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Monday, April 12, 2021
Questions rise about prospective chief of Korea’s big airline Korean Air and Asiana Airlines are set to merge in years to come, and Cho Won-tae, chief of the former’s parent company Hanjin Group, is expected to take charge of the...
Korean online retailer makes desperate efforts Last year, Google caught the e-commerce industry by surprise as it permanently waived commission fees on products sold through its payment option. Korea’s TMON goes a step further _ instead of charging commissions, it will...
Smart Money tops 1 million subscribers South Korea’s brokerage houses have tried to attract as many subscribers as possible to their YouTube channels, but many of them struggled to achieve the goal. Against this backdrop, business bellwether Mirae Asset Securities came...
ITC rules in favor of SK in round 2 Korea’s SK Innovation defeated its cross-city rival LG Energy Solution in a battery patent conflict as the International Trade Commission (ITC) ruled in favor of the former this week. In an initial...
Korea’s HYBE acquires Ithaca Holdings at $1.05 billion HYBE, a Korean entertainment company that manages K-pop superstar BTS, has announced its acquisition of Ithaca Holdings, headed by SB Projects’ founder Scooter Braun. Toward that end, HYBE will channel $950 million into...
Data science improves corporate understanding of customers The more any company knows about its customers, the better it will be able to meet their needs and wants. Then, the outfit will be sure to survive and thrive. The thing is how...
German tech giant comes up with energy- and cost-efficient solution Merck said on March 30 that it had commercially launched a beam-steered smart antenna technology designed to help offer connectivity to people in remote areas. The technology, called licriOn™, is powered...
Will Lim Se-ryung lead Daesang Group? South Korea’s food-making group Daesang promoted Lim Se-ryung to vice chairman this week. She is the eldest daughter of Daesang Honorary Chairman Lim Chang-wook. Daesang said that Lim will take charge of the group’s marketing...
Korean broadcaster drops TV series due to historical controversies South Korean broadcaster SBS decided to cancel “Joseon Exorcist” in just two episodes as the fantasy TV series caused criticisms over its historical errors. Set in the early 15th century during the...
Drone will deliver smartphones to Irish customers Samsung Electronics has launched a drone delivery service in Ireland at a time when a mounting number of customers prefer an end-to-end contact-less experience amid the virus pandemic. The company started delivering its smartphones...

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The following is a welcoming speech, delivered by H.E Chafik RACHADI Morocco Amb. to the Republic of Korea during the opening ceremony of the...

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