KoreaTimes - Business

The Korea Times

The Korea Times

The Korea Times

Business

Sat, September 23, 2023 | 06:40

Hydrogen engine adds to future green transportation fleet

Hydrogen engine adds to future green transportation fleet

Hydrogen will help make fossil fuels obsolete in future transportation, according to Korean scientists who developed the country's first hydrogen-powered car engine, Friday.

Holly Chik | 2023-09-15 17:22

KT offers to rebuild telecommunication infrastructure in Ukraine

KT offers to rebuild telecommunication infrastructure in Ukraine

Korean telecommunication giant KT has proposed to the Ukraine government how it can improve the war-torn country's telecommunication infrastructure and introduce ways of managing energy efficiency while operating key government networks.

Ko Dong-hwan | 2023-09-15 17:13

GS Caltex test operates container ship running on marine biofuel

GS Caltex test operates container ship running on marine biofuel

GS Caltex, a Korean oil refinery firm, has begun testing its new eco-friendly marine biofuel with a container ship filled with the fuel departing from Busan on Friday.

Ko Dong-hwan | 2023-09-15 16:48

McDonald's Korea adopts voice guidance service for kiosks

McDonald's Korea adopts voice guidance service for kiosks

McDonald's Korea said Friday it has updated its self-service kiosk with a voice guidance service at some of its Seoul stores for the first time in Asia as part of its efforts to improve accessibility and convenience for visually impaired customers.

2023-09-15 16:33

SK to spend $6.02 bil. on green transition of Ulsan complex: chief

SK to spend $6.02 bil. on green transition of Ulsan complex: chief

SK Group plans to invest 8 trillion won ($6.02 billion) to transform its main refinery and chemical complex in the country's southeast into eco-friendly businesses, its chief has said.

2023-09-15 11:05

GL Pharm Tech to raise $6.9 mil. via stock offering

GL Pharm Tech to raise $6.9 mil. via stock offering

GL Pharm Tech Corp. on Thursday announced that it will sell stock to raise 9.2 billion won ($6.9 million). The proceeds from the stock sale will be used mainly to finance its operations.

2023-09-14 21:53

Samsung helps revitalize economy by supporting subcontractors, SMEs

Samsung helps revitalize economy by supporting subcontractors, SMEs

Samsung has come up with plans to invigorate the domestic economy ahead of the Chuseok holidays later this month. Korea's largest business conglomerate said Thursday that 11 of its affiliates ...

Park Jae-hyuk | 2023-09-14 17:30

LG CNS to foster data, AI talent with Korea University

LG CNS to foster data, AI talent with Korea University

Hyun Shin-gyoon, right, CEO of LG CNS, poses with Korea University President Kim Dong-one, at the latter's office in Seoul, Wednesday, after forging a partnership. LG said Thursday that it agreed with the university to establish a recruitment-linked department to foster data science and AI professionals from next year enabling graduate students to have jobs in the company. Co...

Baek Byung-yeul | 2023-09-14 16:29

FTC vows to scrutinize monopolistic platform companies

FTC vows to scrutinize monopolistic platform companies

Fair Trade Commission (FTC) Chairman Han Ki-jeong vowed to scrutinize whether some industry-leading platform providers in e-commerce, mobility and accommodation have violated rules for fair competition amid growing fears of their monopolistic influence here.

Lee Min-hyung | 2023-09-14 16:28

Daimler Trucks Korea to reshape brand identity with electric trucks

Daimler Trucks Korea is set to reshape its future brand identity as a manufacturer of fully electric trucks, as part of its next-generation mobility growth strategy, the company said Thursday.

Lee Min-hyung | 2023-09-14 15:46

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