The Bureau International des Expositions (BIE) committee visited Gwanghwamun Plaza in central Seoul on Monday evening, where promotional events were held to support Busan to win the bid for World Expo 2030. Representatives of the BIE came to South Korea on Sunday, and are scheduled to meet government officials and visit Busan to assess the city's suitability to host the World Expo. The eight members of the BIE took a stroll around the LED rose garden, and listened to explanations of the gia

Politics April 4, 2023

Kim Young-man, in his 80s, remembers when he visited Yeosu Expo in 2012 with his son, and hopes to be in good health for another trip to Busan to see the World Expo 2030. It could be one last international event to attend in his lifetime, he said. “I do believe Busan will win the bid for the World Expo,” he said as he was visiting a festival at Gwanghwamun Plaza in central Seoul. "Southern port cities of Korea, including both Yeosu and Busan, are nice tourist attractions with su

Social Affairs April 3, 2023

한류는 국경을 뛰어넘어 세계 팬들을 사로잡고, 잠재적 한국어 학습자들을 양산하고 있지만, 이들 모두가 교실에 앉아 한국어 수업을 들을 수 있는 것은 아니다. 이는 필연적으로 온라인 학습 수요로 이어진다. 하지만, 질 높은 온라인 한국어 학습 콘텐츠는 아직도 턱 없이 부족하다고 톡투미 인 코리안 (Talk To Me In Korean, 약칭 TTMIK) 의 선현우 대표는 말한다. 2009년부터 14년 동안 외국인들에게 한국어를 가르쳐온 선 대표는 TTMIK 자체 웹사이트, 유튜브, 인스타그램, 트위터, 온라인 채팅, 비디오 서비스인 디스코드 등을 통해 한국어 교육 컨텐츠를 제공하고 있다. TTMIK는 190개국 총 140만명의 가입자수를 자랑하는 가장 인기있는 한국어 학습 웹 서비스 중 하나이다. "학습자들이 보다 흥미롭게, 또 효과적으로 학습을 지속할 수 있도록 우리는 다양한 온라인 플랫폼을 활용하고 있다”고 선 대표는 최근 코리아헤럴드와의 인터뷰에서 말했다.

한국어판 March 30, 2023

South Korea's largest steelmaker Posco said Thursday it aims to make a world free from the destructive effects of earthquakes, with its world-class earthquake-resistant construction materials. According to Posco, the company's lineup of earthquake-resistant steel products has helped a slew of structures around the world to be able to safely withstand tremors since 1995. Posco's Steel New Steel, or SN Steel -- a structural steel product that has been made to comply with strict eart

Industry March 30, 2023

Models pose with HiteJinro's all-new beer brand, Kelly, which will hit convenience store shelves and restaurants across the country starting Tuesday. Following in the footsteps of hit beer brands such as Terra, Hite Lite and FiLite, Kelly is HiteJinro's sixth beer brand to be released after its launch of Terra four years ago. According to HiteJinro, the product uses 100 percent premium Danish malt and is fermented twice in a bid to maximize the natural taste of its premium ingredient

Industry March 30, 2023

Ways for South Korea to properly gear up for the Fourth Industrial Revolution era were explored at the Global Business Forum on Wednesday at the Ambassador Seoul hotel. During the during the sixth session of the forum, Ahmad Fahmi Ahmad Sarkawi, charge d'affaires at the Malaysian Embassy in Seoul, emphasized South Korea's need to make necessary preparations to adapt and improve itself in the rapidly evolving world. As the pandemic fades out, Sarkawi said he believed it is "very ti

Industry March 30, 2023

Korean building materials company LX Hausys said Wednesday it will cooperate with Reynaers Aluminium, a Belgian manufacturer of aluminium products, in a bid to accelerate its entry into the domestic aluminum window market. With a memorandum of understanding signed with Reynaers Aluminium in the headquarters of LX Hausys in Seoul, LX Hausys said both companies plan to comprehensively cooperate in the overall process of designing, manufacturing and developing technologies needed to produce high-en

Industry March 29, 2023

Major South Korean health care company Boryung said Tuesday it signed a contract to establish a joint venture with US commercial space station developer Axiom Space, in a bid to ramp up its space business. With the JV, which is scheduled to be established by May, Boryung said it will actively search for a slew of business opportunities in space, while utilizing Axiom Space's space-related infrastructure and space development technologies. According to Boryung, the JV will mainly focus on co

Industry March 28, 2023

BAT's design philosophy for heating tobacco products centers around perfecting the user experience and simplicity, rather than complicated designs, says the head of design at global tobacco giant British American Tobacco. "My priority when designing heating tobacco products was that the item should become one of the three products that consumers can carry with them all the time, along with a phone and wallet," said Ken Kim, the first South Korean to oversee the entire design proce

Industry March 28, 2023

POHANG, North Gyeongsang Province -- Some 7,000 metric tons of molten iron at 1,200 degrees Celsius and consisting of smelted iron ore, coke and limestone is poured from a gigantic industrial ladle into a furnace to be purified at Posco's steel mill. The purified molten steel is then poured into molds, where water vapor rises with deafening hisses as the iron is instantly cooled. Semi-finished materials, called slabs, become visible as the water vapor dissipates. They are quickly moved alon

Industry March 27, 2023

Competition is heating up to acquire a controlling stake in Able C&C, the operator of a slew of Korean budget cosmetics brands, with global beauty giants such as L’Oreal and LVMH reportedly joining the race. Five to six strategic investors recently submitted their letters of intent to purchase 59.2 percent of shares in Able C&C, currently owned by IMM Private Equity, according to industry sources on Friday. IMM became the largest shareholder of Able C&C, best known for its Mi

Consumer March 24, 2023

This is the fourth installment of a series of interviews with global business chiefs of South Korean food companies that are expanding aggressively in overseas markets. -- Ed. Soju, South Korea’s national drink, has expanded its presence in global markets as the rice-based alcoholic beverage grows in popularity among spirit aficionados around the world. According to market research firm 360 Research Reports, the global soju market is estimated to reach $4.2 billion in sales by 2027. As of

Consumer March 23, 2023

Bernard Arnault, CEO of luxury products behemoth LVMH, accompanied by his daughter and the CEO of Christian Dior Delphine Arnault, visited South Korea for the first time in three years after the COVID-19 pandemic, in a bid to discuss the brand's plans regarding duty-free and department store business with major South Korean retailers. During his three-day trip to Korea which ends on Wednesday, Arnault met with Lotte Group Chairman Shin Dong-bin at the Lotte World Tower in Jamsil, southern S

Consumer March 21, 2023

Posco International said Monday its Vice Chairman Jeong Tak has been named as the company’s new CEO during a shareholders’ meeting held at its headquarters in Incheon, west of Seoul -- the first meeting since the merger with its sister unit Posco Energy on Jan. 1. "Under the leadership of the new CEO, we will continue to maximize shareholder values by aggressively aiming for future growth, with balanced investment and shareholder returns," the company said in a statement. D

Industry March 20, 2023

Lotte Duty Free, the country's largest duty-free operator in terms of sales, has lost the bidding race for the operational rights of duty-free shops at Incheon Airport. Instead, Lotte's smaller rivals, Hotel Shilla, Shinsegae DF and Hyundai Department Store Duty Free, were shortlisted for the duty-free licensing bid. On Friday, Incheon International Airport Corp. announced the results in the first round of assessments of bids for the five duty-free zones in the nation's main airpo

Consumer March 19, 2023