Most Popular
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
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Second Gimpo civil servant found dead, after apologizing for not finishing work
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DP leader says he will meet Yoon without conditions
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First-ever meeting of president, opposition chief set to finally happen
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NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
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Experts raise concerns about Japan putting pressure on Naver over Line
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Samsung mobile chief, Google device head meet in Seoul
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Blinken calls on China to press N. Korea to end its 'dangerous' behavior
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Ship linked to NK arms shipments to Russia is moored in China: State Dept.
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[Advertising Award] Galaxy Note 5 boasts Samsung’s phablet leadership
Principal Awards / Grand PrizeSamsung ElectronicsThe commercial gained positive reviews among customers as it described Samsung Electronics’ relentless innovation as the phablet market leader in an intuitive and sophisticated manner. The latest Galaxy Note 5 boasts improved functionality and design. The signature stylus S Pen has more functions. Users can write on the screen even when the phone is not activated. Our TV commercial also aims to highlight bright moments of our daily lives due to t
Oct. 30, 2015
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[Advertising Award] Commercials that open the heart
At times of economic recession, customers tend to close their wallets and businesses tend to try to reduce commercial costs, as the effects of commercial are not as immediate, especially considering the cost of creating them. However, companies should be aware that commercials open customers’ hearts, and eventually their wallets. During an economic downturn, customers are conflicted as the urge to spend and the urge for restraint clash with each other. In this case, companies should solve such i
Oct. 30, 2015
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Over 20% of public firms found to be 'zombies'
More than one in five South Korean public firms was found to be unprofitable and highly indebted, data showed Friday, pointing to the need for reforms to save taxpayers' money. Some 40 out of the country's 190 state-run companies and public institutions, or 21.1 percent, turned out to have failed to generate a large enough operating profit to pay taxes and interest payments as of the end of 2014, according to the data compiled by corporate tracker Chaebul.com.The data was based upon the public f
Oct. 30, 2015
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Samsung Heavy faces cancellation of ship order upon delivery
Samsung Heavy Industries Co., a major South Korean shipbuilder, is facing cancellation of an order for a $181 million drill ship that has already been built and is ready for delivery, the company said Thursday.The ship, Pacific Zonda, was set to be delivered to Luxemberg-based Pacific Drilling on Tuesday, but the offshore drilling company has refused to accept the delivery and said it was canceling the order, company officials said.Pacific Drilling cited a delay in delivery, which was originally
Oct. 29, 2015
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Creditors to pump W4.2tr into DSME
Creditors of Daewoo Shipbuilding & Marine Engineering Co. will pour 4.2 trillion won ($3.68 billion) into the ailing shipyard to help it get back on track, the main creditor bank said Thursday.The cash injection is part of a comprehensive plan crafted by the main creditor Korea Development Bank and others to rescue the troubled shipbuilder. The plan also includes restructuring measures and, in the long run, a privatization scheme. (Yonhap)Daewoo, the world’s top shipbuilder by order backlogs, ha
Oct. 29, 2015
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KFS steps up forest biomass business
The Korea Forest Service will lumber 300 hectares of trees per year in Indonesia starting from 2016 to produce wood pellets for fuel in a forest biomass project to foster Indonesia’s energy industries and cope with climate change.The forest maintenance agency outlined the plan at a two-day international symposium on forest biomass held in Semarang, Indonesia, since Wednesday, where it presented the Korean government’s policy on forestry and its investment in forest plantation in foreign countrie
Oct. 29, 2015
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AmorePacific helps cancer patients overcome distress
Over 500 AmorePacific employees have offered beauty care tips to Korean female cancer patients who have suffered changes in their appearance due to chemotherapy and other treatments this year, the company said. The program is part of AmorePacific’s key corporate social responsible initiative called “Make Up Your Life,” which the country’s largest cosmetics maker has been working on since 2008. “The campaign is designed to help patients overcome the emotional distress and depression they experien
Oct. 29, 2015
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KEPCO wins smart grid project in Dubai
The state-run Korea Electric Power Corp., the nation’s largest utility company, said Thursday it had inked a $3 million smart grid project deal in Dubai with Dubai Electricity & Water Authority.It is KEPCO’s first entry into the Middle East as a smart grid solution provider. KEPCO CEO Cho Hwan-eik (left) poses with DEWA managing director and CEO Saeed Mohammad al-Tayer after signing a contract in the United Arab Emirates on Wednesday. KEPCOUnder the deal, KEPCO will build a smart grid station w
Oct. 29, 2015
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Daewoo E&C receives ISO certification
Daewoo Engineering and Construction has won the ISO 22301 standardization certification, becoming the first Korean builder to have received such recognition, company officials said.Awarded by the International Organization for Standardization, the ISO 22301 certification is an international standard for business sustainability, which is the ability for a company to resume operations after natural disasters or major conflicts.The certification shows that Daewoo E&C has world-class business sustai
