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5G services to impact telecom stocks

South Korea’s telecom stocks have been underperforming this year, and analysts point out that the commercialization of 5G network services, likely to start in March, will impact their price. Accordi...

Feb 18, 2019
Finance
Workers oppose Hyundai Heavy-DSME merger plan

The merger plan between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering is facing opposition from workers of the two firms, who say it would lead to possible technology leaks an...

Feb 18, 2019
Industry
Ediya Coffee to inject W350m into its first coffee roastery

South Korean coffee chain Ediya Coffee will inject 350 million won ($311,291) to establish a coffee bean roastery that can produce up to 6,000 tons of coffee beans annually, the company said Monday. ...

Feb 18, 2019
Industry
S. Korea ranks 7th in OECD's science, technology capabilities scale in 2018

South Korea's science and technology capabilities ranked seventh among other major economies in 2018, a state-run think tank said Monday. The Korea Institute of S&T Evaluation and Planning said its ...

Feb 18, 2019
Technology
Korea to spend 2.93t won to develop bio tech in 2019

South Korea will spend 2.93 trillion won ($2.61 billion) this year to develop new bio technology, as part of efforts to become the leading industrial hub, the government said Monday The 2019 biotech...

Feb 18, 2019
Industry
Foreign investors net purchase W3.73tr in Korea-listed stocks

Foreign investors in South Korea continued to purchase more locally listed stocks while offloading bonds last month, the latest data on foreign investors’ stock and bond ownership by the Financial Su...

Feb 18, 2019
Finance
KT launches air quality monitoring app

KT is launching a mobile application that tracks fine dust levels over the Korean Peninsula, where worsening air quality in recent years has become a national emergency. The app, called Air Map Kore...

Feb 18, 2019
Technology
SK Telecom to introduce media upscaling solution at MWC

SK Telecom Co. said Monday it will unveil its media upscaling solution, based on its artificial intelligence (AI) technology, in Barcelona next week. South Korea's top mobile carrier said it will sh...

Feb 18, 2019
Technology
Prices of high-consumption processed foods rise on-year

The price of sugar rose 11 percent in January from a year earlier as the cost of widely consumed processed foods increased overall, the Korea Consumer Agency said Monday. A survey of 26 items in the...

Feb 18, 2019
Economy
Korea in need of independent securities research body: KIF

South Korea should encourage the establishment of an independent research body that produces unbiased securities reports to guide investors, suggests a latest report by the Korea Institute of Finance...

Feb 17, 2019
Finance
[Monitor] LG Uplus’ CJ Hellovision acquisition to change pay TV landscape

On Thursday last week, LG Uplus’ board of directors approved a plan for the company to purchase 50 percent plus one share of CJ Hellovision from its holding company, CJ ENM. LG Uplus will become the...

Feb 17, 2019
Economy
KCS seeks lead in ‘smart customs’ with next-gen tech

The Korea Customs Service, the body in charge of clearing all goods that enter and leave South Korea, is out to become a leader in “smart customs” systems powered by next-generation technologies. Th...

Feb 17, 2019
Industry
[Herald Interview] ‘4th industrial revolution’ technologies now crucial for customs clearance

The global trade volume has expanded at a drastic pace over recent years on the back of e-commerce growth, but has also led to increasing abuse of simplified customs procedures. Responding to such a...

Feb 17, 2019
Industry
Korean mobile carriers to bring 5G to life at MWC 2019

5G services to enable transcending of time and space, connecting industries and increasing user convenience

Feb 17, 2019
Technology
ICT is key to innovation in customs administration: KCS

Fast-paced technological advancement and mounting challenges in the global trade environment have been pushing companies to reinforce their supply chain system and governments to innovate their custo...

Feb 17, 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
Tel : 02.727.0114