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The Korea Times

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The Korea Times

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Tue, March 28, 2023 | 08:12

Nongshim plans to build plant in eastern US region

Nongshim plans to build plant in eastern US region

Nongshim is considering building its third U.S. instant noodle plant in the eastern part of the U.S. to meet growing demand in the world's largest economy, according to the company chairman.

Kim Jae-heun | 2023-03-27 08:14

Apple Pay service limited by lack of NFC terminals

Apple Pay service limited by lack of NFC terminals

A 32-year-old surnamed Kim living in Gangseo District, Seoul, recently started using a credit card issued by Hyundai Card to use Apple Pay, which began its service here on March 21. After using it for nearly a week, Kim feels there are not many restaurants and coffee shops that have adopted the service yet.

Kim Jae-heun | 2023-03-26 16:55

Hyundai Motor Group, Busan citizens launch all-out campaign for World Expo 2030

Hyundai Motor Group, Busan citizens launch all-out campaign for World Expo 2030

Hyundai Motor Group and residents of Busan have launched an all-out campaign to promote the city's bid to host World Expo 2030 as the automotive giant unveiled a promotional video showing Busan citizens introducing the southern port city's unique qualities in 15 different languages, Sunday.

Baek Byung-yeul | 2023-03-26 16:46

Busan aims to win hearts of developing nations in Expo 2030 bid

Eastar resumes flight operations after pandemic-driven hiatus, takeover fallout

Eastar resumes flight operations after pandemic-driven hiatus, takeover fallout

Eastar Jet, a Korean budget carrier, said Sunday it resumed flights starting with a domestic route, three years after it suspended operations amid the COVID-19 pandemic outbreak and a court-led restructuring.

2023-03-26 14:33

From mines to mobility: 140-year-old partnership between Germany and Korea

From mines to mobility: 140-year-old partnership between Germany and Korea

From the bustling streets of Seoul to the winding roads of Berlin, Germany and Korea share a long history that goes back to 1883 when the Treaty of Chemulpo (present-day Incheon) was signed. This was part of Germany's industrialization and efforts to expand influence and trade in other regions of the world. However, due to historic twists and turns, the partnership between th...

Park Jae-hyuk | 2023-03-26 10:41

Kyochon heralds 30,000 won fried chicken era

Kyochon heralds 30,000 won fried chicken era

Kyochon F&B decided to raise its fried chicken prices by up to 3,000 won ($2.30) from April 3, despite the government's request for restaurant chains to refrain from hiking prices further, in order to reduce the burden on low-income households. Due to the decision, consumers will need to pay nearly 30,000 won, if they want to get fried chicken delivered from Kyochon.

Park Jae-hyuk | 2023-03-25 09:05

LG Energy Solution boosts investments in Arizona factory

LG Energy Solution boosts investments in Arizona factory

LG Energy Solution (LGES) said on Friday that it has decided to resume investments to build a cylindrical battery factory in the U.S. state of Arizona, in order to meet the demand of its global clients in the wake of the implementation of the Inflation Reduction Act.

Park Jae-hyuk | 2023-03-24 16:46

Samsung Display strike looms due to deadlocked wage negotiations

Samsung Display strike looms due to deadlocked wage negotiations

Samsung Display, the display manufacturing affiliate of Samsung Group, is facing a growing risk of a labor strike, the latest development in a months-long deadlock in wage negotiations between management and unionized workers, according to the firm and market watchers, Friday. The unionized workers said they plan to file a request for dispute resolution with the National Labo...

Lee Kyung-min | 2023-03-24 16:42

KCCI chief stresses communication, expo, and new entrepreneurship marking 3rd year

KCCI chief stresses communication, expo, and new entrepreneurship marking 3rd year

SK Group Chairman Chey Tae-won entered his third year, Friday, as head of the Korea Chamber of Commerce and Industry (KCCI), one of the leading business lobby groups in the country. Chey plans to broaden communication and focus all of his efforts in helping Busan win its bid to host the World Expo 2030. The keywords for the chairman's third year in office are communication, E...

Kim Hyun-bin | 2023-03-24 16:33

Over 70% of firms unwilling to embrace longer workweek

Over 70% of firms unwilling to embrace longer workweek

More than seven out of 10 firms said they are not willing to embrace the recently proposed longer workweek, a study showed Friday. Of those who said they would, almost three-quarters said the longer workweek will be implemented only temporarily in the event of a short-term demand surge, production disruption due to equipment malfunctions or peak season.

Lee Kyung-min | 2023-03-24 16:25

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Top 10 Stories

1	ANALYSISTesla, BYD's price cuts unnerve LGES, Samsung, SK

2	Yoo Ah-in appears before police over alleged use of illegal drugs

3	US aircraft carrier to visit Busan amid NK provocations

4	Families of foreign construction workers can receive retirement pay: court

5	Indonesian investment minister promotes EV cooperation with Korea

6	Korean crypto investors want Do Kwon punished in US

7	Nongshim plans to build plant in eastern US region

8	Gimpo-China flights recover to pre-pandemic levels

9	Right-wing Japanese support Seoul-Tokyo ties: Korean envoy to Japan

10	Local bank stocks hit by shockwaves from SVB, CS collapses

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