Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Medical reform committee kicks off despite boycott from doctors
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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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Over 9,000 hotline calls made by stalking victims in 2023
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Monthly users on local streaming platforms outpace Netflix, Disney+
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[Hello India] Hyundai Motor vows to boost 'clean mobility' in India
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Seoul to promote luxurious side of the city
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France to transform as global tech hub
France, which has Europe’s second-largest venture capital ecosystem, is vying to transform the entire country into a start-up incubator. The government of President Francois Hollande has unveiled an ambitious “French Tech” initiative backed with 215 million euros ($236 million) in funding, aimed at harnessing countrywide entrepreneurship and global competitiveness in the information communications technology, e-commerce and innovative industries, as well as med-tech, bio-tech and clean-tech sect
Dec. 14, 2015
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Korea-New Zealand FTA to enter force on Dec. 20
The New Zealand Chamber of Commerce in Korea, known as “The Kiwi Chamber,” marked the upcoming entry into force of the Korea-New Zealand Free Trade Agreement last week. The comprehensive deal, which will come into effect on Dec. 20, is expected to boost bilateral trade significantly, valued at $2.85 billion currently.Since 2009, the chamber has assisted both the government and business communities for the FTA. Removed tariffs on manufactured goods are expected to provide large benefits to Korean
Dec. 14, 2015
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U.S. troop relocation to take one more year
With delays in the expansion project of the U.S. military base in Pyeongtaek, Gyeonggi Province, the relocation of the bulk of troops from central Seoul and other northern regions due to conclude in 2016 will take another year, the commander of the 8th U.S. Army said Thursday. Under the plan, initially slated to take place in 2008 but delayed until 2012, Camp Humphreys will be home to some 42,000 U.S. forces and their families as they shift in stages, said Lt. Gen. Bernard Champoux, who is also
Dec. 13, 2015
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Telecom carriers to see drop in revenue
South Korea’s big three telecom carriers ― SK Telecom, KT and LG Uplus ― are expected to see an unprecedented drop in their combined revenue this year amid rapid market saturation. According to market analyst FnGuide, their combined revenue is set to fall to 49.6 trillion won ($42 billion) this year, about 4 percent down from last year’s 51.5 trillion won. KT would see the largest drop to 21.8 trillion won from 23.4 trillion won, while SK Telecom expects a fall to 17.1 trillion won from 17.8 tr
Dec. 13, 2015
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Labor union chief arrested for ‘illegal rallies’
Seoul police on Sunday arrested Han Sang-kyun, leader of the nation’s second-largest umbrella labor union, on charges of leading what the police call illegal protests.Han, who leads the Korean Confederation of Trade Unions, had been under police interrogation since Friday for his alleged involvement in multiple antigovernment rallies, including those on Nov. 14. He has so far exercised his right to remain silent, investigators said.The court issued the arrest warrant on grounds that the investig
Dec. 13, 2015
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[Herald Interview] ‘I’m survivor, not victim’
In Park Yeon-mi’s defection from North Korea, she encountered a South Korean pastor. The compassionate minister had told the then-teenage girl, who had just escaped the clutches of one of the most secluded and oppressive regimes in the world, that she deserved a “second chance.” “What second chance? I’m not a criminal. It was not my choice to be born in North Korea,” she told The Korea Herald in an interview after giving a speech last month at an international forum in Bangkok.The conversation w
Dec. 13, 2015
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Ahn’s defection to stir up party split before polls
The defection of Rep. Ahn Cheol-soo from the New Politics Alliance for Democracy signaled an irrevocable division of the main opposition camp, with only four months remaining to the general elections.The breakaway of the former cochairman is expected to encourage a number of nonmainstream members to follow suit as early as this week. The new clique is likely to create a new political party, or possibly join hands with already-defected Rep. Chun Jung-bae.“I have reached the conclusion that change
Dec. 13, 2015
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Key points of Paris climate agreement
LE BOURGET, France (AP) ― U.N. climate talks reached a milestone Saturday when more than 190 countries adopted the first accord asking all countries to join the fight against global warming.Here are some of the key elements of the deal:Long-term goal: The long-term objective of the agreement is to make sure global warming stays “well below” 2 degrees Celsius and to “pursue efforts” to limit the temperature rise to 1.5 degrees Celsius. Temperatures have already increased by about 1 degree Celsius
Dec. 13, 2015
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Samsung’s top execs to meet next week
Samsung Electronics said Friday it will hold a global strategy conference with its top executives from regional branches overseas and business unit heads in Korea next week under the theme of “businesses in a low-growth era.” The company’s vice chairman Lee Jae-yong and three chief executives ― Kwon Oh-hyun, Yoon Boo-keun and Shin Jong-kyun ― will join the conference, which is regularly held twice a year.Attention is being paid to whether the top Samsung executives in the conference would discus
Dec. 12, 2015
