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Samsung posts record quarterly profits

Samsung posts record quarterly profits

Samsung Electronics posted a record operating profit of 6.72 trillion won in the second quarter, up 79 percent from a year ago, on the back of stellar smartphones sales. The technology giant said that its second quarter sales also rose by 21 percent to an all-time high of 47.6 trillion won. Its net income reached […]

[Indonesia Report] Taraweeh: A Special Prayer in Ramadan Month

[Indonesia Report] Taraweeh: A Special Prayer in Ramadan Month

Ramadan month has started for Muslims. It is tradition to fast for the whole month from sun rise to sunset. Fasting is not only to bare the thirst and hunger but also to hold oneself from practicing worldly pleasures, such as smoking or gossiping. In the holy month, Muslims not only do five prayers a […]

[India Report] Drier monsoon causes draught in India

[India Report] Drier monsoon causes draught in India

Cloudy skies but little rain seems to be the fate of India this time and the scarcity of rainfall is likely to cause drought in India. Though the meteorological department’s long range forecast for the 2012 rainfall was that it will be a normal pour this time with 99% rainfall, but the present weather condition […]

Putin’s daughter stays with her bridegroom-to-be in Germany together

Putin’s daughter stays with her bridegroom-to-be in Germany together

Russia is reported that she is preparing her marriage while staying with her bridegroom-to-be currently in Germany, according to news reports. A close aide of Naval Commander Yoon Jong-gu said: “Ekaterina Putin, the youngest daughter of President Vladimir Putin of Russia, is staying with Mr. Joon-won, the son of Naval Yoon, in East Germany region […]

7th Korea-Spain Forum opens in Seoul

7th Korea-Spain Forum opens in Seoul

‘Learning from Each Other, Sharing with Each Other’  The 7th Korea-Spain fourm opened Thursday (July 26) for two-day meeting under the theme of “learning from each other, sharing with each other” at Hotel Shilla in downtown Seoul. The forum started in 2003, as a venue for exchangeing opinions among the leading figures of the two countries.  The Korea Foundation and […]

BoA returns with ‘best’ record yet

BoA returns with ‘best’ record yet

BoA, one of K-pop’s bestselling solo artists, has returned with her seventh Korean studio album, “Only One.” The 25-year-old star says it is her best work to date, from which she draws the most satisfaction. “They’re my songs but to be honest, there are some that I skip, too,” she said, referring to her previous […]

LG’s mobile biz to turn around

LG’s mobile biz to turn around

LG Electronics fell behind in the smartphone era but seems to have finally rebounded. The latest data clearly shows that the flagship firm of LG Group is catching up fast. Despite earlier negative forecasts amid sluggish handset sales, its operating profit for the April-June period increased by 120.5 percent to 349 billion won ($302.95 million) […]

Renault Samsung boasts of quality services

Renault Samsung boasts of quality services

Renault Samsung Motors (RSM) has set a milestone by topping the annual Customer Satisfaction Index for 10 straight years through 2011 in the survey by automotive research firm Marketing Insight. The automaker is also found to have received the least complaints in terms of after-sales customer services, according to a recent report by the Korea […]

‘NK Army chief fired for defiant attitudes’

North Korean leader Kim Jong-un recently dismissed the reclusive regime’s Army chief for his refusal to cooperate in a move to tighten his grip on the North’s military, a ruling party lawmaker said Thursday, citing information provided by the country’s spy agency. “Gen. Ri Yong-ho appears to have been forced to step down for his […]

Conrad challenges Lotte, Shilla Hotel

Conrad challenges Lotte, Shilla Hotel

“Watch out Lotte and Shilla! Here we come.’’ This is the message sent out by Nils-Arne Schroeder, general manager of the Conrad Hotel Seoul, which will open in Yeouido in November. He said the Hilton Hotel Group’s premier luxury brand will steal guests from Lotte and Shilla, as well as from the Hyatt, Walkerhill and […]

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