Nexen Tire (CEO Kang Ho-Chan) announced on July 4 that it had been selected as the No. 1 in the tire sector for 13 consecutive years in the ‘2022 Global Customer Satisfaction Competency Assessment System (GCSI)’ survey hosted by the Global Management Association.GCSI, which marks its 18th anniversar

LG Energy Solution is branching out in its efforts to secure supply chain of materials as it ramps up its battery production to satiate the growing market demand.LGES announced on June 29 that it has signed a non-binding Memorandum of Understanding (MOU) with Compass Minerals, a leading U.S. provide

Shinhan Financial Group leaders met with British Deputy Minister Lord Gerry Grimstone of International Trade and British Ambassador Colin Crooks in Seoul at its head office in Seoul on June 3 to discuss the financial role for sustainable investment such as building eco-friendly infrastructure.Deputy

German authorities have raided Hyundai and Kia motor premises owing to suspicions that they put over 210,000 diesel vehicles with suspected illegal defeat devices.Around 140 prosecutors and investigators in Frankfurt and Luxembourg were mobilized to raid eight premises of the South Korean automakers

Laos is the third foreign country to establish MG Community Credit Cooperatives after Myanmar and Uganda. Starting with Laos’ first MG Community Credit Cooperatives in December 2020, three MG Community Credit Cooperatives have been established and operated.As of the end of 2021, Laos is one of the p

LG Electronics collaborated with Anish Kapoor to showcase the world-renowned British-Indian artist’s media artwork on LG Signature OLED R.Representing the perfect fusion of artistry and technology, Kapoor’s experiential digital art on LG’s sublime, self-lit TV was presented in collaboration with Lis

By Yang Xun, Bai Yang, People’s DailyIn recent years, BRICS countries, namely Brazil, Russia, India, China and South Africa, have maintained sound momentum of economic and trade cooperation. With the growth rate of exports among them exceeding the global average, BRICS countries have made important

UAE Embassy announced that they had participated the ‘IGF 2022 (Imported Goods Fair 2022)’ opened at COEX Hall C for 3 days and began to promote its country’s various product in the earnest.On this day, H.E UAE Ambassador to Korea Abdulla Saif Al Nuaimi and related official from the embassy particip

By Abdulaziz RASULEV, Doctor of Law, Professor Shokhzhakhon KHUZHAEV, PhDThe following article was contributed by the Embassy of Uzbekistan in Seoul for publication by The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985.—Ed.Now many are literally sounding

KOTRA held a ceremony for the 60th anniversary of its founding at its headquarters in Yeomgok-dong, Seoul on June 20.The ceremony was attended by major figures from all walks of life, including Jang Young-jin, the first vice minister of the Ministry of Commerce, Industry and Energy, Kim Kyung-man, c

Chairman Chey Tae-won of the SK Business Group in Korea has received France's most prestigious 'Legion d'Honneur' medal.Chairman Chey, who went on a business trip to France to introduce Busan Expo, will receive the highest medal in the country.Chairman Chey will receive the 'Legion d'Honneur' medal

SK Geo Centric (SKGC), SUEZ, and Loop Industries announced on June 17 that SKGC will become an equal partner in the previously announced partnership between Loop and SUEZ, which was formed to build the first Infinite Loop manufacturing facility in Europe.Loop Industries is an innovator in sustainabl

Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, has been fanning the fresh breeze of sustainability stirring within Korean bar culture. Pernod Ricard Korea launched its Bar World of Tomorrow training program in January this year. It is being provided to bar

Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on June 16, 2022 that it had celebrated the group’s Responsib’ALL Day in Seoul and other major cities by taking part in environmental protection activities such as tree planting and river purificatio

SK Innovation Vice Chairman Kim Jun said that he would present future business directions according to changes in the energy mix and accelerate innovation of eco-friendly business models.Vice Chairman Kim attended the 'SK Innovation Global Forum' held in San Jose, western California on June 11 and g

A lighting-up ceremony was held at the Gwangyang Steel Works to announce the operation of the 4th blast furnace at the steel works on June 10.POSCO Group Chairman Choi Jeong-woo said, "Like the blast furnace, the symbol of steel works, I hope that POSCO will further solidify its status as the world'

Sinsin Pharm announced on June 5 that it had participated as the main sponsor in the ‘2022 Sejong Asia Triathlon Sprint Championship’, which was held from June 4 to 5.This event, held in the Sejong Lake Park area, is the most prestigious triathlon in Asia. About 90 triathletes and 750 members of the

LG Electronics’ Software Testing Center has officially been designated a TÜV Rheinland Appointed Laboratory, meaning the facility can now conduct functional safety tests on any automotive software solution that falls under the ISO 26262-6 standard.The center possesses the capabilities to independent

POSCO won the Gold Award in the technology category at the 26th International Stainless Steel Forum hosted by World Stainless Association.The technology that won the Gold Award this time was the high-performance ferrite stainless steel ‘430RE (Ridging Endurance)’ manufacturing technology. As the tec

Samsung Electronics and Red Hat, the world’s leading provider of open source solutions, announced a broad collaboration on software technologies for next-generation memory solutions on May 25.The partnership will focus on the development and validation of open source software for existing and emergi