SEOUL, Jul. 26 (Korea Bizwire) – In a significant move to address climate change and bolster its export competitiveness, South Korea plans to establish a national industrial supply chain carbon data platform as early as 2026. This public-private initiative aims to facilitate the exchange of carbon data between companies linked through supply chains. The Ministry of [...]
SEOUL, Jun. 28 (Korea Bizwire) — South Korea’s industry ministry said Friday it has discussed ways to expand ties in addressing supply chain and export control issues with Washington under a regular bilateral dialogue. Industry Minister Ahn Duk-geun and his U.S. counterpart, Gina Raimondo, discussed related matters during the Supply Chain Commercial Dialogue (SCCD) in [...]
WASHINGTON, Jun. 26 (Korea Bizwire) — South Korea, the United States and Japan underscored their commitment to enhancing three-way cooperation on critical technologies, supply chains and other areas of economic security as they held their first trilateral ministerial meeting on the issue in Washington on Wednesday. South Korean Industry Minister Ahn Duk-geun, U.S. Commerce Secretary [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s industry ministry said Thursday it has agreed with Chile to seek broader ties in the supply chain of key minerals crucial to cutting-edge industries, including batteries. The agreement was reached with the Chilean Ministry of Mining during a meeting held in Santiago earlier this week to discuss a [...]
WASHINGTON, May 6 (Korea Bizwire) — South Korea has raised its automotive industry’s concerns with the United States over Washington’s inquiry and envisioned rules to address potential security risks from “connected vehicles” that use technology from China and other countries of concern. On April 30, the South Korean government submitted its comments to the U.S. [...]
SEOUL, Apr. 25 (Korea Bizwire) — Finance Minister Choi Sang-mok vowed Thursday to enhance South Korea’s crisis management capabilities regarding supply chains in close cooperation with the United States, Japan and other Indo-Pacific partners, the finance ministry said. Choi made the comment during an external economic ministers’ meeting in Seoul as he discussed the implementation [...]
WASHINGTON, Feb. 27 (Korea Bizwire) — A senior White House official on Tuesday portrayed South Korean enterprises operating in the United States as helping foster a robust supply chain ecosystem and create decent jobs, Seoul’s foreign ministry said. Lael Brainard, the director of the National Economic Council (NEC), made the point during a meeting with [...]
Transportation & Warehouse Operations Most Challenged by Resource Shortages ATLANTA, Georgia and LONDON, U.K., Jan. 30, 2024 (Korea Bizwire) – Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from its study How Bad Is the Supply Chain and Logistics Workforce Challenge?, which indicates that 76% of the supply chain [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korea will establish a government-wide commission to be in charge of deliberating and adjusting measures on the management of supply chains of major industry items, the finance ministry said Monday. The government also plans to create a fund to secure critical items and support investment in relevant facilities [...]
AMSTERDAM, March 9 (Korea Bizwire) – FourKites, provider of the world’s leading real-time supply chain visibility platform, today announced its new Net Zero initiative to help the world’s leading companies achieve their organizational goals to reduce supply chain emissions. As part of this announcement, FourKites unveiled Sustainability Hub, a suite of analytics tools to provide better visibility [...]