Volunteer employees from CBRE Korea, a global commercial real estate services company, provided meals on November 27 and 28 at the Seoul Senior Welfare Center in Jongno-gu as part of its CBRE Cares social contribution campaign. The initiative, undertaken by CBRE offices worldwide, aims to support lo
In 2024, 165,000 foreign workers will enter Korea on non-professional work visas (E-9). This will be the highest number ever. The industries they can work in will also be expanded to include restaurants, mining and forestry.The Ministry of Employment and Labor announced the decision in a meeting of
After 50 years of growth, POSCO is preparing for the next 50 years with its hydrogen reduction steel technology. The Korean steelmaker plans to finalize the commercialization of its HyREX technology by 2030 and convert its Pohang and Gwangyang steel plants to those based totally on the new steelmaki
Jusung Engineering, a semiconductor, display, and solar equipment company, has carved a mythical path in the barren land of domestic ventures. This year marks its 30th anniversary. Established in 1993, the company has experienced various challenges but has achieved remarkable growth through continuo
A race to host the 2030 World Expo is coming down to the wire. The Bureau International des Expositions (BIE) will hold a general assembly in Paris, France, on Nov. 28 (local time) to select the host country for the 2030 World Expo.Korea started its bid about one year later than its rivals such as S
Samsung Electronics has been ranked among the top five global brands for the fourth consecutive year.The Korean tech giant took fifth place in the world with a brand value of US$91.4 billion. This is a 4 percent jump from 2022, according to the Global 100 Brands released by Interbrand, a global bran
The export revenue of ramen, which celebrates its 60th anniversary this year, has surpassed 1 trillion won for the first time in history.According to trade statistics from the Korea Customs Service on Nov. 20, the export revenue of ramen for the first 10 months of this year reached US$785.25 million
The author is an analyst for NH Investment & Securities. He can be reached at bk@nhqv.com -- Ed.Although the Covid-19 pandemic has ended, it has impacted global policies and life patterns. Anti-globalization has accelerated, and the new Cold War has deepened, with regional wars erupting. While drama
Kolmar Korea Holdings has been recognized as a leading company in sustainable management in South Korea for the second consecutive year, owing to its achievements in environmental, social, and governance (ESG) management.The company announced on Nov. 16 that it was appointed to the 2024 Lead Group d
SK Geo Centric breaks ground on the world’s first integrated waste plastic recycling complex in Ulsan, opening a new chapter for South Korea’s circular economy. This world’s first factory is expected to enhance South Korea’s capabilities in tackling domestic environmental issues related to plastics
BASF, a globally leading battery materials producer, and SK On, a globally leading electric vehicle battery cell manufacturer, have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collab
Pernod Ricard Korea, the Korean division of the global wine and spirits company Pernod Ricard, has demonstrated as one of the top 3 finalists in the ‘Golden Stars’ category and received the certificate at the ECCK Sustainability Awards 2023 organized by the European Chamber of Commerce in Korea.The
La French Tech Seoul, in collaboration with the French-Korean Chamber of Commerce and Industry (FKCCI), successfully concluded the Tech4Good Tour 2023 in Seoul on the 10th, following a week-long exploration of the Korean market with a delegation of innovative startups and SMEs from France. The trans
HYOSUNG TNC has significantly advanced, obtaining an AA rating in the Morgan Stanley Capital International (MSCI) Environmental, Social, and Governance (ESG) assessment, a notable improvement from its previous position.The MSCI ESG Ratings are a globally acknowledged benchmark used by leading corpor
SK Group Chairman Chey Tae-won recently commented on his relationship with ex-wife No So-young, the director of Art Center Nabi, stating, “Our marital relationship had completely collapsed well before I met someone new. For years, we were only nominally a couple, living as strangers with nothing but
The Ministry of Trade, Industry and Energy (MOTIE) and the Ministry of Justice (MOJ) announced on Nov. 7 that a total of 14,359 production workers were injected into the Korean shipbuilding industry through the first three quarters of this year. The workers included Korean workers, foreign specializ
S-OIL announced on Nov. 7 that it has received an A+ rating in this year’s ESG Comprehensive Assessment conducted by the Korea Institute of Corporate Governance and Sustainability (KCGS), the country’s leading environmental, social and governance (ESG) rating organization.S-OIL simultaneously operat
Coway Co., Ltd., the “Best Life Solution Company,” announced that it has achieved an A grade in the 2023 ESG overall ratings hosted by the Korea Institute of Corporate Governance and Sustainability (KCGS). This marks a notable improvement from the previous year's B+.The Korea Institute of Corporate
For more than 60 years, Korea had not made it to U.S. Billboard charts, but starting with Psy’s Gangnam Style in 2012, K-pop’s presence on the charts has been growing with BTS, BlackPink, and Nujins making their splashes.As K-pop’s status has changed, so has the number of foreigners visiting Korea.
A large number of young venture startup CEOs in their 30s and 40s believe that the current inheritance tax should be abolished or lowered, according to a survey.On Oct. 29, the Korea Enterprises Federation (KEF) conducted a survey on the perception of Korea’s inheritance tax system among 140 venture