In a world rapidly digitalizing amid the COVID-19 pandemic, Philips seeks to strengthen its partnership with innovative Korean health care providers, said Frans van Houten, the chief executive officer of the Dutch health technology firm. Through a virtual interview with The Korea Herald on Monday, Van Houten highlighted the importance of having long-term partnerships with health care providers around the world, including those in markets like Korea with strong technological prowess and quali

South Korea's trade investment promotion agency has received an award from a United Nations body in recognition of best practices in promoting investment in healthcare sectors amid the COVID-19 pandemic, officials said Wednesday. Invest Korea, the country's investment promotion unit under the Korea Trade-Investment Promotion Agency (KOTRA), was chosen as the winner of the 2021 Investment Promotion Awards by the United Nations Conference on Trade and Development (UNCTAD), along with Costa Rica a

South Korean brokerage houses have sharply lowered their third-quarter earnings outlook for major listed firms amid rising inflation and other negatives, a market tracker said Wednesday. The combined net profit forecast for 168 major listed firms came to 29.7 trillion won ($25.2 billion) for the July-September period as of Tuesday, up 4.3 percent from a year earlier, according to financial information provider FnGuide. Yet, it represents a 34 percent plunge from their estimate of 44.9 trillion

A Chinese fishing boat capsized in waters off the southwestern city of Gunsan on Wednesday, leaving three crew members unconscious and three others missing, Coast Guard officials said. According to the Coast Guard, the 239-ton vessel capsized shortly after midnight in waters 124 kilometers southwest of Gunsan's Eocheong Island. Of the 15 crewmen aboard the ship, eight have been rescued by the Coast Guard and another Chinese boat that was fishing alongside the capsized vessel.   F

North Korea announced Wednesday that it has successfully conducted a test-firing of a new-type of submarine-launched ballistic missile (SLBM) a day earlier. On Tuesday, South Korea's military said the North fired a short-range missile believed to be an SLBM from the vicinity of Sinpo, where its main submarine shipyard is located. It marked the North's eighth known major missile test this year. The Academy of National Defense Science conducted the test-launch from "8.24 Yongung" where

WASHINGTON -- North Korea's latest missile launch highlights the urgent need to engage with the reclusive state in dialogue, a senior South Korean official said Tuesday. The official also said South Korea, Japan and the United States share concerns over the North's missile launch. "There were concerns since the North's continued missile launches may affect our efforts (to resume dialogue) to a certain extent as we discuss ways to bring North Korea back to dialogue," the official said

WASHINGTON -- The United States remains ready to engage with North Korea anytime and anywhere, White House Press Secretary Jen Psaki said Tuesday, adding that North Korea's missile tests underscored the urgent need to engage with the reclusive state. North Korea fired what appeared to be a submarine-launched ballistic missile on Tuesday (Seoul time), marking its eighth missile test so far this year. "These launches also underscore the urgent need for dialogue and diplomacy. Our offer rema

First came October’s ominous headlines from half a world away: China was suddenly darkening Taiwan’s air defense zone skies with record numbers of warplanes -- 150 sorties in the first two weeks of October. Their undeclared fly-by missions were far more menacing than Beijing’s eruptions of propaganda-machined war clouds. But on Oct. 13, in case Western policymakers didn’t get what is really at stake, the wizards behind Washington’s conventional wisdom curtains just

Traditionally, men have harbored prejudices against smart and capable women. Feminist scholars have pointed out how often a shrewd woman in a fairytale is called a “witch” or “wicked stepmother” by male writers. Chauvinistic social conventions describe astute and perceptive women only as “bad girls.” However, those “bad girls” have accomplished many splendid things with their creativity and competence. Recently, I came across an intriguing book, &