There is a prospect that a new era will open in three years where the entire population of 50 million people across the nation can receive anything with a day of ordering it with free shipping.On March 27, Coupang announced its intention to expand its Rocket Delivery service to encompass the majorit
Governor Kim Jin-tae addressed the plenary session of the 325th Extraordinary Session of the Gangwon State Council on the 14th, delivering a New Year's speech. He expressed, "The recently discussed 4-day workweek will be a significant opportunity for the state," and asserted his determination to "th
The Ministry of SMEs and Startups (MSS) is actively moving forward with the designation of new global innovation districts this year. Simultaneously, it is focusing its efforts on strengthening global collaboration programs to foster the venture ecosystem. The ministry plans to strengthen support fo
The Large Language Model (LLM) developed by MOREH, an AI infrastructure solution company, ranked first globally with a high score of 77.29 points in the ‘Open LLM Leaderboard’ evaluation run by Hugging Face, the world’s largest machine learning platform.'Open LLM Leaderboard' is a development platfo
Chairman Seo Jung-jin of Celltrion Group has revealed plans to list the holding company, Celltrion Holdings, on the NASDAQ in the United States.According to the industry sources on Jan. 15, Chairman Seo, who owns 98.5% of Celltrion Holdings, announced these plans while speaking at the Korean Busines
As global demand for offshore wind power continues to grow, the associated submarine cable market is also rapidly expanding.According to industry sources on Sept. 8, the Taiwanese government has begun the selection process for development companies related to offshore wind power projects for 2028-20
POSCO International has successfully exported a swine pneumonia vaccine to NAVETCO, Vietnam’s largest animal vaccine company. The exported product, named “InnoMHP,” was developed by the Korean startup INNOVAC and is enough to be administered to approximately 100,000 pigs.INNOVAC, established in 2016
Seoul, Korea, August 16, 2023 – The fourth round of ‘Lamborghini Super Trofeo Asia Series’, sponsored and supplied by Hankook Tire & Technology (Hankook Tire) and hosted by Italian supercar brand Automobili Lamborghini S.p.A, opens at the Inje Speedium in Gangwon State on August 18th and 19th.This r
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.With the number of apartment units up for pre-sale in 1H23 arriving at the lowest level since 2010, unsold apartment number has slid. In terms of undersubscription ratio, however, the 1H23 figure
The POSCO branch of the Korean Metal Workers’ Union under the Korean Confederation of Trade Unions (KCTU) has withdrawn from its parent organization and become the Independent POSCO Labor Union.“We received a notification certificate on our new labor union from the Ministry of Employment and Labor,”
On May 25, Mirae Asset Global Investments announced that they hosted the ETF Rally 2023 in Seoul and Hongcheon, Gangwon Province, from May 22 to 24.The ETF Rally served as a forum for Mirae Asset Global Investments ETF employees from around the world to gather, share insights into the global ETF bus
Hyundai Mobis is set to introduce M.Brain, a new brainwave-based technology for vehicles and healthcare, to be utilized for child psychological counseling.Hyundai Mobis announced on May 17 that it had improved the design and wearability of M.Brain, a driver inattentiveness monitoring system using br
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed.Dental implant monthly exports hit new record heights in December. Expectations toward exports this year are strengthening thanks both to the elimination of uncertainties in China’s VBP and demand gro
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on Jan. 9 that it will recruit participants in the February class for its sustainable bar operation training program ‘Bar World of Tomorrow’.The program is a one-day session that is held for a day an
The ongoing general strikes of the Korean Confederation of Trade Unions (KCTU) are to defeat the government by holding hostage the national economy on the precipice.The leftist KCTU is threatening to mobilize 450,000 unionized workers until the end of this year. 104,000 public transportation workers
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on Nov. 16 that it will work hand in hand with its wholesalers to recruit participants in the December class for its sustainable bar operation training program ‘Bar World of Tomorrow,’ which has been
The Korea Financial Investment Association announced on Nov. 1 that the total bond trading value was 354 trillion won last month, down 77 trillion won from the previous month and down 100 trillion won from a year ago.The trading value fell below 400 trillion won for the first time since January 2009
Global luxury resort brand Capella Hotels & Resorts broke ground for Capella Yang Yang, its first luxury beach resort in Korea, at Songjeon Beach in Yangyang County, Gangwon Province, on Oct. 27.Some 500 people attended the groundbreaking ceremony, including Kim Jin-ha Kim, governor of Yangyang, Kim
Yeonsu-gu, Incheon City announced on Sept. 14 that the 10th Yeonsu Neungheodae Culture Festival would take place offline on Sept. 30 and Oct. 1. In 2019 to 2021, the event could not take place due to African swine flu and COVID-19. The event venues are the Songdo Moonlight and Neungheodae Parks.This
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on Sept. 2 that it will recruit new participants of October class for its sustainable bar operation training program ‘Bar World of Tomorrow,’ which has been in operation since January.The Bar World o