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Biz & Tech

Manufacturing

Wed, September 18, 2019 | 06:19

Korea strips Japan of preferred trade partner status

Korea has removed Japan from its “whitelist” of countries receiving preferential status in the trading of strategic items, the government said Wednesday.

Nam Hyun-woo | 2019-09-18 00:01

Samsung heir visits Saudi Arabia to check on affiliates

Samsung Electronics Vice Chairman Lee Jae-yong visited Saudi Arabia during the Chuseok holiday to check on the group's construction site there and find new business opportunities, according to the group Sunday.

Baek Byung-yeul | 2019-09-15 17:23

Korean battery firms worried over 'brain drain'

Korean battery companies are struggling with a brain drain as European and Chinese firms are scouting experts, offering paychecks at least two to four times their salaries here in an attempt to boost their knowhow in developing batteries for electric vehicles (EVs), industry officials said Sunday.

Baek Byung-yeul | 2019-09-15 17:21

Chuseok offers no break for business tycoons

Korea is entering the four-day Chuseok long weekend, but chaebol leaders are expected to remain restless, as an aggravating business environment, trade uncertainties and a number of other thorny issues are lingering over their corporate empires, according to industry officials Wednesday.

Nam Hyun-woo | 2019-09-11 15:12

Hyundai Motor Group develops wearable robot

Hyundai Motor Group has developed a wearable robot called Vest Exoskeleton (VEX) to help workers who perform overhead tasks for long hours, the company said Wednesday.

Kwak Yeon-soo | 2019-09-04 16:06

Hyundai Steel launches 'steel learning' program for youngsters

Hyundai Steel has launched a steel learning program for children at an indoor playground in Seoul, the steelmaking arm of Hyundai Motor Group said Monday.

Baek Byung-yeul | 2019-09-02 17:06

Taekwondo Peace Corps completes summer volunteer work

The World Taekwondo Peace Corps Foundation, led by Booyoung Group Chairman Lee Joong-keun, held a disbanding ceremony for its summer volunteer program that took place in seven countries, the state-funded organization said Monday.

Baek Byung-yeul | 2019-09-02 17:06

Seoul set to remove Japan from 'whitelist' this month

Korea will drop Japan from its “whitelist” of trusted trade partners by the end of this month in the latest move to counter Tokyo's export restrictions on high-tech materials and removal of Korea from its own whitelist, according to the trade ministry, Sunday.

Baek Byung-yeul | 2019-09-01 17:07

'Japan should swiftly restore ties with South Korea' [VIDEO]

KORAIL to inject $7.1 bil. to replace aging equipment

The Korea Railroad Corporation (KORAIL) will inject 8.7 trillion won ($7.1 billion) over the next five years to replace aging facilities as part of efforts to prevent accidents, the operator of the country's KTX bullet train service said Sunday.

Kwak Yeon-soo | 2019-09-01 17:05

Orsted wants part of Korea's offshore wind power biz

Danish state-run energy company Orsted is pursuing more offshore wind power business opportunities here to take advantage of Korea's fledging renewable energy industry, the company said Thursday.

Baek Byung-yeul | 2019-08-29 17:07

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