The Carbon Neutral Committee and Carbon Neutral Green Steel Technology Advisory Panel, which will play leading roles to achieve POSCO’s Net-Zero Carbon 2050, started operation in earnest.The Carbon Neutral Committee is a consultative group that was launched on March 16 to coordinate the net-zero car

“SK Innovation will focus on discovering new businesses for its business portfolio (Portfolio Designer & Developer) and greatly reinforce the company’s business development and R&D areas to make a strong drive to secure tech-based Green Portfolio,” said Kim Jun, Vice Chairman and CEO of SK Innovatio

Salute, the prestige whisky from Pernod Ricard Korea (headed by CEO Frantz Hotton) has been selected as the Best of 2022 in the whisky category at the 2022 Korea Wine and Spirits Awards. In addition, the company’s premium scotch whisky Ballantine’s and Irish whisky Jameson won the grand prize in the

BAT Sacheon Factory has been officially certified for the International Alliance for Water Stewardship (AWS), the company announced on April 7.BAT Sacheon Factory has taken steps to acquire the AWS certification since last year and passed the final assessment through rigorous on-site water resource

Korea Racing Authority, led by CEO Jung Ki-hwan, has released the official emblem commemorating the 100th anniversary of Korean horse racing, promoting the history of a century of Korean horse racing, and spurring efforts to make horse racing a national sport.KRA unveiled the official emblem on Apri

Bangladesh, a huge market with a population of 170 million, is emerging as a promising investment destination for Korean companies.Bangladesh has continued its economic growth of 6-7% every year for the past decade, but recorded the highest growth rate in the world at 8.4% in 2019 just before COVID-

POSCO Holdings has started construction of a lithium commercialization plant in Argentina, the company said on March 31. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction a

LG Electronics will participate in the Bangladesh Smart City Project. It will help modernize rural areas by supplying digital signage solutions.According to industry sources on April 1, LG Electronics recently signed a memorandum of understanding (MOU) with Bangladesh's ministry of agriculture (DAE)

Pernod Ricard Korea, the Korean affiliate of the global wine and spirits company Pernod Ricard, announced on the 23rd, it will recruit participants for “The Bar World of Tomorrow” program in April and May, a professional training to establish the eco-friendly bar culture in Korea. ‘The Bar World of

POSCO Group Chairman Choi Jeong-woo met with Alberto Angel Fernandez at the presidential palace in Buenos Aires, the capital of Argentina, on March 21 (local time) to discuss cooperation between POSCO Group and the Argentine government in secondary battery materials business.The meeting took place a

Hyundai Motor inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta, on March 16.The inauguration followed Hyundai’s signing of a Memorandum of Underst

By Feature Editor Kim Hyung-daeRural Development Administration improves agricultural productivity using digital technology. It is expected that digital technology that brings together technologies related to the Fourth Industrial Revolution, such as big data and artificial intelligence, will be use

Pernod Ricard Korea, the Korean unit of the Paris-based global wine and spirits company Pernod Ricard, announced that it joined Asia initiative with digital campaign for responsible drinking ‘#Make Memories, Not Hangovers’ in January reaching nearly 1 million people. The Korean campaign covering key

Hyundai Motor Co. and Iveco Group have signed a Memorandum of Understanding (MOU) on March 4 to explore possible collaborations on shared vehicle technology, joint sourcing and mutual supply, Hyundai Motor said on March 7.The signing ceremony took place at Hyundai Motor’s headquarters in Seoul, and

Trade Minister Yeo Han-koo held talks with United States Deputy Secretary of Commerce Don Graves and Trade Representative (USTR) Katherine Tai in Washington D.C. on March 3 and 4, respectively, to discuss Korea-US sanctions against Russia, the Indo-Pacific Economic Framework (IPEF), Section 232 stee

KOTRA helps Korean medical device companies enter the global market.KOTRA announced on March 9 that it will hold the ‘2022 Global Medical Equipment Plaza (GMEP 2022)’ at COEX, Gangnam-gu, Seoul for two days from March 10.This event is linked to the ‘Korea International Medical and Hospital Equipment

Taihan announced on March 3 that its U.S. corporation, T.E.USA, has won an order for an ultra-high-pressure power grid supply project.It is a large project worth about 60 billion won (some $50 million), and it is the result just in 15 days after winning a three-year long-term project in the U.S. in

Yoon Hyung-joong, the new CEO of Korea Airports Corporation (KAC), said on March 4 that he had appointed Lee Mi-ae, head of the strategic and planning headquarters, as the first female vice president in 42 years since its foundation.Vice President Lee joined the KAC in 1987 and was appointed as the

A worker at Hyundai Steel's Dangjin Steel Mill fell into a plating container and died while working at a cold-rolled factory around 5:40 a.m. on March 2.The place where the accident occurred is where the iron plate produced in the steel mill is plated with zinc. The plating container was 4.2m wide,

Kia EV6 has been named the 2022 Car of the Year in the prestigious European Car of the Year (COTY) awards, the Hyundai Motor Group said on March 1.The innovative all-electric crossover was voted the overall winner by a 61-strong jury consisting of highly respected motoring journalists from 23 Europe