Witnessing members of the ruling People Power Party rejoicing on June 1 after their crushing victory in the local elections, it seemed the party was set for smooth sailing, at least until the end of this year. But the party already appears to be breaking up into factions, and the ongoing power struggle between close aides of President Yoon Suk-yeol and others including People Power Party Chairma...

LG Electronics said Tuesday its automotive parts business has secured new orders worth 8 trillion won ($6.16 billion) in the first half of this year, with the total cumulative orders set to exceed 65 trillion won by the end of this year. The company said its Vehicle Component Solution unit has recently signed a series of new deals with global carmakers to supply its in-vehicle infotainment syste...

South Korea’s main opposition Democratic Party of Korea’s internal feud is intensifying as members clash over the rules to elect a new chair at the party’s upcoming national convention in August. Ahn Gyu-baek, head of national convention preparations committee with the Democratic Party, announced his intent to resign from the committee Tuesday to express discontent with the party leadership’s de...

LG Innotek said on Tuesday its membership in RE100 has been approved. RE100 is an international campaign launched by nonprofit organization the Climate Group in partnership with Carbon Disclosure Project in 2014. The campaign aims for member businesses that consume more than 100 gigawatt-hours a year to switch to 100 percent renewable electricity sources like wind and solar power by 2050. Some...

Oriental Brewery, South Korea’s largest beer maker, said Tuesday that it has launched a campaign to stop drunk driving. As part of the campaign, the brewery said it has equipped 20 of its distribution trucks with sensor maker Sentech Korea’s ignition interlock devices. The ignition interlock device uses a breathalyzer to measure the driver’s blood alcohol levels. The device inhibits cars from s...

The personal fortune of Samsung Electronics Vice Chairman and de facto leader Lee Jae-yong has decreased by over 2 trillion won ($1.54 billion) during the first half of 2022 as shares of key Samsung affiliates tumbled due to bearish stock market in Korea, data showed Tuesday. As a result, the total worth of Lee’s combined stake in Samsung affiliates fell to 12.03 trillion won as of end-June, fro...

Jeju tourism did not just bounce back to pre-pandemic levels -- it has reached a new high thanks to high travel demand from domestic tourists, suggests new data released Tuesday. According to tentative data compiled by the Jeju Special Self-Governing Provincial Tourism Association, the number of domestic tourists to the southern resort island hit an all-time high of 6.8 million during the first ...

Lefort recalled France’s cooperation with Korea in its postwar reconstruction, such as in the telecommunications network. “France has been a key partner to Korea’s entry into its modern era, with the development of Korea’s high-speed train, today known as KTX, in the 1990s,” said Lefort. “French companies also supported Korea’s industry rebound following the Asian crisis,” Lefort said, referrin...

SINGAPORE , July 5, 2022 /PRNewswire/ -- Radisson Hotel Group has continued to expand its portfolio in Vietnam with the signing of a brand-new upscale resort in Mui Ne, the popular beachside destination on the country's stunning, sun-soaked southeast coast, just a short drive from Ho Chi Minh City . The 128-key Radisson Resort Mui Ne is scheduled to open in Q3 2023 Scheduled to open in...

Boy band CIX met fans in Saudi Arabia through “Saranghae KSA - Jeddah K-Pop Festival 2022,” held at Jeddah Superdome on Friday. The three-day Korean music and culture event was Saudi Arabia’s first K-pop festival, introducing fans to a range of Korean favorites. The group closed the last day of the jam-packed live session with mega-hits “What You Wanted,” “Bad Dream,” “Lost,” “Change Me,” “Ever...

South Korea's exports of farm and fisheries products grew 14.6 percent in the first half of this year on solid demand for Korean food, data showed Tuesday. Outbound shipments of agricultural and fisheries goods came to $6.21 billion in the January-June period, up from $5.42 billion from a year earlier, according to the Ministry of Agriculture, Food and Rural Affairs. The figure represents the l...

Army Gen. Kim Seung-kyum was set to take office as the new head of South Korea's Joint Chiefs of Staff (JCS) on Tuesday as Seoul seeks to cement its alliance with Washington and beef up defense to counter North Korea's evolving military threats. Kim will become the first general to take the JCS helm without a parliamentary confirmation hearing since 2006, when the legislative procedure was intro...

President Yoon Suk-yeol challenged reporters Tuesday to compare his personnel choices with those of the previous administration, suggesting he was doing no worse a job than his predecessor. Yoon put up the defense a day after his pick for health minister withdrew over allegations she diverted political funds for personal use and his nominee for chief of the antitrust regulator was forced to apol...

South Korea and Malaysia jointly held a virtual subpanel session of a regional defense forum involving the Association of Southeast Asian Nations (ASEAN) on Tuesday to discuss cybersecurity cooperation, Seoul's defense ministry said. The experts' cybersecurity working group of the ASEAN Defense Ministers' Meeting-Plus (ADMM-Plus) kicked off the two-day session as Seoul seeks to deepen cooperatio...