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Hyundai Motor’s Genesis US push challenged by Trump’s tariff hike: sources
Oasis confirms first Korean concert in 16 years
North Korean leader ‘convinced’ dialogue won’t change US hostility
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
Naver Webtoon promises creative freedom, responsible webtoon platform
Two jailed for forcing disabled teens into prostitution
Japan confirms vice-ministerial level figure attending Sado mine memorial
Daewoo E&C chair honored in India for boosting bilateral economic ties
South Korean military plans to launch new division for future warfare
[Today’s K-pop] Babymonster logs 100m views with ‘Drip’ music video
Dongduk Women’s University halts coeducation talks
SK chief underlines power of 'design thinking' amid global uncertainties
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
Hanjin inks partnership with DHL to boost logistics competitiveness
Hanwha Ocean drops police complaint against HD Hyundai in destroyer contract bid
OpenAI in talks with Samsung to power AI features, report says
Defense ministry denies special treatment for BTS’ V amid phone use allegations
AmCham seminar discusses US-Korea trade outlook for Trump’s 2nd term
Seoul shares rise nearly 1% to top 2,500 on foreign buying
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Dunkin’ Donuts apologizes for unsanitary donut factory
Sept 30, 2021
The Korean operator of Dunkin’ Donuts, BR Korea, issued an official apology Thursday saying it will “thoroughly abide by sanitary standards,” following a video showing donuts baked in unsanitary conditions. South Korea’s public broadcaster KBS aired on Wednesday a video taken by an anonymous worker this summer showing the inside of the firm’s donut factory in Anyang, Gyeonggi Province. The footage shows dough stained with orange droplets that are presumed to ha
[Newsmaker] COVID-19 cashback scheme criticized over fairness
Sept 30, 2021
Move to encourage spending causes confusion over where you can use it
[Feature] Not just headsets: Gaming gear gets dedicated furniture, room
Sept 30, 2021
Buoyed by the pandemic, video gaming boom sees e-commerce and furniture companies cater to players with deep pockets
Retail sales up 6.4% in Aug. on popularity of food delivery
Sept 29, 2021
Retail sales in South Korea moved up 6.4 percent in August from a year earlier, data showed Wednesday, as people continued to purchase more food and groceries online amid the new wave of the COVID-19 pandemic. The combined sales of 25 major offline and online retailers reached 12.6 trillion won ($10.6 billion) last month, compared with 11.9 trillion won tallied in the previous year, according to the data compiled by the Ministry of Trade, Industry and Energy. Sales from offline stores moved up 2
BAT unveils glo pro slim in Korea
Sept 27, 2021
BAT Rothmans on Monday launched the new tobacco heating product Glo Pro Slim in South Korea in an online media conference. Glo Pro Slim marks the latest edition of the Glo series, following the launch of Glo Pro early last year. The company said the new product adds to its growing list of Glo products and will appeal to consumers seeking potentially reduced-risk products. “BAT Rothmans will lead the market transformation through product portfolio expansion and innovation in tobacco heati
[Weekender] Metaverse: the new gold rush
Sept 25, 2021
From virtual shops, promos to staff training, companies rush to have something virtual
Gordon Ramsay to bring his burgers to Seoul
Sept 24, 2021
Michelin-starred chef Gordon Ramsay will open a Seoul branch of his famed burger restaurant at Lotte World Tower in Jamsil, southern Seoul, this December. The Seoul location will be the first Gordon Ramsay Burger in Asia, and the third branch to open globally. Ramsay rose to stardom as the iconic host of “Hell’s Kitchen,” an American cooking competition show that has aired since 2005. The British chef owns several restaurants under his name which, all together, have earned
Secondhand smartphone market sees growth in Korea
Sept 24, 2021
The secondhand smartphone market is enjoying a bump from recent releases of flagship models from Samsung and Apple. According to Bungaejangter on Friday, a South Korean mobile secondhand marketplace, the volume of transactions for used smartphones has reached some 100 billion won as consumers switched to new phones. Used phone transactions have become the most traded category on the platform during the first half of this year so far. The company said the “secondhand market has been energ
Lotte Department Store offers first-ever voluntary retirement
Sept 24, 2021
Lotte Department Store is offering its first-ever voluntary retirement since first opening 42 years ago. The operator of the department store chain, Lotte Shopping, said Friday it told employees that it will be “accepting voluntary retirement applications for the next two weeks” in an internal announcement Thursday. The restructuring program is particularly for staff members who have worked for the firm for more than 20 years. Around 2,000 employees meet this qualification, the
CJ’s Bibigo sponsors LA Lakers
Sept 22, 2021
NBA superstar LeBron James will be playing in a Bibigo-branded jersey for the upcoming season, as CJ’s frozen dumpling and sauce brand signed a partnership deal with the Los Angeles Lakers. The basketball team announced on its social media Tuesday, local time, that it signed a marketing partnership with Bibigo’s US branch. Attached with the announcement was a photo of LeBron James wearing a Bibigo-embroidered uniform. ”We’re proud to introduce our new patch part
[Feature] Will cosmetic refills take off in Korea?
Sept 17, 2021
Beauty products often come in extravagant packaging -- only to later end up in a landfill after a single use. Statistics show only 10 percent of cosmetics packaging is recyclable, due to the complex designs, colors and multilayer structures. Faced with growing criticism for its contribution to the global waste problem and in a bid to appeal to environmentally conscious consumers, cosmetics companies are turning to refilling stations where consumers can bring empty bottles and buy what they
Gmarket‘s global shop sales jump during Chuseok promotion
Sept 17, 2021
Gmarket said on Thursday its global shop sales during this year’s Chuseok promotion, which ended on Tuesday, increased compared to last year’s thanks to a wider selection of items on sale and more discount coupons. Gmarket’s global shop, which sells to about 80 countries through its English and Chinese websites, said its sales of household items jumped 110 percent from the previous Mega G-Festival, and sales of books and records climbed more than 30 percent. Sales of beauty p
Shinsegae to turn gas stations into commercial complexes
Sept 15, 2021
New project to strengthen position as property developer
Pernod Ricard Korea to inaugurate new CEO
Sept 14, 2021
Pernod Ricard Korea said Tuesday that Frantz Hotton has been inaugurated as the new CEO of the Korean subsidiary of global wine and spirits company Pernod Ricard Group. Hotton, who is the current CEO of Pernod Ricard Hong Kong & Macao, was appointed to lead the South Korean unit in July. He joined the company as a marketing manager in 1995 and rose to be a professional C-level executive within the group, having served in various marketing and sales-related roles. Under his leadership, the
Chicken burger chain Mom’s Touch to open 100 stores in US by 2025
Sept 14, 2021
South Korean chicken burger chain Mom’s Touch said Tuesday it plans to open 100 stores in the United Sates in the next four years. Though the fast food chain opened a test store in the US in 2017, it struck a master franchise agreement with a local business partner and opened its first location in California earlier this year. Following the success of the first store, the company plans to open a drive-thru store sometime this year in the Long Beach area. The first location in California
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