A half-duplex terminal for displaying a holding time and a communication method therefor are provided. In the half-duplex terminal, a transmitter/receiver transmits/receives data and an acknowledgement (ACK) signal, a push-to-X (PTX) key is activated for data transmission/reception, a timer counts time upon pressing of the PTX key, a display displays a total holding time and a controller controls calculation of the total holding time based on the time count, display and counting down of the total holding time.