Latest News
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HMM works with oil refiner GS Caltex to demonstrate bio fuel-based container ship
SEOUL -- HMM, the world's eighth-largest marine shipping company controlled by creditors in South Korea, will demonstrate the country's first biofuel-based container ship powered by GS Caltex, a main domestic oil refiner. After departing from South Korea's southern port city of Busan, HMM's ship will head to Brazil. Biofuel is produced using plant-based or animal-based oil such as cooking oil from fast food restaurants or palm oil. Biodiesel, one of the most widely reco
15 September 2023
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Foreign tourists revisit Seoul mainly because of Korean food: survey
SEOUL -- A survey conducted by Seoul City showed that most foreigners revisit the capital city to taste Korean food again. The second primary reason for the revisit was shopping and the third was because they were satisfied with the country's weather and seasons. In a survey of 500 expats who visited South Korea more than once jointly conducted Seoul Tourism Organization, the "K-food" section received the highest score of 79.5, followed by "shopping" (73.2), an
15 September 2023
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McDonald's Korea adopts voice guidance function for kiosks to help visually impaired
SEOUL -- To help visually impaired customers, the South Korean office of McDonald's has applied a voice guidance function to its kiosks. South Korea became the second country with McDonald's restaurants to adopt the voice system after the United States and the first in Asia. McDonald's Korea said in a statement on September 15 that the voice guide function was adopted for its digital kiosks. Because the kiosks can be connected to earphones, visitors can easily choose their
15 September 2023
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LG Chem partners with Italy's Eni SM to build hydrotreated vegetable oil plant
SEOUL -- LG Chem will work with Eni SM, a state-run energy company in Italy, to build a factory that produces hydrotreated vegetable oil, a bio-based fuel that can be made through the process of either hydrocracking or hydrogenation of vegetable oil. Because the eco-friendly fuel has an extremely low freezing point, it can be used as aviation fuels or raw materials in the petrochemical industry. Hydrocracking uses hydrogen to break down large molecules into smaller ones while hydrogene
14 September 2023
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Business forum held in Seoul to improve supply chain cooperation between S. Korea and China
SEOUL -- At a business forum designed to enhance supply chain infrastructure between South Korea and China, scholars from the two nations presented cooperation plans in various fields including semiconductors, secondary batteries, and biopharmaceuticals. The event, hosted by China Construction Bank, was attended by the Chinese Ambassador to South Korea. Data released by South Korea's trade ministry showed that a total of 126 companies returned home between 2014 and 2022 after expan
14 September 2023
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Turkish industry minister asks S. Korean companies to increase investments in Türkiye
SEOUL -- Turkish industry minister Mehmet Fatih Kacir has called for additional investments from South Korean companies in the Turkish market. At a conference in Seoul, Kacir urged that his country could play the role of a bridgehead for South Korean companies into the European market. During his four-day trip in South Korea, the minister met with officials from Samsung Electronics, Hyundai Motor, and LG Electronics. Türkiye, straddling the divide between Europe and Asia, recorde
14 September 2023
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Urban air mobility maps to be distributed to S. Korea's defense ministry and local governments
SEOUL -- South Korea's transport ministry will provide maps for urban air mobility, an ecosystem involving flying passenger vehicles in urban areas, to related organizations including the defense ministry, local city governments, and a private drone association. The map contains information on flight restrictions, prohibited airspace, and obstacles such as high-voltage lines. Urban air mobility (UAM) infrastructure includes vertiports and a control system. Aerial vehicles are requi
13 September 2023
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N. Korea fires ballistic missiles prior to summit meeting with Russia
SEOUL -- Ahead of North Korean leader Kim Jong-un's summit meeting with Russian President Vladimir Putin, North Korea fired two short-range ballistic missiles into the East Sea. This is the first time that Pyongyang has fired a ballistic missile when the leader is abroad. The South Korean Joint Chief of Staff (JCS) detected two short-range ballistic missiles (SRBMs) that were fired from near Sunan District in northwestern Pyongyang, from around 11:43 p.m. (1443 GMT) to 11: 53 p.m.
13 September 2023