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cap-bathhouses
Indian Embassy celebrates 74th Republic Day
Twice wins at 2023 Billboard Women In Music
[Land of Squid Game] Reaching across the table to grab something
8TURN aims to become new sensation unlike any other
Ex-lawmaker Yoo bows out of ruling party leadership race
Ex-nat'l security adviser quizzed in N. Korean fishermen repatriation probe
Chasing knockout berth at Women's World Cup, top scorer sees parallels with men's tournament
S. Korea's new COVID-19 cases rise to nearly 20,000 amid downward trend
Samsung’s Q4 profits plunge on weak chip demand
Industrial output down 1.6 % in December amid weak exports
US House resolution seeks to denounce socialism, N. Korean leaders
Adversary that challenges S. Korea challenging Seoul-Washington alliance as whole: US defense chief
[Graphic News] About 1 in 20 young Seoul residents live in social isolation due mainly to unemployment
[Editorial] Unjustifiable silence
[Joseph E. Stiglitz] How not to fight inflation
[Gernot Wagner] Realism about techno-optimism
Italian artist Maurizio Cattelan's dark humor unfolds at Leeum Museum of Art
[Herald Interview] Violinist Esther Yoo reflects on two years of self-rediscovery
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Industry
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Retail
S. Korea to have 30% of businesses utilize AI technologies by 2030
Technology
Jan 13, 2023
South Korea plans to have 30 percent of local companies adopt artificial intelligence technologies by 2030 to beef up competitiveness of local industries, the industry ministry said Friday. The target marks a sharp rise from the current estimate of 1 percent, according to the Ministry of Trade, Industry and Energy. "In a mid-and-long term perspective, (the government) plans to proactively find ...
SK Energy joins hands with state-run power supplier for future car charging stations
Industry
Jan 13, 2023
SK Energy Co., a major South Korean oil refiner, said Friday it is joining hands with a state-run electric power supplier to build electric vehicle charging infrastructure at traditional gas stations across the country. SK Energy will work with Korea Hydro & Nuclear Power Co. to build "energy super stations" that provide both refueling of internal combustion engine vehicles and charging of EVs, ...
[Photo News] Paying tribute
Industry
Jan 12, 2023
Lotte Group Chairman Shin Dong-bin lays a flower in front of a statue of the food giant's late founder and his father, Shin Kyuk-ho, in commemoration of the third anniversary of his death, at Lotte World Tower in Seoul, Thursday. The Lotte chairman on the same day convened a CEO meeting across affiliates to discuss the retail giant's mid- to long-term management plans and analyze this year's busi...
Hyundai Motor Group chief named MotorTrend Person of the Year
Transport
Jan 12, 2023
Chung Euisun discusses flexible implementation of IRA with visiting US official
Naver becomes biggest shareholder in Spain's No. 1 resell platform
Retail
Jan 12, 2023
In continued efforts to expedite its foray into the global consumer-to-consumer, or C2C, market, e-commerce platform Naver recently became the largest shareholder of Spanish secondhand marketplace Wallapop with an investment worth 75 million euros ($80.7 million), according to industry sources Thursday. Following Naver's investment worth 115 million euros made in last February to acquire 10 perc...
SKT, Joby aim to speed up Korean-style UAM
Technology
Jan 12, 2023
South Korea’s largest wireless carrier, SK Telecom, and US aviation company Joby Aviation said Thursday they advanced a strategic partnership for a boost in the commercialization of Korean-style urban air mobility, or UAM. Joby Aviation recently invited officials from the Ministry of Land, Infrastructure and Transport, the Korea Institute of Aviation Safety Technology, and the Korea Aerospace Re...
LG Electronics’ OLED evo collects awards at Visual Grand Prix
Technology
Jan 12, 2023
LG Electronics revealed on Thursday that its OLED evo received the highest honor, the VGP Gold award, in the 50-to-60-inch and under-45-inch OLED TV categories at the Visual Grand Prix 2023. The product also received the Critics Award in the visual category. The VGP is an annual audio-visual (AV) awards event held by Japanese AV media outlet Ongen Publishing. Devices are judged by experts and el...
Samsung Biologics to enter antibody-drug conjugate market
Technology
Jan 12, 2023
CEO unveils plans for further production expansion; dismisses oversupply concerns, citing aging population, healthcare demand
[KH explains] Apple’s move to ditch Korean displays met with skepticism
Industry
Jan 12, 2023
Experts see limited impact, citing tricky production of still-nascent microLED technology
Hana Financial chief visits Google amid big digital push
Industry
Jan 12, 2023
While staying in the US to attend the 2023 Consumer Electronics Show, Hana Financial Group Chairman Ham Young-joo took time to visit Google Bay View Campus on Friday. According to the group, Ham intended to get some inspiration for digitalization through communicating with employees of the global IT firm. “It was a meaningful time to think about the future path of the group together with young ...
[Photo News] Utility vehicle of year
Transport
Jan 12, 2023
Kia's EV6 has won the North American Utility Vehicle of the Year award, Hyundai Motor Group announced Thursday. This year's winner was selected by 50 automotive journalists in the US and Canada. The South Korean automaker said over 19,000 EV6s have been sold in the US since February.
Temporary owners of two homes to be given more leeway on taxes
Industry
Jan 12, 2023
South Korea's finance ministry said Thursday owners of two homes will pay less taxes if they dispose of one of them during an extended period amid a slump in the home market. Under the plan, such homeowners will not be subject to heavier taxation if they offload one of the two homes within a three-year period, according to the Ministry of Economy and Finance. The ministry earlier extended the p...
Hanwha Solutions to invest W3.2tr in US solar energy business
Industry
Jan 11, 2023
S. Korean energy company to have 8.4-gigawatt production by 2024, enough for 1.3 million households
Lotte Biologics pledges $3b to beef up production at home
Technology
Jan 11, 2023
By Shim Woo-hyun Korea Herald correspondent SAN FRANCISCO -- Lotte Biologics will invest around $3 billion by 2030 to build new CDMO plants in South Korea, Lotte Biologics CEO Richard Lee announced during the company’s presentation at the 41st JPMorgan Healthcare Conference held in San Francisco, Tuesday. The investment will go toward building three plants, with a combined manufacturing capaci...
After record earnings, banks feel pressured to lower lending rates
Industry
Jan 11, 2023
Piecemeal rate cuts don't seem enough to relieve borrowers' heavy burdens
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Indoor masking eased, with hope, confusion
S. Korea's new COVID-19 cases fall to seven-month low; indoor mask mandate lifted
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[From the Scene] Koreans remain cautious over eased masking rule
Samsung hires ex-Ericsson execs to boost network business
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Father reports son to police over drug use at home
[NPS in Action] Korea's pension fund, under pressure, hunts for gains in foreign stocks
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What’s behind N.Korean criticism of US’ Ukraine support?
Winter illnesses increase
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[KH Explains] In land of Hyundai-Kia, smaller carmakers struggle for survival
[Herald Interview] TTMIK CEO on upgrading online Korean learning
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