SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, today released its 2023 Environmental, Social and Governance (ESG) Report.This is the company’s second ESG Report following last year to fulfill its commitment to engaging in sustain
INMEDIC, a youth-led startup that promotes social inclusion of foreigners through increased access to local medical services, represented the Republic of Korea at the Regional Youth Co:Lab Summit 2023, jointly organized by Citi Foundation and the United Nations Development Programme (UNDP) in Bangko
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
Vietnamese authorities have initiated an investigation into the concert organizers of the girl group Blackpink’s world tour, which is set to stop by Hanoi on July 29. The investigation was prompted by suspicions raised over a map posted on the organizer’s website that showed a line similar to the “N
As Korean battery companies such as LG Energy Solution, Samsung SDI, and SK on head to the United States, they are faced with an unexpected problem –- the emergence of a local labor movement. They are pressuring Korean battery companies over wage negotiations. If the situation becomes prolonged, it
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
Kumho Tire has become the official tire partner of the prestigious Italian football club AC Milan, sealing a sponsorship agreement with a partnership ceremony at Casa Milan, AC Milan's headquarters.The partnership ceremony was attended by Jung Il-taek, CEO of Kumho Tire; Vice President of Sales
Bank of Korea Governor Lee Chang-yong had a surprise meeting with Pan Gongsheng, the current Chinese Communist Party Committee Secretary and head of the People's Bank of China (PBC) on July 3 ahead of U.S. Treasury Secretary Janet Yellen’s visit to China. The PBC actively publicized the meeting
It has been 30 years since Korea began hiring foreign workers in earnest with the introduction of the Industrial Trainee System in 1993, which was replaced by the employment permit system in 2004. But chaos is still lingering in the field.According to small and medium-sized enterprises (SMEs) on Jul
Samsung SDI announced on June 30 that it had obtained a carbon footprint certification from Carbon Trust.The Carbon Trust is an accreditation body established by the U.K. government in 2001 to address climate change and carbon reduction. It evaluates the greenhouse gas emissions produced throughout
Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of "GUIDE to the Intelligent World". This year, the company's activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business,
At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote outlining the value that 5G has generated throughout its first four years of commercial use.“5G is already well on its way to driving business success,” said Meng. “It's transfor
Hana Financial Group announced that they held an event to distribute school supplies to local students in areas affected by the super cyclone Mocha at the head office of Hana Microfinance Ltd., their local subsidiary located in Yangon, Myanmar.Through this initiative, Hana Microfinance prepared 500
Samsung Group, led by Chairman Lee Jae-yong, was found to be the top Korean company in four categories in 2022: total sales, operating profit, net profit, and employment size.Samsung Group officially passed a milestone of 400 trillion won in sales in 2022, according to the results of a 2022 Korean b
Samsung Chairman Lee Jae-yong, SK Chairman Chey Tae-won, Hyundai Motor Chung Eui-sun, and LG Chairman Koo Kwang-mo discussed bilateral cooperation on energy, biotechnology and future transportation in a meeting with French President Emmanuel Macron.The Korean business leaders met with President Macr
The South Korea-Iraq Joint Committee, which has been suspended for the past six years, is set to resume this year. The government plans to support Korean companies to secure large projects underway in areas such as Bismayah New City in Iraq.The Ministry of Land, Infrastructure, and Transport announc
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced its implementation of a wellbeing campaign for its employees in celebration of this year’s global ‘Responsib’ALL Day’ on 16th June.This day is part of Pernod Ricard’s global initiative Responsib’ALL
The Korean government has been deploying foreign workers to solve a labor shortage at shipyards in recent years, but it is causing some problems in the field.As thousands of foreign workers were hired by Korean shipbuilders in a short period of time, conflicts between existing workers and newly hire
The Korea Employers Federation announced on June 13 that Executive Vice Chairman Lee, representing the Korean business community, made a speech at the 111th International Labour Organization (ILO) Conference held in Geneva, Switzerland on June 12 (local time).Vice Chairman Lee stated, “Although the
LG is set to establish a new department to address global supply chain issues and other global policies.According to industry sources on June 12, LG is planning to establish a “Global Strategy Center” under the LG Business Development Institute as part of organizational restructuring next month.This