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Finance

Business

Thu, October 21, 2021 | 08:35

Lotte, Gov't sign land swap deal for THAAD deployment

South Korea's military formally signed a land-swap deal with Lotte Group on Tuesday, paving the way for the installation of an advanced U.S. missile defense system this year as scheduled, the defense ministry said.

Ko Dong-hwan2017-02-28 10:09

FILA to sponsor Netherlands Olympic teams

The Netherlands Olympic team players will be wearing FILA sportswear while competing for a medal at the upcoming Winter and Summer Olympics in Asia. FILA, a listed Korean sports fashion company, has agreed with the Netherlands Olympic Committee to sponsor the Netherlands Olympic players until 2022, the company said Monday. The deal will enable the Netherlands players in FILA ...

Park Hyong-ki | 2017-02-27 15:29

Entrepreneur tells stories of comfort women

Yoon Hong-jo, 31, first met former “comfort women” when he was a university student and a member of a non-profit organization. It was when he came across a pressed flower a victim made during therapy sessions that Yoon decided he could do something for them. With the flower, Yoon created the design brand Marymond’s first pattern, which was incorporated into smartphone cases a...

Kim Bo-eun | 2017-02-24 18:26

Foreign Ministry under fire for trying to relocate 'comfort women' statue

'Meokbang' emerges as new way to relieve stress

The first thing office worker Park Su-hyeon, 29, does when she gets back to home is to turn on her computer and watch YouTube videos. Park, who lives alone in Singapore, checks new videos from her favorite video lists every day, most of them are YouTubers showcasing themselves eating food. While watching, she eats dinner and relaxes. This lasts until she goes to bed.

Park Ji-won | 2017-02-17 17:28

'Meokbang' bittersweet craze in Korea

Children's clothing, school products turn luxurious

Top luxury brands popular with adults are also grabbing the market for children, their sales increasing as kids get ready to go back to school this month or next, industry officials said Monday. Some of the most popular items cost well over 1 million won (US$867). A Gucci-labeled backpack for children is tagged at 1.12 million won, and a lunch box at 975,000 won.

Ko Dong-hwan2017-02-13 12:20

[단독] 포스코, 트럼프 보호무역주의 희생양 되나?

(서울=코리아타임스) 주동찬기자 = 미국 정부는 포스코의 길이 방향으로 자른 후판 (cut-to-length plates) 제품에 대한 반덤핑 관세와 상계 관세에 대한 최종결정을 다음달에 내린다고 3일 밝혔다.

Jhoo Dong-chan | 2017-02-03 13:38

Paju shopping mall launches overseas delivery service

Paju Premium Outlets has launched an international delivery service to attract foreign tourists.

Lee Jin-a | 2017-01-31 15:51

Korea prepares for all possibilities regarding trade deal with US

Korea is preparing for the possible renegotiation of its free trade deal with the U.S. amid moves by President Donald Trump to abandon and readjust terms of its two key multinational trade pacts, the Ministry of Trade, Industry and Energy said.

Park Hyong-ki | 2017-01-24 16:29

Dispute erupts over KT&G global sales promotion

KT&G 외국서 담배판매 확대…"좋은일 아니다" vs "경제에 기여"

A controversy has arisen over Korea’s tobacco producer KT&G’s promotion of its sales overseas. The company said in a press release Friday it made a record sale of 48.7 billion cigarettes overseas, a 4.7 percent rise from a year earlier. Sales amounted to $812 million, which is a record high for its second consecutive year. The rise in sales is attributed to new markets in Asi...

Kim Bo-eun | 2017-01-20 17:30

Analysts against arrest of Samsung heir

Analysts expressed concerns about the adverse impact the possible arrest of Samsung Electronics Vice Chairman Lee Jae-yong would have on business sentiment and the overall economy. The Seoul Central District Court will review today the special prosecution team’s request to allow it to detain Lee on charges of offering bribes to Choi Soon-sil, the central figure in the scandal...

Kim Tae-gyu | 2017-01-17 16:47

Samsung chief awaits court decision on arrest

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