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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.

Jeju Air passengers cancel flight tickets en masse following deadly crash

A surge in cancellations of travel deals and airline tickets was reported Monday as concerns over aviation safety mounted following a deadly airliner crash that claimed 179 lives, according to industry sources.

Dec 30, 2024By Yonhap
Jeju Air passengers cancel flight tickets en masse following deadly crash

Lotte gears up to improve competitiveness with AI, global biz

Lotte Group is gearing up to improve its corporate competitiveness by embracing artificial intelligence (AI) technologies and expanding its global businesses.

Dec 30, 2024By Nam Hyun-woo
Lotte gears up to improve competitiveness with AI, global biz

Samsung Display receives top zero waste certification

Samsung Display has won the highest rating on the “Zero Waste to Landfill” certification in recognition of its resource recycling efforts at all of its domestic and overseas worksites, the company said Monday.

Dec 30, 2024By Lee Min-hyung
Samsung Display receives top zero waste certification

Jeju Air crash sparks blame game between airline and Boeing

A fatal crash of a Jeju Air passenger jet has sparked controversy over whether greater responsibility lies with the low-cost carrier (LCC) or Boeing, the manufacturer of the ill-fated 737-800 aircraft.

Dec 30, 2024By Lee Min-hyung
Jeju Air crash sparks blame game between airline and Boeing
  • Jet crash disaster in Korea marks another setback for Boeing
  • Jeju Air plane flew relentlessly before tragedy with minimal maintenance

Coupang dominates local e-commerce market, but Chinese rivals gain ground

This year, Coupang solidified its position as a leader in Korea's e-commerce industry, achieving profitability in the third quarter and posting record-breaking quarterly sales. At the same time, Chinese platforms are quickly gaining popularity among local consumers, drawing attention with prices that are significantly more competitive than those offered by their Korean rivals.

Dec 30, 2024By Ko Dong-hwan
Coupang dominates local e-commerce market, but Chinese rivals gain ground

KOGAS officials fake documents for permanent residency in Australia

Two officials of Korea Gas Corp. (KOGAS) manipulated their records and provided the wrong information to Australian immigration authorities in an attempt to acquire permanent residency in the country, Korea's state-run natural resource developer said Sunday.

Dec 29, 2024By Ko Dong-hwan
KOGAS officials fake documents for permanent residency in Australia

Business association heads forecast sluggish economy in 2025

Korea’s top business association leaders shared a pessimistic outlook for the coming year, forecasting a slowdown in economic growth and mounting uncertainties due to political turmoil both domestically and internationally, in their New Year messages released on Sunday.

Dec 29, 2024By Nam Hyun-woo
Business association heads forecast sluggish economy in 2025

Disabled gamers join Coupang's esports team

Nine gamers in their 20s with disabilities, along with a manager known as the "captain," were recently hired as employees of Coupang, joining the e-commerce firm’s esports team, which was established in October.

Dec 28, 2024By Park Jae-hyuk
Disabled gamers join Coupang's esports team

Hanwha Systems exports fire control systems to Egypt

Hanwha Systems clinched a symbolic contract to export its fire direction and control systems used for armed vehicles and artilleries to Egypt for the first time among Korean defense firms, the company said Friday.

Dec 27, 2024By Lee Min-hyung
Hanwha Systems exports fire control systems to Egypt

CJ benefits from partnership between Shinsegae, Alibaba

CJ Group will enjoy an unexpected benefit from the recent partnership between Shinsegae Group and Alibaba International, as its logistics arm is widely forecast to secure more parcel orders from the two e-commerce clients, market watchers and industry officials said Friday.

Dec 27, 2024By Lee Min-hyung
CJ benefits from partnership between Shinsegae, Alibaba
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