Indonesia’s new regulation mandating Halal certification for all imported food products is expected to widen the export gap between large conglomerates and small businesses in Korea due to the high costs and time need to meet the requirements. After a five-year grace period, the Indonesian government has officially ordered businesses in most industries to be halal compliant and halal certified, starting Thursday. While products lacking halal certification can still be exported, they must b

Industry Oct. 20, 2024

Coupang has announced the completion of its Gwangju fulfillment center, which will become the company’s largest Rocket Delivery hub for South Jeolla Province. The company said the new facility also aims to expand sales channels for local small and medium-sized enterprises and contribute to revitalizing the regional economy. The completion ceremony took place Monday at the Pyeongdong industrial complex, attended by over 100 guests, including Gwangju Mayor Kang Gi-jung and Coupang Representa

Industry Oct. 14, 2024

Korean Air said Friday it has launched the "Dive into K-style" program to help its new foreign national crew members enhance their understanding of Korean culture and the company. New employees from Japan and Southeast Asia joined the program in August and October, respectively, with another session set to be held for Chinese employees in December. After a four-year hiatus, the nation's flag carrier resumed recruitment of foreign national crew members this year. A total of 85 ne

Industry Oct. 11, 2024

As South Korea moves to achieve its renewable energy goals by 2050, strategic partnerships and innovative technologies will be essential in overcoming existing challenges and maximizing the potential of renewable resources, according to Karen Bomber, chief commercial officer of the Energy Industries division of ABB, a Swiss-based multinational tech company specializing in electrification, automation and digitalization solutions. In an interview with The Korea Herald at ABB's Korea office in

Industry Oct. 9, 2024

SPC Group's bakery brand Paris Baguette has signed contracts to enter the markets of Thailand, Brunei and Laos, aiming to strengthen its presence in Southeast Asia. On Monday, Paris Baguette finalized a master franchising agreement with Berjaya Food, which has supported its expansion into Malaysia and the Philippines, to newly operate the bakery chain in Thailand and Brunei. As for Laos, a separate master franchising agreement was established with Kolao Group, a prominent local firm in the

Industry Oct. 9, 2024

Laughter and cheers from parents filled the air during the Balance Bike Race With Yamaha Motor, part of the inaugural Wellness Seoul 2024 held at Sebitseom Banpo along the Han River in southern Seoul on Sunday. The event, designed for children aged 3 to 5, allowed them to race on pedal-less bicycles, helping them develop balance and enjoy the thrill of riding on two wheels before transitioning to traditional bikes. On the other side, teenagers had the opportunity of minibike riding. Big smiles

Industry Oct. 7, 2024

In celebration of the health, mindfulness, and well-being of global citizens, Herald Media Group hosted Wellness Seoul 2024 on Sunday, a day-long festival held by the Han River in southern Seoul. Despite the cloudy weather, more than 10,000 participants filled the main venue and surrounding area all day long. Under the shared vision of "Creating A Life Of Wellness," the opening ceremony featured Seoul Mayor Oh Se-hoon, Olympic marathon gold medalist Lee Bong-ju, Daewoo E&C Chairman

Industry Oct. 7, 2024

Lifestyle brand developer Egnis announced Wednesday that it began partnership with the Oklahoma government in hopes to expand its German subsidiary Xolution's resealable can business in the US. The business agreement signing ceremony held Tuesday at The Shilla Seoul, was attended by Park Chan-ho, CEO of Egnis, Evan Brown, executive director of the Oklahoma Department of Commerce’s Economic Development, Growth and Expansion division and Marc Von Rettberg, CEO and managing director at X

Industry Oct. 2, 2024

Posco Group Chairman Chang In-hwa underscored the urgent need for a "future-oriented strategy," during his address to executives at the 2024 Posco Forum, which took place at the Posco Global R&D Center in Songdo-dong, Incheon on Tuesday. Now in its sixth year, the theme of this year’s forum is "Navigating Crisis, Innovating for Future." Some 100 executives from the group's affiliated companies will convene for two days to gain insights from external experts and

Industry Oct. 1, 2024

ATLANTA – Incheon International Airport has been named the new Asian hub of Delta Air Lines, replacing Japan’s Narita Airport. Incheon International Airport Corporation announced on Monday that it will collaborate with Delta to expand the Asia-Pacific network, alongside the upcoming launch of the Incheon-Salt Lake City route in June, following a meeting between IIA President and CEO Lee Hag-jae and Delta Air Lines CEO Edward Bastian at Delta's headquarters in Atlanta, on Wednesd

Industry Sept. 30, 2024

ATLANTA – Delta Air Lines is launching a new route between Incheon and Salt Lake City in June next year to become the only route connecting Asia and the US city. While flight schedules and operating hours are yet to be finalized, the new route is set to operate seven times a week. During a press conference at Delta Air Lines' headquarters in Atlanta on Thursday, Joe Esposito, the airline's senior vice president of network planning, expressed his excitement about the upcoming laun

Industry Sept. 28, 2024

ATLANTA -- Incheon International Airport Corporation has reaffirmed its status as a global leader in airport services by maintaining its top ranking in the Airports Council International's service evaluation for three consecutive years. At the sixth Customer Experience Global Summit held in Atlanta on Wednesday, Incheon Airport received both the Airport Service Quality "Best Airport" award and the "Most Enjoyable Airport" award, on top of the ACI's Customer Experien

Industry Sept. 26, 2024

Once a symbol of Korea‘s rapid economic growth, the Han River is poised to evolve into a “lifestyle platform” for citizens and the ultimate place for healthy pleasure, according to Joo Yong-tae, deputy mayor of the city government’s Future Hangang Project Headquarters. “The Han River is a source of both relaxation and pride for the citizens of Seoul,” Joo said in an interview with The Korea Herald in early September. “Until a few years ago, the Han Riv

Industry Sept. 24, 2024

진행자: 김혜연, Paul Kerry Seoul mulls removing W110b Sewoon walkway 기사 요약: 세운상가 공중보행로 철거 추진하는 서울시, 23일 공청회 예정 [1] The Seoul Metropolitan Government is mulling removing an elevated walkway at Sewoon Shopping Center in central Seoul, which cost the city government 110 billion won ($82 million) for its construction. The walkway which opened only two years ago has sparked "public discontent," said the city government, citing issues like inadequate sunlight underneath the walkways and problems

Podcast Sept. 23, 2024

Daewoo Engineering & Construction Chairman Jung Won-ju (center) participates in a business cooperation ceremony on Friday in the Czech Republic, with Martin Chrastil (right), CEO of Sudop Praha, and Cho Seung-il (left), executive director of Daewoo E&C's plant division. The partnership, established during South Korean President Yoon Seok Yeol's visit with an economic delegation, focuses on designing and licensing temporary and auxiliary facilities for the new nuclear power plan

Industry Sept. 22, 2024