Global biotherapeutics and bioengineering firm Lemonex won a ministerial award for its innovative next-generation drug delivery technology called DegradaBALL. At the 12th Innobiz Company Award held Dec. 17 -- sponsored by the Ministry of SMEs and Startups and hosted by The Korea Herald and the Herald Business -- Lemonex received an Industry and Energy Ministerial prize for the innovative technology. DegradaBALL is Lemonex’s original technology that delivers novel drug candidates to topi

Credit card provider Lotte Card has recently rolled out a new reward system that covers all of its LOCA branded credit cards. The new reward system offers convenience for credit card subscribers, as they don’t need to spend time working out which credit card offers the most benefits for each purchase. It automatically sets rewards for subscribers of one of eight LOCA credit cards. The LOCA brand consists of three LOCA plastic cards that offer general benefits, and another five, named &l

Hyundai Mobis, an auto parts arm of Hyundai Motor Group, has been recognized for its continued efforts for sustainable corporate management. The Seoul-based company on Dec. 4 was awarded with the Prime Minister’s prize for striving for inclusive growth across the ecosystem of the local auto parts industry. In April, when the country was in the midst of the first wave of the COVID-19 outbreak, the firm offered a helping hand to its partners, endorsing a three-month rollover on receivabl

100 Classics is an English education service brand for children and teenagers not only in Korea, but also the US and Japan. Owned by education company In Times In, 100 Classics provides a systematic program that helps students with reading, writing and discussions in English, in addition to consulting services for those applying to prestigious schools in the US.  100 Classics helps students enhance their English communication, creative thinking, critical thinking, writing and debating ski

진행자: 손지형, Kevin Lee Selzer 1. Virus changes drinking habits [1] In the time of COVID-19, get-togethers and celebrations are a no-no due to increased social distancing measures. *get-togethers: 모임 *celebrations: 축하 *a no-no: 해서는 안 되는일 [2] According to a drinking habits survey released Thursday by the Ministry of Food and Drug Safety, home became the most preferred place to drink in the coronavirus era, whereas pubs and restaurants used to be the top drinking locations before. *prefer: 선호

Very few of the people who voted for US President Donald Trump in the 2020 election are plutocrats who benefited from his and congressional Republicans’ tax cut, or even wannabe plutocrats who can hope to benefit from it in the future. Some Trump voters doubtless are very focused on the installation of right-wing judges on the federal bench. But many among the 74 million who voted for Trump did so for other reasons. The one reason most of them share, however, is that Trump presided during

This column is about a massive cyberattack and a pair of poisoned underpants that lead to a giant question: Can Joe Biden figure out how to handle Vladimir Putin’s Russia after President Donald Trump leaves town? Trump is ignoring the just-discovered hack of federal government and much of corporate America by Moscow, even as he still claims the Russia hack of the 2016 election was “a hoax.” Never mind that Secretary of State Mike Pompeo has named Russia as the culprit. Trump b

In 2020, most major events and memorable moments at home and abroad were related to the coronavirus pandemic. From the reported outbreak in Wuhan early this year, the virus quickly spread to other countries, leading to lockdowns of many cities and towns, and dealt a severe blow to the global economy.  As the year ends, nearly 80 million people have been infected with COVID-19 and about 1.7 million have died. Despite the calamity, the world is pinning hopes on the pandemic ending in the co

The application for court receivership this week by SsangYong Motor, the second of its kind in a little over a decade, shows the limit and risk of corporate restructuring work swayed by political logic. On Monday, SsangYong, the South Korean unit of Indian carmaker Mahindra & Mahindra, took the measure after it defaulted on 60 billion won ($54 million) in debts to its foreign creditor banks last week. The lenders rejected an earlier request by the company to roll over the loans. SsangYong

As 2020 draws to a close, a loud sigh will be heard around the world. But the daunting battle against the COVID-19 pandemic remains. It is as widespread and deadly as ever, a situation unimaginable on New Year’s Eve last year, when China first informed the World Health Organization about a “pneumonia of unknown cause” spreading in Wuhan. The Johns Hopkins University tally, so far, has counted more than 76 million cases and some 1.7 million deaths around the planet. Just-relea

Joe Biden is going to have a lot of complicated issues competing for his attention when he takes office next month. Among the thorniest is Iran. During his presidential campaign, Biden promised to revive President Barack Obama’s 2015 nuclear deal with the Tehran regime. That’s the one President Donald Trump denounced as toothless and abandoned in 2018. Since then, Trump has imposed ever more punishing economic sanctions on Iran, but they haven’t caused Iran to bend to his wil