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The Korea Herald

Markets

September 05, 2023
[IFA 2023] GS E&C debuts Smart Cottage at IFA

By Song Jung-hyun ( junghyun792@heraldcorp.com )
September 05, 2023
S. Korea to go all-out to lure 2 million Chinese travelers

South Korea's Ministry of Culture, Sports and Tourism announced Monday it will go all-out to draw back Chinese travelers to capitalize on China's recent lifting of its ban on group travel to dozens of countries, through measures such as exempting Chinese tourists from visa issuance fees and fosteri...
September 05, 2023
Hanwha to unveil new weapons system at Polish trade fair

Energy-to-defense giant Hanwha Group said Monday it will showcase the next generation weapons system ranging from uncrewed vehicles to robotics at the upcoming International Defense Industry Exhibition or MSPO, the largest trade fair for military equipment in Central and Eastern Europe. At the 375...
September 05, 2023
Oriental Brewery's Cass clinches six accolades at 2023 Effie Awards

Oriental Brewery announced Monday its flagship beer brand Cass secured six awards for its innovative marketing campaigns at the 2023 Effie Awards Korea. The Effie Awards spotlight marketing campaigns around the world for their creativity and tangible business impact. Baek Sun-ah, Netflix Korea’s ...
September 05, 2023
[KH explains] Seoul's office real estate robust despite 'apocalypse' fears

An “office real estate apocalypse” looms in major global cities amid high-flying interest rates and the expansion of remote work during the pandemic. But one market that still remains robust is Seoul, leading investors to explore investment opportunities here, according to industry officials at h...
September 05, 2023
Homeplus awards kids for eco-friendly art

South Korean discount store chain Homeplus’ philanthropic organization, dubbed e-Blue Foundation, held the award ceremony for its 21st e-Blue Children’s Environmental Arts Contest at the National Assembly in Seoul on Aug. 19. Under the slogan, “Let’s make the Earth healthy with eco-friendly gr...
September 05, 2023
LG Magna to set up EV parts plant in Hungary

By Jo He-rim Korea Herald correspondent MUNICH -- LG Magna e-Powertrain, a joint venture between LG Electronics and Magna, will build its first European production plant in Hungary, the company announced Monday at the IAA mobility trade show held this week in Munich. The 26,000-square-meter faci...
September 05, 2023
LIG Nex1 to showcase guided missiles, drones at MSPO

LIG Nex1 said Monday it will unveil its guided missiles and drones at this week's International Defence Industry Exhibition, or MSPO, Poland’s annual national defense exhibition. The company plans to showcase the Korean GPS Guided Bomb (KGGB); a long-range air-to-surface missile; surface-to-surfa...
September 05, 2023
LG makes auto show debut in Munich

By Jo He-rim Korea Herald correspondent MUNICH -- Korean tech giant LG Electronics made its debut at a major global automotive trade show on Monday, delivering its ambition to expand its presence in the burgeoning mobility industry. In its first-ever press conference at IAA Mobility, one of the ...
September 05, 2023
Posco International secures 90,000 tons of natural graphite

Posco International said Monday that it has signed two agreements to secure some 90,000 metric tons of natural graphite, bolstering its supply chain for the key material for secondary batteries. In a memorandum of understanding signed with Canada’s NextSource on Aug. 28, Posco agreed to invest in...
September 05, 2023
[Exclusive] Maybach’s brand center to open in Seoul next year

MUNICH, Germany -- Mercedes-Benz plans to open a brand center solely dedicated to its ultra-exclusive Maybach in Seoul next year, an industry source close to the matter told The Korea Herald on Sunday. According to the source, the new Maybach center will be located in the Gangnam district in south...
September 05, 2023
Snowflake looks to unlock data cloud innovation with AI across Korea

The event is to enable business operators to deliver data-driven strategies more effectively and suggest new ways to collaborate their business with data. Seoul is the tour’s fifth destination among 26 stops around the globe, according to the company. At Monday’s event, Kleinerman shared highlig...
September 04, 2023
Conference highlights unlimited potential of NFT

Lawmakers from both ruling and opposition parties also attended the event to look into legislative efforts to accelerate the wider adoption of NFT technology across industries. “In June, the National Assembly passed the Act on the Protection of Virtual Asset Users, the first legislation related t...
September 04, 2023
Experts explore NFT applications, STO market dynamics

The NFT 2023 Seoul Conference on Friday focused the connection between non-fungible tokens (NFTs) and Web3 infrastructure as well as the role of Security Token Offerings in fundraising. Patrick Yoon from cryptocurrency exchange company Crypto.com Korea opened the sessions by talking about the the ...
September 04, 2023
Hana wraps up ambassador program with university students

Hana Financial Group said dozens of university students had completed its annual training program aimed at nurturing ambassadors on its environmental, social and corporate governance activities. The banking conglomerate held the closing ceremony for graduates of its “17th Smart PR ambassador” pr...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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