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The state government of Victoria, Australia, is funding local defense companies to join the supply chain of Hanwha
Lotte Mart, a leading South Korean hypermarket chain, has been recognized as one of Vietnam’s Top 10 Most
Asiana Airlines, one of South Korea’s major carriers, reported a notable rebound in the second quarter, posting an
Hospitals in South Korea have begun taking advance reservations for Eli Lilly’s weight-loss drug Mounjaro, which is set
(Photo=Pixabay) South Korea’s K-Beauty industry, known for affordable yet high-quality cosmetics, is adjusting strategies after the U.S. imposed a 15% tariff on Korean cosmetics exports—lower than the initially proposed 25%, easing fears of a worst-case scenario. The tariff, part of the Trump administration’s reciprocal trade measures, took effect on August 7 following months of negotiations. Korean cosmetics had faced a
Photo=NEA The South Korean government will co-host a high-level conference with the Organisation for Economic Co-operation and Development (OECD) aimed at accelerating the construction of new nuclear power plants. The event comes as many countries abandon anti-nuclear policies and commit to nuclear expansion—a trend Seoul views as an opportunity to boost its nuclear exports. Analysts say the move underscores the
Photo=HMM HMM is moving forward with plans to order up to twelve 13,000-TEU container ships in a deal valued at about $1.2 billion. The order is part of the company’s previously announced fleet expansion strategy, with negotiations underway with three major South Korean shipbuilders According to TradeWinds and Portnews, HMM intends to build 13,000-TEU liquefied natural gas (LNG) dual-fuel container
(Photo=C2N) C2N Diagnostics, a diagnostics company specializing in blood tests for Alzheimer’s disease, is expanding its services to more than seven countries, backed in part by a $10 million investment from South Korea’s Samsung Group, a global conglomerate with businesses spanning electronics, construction, and biotechnology. The company announced on August 7 that it has partnered with six global healthcare providers:
South Korean President Lee Jae-myung on Tuesday ordered officials to consider the harshest legal actions against POSCO Engineering & Construction (POSCO E&C) following a series of fatal workplace accidents. The measures under review include revoking the company’s construction license and banning it from public contracts. The directive has sent shockwaves through South Korea’s construction sector, with industry leaders bracing for
