The Korea Herald

Choi He-suk

안녕하세요 Choi He-suk 기자입니다.

Articles by Choi He-suk

Hyundai Motor buys local life insurer

IndustryOct 21, 2011

Hyundai Motor Group, South Korea's second-largest family-owned conglomerate, bought a local life insurer as it moves to expand in financial sector portfolio, business sources said Friday.Financial sources said that Hyundai secured Green Cross Life Insurance for 228.3 billion won ($198.3 million) fro
S. Korean, French prime ministers pledge to further economic cooperation

Foreign affairsOct 21, 2011

South Korean Prime Minister Kim Hwang-sik met with his French counterpart Francois Fillon on Friday and agreed to support expanded cooperation between corporations, especially small- and medium-sized ones, from the two countries, Kim's office said.Fillon, the first French prime minister to visit Sou
Design Korea explores trends and future of design

IndustryOct 20, 2011

High school students take pictures of a wooden miniature of a concept car during their visit to Design Korea on Thursday. (Kim Myung-sub/The Korea Herald)Exhibits include breathing system for firefighters, LED desk lampThe ninth annual Design Korea event is under way at the COEX exhibition center i
Korean, French nuke agencies hold public acceptance forum

IndustryOct 20, 2011

A seminar hosted by the Korea Nuclear Energy Promotion Agency and the French Atomic Agency on increasing public acceptance of nuclear power plants will take place Friday at the National Assembly.At the seminar, experts from the nuclear industry and media as well as research professionals are to disc
S-Oil sets petrochemicals milestone

IndustryOct 20, 2011

Newly opened plant has world’s largest production capacity for para-xylene S-Oil’s newly expanded Onsan Plant in Ulsan was officially opened on Thursday in a ceremony attended by top industry and government officials including President Lee Myung-bak and Khalid Al-Falih, president
GS chairman stresses crisis management

IndustryOct 19, 2011

GS Holdings plans to spin off energy divisionGS Group chairman Huh Chang-soo on Wednesday urged company executives to innovate and challenge growth fields to triumph over escalating economic turmoil.“Frontrunners in every industry have established an innovative and distinct business structure
Hanwha Group to plant forest in Mongolia

IndustryOct 18, 2011

Hanwha Group, which is developing solar power as a future growth engine, is lending a helping hand to the fight against desertification.The Korean conglomerate, which sponsored the United Nations Convention to Combat Desertification meeting in Changwon, South Gyeongsang Province in October, is condu
Hanwha looks to solar power to fuel growth

IndustryOct 18, 2011

Conglomerate is working on additional production facility for solar power equipment in ChinaHanwha Group’s vertical integration of its solar power businesses is nearing completion as it seeks to take on the growing global market for solar energy and develop the business into a growth engine for the
SK to work with Chinese company on depression meds

IndustryOct 16, 2011

SK Biopharmaceuticals Co. announced Sunday that it signed a licensing deal with a Chinese pharmaceuticals maker on a potential treatment for depression and bipolar disorder. Established in April, SK Biopharmaceuticals is a subsidiary of the SK Group’s holdings company SK Corp. Under the contract, SK
Mobile Web surfing gains momentum among Korean users

TechnologyOct 16, 2011

The red-hot boom of smartphones in South Korea is reshaping the way people surf the Web, heralding changes in the cyberspace in favor of greater mobile access rather than conventional media such as desktop and laptop computers. The proportion of those accessing major Korean portals and social networ
Business community welcomes U.S. decision, urges approval in Korea

Oct 13, 2011

Korea-based companies and business organizations welcomed the U.S. legislatures’ decision to approve the Korea-U.S. Free Trade Agreement on Thursday.Companies and associations of industries with high dependence on exports were among the most vocal in welcoming the deal. The Korea Automobile Manufact
Opposition still hurdle for ratifying U.S. FTA

Oct 13, 2011

Democratic Party, liberal groups demand renegotiation on 10 pointsThe process of bringing the Korea-U.S. Free Trade Agreement into effect is likely to be a rocky one despite receiving approval from the U.S. legislature.According to Deputy Trade Minister for FTA negotiations Choi Seok-young, Korea’s
Conglomerates help SMEs enter overseas markets

IndustryOct 12, 2011

International expansion for SMEs emerges as new engine of shared growthShared growth between large companies and small- and medium-sized enterprises is one of the current administration’s main economic policies.Many of the country’s largest businesses have taken up the cause and now operate a number
Korea to allow foreign hospitals in free zones

Oct 12, 2011

The government will revise health and welfare regulations to enable foreign hospitals to set up operations in free economic zones, the Ministry of Knowledge Economy said Wednesday.The ministry said that concerned ministries including the Ministry of Health and Welfare and the Ministry of Strategy an
Foreign capital inflow continues to rise

Oct 11, 2011

Direct foreign investment into Korea during the first nine months of the year increased from a year ago, but the rate of growth slowed, government data showed Tuesday.According to the Ministry of Knowledge Economy, the amount of foreign investment reported to the authorities during the first nine mo