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Hite Jinro to expand distilled soju production facilities 매일경제11:12South Korean soju liquor maker Hite Jinro said on Sunday that it plans to expand its distilled soju production facilities as it celebrates its 100th annivers
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Gmarket, Auction to slash membership fee to lure new customers 매일경제11:00Gmarket Inc. and Auction Co., e-commerce platforms under South Korea’s Shinsegae Group, plan to offer a big reduction in the annual fee for Shinsegae Univer
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Shipping stocks rally as Strait of Hormuz blockade fears rise 매일경제10:57South Korean shipping stocks rallied in early trading on Monday as the Middle East crisis escalated following Iran‘s airstrikes on Israel. Heung-A Shipping
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HD Hyundai partners with Palantir to develop unmanned surface vessels 매일경제10:42South Korea’s HD Hyundai Co. will develop unmanned surface vessels (USVs) in collaboration with U.S. Palantir Technologies Inc., the company said on Sunday.
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Korea extends fuel tax reductions as Middle East tensions rise 매일경제10:42South Korea will extend its fuel tax reduction scheme, originally scheduled to end at the end of April 2024, for another two months as tensions in the Middle...
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Seoul Money Show to kick off in May 2024 매일경제10:39The Seoul Money Show 2024, the largest financial fair in South Korea as well as Asia, will kick off in May 2024 with enhanced seminars on investment and cust
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Korean researchers achieve breakthrough in hallucination treatment 매일경제10:15A team of South Korean researchers has achieved a breakthrough in real-time observation of the brain in a hallucinatory state, raising expectations for a clu
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LG Uplus, SNU publish white paper on future quantum communication 매일경제10:12South Korean mobile carrier LG Uplus Corp. has published a white paper on future quantum communication in collaboration with a research team led by Lee Kyung
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Samsung enhances customer service with AI remote diagnostics 매일경제10:09Samsung Electronics Service plans to use AI technology for remote diagnostics to improve convenience in the use and after-service of consumer electronics. Ac
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Pension reform could increase youngsters’ financial burden 매일경제09:48South Korea’s proposed national pension reform, reportedly aimed at strengthening income stability via a pay-more-receive-more approach, could place a heavi
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LG Chem launches voluntary retirement plan for advanced materials employees 매일경제09:42LG Chem is inviting production workers from its Advanced Materials Business Division to apply for voluntary retirement. This division includes the secondary
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Tech companies compete to develop video AI 매일경제09:27Global big tech companies are fiercely competing to develop video artificial intelligence (AI) after OpenAI unveiled its video production AI model, Sora, and
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SMEs Ministry selects 43 startup incubators to boost growth 매일경제09:24South Korea’s Ministry of SMEs and Startups has designated institutions that will serve as startup incubators to support the growth of early-stage startups.
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Hyundai Motor ramps up hydrogen bus production in 2024 매일경제09:21South Korea’s sole hydrogen bus manufacturer Hyundai Motor Co. is set to boost its hydrogen bus production capacity sixfold in 2024 after sales of electric
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Instagram, Facebook sees decline in mobile users in Korea 매일경제09:18Instagram and Facebook, the social networking platforms managed by Meta Platforms Inc., have seen a decline in the number of mobile users in South Korea for