search close
Reporter : Kim Jae-heun
Mon, May 29, 2023 | 19:10
LG CNS launches blockchain-based mobile ID service
LG CNS, a local digital transformation (DX) company, officially launched its DDIDID mobile identification service that applies blockchain technology and started providing it to its employees, the company said Tuesday.
AmorePacific Group, AmorePacific appoint new CEOs
AmorePacific Group has appointed the new CEOs of its holding company and flagship affiliate, the company said, Monday. The current CEO of AmorePacific Group, Kim Seung-hwan, will head the group's cosmetics company, AmorePacific, and oversee all of its projects. In addition, AmorePacific Executive Vice President Lee Sang-mok will take over Kim's previous position as AmorePacif...
KIDP hosts Design Demo Day to support social enterprise
The Ministry of Trade, Industry and Energy (MOTIE) and the Korea Institute of Design Promotion (KIDP) held an event called Social Design Day at Myeong-dong Community House and On Dream Society last Wednesday to share the business results of the Social Enterprise Design Project and attract funding for social enterprise organizations. Social enterprise organizations are compani...
Popeyes' return to heat up competition among multinational franchises
American fried chicken franchise Popeyes is set to open a new store in southern Seoul next week, spicing up the competition between global chicken and burger restaurant chains here, according to industry officials, Friday. Silla, a deep-sea fishing company, said it signed a master franchise agreement with Restaurant Brands International to bring back the Louisiana-style chick...
LS C&S wins $153 mil. contract to supply undersea cables to Taiwan
LS Cable & System (LS C&S) Senior Vice President Ko Eui-gon, right, poses with Felipe Montero, project director of Hai Long Offshore Wind Power, after signing a $153 million undersea cable supply contract at LS Yongsan Tower in Seoul. LS C&S will supply the cables to Hai Long Offshore Wind Farm in Taiwan. Courtesy of LS C&S.
Hyundai's IONIQ 5 selected as Japan's Import Car of the Year
Hyundai Motor's all-electric IONIQ 5 car won the Import Car of the Year award in Japan, the carmaker said Friday. This is the first time for the Car of the Year Japan Executive Committee to award a Korean car. Since 1980, the Car of the Year Japan award has been given to the 10 best cars every year among vehicles newly launched in the country.
Kumho Petrochemical expands ESG management
Kumho Petrochemical is advancing its environmental, social and corporate governance (ESG) program to create a sustainable future. The company revealed its full-fledged start of ESG management in September 2021 by establishing a promotional strategy and sharing its vision “Let's Act, Advance and Accelerate for ESG!” The petrochemical firm selected key themes of its ESG vision ...
Sales of sterilized milk soar amid price hikes
A growing number of consumers are turning to imported sterilized milk products due to their lower prices amid soaring inflation, according to industry officials, Thursday. The steep price hikes of locally produced fresh milk in November have further encouraged more people to seek out alternatives.
Coupang invests $4.69 bil. to expand logistics infrastructure
Coupang has invested 6.2 trillion won ($4.69 billion) over the past 12 years in establishing a nationwide logistics network, the country's largest e-commerce firm said Wednesday. The company invited U.S. Ambassador to Korea Philip Goldberg, Daegu Metropolitan City Deputy Mayor Hong Ui-rak and officials from the Ministry of Science and ICT to its new fulfilment center in Daegu...
Gov't seeks to accelerate innovation in bio industry with AI, big data
The government has unveiled a plan to speed up innovation in the biopharmaceutical industry by introducing advanced digital technologies such as artificial intelligence and big data, according to the Ministry of Science and ICT, Wednesday.