The government has recently come up with a new plan for the promotion of the robot industry, aiming to invest over 3 trillion won (US$2.24 billion) in the public and private sectors by 2030 to deploy one million robots across various industrial and societal sectors.The Ministry of Trade, Industry, a
The top leading economic organizations of Korea and Japan met in Tokyo for the first time in four years, agreeing to strengthen cooperation in fostering startups in the two countries. They also agreed to establish trilateral economic cooperation between Korea, the United States, and Japan, and to wo
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Revu is the leader among domestic influencer marketing platforms. The firm has over 1.15mn domestic and international influencers (members) and a total of 59,000 clients (advertisers). It has
Hyundai Motor Company today presented its vision for a hydrogen-powered, software-driven transformation beyond mobility applications at CES 2024. Under the theme ‘Ease every way,’ the company held its Media Day at the Mandalay Bay Convention Center in Las Vegas to highlight its future blueprint for
The Korean government has earnestly taken steps to address the escalating population crisis, which has emerged as a significant social concern in the nation. More efforts will be made to bolster support for childbirth and the upbringing of infants and children, aimed at mitigating the population dec
"AI is All, FAST is Fast, Death of Linear TV, Content Format Shift, M&A, Advertising, Bundling"These are the keywords that will dominate the domestic and international media, broadcast communication, and entertainment technology markets in 2024.Direct MediaLab, The Core, and the Digital Industry Pol
Park Hyun-joo, chairman of Mirae Asset Group, has pledged to donate 25 percent of his stake in Mirae Asset Consulting to the Mirae Asset Hope Foundation to foster national talent.Mirae Asset Group announced on Jan. 2 that Park, the founder of the group, signed a donation agreement with the Mirae Ass
A plenary session of the National Assembly passed an amendment to the Capital Markets and Financial Investment Business Act, which will require large-scale stock transactions by insiders of listed companies to be disclosed in advance beginning from the second half of 2024.The Financial Services Comm
TakeOne Company (CEO Jung Minchae), a comprehensive content developer, announced that the cinematic adventure mobile game ‘NCT ZONE’ with the group NCT will be officially launched at noon on the 28th through the Apple App Store and Google Play Store.This is a game where you can enjoy new concept puz
In South Korea, the prolonged phenomenon of an “ultra-low birth rate” is threatening the sustainability of its population and the very foundation of national existence.A recent column in The New York Times, titled “Is South Korea Disappearing?,” has raised alarms about the speed of population declin
The rivalry in the advanced 2-nanometer (nm) semiconductor process among leading chipmakers from South Korea, Taiwan, and the United States is expected to intensify next year.According to industry reports on Dec. 25, global foundry leaders – Taiwan’s TSMC (first in the industry), South Korea’s Samsu
With its wit and freshness, Premium vodka ABSOLUT, which represents Pernod Ricard Korea Co. Ltd (Pernod Ricard Korea), has collaborated with the globally renowned design studio Sticky Monster Lab and Olly Alexander-an active composer, an actor, and the front man of the British Band Years&Years-and,
Coway Co., Ltd., the “Best Life Solution Company,” announced that it is on the ‘2023 Dow Jones Sustainability Asia Pacific Index (“DJSI Asia Pacific”)’ for the 11th consecutive year. Of the 609 evaluated companies worldwide, only 156, the top 25.6%, were selected, and only 36 companies from South Ko
A luncheon meeting of labor, management and government representatives was held at a Korean restaurant in Gwanghwamun, Seoul, on Dec. 14, according to the Ministry of Labor and Employment and Economic, Social and Labor Affairs Committee, a presidential social dialogue body. This marked the first tim
Fairmont Ambassador Seoul is pleased to announce its festive collaboration with Perrier-Jouët, culminating in the unveiling of an exquisite Christmas tree in the hotel lobby.Conceived with a radiant holiday concept, the tree is meticulously crafted using transparent champagne glasses as its central
S-OIL and the Korea National Council for Social Welfare (Chairman Kim Sung-i) presented the awards to eight hero firefighters, including the Best Hero Firefighter, and a combined 90 million won in cash prizes at the 2023 Hero Firefighters Award Ceremony held at the 63 Building in Seoul. S-OIL presen
Hyosung Advanced Materials has been newly included in the 2023 Dow Jones Sustainability Indices (DJSI) Korea.The DJSI is a global sustainability management assessment index published annually by S&P Global Switzerland, the world’s largest financial information provider.Companies incorporated into th
This year marks the 60th anniversary since the release of ramen in Korea, and its export revenue has exceeded 1 trillion won for the first time in history.According to the trade statistics from the Korea Customs Service on Dec. 10, the export revenue of ramen from January to October this year reache
Hite Jinro announced on Dec. 4 that it had opened a pop-up store called “Jinro Theme Store” in Hong Kong last October to celebrate the global integration of its soju brand JINRO. A video showcasing the venue was released on YouTube on Dec. 1.The pop-up store, located near the SOGO Department Store i
Kia has postponed a plan to introduce its EV9 GT line of large electric sport utility vehicles (SUVs) including Level 3 autonomous driving technology later this year, according to sources in the automotive industry. Level 3 autonomous driving means that a driver does not need to hold the steering wh