Most Popular
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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[Music in drama] Rekindle a love that slipped through your fingers
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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On May Day, labor unions blast Yoon's foreign nanny proposal
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Seoul Metro to seek legal action against malicious complaints
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[KH Explains] Will alternative trading platform shake up Korean stock market?
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Illit, mired in controversy, remains on Billboard charts for 5th week
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S. Korea lowers COVID-19 warning level, lifts last-remaining antivirus mandates
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Tefal to unveil new coating and base innovation
Cookware and small home appliance maker Tefal presented its brand new coating and base technology for frying pans in Seoul on Wednesday. From as early as mid-October, all Tefal frying pans will be replaced with the new line named “Tefal Intensium 3D Coating,” the company said. Even though new produc
Oct. 5, 2011
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ManpowerGroup ranks 45th for innovative business technology
The human resource services provider ManpowerGroup was included in among the top 50 companies in the InformationWeek 500 list.The list, compiled by the U.S.-based weekly InformationWeek, ranks companies headquartered in the U.S. with more than $250 million annual revenues according to the innovative
Oct. 5, 2011
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SK Holdings reorganizes divisions to boost efficiency
SK Holdings, SK Group’s holdings company, reorganized its divisions on Oct. 1 as part of efforts to increase the efficiency of its operations, the company announced Wednesday.In making the changes, the company merged the two divisions responsible for developing means for future growth ― the Global a
Oct. 5, 2011
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Asiana to craft automated travel solutions
Asiana Airlines unveiled plans on Wednesday to develop a one-stop travel planning system to make flight reservations easier for customers and streamline the check-in process.The country’s second-largest carrier said it struck a deal with Amadeus, a travel-specialized technology developer, to jointly
Oct. 5, 2011
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iDEA forum covers design from cities to cinema
Three main talks to cover nations and cities, industrial design and cultureMasterminds behind best-selling BMWs, Samsung mobile phones, Coca Cola and theorists who can explain why consumers buy these products will come together in Seoul Wednesday and Thursday. The iDEA Herald Design Forum will kick
Oct. 4, 2011
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Forum to discuss industrial, city designs and culture
Designers, panelists to gather at three sessions for iDEA conferenceMasterminds behind best selling BMWs, Samsung mobile phones, Coca Cola and theorists who can explain consumers buying these products will come together for design talks in Seoul Wednesday and Thursday. The iDEA Herald Design Forum w
Oct. 4, 2011
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LGE to extend W25b of low-interest loans to suppliers
LG Electronics has decided to support its vendors with some 25 billion won ($21 million) in low-interest funds to help them compete on a more level playing field, the company said on Tuesday.The electronics maker currently runs a 125 billion won fund with the Industrial Bank of Korea for extending f
Oct. 4, 2011
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Retailers to protest FTA nationwide
The Korea Federation of Retail Organizations plans to hold a nationwide rally at the end of this month to call for protection measures related to the free trade pacts with the European Union and the United States. The group, which represents 1.25 million retailers, said some 30 retail business-relat
Oct. 4, 2011
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Korea to develop new technology for water desalination: ministry
The government said Tuesday it has set out to develop new desalination technology using natural gas hydrate, which could pave the way for cheap fresh water amid rising concerns over water scarcity.The mechanism entails removing gas from methane hydrate, a crystalline compound consisting of gas molec
Oct. 4, 2011
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BAT to take wraps off Lucky Strike
British American Tobacco Korea’s Lucky Strike Original Red BAT Korea British American Tobacco Korea’s Lucky Strike Original Red. (BAT Korea)British American Tobacco Korea said Tuesday it plans to release its Lucky Strike cigarettes here in a bid to grab a larger slice of the local market.L
Oct. 4, 2011
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POSCO signs 5-year supply agreement with Shell
By Choi He-suk POSCO announced on Tuesday that it signed a long-term steel plate supply contract with Royal Dutch Shell.According to POSCO, the agreement is one of the first in which a steelmaker has signed on as a sole supplier to a multinational oil company.Under the agreement, signed on Sept. 28,
Oct. 4, 2011
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Homeplus sets up team for shared growth
By Lee Ji-yoonHomeplus, the nation’s No. 2 supermarket chain, said Tuesday it has launched a team responsible for shared growth with its business partners. The team was organized in April to better support transactions of small and medium-sized suppliers and improve contract conditions, the company
Oct. 4, 2011
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Meet the world-famous designers at iDEA Herald Design Forum
Chris BangleChris BangleBest known as a chief designer of BMW Group, the American automobile designer is now in Korea as a design consultant for Samsung Electronics. He became famous for his controversial updates of the BMW 7 Series E65 in 2002. Despite much criticism of his revolutionary designs, t
Oct. 4, 2011
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Herald design forum opens to eager audience
The iDEA Herald Design Forum will be kicking off Thursday for a two-day event to gather top industrial designers from both home and abroad.Once here, they will suggest ideas for new designs and help cater to savvier customers who are now demanding more than just function from products.The forum will
Oct. 4, 2011
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LG to release 4G smartphone in Korea
LG Electronics Inc., the beleaguered world‘s No. 3 mobile-phone maker, said Tuesday that it will launch in South Korea a fourth-generation smartphone that will run on a faster network. The company will roll out this week the Optimus LTE smartphone through the leading mobile carrier SK Telecom Co. an
Oct. 4, 2011
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Tire labeling: A game changer
Industry expects more business opportunities from green tiresDUSSELDORF, Germany ― Germany-based specialty chemicals company LANXESS celebrates the annual “rubber day” in September. To mark 102 years of synthetic rubber, the company held a business conference in this German city on Sept. 21.The even
Oct. 3, 2011
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Airport finds banned items on 800 travelers
Cases of airline passengers possessing goods banned in-flight, including weapons, numbered nearly 800 at South Korea’s major international airport over the past three years, a lawmaker said on Thursday.Authorities detected 795 instances in which passengers possessed such items ranging from lethal we
Oct. 3, 2011
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‘Cars, refineries to see export boom in Q4’
South Korea’s automobile and oil refining industries are expected to enjoy a boom in exports in the fourth quarter of this year, underpinned by growing overseas demand, a report said Monday.The country’s construction and steel industries, however, have a grimmer fourth-quarter outlook due to a slump
Oct. 3, 2011
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KB chairman joins IIF board of directors
Euh Yoon-dae, chairman and CEO of KB Financial Group, on Monday was appointed to the board of directors of the Institute of International Finance, the world’s largest industry group of financial institutions.KB said in a statement that Euh, the former head of the Presidential Council on National Bra
Oct. 3, 2011
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Lotte chairman hints at M&A of blue-chip companies
Lotte Group chairman Shin Dong-bin recently emphasized efforts to turn the current economic crisis into an opportunity, urging executives to look for blue-chip companies for mergers and acquisitions. “This time of economic downturn could be an opportunity. We need to be more active in the M&A of hea
Oct. 3, 2011