Economy - The Korea Times

Stronger electric range

A model introduces LG Electronics’ new hybrid-type electric range at the electronics maker’s device outlet in Gangnam, southern Seoul, Wednesday. The company said the new device has been improved to provide stronger output even without additional voltage boosting. / Courtesy of LG Electronics

Aug 10, 2016

IoT for energy use

LG Uplus employees promote a functional upgrade of its Internet of Things (IoT) based energy management service, IoT Energy Meter,at the company’s headquarters in Yongsan, Seoul, Wednesday. The telecom company said the upgraded service notifies users if they are consuming too much electricity that they may have to pay more for, and provides electricity consumption comparison of neighbors. / Courtesy of LG Uplus

Aug 10, 2016

Artificial snow at Rio

Visitors to the Rio Olympic Games enjoy artificial snow sprayed in front of KT’s promotion booth on Copacabana beach in Rio de Janeiro, Brazil, Tuesday. KT established the booth to promote the upcoming 2018 PyeongChang Winter Games. / Courtesy of KT

Aug 9, 2016

Mini-washing machine

A model promotes Dongbu Daewoo Electronics’ new 6-kilogram-class washing machine in this file photo. The electronics maker said it has rolled out the mini-washing machine targeting the rising trend of small households. / Courtesy of Dongbu Daewoo Electronics

Aug 8, 2016

Keep doors closed

Members of the retail business association in Myeong-dong stage a campaign, urging its member stores not to leave the doors open when they turn on the air-conditioning, in one of the most popular shopping districts in Seoul, Monday. Leaving the doors of air-conditioned stores open goes against the law but some shop owners are willing to risk being fined in order to attract more customers. / Yonhap

Aug 8, 2016

Olympic marketing

Customers look through promotional goods designed to celebrate the Rio de Janeiro Olympics at LotteDepartment Store’s outlet in downtown Seoul, Sunday. / Yonhap

Aug 7, 2016

Network development

Participants in the 2016 ASEAN-Korea Youth Network Workshop perform during the closing ceremony of the program’s first half in Korea at the ASEAN-Korea Center’s office in the Press Center in central Seoul, Thursday. Since Aug. 1, some 100 students from Korea, Japan, China and 10 ASEAN countries joined the first half of the program, which provided site visits to Busan, Suncheon and Geoje, and lectures under the theme of marine conservation. Beginning Friday, the Korean students in the program will visit Thailand to join another batch of ASEAN students and participate in activities involving marine conservation until Aug. 10. / Courtesy of ASEAN-Korea Center

Aug 5, 2016

Marketing Rio Olympics

Brazilian dancers dance the samba in front of the Hyundai Department Store in Sinchon, central Seoul, Friday, to attract more shoppers ahead of the 2016 Rio Olympics, which will officially kick off on Aug. 6. / Yonhap

Aug 5, 2016

Visiting Russian plant

Hyundai Motor Group Chairman Chung Mong-koo, center, tours a Hyundai Motor plant in St. Petersburg, Russia, Wednesday. Chung is visiting Russia to find ways of boosting sales there amid increasingly uncertain market conditions. The chairman also plans to visit Hyundai and Kia plants in Slovakia and the Czech Republic./ Courtesy of Hyundai Motor

Aug 3, 2016

For homegrown IBs

 Kim Tae-hyun, a director at the Financial Services Commission, speaks during a press briefing on measures to nurture homegrown investment banks at the regulator’s office in downtown Seoul, Tuesday. Kim said that the government aims to help local financial firms leap forward as leading investments banks on the global stage. / Yonhap

Aug 2, 2016

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