Most Popular
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Opposition-led Assembly unilaterally passes bill to probe Marine's death
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Inflation eases in April, continues bumpy ride
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Golden chance to liquidate babies’ gold rings?
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Seoul to more than double military drones by 2026 to counter NK threats
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Seoul alerts overseas missions to NK terror threats
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Russia sent more than 165,000 barrels of refined petroleum to N. Korea in March: White House
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Over 60% of S. Koreans support W100m childbirth incentive: survey
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‘Inside Out 2’ adds four new emotions, explores teenage life
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Questions raised over fair promotion of RM, NewJeans
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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
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SK chairman leads support for social enterprises
SK Group, in addition to being the country’s third-largest conglomerate, has been one of the staunchest supporters of social enterprises with its chairman Chey Tae-won taking part in related activities. “The chairman believes that simple donations have limited efficacy in solving social problems,” a
Aug. 26, 2011
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SK Telecom knocks on new doors, maintains technological edge
Carrier sees advantage in 4th-generation techThe country’s largest mobile telecom services provider SK Telecom has been putting CDMA and WCDMA technologies to commercial use ahead of its peers both in and outside the Korean market.Since 2005, the company has invested funds equivalent to more than 14
Aug. 26, 2011
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AD Stars 2011 kicks off in Busan
BUSAN ― AD Stars 2011, an international advertising festival, kicked off its three-day event on Thursday in this southeastern port city of Busan.The event, which celebrates the fourth anniversary this year, was the world’s first on-offline convergence advertising festival. Some 700 advertising indus
Aug. 25, 2011
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Corporate Korea braces for post-Jobs Apple
The immediate impact of Steve Jobs’ departure from Apple is uncertain, but over the longer term, Korea’s corporate sector ― along with the rest of the world ― will surely feel the absence of the legendary IT visionary, industry watchers here said.“Jobs is a man who had a distinct vision and who crea
Aug. 25, 2011
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Dutch court rejects most Apple claims
Samsung says ruling affirms innovative qualities of its productsA ruling from a Dutch court rejecting most of Apple’s claims that Samsung’s smartphones and tablets infringe its intellectual property is expected to give the local electronics company an advantage in its ongoing legal dispute with the
Aug. 25, 2011
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Four out of five workers suffer aftereffects from vacation
Four out of five workers in Korea feel exhausted when they return to work after summer vacation, a poll showed on Thursday.According to Job Korea, a local online job search engine, about 77.8 percent of 457 respondents said that they are suffering from lingering fatigue from summer holidays.Of those
Aug. 25, 2011