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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

INTERVIEW Prague intends to task KHNP with another nuclear project

The Czech government indicated its intention to place an additional order with Korea Hydro & Nuclear Power (KHNP) to build two more nuclear reactors in the southern village of Temelin. This will follow once the Korean government-owned nuclear power plant operator proceeds with the construction of two reactors in the municipality of Dukovany.

Feb 19, 2025By Park Jae-hyuk
[INTERVIEW] Prague intends to task KHNP with another nuclear project
  • Seoul, Prague strengthen ties as Czech tech firms court Korean investors

FKI grows influence by welcoming Naver, Kakao, HYBE

The Federation of Korean Industries (FKI) is widening its clout as more tech-savvy information technology (IT) firms and emerging business powerhouses are set to join the major business lobby.

Feb 19, 2025By Lee Min-hyung
FKI grows influence by welcoming Naver, Kakao, HYBE

CJ CheilJedang expands K-food market to US soldiers in Guam

Major food company CJ CheilJedang has begun selling its food products to U.S. military bases in Guam, expanding its market to American soldiers stationed outside their country, the food arm of CJ Group said Wednesday.

Feb 19, 2025By Ko Dong-hwan
CJ CheilJedang expands K-food market to US soldiers in Guam

Warehouse stores gain popularity as supermarkets lose consumers

Warehouse stores are gaining traction in the country’s retail market, marking year-on-year growth in both sales and operating profit. In contrast, major supermarket chains are seeing a decline in the number of locations due to reduced sales.

Feb 19, 2025By Ko Dong-hwan
Warehouse stores gain popularity as supermarkets lose consumers

Hyundai, Samsung brace for hefty US tariffs after Trump reveals implementation details

Korean automotive and chip companies are devising strategies to deal with looming hefty tariffs on their U.S. exports, industry observers said Wednesday, after U.S. President Donald Trump announced his intention to impose auto duties of around 25 percent and similar levels on chips.

Feb 19, 2025By Yonhap
Hyundai, Samsung brace for hefty US tariffs after Trump reveals implementation details

Over 60 % of policy loans to be frontloaded in H1

Korea's financial regulator said Wednesday that it will instruct policy lenders to implement over 60 percent of their low-interest rate loans aimed at helping to boost corporate investment in the first six months of the year.

Feb 19, 2025By Yonhap
Over 60 % of policy loans to be frontloaded in H1

HD Hyundai awards scholarships to children of shipyard accident victims

For the first time since its launch in September, the HD Hyundai HeeMang Foundation has awarded scholarships to the children of victims of shipyard accidents.

Feb 19, 2025By Park Jae-hyuk
HD Hyundai awards scholarships to children of shipyard accident victims

Celltrion to buy back $69 mil. of stocks for enhanced shareholder value

Celltrion, a major Korean biopharmaceutical firm, said Wednesday it will buy back 100 billion won ($69 million) worth of its own stocks to boost its shareholder value.

Feb 19, 2025By Yonhap
Celltrion to buy back $69 mil. of stocks for enhanced shareholder value

Korean TikTok users on rise despite data leakage worries

Korean users of the popular short-video app TikTok are on the rise despite concerns over possible data leakage, an industry data tracker said Wednesday.

Feb 19, 2025By Yonhap
Korean TikTok users on rise despite data leakage worries

Coupang Eats to lower commission fees in April

Online food delivery platform Coupang Eats said Tuesday it will lower commission fees for restaurants using its platform in April to ease their financial burdens.

Feb 19, 2025By Ko Dong-hwan
Coupang Eats to lower commission fees in April
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