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HD KSOE Begins First Vessel Construction Project in Philippines

HD KSOE Begins First Vessel Construction Project in Philippines

SEOUL, Sept. 2 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering (HD KSOE) Co., a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai Co., launched its first vessel construction project in the Philippines on Tuesday, the company said. The company held a steel-cutting ceremony at HD Hyundai Subic Shipyard in Subic [...]

Special Counsel Suspects Link Between Ex-First Lady And Unification Church

Special Counsel Suspects Link Between Ex-First Lady And Unification Church

SEOUL, Sept. 1 (Korea Bizwire) – Former first lady asked for the Unification Church’s cooperation in backing a specific candidate in the People Power Party’s (PPP) leadership election in March 2023, an indictment written by special counsel Min Joong-ki’s team showed Monday. The team suspects that the Unification Church sought to request various policy favors from the administration [...]

Justice Ministry Submits Request For Nat’l Assembly’s Consent To Detain PPP Lawmaker Kweon

Justice Ministry Submits Request For Nat’l Assembly’s Consent To Detain PPP Lawmaker Kweon

SEOUL, Sept. 1 (Korea Bizwire) — The justice ministry on Monday submitted a request to the National Assembly for its consent to detain Rep. Kweon Seong-dong of the main opposition People Power Party embroiled in bribery allegations. Last week, special counsel Min Joong-ki’s team filed for an arrest warrant for Kweon suspected of receiving 100 [...]

Foreign Ministry Checks Protection Measures For S. Koreans In Indonesia Amid Unrest

Foreign Ministry Checks Protection Measures For S. Koreans In Indonesia Amid Unrest

SEOUL, Sept. 1 (Korea Bizwire) — The foreign ministry held a joint meeting with overseas diplomatic missions Monday to review measures to protect its nationals in Indonesia, as nationwide protests escalate over lawmakers’ privileges. Yoon Chu-sok, director general for overseas Koreans and consular affairs, urged officials in the meeting to closely monitor developments, maintain constant [...]

Hyundai, Kia Launch Public-Private Consultative Body For Future Mobility Cooperation

Hyundai, Kia Launch Public-Private Consultative Body For Future Mobility Cooperation

SEOUL, Sept. 1 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. on Monday launched a new public-private consultative body aimed at fostering cooperation in the future mobility sector together with government agencies, businesses and research institutions to address transportation challenges. The launch ceremony for the alliance, named the Next Urban Mobility Alliance (NUMA), was [...]

Gov’t Reviews Cybersecurity Strategy Against Evolving AI Threats

Gov’t Reviews Cybersecurity Strategy Against Evolving AI Threats

SEOUL, Sept. 1 (Korea Bizwire) – The presidential Office of National Security held a cybersecurity response meeting Monday to strengthen defenses against evolving cyber threats driven by artificial intelligence (AI). Oh Hyun-joo, the third deputy national security officer, chaired the session attended by officials from 10 government agencies, including the National Intelligence Service and the [...]

British Trade Minister Visits LG Ahead Of AI Service Launch With London Exchange

British Trade Minister Visits LG Ahead Of AI Service Launch With London Exchange

SEOUL, Sept. 1 (Korea Bizwire) — Britain’s Trade Minister Douglas Alexander paid a rare visit to an artificial intelligence (AI) research center of LG Group on Monday as the South Korean company prepares to launch a new financial service with the London exchange. Alexander visited the AI research center in western Seoul with officials from [...]