Only Sejong sees negative growth during Moon’s term

Japanese Vice Foreign Minister Takeo Mori pulled out at the last minute from a joint news conference with his South Korean and US counterparts over a territorial feud with Seoul on the Dokdo islets.  Mori and South Korea’s First Vice Foreign Minister Choi Jong-kun were scheduled to appear alongside US Deputy Secretary of State Wendy Sherman at a press conference scheduled after the three held talks over regional issues, including North Korea’s nuclear program, in Washington on

Cosmetics firm Beaumax donated 30,000 face masks to support disadvantaged children in Myanmar struggling with COVID-19, acting on a high school student’s proposal. The Seoul-based company said Thursday it has donated the masks to Myanmar as part of nonprofit Worldshare’s Disaster Vulnerable Overseas Children’s Project. The donation, made in the name of Beaumax CEO Han Hyun-woo, was suggested by a high school sophomore. The company said Kim Jae-yeon, a student at Cheongshim In

South Korea declines to co-sponsor resolution for third year in a row

The military is more committed than ever to building the first homegrown light aircraft carrier even though the National Assembly decided to cut the budget for a second straight year, saying more studies are needed to determine if the 2 trillion won ($1.8 billion) project is worth the cost. The Navy, which plans to roll out the seagoing air base by 2033 to supplement its air power against North Korea, asked for 10 billion won this year and 7 billion won next year, but was given 100 million and

Spouses of ruling and opposition parties’ key candidates face allegations, rumors and mockery

Lee calls on Yoon to stop backpedaling, as rival parties clash over effectiveness of inter-Korean military agreement

Apple released an update to its mobile operating system Thursday to fix dropped calls on iPhone devices, including the iPhone 12 and 13. The release of the iOS 15.1.1, an updated version of the iOS 15.1, fixes the call drop performance issue on the iPhone 12 and iPhone 13 as well as the usual bug fixes, U.S. online website Apple Insider said. iPhone 12 and iPhone 13 users have recently experienced consistent dropped calls on their devices, preventing them from receiving incoming calls. Apple

South Korean household income grew at its fastest pace in the third quarter thanks to the economic recovery and the government's emergency relief funds, data showed Thursday. The average household earned 4.73 million won ($4,000) per month in the July-September period, up 8 percent from the previous year, according to the data from Statistics Korea. It marked the fastest on-year growth since 2006, when the statistics agency began compiling related data. Household income rose in the last quart

The Peruvian Embassy hosted a seminar on Climate and Investment Opportunities in Peru on Nov. 11 at the Four Seasons Hotel in Central Seoul. The seminar presented major infrastructure investment projects that Peru offers to public and private companies in Korea. The seminar was held as part of Peruvian government’s efforts to attract companies and investment to Peru. This year’s seminar aimed to introduce Peru government’s foreign direct investment policies and existing fac

The Pig Breeders Product Organization (OPAS) is to showcase three of its ready-to-eat products -- bacon tenderloin, bacon tenderloin with herbs and pulled pork -- at Coex Food Week 2021, to be held Nov. 24-27. “Easy to eat” recipes are also to be presented with useful Italian pork product information. OPAS is the largest product organization in Italy, representing 12 percent of Italian pig farming, where they are able to breed heavy and medium-sized pigs by planning and diversify

(jylee@heraldcorp.com)

Samsung Heavy Industries Co. said Thursday that it has successfully demonstrated its gas liquefaction technology to sharpen its competitive edge for orders of floating liquefied natural gas (FLNG) facilities. With the successful demonstration of the gas liquefaction technology named "SENSE IV," Samsung Heavy will be better positioned to beat its rivals in bagging orders for FLNG facilities, the shipbuilder said. The demonstration was attended by officials from global key LNG produce