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Reporter : Lee Kyung-min
Thu, December 7, 2023 | 22:06
POSCO's steel for LCO2 carriers obtains Lloyd's Register certification
POSCO-developed steel needed to manufacture large liquefied carbon dioxide (LCO2) carriers has received international certification for the first time in Korea, the local steel giant said Wednesday.
Why do young civil servants want to move to private sector?
Young public servants are quitting their jobs and heading to the private sector, due to frustration over low pay, limited prospects of promotion and a rigid work culture, according to market watchers. The exodus has accelerated since the government's ministries began to move to Sejong, an administrative city located 112 km south of Seoul.
KT seeks to earn 1 trillion won in sales from AI business in 2025
KT, a local telecommunications service provider, plans to increase sales of its artificial intelligence (AI) convergence business to 1 trillion won (773 million) by 2025, as underpinned by diversified AI-mediated robotics, health care and education services, according to the firm, Wednesday.
KHNP nears clinching deal to build nuclear waste processing facility in Romania
Korea's state-run energy firms and private entities are closer to winning a deal to build a nuclear waste treatment facility in Romania, according to market watchers, Tuesday. Korea Hydro & Nuclear Power (KHNP), Korea Electric Power Corp. Engineering & Construction (KEPCO E&C), Hyundai E&C and Samsung C&T have cleared a quality screening test commissioned by SN Nuclearelectri...
Pfizer employees lead green campaign
Pfizer Korea employees participated in environmental protection activities as part of the Green Move Campaign established last year to advance its environmental, social and corporate governance (ESG) initiative, titled “Moves for a Healthier World,” according to the firm, Tuesday. Pfizer Korea signed a business agreement last year with Forest for Life, a private environmental...
Electricity rate hike unlikely in Q3
The government will leave electricity rates unchanged for the third quarter, according to market watchers, Friday, due to souring public resentment concerning the soaring cost of living as well as the moderate stabilization of global energy prices.
LG bolsters Busan Expo bid in Paris ahead of BIE General Assembly
LG Corp. is intensifying promotional activities in Paris, France, to bolster Korea's bid to host World Expo 2030 in its southern coastal city of Busan, according to the firm, Friday.
Samsung, SK hynix benefit from soaring demand for high-performing memory chips amid AI boom
The local memory chip market is showing signs of a boom, underpinned by the industry-wide recovery after the release of new products made by NVIDIA, Intel and AMD, according to market watchers, Thursday.
Korea issues first AI ethics checklist
The government has outlined the first national standard on how to use artificial intelligence (AI) ethically, in a move to bolster the emerging industry's sustainability and enhance its global presence, the industry ministry said Wednesday.
Business leaders vow to achieve net-zero based on hydrogen economy
A hydrogen initiative consultative body comprising heads of local conglomerates agreed to rely on hydrogen to help achieve the nation's carbon emission reduction targets, according to industry officials.