The Korea Herald

BUSINESS

LATEST NEWS

FSS chief touts Korea as ‘financial hub,’ riding on inter-Korean thaw

The pangovernmental moves to “advance Korean markets to a financial hub in Northeast Asia” will gain steam, riding on the inter-Korean thaw in the wake of this year’s third inter-Korean summit, South...

Sept 19, 2018
Finance
Kakao Pay’s QR code pay option accepted at over 100,000 stores

Kakao Pay, the mobile pay solutions unit of South Korean mobile messaging giant Kakao, said Wednesday that its QR code payment option is now available at more than 100,000 partner stores nationwide. ...

Sept 19, 2018
Technology
Celltrion ‘undecided’ on Plant No. 3 location, denies Singapore selection

South Korean biopharma company Celltrion said Wednesday it was “undecided” on the location for its third biologics manufacturing plant, denying a local report that alleged the company had confirmed S...

Sept 19, 2018
Industry
Leaders agree to reconnect railways, roads, normalize Kaesong operations

Leaders say resumption of business projects depends on when right environment is created

Sept 19, 2018
Industry
Cigarette sales down 1.1% on campaign, higher prices

Sales of cigarettes in South Korea declined 1.1 percent in the first eight months of 2018 from a year earlier due to a government-led anti-smoking campaign and higher prices, data showed Wednesday. ...

Sept 19, 2018
Industry
Major hotels record more reservations for Chuseok holiday

Major hotels in Seoul have seen their reservation rates rise for the upcoming Chuseok holiday thanks to a new trend of spending the autumn harvest celebration in the nation's capital, industry source...

Sept 19, 2018
Industry
Business talks put inter-Korean biz cooperation on horizon

North’s top economic official says railway cooperation of utmost important for two Koreas

Sept 18, 2018
Industry
[Video] Chaebol chiefs in Pyongyang show hope for future business opportunities

Samsung heir Lee Jae-yong holds last-minute meeting with CEOs to discuss conglomerate’s possible plans for North Korea in the future

Sept 18, 2018
Industry
Expressway rest stops to provide drive-through, mobile preorder services

Land Ministry, KEC aim to upgrade rest stops into regional economic hubs by 2022

Sept 18, 2018
Economy
Inter-Korean railway will turn S. Korea global logistics hub: experts

South Korea will become a global logistics hub benefitting giants in the industry here if a railway project aimed at reconnecting the South and the North is realized, experts at a forum in Seoul on T...

Sept 18, 2018
Automode
Audi Korea fulfills environment responsibilities through A3

Audi Korea delivered 700 units of the 2018 A3 40 TFSI compact sedan last month through its eight official used car dealerships nationwide, the company said Tuesday. Under a law enacted to improve ai...

Sept 18, 2018
Automode
Posco Daewoo shares Chuseok spirit with underprivileged children

Ahead of the Chuseok holiday, Posco Daewoo, the trading unit of Posco, delivered gifts put together by employees to underprivileged children to share the holiday spirit, the company said Tuesday. Ab...

Sept 18, 2018
Industry
Korea to open 2nd cruise port in Busan

South Korea will open a cruise port capable of accommodating 220,000-ton ships in the southeastern port of Busan to attract more passengers from abroad, the Oceans Ministry said Tuesday. The new por...

Sept 18, 2018
Industry
Market watchers play down summit’s potential impact

South Korean markets gained little impetus on the first day of the third inter-Korean summit on Tuesday, as market analysts remained cautious about the summit’s potential long-term impact. But some ...

Sept 18, 2018
Finance
Riot Games opens ‘League of Legends’ esports arena in Seoul

Riot Games has opened an esports arena and culture entertainment complex for its hit online battle arena game “League of Legends” in Seoul. The US game maker said it had invested around 100 billion ...

Sept 18, 2018
Technology

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114