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CheongKwanJang opens cooking classes for foreigners

Korean Ginseng Corporation, known for producing Korean red ginseng under the brand CheongKwanJang, has opened cooking classes for foreigners as a way of promoting Korean red ginseng. The classes com...

Jan 24, 2019
Industry
SK hynix to slash investment amid worsened outlook for chip demand

Chipmaker achieves all-time high net income of W15.5tr in 2018, but Q4 figures bode ill for this year

Jan 24, 2019
Technology
Homeplus joins European Marketing Distribution alliance

South Korean discount chain operator Homeplus has joined Europe’s largest retail alliance, the firm said Thursday, in a first for an Asian retailer. As a member of the European Marketing Distributio...

Jan 24, 2019
Industry
New public-private alliance formed for ASEAN market

Leaders from Korea’s major business associations and the Presidential Committee on New Southern Policy gathered Thursday to form an alliance to help Korean entrepreneurs seek better opportunities in ...

Jan 24, 2019
Industry
BOK freezes key rate at 1.75% for Jan.

The South Korean central bank on Thursday held its policy rate steady for January amid rising uncertainties at home and abroad. In the first monetary policy board meeting of the year, the Bank of Ko...

Jan 24, 2019
Finance
Land prices gain 4.6% in 2018

Land prices in South Korea rose nearly 4.6 percent in 2018 from a year earlier, the fastest clip in 12 years, government data showed Thursday. The country's land prices increased 4.58 percent on-yea...

Jan 24, 2019
Economy
Korea hosts Drone Show Korea 2019

The South Korean government on Thursday kicked off Drone Show Korea 2019 in the southern port city of Busan, with some 100 firms showcasing their latest drones and related technologies. The Ministry...

Jan 24, 2019
Technology
SK hynix Q4 net up 6% in Q4, posts record profit in 2018

SK hynix Inc. said Thursday its fourth-quarter net rose 6 percent from a year earlier, which fell below the market expectation in the wake of slowing demand for memory chips and falling global sales ...

Jan 24, 2019
Industry
LG Uplus sole winner in number portability this year

LG Uplus Corp., the smallest of South Korea's three mobile carriers, has emerged as the sole winner in number portability this year on aggressive marketing, industry data showed Thursday. LG Uplus p...

Jan 24, 2019
Industry
[Monitor] Lotto sales hit record high in 2018

Sales of Lotto tickets in South Korea reached an all-time high in 2018 at 3.97 trillion won ($3.5 billion), up 4.4 percent from the previous year, the Korea Lottery Commission said. But the growth r...

Jan 23, 2019
Economy
[Photo News] Kakao meets Starbucks

Starbucks Korea announced Wednesday it will accept mobile payment service Kakao Pay from Thursday. (Yonhap) In a special promotion until Feb. 7, those who spend 10,000 won ($8.90) or more via Kakao...

Jan 23, 2019
Technology
Phone makers to battle for attention next month

Samsung, LG, Huawei to introduce folding phones, gesture-controlled UI, wireless charging tech ahead of MWC 2019

Jan 23, 2019
Technology
[News Focus] Debate over securities transactions tax grows

Amid South Korea’s efforts to revitalize the economy, debate over whether to lift the securities transaction tax has been rekindled, with the government, lawmakers, and the financial sector divided o...

Jan 23, 2019
Industry
Kyobo Life, SBI Holdings, Kiwoon Savings mull internet-only bank

Financial institutions including Kyobo Life Insurance, SBI Holdings and Kiwoom Savings Bank are mulling jumping into South Korea’s internet-only bank business amid the state’s efforts to foster the s...

Jan 23, 2019
Finance
Korea to turn unused land into public houses, innovative business space

Deputy PM unveils SOC budget spending plan to boost struggling domestic economy

Jan 23, 2019
Economy

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 : Yang Sung-jin
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