At a GS Group dinner banquet held at Elysian Resort Jeju on Friday, Chairman Huh Chang-soo gave a speech to newly appointed executives, sharing his know-how and advising them to set high goals and take bold actions. In front of new executives of GS Group, Huh addressed the volatile economic environment of this year, citing the ongoing US-China trade war and Brexit as well as continuing instability in the domestic economy. To combat the uncertainty ahead, Huh advised the executives to be innovati

KIA Motors has reached out to the K-pop industry, this time collaborating with JYP Entertainment’s rising new girl group ITZY in a music video.Kia Motors revealed on Thursday a behind-the-scenes video for ITZY’s debut music video, titled “Dalla Dalla,” featuring its new box car the Soul Booster. Members of ITZY stand in front of Kia Motors’ Soul Booster, featured in their debut music video, “Dalla Dalla." (Kia Motors)This is not the first time Kia Motors has partnered with a K-pop group. It is c

LG Hausys, which specializes in building and interior decor materials, unveiled new premium interior options at the Kitchen & Bath Industry Show on Tuesday in the US city of Las Vegas.The company displayed 16 new products at the show, including HI-MACS, a solid acrylic surface that boasts smooth curves; and Viatera, a quartz surface with a marblelike finish.  LG Hausys’ booth at the Kitchen and Bath Industry show in Las Vegas this week (LG Hausys)The use of artificial marble is no longer restric

2018년 평창 동계올림픽 당시 스피드스케이팅 여자 팀추월 '왕따 주행' 논란에 휘말렸던 김보름(26·강원도청)이 노선영(30)에게 자신을 괴롭혔던 사실에 관해 답변을 달라고 요구했다.이에 관해 노선영은 연합뉴스와 통화에서 "무슨 내용인지 확인하겠다"라며 같은 말을 되풀이한 뒤 "(성폭력 피해자인) 심석희에게 관심을 집중해야 한다는 기존 입장엔 변화가 없다"라고 밝혔다. (연합뉴스)김보름은 19일 자신의 소셜네트워크서비스(SNS)에 "오늘은 평창올림픽 팀 추월 경기가 있었던 날"이라며 "지난 1년의 시간은 정말 힘들었다"라고 글을 시작했다.이어 "정신적 고통이 심해 정신과 치료를 받아야 했고, 몸은 망가질 대로 망가져 운동을 다시 할 수 있을지 의문이 들 정도였다"라고 말했다.그는 "다시 스케이트를 타면서 조금씩 나아졌지만, 내 고통은 없어지지 않았다"라고 주장했다.김보름은 "선수촌에서 7년 동안 (노선영에게 괴롭힘을 당해) 하루하루가 지옥 같았다. 다른 후배 선수들도 모두 고통 속

US beer brand Budweiser recently released a TV commercial touting itself as the “King of Beers,” Korean distributor Oriental Brewery said.The advertisement features close-up shots of the beer and its logo, as well as the slogans “The King is Here” and “King of Beers,” with an inverted beer cap resembling a crown. The campaign aims to highlight the smooth and clean taste of Budweiser lager and emphasize its worldwide brand value, the company said.(OB)The commercial encourages consumers to be conf

Representatives of Korea Agro-Fisheries & Food Trade Corporation (aT) and the Ministry of Agriculture, Food and Rural Affairs gathered at the aT Center in Seoul on Tuesday, along with domestic producers of agricultural goods, to discuss strategies for the ASEAN region. The meeting, called the New Southern Export Expansion Strategic Conference, was a chance for companies to share business know-how and plan the future direction of Korean agricultural exports to ASEAN countries. aT and MAFRA host t

HiteJinro will be releasing premium a soju gift set for the upcoming holiday, the company said Wednesday.In a promotion using the latest consumer trend favoring “sohwakhaeg,” or “small but fully satisfactory,” the firm said it has designed the gift set to cater to premium soju demand at a reasonable price.(HiteJinro)The gift set will consist of two 375-milliliter bottles of Ilpoom Jinro 1924, a premium line of soju, as well as two shot glasses and two rocks glasses. The gift set will also contai

Recent tests conducted by the Korea Consumer Agency indicated that smart bands fell short on accuracy when it came to collecting data.Smart bands are digitized fitness trackers that collect health data including the user’s heart rate, number of steps and calories burned. The accuracy of the data was tested for six of the smart bands currently on the market: the Things SmartBand 2, Samsung Gear Fit2 Pro, Xiaomi Mi Band 3, InBody BAND 2, COA Korea CK COLOR and FitBit Alta HR.  (Yonhap)In tests mea

Coupang has recently set a new record for single-day delivery, bringing 1.7 million items to households in a day. It is a record-breaking figure for both daily and weekly deliveries in South Korea, the company said.(Coupang)There are also other records set within Coupang. Marketplace, a new feature in Coupang that allows direct interaction between buyers and sellers, has seen a 92 percent growth. Its weekly sales reached the highest since its establishment, attracting attention from many in the

Posco has become the first company in the domestic steel industry to obtain Environmental Product Declaration certification from the Ministry of Environment, the firm said Sunday.Five products from Posco -- plates, wire rods, plated steel sheets (HGI), giga steel (980DP), and high corrosion-resistant steel plates -- have all gained certification for seven environmental indicators, including carbon footprint, resource footprint, ozone layer influence, acid rain, eutrophication, photochemical smog

Korean Ginseng Corporation, known for producing Korean red ginseng under the brand CheongKwanJang, has opened cooking classes for foreigners as a way of promoting Korean red ginseng.The classes comprise of well-known Korean cuisine specialists teaching how to make authentic Korean dishes such as samgyetang or tteok galbi. To match the theme of the class, all the dishes add red ginseng as a twist.Participants in CheongKwanJang cooking classes learn how to make dishes with red ginseng. (KGC)The cl

Spam, a well-known brand of canned cooked meat and a popular South Korean holiday gift, has attained 4 trillion won ($3.54 billion) in cumulative sales since its launch 32 years ago.CJ CheilJedang said Wednesday that it had sold around 1.2 billion 200-gram cans of Spam in the product’s history -- the equivalent of 24 cans for each person in Korea. Spam has become an indispensable item in Korean households. (Yonhap)Spam was introduced to Korea by the US army during the Korean War, and domestic pr

Coca-Cola said Monday it will be releasing a New Year’s special package featuring BTS song titles.Each package option will have images of BTS as well as adaptations of song titles, such as “Your spring is today,” “You‘re my idol” and “This year is on fire.” (Coca-Cola)The company stated that the packaging intends to convey “hopeful messages to hard-working consumers that they are great the way they are.” The messages were influenced by BTS song titles as the band has been continually spreading p

Exports of kimchi have been rising steadily in recent years, reaching $97.5 million last year, up 20 percent from the previous year, data from the Ministry of Agriculture, Food and Rural Affairs showed Wednesday.The ministry has been collecting kimchi export data since 2006 and said last year’s was the biggest annual jump in kimchi exports. The highest export figure for kimchi was $104 million in 2012. (Yonhap)The number of countries importing kimchi also increased, from 63 in 2017 to 68 last ye

Bench parkas, widely known in South Korea as “long padded coats,” have become must-have winter fashion items in recent years. The parka trend transcends age boundaries but is especially strong among middle and high school students. As the long coats -- which reach the wearer’s ankles in some cases -- become increasingly popular among students, more parents are complaining about the cost burden: anywhere from 200,000 won ($178) to 1,000,000 won, depending on the brand. The wide price range means