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The Korea Herald

Industrials

September 02, 2024
Forum envisions closer Korea-Mongolia partnership

From rare minerals and smart city projects to cultural collaborations, South Korea and Mongolia have ample avenues to build mutually beneficial partnerships, leaders of the two countries stressed at a recent forum in Ulaanbaatar. At the Korea-Mongolia Vision Forum, held at the Novotel in the Mongo...
September 01, 2024
Daewoo E&C chairman calls for enhanced Korea-Mongolia cooperation

Daewoo Engineering & Construction Chairman Jung Won-ju, who doubles chairman of Herald Corp., expressed his hopes for the South Korean government to join in strengthening cooperation with Mongolia. “In Daewoo’s latest success in a bid for a nuclear power plant in the Czech Republic, the South Ko...
September 01, 2024
S-Oil powers Korean Air flight with local eco-friendly fuel

S-Oil will begin supplying domestically produced sustainable aviation fuel to Korean Air’s flights between Incheon International Airport and Tokyo’s Haneda Airport once a week, the company said Sunday, becoming the first refiner in South Korea to provide SAF for regular international passenger fl...
September 01, 2024
HD Hyundai Oilbank ramps up R&D efforts for green growth

HD Hyundai Oilbank, one of the nation’s top refiners, is ramping up research and development efforts to spur growth as a sustainable energy company. Based on its business know-how accumulated in its core refinery and petrochemical businesses, the company is making a strategic shift to boost its n...
August 30, 2024
HiteJinro sponsors leading UK music fest, boosts soju presence in Europe

By Kim Hae-yeon ( hykim@heraldcorp.com )
August 30, 2024
KFCC puts aside W1.4tr for risk management in H1

The Korean Federation of Community Credit Cooperatives, the nation's primary mutual financial institution, also known as Saemaul Geumgo, announced Friday it has set aside 1.4 trillion won ($1.05 billion) in reserve in the first half of 2024 to ensure the financial stability of the credit union. Th...
August 30, 2024
Doosan scraps controversial Robotics-Bobcat merger plan

Doosan Group has officially scrapped its merger plan between Doosan Robotics and Doosan Bobcat, following shareholder opposition and regulatory pressure. However, the group still intends to move forward with its broader strategy to integrate Bobcat under Robotics in a bid to achieve synergy across ...
August 29, 2024
MG Community Credit Cooperatives upgrades HR system

South Korean mutual financial institution MG Community Credit Cooperatives said Thursday it has made efforts to improve its organizational culture by offering consulting services on labor and employment matters to its employees since last year. In the project, called MG Blue Wave, MG aims to exami...
August 29, 2024
Korean minister, AmCham head hope to deepen economic ties

Industry Minister Ahn Duk-geun called the US “the most important ally and rival” to South Korea on Thursday while introducing the government's key initiatives to bolster US-Korea trade and investment at a conference hosted by the American Chamber of Commerce in Korea. “Korea is establishing a s...
August 29, 2024
Posco unveils lightweight steel pad for vertiports

Posco said Thursday that it has introduced a lightweight steel takeoff and landing pad, specifically designed for vertiports on buildings. This new vertiport landing pad is constructed from a foam deck formed by thinly shaped steel plates, making it over 60 percent lighter than traditional landing...
August 29, 2024
Posco International receives first credit rating from S&P, Moody's

Posco International, the trading arm of Posco Group, announced Thursday that it received its first credit rating from global credit rating agencies Standard & Poor's and Moody's on Tuesday. Posco International was assigned a rating of BBB+ by S&P and Baa2 by Moody's, with both agencies providing a...
August 29, 2024
Hanwha Ocean scores Korea’s 1st US warship maintenance deal

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
August 29, 2024
GS Group establishes cultural foundation to boost art

South Korean energy, retail and construction conglomerate GS Group announced Thursday that it has officially launched the GS Cultural Foundation, a move aimed at enriching the nation's cultural and artistic landscape. Chaired by GS Group Chairman Huh Tae-soo, the board comprises prominent figures ...
August 29, 2024
LG Chem opens CS center in Ohio

LG Chem, South Korea’s leading chemicals company, announced on Thursday the official opening of its new Customer Solution Center in Ravenna, Ohio, as part of its strategy to expand its presence in North America. The 8,300-square-meter, three-story facility is designed to provide comprehensive tec...
August 29, 2024
Dong-A Pharm's eye supplement for kids releases new flavor

South Korean drugmaker Dong-A Pharmaceutical said Thursday the company launched a new flavor of eye health supplement containing perilla herb for kids -- Minimax LAB Eyes Solution. According to a study released in 2017, researchers found that Perilla frutescens reduce near point of convergence val...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099