State-backed outfit strives to strengthen consumer protection
The Korea Deposit Insurance Corporation (KDIC) announced on March 8 that the entity had worked on the idea of expanding the coverage of deposit insurance.
KDIC President Yoo Jae-hoon made the remarks during a...
Two countries will encourage development of hydrogen economy
H2Korea announced on March 9 that the state-backed organization would hold a conference about the hydrogen economy next week, along with delegates from the Netherlands.
Organized by the parliamentary hydrogen economy forum and...
More companies tap into auto industry
South Korean home appliance maker LG Electronics announced on March 9 that it had launched its Vietnamese affiliate to strengthen its automotive parts business.
LG noted that the new subsidiary in Hanoi would be tasked...
AMCHAM encourages member corporations to follow its suit
The American Chamber of Commerce in Korea (AMCHAM) announced on March 8 that it would donate to Korean victims of forced workers during Japan’s colonial rule in 1910-45.
The organization said that it...
Korean outfit strives to support kids in Seoul
South Kora’s Sampyo Group announced on March 6 that the outfit had donated satchels and school supplies to needy children in Seoul in time with the new semester.
The donated ones would be...
Will artificial intelligence replace human employees?
Artificial intelligence expands their scope of work as they start to write press releases and paint pictures for newspaper advertisements in South Korea.
South Korean contractor DL E&C said on March 6 that it recently...
Free network connection speed will more than double
South Korea’s top telecom company KT announced on March 2 that it had joined hands with U.S. chipmaker Intel to introduce Wi-Fi 7 technology, which is more than two times faster than...
Korean retail giant turns profit for 2 straight quarters
South Korean online retailer Coupang announced on March 1 that it had chalked up record sales last year at $20.58 billion, up 26 percent from a year before.
The 2022 net loss...
Preed vies to become total life-care company
According to Statistics Korea, the number of those who are aged 65 or older is expected to reach 10 million by the mid-decade, making the country one of the fastest-aging societies in the...
South Korean top minister celebrates 62nd National Day of Kuwait
During the past 20 years, Korean companies have played an important role in implementing several mega-projects in the fields of infrastructure, construction, and energy in Kuwait, worth billions of dollars.
Against...
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Myanmar marks Armed Forces Day in Seoul
Meeting hosted in time with the 78th anniversary of the day
On the occasion of the 78th anniversary of the Armed Forces Day of the...
