Video - The Korea Times

VIDEO Korea preparing for post COVID-19 world with social enterprises

Video by Lee Min-young, Kim Kang-minSocial enterprises mix business solutions with creative ideas to change lives and better the environment.Some of these enterprises make consumer products by reusing non-recyclable consumer waste, and others help elderly and disadvantaged people to develop and execute entrepreneurial projects.But even though such enterprises operate with the intention to solve social problems, without any profits they will be wiped out, just like any other business.And to help South Korean social enterprises grow and become more relevant to customers, The Korea Institute of Design Promotion supports programs that aim to help them improve profitability through better product and service design plans.

Dec 17, 2020By Lee Min-young

Korea preparing for post COVID-19 world with social enterprises [VIDEO]

CEO INTERVIEW 'Invest in people, they will do remarkable things': PwC US Chairman Tim Ryan [VIDEO]

Video by Lee Min-young, Kim Kang-minOne of the most important goals for top management is to achieve long-term growth by driving business profitability and that cannot be done without constantly creating value.PricewaterhouseCoopers is the world's leading consulting and accounting firm that identifies company value and constructs a roadmap for world leaders as to where their businesses should be heading to through quality assurance tax and advisory service.To hear more about how the firm innovates itself to fit into the new business environment after the pandemic and advises others to follow suit, we have invited Tim Ryan, U.S. Chairman and Senior Partner of PwC who has more than 25 years of professional experience in advising companies worldwide.Below is the full transcript of the interview with Tim Ryan joining us on the second episode of our interview series with CEOs and top executives of global companies.Q. Mr. Ryan, would you like to start with telling us about your experience in the financial services industry and your current role at PwC?: As you mentioned I grew up

Nov 6, 2020By Lee Min-young

[CEO INTERVIEW] 'Invest in people, they will do remarkable things': PwC US Chairman Tim Ryan [VIDEO]

VIDEO 'For the next 70 years': Readers congratulate The Korea Times on its 70th anniversary

The Korea Times celebrated its 70th anniversary Thursday, with a group of big names from the political and business sectors speaking highly of the English language newspaper, praising it for its long-standing role as a bridge connecting the world with news about Korea.They praised the Times' decades-long dedication to enhancing national pride since its foundation in 1950, and pledged unwavering support for the newspaper to help improve Korea's global standing.Hundreds of top-ranking officials from all walks of life took part in the anniversary ceremony held at the Lotte Hotel in Seoul.Full article by Lee Min-hyung at: http://www.koreatimes.co.kr/www/biz/2020/10/602_298452.html

Nov 3, 2020

'For the next 70 years': Readers congratulate The Korea Times on its 70th anniversary [VIDEO]

VIDEO Nth Room case: How many years for 'digital sex crime' in Korea?

Video by Cho You-binMore than 2 million people have signed an online petition earlier this year, demanding the government unveil the identity of sex predators who ran a group chat room sharing photos and videos of violent sex acts, involving underaged victims, and impose the harshest possible punishment on them.This is called the 'Nth Room case' where perpetrators used private information – sometimes collected illegally from local government offices – to blackmail many women and children into performing sexually explicit acts on camera, with thousands of users paying cryptocurrency to watch.Underage girls were degraded, forced to bark like dogs or lie naked on the floor of a public men's toilet. "Let's rape" was a greeting word among users, identical to "hello".This perverted and sadistic abuse victims had gone through thrown the entire nation in shock.Another fact that shocked the public: the perpetrators were young men in their late teens and early 20s.In May, perpetrators were arrested, including a 24-year-old man nicknamed 'god god(Moon Hyung-wook)' who

Oct 22, 2020

Nth Room case: How many years for 'digital sex crime' in Korea? [VIDEO]

Prosecutors demand life sentence for mastermind of high-profile sex abuse ring

VIDEO Flying taxis are just a few years away in Korea

Video by Cho You-binSouth Korea has tested an unmanned air taxi service in the capital city of Seoul for the first time.The 650 kg all-electric two-seater can fly at the speed of 130 km per hour.The drones used in the test flight were Ehang 216s made by Chinese pilotless air taxi company Ehang which has successfully test-drove the vehicles with a 70 kg rice bag earlier in April.The drone taxi program is part of the government's plan to launch urban air mobility (UAM) solutions such as drone delivery and taxi services by 2025 in an effort to alleviate ground traffic congestion and secure a future growth engine.The government currently is the process of developing a drone traffic management system and is also carefully discussing the rate of drone taxis.The drone taxi, once commercialized, is expected to transport drone users from Yeouido to Incheon Airport within 20 minutes which normally takes 45 minutes via taxi.

