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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.

Serving sizes shrink in Korea as more people dine alone

Restaurant and delivery foods that have been popular picks for parties and gatherings are becoming smaller in size. The trend is due to the rise in the number of solo customers and single-person households in Korea.

Jan 21, 2025By Ko Dong-hwan
Serving sizes shrink in Korea as more people dine alone

BYD to follow AliExpress model for faster inroads into Korea

BYD Korea will adopt a similar strategy to AliExpress by prioritizing the expansion of its initial market share through aggressive pricing even at the cost of a low margin, experts and industry officials said Monday.

Jan 21, 2025By Lee Min-hyung
BYD to follow AliExpress model for faster inroads into Korea

TRUMP 2.0 Uncertainties over Trump's tariff threats remain too large to predict

When the Washington Post on Jan. 6 reported that then-U.S. President-elect Donald Trump might impose universal tariffs on certain critical sectors, rather than all imports, the dollar index, which compares the value of the U.S. dollar against six major currencies, fell more than 1 percent, snapping the greenback’s rally in recent months.

Jan 21, 2025By Nam Hyun-woo
[TRUMP 2.0] Uncertainties over Trump's tariff threats remain too large to predict

PTKOREA's older adult internship program creates synergy

PTKOREA, a digital marketing service subsidiary of Cheil Worldwide, said Monday that its senior internship program is fostering synergy between the company’s young workforce and older interns, with both groups playing complementary roles in marketing activities targeting older consumers.

Jan 20, 2025By Nam Hyun-woo
PTKOREA's older adult internship program creates synergy

Starbucks Korea to raise prices of 22 beverages

Starbucks Korea announced, Monday, that it will raises the prices of 22 coffee and tea beverages by 200 won ($0.15) to 300 won on Friday, citing soaring ingredient costs and the rising exchange rate due to the weakening Korean currency.

Jan 20, 2025By Ko Dong-hwan
Starbucks Korea to raise prices of 22 beverages

POSCO Future M receives awards from 3 ministries

POSCO Future M said Monday that it recently received awards from the trade, environment and labor ministries for its efforts to promote exports, protect the environment and prevent workplace accidents.

Jan 20, 2025By Park Jae-hyuk
POSCO Future M receives awards from 3 ministries

LG CNS IPO process gains traction

LG CNS’ initial public offering (IPO) is gaining traction, with the company setting its offering price at the high end of its desired price range. With subscriptions for retail investors set to open on Tuesday, there is growing interest in how much the stock price will surge on its debut day.

Jan 20, 2025By Nam Hyun-woo
LG CNS IPO process gains traction

Korean companies poised to rebuild Ukraine as Trump takes office

Donald Trump’s inauguration as the 47th U.S. president on Monday (local time) has been boosting prospects of Korean construction companies, equipment makers and tech firms aiming to take part in the $900 billion project to rebuild Ukraine.

Jan 20, 2025By Park Jae-hyuk
Korean companies poised to rebuild Ukraine as Trump takes office

KT&G boosts global manufacturing with Turkey factory expansion

Korean tobacco giant KT&G expanded its factory in Turkey as part of its efforts to become a global top-tier company and strengthen its international operations.

Jan 20, 2025By Ko Dong-hwan
KT&G boosts global manufacturing with Turkey factory expansion

Hankook Tire aims to boost sales in North America with new high-performance tire

Hankook Tire aims to boost revenue in North America with the launch of its new high-performance tire lineup, the Ventus evo. The tire maker expects the enhanced brake capability and strong cornering of the Ventus evo to drive increased demand from automotive clients there, the tire maker said Monday.

Jan 20, 2025By Lee Min-hyung
Hankook Tire aims to boost sales in North America with new high-performance tire
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