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Reporter : Kim Hyun-bin
Sat, June 3, 2023 | 07:49
KITA checks corporate response to EU regulations in Hungary, Poland, Slovakia
The Korea International Trade Association (KITA) dispatched economic missions to three Central European countries - Hungary, Poland and Slovakia - from April 18 to 21 to check how the new EU regulations will affect Korean companies there as well as to discuss cooperation, according to the business lobby group, Friday.
Korean, Japanese businesses to form study group for cooperation in energy, batteries, chips
Korean and Japanese businessmen have established a study group to find new areas of economic cooperation in areas including energy, batteries and semiconductors, according to the Korea Chamber of Commerce and Industry (KCCI), Thursday.
[TEST DRIVE] Porsche Boxster GTS 4.0 packs sportiness, luxury in one
Jeju - Porsche is known for its commitment to engineering excellence, with a focus on creating cars that offer exceptional performance, handling and driving dynamics. To best experience the brand's sportiness and luxury all at once, the 718 Boxster GTS 4.0 convertible is the way to go.
Samsung, LG unveil videos dedicated to Korean War veterans at Times Square
Samsung Electronics and LG have released videos commemorating the 70th anniversary of the Korea-U.S. alliance, expressing respect and gratitude to Korean War veterans at Times Square in New York, company officials said Thursday.
POSCO aims to build energy value chain in Gwangyang
Steelmaker POSCO plans to construct cutting-edge industrial facilities at a site adjacent to its existing blast furnace in Gwangyang, South Jeolla Province, aiming to create an energy value chain. The site is expected to play an important role in POSCO Group securing a competitive edge as an eco-friendly manufacturer of cutting-edge materials.
Genesis BBQ chief honored by New Jersey State
Genesis BBQ Group Chairman Yoon Hong-geun received a certificate of merit from the U.S. state of New Jersey. According to Genesis BBQ, Chairman Yoon received the certificate awarded by the state legislature in recognition of his contributions to the state's economic development and job creation from New Jersey Senator Gordon Johnson, who recently visited Korea.
[TEST DRIVE] Audi's new RS e-tron GT packs sports performance in EV
Driving a high-performance automobile around a racing circuit is on the bucket list of every car fanatic and being able to drive an electric vehicle (EV) that fits the bill is a story of its own. Audi Korea gave an opportunity to a handful of journalists to test drive its RS e-tron GT during the Audi e-xperience Day, held at the Inje Speedium circuit in Gangwon Province on Ap...
Foreign carmakers accused of sending 'excessive' dividends to headquarters
The Korean offices of foreign car manufacturers are found to have sent their entire net profits and sometimes even more as dividends to their overseas head offices last year, instead of investing in facilities and hiring more personnel in the country, government data showed Tuesday. There are no legal issues with the transfer of dividends to their headquarters, although exces...
Korea, Portugal to strengthen cooperation in EVs, chips, renewable energy
Key political and business figures from Korea and Portugal agreed to cooperate in future core industries such as renewable energy, electric vehicles (EVs), and semiconductors. The Korea Chamber of Commerce and Industry (KCCI) jointly held the Korea-Portugal Business Forum with the Portuguese Embassy in Korea and AICEP Portugal Global at the Four Seasons Hotel in, Seoul, Wedne...
Hyundai to invest $18 bil. by 2030 to become global top 3 EV player
Hyundai Motor Group has unveiled its medium- to long-term strategy for joining the global top three in the electric vehicle (EV) market by 2030 by injecting 24 trillion won ($18.1 billion), the company said Tuesday. The announcement was made during a groundbreaking ceremony to build the country's first customized EV factory, AutoLand, in Hwaseong, Gyeonggi Province.
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