Latest News
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[OPINION] Vietnam is a Battleground – for Commerce and Investment
KENOSHA -- Last month after the G20 (Group of 20) meeting in India, President Joe Biden stopped in Hanoi to sign a historic agreement making the United States a top-level strategic
4 October 2023
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Online phishing attempts made using Coupang's official phone number
SEOUL -- Online phishing attempts were made using the official customer service phone number of Coupang, the South Korean counterpart of Amazon. The online commerce giant urged customers not to access the link provided through text messages. Online phishing is carried out by disguising themselves as popular companies or organizations. Hackers demand personal information such as their bank account numbers and passwords by making them access fake websites or smartphone apps. Hackers
4 October 2023
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S. Korea launches special management program for local festivals to prevent safety accidents
SEOUL -- In a bid to prevent tragic accidents like the Itaewon Halloween stampede accident that left 159 people dead and dozens of people injured in October 2022, South Korea has launched a special management program that will monitor and examine local festivals for possible safety hazards and prevent accidents. The night of Halloween on October 30, 2022, is remembered as one of South Korea's worst safety accidents. 159 people were killed and 76 others injured during a deadly stamp
4 October 2023
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Tuna maker Dongwon F&B to showcase plant-based tuna at German food fair
SEOUL -- South Korea's largest canned tuna maker Dongwon F&B will showcase plant-based tuna at ANUGA, a global food fair to be held on October 7 in Germany's western city of Cologne. During the five-day event, visitors can enjoy alternative tuna products. Dongwon F&B is known for "Dongwon Tuna," South Korea's favorite tuna brand. The canned tuna brand is often consumed along with rice and spicy instant noodles known as Ramyeon. According to Dongwon F&
4 October 2023
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S. Korean individual proprietors struggle to manage principal and interest payments
SEOUL -- Many South Korean self-employed individuals, who withstood the impacts of the COVID-19 pandemic and economic downturns through loans and government subsidies, are finding themselves in a position where they can no longer manage the principal and interest payments. The COVID-19 pandemic which hit South Korea in early 2019 was like the death sentence for individual business operators, especially those who operate small stores, restaurants, bars, and coffee shops, after the c
4 October 2023
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Hanwha Group launches subsidiary for cooperative robot production targeting global market
SEOUL -- South Korea's Hanwha Group has established a subsidiary that oversees the cooperative robot business. Targeting the global market, the new subsidiary will develop autonomous collaborative robots that can work with human coworkers in various sectors including security and food service. Cooperative robots, also known as cobots, are used especially at factories because of their autonomous operation functions and interactive capabilities. They can pick up tools and pass them t
4 October 2023
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Exports of Korean rice beer 'Makgeolli' surpass 15,000 tons in 2022, up 22.6% from 2020
SEOUL -- Exports of traditional Korean rice beer Makgeolli in 2022 reached 15,396 tons in 2022, up 22.6 percent from two years ago, state data showed. Major Makgeolli importers were Japan, the United States, and China. Makgeolli, also known as Korean rice wine or Korean rice beer, is a milky white-colored alcoholic beverage. The beverage normally made with rice contains about six to eight percent alcohol. Some brands are flavored with corn, chestnuts, and apples. The milky beverage was
3 October 2023
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SK Telecom to provide AI-based imaging assistant service 'X Caliber' for animal hospitals in Japan
SEOUL -- South Korea's major mobile carrier SK Telecom partnered with Japanese electronic medical record solution provider Anicom Pafe, to supply "X Caliber," an AI-based veterinary imaging assistant service to animal hospitals in Japan. The web-based service helps veterinarians read and diagnose images quickly. X Caliber, released in September 2022, was adopted by some 300 South Korean veterinary hospitals. It detects abnormal findings in dogs' musculoskeletal syst
3 October 2023