Oct 22, 2020

Flying taxis are just a few years away in Korea [VIDEO]

VIDEO 'My brother is not a defector': Brother of official killed by N. Koreans tells his side of story

By Lee Min-young, Kim Kang-min"Before what happened to my brother, I used to take great pride in my country. I strongly believed that the South Korean government would do anything to protect its people under any circumstances." Lee Rae-jin, the older brother of the South Korean official who was shot dead and burned by North Koreans, was filled with resentment when he spoke to the Korea Times."My brother would have been desperately waiting for the maritime forces and his older brother to come find him. And now he has become a defector." Lee said.On Sep. 27, a South Korean official at the Ministry of Oceans and Fisheries was confirmed to have been shot dead on the spot by North Korean troops who later poured oil over his body and set it alight in waters near the two countries' maritime border.Subsequently, the South Korean government announced the official who had gambling debts must have swam towards the North with the help of a life jacket and a floatation device with the intention to defect.The dead official's older brother immediately accused the Coast Guard for concluding that his

Sep 29, 2020By Lee Min-young

'My brother is not a defector': Brother of official killed by N. Koreans tells his side of story [VIDEO]

VIDEO Why we should start building homes out of wood

Video by Lee Min-young, Kim Kang-minConcrete, the most widely used construction material in the world, is responsible for 8% of the world’s carbon dioxide (CO2) emissions.And as the world's concern about climate protection is growing, the contruction industry is exploring new technologies to reduce the use of concrete.One way, experts say, is to return to wood as our primary building material.Building all-wood high-rises might be the only chance to decarbonize the construction sector.And to go along with this green trend, Korea has also begun its first step to build a wooden city.

Sep 21, 2020By Lee Min-young

Why we should start building homes out of wood [VIDEO]

INTERVIEW The case for building cities out of wood

VIDEO What do Koreans think about Filipinos joining #cancelkorea movement?

Video by Yun Da-been, Kim Bo-kyungThe controversy began on Sept. 5 when Filipina TikTok star Bella Poarch posted a video of her dancing which exposed a Rising Sun flag tattoo on her left arm. The flag is associated with Japanese Imperialism and remains sensitive to Koreans even to this day.Even after she apologized saying she did not know the history behind the flag and would remove her tattoo, some Korean TikTok users continued their attack on her.Some Koreans even resorted to racial slurs referring to Filipinos as “poor and uneducated” which prompted Filipinos to call out Koreans through the hashtag “CancelKorea” and “ApologizeToFilipinos.”But do those racially discriminatory attacks on Filipinos represent what Koreans really feel about the country? To find out, we went out to ask people how they feel about the incident.

Sep 17, 2020

What do Koreans think about Filipinos joining #cancelkorea movement? [VIDEO]

Filipinos angered by racist comments from internet users in Korea

VIDEO Is COVID-19 really over in China?: Xi announces victory while the world still suffers

Video by Yun Da-been"We have exerted great effort which led to a momentous and strategic victory in the battle against COVID-19." China has announced its victory over COVID-19 on Sep. 8 and presented medals to honor disease experts who were seen as role models in the country's fight against the virus.The country has reported zero cases of local infections for nearly a month.While China has officially declared victory, some are voicing criticism as the rest of the world continues to suffer from the virus.

Sep 10, 2020

Is COVID-19 really over in China?: Xi announces victory while the world still suffers [VIDEO]

VIDEO What happens when China dominates tungsten supply: Almonty Industries

Video by Lee Min-young, Kim Kang-min, Yun Da-been, Kim Bo-kyungThis is the first episode of our new series in collaboration with the American Chamber of Commerce in Korea, where we will be taking an inside look into the world of business by exploring a wide range of critical decisions and business strategies faced by chief executives around the world.The Korea Times interviewed Lewis Black, CEO of global mining company Almonty Industries Inc. that owns the Sangdong mine in Gangwon Province, Korea, which was historically one of the largest tungsten mines in the world.Alfonse D’Amato who is a former U.S. senator from New York, and the founder of Park Strategies LLC, a public policy and business development firm also joined the interview. His son Daniel D'Amato is the co-founder of Almonty Industries Inc.Almontry Industries Inc. is a global mining company specializing in tungsten mining and exploration. Its primary operations are in Spain, Portugal, and South Korea. Almonty is set to reopen the world's largest tungsten mine in Sangdong, Gangwon Province, Korea.Below is the fu

Sep 7, 2020By Lee Min-young

News