North Korea was ranked 17th for its relative power among 26 countries in the Asia-Pacific region, Australia’s Lowy Institute said in an annual report. The foreign policy think tank on Sunday released its 2021 Asia Power Index report, which comprehensively gauges the power of Asia-Pacific countries by using 131 indicators across eight thematic measures. The index assessed a wide range of country...

Notably, S-Oil said al-Qahtani was recognized for enhancing Korea’s export competitiveness and industrial development through the operation of a 5 trillion-won ($4.23 billion) petrochemical complex in Ulsan and the planning of a 7 trillion-won investment for the “Shaheen” project, designed to add a steam cracker and an olefin downstream facility in Ulsan. S-Oil also contributed to promoting Kore...

A major US ride-sharing company will operate electric water taxis powered by Samsung SDI batteries near the Golden Gate Bridge next year. According to industry sources on Monday, the San Francisco-based startup will operate three electric water taxis -- each loaded with 220 kilowatt-hours of Samsung SDI batteries -- in the Golden Gate Strait starting in the second quarter of next year. The pric...

ULSAN -- A city the size of Hong Kong churns out 5,400 cars every day, builds 12 percent of the world’s ships and runs Asia’s third-largest petrochemicals complex. It’s no surprise that Ulsan has the highest carbon emissions per person in South Korea. The port city, sitting on the southeast coast of the Korean Peninsula, aims to turn its weakness into a strength by collecting massive waste hydr...

“If four hydrogen vehicles are waiting in the line, a charger can fuel the first three cars in 15 minutes, each taking five minutes. But the fourth car will have to wait another 15 minutes for the charger to reset,” In said. “Because there’s one charger, profits are limited. Most of the hydrogen fueling stations in South Korea are in deficit.” When it comes to the state’s subsidy program, hydro...

세계 최대 승차공유 기업 U사가 삼성SDI 배터리를 탑재한 전기 수상 택시를 내년부터 샌프란시스코 금문교 부근에서 운영한다. 전기차를 넘어 수상택시까지 삼성SDI의 ‘수륙양용’ 배터리 시장 확대가 기대된다. 6일 조선업계에 따르면 U사는 삼성SDI 배터리 220kWh를 탑재한 수상택시 총 3대를 내년 2분기부터 골든게이트 해협에서 시범 운용할 계획이다. 해당 전기 수상택시는 U사의 플랫폼에서 호출 가능할 예정이다. 대당 가격은 3억 3천만원선이고 7인승이다. 한 업계 고위 관계자는 코리아헤럴드와 만나 “현재 총 5대의 수상택시가 국내에서 제작 중”이며 “4월경 3대가 미국으로 인도되고, 나머지 2대는 국내에서 운영될 예정”이라고 말했다. 해당 수상택시 제작사는 국내 친환경 소형선박 스타트업 빈센으로 ...

South Korea stepped up diplomacy last year to deal with emerging challenges from the COVID-19 pandemic and join global efforts to fight cross-border health threats, according to its annual diplomatic white paper published on Monday. The foreign ministry added a new chapter to the 2021 white paper to detail diplomatic activities in regard to protection of Korean nationals and businesses abroad, s...

BEIJING , Dec. 6, 2021 /PRNewswire/ -- A country's democratic system is deeply rooted in its history, culture and tradition, therefore, there is no "one-size-fits-all" democracy model.   Shen Haixiong, president of China Media Group (CMG), made the remarks at the International Forum on Democracy: The Shared Human Values, on Saturday. Held in Beijing , the forum was attend...

South Korea and the Asian Development Bank (ADB) plan to co-host a road show this week with an aim to facilitate Korean startups' foray into the Asia-Pacific region and find ways to promote sustainable growth of developing nations, the finance ministry said Monday. The ADB Ventures Korean Roadshow will be held Friday both via YouTube streaming and at Dream Plus in Seoul's southern district of Ga...

SINGAPORE , Dec. 6, 2021 /PRNewswire/ -- Cambridge Assessment English, a not-for-profit department of the University of Cambridge has partnered with Cambridge University Press to introduce Linguaskill. Globally recognised as an accurate English language test, Linguaskill acts as an effective tool to help employers across Asia ensure that their teams have the language skills required to c...

BEIJING , Dec. 6, 2021 /PRNewswire/ -- Democracy is a shared human value, not the patented purview of a self-appointed few, the "International Forum on Democracy: The Shared Human Values" emphasized on Saturday. In the keynote speech, Huang Kunming, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Centra...

HONG KONG , Dec. 6, 2021 /PRNewswire/ -- The Yidan Prize Foundation, the global philanthropic foundation behind the world's highest education accolade, hosted the 2021 Yidan Prize Summit and Awards Presentation Ceremony yesterday. A toast to our 2021 laureates from our Awards Presentation Ceremony guests, including Mrs Carrie Lam, Chief Executive of Hong Kong SAR and Dr Charles CHEN Yidan, Fo...

President Moon Jae-in said Monday that South Korea's trade is expected to amount to an all-time high of more than $1.2 trillion this year on the back of strong exports in a sign that the nation's economic recovery is faster than anticipated. "Exports are forecast to exceed $630 billion and trade volume is expected to surpass $1.2 trillion," Moon told a ceremony marking the 58th Trade Day. In th...