Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Tuesday it has received a 583 billion won ($490 million) order to build two patrol frigates for the Philippines. KSOE is the shipbuilding subholding company of Hyundai Heavy Industries Group, the world's biggest shipbuilder by orders. Under the deal signed with the Southeast Asian country's defense ministry, KSOE's main affiliate Hyundai...

Seoul shares closed higher on Tuesday as foreign and institutional investors scooped up market heavyweights following overnight US gains. The local currency fell against the US dollar. After a choppy session, the benchmark Korea Composite Stock Price Index (Kospi) went up 20.69 points, or 0.69 percent, to 3,020.24 points. Trading volume was moderate at about 593 million shares worth some 11.9 t...

GC Pharma has recently launched a new high-content multivitamin called B-max Meta B. B-max Meta B contains 30 milligrams of bisbentiamine that passes through the blood brain barrier to help the human brain’s metabolism, the company said. The product also has high amounts of vitamin B12, vitamin D, magnesium and zinc to aid people in controlling their health, it added. The new supplementary mult...

Additional award opportunities and add-on activities also boost children’s enjoyment in the program. On top of certifying completion of books and offering certificates of completion, 100 Classics provides students with opportunities to participate in journalism activities, take part in contests and enjoy Halloween and Christmas festivities. "The common background of high-achieving students, soc...

Home appliances company Coway said its new induction cooktop is enjoying high demand thanks to its auto cooking function, as more consumers are choosing to cook at home rather than eat out amid the pandemic. The auto cooking function of Coway’s Noble Induction Freedom, launched in November, saves the trouble of watching and controlling the heat for pots and pans to keep the contents from burning...

South Korea called Tuesday for Japan's retraction of a push to list a former mine linked to wartime forced labor as a UNESCO World Heritage Site, calling it "very deplorable." Japan's Agency for Cultural Affairs has reportedly been pushing to register the Sado mine on the coveted list where Koreans were forced into hard labor during Tokyo's 1910-45 colonization of the Korean Peninsula. The move...

A vehicle skidded on an icy road in central South Korea and struck and killed three migrant workers who were out on the road to take care of an earlier accident, police said Tuesday. The mishap happened in the city of Asan, about 85 kilometers south of Seoul, on Monday evening when four people -- two Russians, one Uzbek and one Kazakh -- were helping out the Filipino driver of a 1-ton freight tr...

Nonetheless, these problems are all resolved easily and idealistically in the movie. Also, rookie actor Jo Joon-young, who stars as a high school athlete in love with the most popular girl (Won Ji-an) in school, often shows his inexperience in the film. This is Jo’s first commercial film debut. Despite these defaults, the movie is still watchable. The rookie’s amateurishness is offset through ...

North Korea hit back Tuesday at a recent US decision to retain it on the list of state sponsors of terrorism, accusing Washington of having engaged in terrorist acts under the pretext of "counterterrorism." Earlier this month, the State Department unveiled its annual Country Reports on Terrorism 2020, which kept the North on the list, along with Iran and Syria. In a post on its foreign ministry...

A policy of “strategic ambiguity” has guided South Korea’s diplomacy over the years, with Seoul seeking to juggle relations with its security ally Washington and key trade partner Beijing. But this precarious balancing act may no longer be sustainable, according to a key foreign policy adviser to the main opposition People Power Party’s presidential nominee. In an interview with The Korea Heral...

Korea Agro-Fisheries & Food Trade Corporation (aT) has been at the center of promoting kimchi overseas, expanding the fermented dish’s presence in the United States and increasing its global exports. Located in Naju, South Jeolla Province, the state-owned company overlooks the distribution and transaction of all agricultural goods produced in Korea. One of its recent efforts is promoting kimchi...

Lotte Card recently launched a new credit card series that aims to offer best deals for shopping, dining out and more for millennials and Gen Z customers. The four cards under its so-called Loca Likit series – Loca Likit 1.2, Loca Likit Eat, Loca Likit Play and Loka Likit Shop – offers its users different discounts and cost-effective options for the shops they want. Loca Likit 1.2 pays 1.2 perc...

Dunamu, the operator of Korea’s largest cryptocurrency exchange Upbit, is putting priority on protecting investors in the fast-growing crypto market by correcting deposit errors and strengthening its security systems. The blockchain company has recently returned 154 billion won ($130 million) to investors who had mistakenly deposited money into other people’s blockchain wallets. Since 2017, the...

Korea International School, in Bundang, Gyeonggi Province, focuses on providing students a chance to learn about global citizenship, integrity, adaptability, balance in life, and empowerment. The international school honors diversity. Students and faculty members of thirty-seven nationalities and their cultures are represented at KIS. It supports multilingual students, allowing them to use more ...

South Korea plans to double the number of electric and hydrogen vehicles on its roads next year as part of efforts to achieve its goal of net zero carbon emission by 2050. The government will seek to bring up the number of electric and hydrogen cars in use to about 500,000 in 2022, from the current level of about 248,000 units, the environment and four other ministries said in their joint announ...