Exports of materials, parts and equipment hit fresh high in Jan-July
SEOUL, South Korea’s exports of industrial materials, parts and equipment set a new record in the first seven months of 2021, data showed Wednesday, on the back of the country’s…
September 8, 2021
S. Korean companies go big on future of hydrogen
SEOUL, Major South Korean companies are betting big on hydrogen across sectors as they strive to shift from carbon-intensive businesses to a more sustainable model and capture new opportunities in…
Less-crowded, outdoor travel destinations more preferred this year amid pandemic: report
SEOUL, Preference for traveling to less crowded or outdoor destinations has grown this year in South Korea amid the ongoing coronavirus pandemic, a report showed Wednesday. The Korea Culture &…
2 foreign automakers fined 1.06 bln won over false ad
SEOUL, South Korea’s antitrust regulator said Wednesday it has decided to fine local branches of two foreign automakers a combined 1.06 billion won (US$913,400) for their falsified advertisement over gas…
Construction orders rise at fastest pace in 5 years last year
SEOUL, Construction orders clinched by South Korean builders grew at the fastest pace in five years in 2020 on the back of an increase in overseas projects planned as economic…
Major Korean conglomerates join forces on hydrogen economy
SEOUL, The heads of South Korea’s major conglomerates on Wednesday launched a business council to foster hydrogen as a clean energy source and expand its value chain. A total of…