Recorded operating profit KRW 88.9 billion and net profit KRW 31.6 billion in 2021 with the outcome of its relentless focus on R&D Attributed to export upswing of Nabota, KRW 1.1 trillion overseas technology transfer of Fexuclue tablets, and growth of highly profitable ETC drugs SEOUL, South Korea , Feb. 21, 2022 /PRNewswire/ -- Daewoong Pharmaceutical (Daewoong) (CEO Sengho Jeon & ...

SEOUL, South Korea , Feb. 21, 2022 /PRNewswire/ -- HanAll Biopharma (KRX: 009420.KS) announced today the appointment of Almira Chabi , M.D. as Chief Medical Officer and Chief Development Officer at HanAll Pharmaceutical International (HPI), a U.S. entity wholly owned by HanAll Biopharma, to strengthen its R&D capability. "We are extremely pleased to welcome Dr. Chabi as Chief Medical and De...

New Soft Commodity products expand FP Markets Soft Commodities Portfolio to 9 (nine) via the FP Markets Metatrader 4 (MT4) & Metatrader 5 (MT5) Platform. SYDNEY , Feb. 21, 2022 /PRNewswire/ -- FP Markets has expanded its offering by adding new Soft Commodities products to the FP Markets MT4 & MT5 Platforms. Recently recognised as the Best Global Forex Value Broker 2021 , Best Forex T...

The inheritance tax bill faced by Samsung Group’s leader Lee Jae-yong was again mentioned in the televised debate among key presidential candidates on Monday as People Power Party’s Yoon Suk-yeol and Justice Party’s Sim Sang-jung quarreled over Yoon’s pledge to abolish capital gains tax on stocks. Sim first asked Yoon, “Do you know why the tax was introduced?” When Yoon said no, Sim said, “The ...

Lee Jae-myung, presidential candidate of the ruling Democratic Party, apologized to small business owners and self-employed people who sustained losses from the social distancing measures, drawing a clear line with the Moon Jae-in administration’s quarantine policies. “The first duty of the state is to protect the lives and safety of the public, and protecting the lives of the people from infect...

Presidential nominee Lee Jae-myung of the ruling Democratic Party of Korea attacked his main rival Yoon Suk-yeol of the main opposition People Power Party for his possible involvement in the Daejang-dong development scandal during the presidential TV debate Monday. The ruling party candidate held up a sign showing excerpts of a conversation between Kim Man-be, owner of Hwacheon Daeyu Asset Manag...

Yoon Suk-yeol, candidate of the main opposition People Power Party, put forward the idea of “digital data economy” in Monday’s televised debate, inciting criticism from Ahn Cheol-soo, the opposition People’s Party’s nominee. “It is an era of slow growth. It is difficult to resolve the economic polarization and encourage social mobility at a time like this. We have to strengthen the digital data ...

Presidential candidate Lee Jae-myung of the ruling Democratic Party of Korea was accused of mimicking former conservative President Lee Myung-bak’s vision for economic growth of South Korea. Rep. Sim Sang-jung of the left-wing Justice Party asked during a televised presidential debate Monday if Lee Jae-myung, a liberal, was copying Lee Myung-bak in promising specific figures for target in laying...

Hyun-sik also said that BTOB took a leap of faith this time, as the two bandmates took the helm in producing the whole album, which was also the first time they had done this. ”Producing an album on our own was a hassle. It was difficult, but on the other hand, it means that I’ve devoted that much time and amount, so I‘m satisfied with our outcome,” he added. Min-hyuk also wrote five other side...

South Korea’s top health official said Monday the surge the country is experiencing now is necessary to move toward an endemic phase from the pandemic, and omicron’s milder severity aids the transition. Son Young-rae, the Ministry of Health and Welfare’s spokesperson, said the recent uptick in hospitalizations and deaths driven by the omicron variant “does not warrant the same level of alarm as ...

South Korea stopped monitoring COVID-19 patients younger than 60 beginning Feb. 10 in a switch to what is known as a self-care scheme, after the milder omicron overtook delta as the dominant strain here. But following deaths among younger patients isolating at home, concerns are rising over possible safety oversights in the new system. According to health authorities Monday, at least two pati...

Mounting concerns over Russia’s possible invasion of Ukraine are increasingly weighing on an already jumpy local stock market, as investors price in a full-blown geopolitical crisis that could send foreigners holding Korean shares fleeing back home. The benchmark Kospi tumbled to 2,743.80, down 0.03 percent or 0.72 points from Friday’s closing. Foreigners, whose holdings account for a little ove...

Singer-actor Kim Woo-seok will bring out his third EP, “3rd Desire [Reve],” on March 7, according to agency TOP Media on Monday. It has been over a year since he released his second EP “2nd Desire [Tasty.]” “Reve” means dream or daydream in French and the forthcoming EP will be the last installment of the “desire” series he has released since his debut as a solo musician. Kim debuted ...

A new president is about to be elected, leading South Korea through the next phase of the pandemic. So why is COVID-19 getting so little attention in the presidential race? It wasn’t until after a hospital bed shortage induced by the “living with COVID-19” scheme in November that the leading candidates -- the ruling Democratic Party of Korea’s Lee Jae-myung and main opposition People Power Par...

Rival candidate Yoon Suk-yeol of the main opposition People Power Party, who is running neck and neck in polls with Lee, has put on “performances” with various items to grab the attention of the voters. In an event in Geoje, South Gyeongsang Province, on Sunday, Yoon also beat on a large drum his campaign team had prepared, “just like how Yi Sun-sin, the admiral and military general, declared hi...