Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Seoul to more than double military drones by 2026 to counter NK threats
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Key suspects grilled over alleged abuse of power in Marine death inquiry
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Seoul alerts overseas missions to NK terror threats
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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[Graphic News] Number of coffee franchises in S. Korea rises 13%
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Government to introduce travel passes for foreigners
South Korea will sell new multiple-ride transit passes from December to foreigners visiting the capital area for their convenience, the government announced on Wednesday.The plan was part of a set of measures jointly announced by the Prime Minister’s Office and the Ministry of Land, Transport and Ma
Oct. 20, 2011
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FTC intensifies probe into department stores, vendors for unfair biz terms
SEOUL, Oct. 20 (Yonhap) -- South Korea's antitrust watchdog will launch a stepped-up investigation into the business terms of local department stores and vendors as part of efforts to establish a fair trade environment in the retail sector, its head said Thursday.The toughened stance comes after the
IndustryOct. 20, 2011
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Hana Financial denies report of cutting KEB takeover price
(Yonhap News) -- Hana Financial Group on Wednesday denied a local report that it has asked Lone Star Funds to cut the sales price for Korea Exchange Bank (KEB), which South Korea's No. 4 banking group is trying to take over. In July, Hana agreed with the U.S. buyout fu
Oct. 19, 2011
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Samsung Electronics ranks 22nd global green company: Newsweek
South Korea’s technology giant Samsung Electronics Co. ranked 22nd on a list of the world’s top environment-friendly companies released by the U.S. magazine Newsweek on Wednesday.In the Newsweek Green Global 500 Ranking, Samsung soared 32 notches from its 54th place finish last year, to take the hig
IndustryOct. 19, 2011
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2012 growth rate forecast to miss growth potential
South Korea’s real economic growth rate is expected to hover below the country’s growth potential in 2012 due to the global economic slowdown, private think tanks said Wednesday.According to the Samsung Economic Research Institute), the nation’s inflation-adjusted growth rate for next year is estima
Oct. 19, 2011
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GS chairman stresses crisis management
GS Holdings plans to spin off energy divisionGS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure
IndustryOct. 19, 2011
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KFS leads global drive against deforestation
Senior officials from governments and international organizations attend the opening session of the UNCCD COP 10 in Changwon, South Gyeongsang Province, on Monday. (Yonhap News)Changwon Initiative seeks common standards, increased fundsKorea Forest Service Minister Lee Don-koo on Wednesday vowed to
IndustryOct. 19, 2011
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Forum agrees on plans for land management
U.N. Secretary-General Ban Ki-moon delivers a congratulatory video message for the opening of the senior officials’ session of the UNCCD COP 10 in Changwon on Monday. (Yonhap News)The world’s only legally binding forum against desertification announced on Tuesday its roadmap, dubbed the Changwon Ini
Oct. 19, 2011
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New vision needed for nature and development
Fahad Al Attiya, chairman of the Qatar National Food Security ProgramI welcome you to Korea, where nature and development are in perfect harmony. I am happy to hold the 10th Conference of Parties to the United Nations Convention to Combat Desertification in Changwon, South Gyeongsang Province, under
Oct. 19, 2011
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Land for Life Award an example of incentive
The following is the press statement released by UNCCD Executive Secretary Luc Gnacadja on Oct. 17 at the UNCCD COP 10 forum in Changwon, South Gyeongsang Province. ― Ed.As you know, we are now halfway through COP10. This is a good opportunity to highlight some of the outcomes achieved so far, befor
Oct. 19, 2011
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Robot helpers
Incheon Airport Customs officials stand in line as a robot delivers scissors to cut the tape to appoint robots as promotion agents at the Incheon International Airport on Wednesday. The robots from the Ministry of Knowledge Economy will provide information on entering the country and customs r
IndustryOct. 19, 2011
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Qatar’s Al Attiya calls for systematic effort to fight desertification
Fahad Al Attiya, chairman of the Qatar National Food Security Program, said a systematic effort was needed to tackle expanding desertification in order to protect the environment. “Qatar, a small country, has been exposed to drought, land degradation and desertification and has withstood its impact
Oct. 19, 2011
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Statement on Land for Life Award
The following is the press statement released by UNCCD Executive Secretary Luc Gnacadja on Oct. 17 at the UNCCD COP 10 forum in Changwon, South Gyeongsang Province. -- Ed.As you know, we are now halfway through COP10. This is a good opportunity to highlight some of the outcomes achieved so far, befo
Oct. 19, 2011
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Hoping to see countries compete to plant trees
South Gyeongsang Governor Kim Du-kwanRespected executive secretary of the United Nations Convention to Combat Desertification Luc Gnacadja and representatives from each country, we welcome your visit to South Gyeongsang Province. Also we highly appreciate the U.N. General Assembly President Nassir A
Oct. 19, 2011
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Let’s give life to desolate land
Prime Minister Kim Hwang-sik (Yonhap News)I am here to congratulate the 10th Conference of Parties to the United Nations Convention to Combat Desertification.President Lee Myung-bak was not able to join us here today, but he was very delighted that the UNCCD is held in South Korea this year.The pres
Oct. 19, 2011
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Motorola unveils slim smartphone in Korea
Motorola Inc. unveiled its new super-slim smartphone in South Korea on Wednesday in an effort to establish a presence in the market dominated by the Galaxy S and iPhone.Motorola, the biggest U.S. mobile handset maker, said it plans to release its RAZRTM in the domestic market next month. It will be
IndustryOct. 19, 2011
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Korea, Brazil agree to boost trade, investment
South Korea and Brazil have agreed to expand their bilateral trade and investment as part of efforts to boost their overall economic cooperation, officials said Wednesday. The countries also shared the view that they and other emerging countries should keep their fiscal health strong enough to shiel
Oct. 19, 2011
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Korea, France to hold seminar on nuclear power promotion
The Korea Nuclear Energy Promotion Agency will hold a seminar to raise awareness of nuclear power on Friday at the National Assembly, KONEPA officials said Wednesday.A series of events hosted by KONEPA including Friday’s seminar and workshops have been taking place to ease public anxiety after the J
Oct. 19, 2011
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Seoul runs job fair for U.N., global finance bodies
The government plans to run a recruitment drive for Korean posts at United Nations agencies and other international institutions this Friday at Korea University in Seoul, the Finance Ministry said Wednesday.Finance Ministry and Foreign Ministry officials will explain the work and personnel policies
Oct. 19, 2011
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Buyers line up for savings banks
Potential bidders include Hyundai, Korea Investment and KiwoomCompetition to take over distressed savings banks has grown heated among investors after financial authorities began the process of selling six savings banks on Friday.The stock brokerage sector has emerged as the most active investor in
Oct. 19, 2011