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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.

Samsung Biologics sales surpass W1 tril.

By Nam Hyun-wooSamsung Biologics operating profitSamsung Biologics' sales for last year surpassed 1 trillion won ($903.6 million) for the first time in the company's 10-year history, the 2011-founded biotech firm said Tuesday.Samsung Biologics said it posted 1.16 trillion won in sales for last year, up 66 percent from a year earlier, due to overall improvements in the operation rates of its Plants 1, 2 and 3. The operating profit also grew to 292.8 billion won, doubling over the same time period. Due to the improved operation rates, the company's operating margin has also improved, growing to 25 percent in 2020, up from 13 percent in 2019. In the fourth quarter of last year alone, sales stood at 375.3 billion won, up 19.78 percent year-on-year, and the operating profit was 92.58 billion won, down 13.45 percent from last year. Compared to 2015, when the company's sales got into a noticeable range, the 2020 sales grew more than 12 times and the compound annual growth rate for the past five years was 66.4 percent.The handsome numbers came after Samsung Biologics clinched a series of siz

Jan 26, 2021By Nam Hyun-woo
Samsung Biologics sales surpass W1 tril.

Korean adoptees demand apology from President Moon

A group of overseas Korean adoptees has joined an online campaigning to protest President Moon Jae-in's controversial remarks during his New Year press conference that adoptive parents should be allowed to cancel their adoptions or change the child if they don't get along well. Kara Bos, or Kang Mi-suk, a Korean American adoptee now living in Amsterdam with her family, is participating in the campaign, promoting images of overseas Korean adoptees with the hashtag “#NotAThing.” The other petitioners included Kevin Omans, Liat Shapiro, Cam Lee and Allison Park. Courtesy of Kang Mi-sukBy Jung Da-minA group of Korean-born overseas adoptees has launched an online campaign to demand an apology from President Moon Jae-in over his remarks during his New Year press conference that adoptive parents need to be allowed to cancel their adoptions or change the child if they don't get on well.Commenting on the recent media focus on the death of a 16-month-old girl in last October following alleged brutal abuse by her adoptive parents, Jan. 18, Moon made the controversial remarks wh

Jan 26, 2021
Korean adoptees demand apology from President Moon

Unauthorized alternative missionary school feared to become virus hotbed

Students of IEM school, an unauthorized alternative missionary education center, take a bus headed to a COVID-19 treatment center, Tuesday, from a church in Hongcheon, Gangwon Province, where they had stayed. Thirty-seven of them tested positive for the coronavirus. YonhapBy Lee Hyo-jinA massive COVID-19 infection cluster at an unauthorized alternative missionary school located in Daejeon, 160 kilometers south of Seoul, put the health authorities on high alert Tuesday. The International English Mission (IEM) is an alternative boarding school located in central Daejeon, run by the missionary group International Mission (IM), which has a wide network with over 20 similar facilities nationwide.More than 100 teenagers, aged between 16 and 18, were attending the school to receive vocational education and training to become international missionaries. Although it is called a school, it is not authorized by the education authorities and its graduates are not recognized as having completed middle or high school courses. As of Tuesday, 132 people linked to the school, including 112 students,

Jan 26, 2021By Lee Hyo-jin
Unauthorized alternative missionary school feared to become virus hotbed
  • New virus cases fall back to below 400 again
  • Gov't to expand in-person classes

New virus cases fall back to below 400 again

Police officers wearing face masks as a precaution against the coronavirus walk in Seoul, Jan. 25, 2021. APSouth Korea's daily new coronavirus cases fell back to below 400 on Tuesday on the back of tighter virus curbs, but authorities remain on alert over a rise in cluster infections tied to religious facilities. The country added 354 more COVID-19 cases, including 338 locally transmitted infections, raising the total caseload to 75,875, according to the Korea Disease Control and Prevention Agency (KDCA).The figure was down from 437 on Monday and 392 on Sunday.Over 150 confirmed cases were reported on Monday from a religious educational facility in the central city of Daejeon, 164 kilometers south of Seoul, with another religious education facility in Gwangju, 329 kilometers south of Seoul, reporting 23 virus cases last weekend. Along with the increased community infections, a rise in the number of new COVID-19 variant cases has been putting health officials on edge. On Monday, health authorities said nine more cases of the COVID-19 variants ― four from Britain, three from South Afri

Jan 26, 2021
New virus cases fall back to below 400 again
  • Gov't to expand in-person classes
  • Unauthorized alternative missionary school feared to become virus hotbed

New virus outbreaks

Police officers check a building housing an unauthorized religious education center in Daejeon's Jung District, Monday, following a report of 127 new COVID-19 infections among members of the center the previous day. Yonhap