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Top LG executive acquitted of vandalizing Samsung washers
The Seoul Central District Court on Friday acquitted LG Electronics’ home appliance and air solutions CEO Jo Seong-jin and his two aides on charges of wrecking washers of rival company Samsung Electronics, citing a lack of evidence.Samsung filed lawsuits earlier this year against Jo and a top executive for damaging its washing machines at the SATURN Berlin Europa-Center and SATURN Berlin Steglitz in Germany during the IFA trade show in September last year. Another public relations executive was
Dec. 12, 2015
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[Weekender] Airports turn to wining, dining, shopping destinations
Lotte Duty FreeIf you’ve viewed airports as just places to board and disembark airplanes, you may want to do more from now. International airports are transforming into great places to shop and dine. Visiting the duty-free sections has become one of the most-anticipated parts of traveling to Korea. About 45 million visitors spent about 2.1 trillion won ($1.78 billion) at the Incheon International Airport last year, the highest amount in the world.From the world’s first Louis Vuitton store to glo
Dec. 11, 2015
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[Weekender] Hidden places at Incheon Airport raise customer loyalty
Jordan Reinhart, 26, and her fiance from Canada arrived at South Korea’s Incheon International Airport on Tuesday morning, exhausted and ready to head back home after spending their winter vacation in Bali. With a nine-hour layover ahead, the couple had originally planned to step out of the airport to explore Seoul for the day, but decided against the idea because of issues concerning their credit cards.Though initially worried about how they would spend those long hours, staying inside the airp
Dec. 11, 2015
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Koreas hold high-level dialogue
GAESEONG, North Korea -- The two Koreas held a rare high-level meeting Friday in the North Korean border town of Gaeseong, seeking to mend fences worn by a flare-up in military tensions last summer and a perennial standoff over sanctions, stalled tours and other issues. The South’s delegation, led by Vice Unification Minister Hwang Boo-gi, left for the city that houses a joint factory park early in the morning to join his counterpart Jon Jong-su, a vice director of the North’s Committee for Peac
Dec. 11, 2015
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[Weekender] Airports as cultural, commercial destinations
International passengers wait for their flight at the departure terminal at Ihcheon Airport. Incheon AirportKim Young-chul, 37, an engineer for a shipbuilding company, often visits Incheon International Airport, South Korea’s main gateway, with his family. But he comes here not only for travel, but for family activities as well. “For my two daughters, the airport is a fun and dynamic place packed with people from around the world. When we visit the airport, we often spend a few hours there, whil
Dec. 11, 2015
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[Weekender] Speed, convenience are behind Incheon Airport’s service crown
Long queues of people, unpleasant hours of waiting for check-in and later sprinting to the gate to clear immigration in time for the flight ― these are common bugbears of using a busy airport.Though bustling with some 134,000 travelers a day, check-in delays are rare on a regular day at South Korea’s award-winning Incheon International Airport, which prides itself on offering users the fastest and most convenient services in the world.The arrivals hall at Incheon International Airport (Incheon I
Dec. 11, 2015
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[Weekender] Race on to be Asia’s top air hub
Competition among Asian air hubs is heating up as countries in the region are scurrying to build new airports, add runways and expand passenger terminals to become the continent’s top gateway to the world.With surging air travel and burgeoning budget carriers, major airports in South Korea, China, Japan, Singapore, India and Thailand are increasing capacity to meet demand.“Asian countries are showing a significant growth in air travel, higher than the global average, amid their continued economi
Dec. 11, 2015
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Coex eyes M&A, JV for global expansion
Byun Bo-kyungCoex, the management firm of the eponymous convention and exhibition complex in southern Seoul, is eyeing aggressive overseas expansion next year to become a global meetings, incentives, conferencing and exhibitions (MICE) operator, its president and CEO Byun Bo-kyung said Thursday. “We will start with three conventions in Vietnam, then move to Indonesia, Laos, Myanmar and other Indochina countries to hold conventions and trade shows there. We have mergers and acquisitions with loca
Dec. 11, 2015
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Watchdog cracks down on covert paid reviews
Online advertorials for P&G Korea`s SK-II cosmetics that were cited for deceptive marketingFTCAlert to Web surfers searching for shopping tips: Product reviews you read may not always be genuine. The Fair Trade Commission on Tuesday fined Proctor & Gamble Korea ― the local distributor of cosmetics brand SK-II and household goods Febreze, Gillette, Oral-B, Whisper and Downy ― 108 million won ($100,000) for deceptive advertising. According to the antitrust watchdog, P&G violated a law requiring al
Dec. 11, 2015
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[Newsmaker] Merkel named person of year by Time magazine
Time magazine on Wednesday named German Chancellor Angela Merkel its person of the year for 2015, hailing her leadership during debt and refugee crises that threatened to tear the European Union apart.In power for a decade at the helm of Europe’s biggest economy, the world’s most powerful woman beat runners-up, the leader of the Islamic State extremist group and Donald Trump as Time’s dominant personality of the year.German Chancellor Angela Merkel. EPA-YonhapThe U.S. magazine lauded Merkel as t
Dec. 10, 2015