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[Antara Haldar] Trump’s lessons for defending the rule of law
[Editorial] Minimize side effect
[Hwang's China and the World] Seeking a crack for cooperation amid the tension between the US and China
Yoon's disapproval rating exceeds approval rating in latest poll
S Korea-China-troop remains return
Music in PyeongChang opens with masks in focus
Rival parties fail to strike deal on new legislative leadership
Fiscal chief vows extra W40tr to help exporters
‘Broker’ wins top prize at Munich International Film Festival
What to see in Samcheong-dong galleries this week
Retail inflows at 2-year low as recession worries mount
[Newsmaker] 'Revolutionary' high court term on abortion, guns and more
No. overseas travelers surpasses 1 million mark in June
Korea to trial state sick pay scheme
Wagon, hatchback make a comeback as more drivers seek practicality
FM hints at military cooperation with Japan, US
S. Korea’s COVID-19 cases rebound, raise concerns over summer surge
Yoon touts nuclear energy, green tech, chips as strengths
[Exclusive] SK Pharmteco to invest extra $30m for Irish plant expansion
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Hyundai Engineering expands nuclear power plant business
May 31, 2022
Hyundai Engineering (HEC) set up a new division for nuclear power projects as it seeks to develop its own small modular reactors (SMR). What was previously a team has been expanded and elevated to a division, and more nuclear power specialists will join, the company said. In addition to SMRs, Hyundai Engineering plans to produce micro modular reactors and hydrogen; enter new fields such as deco...
Hyundai E&C remediates dioxin-contaminated soil at US Army base in Incheon
May 30, 2022
Hyundai Engineering & Construction successfully remediated a large amount of dioxin-contaminated soil for the first time in South Korea. According to Hyundai E&C on Monday, the project of remediating 11,031 cubic meters of dioxin-contaminated land at Camp Market -- a US Army installation situated in Bupyeong-gu, Incheon -- was successfully completed after two years and 11 months of work. The co...
Are ‘Samsung plant,’ ‘Apple branch’ empty promises?
May 30, 2022
Ahead of Wednesday’s local elections, candidates are making their last-minute plea for votes, with some of them talking big to take advantage of big name companies and their huge investment plans unveiled recently. Politicians offering populist pledges is nothing new during election campaigns, but this year their rhetoric appears to have gained some weight as they come along with a series of new...
[Photo News] Fresh Monday
May 30, 2022
Buses are seen operating in central Seoul on Monday. Bus and taxi drivers are eligible for the COVID-19 cash handouts worth 3 million won ($2,400) as part of the government‘s 62 trillion won extra budget bill, which was approved by the parliament on the same day.
Korea to double chip talents
May 30, 2022
Government, science institutes, companies to strengthen cooperation to foster more chip professionals
Unspent value on prepaid coffee cards, online coupons record W270b—mostly from Starbucks
May 30, 2022
The South Korean coffee industry has accumulated approximately 270 billion won ($216 million) worth of unspent stored value on prepaid cards and online coupons, said People’s Power Party lawmaker Yun Chang-hyun on Monday, citing a report from the Fair Trade Commission. About 92 percent of the unredeemed balance -- 250 billion won out of the 270 billion won -- came from Starbucks Korea, according...
LS seeks new momentum in electrification
May 30, 2022
As he took office in January, LS Group Chairman Koo Ja-eun vowed an “ambidextrous management” to maximize synergy between existing core businesses and new businesses for the future. “With advanced technology in electricity and materials in one hand, and future technologies such as artificial intelligence, big data and Internet of Things in the other, we will offer solutions of customer-oriented ...
SK Broadband bolsters ESG management
May 30, 2022
South Korean internet provider SK Broadband has said it will broadcast movies recognized at the 19th Seoul International Eco Film Festival on its internet protocol television platform B tv starting Thursday. The movies screened at the festival will be broadcast exclusively on B tv and Mobile B tv platforms four times a day between June 2 and June 8. SK Broadband has been sponsoring the event for...
Remote work tests S. Korea's corporate hierarchy, culture
May 29, 2022
Once unthinkable, working from home in high demand by younger workforce that values performance over loyalty
Collaboration new marketing strategy in Korea’s alcohol industry
May 27, 2022
Korean food company SPC Group also said Thursday that it has partnered with local traditional Korean makgeolli brewery house Seoul Jangsoo to launch a non-alcoholic makgeolli milkshake through SPC Group’s coffeehouse-to-bakery brand Paris Baguette. “Makgeolli is being rediscovered among the Millennial and Gen Z as a trendy drink,” said a Paris Baguette official, referring to customers in their 2...
Manufacturing, retail giants unload 5-year plan to spur future growth
May 26, 2022
South Korea’s manufacturing and retail conglomerates released a combined 115 trillion won ($90 billion) investment plan on Thursday to achieve low-carbon digital transformation and create new jobs, joining a relay of announcements heralding a business-friendly new administration. Steelmaking giant Posco Group said it would invest 53 trillion won to pursue eco-friendly steelmaking by deploying el...
Convenience stores frequented by men more than women: data
May 26, 2022
South Korean men shop at a convenience store more often than women, with men in their 20s visiting most often among all age groups of both men and women, at nine times a month on average, according to data released by Samsung Card on Thursday. In the first quarter this year, men using the firm’s card visited a convenience store 6.3 times a month on average, while women shopped there 3.9 times a ...
SK to spend W247tr on chips, battery, biopharma over next five years
May 26, 2022
Big conglomerates' flurry of announcements seen as move to drive Yoon's call for private-led economic growth
Hyundai Steel deploys electric furnace as low-carbon strategy
May 26, 2022
Hyundai Steel said Thursday that it has set up its new and unique steel production system using an electric furnace called Hy-Cube, with a goal to produce low-carbon, high-quality steel products toward 2030. Hy-Cube refers to Hy3 or Hyundai Hydrogen Hybrid, a process of melting raw iron material to remove impurities when adding new components by using a new electric furnace concept called Hy-Arc...
Hanwha CEO attends Davos forum as member of Yoon’s delegation
May 26, 2022
Hanwha Solutions CEO Kim Dong-kwan attended the World Economic Forum in Davos, Switzerland, as the only entrepreneur among President Yoon Suk-yeol’s delegation, the energy-to-material firm said Thursday. During the four-day forum which started Monday, Kim met with Daniel Yergin, vice chairman of S&P Global, and discussed the Russia-Ukraine war’s impact on the energy industry and geopolitical dyn...
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