SEOUL, Aug. 14 (Korea Bizwire) — President Lee Jae Myung spoke by phone with Philippine President Ferdinand Marcos Jr. on Thursday and discussed ways to expand cooperation in trade, infrastructure and shipbuilding, Lee’s office said. In their first conversation since Lee took office in early June, the two leaders noted that South Korea has become [...]
SEOUL, Aug. 14 (Korea Bizwire) — The trade minister met with the Japanese ambassador to South Korea on Thursday and discussed ways to strengthen the countries’ economic partnership amid growing uncertainties in the global trade environment, officials said. Trade Minister Yeo Han-koo met with Amb. Koichi Mizushima in Seoul earlier in the day, as President [...]
SEOUL, Aug. 14 (Korea Bizwire) — Foreign Minister Cho Hyun held a phone conversation with his Jordanian counterpart, Ayman Safadi, to discuss cooperation and current affairs, including the situation in Gaza, the ministry said Thursday. The two top diplomats exchanged views on bilateral relations and the political situation in the Middle East, and affirmed their [...]
SEOUL, Aug. 14 (Korea Bizwire) — The South Korean government will create an interagency task force to support a shipbuilding partnership with the United States, a project officials say could open new markets for Korean shipyards while aiding the revival of America’s own maritime industry. Industry Minister Kim Jung-kwan announced the plan on Thursday during [...]
SEOUL, Aug. 13 (Korea Bizwire) — President Lee Jae Myung and Saudi Crown Prince Mohammed bin Salman agreed to further strengthen the two countries’ cooperation as they held phone talks Wednesday, Lee’s office said. In their first phone call since Lee’s inauguration in June, the two leaders noted bilateral cooperation has expanded beyond the traditional [...]
SEOUL, Aug. 13 (Korea Bizwire) — HD Hyundai, South Korea’s leading shipbuilding group, said Wednesday that senior government officials from South Korea and the United States visited its shipyard to discuss ways to expand bilateral cooperation in the shipbuilding sector ahead of a summit between their top leaders. Foreign Minister Cho Hyun; Joseph Yun, acting [...]
SEOUL, Aug. 13 (Korea Bizwire) – President Lee Jae Myung will visit Japan from Aug. 23-24 for summit talks with Japanese Prime Minister Shigeru Ishiba to discuss ways to advance bilateral relations and trilateral partnership with the United States, the presidential office said Wednesday. Lee will make a two-day visit to Japan before traveling to [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korea’s transport ministry said Wednesday it has introduced a new system with the U.S. Transportation Security Administration (TSA) allowing air travelers from Incheon to Atlanta to connect to onward flights without having to reclaim and recheck their baggage. The ministry said it has begun implementing an international remote [...]
SEOUL, Aug. 13 (Korea Bizwire) — Samsung Display Co. has virtually won a U.S. lawsuit against BOE Technology Group Co., with Washington’s trade watchdog imposing a near 15-year import ban on the Chinese rival’s organic light-emitting diode (OLED) panels, sources said Wednesday. According to the sources, the U.S. International Trade Commission (ITC) made a preliminary [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG CNS Co., an information technology affiliate of South Korea’s LG Electronics Inc., said Tuesday it has signed an agreement to build an artificial intelligence (AI) data center in Vietnam. A memorandum of understanding (MOU) was signed with Vietnam Posts and Telecommunications Group (VNPT) and Korea Investment Real Asset [...]