Herald Design Forum in Seoul Oct. 5-6

Herald Media, the publisher of The Korea Herald and Herald Business, is holding the first iDEA Herald Design Forum on Oct. 5 and 6.The iDEA forum, (short for information, design, entertainment academy) will bring together leading designers and futurologists from across the world to hold discussions

IndustryAug. 3, 2011

Seoul markets hit by U.S. woes

The nation’s financial markets on Wednesday reflected worse fiscal conditions of the United States and European countries, seeing most key indices negatively affected.In the wake of anxiety that the U.S. economy could enter into a double-dip recession, local stocks tumbled and the Korean won lost gr

Aug. 3, 2011

Lotte Mart to launch half-priced sauces

Lotte Mart will launch its new range of discount products on Thursday ― half-priced instant stews in curry and “jjajang,” or black bean sauce, flavors. Even though their quantity has been doubled to 300 grams, the products’ price stands at 1,400 won ($1.32), matching other 150-gram products, the nat

IndustryAug. 3, 2011

Amore Pacific takes over French perfume brand

Beauty firm aims to strengthen dominance in global marketAmore Pacific Corp. said Wednesday that it has completed a deal to take over French luxury perfume brand Annick Goutal on Tuesday. It was the first overseas merger and acquisition case for the nation’s largest cosmetics maker with nearly 40 pe

IndustryAug. 3, 2011

Rickety bullet trains rankle rail travelers

A string of KTX breakdowns dampens confidence in homegrown technology, stokes safety concernsCustomers around the country have vented fury over Korea’s flaw-ridden high-speed trains, calling for better safety measures from operators and builders.A series of accidents and breakdowns have marred the r

IndustryAug. 3, 2011

Most listed firms ignore social responsibility

The majority of South Korea’s listed companies are not fulfilling their social responsibilities and that can put a crimp in their sustainable growth in the future, a report said Wednesday.The report based on a study of 668 listed companies showed 575 firms, or 86 percent of the total, scored “weak”

IndustryAug. 3, 2011

iDEA 2011 to offer students chance to showcase ideas

University students will be offered a chance to showcase their ideas and designs at the design presentation contest The Korea Herald plans to host on the sidelines of the iDEA Herald Design Forum 2011. A total of 10 teams will be selected to compete for the finals on Oct. 5, the day the Herald Media

IndustryAug. 3, 2011

World-class experts to join Herald Design Forum

The iDEA Herald Design Forum will be attended by some of the most distinguished names in industrial and urban design.Leading the roster of design experts are Christopher Bangle, the automobile designer best known for his work at the BMW Group’s design team, brand futurist Martin Lindstrom and Simon

IndustryAug. 3, 2011

Premium design forum coming to Seoul

 Electric fans without blades, USBs shaped like bookmarks and black washing machines ― these are some of the inspired recipients of the Red Dot Design Award, regarded as one of the highest honors in the world of design. Industry watchers say consumers have fallen in love with the products becau

IndustryAug. 3, 2011

Google+ the fastest-growing social network ever

WASHINGTON (AFP) ― Google is a latecomer to social networking but its new site, Google+, is growing much more rapidly than Facebook, Myspace and Twitter did in their early days, technology experts said Tuesday.While Google+ may be the fastest-growing social network ever, it remains to be seen, howev

IndustryAug. 3, 2011