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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.

Automakers prioritize electric SUVs to tackle market downturn

Major carmakers are realigning their 2025 management strategies, focusing on electric SUVs to tackle growing risks posed by the global automobile market downturn, industry officials said Wednesday.

Jan 1, 2025By Lee Min-hyung
Automakers prioritize electric SUVs to tackle market downturn

Conglomerate leaders deliver low-key New Year messages as nation mourns

Leaders of major conglomerates kept their New Year’s speeches subdued, reflecting the national mourning following last week's deadly plane crash.

Jan 1, 2025By Lee Min-hyung
Conglomerate leaders deliver low-key New Year messages as nation mourns
  • Retailers unite to aid bereaved families of Jeju Air crash

Foreign chambers of commerce offer condolences to plane crash victims

Foreign chambers of commerce joined Korean business associations in offering condolences to the victims of the Jeju Air plane crash at Muan International Airport in South Jeolla Province.

Jan 1, 2025By Park Jae-hyuk
Foreign chambers of commerce offer condolences to plane crash victims
  • Retailers unite to aid bereaved families of Jeju Air crash

Retailers unite to aid bereaved families of Jeju Air crash

E-commerce firms, apparel makers, convenience store chains and food companies have joined efforts to donate winter supplies and daily necessities to the bereaved families of the Jeju Air plane crash victims at Muan International Airport in South Jeolla Province, while scaling back their traditional New Year marketing campaigns.

Jan 1, 2025By Park Jae-hyuk
Retailers unite to aid bereaved families of Jeju Air crash
  • Foreign chambers of commerce offer condolences to plane crash victims
  • Conglomerate leaders deliver low-key New Year messages as nation mourns

Exports of Korean snacks, beverages rise on popularity of Korean cuisine

Exports of Korean snacks and beverages have risen sharply last year, driven by the growing global popularity of Korean cuisine, government data showed Wednesday.

Jan 1, 2025By Yonhap
Exports of Korean snacks, beverages rise on popularity of Korean cuisine

Hyundai Steel takes part in end-of-year blood donation campaign

Hyundai Steel participated in an end-of-year blood donation campaign for children with pediatric cancer as part of its efforts to fulfill corporate social responsibility, the company said Tuesday.

Dec 31, 2024By Lee Min-hyung
Hyundai Steel takes part in end-of-year blood donation campaign

NCSOFT leads peers in ESG ratings for 4 straight years

NCSOFT maintained its position as the highest-rated Korean game developer in Morgan Stanley Capital International's (MSCI) environmental, social and governance (ESG) ratings for the fourth consecutive year.

Dec 31, 2024By Nam Hyun-woo
NCSOFT leads peers in ESG ratings for 4 straight years

Luxury fashion brands to raise prices in 2025

Luxury fashion brands in Korea are set to increase retail prices for their products in the new year, further pushing high-end goods out of reach for average consumers in the country.

Dec 31, 2024By Ko Dong-hwan
Luxury fashion brands to raise prices in 2025

Jeju Air tragedy raises concerns over LCC safety

The tragic crash of a passenger jet — operated by Jeju Air — is feared to spark a spree of air ticket cancellations for other low-cost carriers (LCCs) amid customers’ growing distrust in the safety of budget carriers, industry officials said Tuesday.

Dec 31, 2024By Lee Min-hyung
Jeju Air tragedy raises concerns over LCC safety

Aekyung Group faces consumer boycott following Muan airport crash

There are growing signs of a boycott against products manufactured by Aekyung Group, the parent company of Jeju Air, following the crash of one of its aircraft at Muan International Airport on Sunday, which claimed the lives of 179 people on board.

Dec 31, 2024By Ko Dong-hwan
Aekyung Group faces consumer boycott following Muan airport crash
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