Delivery discounts offered to support restaurants, social distancing

Consumers who order more than 20,000 won ($18.30) on designated delivery apps with a credit card will get 10,000 won as a cash back reward or discount, the government said on Dec. 29. Currently, seven delivery apps including Baedal Minjok, Yogiyo, Payco and Coupang Eats are participating, and four more apps are expected to join as soon as they complete system maintenance. 　   Payments have to be made on the delivery apps with credit cards issued by nine card companies -- KB Kookmin, N

E-commerce‌ ‌giant‌ ‌launches‌ ‌video‌ ‌streaming‌ ‌service‌ ‌Coupang‌ ‌Play‌ ‌ ‌

　Coupang,‌ ‌one‌ ‌of‌ ‌Asia‌’‌s‌ ‌largest‌ ‌eCommerce‌ ‌companies,‌ ‌on‌ ‌Dec.‌ ‌28‌ ‌said‌ ‌that‌ ‌it‌ ‌added‌ ‌video‌ ‌streaming‌ ‌as‌ ‌its‌ ‌latest‌ offering‌ ‌to‌ ‌WOW‌ ‌members‌ ‌with‌ ‌the‌ ‌launch‌ ‌of‌ ‌Coupang&

Vice minister warns against market overheating during crisis management

South Korea’s Finance Vice Minister Kim Yong-beom warned on Dec. 8 that the ample liquidity level that arose during the COVID-19 crisis management procedure may trigger an overheating phenomenon in the assets market. 　He especially urged real estate market participants not to get carried away by the current uptrend, pointing out that the country will phase out the current expansionary economic policies once the ongoing epidemic crisis dies down. 　“Lately, leading economies have see

Posco International invests in local laser cutting application firm

Posco International, South Korea’s largest trading company, said on Dec. 8 that it has invested in local laser cutting applications developer Innovated Technology. 　The two firms partnered through an acquisition of shares in Innovated Technology by Posco International. The details were not disclosed. 　 　Innovated Technology currently has a wide range of laser cut solutions used in making tempered glass, as well as those used to protect displays. The firm currently processes ultrathin

Front-liners who treated first COVID-19 patients look back on experience

South Korea marks one year since its first case

Hard lessons from COVID-19 will equip Korea better for next pandemic

This interview is the second installment in a three-part series in conversations with the former directors of the Korea Centers for Disease Control and Prevention -- now the Korea Disease Control and Prevention Agency -- as the country looks back on a year of the COVID-19 pandemic. -- Ed. A former head of the Korea Centers for Disease Control and Prevention says South Korea weathered the novel coronavirus relatively unscathed in the initial stages, but that the winter serves as a reminder of

Oral health care in the hands of consumers

Philips stresses prevention, connectedness and personalized home care for all

Ahn gunning for power transition

Front-runner Ahn Cheol-soo bashes government over COVID-19 response failure and skyrocketing housing prices

When art meets technology

Fueled by social media users, digital art enjoys heyday in Korea

This time, Galaxy S21 over Galaxy S21 Ultra?

Entry models are often a compromise for consumers, second-best to the fancy and expensive premium models. When it comes to Samsung Electronics’ latest smartphone lineup, however, that may not be the case. With its sleeker design and slashed price tag, the Galaxy S21, the entry model in the latest series, immediately caught my attention. Then after getting my hands on it and the premium Ultra model over the weekend, I came to favor the cheaper phone over the extra-premium one. The two

Fear of missing out: Psychology behind Kospi rally

Relative deprivation, changes in investment platform push retail investors to study, bet on markets night and day

Chaebol and prison: a quick look at chiefs who served jail terms

By Yim Hyun-su