The fourth unit of the South Korean-built Barakah nuclear power plant in the United Arab Emirates has been successfully connected to the Middle East nation's power transmission grid, South Korea's state-run utility company said Sunday. The Unit 4 plant began operations earlier this month and deliver
Hyundai Motor Co. and Kia Corp., South Korea's biggest carmakers, have sold more than an accumulated 5 million eco-friendly vehicles in the global market over the past 15 years, company officials said Sunday. The two companies sold a total of 5.11 million units of eco-friendly cars, including hybrid
South Korea's central bank said Thursday it will maintain its current restrictive policy stance as any hasty rate policy change may undermine market confidence and further raise already high household debt.In its latest monetary policy report, the Bank of Korea (BOK) said the country's inflation is
South Korea added more than 300,000 jobs for the second consecutive month in February led by solid job growth in the manufacturing sector amid rising exports, data showed Wednesday.The number of employed people came to 28.04 million last month, up 329,000 from a year earlier, according to the data c
South Korea's exports fell more than 13 percent on-year in the first 10 days of March due mainly to fewer working days and weak demand for vehicles, but sales of semiconductors jumped more than 20 percent, data showed Monday. Outbound shipments reached US$13.54 billion in the March 1-10 period, comp
대한전선이 유럽, 미주 등 글로벌 주요 시장에서 경쟁력을 입증하고 있다.대한전선(대표이사 송종민)은 글로벌 인프라 그룹인 발포어 비티(Balfour Beatty)에 초고압 전력망을 공급할 예정이라고 6일 밝혔다. 전체 금액은 약 3,800만 달러 규모다. 해당 프로젝트는 영국 북부 지역에 132kV급 신규 초고압 전력망을 구축하는 사업이다. 노후되어 있는 가공선을 지중선으로 변경해 전력 공급의 안정화와 송전 용량 확대를 도모한다.대한전선은 지난해 11월에 발포어 비티와 업무 협약(MOU)을 체결하고 상호협력해 왔다. 이번 프로젝트
Also recognized in the United States, suzerain country of chicken in the worldReporter Ms. Kim Soo-bin BBQ Chicken from Korea's largest chicken franchise, Genesis BBQ Group (led by Chairman Yoon Hong-geun) has been selected as the "Best Fried Chicken" by the American food magazine, Taste of Home.The
The health ministry on Friday ordered 221 training hospitals to ban mass leave and maintain essential medical personnel, as trainee doctors decided to submit their letters of collective resignations in protest of a plan to boost the number of medical students.The order came hours after trainee docto
A leading Korean construction business group, Booyoung, declared on February 5 that it will provide employees with 100 million won (US$75,000) per birth to help boost the country's record-low birth rate.Booyoung has delivered a combined 7 billion won to 70 employees, either man or woman, who had one
Hyundai Rotem is showcasing its advanced ground unmanned platform technology optimased for the future battlefield environment in the Middle East market. Hyundai Rotem announced on the 5th that it will participate in the '2024 Saudi International Defence Exhibition (WDS),' which will be held in Riyad
South Korea's car exports moved up 9.5 percent on-year in September on the back of stronger demand for eco-friendly cars, including electric vehicles (EVs) and hydrogen models, the industry ministry said Wednesday.The combined value of car exports reached US$5.23 billion in September, compared with
By Feature Editor Kim Hyung-daeThe Rural Development Administration (RDA) is celebrating its 61st anniversary this year. Launched on April 1, 1962, the year when the First Five-Year Plan for Economic Development began, the agency has served as the leader of Korea's agricultural revolution.It has tak
By Ouyang Jie, People's DailyThis year, the Chinese department store Intime released a calendar that made an impression.The calendar and its packaging were made of environment-friendly materials. Its stand and packing box were made of biodegradable kraft paper, and the calendar card can grow flowers
By Guan Kejiang, People's DailySaudi Arabia is the largest trading partner of China in the Middle East. Over the recent years, the two countries have witnessed increasingly frequent economic and trade exchanges as China's Belt and Road Initiative (BRI) and Saudi Arabia's Vision 2030 achieved greater
By Wu Qiuyu, People's DailyAccording to annual reports of Chinese listed banks, greenness has become a defining character of the high-quality development of China's banking sector.Multiple banks have reported growing businesses of green credit, and their green financial products such as green bonds
By Du Haitao, Wang Ke, People's Daily"I knew there would be a lot of tourists, but I never expected so many," said Li Xin, who runs a B&B hotel near the Longmen Grottoes, a tourist site boasting a history of more than 1,500 years in Luoyang, central China's Henan province.According to Li, the hotel
Trade, Industry and Energy Minister Lee Chang-yang attended the Carbon-Free Energy Forum launching ceremony on May 17 at the Korea Press Center in Seoul and led discussions on carbon-free energy certification and Forum management directions.The minister stated in his opening message that “Re100” is
By Gu Yekai, Yuan Taoxiong, People's DailyIntellectual property (IP) is indispensable to innovative and high-quality development. Over the recent years, China has witnessed a rise in both the number and quality of valid invention patents, which indicates continuously strengthened impetus for innovat
By Wang JunlingThe exports of excavators can indicate the development of the engineering machinery industry and even the manufacturing industry. Since this year, the exports of Chinese excavators have been on a constant rise, becoming a highlight of the sluggish world economic recovery.According to
By Zhang Cong, Ju Yunpeng, People's DailyTo observe whether the public can express their requirements without hindrance is an important way to evaluate whether a country's political system is democratic and efficient.Last year, a primary school student surnamed Wu, who lives by the Suzhou River in S