President-elect Yoon Suk-yeol visited POSCO's Gwangyang Steel Mill on April 21. Yoon had tea time with POSCO Group Chairman Choi Jung-woo, POSCO Vice Chairman Kim Hak-dong and Jeonnam Governor Kim Young-rok, while visiting Gwangyang 1 furnace to encourage employees.POSCO Chairman Choi said, “POSCO h

The chicken franchise Genesis BBQ Group delivered a certificate of "Chicken Pension" to 19 Beijing Olympic medalists, including Choi Min-jung and Hwang Dae-heon, at Lotte Hotel in Sogong-dong, Jung-gu, Seoul on April 21.The "Chicken Pension" was a promise Chairman Yoon Hong-geun made to restore calm

By Kevin LeeEducation Mecca Osan City is making another big leap forward with 'Eduverse'. Eduverse, a compound word of education and metaverse, is a branding strategy of Osan City to be reborn as a new city.It means that people and things interact in a space where virtual and reality converge, and a

The Ministry of Culture, Sports and Tourism (Minister Hwang Hee) and the Korea Creative Content Agency (KOCCA) (President Jo Hyun-rae) said that they produced an interview video with a local media company in the US and released it on YouTube at the US Business Center to help K-contents advance into

The Carbon Neutral Committee and Carbon Neutral Green Steel Technology Advisory Panel, which will play leading roles to achieve POSCO’s Net-Zero Carbon 2050, started operation in earnest.The Carbon Neutral Committee is a consultative group that was launched on March 16 to coordinate the net-zero car

“SK Innovation will focus on discovering new businesses for its business portfolio (Portfolio Designer & Developer) and greatly reinforce the company’s business development and R&D areas to make a strong drive to secure tech-based Green Portfolio,” said Kim Jun, Vice Chairman and CEO of SK Innovatio

Salute, the prestige whisky from Pernod Ricard Korea (headed by CEO Frantz Hotton) has been selected as the Best of 2022 in the whisky category at the 2022 Korea Wine and Spirits Awards. In addition, the company’s premium scotch whisky Ballantine’s and Irish whisky Jameson won the grand prize in the

BAT Sacheon Factory has been officially certified for the International Alliance for Water Stewardship (AWS), the company announced on April 7.BAT Sacheon Factory has taken steps to acquire the AWS certification since last year and passed the final assessment through rigorous on-site water resource

NANO-X IMAGING Ltd., an innovative medical imaging technology company, announced on April 5 that it has opened its new semiconductor chip fabrication plant in South Korea.The facility is operational, opened on schedule, and will be the main production site of Nanox micro-electro-mechanical systems (

Korea Racing Authority, led by CEO Jung Ki-hwan, has released the official emblem commemorating the 100th anniversary of Korean horse racing, promoting the history of a century of Korean horse racing, and spurring efforts to make horse racing a national sport.KRA unveiled the official emblem on Apri

Bangladesh, a huge market with a population of 170 million, is emerging as a promising investment destination for Korean companies.Bangladesh has continued its economic growth of 6-7% every year for the past decade, but recorded the highest growth rate in the world at 8.4% in 2019 just before COVID-

POSCO Holdings has started construction of a lithium commercialization plant in Argentina, the company said on March 31. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction a

LG Electronics will participate in the Bangladesh Smart City Project. It will help modernize rural areas by supplying digital signage solutions.According to industry sources on April 1, LG Electronics recently signed a memorandum of understanding (MOU) with Bangladesh's ministry of agriculture (DAE)

Pernod Ricard Korea, the Korean affiliate of the global wine and spirits company Pernod Ricard, announced on the 23rd, it will recruit participants for “The Bar World of Tomorrow” program in April and May, a professional training to establish the eco-friendly bar culture in Korea. ‘The Bar World of

POSCO Group Chairman Choi Jeong-woo met with Alberto Angel Fernandez at the presidential palace in Buenos Aires, the capital of Argentina, on March 21 (local time) to discuss cooperation between POSCO Group and the Argentine government in secondary battery materials business.The meeting took place a

Hyundai Motor inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta, on March 16.The inauguration followed Hyundai’s signing of a Memorandum of Underst

By Feature Editor Kim Hyung-daeRural Development Administration improves agricultural productivity using digital technology. It is expected that digital technology that brings together technologies related to the Fourth Industrial Revolution, such as big data and artificial intelligence, will be use

Pernod Ricard Korea, the Korean unit of the Paris-based global wine and spirits company Pernod Ricard, announced that it joined Asia initiative with digital campaign for responsible drinking ‘#Make Memories, Not Hangovers’ in January reaching nearly 1 million people. The Korean campaign covering key

By Kevin Lee“The total sales of Korean companies is similar between large companies and SMEs at 52% versus 48%, but in terms of profit margin, large companies take 57% of the total operating profit and SMEs only account for 25%. As a result, the polarization problem is escalating to the highest leve

Hyundai Motor Co. and Iveco Group have signed a Memorandum of Understanding (MOU) on March 4 to explore possible collaborations on shared vehicle technology, joint sourcing and mutual supply, Hyundai Motor said on March 7.The signing ceremony took place at Hyundai Motor’s headquarters in Seoul, and