Smart sustainable cities need to ensure that vulnerable populations are not left behind in the drive for technological progress, international child protection and sustainable development expert Joanna Rubinstein said Tuesday.Addressing a gathering of international mayors of the World Smart Sustaina
Chey Tae-won, chairman of SK Group, visited the Yongin Semiconductor Cluster construction site in Yongin City, Gyeonggi Province, on Sept. 15 and described it as “the most strategic and planned project in SK hynix’s history.” SK hynix had previously decided to invest 120 trillion won in 2019 to buil
South Korea has taken the first step toward injecting US$2.3 billion into Ukraine’s reconstruction.The Ministry of Land, Infrastructure and Transport (MOLIT) of South Korea organized the first public-private Ukraine Reconstruction Cooperation Delegation and sent the delegation to Ukraine’s capital c
As the power struggle between the U.S. and China continues, recent moves by Middle Eastern countries, long-standing allies and the largest weapon importers from the U.S., are noteworthy.According to industry sources and foreign media on Sept. 9, Saudi Arabia, Qatar, Kuwait, and the United Arab Emira
As South Korean President Yoon Suk-yeol embarks on a tour of Indonesia and India Sept. 5-10, much attention is being paid to the South Korean defense industry’s issues with Indonesia and India. Indonesia is a major defense export destination with which South Korea has close military ties, although t
LG Electronics, which has declared itself to be a smart life solutions company as its future vision, has unveiled a strategy to realize its vision in its electronics business following its home appliance business. Centering on a future mobility customer experience theme developed based on customer r
It has been revealed that major defense companies in South Korea achieved one-third of their total revenue through exports in the first half of this year. Following export contracts with countries like Poland last year, actual product deliveries have commenced this year, contributing to the increase
Negative views of China grew among people in high-income countries, a survey has found. In the United States, Japan, and Australia, the percentage of respondents with negative views of China exceeded 80 percent. In South Korea, it was more than 10 percentage points higher than when the survey was co
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the company’s CEO, Jaeyong Ahn has virtually participated as a panelist in the academic workshop session of ‘Pandemic Product Research and Development: Insights from P
President Yoon Suk-yeol attended a series of bilateral meetings with 13 national leaders during the NATO summit held in Vilnius, Lithuania on July 11 and 12 (local time). The discussions aimed to strengthen the supply chains of advanced industries such as semiconductors, electric vehicles, batteries
The following article was written by James Tosdevin, a teacher and the Senior School Global Citizenship and Sustainability Lead at Dulwich College Seoul.From one extreme weather event to another, we are constantly reminded that the climate crisis is real and that we need to act immediately. One of h
India has previously been heavily dependent on Russian arms. But now the nation has emerged as a new export destination for the Korean defense industry.According to industry sources on July 4, Hanwha Aerospace plans to participate in the Indian Army’s Future Infantry Combat Vehicle (FICV) Project. T
The author is an analyst at NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Battlegrounds Mobile India (BGMI) service has restarted, and Krafton’s Battlegrounds IP should maintain steady sales with the help of various events (including Esports tournaments) in 2H23. Despite
Korea Hydro & Nuclear Power (KHNP, President Hwang Ju-ho) signed a memorandum of understanding (MOU) on June 22 with Tran Chi Thanh, president of the Vietnam Atomic Energy Institute (VinAtom) in Hanoi, Vietnam to enhance cooperation in the field of nuclear energy and Small Modular Reactors (SMR).The
SK Group announced on June 22 that they are backing a project to build a memorial in commemoration of the 70th anniversary of the Korea-U.S. alliance. The memorial will honor the late Colonel William E. Weber and General John Kirk Singlaub, both renowned figures of the alliance and heroes of the Kor
Tony Blinken, the U.S. Secretary of State who is currently visiting China, has announced that he met with President Xi Jinping of China and reached an agreement on the stabilization of U.S.-China relations.From June 18 to 19, Secretary Blinken had a two-day schedule during which he sequentially met
The Export-Import Bank of Korea (Korea Eximbank) is extending financing for SK E&S’s Barossa Gas Field in Australia. The move will ease financial burdens on SK E&S, which has seen some of its licenses suspended due to conflicts with Aboriginal Australians.Korea Eximbank decided on May 31 to extend U
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Krafton logged solid 1Q23 earnings on peak-season effects, but as off-seasonality enters, sales will likely stabilize, and the lack of new game momentum will stand out. In the near term, BGMI serv
The world has a plastic problem. This was the clear realization that drove Konrad Becker and his three co-founders in 2021 to establish Would You Love (WYL), a Seoul-based startup with a mission to make the world more sustainable. Motivated by reports that Korea was responsible for some of the world
South Korean defense companies are distinguishing themselves in the global market. Their annual exports were around US$3 billion in the 2010s but exceeded US$7.2 billion in 2021 and US$17 billion in 2022. They are aiming at US$20 billion this year.They are exporting more items to more destinations i