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Reporter : Lee Kyung-min
Thu, June 1, 2023 | 11:10
Korea to host ISO in Jeonju next year
Korea will host an international spatial data standardization congress in Jeonju next year, the land ministry said Sunday. The decision was made at the International Organization for Standardization (ISO)/Technical Committee (TC) 211 during an annual plenary meeting in Stockholm, Sweden from Dec. 5 to Dec. 9.
Return-to-work order issued to striking steel, petrochemical truckers
About 15,000 striking truckers in the steel and petrochemical industries will be prosecuted unless they return to work immediately, the government said Thursday, in the latest expansion of an executive order issued to put an end to the 15-day collective action wreaking havoc on the export-reliant economy. Propelling the stern order are 1.31 trillion won ($986 million) and 1.2...
KHNP CEO confident about nuclear plant export to Czech Republic
Korea has cost, quality and technological advantages over its U.S. and French peers when it comes to nuclear power plant construction, a reason why Korea Hydro & Nuclear Power (KHNP) CEO Whang Joo-ho remains confident about Korea's chance of winning in a three-way bidding war to build a nuclear reactor in the Czech Republic. The Korea-U.S. alliance to cooperate in the nuclear...
'Korea-developed APR1400 Shin Hanul provides stable power source'
It took about four hours from Sejong, an administrative city south of Seoul, to Hanul Nuclear Power's headquarters in Uljin, North Gyeongsang Province, operated by Korea Hydro & Nuclear Power (KHNP), a state-run energy firm. The eastern coastal city is where the Hanul Nuclear Power Plant is located. Shin Hanul unit 1 began commercial operation, Wednesday, over 12 years after ...
NCSoft leads AI-powered ethical management
NCSoft, a local video game developer, is accelerating efforts to establish ethical management of artificial intelligence (AI) data, a principle defined by privacy, unbiasedness and transparency, the firm said Wednesday. The initiative is part of the environmental, social and corporate governance (ESG) goals outlined by the IT industry player, the role of which in the rapid di...
[ANALYSIS] Will Korea be able to achieve RE100?
Local energy authorities are grappling with two contradictory objectives: securing a stable supply of energy and achieving carbon neutrality. Granted, spearheading the two goals at equal weight was not without hurdles a few years ago, when a growing number of local firms said they would embrace RE100. The initiative led by Climate Group seeks to help influential businesses co...
Will gov't executive order extend to steel, oil industry truckers?
Over 1.6 trillion won ($1.2 billion) in economic losses brought on by the nationwide strike of the country's unionized truckers continue to cripple major export-driver manufacturers, according to the trade and transport ministries, Friday. Further strengthening calls for stronger government measures is a short-term fuel shortage, a major inconvenience to the public, caused by...
Hyundai E&C sells Hillstate apartments in Incheon
A total of 746 apartment units will be put up for sale in the Hillstate apartment complex in Incheon, according to building developer Hyundai Engineering & Construction (E&C), Wednesday.
Truckers' strike triggers fuel shortage
A nationwide strike by the country's unionized truckers is causing some local petrol stations to run out of gasoline and diesel, according to the energy ministry, Wednesday, prompting owners of cars and buses to brace for a full-fledged fuel shortage next week. Up to 80 percent of the cargo truckers who carry fuel provided by the top four local refiners - SK Innovation, GS Ca...
Companies urge unionized truckers to end strike
Companies and business associations welcomed a presidential executive order, Tuesday, whereby 2,500 striking truckers in the cement industry could be criminally prosecuted. They said the order is a much-needed move to rein in a group of hardline militant union members, long governed by only self-interests at the expense of hard-working non-union counterparts.