By Vice President Park Byung-wook with Reporter Sua Kim This is the third installment in a series articles on leading business conglomerates in Korea and around the world covered by the writer, a specialist in the business world in Korea and outside the world. Park was formerly the di
Railway systems that run through the Korean peninsula to the Eurasian continent, if built, would help boost the economy of countries in the region, government officials and economists said Tuesday. At the 2018 KITA-CSIS Reconnecting Asia Conference, held in Seoul, South Korean governm
Nineteen out of South Korea's top 500 companies have remained in the black since 2000, with 11 of them reporting double-digit operating margins, a corporate tracker said Wednesday. The 19 companies registered quarterly operating income for 74 straight quarters from the start of th
North Korea's state media reported Wednesday on the third inter-Korean summit under way in Pyongyang, saying that the leaders of the two Koreas "highly appreciated" the current state of cross-border relations during their talks. South Korean President Moon Jae-in visited Pyongya
U.S. Secretary of State Mike Pompeo will chair a United Nations Security Council meeting next week to address efforts to dismantle North Korea's nuclear weapons program, the State Department said Tuesday. Pompeo plans to chair the ministerial meeting in New York on Sept. 27 after
By Reporters Kim Jung-mi, Sua Kim, Hillary KangAmbassador Milan Lajciak of the Slovak Republic in Seoul said, “This year we will celebrate 25 years of our diplomatic relations. Through this period, we have proved to establish very stable ground of mutually advantageous cooperation and friendly relat
Tuesday, September 18, 2018 Interview with Ambassador Nguyen VuTu of Viet Nam in Seoul“Korean companies are welcome to infrastructure, high-tech, renewable energy, other areas”Korean companies are encouraged to move into Viet Nam and make investment in infrastructure, high-technology
South Korean President Moon Jae-in arrived in Pyongyang on Tuesday, welcomed by a crowd of North Koreans that included leader Kim Jong-un and his wife, Ri Sol-ju.The surprise appearance of the reclusive North Korean leader at Pyongyang's Sunan International Airport was broadcast live in South Ko
is offering Seoul urbanites an opportunity to relax this Chuseok holiday! Skip the heavy traffic and all the stress that goes along with this holiday season by hiding away in luxury at Millennium Seoul Hilton! Situated on beautiful Mt. Namsan, Millennium Seoul Hilton is just steps away from Namsan B
By Publisher Lee Kyung-sik with Vice Chairperson Cho Kyung-hee, Kim Jung-miKorean companies are encouraged to move into Viet Nam and make investment in infrastructure, high-technology industries and renewable energy. This was immediately apparent at a recent interview conducted with Ambassador Nguye
Reinsurance firms in South Korea saw their combined profit slip 13.8 percent on-year in the first half, hit by losses from accidents at home and abroad, data showed Tuesday.Ten reinsurers in South Korea posted a combined net profit of 134.7 billion won (US$119.6 million) in the January-June period,
Kakao Corp., the operator of South Korea's No. 1 mobile messenger KakaoTalk, kicked off its "unsend" feature that allows users to delete missent messages on its messaging app. on Sep 18.Users can delete mistakenly sent messages, photos, videos or emoticons, whether they were read or not by the
North Korea's state media reported Tuesday on this week's inter-Korean summit, calling it a "good opportunity" to improve ties between the two Koreas."The Pyongyang summit aimed at implementing the Panmunjom declaration for peace, prosperity and reunification of the Korean peninsula will
South Korean President Moon Jae-in left for Pyongyang on Tuesday for a historic summit with Kim Jong-un aiming to mediate stalled U.S.-North Korea nuclear talks and move forward inter-Korean relations.Moon's flight left Seoul Air Base in Seongnam at around 8:40 a.m., also carrying some 110 other
Monday, September 17, 2018 Discloses Ambassador Horin of Ukraine at National Day reception“Ukraine is a key member of President Moon’s Northern Economic Cooperation Strategy”Ambassador Olexander Horin of Ukraine in Seoul said: “Our bilateral relations with the Republic of Korea are de
By Vice Chairperson Cho Kyung-hee with Reporter Kim Jung-miAmbassador Olexander Horin of Ukraine in Seoul said: “Our bilateral relations with the Republic of Korea are developing on a positive track. Among other things, Ukraine was included into Northern Economic Cooperation Strategy declared by the
South Korea tech giant Samsung Electronics Co. has ranked seventh in global brand based on marketing consultancy Prophet's annual brand relevance survey, industry sources said Monday.Samsung's ranking is up three notches from last year and the highest among non-American brands. Samsung has a
More than eight in 10 South Koreans favor the increased use of renewable energy on the grounds that it is clean and inexhaustible, a poll showed Monday.According to the survey of 1,003 South Koreans across the nation, 86.2 percent of respondents said they are in favor of the expansion of renewable e
South Korean President Moon Jae-in is set to embark on a trip to North Korea this week for his third and possibly most crucial meeting with North Korean leader Kim Jong-un.Moon will head for Pyongyang on Tuesday, using a direct flight across the heavily-fortified inter-Korean border.The inter-Korean
South Korea's largest auto parts maker Hyundai Mobis said Sunday that it plans to make full use of 3-D mobile game software in the development of its autonomous driving system.One of the flagship companies of Hyundai Motor Group said using real, high-definition video game images to create all ki