SEOUL, Nov. 22 (Korea Bizwire) — Hanwha Ocean Co. said Friday it has decided to withdraw its complaint filed with the police against shipbuilding rival HD Hyundai Heavy Industries Co., citing what it called a need to cooperate for national interests. “We believe withdrawing the complaint is the right course of action to ensure the [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hanjin Logistics Corp., the logistics unit of South Korea’s Hanjin Group, said Friday it has partnered with DHL Supply Chain Korea to strengthen their domestic logistics networks and services. The partnership is aimed at attracting new clients, leveraging each other’s expertise and knowledge, and jointly exploring business opportunities, the [...]
SEOUL, Nov. 22 (Korea Bizwire) — A North Korean weaponry exhibition featured the country’s latest arms, ranging from suicide bombing drones to solid-fuel intercontinental ballistic missiles, North Korean reports and photos showed Friday. The North’s official Korean Central News Agency (KCNA) reported that the “National Defense Development-2024″ exhibition opened in Pyongyang the previous day, showcasing [...]
SEOUL, Nov. 22 (Korea Bizwire) – LG Uplus, one of South Korea’s major telecommunications providers, announced on November 20 the launch of its new ‘Dual Number On/Off’ service, allowing users to control incoming calls to their virtual phone numbers. The Dual Number service, a mobile add-on that provides users with a second virtual phone number in [...]
SEOUL, Nov. 22 (Korea Bizwire) – Samsung Heavy Industries unveiled its autonomous vessel prototype, the SHIFT-Auto, at a launching ceremony in Geoje, South Gyeongsang Province, the Ministry of Trade, Industry and Energy announced on November 21. The 12-meter vessel, designed to carry up to 12 passengers, showcases cutting-edge autonomous navigation technologies integrated from the design phase, [...]
SEOUL, Nov. 22 (Korea Bizwire) – Experts at a population strategy forum have called for a fundamental shift in workplace culture, arguing that employees balancing work, caregiving, and personal life should become the new standard in personnel management to address South Korea’s declining birth rate and achieve better work-life integration. The forum, held on November 20 [...]
SEOUL, Nov. 22 (Korea Bizwire) – The Seoul Metropolitan Government has publicly disclosed the names of 12,686 high-value tax delinquents who owe more than 10 million won in local taxes, with the largest individual debtor being Oh Moon-cheol, 65, the former CEO of Bohae Savings Bank, who owes 15.17 billion won. The city government published the [...]
MONACO, Nov. 21 (Korea Bizwire) — Since its launch in 2014, the Monaco Energy Boat Challenge has been demonstrating the effectiveness of propulsion and hull design-driven innovation. After a record participation in 2024 involving 40 universities, over 700 students from 25 countries, of which 450 were on site, the event is taking a new turn. [...]
SEOUL, Nov. 21 (Korea Bizwire) – Lotte Department Store announced the launch of its European-style Christmas Market, running from November 20 to January 5 at the Lotte World Mall’s Lawn Plaza in Jamsil, Seoul. This year’s market, themed “Wonderful Showtime,” represents the largest iteration to date, featuring collaboration with luxury brand Chanel and integration with an [...]
SEOUL, Nov. 21 (Korea Bizwire) — South Korean actor Song Joong-ki has announced the birth of his second child, a daughter, in Rome. “A beautiful princess was born very healthy,” Song wrote on his official fan cafe Wednesday, with a black-and-white photo of his newborn daughter’s hand. “I will take good care of my family [...]