Jan 25, 2021
New virus outbreaks

COVID-19 transmission from human to animal prompt concerns

Citizens take a walk with their dogs on a street in Jung-gu, Seoul, Sunday. / YonhapBy Lee Hyo-jin Concern is rising over possible COVID-19 transmissions between humans and animals after Korea reported its first case of a pet testing positive for the virus.The health authorities confirmed, Sunday, that a kitten at a religious facility in Jinju, South Gyeongsang Province, tested positive for the coronavirus Thursday. The authorities assumed that the cat got the virus from the people who had been taking care of it ― a mother and daughter ― as both had tested positive earlier in the week. The cat has been placed in an isolation facility away from other animals. The health ministry said through a press release, Monday, that although there have been reports of virus transmissions from human to pets in other countries, the possibility of pet to human transmission remained low. A total of 135 animal infections involving six species had been reported across 19 countries, as of Nov. 20, 2020, according to a report from the Korea Disease Control and Prevention Agency (KDCA), Jan. 14.Among them

Jan 25, 2021By Lee Hyo-jin
COVID-19 transmission from human to animal prompt concerns

Korea aims to vaccinate 70% of population by September

GettyimagesbankSouth Korea aims to get 70 percent of its population inoculated by September and start the first vaccination next month, with so-called "herd immunity" here predicted to be created by November, health authorities said Monday.The Korea Disease Control and Prevention Agency (KDCA) announced a set of core tasks for this year, which includes providing free COVID-19 vaccines to all nationals to form herd immunity by November.The government has already secured COVID-19 vaccines to inoculate 56 million people under the World Health Organization's global vaccine COVAX Facility project and separate contracts with four foreign drug firms.Also, the government is close to signing a contract to secure additional new coronavirus vaccines for 20 million people from U.S. drug manufacturer Novavax Inc.The vaccine program will be more than enough to vaccinate the country's population of 52 million, the KDCA said.High-risk health care workers at hospitals, sanatoriums and elderly care facilities will get the first vaccines during the first quarter, the KDCA said.The authorities said peop

Jan 25, 2021
Korea aims to vaccinate 70% of population by September
  • New virus cases over 400 again on large-scale cluster infection
  • Korea confirms 9 more cases of COVID-19 variants

Korea confirms 9 more cases of COVID-19 variants

A medical worker in a booth takes nasal samples from a man at a coronavirus testing site in Seoul, Jan. 19, 2021. APSouth Korea confirmed nine more cases of contagious variants of the new coronavirus on Monday, bringing the variants' total caseload to 27, as health authorities remain vigilant against the possibility that highly transmissible new variants could spark another uptick in virus cases here. The Korea Disease Control and Prevention Agency (KDCA) said the nine people were confirmed to have been inflected with the virus variants over the past week. Of them, four arrived in South Korea from Britain, three were from South Africa and two from Brazil.Health authorities tracked people who came into contact with the patients, but there have been no more confirmed cases of the variants, the KDCA said. The recent emergence of several COVID-19 mutations has complicated the global fight against the pandemic because they are more transmissible than the original one.Kwon Joon-wook, deputy director of the Central Disease Control Headquarters, has said the nation could be drawn back into a

Jan 25, 2021
Korea confirms 9 more cases of COVID-19 variants
  • New virus cases over 400 again on large-scale cluster infection
  • Korea aims to vaccinate 70% of population by September

New virus cases over 400 again on large-scale cluster infection

Young people wearing face masks to help protect against the spread of the coronavirus ride bicycles at a park in Seoul, Sunday, Jan. 24, 2021. APKorea's daily new coronavirus cases bounced back to over 400 again on Monday due to a large-scale cluster infection linked to a religious training facility, as the country is set to decide whether to extend or lower its toughest-ever virus curbs this week.The country added 437 more COVID-19 cases, including 405 locally transmitted infections, raising the total caseload to 75,521, according to the Korea Disease Control and Prevention Agency (KDCA).The figure was up from 392 on Sunday. Last week, the daily infections reached 392.6 on average. The rebound came amid an ongoing cluster infection at a religious educational facility in the central city of Daejeon, 164 kilometers south of Seoul, where 127 confirmed cases had been reported as of Sunday.In South Korea, the third wave of COVID-19 infections reached its peak on Dec. 25, with the daily new cases touching a record high of 1,241.Later this week, health authorities plan to decide on the lev

Jan 25, 2021
New virus cases over 400 again on large-scale cluster infection
  • Korea confirms 9 more cases of COVID-19 variants
  • Korea aims to vaccinate 70% of population by September

First case of pet cat with COVID-19 confirmed in Korea: PM

Prime Minister Chung Sye-kyun speaks during a meeting at the government complex in Seoul, Sunday. YonhapA kitten has tested positive for the new coronavirus in the first virus case involving a pet reported in South Korea."During a recent tracking process involving a mass outbreak, health authorities found that a pet has tested positive for COVID-19 in the first such case," Prime Minister Chung Sye-kyun said in a government response meeting held at the Seoul government complex Sunday.The infected animal is a kitten that was found at a religious facility in the southeastern city of Jinju in South Gyeongsang Province, according to government officials. It tested positive on Thursday.Twenty-nine people were first confirmed to have gotten the virus after visiting there earlier this month, and more than 100 linked to the facility, including them, have since tested positive.During a tracking process, officials found that a mother and daughter staying at the facility were raising three cats -- a mother cat and two kittens -- there. The infected pet is one of the two kittens.Health authoritie

Jan 24, 2021
First case of pet cat with COVID-19 confirmed in Korea: PM
  • New virus cases under 400 again
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