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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

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Companies

Sat, February 4, 2023 | 05:12

Korean startup incubator eyes Middle East market

Korean startup incubator eyes Middle East market

Huh Jea, founder and CEO of local startup incubating company N15 Partners, said Thursday that the company is seeking to support Korean startups to advance into the Middle East market. Huh was included in an economic delegation led by President Yoon Suk Yeol, who made his state visit to the United Arab Emirates (UAE) earlier this week.

2023-01-19 17:13

Operations resume at POSCO's flood-hit Pohang steel mill

Operations resume at POSCO's flood-hit Pohang steel mill

POSCO has completed the restoration of all 17 rolling mills at Pohang Steel mill and is scheduled to start normal operations, Friday, 135 days after temporarily closing due to flooding caused by Typhoon Hinnamnor last year, the steelmaker said Thursday. In order to resume operations, not only the employees of Pohang steel mill, but workers at Gwangyang steel mill, Seoul POSCO...

2023-01-19 17:05

Paris Baguette opens store in Malaysia

Paris Baguette opens store in Malaysia

SPC has opened its first Paris Baguette bakery cafe in Kuala Lumpur, six months after establishing a joint venture with local partner Berjaya Group to enter the Malaysian market, the company said Thursday. Korea's largest bakery operator plans to expand into the halal market of 1.9 billion people, including Southeast Asia and the Middle East, using its SPC Johor Bahru plant i...

2023-01-19 17:01

Advanced air mobility to be game-changer: transport minister

Advanced air mobility to be game-changer: transport minister

Minister of Land, Infrastructure and Transport Won Hee-ryong stressed that advanced air mobility (AAM) will be a game-changer for future urban transportation systems at the World Economic Forum (WEF) in Davos, Switzerland, the ministry said Thursday. He gave a keynote speech at the Aerospace Governors Meeting session on Wednesday, outlining his vision for facilitating AAM.

2023-01-19 16:35

Trade minister highlights role of nuclear energy in combating climate change

Former LG H&H CEO joins shareholder activism against KT&G

Former LG H&H CEO joins shareholder activism against KT&G

Former LG Household & Health Care (LG H&H) Vice Chairman and CEO Cha Suk-yong, who stepped down late last year after leading the cosmetics and household products maker for 18 years, was recommended as a new nonexecutive director of KT&G by an activist hedge fund, which is at odds with the tobacco product maker's management over the spin-off of Korea Ginseng Corp. (KGC).

2023-01-19 16:33

Trade minister highlights role of nuclear energy in combating climate change

Trade minister highlights role of nuclear energy in combating climate change

Trade Minister Ahn Duk-geun stressed the role of nuclear energy to navigate climate change, at the World Economic Forum 2023, also known as the Davos Forum, in Switzerland, according to the trade ministry, Thursday. At the Polish House discussion session, he reiterated that the global community should recognize the need to better utilize nuclear energy amid the energy crisis ...

2023-01-19 16:11

Advanced air mobility to be game-changer: transport minister

Hyundai Motor Group promotes Busan's bid for World Expo 2030 at Davos

Hyundai Motor Group promotes Busan's bid for World Expo 2030 at Davos

Hyundai Motor Group exhibited the Genesis X concept car during the “Korea Night” event held on the sidelines of the 2023 World Economic Forum (WEF), also known as the Davos Forum, the company said, Thursday. The company announced Wednesday (local time) that it displayed the luxury vehicle inside a transparent glass container that displayed the words “World Expo 2030 Busan, Ko...

2023-01-19 15:24

Home of Hankook Tire's chief raided in embezzlement probe

Home of Hankook Tire's chief raided in embezzlement probe

Prosecutors raided the home of Hankook Tire Technology's chief and other company places on Thursday as part of their ongoing investigation into embezzlement allegations.

2023-01-19 11:56

Yoon calls himself Korea Inc.'s 'No. 1 salesperson'

Yoon calls himself Korea Inc.'s 'No. 1 salesperson'

DAVOS - President Yoon Suk Yeol has been striving to attract foreign companies' investments and partnerships with Korean companies during his attendance at the World Economic Forum (WEF) in Davos, Switzerland, calling himself Korea's “No. 1 salesperson.” “I am the No. 1 salesman of Korea, and as a salesperson, I hosted today's luncheon in order to offer a good meal to global ...

2023-01-19 11:44

Yoon explores Korea's strategies for quantum technology

President vows Korea will play leading role in stabilizing global supply chain

Yoon rallies int'l support for 2030 World Expo bid

Yoon to urge world leaders to unite to fix supply chain, climate issues at Davos Forum

Global chip revenue up only 1.1% in 2022: report

Global chip revenue up only 1.1% in 2022: report

Global semiconductor revenue grew only around 1 percent on-year last year, a recent report showed Thursday, with the memory chip sector suffering the most.

2023-01-19 11:31

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Top 10 Stories

1	Teens feel peer pressure to buy luxury goods endorsed by K-pop stars

2	Itaewon tragedy's bereaved families harassed by far-right protesters

3	Plan to construct new memorial center for ex-president faces backlash

4	Too many emergency text alerts? Gov't to halt daily COVID-19 notifications

5	Able C&C sale attracts dozens of potential buyers

6	First lady expands presence in domestic politics

7	FSC OKs Apple Pay to be available in Korea

8	K bank decides to delay IPO plan

9	SEMICON Korea defies chip industry downturn

10	Gov't to provide $293 billion in trade financing to revitalize exports

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