explores synergy between AI, media
South Korean telecom carrier KT Corp. said Monday it is expanding its advanced artificial intelligence technology to the group’s entire media business, from content investment and production to marketing and control, to accelerate innovation. "The media business is one of KT's three core businesses, along with communications and AI,” Kim Hoon-bae, executive vice president of the media platform business unit at KT, said in a press conference held earlier in the day in Seou
TechnologyApril 29, 2024
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MBK chief donates $25m to Haverford College
MBK Partners Chairman Michael ByungJu Kim has recently donated $25 million to his undergraduate alma mater, Haverford College, according to the asset manager's announcement on Monday. The $25 million donation, the largest amount in the school's history, was made on April 23. It will fund the establishment of the Institute for Ethical Inquiry & Leadership at the liberal arts college in Haverford, Pennsylvania. “Ethical inquiry is at the core of a Haverford education, and leade
IndustryApril 29, 2024
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[Bridge to Africa] Tanzania marks Independence Day, lauds Korea’s support
The Tanzanian Embassy celebrated the country's 60th Independence Day while lauding Korea’s unwavering support over the years on Friday. The occasion marked the formation of the United Republic of Tanzania on April 26, 1964, when Tanganyika and Zanzibar united to form a single nation. Tanganyika gained independence from British rule in December 1961, followed by Zanzibar’s freedom through a revolution on Jan. 12, 1964. "Tanzania" symbolizes the unity between the mainlan
Foreign AffairsApril 29, 2024
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Over half a million S. Koreans hold multiple jobs: data
The number of South Koreans working multiple jobs surpassed 500,000 in the first quarter of this year, with older people taking up a large proportion of such workers. A total of 552,000 people here had at least one additional job while working full time in the first quarter, according to Statistics Korea data. This marked a 22.4 percent increase compared to the 451,000 tallied in the same period in 2023. While the overwhelming majority of the working population still only has one job, the perc
EconomyApril 29, 2024
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Police investigating 10 men after suspected gang fight near Haeundae Beach
Police in Busan on Monday said they are investigating 10 men in their 30s in connection to a violent incident that took place near Haeundae Beach last week. Police suspect the men are members of a local gang. According to the Busan Haeundae Police Station, a fight broke out between two men in the entertainment district near the beach on April 24. The situation escalated as the two men called for back up and more men joined in the brawl about 90 minutes later. The men reportedly fought in group
Social AffairsApril 29, 2024
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'Moon of Seoul' balloon ride prepares to take flight in June
The Seoul Metropolitan Government said Monday that it has commenced preparations for installing the "Moon of Seoul" tethered helium balloon ride at Yeouido Hangang Park, with operation set to start in June. Basic landscaping will precede the installation of the moon-shaped balloon, which is currently under construction in France. The balloon will then be brought to Seoul to undergo safety inspections following the Aviation Safety Act. "Safety is our priority in installing (Moon of
TravelApril 29, 2024
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Beloved singer attracts fans, customers to JungKwanJang stores
Korea Ginseng Corp., a global leader in ginseng production, has significantly enhanced its brand positioning and visibility through its marketing strategies that prominently feature Lim Young-woong. Lim, a trot singer with an avid fan base, has recently been named the ginseng brand's brand model. The marketing campaign kicked off with the release of an advertisement featuring Lim on YouTube on Wednesday, which rapidly gained traction by accumulating over 2 million views within 40 hours. The
IndustryApril 29, 2024
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CJ's Tous Les Jours debuts in Cambodia
CJ Foodville said Monday it has opened two new Tous Les Jours branches in Cambodia, as part of efforts to broaden its foothold in Southeast Asia. The two new branches, which opened Friday in Kam Puchea Kroum and Toul Tom Poung in the country’s capital, Phnom Penh, mark the first locations for CJ Foodville to showcase the Tous Les Jours brand in the country. According to the company, both of the new branches feature a hybrid concept of cafe and bakery elements, boasting a selection of over
CompaniesApril 29, 2024
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[Photo News] Kumho in Europe
Kumho Tire held a brand experience day at the Vairano Circuit in Milan on April 21 to offer European dealers hands-on experiences with the Korean brand, the tire maker said Monday. The company plans to bolster its presence in the European market even further, as it has seen an average of 20 percent annual growth rate in its regional revenue over the last five years. The Korean tire maker has set out the record-high goal of reaching 4.56 trillion won ($3.3 billion) in annual sales this year after
MobilityApril 29, 2024
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Medical tourists to Korea rises to record high of 606,000
South Korea attracted a record number of 606,000 foreign national patients in 2023, mainly for dermatological treatments and plastic surgery, the Health Ministry said Monday. The Ministry of Health and Welfare announced that the number of foreign national patients visiting Korea has hit a record high at 606,000, up 2.4 times from a year earlier, 248,000. This is the highest ever since 2009 when the ministry started to compile the number of foreign patients. Also, this figure is 1.2 times higher
Social AffairsApril 29, 2024