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The Korea Herald

Industrials

July 11, 2024
Korean builders association explores new opportunities in Vietnam

On the same day, the delegation also met with Le Ngoc Lam, manager of the Bank for Investment and Development of Vietnam, to establish relations with the bank and enhance cooperation with local financial institutions for overseas construction projects. Additionally, they met with Pham Ngoc Thanh, c...
July 11, 2024
Korea Post joins efforts to revitalize international postal service

Korea Post announced Wednesday that it took part in the Kahala Posts Group CEO meeting held in Bangkok, Thailand, to tighten cooperation aimed at revitalizing international postal services. The Kahala Posts Group is an international alliance of leading postal services from the Asia-Pacific region....
July 11, 2024
Zyx Technology launches CAD application program Works globally

South Korean design software developer Zyx Technology has globally launched its proprietary computer-aided design (CAD) application program, Works. Works offers approximately 270 utility functions tailored to various industries utilizing CAD. CAD is a computer program that generates two- or three-...
July 10, 2024
Baskin Robbins to debut AI-infused tropical flavor

SPC Group, the Korean operator of Baskin Robbins, said Wednesday that it is set to launch a new ice cream flavor co-developed by Google’s artificial intelligence model Gemini. The new flavor, named Tropical Summer Play, is Baskin Robbins’ first attempt globally to use AI to create an ice cream f...
July 09, 2024
GS Entec commits W300b to offshore wind power business

By Kim Hae-yeon ( hykim@heraldcorp.com )
July 09, 2024
HD Korea Shipbuilding launches translation service for foreign workers

HD Korea Shipbuilding & Offshore Engineering said Tuesday that it developed an artificial intelligence translation technology to support foreign workers. According to the company, the service named AI Agent was developed using generative AI technology and has been implemented at the HD Hyundai Sam...
July 09, 2024
Posco International completes LNG terminal project in Gwangyang

Posco International announced Tuesday the comprehensive completion of its first LNG Terminal in Gwangyang, South Jeolla Province. The construction of the Gwangyang LNG Terminal, comprising six storage tanks, was a major infrastructure project that took nearly 20 years and cost 1.04 trillion won ($...
July 08, 2024
Kyobo Life ventures into asset trusts

Kyobo Life Insurance is stepping into the asset trusts business, marking the latest milestone in its evolution to become a comprehensive asset management company. Kyobo Life, a major South Korean life insurer, announced Monday it recently secured a license in the asset trusts business from the Fin...
July 08, 2024
JobKorea launches Klik app for foreign job seekers

JobKorea, a job search platform, said Monday it has launched a separate job search app specifically for foreign national residents, Klik, an acronym for "kick-start life in Korea." This service is intended for residents of foreign nationality in South Korea to find jobs and for domestic companies ...
July 08, 2024
SKT, Singapore’s Singtel team up for AI-driven network innovation

SK Telecom announced Monday that it signed a memorandum of understanding with Singtel, Singapore’s largest telecommunications operator, for collaboration on next-generation network technologies. SKT stated that this partnership with Singtel aims to drive AI innovation in the telecom sector and le...
July 08, 2024
KT&G CEO stresses open workplace culture

KT&G CEO Bang Kyung-man marked his 100th day in office on Monday by sharing his ambitions for higher performance by fostering a horizontal corporate culture that encourages open communication among employees. "In order to achieve sustainable growth, we need an organizational culture that inspires ...
July 08, 2024
Coupang to raise membership fee from Aug. 7

Korean e-commerce giant Coupang said Monday it will raise its membership fee for existing members from 4,990 won ($3.60) to 7,890 won starting Aug. 7, prompting mixed expectations about the impact of the fee hike. This move follows Coupang’s decision to increase its membership fees for new member...
July 07, 2024
SK chief inspects chip materials, biopharma affiliates in US

SK Group Chairman Chey Tae-won inspected US business operations of chip materials and biopharma affiliates, the group's top decision-making body SK Supex Council said Sunday. Currently, Chey is staying in the US to oversee the group's business operations and meet with business partners. Since the ...
July 05, 2024
Hyosung's estranged son donates inheritance, seeks to end family feud

During the press conference, Hyun-moon expressed his desire to end this conflict with his brothers. "I want to resolve the disputes with my brothers and work toward reconciliation, inspired by my father’s wishes. I’m ready to forgive the wrongs done to me," he said. He also stressed his intentio...
July 05, 2024
Genesis BBQ chairman shares K-chicken business stories at AIB conference

Established in 1959, this year's AIB conference saw participation from experts across 97 countries, including Peter Liesch, president of the AIB and professor at The University of Queensland and Gary Knight, the incoming president-elect and professor at Willamette University. At the conference hel...

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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