Two outfits will cooperate in the hydrogen industry
South Korea’s H2Korea announced on Sept. 19 that it had inked a memorandum of understanding with TUV Rheinland, a German certification organization, to boost the hydrogen economy.
Under the contract, the two outfits...
Korean telecom operator offering its AI platform
South Korea’s leading telecom operator KT announced on Sept. 11 that it had teamed up with Singapore Post to test an artificial intelligence-based logistics system.
Under the agreement, the two companies will launch a...
Korean ride-hailing service advances into new markets
South Korea’s Kakao Mobility announced on Sept. 8 that the corporation would launch its ride-hailing service Kakao Taxi in the United States and Australia this year.
Kakao Mobility, which presently offers limited services in...
The CEO will also take charge of corporate sustainability
iKEA Korea announced on Aug. 31 that Isabel Puig would take charge of the company beginning on Sept. 1, along with the role of chief sustainability officer.
Under the stewardship of Isabel,...
Korean outfit expects generative AI will not replace people
The full-fledged adoption of generative AI like ChatGPT from OpenAI can affect the finance and insurance businesses most, according to the Korea Chamber of Commerce and Industry (KCCI) on Aug. 28.
Unlike...
SPC, Tous Les Jours trying to make their presence felt overseas
South Korea's leading food and bakery companies are briskly tapping into the United States headed by primary brand Paris Baguette and No. 2 player Tous Les Jours.
SPC Group, which...
Korea strives to expand new markets for pets
Animal hospitals and pet shops will be allowed to sell insurance products for companion animals in South Korea beginning next year, according to the country’s Ministry of Agriculture, Food and Rural Affairs...
Discount rate will reach up to 50% for three weeks
South Korea’s first-tier discount chain Homeplus announced on July 28 that the outfit had launched an extraordinary summer blowout both online and offline through Aug. 16.
The Seoul-based outfit noted that...
Film-type ginseng products coming to town
Thus far, people typically drank water after eating products of red ginseng extracts, which came in various forms of ordinary pouches, stick pouches, or ampoules.
Things are expected to change as the world’s leading red...
Korean airline company is scheduled to appeal
A Russian arbitration court ordered Korean Air last week to pay $46 million in a fine to the country’s customs authorities, the verdict that the South Korean flag carrier vowed to appeal Tuesday.
Observers...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
