SEOUL, Aug. 30 (Korea Bizwire) — South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday it has signed a business tieup agreement with two local firms on the joint development of next-generation, eco-friendly ship engines. The memorandum of understanding, which was signed with rival Samsung Heavy Industries Co. and ship engine maker [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korea’s major retailers are opening a string of unique pop-up stores as part of efforts to attract more customers. Galleria Department Store is striving to emphasize its “premium” image, opened a Hermes pop-up store for male customers in earlier this month. In September last year, Gucci and Valencia [...]
SEOUL, Aug. 30 (Korea Bizwire) — The Incheon International Airport Corp. (IIAC), South Korea’s main airport operator, has launched the trial operation of the nation’s first remote boarding facility at the second passenger terminal. The remote boarding facility is an indoor boarding facility designed for passengers boarding a plane from the apron. Incheon International Airport [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korean instant noodle maker Nongshim Co. announced that it had affixed foldable handles to the side of its spicy noodle cups for the very first time. The company developed the industry’s first foldable handles to reduce the inconvenience of carrying the cup after filling it with hot water. [...]
SEOUL, Aug. 29 (Korea Bizwire) — Major South Korean shipyard Hyundai Heavy Industries Co. said Sunday it had acquired design approval for Hi-Rotor, a rotor sail that is a form of wind-assisted propulsion for ships, from the Korean Register of Shipping (KR) for the first time in the domestic shipbuilding industry. A rotor sail is [...]
SEOUL, Aug. 26 (Korea Bizwire) — South Korean researchers have developed a new process that uses edible insects to create meat-flavored seasoning. A research team from Wonkwang University discovered that steamed mealworms emit a strong, corn-like odor. When grilled or fried, they gave off a scent that resembles shrimp and frying oil. The smell emitted [...]
SEOUL, Aug. 26 (Korea Bizwire) — About 6 out of 10 workers at South Korean shipbuilding companies turned out to be “non-affiliated” employees of subcontractors rather than the shipbuilders that use their services, government data showed Thursday. According to the Ministry of Employment and Labor, there were around 5.2 million regular workers hired by the [...]
SEOUL, Aug. 26 (Korea Bizwire) — BGF Retail Co., the operator of CU convenience stores, said Thursday it had formed a business agreement with MOBINN, an in-house startup of Hyundai Motor Co., to launch a robot delivery pilot service. After establishing a last-mile business consultative body, the two companies are expected to launch the convenience [...]
SEOUL, Aug. 25 (Korea Bizwire) — Hyundai Engineering Co. on Tuesday (local time) held a special ceremony to celebrate the completion of a water purification plant in the Democratic Republic of the Congo. This project involved the construction of a water purification plant with a capacity of processing 35,000 tons of water per day and [...]
SEOUL, Aug. 24 (Korea Bizwire) — Ediya Coffee, South Korea’s third-largest coffee franchise by sales, said Wednesday it will open a store in Guam in December in the latest move to seek growth beyond the saturated Korean coffee market. Ediya hopes its cafe near the Antonio B. Won Pat International Airport in the U.S. Pacific [...]