Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Woman gets suspended term for injuring boyfriend with knife
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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Samsung chief bolsters ties with Germany’s Zeiss
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KT launches new mobile plans for foreign residents
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Two ramyeon brands face mixed fates
Two prominent figures in Korea’s instant noodle industry gambled with new products this year, with totally different consequences revealed on Tuesday. Nongshim, the nation’s largest instant noodle maker, announced Tuesday it has decided to stop producing Shin Ramyun Black, whose sales started four m
Aug. 30, 2011
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Amazon tablet seen as worthy iPad rival
With Amazon reportedly poised to launch a tablet computer, technology research firm Forrester is predicting the device could be the first legitimate challenger to Apple's iPad.Forrester Research analyst Sarah Rotman Epps, in a blog post accompanying a report released Monday, said Amazon taking on Ap
Aug. 30, 2011
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LS Cable develops electric car charger
LS Cable and System has become the first Korean firm to develop a portable electric vehicle charger, the company announced Monday.According to the company, the charger supplies 3.3 kilowatts of electricity to the vehicle using the standard outlet installed in homes. The device can fully recharge bat
Aug. 29, 2011
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SKT wins coveted wireless spectrum
Fierce bidding for the 1.8 GHz bandwidth ends at 995 billion wonSK Telecom acquired the 20-megahertz band of the 1.8 gigahertz range for 995 billion won ($926.67 million) in the country’s first wireless broadband spectrum auction after its rival KT Corp. withdrew from the competition on Monday.The K
Aug. 29, 2011
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Gold still No.1 reward for long-serving workers
Amid soaring gold prices, companies maintain gold reward for long-term workersLotte Department Store, a leading retailer, has maintained a unique reward system for long-term employees for more than 20 years ― offering a gold nugget. Starting with the 10 dons of gold given to workers who have worked
Aug. 29, 2011
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BASF to invest in Korea
The chemicals company BASF SE will begin looking ofr a Korean firm to invest in, on Tuesday as part of the Global Alliance Project Series program, the Ministry of Knowledge Economy announced Monday. Through the program, the German chemicals giant will present investment plans to local battery and or
Aug. 29, 2011
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Korea unveils world’s largest tidal power plant
Korea introduced the world’s largest tidal power plant on Monday, eight years after it broke ground for a project aimed at boosting renewable energy use. The facilities in Sihwa on the western outskirts of Seoul will enter full-fledged operation in December with a total capacity of 520 megawatts, th
Aug. 29, 2011
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BAT Korea eyes premium cigarette market in Korea
Company targets sector that grows fastBritish American Tobacco Korea is striving to shore up its presence in the Korean market with premium cigarette products.The Korean unit of the global manufacturer has been diversifying its portfolio of pricey cigarettes with Dunhill and Kent brands in a bid to
Aug. 29, 2011
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BAT Korea committed to social contribution
British American Tobacco Korea is shoring up its social responsibility efforts through community services and funds for social enterprises and cultural foundations.The multinational group’s local unit said it has been striving to map out campaigns that contribute to Korean society, offering more tha
Aug. 29, 2011
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Glass ceiling remains in S. Korea's big firms
SEOUL, Aug. 29 (Yonhap) -- South Korean women working for big companies remain at a disadvantage in getting promotions despite calls for more female CEOs and senior managers, a report by a local think tank said Monday.The Korean Women's Development Institute (KWDI) said that as of late last year, th
Aug. 29, 2011
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U.S. air travel disrupted
By Shin Hyon-heeHurricane Irene triggered cancellations of thousands of flights over the weekend as the storm raced up the United States’ northeastern shore. Korean Air, Korea’s top airline, pre-canceled its routes to and from New York on Saturday and Sunday, and delayed Washington-bound services by
Aug. 28, 2011
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Starbucks to sell VIA instant coffee in Korea
Korean consumers will be able to enjoy sipping instant coffee offered by Starbucks from next month, the Seattle-based company’s Korean branch said Sunday. The Korean introduction of the Starbucks VIA Ready Brew is scheduled for Sept. 16 at 363 Starbucks coffee houses here, Starbucks Korea spokeswoma
Aug. 28, 2011
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Chung’s W500b breaks Korean donation record
Latest in an increasing number of charity pledges by nation’s tycoonsKorea’s top businessmen are relaying to make personal donations as Hyundai Motor Group Chairman Chung Mong-koo launched his own initiative on Sunday.Chung donated 500 billion won ($462 million) of his personal funds to the charity
Aug. 28, 2011
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Eyes on KT over wireless spectrum auction
Bidding for 1.8 gigahertz bandwidth to go over 1 trillion won MondayAll eyes are now on KT Corp.’s participation in the country’s first wireless broadband spectrum auction as the company has put pause to the process Friday after the bidding price neared 1 trillion won ($928.33 million).The bidding c
Aug. 28, 2011
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POSCO takes social responsibility projects to African nations
POSCO on Friday began works on a children’s center in Zimbabwe as part of its efforts to strengthen corporate social responsibility programs in Africa.The steelmaker’s related projects in the region began in July when it collaborated with the Korea International Cooperation Agency to send volunteers
Aug. 28, 2011
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Ssangyong wins contract in Vietnam, 1st in 11 years
Ssangyong Engineering and Construction Co. on Wednesday signed the contract to build part of the Southern Coastal Corridor Project that runs from Vietnam to Thailand, reentering the Vietnamese market after 11 years.Since the completion of the Dami Dam in Bao Lac in the northern part of the Southeast
Aug. 28, 2011
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Hyundai chairman Chung to donate 500 billion won to charity
Hyundai Motor chairman Chung Mong-koo will donate 500 billion won ($460 million) of his personal wealth to a charity foundation, company officials said Sunday.Hyundai Motor Group chairman Chung Mong-koo (right) shakes hands with an American worker during his visit to a Hyundai factory in Alabama, th
Aug. 28, 2011
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Resource development fuels SK Group’s growth
Conglomerate shores up future with resource and petrochemicals businessSK Group has come to be the country’s third largest conglomerate fueled by its petrochemical and telecommunications businesses.The two sectors are often referred to as the conglomerate’s two pillars, but the group has now turned
Aug. 26, 2011
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LG, GM join hands to build electric cars
Joint efforts to put more eco-friendly vehicles on the roadLG Corp. and U.S. automaker General Motors signed a deal to jointly build next-generation electric cars to strengthen their partnership amid the growing demand for eco-friendly vehicles, the Seoul-based company said Friday.The agreement was
Aug. 26, 2011
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AD Stars aims to be Asia’s No. 1 advertising festival
BUSAN ― AD Stars 2011, which marks its fourth anniversary this year, is the world’s first on-offline convergence advertising festival held in Busan, Korea’s southeastern port city. “Unlike other international advertising events, the Busan festival actually takes place all year long,” said Choi Hwan-
Aug. 26, 2011