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"We came to enjoy the view of Han River when we stumbled upon this music concert. It’s our first time in Seoul, and the first time seeing Korean singers and orchestras perform. In Latvia, we don’t have such outdoor concerts on weekends, except for special national holidays, so it’s a lovely surp...
A diverse range of institutions -- from medical experts and ESG-focused companies to art students and pet care providers -- engaged visitors through interactive booths at Wellness Seoul 2024, offering a blend of health, creativity and eco-friendly initiatives aimed at inspiring a higher quality of ...
LG Energy Solution on Monday vowed to double its annual sales by 2028 based on expanding and diversifying battery businesses outside of electric vehicles while continuing to secure technological leadership in the EV battery sector. “We will not settle at producing and selling batteries anymore, b...
South Korea's leading contract development and manufacturing organization Samsung Biologics said Monday it will participate in Europe’s largest bio conference, the Convention on Pharmaceutical Ingredients Worldwide 2024. The CPHI, one of the biggest bio conferences, is held annually in major Euro...
Fueled by the surge in digital content consumption during the pandemic, the global webcomic market has seen unprecedented growth in recent years, with South Korea, home to a $1.1 billion webtoon market, cementing its position as a leader in this burgeoning industry. Leveraging Korea's unmatched ma...
The fight for management control of Korea Zinc, the world’s largest zinc smelter, has escalated into a game of chicken worth over 5 trillion won ($3.7 billion). As the bidding war heats up, both Korea Zinc and its would-be controllers are at risk of falling prey to the “winner’s curse.” On Fri...
McDonald's Korea said Sunday that it has received a commendation from the Ministry of Health and Welfare for its ongoing efforts to improve job security for senior citizens. The award ceremony was held Wednesday in Seoul to mark the 28th National Day of Older Persons here. The hamburger chain has...
LG Energy Solution has reaffirmed its commitment to growing its presence in the rapidly expanding North American energy storage system market, aiming to capitalize on the region’s increasing demand for sustainable energy solutions. In a recent interview with UK-based industry publication Energy S...
G-Star, Korea’s top annual gaming convention, is getting ready for its 20th edition set to open at the Busan Exhibition & Convention Center, or Bexco, on November 14. The G-Star organizing committee said this year’s event will feature 3,281 booths, slightly more than the previous year, which was...
MBK Partners, the country’s leading private equity house with over $30 billion to its name, has once again found itself meddling in an ownership turmoil, as it moves beyond its typical buyout-and-exit strategy. Last month, MBK announced plans to acquire around 15 percent of the world’s biggest z...
SK On is looking to raise 1 trillion won ($755 million) through a rights offering as the battery maker continues efforts to improve its financial structure amid ongoing losses due to the sluggish growth of the electric vehicle market. Parent company SK Innovation announced in a regulatory filing o...
By Lee Kwon-hyung (kwonhl@heraldcorp.com) and Hwang Joo-young ( flylikekite@heraldcorp.com )
Lotte Corp., the South Korean holding company of Lotte Group, is strengthening its corporate social responsibility campaigns, placing particular focus on children, women and military personnel. Since 2017, the company has been supporting local community centers dedicated to after-school care for c...
Korea Zinc, the world's largest zinc smelter, is launching a tender offer to repurchase shares valued at up to 3.1 trillion won ($2.25 billion) to defend its position in the ongoing management dispute with Young Poong, its largest shareholder, and private equity firm MBK Partners. Korea Zinc Chair...
Spending quality time for physical and mental well-being has become a mantra for people living in today’s fast-paced world. To promote a healthier and more balanced lifestyle, Herald Media Group, publisher of The Korea Herald, is launching its inaugural Wellness Seoul 2024 with support from the S...
Paper firms fined W30b for colluding on newsprint prices
Main opposition pushes to ease, not postpone, tax on crypto gains
Koreans' overseas investments exceed foreigners' local investments for the first time
Mercedes-Benz Korea helps startups expand globally
[From the Scene] Gigantic Olive Young store lures young trend-setters in Seongsu
Korean Air offers special flights for mileage users