Artificial Intelligence (AI), deep partner collaboration, and building a strong ecosystem foundation were championed as next-level growth engines to new opportunities in industry digitisation at the recent Huawei Cloud APAC Partner Connection Summit 2024.Huawei Cloud Asia Pacific hosted approximatel
South Korean fashion company ShinWon Corporation (CEO: JJ Park) is conducting the global campaign #WithUs to commemorate International Women’s Day.Every year on March 8th, designated by the United Nations (UN) in 1975, is International Women's Day. Celebrating its 116th year this year, International
Hanjin announced on Jan. 26 that it will expand its overseas bases to a total of 42 this year to foster its global business.This year, Hanjin will establish 17 subsidiaries and a total of 42 bases in 22 countries including Thailand, Bangladesh, Morocco, and Hungary to build a logistics network conne
The government is set to implement a comprehensive plan for “smart cities” incorporating new technologies. The primary focus is accelerating the entry into foreign markets through the restructuring of the “K-City Network” project. This initiative aims to strengthen the global competitiveness of Kore
Iljin Electric disclosed on Jan. 16 that it secured a contract with Malaysia’s state-owned electricity utility, Tenaga Nasional Berhad (TNB), on Jan. 9. The US$36 million contract involves the supply of materials and connection construction for a 52.4 km, 275 kV high-voltage underground cable projec
South Korean passports took second place in the global passport power rankings. They moved up one spot from third place last year.The number of countries that give visa-free entry to Korean passport holders stood at 193, which means Korean passports claim second place, tied with Finland and Sweden,
The Incheon Port Authority (IPA) has announced that as of Dec. 22, the container traffic at Incheon Port has surpassed 3.35 million TEU and is projected to approach a total of 3.45 million TEU. This figure is expected to set a new record high.Notably, the export performance of used cars is anticipat
Daewoo E&C announced that its chairman, Jung Won-ju, visited Singapore on Nov. 27 and 28 to meet with the CEOs of Keppel Land and Capitaland Investment, subsidiaries of Temasek Holdings, one of the world’s largest sovereign wealth funds, to discuss collaborative opportunities in global real estate d
At HD Hyundai Heavy Industries’ Ulsan yard, the future of South Korea’s naval defense is being forged. The Republic of Korea Navy’s next-generation Aegis destroyer (KDX-III Batch-II) King Jeongjo the Great was successfully launched last July and is awaiting operational deployment. The lead ship in t
As the sole company with a comprehensive portfolio in the naval industry, Hanwha Ocean contributes to strengthening the Republic of Korea’s naval power by leveraging world-class vessel and submarine construction capabilities.Starting with the delivery of the patrol vessel “Anyang” to the Republic of
The European Union (EU) will boost global infrastructure projects to counter China’s Belt and Road Initiative.The EU will host the Global Gateway on Sept. 25 and 26. Leaders from more than 20 countries, including Bangladesh, Senegal, Namibia and Moldova, will attend the event, Bloomberg reported on
The inaugural Seoul Smart City Prize winners received their awards from the World Smart Sustainable Cities Organization (WeGO) during a ceremony at Dongdaemun Design Plaza on Monday, Sept. 25.Odense and Wellington were the top cities recognized, alongside the mayors of Dhaka South City Corporation a
In a collective move to fortify the digital skills pipeline, Huawei, the ASEAN Foundation, and the Southeast Asia Ministers of Education Organization (SEAMEO) today hosted the Seeds for the Future Summit 2023. Under the theme "Connect, Cultivate, Contribute for Inclusive Digital Talent Growth in Asi
The Korean government has secured the rights to negotiate a US$1 billion water supply project for an industrial park in Bangladesh.The Korean Ministry of Land, Infrastructure, and Transport and Korea Overseas Infrastructure & Urban Development Corporation (KIND) said on Aug. 21 that Bangladesh grant
According to industry sources on July 20, one of the most significant issues recently faced by Korean companies entering the Vietnamese market is power shortages. Concerns have been raised that chronic power supply problems, leading to frequent power outages, could hamper production.The power situat
The Korea National Railway announced on June 22 that it has secured the “High-speed Railway Design Services” contract from Centralny Port Komunikacyjny (CPK), Poland’s New Airport Corporation, for 43.2 billion won (US$36.5 million).This project marks the first entry of the Korea National Railway int
Korea Expressway Corporation announced that it donated educational equipment and school supplies worth 100 million won (US$75,788) to Bangladesh and Nepal for six days from April 5 to 10 with the global NGO Good Neighbors.The company promoted the project to strengthen friendly relations by returning
Huawei announced it has joined the UNESCO Global Alliance for Literacy (GAL) as part of the company's lead up to the Mobile World Congress 2023. The announcement was made at a Digital Talent Summit co-hosted by Huawei and the Institute for Lifelong Learning (UIL) which serves as the Secretariat
Hyundai Moviex, an affiliate of Hyundai Group, announced on Jan. 19 that it signed a contract with Sydney Metro of Australia on Dec. 22 last year to manufacture, supply and install platform screen doors (PSDs) and mechanical gap fillers (MGFs).The 35.7 billion won project involves the construction o
Huawei has signed a global commitment to join the International Telecommunication Union's Partner2Connect digital alliance, which will bring connectivity to about 120 million people in remote areas in more than 80 countries by 2025.Liang Hua, chairman of Huawei, announced the decision at the com