Oct. 29, 2015
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Booyoung chairman releases book on colonial era
Lee Joong-keun, chairman of Booyoung Group, a construction giant, released “Before Dawn, 36 Years, 12,768 days,” a chronological document of the Japanese colonialization era. Lee held a publication event Thursday at the Sejong Center for the Performing Arts in Seoul.The book was published through his publication company Woojung Books. It is his third history book, published after “The Korean War, 1,129 Days” and “Independence, 1,775 Days.”The new book documents facts and events that took place f
Oct. 29, 2015
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Dongsuh Food shares art and culture
Dongsuh Food, which led the introduction of coffee in Korea, has been active in funding art and culture through a variety of philanthropic activities, company officials said.Some of their numerous campaigns include Dongsuh’s “Dongsuh Coffee Classic,” a free classical music concert to communicate with local governments and develop classical music. The program, started in 2008, has opened annually in major cities across Korea.The company also showed value for the arts through the cultural asset fo
Oct. 29, 2015
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FILA Korea to reemerge as ‘stylish performance’ brand
FILA is seeking to reinstate itself as a more stylish and trendier sportswear brand focused on high-performance apparel, as it undertakes a major overhaul of its former product lineup and takes on a new brand identity. Led by its new executive vice president and creative director Jung Ku-ho, FILA Korea has directed its central focus on performance wear, while lowering its target customer base to those in their 20s and 30s. FILA Korea president Kim Jin-myun (right) and executive vice president J
Oct. 29, 2015
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[Photo News] Dongsuh Food holds 8th annual concert
DONGSUH FOOD HOLDS ANNUAL CONCERT -- Dongsuh Food holds its 8th annual “Dongsuh Coffee Classic Concert” on Wednesday. The concert is one of Dongsuh’s many cultural philanthropy projects, performing free classical music concerts in Seoul, Busan and five other cities. Dongsuh Food
Oct. 29, 2015
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[Design Forum] Janne Kyttanen reckons world of 3-D design
Janne Kyttanen is arguably one of the pioneers of three-dimensional design. Since his firm 3D Systems acquired Freedom of Creation in 2011, he has been delving into the world of 3-D printable high-end consumer design. From fluidic-shaped stools to high-rising killer heels, Kyttanen drew global attention by infusing the 3-D techniques to the aesthetic but practical world of 3-D design. And at the Herald Design Forum, Kyttanen will share his view on 3-D printing that brought revolution to the fash
Oct. 29, 2015
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Thinking outside the box turns ointment into beauty cream
The success of the Physiogel cream is the journey of marketers thinking outside the box. The dermatological moisturizer stayed on pharmacy shelves for a long time as a psoriasis treatment, but became one of the most-loved skin care remedies here after being promoted as a miraculous cream for the face and body. Since 2013, the cream has marked more than 30 percent sales growth each year ― over 70 percent in 2014 particularly ― and the marketing of Physiogel in South Korea has become a global sens
Oct. 29, 2015
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Bringing back hanbok globally
Hwang Lee-sl, CEO of hanbok shopping mall LEESL wants to reclaim hanbok as regular wear.“Many know the value and excellence of hanbok, but not many bring it into everyday life. I always wanted to show that you can wear hanbok in everyday life,” said Hwang. Screenshot of LEESL websiteHwang, 29, shows herself in social media wearing the traditional Korean outfit while shopping, drinking coffee and clubbing to show how easy it is to wear hanbok in everyday life.LEESL (www.leesle.com) hanbok are mod
Oct. 29, 2015
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Bringing back hanbok globally
Hwang Lee-sle, CEO of hanbok shopping mall LEESLE, wants to reclaim hanbok as regular wear.“Many know the value and excellence of hanbok, but not many bring it into everyday life. I always wanted to show that you can wear hanbok in everyday life,” said Hwang.Hwang, 29, shows herself in social media wearing the traditional Korean outfit while shopping, drinking coffee and clubbing to show how easy it is to wear hanbok in everyday life. Screenshot of LEESLE websiteLEESLE (www.leesle.com) hanbok ar
Oct. 29, 2015
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Chinese EV maker BYD to unveil latest model in Korea
BYD Co., a major Chinese electric vehicle manufacturer, plans to start selling one of its latest models in South Korea next year in a bid to tap into the local market with a high growth potential, company and industry sources said Thursday.BYD, which is based in Shenzhen, China, will showcase the updated version of the e6 for the first time in South Korea during an expo in March on the southern resort island of Jeju before starting its official sales, according to the sources."During the expo, w
Oct. 29, 2015
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Hyundai sells 10 millionth vehicle in U.S.
Hyundai Motor has sold its 10 millionth vehicle in the United States, the company said Wednesday, a milestone that came 29 years after the largest South Korean carmaker entered the American auto market.Hyundai began selling cars in the U.S. in 1986, with the export of the subcompact Excel. The company has since expanded its presence in the U.S. market, led by sales of such all-time best-selling models as the Sonata mid-size sedan and the compact Elantra."The United States has been a key region o
Oct. 29, 2015
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HanmiGlobal confident about growth in Japan
HanmiGlobal, Korea’s leading construction management firm, has entered the Japanese market, setting up its local branch Otak Japan this month.Otak is the corporate name of the U.S.-based engineering firm that HanmiGlobal took over in 2011 to strengthen its urban design and engineering capability. With a foothold in Japan, the company runs business operations in 11 countries, including the U.S., China and Saudi Arabia. HanmiGlobal chairman Kim Jong-hoon“The company has sought entry into the conse
Oct. 28, 2015