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Reporter : Park Jae-hyuk
Fri, December 8, 2023 | 08:20
Expectations grow over sale of Air Busan to city firm
Busan’s business community began to pin high hopes on the sale of Air Busan from Asiana Airlines to a company in the city, as the Korea Development Bank (KDB) became more open-minded toward the proposal, according to industry officials, Thursday.
Companies | 2023-11-16 16:07
SK ecoplant enables worldwide energy transition
CHANGWON/GOSEONG COUNTY, South Gyeongsang Province — Gigantic substructures that will support offshore wind turbines stood under gantry cranes, Thursday, at a 410,000-square-meter site of SK oceanplant, a subsidiary of SK ecoplant, in the southeastern coastal county of Goseong, South Gyeongsang Province.
Companies | 2023-11-14 13:00
Business leaders call on president to veto pro-labor bill
Korea’s six largest business lobbies held a press conference, Monday, condemning the passage of a bill at the National Assembly last Thursday for labor-friendly revisions to the Trade Union and Labor Relations Adjustment Act.
Companies | 2023-11-13 15:57
Clean-shaven Kakao founder vows radical reforms
Kakao will reconsider its entire business plans from scratch, to live up to the public's expectations, according to the IT firm’s founder, Monday.
Companies | 2023-11-13 14:58
Korean battery makers slow down overseas expansion
The deceleration in global demand for electric vehicles (EVs) is putting the brakes on Korean battery makers’ plans to build manufacturing facilities overseas, according to industry officials, Sunday.
Companies | 2023-11-12 14:44
[INTERVIEW] Invest Alberta to help POSCO secure minerals for EV batteries
Canada has been mentioned frequently these days as one of the most popular investment destinations for Korean battery firms that cooperate with global carmakers, amid the recent trends of on-shoring and near-shoring, caused mainly by the escalating geopolitical tensions between the U.S. and China.
Companies | 2023-11-09 08:29
SK Innovation recognized for green transformation strategy
SK Innovation’s “green transformation” strategy has been noted as superior to those of the company's competitors by a foreign academic citing its high feasibility, the company said Wednesday.
Companies | 2023-11-08 15:18
POSCO 1% Foundation donates $69 mil. over 10 years
POSCO Group Chairman Choi Jeong-woo, center, applauds with employees during a ceremony to celebrate the 10th anniversary of the POSCO 1% Foundation at POSCO Center in Seoul, Wednesday. The foundation has donated 89.8 billion won ($69 million) over the past 10 years to 303,844 recipients, including the elderly and disabled people, children of multicultural families and young j...
Companies | 2023-11-08 15:03
5 foreign firms pledge $940 million in investments in Korea
BUSAN - Five foreign companies from the U.S., Japan, France, Spain and Thailand have agreed to invest a combined $940 million in Korea’s advanced technology sectors, the industry ministry said Tuesday.
World Expo 2030 | 2023-11-07 16:48
Invest KOREA Summit opens to promote Busan's World Expo bid
BUSAN - Braving strong winds under a cloudy sky, a cruise ship carrying foreign correspondents in Korea sailed on Monday off the coast of Busan’s North Port, which is the candidate site for the World Expo 2030.
World Expo 2030 | 2023-11-06 19:56
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It's beginning to look a lot like Christmas
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