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Reporter : Kim Hyun-bin
Tue, February 27, 2024 | 10:21
Korea, Japan agree to cooperate more on finance, energy, startups
Korean and Japanese business leaders came together to address global issues and highlight future industrial cooperation between the two countries. The Federation of Korean Industries (FKI) and the Japan Business Federation (Keidanren) jointly held the Korea-Japan Industrial Cooperation Forum at the FKI Conference Center in Seoul, Thursday.
Will Samsung, SK, Hyundai Motor, LG rejoin FKI?
Korea's top four business groups have drawn attention over whether they will rejoin the Federation of Korean Industries (FKI) as it moves to change its name and reorganize its structure in a bid to reclaim its lost status as the nation's leading business lobby, according to industry ...
POSCO International to help SMEs enter overseas market
POSCO International hosted an export voucher consultation meeting with the Korea SMEs and Startups Agency in Bangkok, Thailand, Wednesday. The export voucher system is a program that provides marketing services to support SMEs' overseas market entry, according to the company, Wednesday.
Naver seeks to win Saudi megaprojects
Naver has its sights on Saudi Arabia where megaprojects could utilize the emerging technologies and expertise of the Korean tech giant, according to industry officials, Monday.
[INTERVIEW]Genesis enhances brand image, recognition through golf
Hyundai Motor Group has been pushing to enhance the image and recognition of its luxury brand Genesis in the global market. As part of such efforts, the automaker has been sponsoring major international golf tournaments. Song Min-kyu, global head of Genesis, said in an interview with The Korea Times, Wednesday, that the prestigious sports events were selected to promote the a...
SK Square, SK hynix to invest in semiconductor startups in US, Japan
SK Square and SK hynix are seeking to invest in semiconductor materials, components and equipment in the U.S. and Japan, according to SK officials, Tuesday.
HD Hyundai, LS, Hyosung vie to secure upper hand in US electric transformer market
Demand for industrial transformers in North America has surged, providing a boost for the Korean transformer equipment industry and triggering competition for clients among local electric equipment companies, according to industry officials, Friday.
Brokerages raise outlooks for Hyundai Motor, Kia stocks
Hyundai Motor and Kia are forecast to announce strong earnings results in the second quarter of this year on the back of robust sales in North America, prompting securities firms to the raise target prices of those carmakers, Monday.
Korean tech firms launch AI promotion council
Korean artificial intelligence (AI) firms launched an AI cooperation council to better grasp the lead in the fast-changing sector, according to government and industry officials, Thursday. Minister of Science and ICT Lee Jong-ho attended the inaugural ceremony of the Super AI Promotion Council held Thursday at Naver 1784 in Seongnam, Gyeonggi Province.
KT&G receives highest credit rating of AAA
Tobacco and ginseng products maker KT&G received the highest credit rating of AAA from three major domestic rating agencies. That rating excludes financial and telecommunications companies. Korea Ratings, Korea Credit Rating and NICE Credit Rating announced the AAA rating, Sunday. Among private non-financial and non-telecommunications companies in Korea, KT&G is the sole enti...
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