SEOUL, Oct. 12 (Korea Bizwire) — South Korea will be fully prepared for any scenarios related to the ongoing conflict between Israel and Palestinian militant group Hamas to minimize its impact on inflation and the broader economy, a senior finance ministry official said Thursday. First Vice Finance Minister Kim Byoung-hwan made the remarks while presiding [...]
WASHINGTON, Oct. 10 (Korea Bizwire) — The reigniting of the Israel-Hamas conflict, coupled with Russia’s ongoing war in Ukraine, could shift the United States’ attention further away from North Korea’s nuclear quandary, analysts said Tuesday. The conflict flared up following the Palestinian militant group’s deadly surprise attack on Israel on Saturday, as Washington’s stated commitment [...]
SEOUL, Oct. 10 (Korea Bizwire) – A South Korean passenger jet carrying dozens of citizens is set to return home from Israel, the foreign ministry said Tuesday, after violence erupted between Israel and Palestinian Islamist group Hamas. The Korean Air Co. flight carrying 214 passengers, including 192 Korean nationals, departed from Tel Aviv at 1:50 [...]
SEOUL, Oct. 10 (Korea Bizwire) — President Yoon Suk Yeol instructed the government Tuesday to thoroughly prepare safety measures for South Korean residents and travelers in Israel amid its escalating conflict with the Hamas militant group. Yoon gave the instruction during a Cabinet meeting, while noting that the conflicts in Ukraine and the Middle East [...]
SEOUL, May 18 (Korea Bizwire) — LG Chem Ltd. said Thursday it has won a contract to exclusively supply its key filter membrane product for a large-scale water desalination project in Israel. LG Chem will supply some 30,000 reverse osmosis (RO) membranes to a joint desalination plant led by two Israeli companies — Shapir Engineering [...]
SEOUL, Nov. 4 (Korea Bizwire) — A street in Jerusalem, Israel is home to a small restaurant where visitors can eat as much instant noodles, or “ramyeon” in Korean, as they want for free. Bethel Ramyeon was first opened by the Korea-Israel Club during the pandemic and has been in operation for over a year. [...]
TEL AVIV, Israel, Aug. 30 (Korea Bizwire) — Thousands of Muslim families with small children from the Palestinian Authority and war-ravaged Arab nations across the Middle East have been resettled in Israel after fleeing to the country following conflict in their home states, thanks to an initiative backed by the philanthropic Agnes & Beny Steinmetz Foundation. [...]
QUEBEC and TEL AVIV, Israel, May 24 (Korea Bizwire) – LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce the official grand opening of LeddarTech’s Sensor Fusion and Perception Development Center in Tel Aviv, Israel, June 9 at 3:00 p.m. (IST). The event will [...]
SEOUL, April 12 (Korea Bizwire) — South Korea and Israel agreed Tuesday to invest US$5.3 million in the joint development of robot technologies in an effort to boost technological cooperation, Seoul’s industry ministry said. The two countries announced the joint investment program for the development of robotics technology, named the Lighthouse Program, during a launch [...]
SEOUL, Oct. 21 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of Hanwha Group, said Thursday it has signed partnership deals with two Israeli defense companies to push for its export of an advanced radar system and cooperation in aviation technologies. Hanwha Systems said it clinched the agreements with Israel’s Elta Systems [...]