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Korea Gas Corporation to take lead in LNG bunkering

Korea Gas Corporation, a public natural gas company, said Sunday it is aiming to take the lead in liquefied natural gas bunkering by naming it a new strategic business in response to the nation’s mov...

May 20, 2018
Industry
KOTRA vows to play leading role in S. Korea-ASEAN economic cooperation

The state-run Korea Trade-Investment Promotion Agency met with the chiefs of its Southeast Asian and Southwest Asian centers, seeking to expand investment and economic cooperation in the regions, off...

May 20, 2018
Industry
Panel to look into minimum wage's impact on jobs

The government will look into the impact of the minimum wage hike on employment, amid a heated debate over whether the increase is actually hurting entry level jobs and weighing down the local econom...

May 20, 2018
Economy
Renault Clio forays into local compact car market

Renault Samsung Motors, the local unit of French carmaker Renault S.A., has launched the Clio hatchback with an aim to start a new boom in the local compact car market, the company said Sunday. Clio...

May 20, 2018
Automode
Daejeon offers to partner with Adobe to bolster digital literacy

The Daejeon Metropolitan City Government offered to partner with US computer software company Adobe Systems, seeking to bolster the digital literacy of its citizens, officials said Sunday. Han Sun-h...

May 20, 2018
Technology
Woori Bank to become holding firm by 2019

Woori Bank Co., South Korea's third-largest commercial bank, said Sunday it will transform itself into a holding company by early next year to as part of effort to expand its business portfolio. Woo...

May 20, 2018
Finance
CJ E&M’s DIA TV gains over 160 million subscribers

DIA TV, an online and TV channel for individual content creators, said its number of subscribers had surpassed 160 million as of the end of April, surging from 44 million two years ago. DIA TV’s off...

May 20, 2018
Industry
MillerCoors accuses Hite of copycat trademark

US brewing giant MillerCoors has accused South Korean beer brand Hite of copying its light pale lager Lite, in an apparent move to deter Hite Jinro’s growing presence in the US market. A screen capt...

May 20, 2018
Industry
[Photo News] Late LG chief Koo Bon-moo’s life in photos

Koo Bon-moo, chairman of South Korea’s fourth-largest conglomerate LG Group, died Sunday at the age of 73. LG Chairman Koo (second from left) and then-LG Cable Chairman Huh Chang-soo (third from lef...

May 20, 2018
Industry
LG's late chairman Koo Bon-moo leaves behind globalized business conglomerate

Late business tycoon Koo Bon-moo, who died Sunday, effectively expanded the global standing of South Korea's fourth-largest conglomerate LG by bolstering the competitiveness of a range of its busines...

May 20, 2018
Industry
Koo Bon-moo, chairman of LG Group, dies at 73

Koo Bon-moo, chairman of South Korea’s fourth-largest conglomerate LG Group, died Sunday at the age of 73. He reportedly had two brain surgeries last year and was hospitalized due to side effects si...

May 20, 2018
Industry
Panel to hold 2nd review of Samsung Biologics' alleged accounting fraud

An accounting oversight panel will hold a second round of reviews on Samsung Biologics Co.'s alleged violation of accounting rules this week with the goal of drawing a conclusion to the matter within...

May 20, 2018
Industry
With frenzy waning, cryptocurrency operators forced to seek new paths

As warnings of a bursting bubble and toughening state regulations have led to a drastic downturn of South Korea's digital currency market, local exchanges are struggling over how to remain viable goi...

May 20, 2018
Finance
BOK to hold key rate steady at upcoming monetary meeting: Moody's

South Korea's central bank is expected to freeze its policy rate at the current 1.5 percent at its upcoming monetary meeting due to low inflation pressure and the sluggish job market, a market watche...

May 20, 2018
Economy
Households' overseas spending rises up

South Koreans increasingly travel abroad, leading to annual rises in householding spending overseas. (Yonhap) South Korean households’ overseas spending rose 18.9 percent in the fourth quarter from ...

May 19, 2018
Economy

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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