ANYANG, Sept. 2 (Korea Bizwire) — The families of four forced labor victims have withdrawn a request to seize what was believed to be assets of Japan’s Mitsubishi Heavy Industries Ltd. in South Korea, legal sources said Thursday. The families recently filed the withdrawal request with the Anyang branch of the Suwon District Court, just [...]
SEOUL, Sept. 2 (Korea Bizwire) — The environment ministry said Thursday it has forged agreements with water bottling companies across the country to supply label-free water products to local government offices and transportation service providers. The deals call on nationwide water companies to provide label-free water products to six metropolitan city government offices and 22 [...]
SEOUL, Sept. 2 (Korea Bizwire) — The South Korean arm of DHC Corp., a Japanese retailer of beauty and health products, said Thursday it will pull its business out following plunges in sales apparently driven by a nationwide boycott of Japan-made goods. DHC Korea Inc., which advanced in the country in April 2002, said on [...]
SEOUL, Sept. 2 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday that fourteen companies were participating in the launch of the ‘E-document Digital Transformation (DX) One Team’ to promote the rollout of e-document services. The mobile carrier will develop a blockchain-based e-document platform by leveraging its existing capability in digital [...]
SEOUL, Sept. 1 (Korea Bizwire) — South Korea’s Hyundai Motor Co. topped global hydrogen fuel-cell electric vehicle sales in the January-July period, a market research firm said Wednesday. Hyundai sold a total of 5,300 units of hydrogen-powered vehicles in the first seven months, beating Toyota Motor Corp. and Honda Motor Co., which sold 4,100 and [...]
SEOUL, Sept. 1 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, on Wednesday unveiled the mini SUV Casper in the latest move to diversify its product lineup. The Casper comes with a 1.0-liter multi-point injection engine or a 1.0-liter gasoline direction injection engine, the company said in a statement. Hyundai plans to launch [...]
SEOUL, Sept. 1 (Korea Bizwire) — The Korea International Cooperation Agency (KOICA), South Korea’s overseas aid agency, said Tuesday that it had donated 378 oxygen concentrators to the Nepalese government. Oxygen concentrators can help with the treatment of severe cases of COVID-19. With poor public health infrastructure, Nepal saw its number of cases average about [...]
SEOUL, Aug. 31 (Korea Bizwire) — POSCO, the world’s fifth-largest steelmaker by output, said Tuesday it has signed an initial agreement with Array Technologies Inc. to provide a corrosion resistant product to the U.S. manufacturer of ground-mounting systems used in solar energy projects. Under the memorandum of understanding inked virtually, POSCO will begin providing 200,000 [...]
SEOUL, Aug. 31 (Korea Bizwire) — Roughly 1 in 6 men who became fathers last year were 40 years or older. Statistics Korea reported that there were 45,974 men over 40 years of age who became fathers last year. A total of 272,337 babies were born last year, and among all 269,584 fathers–excluding 2,753 whose [...]
SEOUL, Aug. 31 (Korea Bizwire) — Group purchasing, in which buyers gather in groups to purchase goods at a discounted price, is emerging as a new field of e-commerce. Recently, sellers have voluntarily been calling on buyers to join group purchasing plans. LF, the apparel affiliate of LG Group, unveiled its cosmetics brand Athe’s two new lip [...]