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The Korea Times

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Asia

The Korea Times

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Wed, March 29, 2023 | 16:01

Hyundai Elevator vies to win orders from Indonesia's smart city project

Hyundai Elevator vies to win orders from Indonesia's smart city project

Hyundai Elevator will visit Indonesia as a member of “One Team Korea,” led by the Ministry of Land, Infrastructure and Transport, to participate in a bid to win orders for smart city projects, the company said Wednesday. Indonesia is currently working on relocating its capital from Jakarta to Nusantara on Kalimantan Island, due to serious issues of population concentration an...

2023-03-15 16:14

EV Trend Korea 2023 showcases latest cars, infrastructure

EV Trend Korea 2023 showcases latest cars, infrastructure

EV Trend Korea 2023, the country's representative eco-friendly vehicle exhibition, kicked off, Wednesday, at COEX in southern Seoul for a three-day run showcasing the latest electric vehicles (EVs) and equipment. The exhibition celebrates its sixth year hosted by the Ministry of Environment, sponsored by the Seoul Metropolitan Government and co-hosted by COEX and the Korea Ba...

2023-03-15 16:13

Talks ongoing with GM for potential battery partnership: Samsung SDI CEO

Talks ongoing with GM for potential battery partnership: Samsung SDI CEO

Samsung SDI has been in talks with General Motors for a potential business collaboration, although no details have materialized yet, its chief said Wednesday.

2023-03-15 16:01

LG Innotek CEO receives Gold Tower Industrial Service Merit

LG Innotek CEO receives Gold Tower Industrial Service Merit

Jeong Cheol-dong, president and CEO of LG Innotek, won the Gold Tower Order of Industrial Service Merit given by the government to those who made significant contributions to the development of the country's economy, according to the company, Wednesday. The Gold Tower Order of Industrial Service Merit is the highest among the five orders and is given to leaders of companies t...

2023-03-15 15:58

Samsung to invest $46.2 billion over next decade for regional growth

Samsung to invest $46.2 billion over next decade for regional growth

Samsung Electronics and other affiliates of Samsung Group will invest a total of 60.1 trillion won ($46.2 billion) over the next 10 years in the Chungcheong, Gyeongsang and Jeolla regions to support the balanced regional development of local industries, the nation's top conglomerate said Wednesday.

2023-03-15 15:54

Korea to build $229 bil. mega chip cluster in Seoul metro area by 2042

POSCO donates $3 million to compensation fund for victims of Japan's forced labor

POSCO donates $3 million to compensation fund for victims of Japan's forced labor

POSCO announced Wednesday that it has decided to “voluntarily” donate an additional 4 billion won ($3 million) to the Foundation for Victims of Forced Mobilization by Imperial Japan, based ...

2023-03-15 15:32

Korea Ginseng opens RD center in US

Korea Ginseng opens RD center in US

Korea Ginseng Corp. (KGC), Korea's leading ginseng products maker, said Wednesday it has opened a research and development center in the United States, as it hopes to make further inroads into the world's largest market.

2023-03-15 15:00

HD Hyundai chairman wins Gold Tower Order of Industrial Service Merit

HD Hyundai chairman wins Gold Tower Order of Industrial Service Merit

HD Hyundai Chairman Kwon Oh-gap received the Gold Tower Order of Industrial Service Merit during a ceremony for Commerce & Industry Day on Wednesday, as he was recognized for his continuous efforts to foster Korea's shipbuilding industry and increase social contributions.

2023-03-15 14:00

POSCO to donate additional $3.1 million for compensation of forced labor victims

POSCO to donate additional $3.1 million for compensation of forced labor victims

POSCO Holdings, the country's leading steelmaker, said Wednesday it has decided to donate 4 billion won ($3.1 million) to support a plan floated by the Korean government to compensate the victims of forced labor under Japan's 1910-1945 occupation.

2023-03-15 11:38

Restaurant owners reduce side dishes amid soaring vegetable prices

Restaurant owners reduce side dishes amid soaring vegetable prices

A 32-year-old office worker surnamed Jang is surprised to see how many restaurants near his company have been reducing the number of side dishes they offer. “I used to get three or four side dishes before, but these days, I only get one or two.

2023-03-15 08:17

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Top 10 Stories

1	Revised Japanese textbooks distort wartime forced labor, catching Korea off guard

2	Clock ticks for China's massive repatriation of N. Korean defectors

3	Gold price nears all-time high amid financial jitters

4	Ramsar wetland in Han River cleaned up for protected birdlife

5	BMW launches new XM

6	Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson

7	CJ CheilJedang sees chicken as next big seller after frozen dumpling

8	North Korea unveils tactical nuclear warheads

9	2024 budget to focus on tackling low birthrate

10	Jeju seaways get busy with cruise ships, new trade route to Qingdao

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