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Seoul exerts all efforts against US auto tariffs amid weak car sales

South Korea is making all-out efforts to oppose the US slapping high tariffs on imported cars and auto parts, reflecting the growing anxiety of the local auto industry. Top policymakers capitalized ...

Jul 22, 2018
Industry
Number of new Incheon airport terminal users tops 9 m

The number of travelers using the new passenger terminal of Incheon International Airport has surpassed 9 million since its opening six months ago, airport officials said Sunday. As of last Wednesda...

Jul 22, 2018
Industry
[Newsmaker] YouTube, Facebook dominate Korea’s video ad market: report

YouTube and Facebook grabbed a combined 73.1 percent share of South Korea’s video advertising market in the first half of this year, according to a report by Mezzomedia, a digital marketing firm. Da...

Jul 20, 2018
Industry
South Korean duty-free sales fall for three months

Sales of South Korean duty-free stores have fallen for three consecutive months since April, industry data showed, partly due to the Chinese government’s strengthened crackdown on Chinese shuttle tra...

Jul 20, 2018
Industry
[Video] Duty-free store offers broadcast zone for influencers

Shinsegae opened its second city center duty-free store in Seoul at Express Bus Terminal in Gangnam on Wednesday. The new five-story shopping space seeks to attract young and rich foreign tourists i...

Jul 19, 2018
Industry
New jobs? Lift regulations first: KCCI head

Park says S. Korean businesses should not believe they would be first if NK market opens

Jul 19, 2018
Industry
11st taps SKT’s AI expert as new CEO

An artificial intelligence expert at SK Telecom has been tapped to head SK Planet’s e-commerce platform 11 Street from September, SK Planet said Thursday. Lee Sang-ho, SK Telecom’s service platform ...

Jul 19, 2018
Industry
Innisfree teams up with Alibaba to open new concept store in China

South Korean cosmetics giant Amorepacific’s cosmetics brand Innisfree has opened a new concept store in Hangzhou, China, in collaboration with Alibaba’s Tmall, the company said Thursday. According t...

Jul 19, 2018
Industry
SK Innovation launches mangrove swamp restoration campaign

South Korean oil refiner SK Innovation has started a mangrove tree donation campaign on its Facebook page to restore the mangrove swamp in Vietnam, the company said Wednesday. The event aims to rais...

Jul 18, 2018
Industry
Posco’s CSR project introduced as model example at UN

Posco’s Steel Village project was introduced as an outstanding example of corporate social activity at a high-level political forum on sustainable development hosted by Korea’s Ministry of Foreign Af...

Jul 18, 2018
Industry
KCCI chairman urges new policy work to spur growth at Jeju Forum

Business leaders gather for annual forum amid rapid shift in corporate culture

Jul 18, 2018
Industry
[Advertorial] GS chief highlights balance in business portfolio

GS Group Chairman Huh Chang-soo on Wednesday called for balance in the group’s business portfolio and its ecosystem for growth in a rapidly changing environment. At a quarterly meeting attended by a...

Jul 18, 2018
Industry
Lotte Liquor’s Kloud beer sells 41,000 boxes in Cambodia

Lotte Liquor, a unit of Lotte Chilsung Beverage, said Wednesday that over 41,000 bottles of Kloud beers were sold in Phnom Penh, Cambodia, just five months after its launch there. Models pose in fro...

Jul 18, 2018
Industry
G-Smatt Global signs MOU for joint corporation in Middle East

G-Smatt Global, a South Korean company that manufactures and distributes complementary metal oxide semiconductor image sensors, said Wednesday that it signed a trilateral memorandum of understanding ...

Jul 18, 2018
Industry
Kakao Friends gets new name Kakao IX after takeover

Following an inter-subsidiary acquisition, Kakao Friends, a character licensing subsidiary of mobile software giant Kakao, changed its name to Kakao IX on Wednesday. Kakao IX is short for Kakao Innov...

Jul 18, 2018
Industry

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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