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Reporter : Lee Kyung-min
Thu, February 9, 2023 | 09:08
'Gov't should help manufacturers digitize fast to overcome global supply chain risks'
The government should fortify policy assistance to help manufacturers swiftly digitize, as prompted by the continued efforts of Korea's advanced global peers to tackle global supply chain disruptions and soaring costs of raw materials, a government research organization suggested, Sunday.
Danuri lunar orbiter set for launch
Korea's lunar orbiter, Danuri, is fully prepared for a successful launch on Friday, according to the state-run aeronautics and space agency, Thursday. The orbiter, otherwise known as the Korea Pathfinder Lunar Orbiter (KPLO), was developed by the Korea Aerospace Research Institute (KARI), with assistance of the U.S.'s National Aeronautics and Space Administration (NASA).
Samsung, SK, Lotte, POSCO take carbon capture tech to Southeast Asia
An increasing number of local conglomerates are seeking to fortify carbon capture utilization and storage (CCUS) business cooperation with Southeast Asia, a move to maximize mutual interests through combining their need to identify storage facilities with the group of countries' substantial dependence on fossil fuels, according to market watchers, Wednesday. They are energy a...
Oceans ministry to release last of eight captive dolphins
The government is accelerating preparations to free the last captive Indo-Pacific bottlenose dolphin, named Beebong, to oceans off Jeju Island, as illustrated by months of training to help it readjust to the wildlife environment, according to officials, Wednesday.
Renewable energy shares rally on high energy prices
Shares of solar, wind and other renewable energy companies are on a steep rise, propelled by the passage of a U.S. inflation reduction bill and Russia's invasion of Ukraine that triggered a global energy crisis, market watchers said Tuesday. The U.S. Inflation Reduction Act will enable investments of $369 billion (481 trillion won) in energy security and climate solutions.
LX criticized for 'monopolization' of cadastral survey market
Korea Land and Geospatial Informatix Corp. (LX) came under fire over what small market players have characterized as “monopolization” of the lucrative cadastral survey market, according to officials, Tuesday.
2 men receive POSCO Heroes cash award for preventing knife attack
POSCO TJ Park Foundation has announced the names of five people who have been honored as POSCO Heroes, receiving 10 million won ($7,654) in cash, Monday.
SK Bioscience seeks approval for COVID vaccine in Europe
SK Bioscience, a biotech affiliate of SK Group, said Monday that it has applied for a conditional approval for the use of SKY Covione, a COVID-19 vaccine, with the European Medicines Agency (EMA). SKY Covione was developed jointly by the SK affiliate and the Institute for Protein Design (IPD) under the University of Washington. The product development was funded by the Bill &...
FTC's move to 'restrain' Coupang founder hits snag
The years-long move by Korea's antitrust agency to designate Coupang founder Kim Bom-suk as the head of a large conglomerate has been postponed due to inter-ministerial discord, according to officials Monday. The Korean American with U.S. citizenship widely known as Bom Kim founded the e-commerce giant, a New York Stock Exchange-listed firm.
Trade conflict looms over FTC's move to 'restrain' Coupang founder
A full-fledged trade dispute could occur between Korea and the U.S., triggered by the Korean antitrust agency moving to designate Kim Bom-suk, founder of Coupang, Korea's e-commerce giant, as the head of large conglomerate, according to market watchers, Friday. The Korean American with U.S. citizenship is widely known as Bom Kim.