Swedish Chamber of Commerce in Korea (SCCK) and Korea Trade-Investment Promotion Agency (KOTRA), supported by 17 foreign chambers in Korea, held the 1-year Anniversary Business Forum at Lotte Hotel in Sogong-dong, Seoul on Dec. 8.The business forum, titled the "Secrets of Korean Economic Miracle and
The 7th edition of SoftWave-2022, a Korean Software fair, was held on Dec. 7 at COEX, Seoul by Korean Minister of Science and ICT Lee Jong-ho.Ambassador Amit Kumar of India in Seoul was invited for the inaugural ceremony. He also joined the Minister in the tour of the exhibition including the India
SK On signed a memorandum of understanding (MOU) with Hyundai Motor Group to strengthen the North American electric vehicle (EV) battery supply chain, the company said on Nov. 29.The signing ceremony of the MOU took place at SK Group Headquarters in Jongno, Seoul, Korea, on November 29 (KST) with pa
President Yoon Suk-yeol on Nov. 28 said, "We will plant Taegeukgi (the Korean national flag) on Mars by 2045, the centennial anniversary of national liberation."At a ceremony to announce the nation's roadmap for the future space economy at JW Marriott Hotel Seoul in the city's Seocho-gu District, he
President Yoon Suk-yeol held a summit with Kenyan President William Ruto, who officially visited South Korea on Nov. 23, and exchanged opinions on ways to strengthen exchanges and cooperation between the two countries, especially in energy, defense and nuclear fields.Ruto, who took office in Septemb
Minister for Trade Ahn Duk-geun met with Singapore’s Second Minister for Trade and Industry Tan See Leng in Singapore on Nov. 21 and signed the Korea-Singapore Digital Partnership Agreement (KSDPA).The KSDPA was settled in December 2021, followed by a legal examination and deliberation process. Sign
Korean Professional Engineers Association (KPEA), led by Chairman Joo Seung-ho, signed a business agreement with Engineers Board of Kenya (EBK) on Nov. 23 on mutual cooperation to discover and support Kenyan industrial projects.This business agreement was triggered by discussions with the EBK, which
Based on the MOU signed with the Kenya Chamber of Commerce and Industry, the Korea Institute of Procurement (KIP) and SDG Youth held the "Korea-Kenya Business Meeting" at the PPS Hall of the Seoul Regional Procurement Service on Nov. 24.As a follow-up to the MOU signed as part of the Kenyan Presiden
SK On and SK Signet announced on Nov. 24 that they had signed an MOU at Park One in Yeouido, Seoul to develop a battery diagnosis service utilizing electric vehicle chargers.Through this agreement, the two companies plan to introduce the new service next year, allowing the users to diagnose the rema
LG Household & Health Care (LG H&H) held a board meeting on Nov. 24 and promoted Vice President Lee Jung-ae, who is currently in charge of the refreshment business, to the first female president of LG Group and appointed her CEO.Vice Chairman Cha Suk-yong, who led LG H&H for the past 18 years, repor
The Korea Pharmaceutical and Bio-Pharma Manufacturers Association (KPBMA) announced on Nov. 21 that it had time to exchange information with representative American pharmaceutical bio organizations and expert groups in Washington, DC, USA from Nov. 17 to 18 (local time).Chairman Won Hee-mok of KPBMA
The Suhyup Bank President Recommendation Committee announced on Nov. 15 that Kang Shin-suk, 61, vice president of finance at the Federation of Suhyup Banks, was appointed as the next Suhyup Bank president.She is the third female bank president after former President Kwon Sun-joo of Industrial Bank o
Trade, Industry and Energy Minister Lee Chang-yang of South Korea attended the Korea-Saudi Investment Forum on November 17, hosted by the Ministry of Trade, Industry and Energy (MOTIE) and Saudi Arabia’s Ministry of Investment, and organized by the Korea Trade-Investment Promotion Agency (KOTRA), Ko
President Yoon Suk-yeol on Nov. 17 held talks with visiting Saudi Arabian Crown Prince Mohammed bin Salman, who is also his nation's prime minister, on the development of bilateral cooperation.After meeting with President Yoon, Saudi Crown Prince Bin Salman moved to Lotte Hotel in Sogong-dong, Seoul
The following is the full text of the address by the President of the Republic of Uzbekistan Shavkat Mirziyoyev at the Second World Conference on Early Childhood Care and Education in Tashkent.Distinguished conference participants!Ladies and gentlemen!I sincerely congratulate you on the opening of t
Governor Park Wan-soo of Gyeongsangnam-do Province met with Hungary's new ambassador to South Korea, Istvan Szerdalheyi, at the reception room of the provincial government on Nov. 14.The meeting was made during Amb. Szerdalheyi’s visit to Gyeongsangnam-do Province, which had a friendly relationship
Chairman Yoon Hong-geun of the Genesis BBQ Group, has set the goal of BBQ Group to surpass McDonald's in global markets such as the U.S. and become the No. 1 global brand power.Business sources said that Chairman Yoon recently said in an interview with Nihon Keizai (Nikkei), a Japanese business maga
President Yoon Suk-yeol and U.S. President Joe Biden reaffirmed their position on Nov. 13 that if North Korea uses nuclear weapons in any form, South Korea and the U.S. will "respond with overwhelming force using all available means."President Yoon met U.S. President Biden in Phnom Penh, Cambodia, a
Hyundai Motor Group Chairman Chung Eui-sun delivered a keynote speech at the 2022 B20 Summit in Bali, Indonesia on Nov. 13 on the theme of ‘Energy Poverty and Accelerate a Just and Orderly Sustainable Energy Use.’The B20 Summit, Nov. 13-14, facilitates a consultative body comprised of private econom
KOTRA and CanCham (Canadian Chamber of Commerce in Korea), supported by 17 foreign chambers in Korea, will hold the "CANCHAM X KOTRA Business+ Forum" at Lotte Hotel in Sogong-dong, Seoul on Nov. 24.Business+ Forum, in short, is a monthly meeting venue for expats working in Korea that features a lect