Most Popular
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Contentious grain bill put directly to plenary meeting for vote
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Yoon's approval rating plunges to all-time low
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Will tug-of-war between doctors, government end soon?
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Climate impacts set to cut 2050 global GDP by nearly a fifth
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Trilateral talks acknowledge ‘serious’ slumps of won, yen
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[Graphic News] More Koreans say they plan long-distance trips this year
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[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
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North Korea removes streetlights along cross-border roads with South
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Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
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Farming households dip below 1m for first time in 2023
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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
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Caff Bene favored most among specialty coffee brands: survey
By Lee Ji-yoonCaff Bene, a Korean coffee house chain, received the best reviews in a recent consumer survey, while other local coffee retailers also scored high compared to international rivals.Korea Consumer Agency and KAIST Center for Fair Trade and Consumer Protection announced Wednesday the resu
Aug. 24, 2011
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Samsung Electronics expected to unveil new tablet
By Kim Ji-hyunSamsung Electronics is expected to roll out a tablet PC running on a Microsoft operating system at a global electronics trade show scheduled to open in Germany next month, industry sources said on Wednesday.The new tablet is reportedly the brainchild of the company’s IT solution busine
Aug. 24, 2011
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Homeplus ‘virtual store’ to open in subway station
By Lee Ji-yoonHomeplus, a local supermarket chain, said Wednesday it will open a “virtual store” in a subway station in southern Seoul so that customers can buy products without visiting an outlet. The virtual store will start operation from Thursday at Seonreung Station in Yeoksam-dong. According t
Aug. 24, 2011
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POSCO puts UV-coating to commercial production
By Choi He-suk POSCO began mass producing steel plates coated using ultraviolet rays on Wednesday, becoming the world’s first steelmaker to use the method on commercial scale. Named POSCOTE-UV, short for POSCO smart coating technology-ultraviolet, is more resistant to scratches and its surface is br
Aug. 24, 2011
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KEPCO leads the way for shared-growth
The country’s main electricity supplier Korea Electric Power Corp., which marked its 50th anniversary this year, is renewing its efforts to become a socially responsible company.In addition to drawing up plans for becoming one of the world’s top five energy and engineering firms by 2020, the c
Aug. 24, 2011
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Greenpeace finds toxic chemicals in branded clothing
BEIJING (AFP) - Traces of toxic chemicals harmful to the environment and to human health have been detected in products made by 14 top clothing manufacturers, Greenpeace said Tuesday.Samples of clothing from top brands including Adidas, Uniqlo, Calvin Klein, H&M, Abercrombie & Fitch, Lacoste, Conver
Aug. 24, 2011