Sales of packaged kimchi are expected to grow 9.6 percent in 2017 from a year earlier, on rising demand from single-member households, industry data showed Sunday.According to Daesang Co., a major ready-made kimchi producer, the domestic market for the product is expected to reach 1.39 trillion won

Air passenger traffic in South Korea rose in September as a rise in demand for routes to Japan, Southeast Asia and Europe offset the steep fall in Chinese travelers, government data showed Sunday.A total of 9.02 million passengers used international and domestic flights last month, up 4.7 percent fr

A U.S. Republican senator called out President Donald Trump again on Sunday, saying the commander-in-chief is hampering diplomatic efforts to resolve the nuclear crisis with North Korea.Sen. Bob Corker (R-TN), who has recently been involved in a personal feud with Trump, reiterated his argument as t

Venture minister nominee Hong Jong-haak is expected to face a tough grilling during a parliamentary confirmation hearing next month amid rising criticism of his family's property inheritance and controversial remarks he made in the past.Soon after President Moon Jae-in tapped him to lead the new

The pace of growth in South Korea's construction investments is set to slow down next year due to stricter lending rules aimed at stabilizing the overheated real estate market, the central bank and local think tanks said Saturday.The Bank of Korea estimated the rate of growth in the country'

As President Xi Jinping rose to China's most powerful leader in decades, South Korean companies are hoping for an improved business environment amid difficult times brought on by the deployment of a U.S. anti-missile system here, industry sources said Saturday.During the weeklong 19th National C

The defense chiefs of South Korea and the United States made clear Saturday that North Korea's provocations will never be tolerated, as the two warned any act of aggression will be met with a "massive military response."They also stressed it's pipe dream for North Korea to be recognized as

Prosecutors have summoned a senior prosecutor to appear for questioning on Sunday over his suspected involvement in an attempt to obstruct a 2013 prosecution investigation into the state intelligence agency's alleged election meddling, officials said. Chang Ho-joong, who served as

The armed forces of South Korea and the U.S. agreed Friday to deal resolutely with North Korea's additional provocations on the basis of their "ironclad" alliance.In their Military Committee Meeting (MCM) in Seoul, Gen. Jeong Kyeong-doo, chairman of South Korea's Joint Chiefs of Staff (JCS

By The Korea Post Reporters Ms. Linda Youn and John KimThe Korean team at the 5th Asian Indoor & Martial Arts Games (Ashgabat 2017) won a total of 15 Gold medals, 11 Sivers and 15 Bronzes throughout the 15-day contest that ended on Sept. 27 that began on Sept. on Sept. 17. The Korean team placed sev

As North Korean soldiers looked on, U.S. Secretary of Defense James Mattis said Friday his administration does not want war but hopes for the complete denuclearization of Korea.Standing several meters away from North Korea, he urged the Kim Jong-un regime to halt provocations that threaten others "

President Moon Jae-in on Friday named a new nominee for the chief justice of the Constitutional Court, his second nomination for the head of the top court since taking office in May.Lee Jin-sung, an incumbent justice of the court, has been tapped to head the Constitutional Court, according to the pr

Asia's current successes in economic growth, capital strength, foreign exchange reserves, young and dynamic labor force, as well as China's rise have elevated the position of the region. As a forum gathering dynamic economies in Asia-Pacific and playing an important role in promoting trade a

The Korean daily media headlines and humorFriday, October 27, 2017 Your Excellency: Here are The Korea Post notices and a roundup of important headlines from all major Korean-language dailies, TV and other news media of Korea today: Very Respectfully Yours /s/ Lee Kyung-sikPublisher-ChairmanKorea Po

The English-language monthly magazine, The Korea Post, marks its 33rd anniversary of founding next year, and the company now manages and operates a total of five news media outlets, three in English and two in the Korean language.It might sound strange to many people, but over 70% of the total incom

Hyundai Motor Co. said Thursday its third-quarter net profit fell 16 percent, due mainly to sharp declines in China sales amid a diplomatic row over the deployment of a U.S. advanced missile shield system here.In the July-September quarter, Hyundai Motor's net profit fell to 939.2 billion won (U

Korea Aerospace Industries Co. (KAI), the country's sole aircraft manufacturer, has named a former audit and inspection official its new chief executive after its former head stepped down in July over a corruption scandal.KAI held a board meeting on Wednesday to appoint Kim Jo-won, who worked at

Semiconductors are expected to account for a record high of more than 16 percent of South Korea's annual exports this year, data showed Friday.Industry data showed South Korea's export of chips, led by Samsung Electronics Co. and SK hynix Inc., reaching US$70.4 billion in the January-Septemb

South Korean steelmaker POSCO said Thursday its third-quarter profit almost doubled from a year earlier on higher demand for steel products.Net profit for the July-September quarter soared to 907 billion won (US$806 million), up 91 percent from 476 billion won a year earlier, the company said in a s

The United States on Thursday imposed sanctions on seven North Korean individuals and three entities over the regime's human rights abuses.The Department of the Treasury said it is targeting officials and entities of the North Korean government in line with a State Department report released the