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[Photo News] Seoul seeks 'best sleeper'
[Herald Interview] Byun Yo-han's 'unlikable' character is result of calculated acting
Discover your inner Indiana Jones in Palawan
[Weekender] Geeks have never been so chic in Korea
[Eye Interview] Italian priest feeds souls of the hungry in Korea
[Herald Review] 'Uncle Samsik' features tightly woven plot, allusions to Korean history
[What to Stream] Get VIP seats to superstars' concerts
N. Korea slams US over redesignation as uncooperative country in counterterrorism efforts
North Korea confirms missile launch, vows bolstered nuclear force
NewJeans members submit petitions over court injunction in Hybe-Ador conflict
Yoon vows to advance freedom, welfare to uphold spirit of 1980 pro-democracy uprising
Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia
Israeli army finds bodies of 3 hostages in Gaza killed at Oct. 7 music festival
US expert says N. Korea might ignore Trump if he returns to White House
HRNK report sheds light on human rights abuse of N. Korean nuclear scientists
N. Korea says it test-fired tactical ballistic missile with new guidance technology
Daewoo E&C chairman meets Cambodian PM
US Air Force blames power loss, weather for F-16 crash in S. Korea in May 2023
Ex-president Moon recalls in memoir NK leader voiced will not to use nukes
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LX Pantos attains security certification from German automakers
Mar 12, 2024
LX Pantos, a Korean logistics company, said Tuesday that it has obtained the Trusted Information Security Assessment Exchange certification from the German Association of the Automotive Industry, in a move to gain an upper hand in delivering cars and automotive parts. TISAX serves as a standardized measure of information security within the automotive sector, focusing on key areas like information security, supply chain security, data protection, and prototype protection. After undergoing a rigo
Hyosung Ventures invests in logistics solution provider
Mar 12, 2024
Hyosung Group's corporate venture capital arm Hyosung Ventures said Tuesday that it had decided to invest in Colosseum, a company specializing in logistics center network solutions. Colosseum is a fourth-party logistics provider, offering comprehensive solutions that encompass inventory management, transportation, packaging and logistics consulting. "We are exploring innovative business partners that fit the rapidly changing trends of future industries beyond the logistics system solut
LG to develop AI model to treat Alzheimer's, cancer
Mar 11, 2024
LG Group said Monday that its artificial intelligence research lab is teaming up with US biomedical institution Jackson Laboratory to develop AI models that can be used to treat Alzheimer's disease and cancer. The new partnership comes after the two entities signed a memorandum of understanding in December last year. Under the new contract, LG Group will use its AI model, EXAONE, to analyze Jackson Laboratory’s research data relating to different types of cancers and Alzheimer's
[Herald Interview] Indiana looks to expand Korean ties in chips, AI
Mar 11, 2024
Indiana official highlights local community, academic partners as alluring factors for foreign investment
[Herald Interview] Crypto.com eyes expansion into Korea
Mar 11, 2024
Singapore-based company upbeat about becoming first foreign crypto exchange operator here
Coupang expands overseas direct purchase service to Japan
Mar 11, 2024
South Korean e-commerce giant Coupang announced Monday that it will expand its Rocket Jikgu service coverage to Japan, following its fast-delivery service launches for the US, China and Hong Kong. The expansion of Rocket Jikgu, an overseas direct purchase service, will now allow the direct purchase in Korea of products from Japan. The Japanese overseas direct purchase market grew by 11 percent in 2023 compared to the previous year, with major categories including fashion, food and home goods, ac
Daesang launches new K-snack lineup for global palates
Mar 11, 2024
South Korean food company Daesang has unveiled its new Korean Street Food product line through its international brand, O'food. According to the company on Monday, the launch signals a strategic push to adapt and expand the company’s offerings to meet the growing global appetite for Korean cuisine. In recent years, O'food's Tteokbokki product has seen a remarkable 4.7-fold sales increase over the previous year, highlighted by strategic placements in major US supermarket chai
