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Mon, July 4, 2022 | 14:47

Seoul to host global startups in 'Try Everything 2022'

Startups around the world can dive into the ocean of broader resources, knowledge and business opportunities at Try Everything 2022, an annual conference hosted this September by the Seoul Metropolitan Government. Gettyimagesbank By Ko Dong-hwan ...

Ko Dong-hwan | 2022-06-27 10:54

Korea actively seeks nuclear power sales in Czech Republic, Poland

Korea has gone all-out to revive its nuclear power generation industry under the Yoon Suk-yeol administration as Lee Chang-yang, minister of Trade, Industry and Energy, will visit the Czech Republic and Poland from June 28 to July 1 in order to win new power plant contracts, the ministry said Sunday. The two European countries are undergoing a process to build new nuclear pow...

Baek Byung-yeul | 2022-06-26 16:48

Samsung offers mentoring, career program to young students

Samsung Electronics offered a rare opportunity for middle school students who are thinking about what to do in the future or how to design their career paths by having the tech company's employees listen to their worries and provided advice, according to the company, Sunday.

Baek Byung-yeul | 2022-06-26 16:32

Prime minister vows better foreign investment environment

Prime Minister Han Duck-soo promised German and French businesspeople in Korea that the Yoon Suk-yeol administration will improve the foreign investment environment significantly over the next five years, communicating closely with foreign entrepreneurs here in Korea in order to help solve operational difficulties that they face. He made the promise in his keynote speech deli...

Park Jae-hyuk | 2022-06-26 15:51

Weakening Korean currency no longer boon for exporters

The rapid depreciation of the Korean currency against the U.S. dollar has sounded the alarm not only for importers here, but also exporters who have previously been regarded as beneficiaries of the weaker won, according to industry officials, Sunday. Last Thursday, the local currency fell to the 1,300 won level against the dollar for the first time in nearly 13 years, heighte...

Park Jae-hyuk | 2022-06-26 15:43

Legacy fashion brands overshadowed by sportswear, luxury goods makers

Korea's fashion industry has been undergoing drastic changes in recent years as traditional apparel brands run by large business groups are increasingly losing luster to sportswear makers and foreign luxury brands, according to industry officials.

Kim Jae-heun | 2022-06-25 09:59

LS C&S to boost ESG activities

LS Cable & System (LS C&S) is strengthening its environment, social and corporate governance (ESG) management through various social contribution activities such as marine purification. After declaring its vision for ESG management last June, LS C&S has been developing eco-friendly products while establishing a dedicated team on the task.

Kim Jae-heun | 2022-06-25 09:58

Daewoo E&C improves living conditions for patriots' descendants

Daewoo Engineering & Construction has been working with Habitat for Humanity Korea to improve the residential environment for descendants of independence fighters, the company said on June 17. The voluntary campaign organized by the non-profit organization aims to renovate the old homes of meritorious persons' children or grandchildren, many of whom live in poor housing condi...

Kim Jae-heun | 2022-06-24 17:27

Samsung, LG cut production as demand drops

Samsung Electronics and LG Electronics have decided to cut production of their TVs and other home appliances to cope with declining consumer demand amid unfavorable economic conditions such as inflation, high interest rates and Russia's invasion of Ukraine, according to industry officials Friday.

Kim Hyun-bin | 2022-06-24 16:56

Posco officially apologizes for years-long sexual assault case

Posco has issued an apology based on the allegations that a female employee at its main plant in Pohang, North Gyeongsang Province, had been sexually assaulted by co-workers over more than three years.

Kim Hyun-bin | 2022-06-24 15:41

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