DAEGU, May 29 (Korea Bizwire) — At the 2025 International Fire Safety Expo in Daegu, South Korea, Hyundai Motor Group and the National Fire Agency unveiled a next-generation unmanned firefighting vehicle, drawing significant attention for its autonomous precision and disaster-response capabilities. The vehicle—developed by Hyundai Rotem and based on the multi-purpose unmanned platform HR-Sherpa—is designed [...]
SEOUL, May 29 (Korea Bizwire) — General Motors’ South Korean unit has announced plans to sell off domestic service centers and production facilities, fueling renewed speculation that the Detroit-based automaker may be preparing to wind down its presence in the country. On Thursday, GM Korea informed employees of its decision to divest nine company-owned service [...]
SEOUL, May 29 (Korea Bizwire) — SPC Samlip Co., a confectionery unit under SPC Group, said Thursday it will discontinue its popular “KBO Bread” line following a fatal accident at one of its factories. “After consultation with the Korea Baseball Organization (KBO), the production of KBO Bread will be halted,” the company said in a [...]
SEOUL, May 29 (Korea Bizwire) — Hanwha Ocean Co., a major South Korean shipbuilder, said Thursday it has signed preliminary agreements with two Polish shipyards to cooperate on naval vessel construction and maintenance. The company signed separate memorandums of understanding (MOUs) with PGZ SW and Nauta Shipyard during the ongoing International Maritime Defense Industry Exhibition [...]
SEOUL, May 29 (Korea Bizwire) — An appellate court on Thursday upheld a lower court’s verdict that Samsung C&T has no obligation to pay U.S.-based hedge fund Elliott some 26.7 billion won (US$19.3 million) in delayed interests over the 2015 merger of two Samsung units. The Seoul High Court dismissed an appeal filed by the [...]
SEOUL, May 29 (Korea Bizwire) — The Genesis GV70 sport utility vehicle has been recognized by top automotive publications in the United States and Canada as one of the best premium sport utility vehicles (SUVs) on the market, Genesis said Thursday. The independent premium auto brand of South Korea’s Hyundai Motor Group recently held an [...]
SEOUL, May 29 (Korea Bizwire) — The state-run Korea Electric Power Corp. (KEPCO) has been in talks with Vietnam, Saudi Arabia, Turkey and other countries over potential nuclear power plant deals, the company said Thursday. KEPCO said a number of countries, including the three, are interested in South Korea’s experience and capabilities proven by successfully [...]
SEOUL, May 29, 2025 (Korea Bizwire) — With forecasts pointing to another record-breaking heatwave this summer, South Korea’s construction industry is ramping up health and safety measures to protect outdoor workers from heat-related illnesses. Major construction firms have begun implementing advanced heat-response protocols ahead of new amendments to the Industrial Safety and Health Act, set [...]
MANILA, May 29 (Korea Bizwire) — Korean dramas are not just winning hearts in the Philippines — they’re reshaping drinking habits, too. Fueled by scenes of characters sharing drinks over grilled pork belly or mixing soju and beer, a growing number of Filipinos in their 20s and 30s are embracing Korea’s iconic green-bottle liquor. At [...]
SEOUL, May 29 (Korea Bizwire) — The South Korean government has launched a major initiative to develop core technologies for robot-friendly buildings, aiming to reshape the urban built environment for seamless human-robot coexistence. The Ministry of Land, Infrastructure and Transport announced Wednesday that it will invest ₩180 billion (approximately $135 million) over the next three [...]