Doosan wins W150b supply deal for Saudi power plants
Mar 11, 2024
Doosan Enerbility, a leading energy solutions provider in South Korea, announced on Monday that it has signed a contract valued at 150 billion won ($114 million) to supply equipment for Saudi Arabia's largest combined-cycle power plant project. The agreement was reached with China’s SEPCO-3, responsible for the engineering, procurement and construction of the combined-cycle power plants in the Taiba and Qassim regions in the Saudi kingdom. Under the contract, Doosan Enerbility will su
EcoPro to inject W1.2tr in Pohang battery hub
Mar 10, 2024
South Korean battery materials maker EcoPro said Sunday it would invest 1.2 trillion won ($910 million) in its Pohang campus in North Gyeongsang Province this year to expand its comprehensive secondary battery supply chain, which covers everything from producing key components to recycling. The company plans to allocate 690 billion won to expanding its precursor plant, with additional funds directed toward increasing production of anode material at 32 billion won, lithium hydroxide production fa
Koreans lose appetite for fruits amid soaring prices
Mar 10, 2024
South Korea’s fruit consumption has diminished by almost 20 percent over the past 15 years amid supply shortages and soaring prices, government data found Sunday. According to the Ministry of Agriculture, Food and Rural Affairs, the nation’s per capita fruit consumption declined by 19 percent to 55 kilograms in 2022 after peaking at 67.9 kilograms in 2007. Tangerines and apples topped the per capita consumption with 11.8 kilograms and 11.0 kilograms, respectively, followed by pears (
Samsung’s H1 hiring season starts Monday
Mar 10, 2024
Samsung Group, South Korea’s top conglomerate, said Sunday that its official recruitment in the first half of this year will start Monday, with 19 affiliates joining the large-scale hiring of entry-level workers. The key affiliates include Samsung Electronics, Samsung Display, Samsung Biologics, Samsung SDS and Samsung SDI, Samsung C&T, Samsung Life Insurance and The Shilla Hotel. Applicants are required to submit their applications via Samsung’s official recruitment website from
SK Ecoplant, Austria’s Therme to develop luxury resort in Songdo
Mar 10, 2024
South Korean energy and environmental solutions provider SK Ecoplant announced Sunday that it has partnered with the global wellness company Therme Group to develop a resort and spa in Incheon, Gyeonggi Province. The collaboration was formalized with a memorandum of understanding signing ceremony at SK Ecoplant's headquarters in Seoul on Friday, attended by SK Ecoplant CEO Park Kyung-il and Therme Group Chair Robert Hanea. The Austria-based Therme Group, famous for its innovative wellness r
[Photo News] Empowering women leaders
Mar 10, 2024
Shinhan Financial Group Chairman Jin Ok-dong highlighted the need to nurture female leaders during the 2024 Shinhan SHeroes Conference held at the group’s headquarters in central Seoul on Friday. The conference celebrated the launch of the seventh class of Shinhan SHeroes, an in-house leadership training program for women. "Female leaders are individuals responsible for promoting diversity," Jin said. "Shinhan will train them to lead changes of the times." The program
Handok-Genexine’s long-acting growth hormone gets orphan drug status in Korea
Mar 8, 2024
South Korean pharmaceutical company Handok announced Friday that GX-H9, a long-acting recombinant human growth hormone it co-developed with Genexine, has won orphan drug designation from the country's Ministry of Food and Drug Safety. Handok said the designation for GX-H9, which it received on Monday this week, will help the company speed up the launch of the medicine. In Korea, when a drug qualifies for the orphan drug designation, the drug is eligible for conditional approval based on res
JB acquires stake in Vietnam's fintech app Infina
Mar 8, 2024
JB Financial Group on Thursday said it will acquire a minority stake in Vietnam’s retail investing app Infina, in a bid to help the group’s securities affiliate expand its customer base in the Southeast Asian country. In a strategic partnership deal, the group will buy 3.9 percent of Infina's shares and increase its holdings to some 5 percent depending on the results of collaboration between its brokerage unit JB Securities Vietnam and Infina. JB Securities Vietnam, based in H
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