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Fri, September 29, 2023 | 09:51

Pulmuone runs local food industry's first hydrogen truck

Pulmuone runs local food industry's first hydrogen truck

Pulmuone has deployed the local industry's first hydrogen truck to reduce the company's emissions and contribute to the country's carbon neutralization goal, the food company said Monday.

Ko Dong-hwan | 2023-09-11 15:46

Hyundai E&C inks partnership deal with energy IT startup

Hyundai E&C inks partnership deal with energy IT startup

Hyundai Engineering & Construction (Hyundai E&C) said Monday it has signed a partnership deal with a local energy IT startup via an equity investment in an effort to break into the power brokerage business.

2023-09-11 14:10

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor's vehicle sales in Russia come to standstill

Hyundai Motor saw its sales plunge to an all-time low in Russia last month, according to the Association of European Business (AEB), Sunday. The association said Hyundai Motor sold only six vehicles in August, which accounts for 0.01 percent of the Russian market share, down 99.9 percent from 2,982 cars a year earlier.

Ko Dong-hwan | 2023-09-11 08:28

Samsung Group begins large-scale recruitment

Samsung Group begins large-scale recruitment

Samsung Group will begin accepting applications for new hires on Monday, marking the start of its large-scale recruitment for the second half of the year, the nation's largest conglomerate said Sunday. The group said its 20 affiliates, including Samsung Electronics, Samsung Display, Samsung Electro-Mechanics, Samsung SDI, Samsung C&T, Samsung Biologics, Samsung Life Insurance...

Baek Byung-yeul | 2023-09-10 16:25

Korea's overseas construction orders rise 20% in Jan.-Aug. period

Korea's overseas construction orders rise 20% in Jan.-Aug. period

Korean construction companies' overseas orders increased 20 percent in the January-August period from a year earlier to exceed $20 billion, industry data showed Sunday.

2023-09-10 11:10

Korean streamers still have chances to catch up with Netflix: expert

Korean streamers still have chances to catch up with Netflix: expert

Korea's homegrown streaming service operators, like Tving and Wavve, can compete with global media giant Netflix in the local market as long as they have effective plans to deal with rising production costs and viewers' changing preferences, a senior expert of a U.S. market analyst firm has said.

2023-09-10 09:39

Bleak outlook for wage negotiation weighs on automakers

Bleak outlook for wage negotiation weighs on automakers

The outlook remains bleak for automakers to reach a timely compromise with labor unions in wage negotiations as unionized workers refuse to back down from partial strikes against what they claim to be an “unsatisfactory” salary increases offered by management.

Lee Min-hyung | 2023-09-09 09:00

Korean conglomerate leaders seek to bolster partnerships with Indonesia

Korean conglomerate leaders seek to bolster partnerships with Indonesia

Business leaders here have pledged to tighten their partnerships with Indonesia, identifying the country as a strategic base for their smooth expansion into the Southeast Asian market.

Lee Min-hyung | 2023-09-08 17:03

Korea, Indonesia pledge stronger security, economic cooperation

POSCO Group bolsters ties with Australia to secure core minerals

POSCO Group bolsters ties with Australia to secure core minerals

POSCO Group Chairman Choi Jeong-woo helped Korea and Australia enhance their bilateral ties in investing in the hydrogen industry and key minerals by inviting the Premier of Western Australia, Roger Cook, to the annual joint meeting in Seoul between the two countries' business councils, Friday.

Park Jae-hyuk | 2023-09-08 13:45

Korea to build major data center in Pohang

Korea to build major data center in Pohang

Korea will push to build a 120 megawatt data center in the southeastern industrial city of Pohang by 2027, the industry ministry said Friday.

2023-09-08 11:14

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