Hanwha to more than double staff at US Philly Shipyard in 10 years

Hanwha to more than double staff at US Philly Shipyard in 10 years

South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...

Foreign workers in S.Korea surpasses 1 million

Foreign workers in S.Korea surpasses 1 million

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...

LG Group publishes 2023 ESG Report

LG Group publishes 2023 ESG Report

LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...

Filipino caregivers come to Korea amid demographic crisis

Filipino caregivers come to Korea amid demographic crisis

Some 100 certified caregivers from the Philippines will come to South Korea in August to work as domestic helpers in a country struggling with the...

HMM starts to demonstrate OCCS for vessles

HMM starts to demonstrate OCCS for vessles

South Korea's HMM Co. announced on Tuesday that it installed and initiated a demonstration of the Onboard Carbon Capture and Storage System (OCCS) f...

Lotte Chilsung to reduce plastic usage by 20% by 2030

Lotte Chilsung to reduce plastic usage by 20% by 2030

South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decreasing the weight of p...

POSCO gears up for carbon-free steelmaking with hydrogen

POSCO gears up for carbon-free steelmaking with hydrogen

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...

Korea's bet on US assets up on bull stocks, EV incentives

Korea's bet on US assets up on bull stocks, EV incentives

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Doosan Enerbility to introduce carbon reduction tech at Thai power plant

Doosan Enerbility to introduce carbon reduction tech at Thai power plant

South Korea's Doosan Enerbility Co. plans to introduce carbon reduction technologies, including ammonia co-firing and carbon capture, utilization an...

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy unveils eco-friendly ships, AI tech in Europe

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology to ride...

Daedong completes S.Korea's largest rooftop solar power plant

Daedong completes S.Korea's largest rooftop solar power plant

South Korea's Daedong Mobility announced on Friday that it has completed the construction of the largest rooftop solar power plant in the country at...

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung ups smaller OLED workforce to fend off Chinese rivals

Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...

LG Elec expands workforce to enhance AI cyber security

LG Elec expands workforce to enhance AI cyber security

LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...

SK On to expand workforce for 4680 cylindrical batteries

SK On to expand workforce for 4680 cylindrical batteries

SK On Co., the world’s fifth-largest electric vehicle battery maker, is set to increase its workforce for large-size cylindrical batteries wit...

LG unveils new stick vacuum cleaner with 20% less weight

LG unveils new stick vacuum cleaner with 20% less weight

LG Electronics Inc. released the cost-effective wireless vacuum cleaner LG CordZero A9 Air on Monday, reducing product weight and price burdens.Th...

Samsung gets global carbon reduction certification for TV

Samsung gets global carbon reduction certification for TV

Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...

Naver, Com2uS slash workforce to downsize new businesses

Naver, Com2uS slash workforce to downsize new businesses

South Korea’s leading online platforms and gaming publishers such as Naver Corp., Com2uS Corp. and Kakao Corp. have joined global Big Tech com...

HD Hyundai aims to double number of female employees by 2030

HD Hyundai aims to double number of female employees by 2030

HD Hyundai Co., the world’s largest shipbuilding group, will introduce a childcare leave system to make the male-dominated conglomerate an att...

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking wor...

Australia’s renewables speeding toward net zero: Palisade

Australia’s renewables speeding toward net zero: Palisade

Australia, among the largest carbon emitters globally, is embarking on a once-in-a-generation shift from heavy dependence on fossil fuels to the ele...

Dongkook Lifescience, Veolia team up for energy efficiency initiatives

Dongkook Lifescience, Veolia team up for energy efficiency initiatives

Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...

Korea’s smaller firms embrace older, experienced workforce

Korea’s smaller firms embrace older, experienced workforce

South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...

Samsung Heavy starts to construct ammonia test facility

Samsung Heavy starts to construct ammonia test facility

South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has commenced the construction of an  ammonia test facility at ...

Louis Vuitton creates jobs for Korean women returning from career breaks

Louis Vuitton creates jobs for Korean women returning from career breaks

Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...

POSCO, JSW discuss eco-friendly reduction steel production

POSCO, JSW discuss eco-friendly reduction steel production

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

1% reduction in working-age population reduces GDP by 0.59%: report

1% reduction in working-age population reduces GDP by 0.59%: report

A study has revealed that a decrease in the working-age population due to low birth rates and an aging population, coupled with an increase in the d...

Kia offers up to $7,500 in incentives in US for leasing EV6

Kia offers up to $7,500 in incentives in US for leasing EV6

South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...

SK On to develop anode materials with Westwater Resources of US

SK On to develop anode materials with Westwater Resources of US

South Korea's electric vehicle (EV) battery maker SK On and the American graphite company Westwater Resources will jointly develop anode materials f...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared