President & CEO Kim Dong-sub of the Korea National Oil Corporation (KNOC) tapped in early June this year said, “I will try to do my level best to improve the revenue and financial status of the organization.” An expert on oil with a doctor’s degree from the Ohio State University, CEO Kim then stated

"Pernod Ricard Korea," a Korean subsidiary of the French wine & spirit liquor company Pernod Ricard Group, has appointed Frantz Hotton as its new head on Sept. 14.CEO Franz Hotton has gained various marketing and sales experience in the Pernod Ricard Group for 26 years since joining Pernod's marketi

Samsung Electronics announced on Sept. 16 that the development processes for its end-to-end networks solutions, including RAN, analytics, core, and cloud products, have successfully passed the security assessment using the Network Equipment Security Assurance Scheme (NESAS), established by the GSMA

Hyundai Motor Group has introduced ‘Factory Safety Service Robot, a robot for industrial site safety, and announced its pilot operation at Kia’s plant in South Korea on Sept. 17.The group has also released a video of the Robot on its YouTube channel. The Robot is based on Boston Dynamics’ quadruped

Chairman Koo Ja-yeol of the Korea International Trade Association (KITA) met with founder and former Chairman Edwin Feulner of the Heritage Foundation, who is now visiting Korea, at Trade Tower in Gangnam-gu, Seoul on Sept. 16.Chairman Koo talked with founder Feulner on recent trade issues such as K

SK Geo Centric announced on Sept. 15 that it has joined hands with APP Group, a global paper producer to develop eco-friendly paper packaging material.CEO Na Kyung-soo of SK Geocentric and Chairman Huang Zhi Yuan of APP Group attended the online signing event for the MOU on joint development of eco-

Ssangyong Engineering & Construction announced on Sept. 16 that Chairman Kim Seok-joon will go on a business trip to Dubai to encourage on-site employees for the Chuseok holidays. Chairman Kim has visited overseas sites every year for the past 30 years to encourage employees.This is the third busine

Samsung Electronics revealed the revamped Samsung Remote Test Lab program, which allows developers to easily test their applications virtually and remotely on thousands of Samsung Galaxy devices, on Sept. 16.The Remote Test Lab program makes it much more efficient for developers to test their new ap

SK Innovation announced on Sept. 16 that several agenda items including partial amendments of statutes of the company and the approval for the split-off of its battery and oil exploration and development (E&P) have passed in an extraordinary shareholders’ meeting held at SUPEX Hall, SK Seorin Buildi

LG Chem and Archer Daniels Midland (ADM) in the US, one of the world's four major grain processing companies, will set up a joint factory to commercialize corn-based bioplastics.LG Chem announced on Sept. 14 that it had signed a Heads of Agreement (HOA) for the establishment of a Lactic Acid (LA) an

Czech Republic Nuclear Engineering is a very complex field and as the consumption of electricity is still growing, nuclear plants can be considered as a reliable and environmentally friendly source of electricity. As a student of KEPCO International Nuclear Graduate School (KINGS) located in Shin Ko

LG Electronics announced on Sept. 9 that it aims to use almost 600,000 tons of recycled plastic by 2030 in an effort to reduce greenhouse gas emissions in the value chain.The goal is a part of LG’s larger initiative to create a take-back ecosystem for electronic waste and increase the use of post-co

Simone will be listed on the Seoul stock market early next month. Simone said on Sept. 9 that it plans to invest the funds raised through listing on the stock market to expand a new plant in Indonesia.Simone is the world's No. 1 luxury handbag ODM manufacturer. Simone's global market share is about

BBQ, led by its Chairman Yoon Hong-geun, announced on Sept. 8 that it was ranked 5th in the list of the fastest-growing restaurant brands in the United States, published by the Nation's Restaurant News, a global food service magazine.The Nation’s Restaurant News, published in 1956, is a news outlet

Hyundai Motor Group Chairman Chung Eui-sun said on Sept. 7, “We will achieve a hydrogen society in which hydrogen energy can be used by anyone, everything, and anywhere by 2040.”It is an official declaration that 2040 will be the first year of the popularization of hydrogen. There is an observation

SK Lubricants has launched a new “legit” environment-oriented SK ZIC ZERO campaign that reflects the company’s commitment to green business practices.SK Lubricants, a SK Innovation’s subsidiary specialized in lubricant business, said on Sept. 1 that it prepared this advertising campaign to showcase

LG Chem has joined hands with biodiesel company Dansuk Industrial to establish a joint plant to secure bio-materials required for the production of eco-friendly products.LG Chem announced on Sept. 2 that it had signed a Heads of Agreement (HOA) for the establishment of a hydro-treated vegetable oil

Over the last half century, according to details in the company reference materials, including details in on its official website, GC (Green Cross) Pharma (CEO Park Dae-woo) has followed the solitary path toward researching and developing pharmaceutical products difficult to develop, but necessary t

Samsung Electronics said on Aug. 25 that Samsung and the Museo Nacional del Prado have partnered to offer an all-new multimedia experience for the visitors of the Prado Museum, offering crisp and vibrant audiovisual content from the Museum in the Jerónimos Terrace using Samsung’s The Terrace.Visitor

Koo Cha-yeol, chairman of the Korea International Trade Association (KITA), asked member companies to join forces to help companies entering the New Southern region, which are suffering from the COVID-19, on Aug. 25.Chairman Koo, who is also chairman of the New Southern Business Federation, made the