KGC’s new products sold out in two weeks
Jung Kwan Jang’s ginseng oil product, dubbed RXGIN Clean, has won the hearts and minds of customers as it sold out in just a few weeks after its launch late last month.
Korea...
Two outfits will cooperate in the hydrogen industry
South Korea’s H2Korea announced on Sept. 19 that it had inked a memorandum of understanding with TUV Rheinland, a German certification organization, to boost the hydrogen economy.
Under the contract, the two outfits...
Sales ban in France affects Korean government
The South Korean government said on Sept. 17 that it had launched a probe into the iPhone 12 of Apple due to the controversies regarding the smartphone in Europe.
Recently, France tested 141 handsets...
Korean steel giant joining hands with CF Industries
South Korean steelmaker POSCO Holdings said on Sept. 14 that it would join hands with CF Industries, the world’s largest producer of ammonia, to build a low-carbon clean ammonia plant in the...
Korean telecom operator offering its AI platform
South Korea’s leading telecom operator KT announced on Sept. 11 that it had teamed up with Singapore Post to test an artificial intelligence-based logistics system.
Under the agreement, the two companies will launch a...
Korean ride-hailing service advances into new markets
South Korea’s Kakao Mobility announced on Sept. 8 that the corporation would launch its ride-hailing service Kakao Taxi in the United States and Australia this year.
Kakao Mobility, which presently offers limited services in...
The CEO will also take charge of corporate sustainability
iKEA Korea announced on Aug. 31 that Isabel Puig would take charge of the company beginning on Sept. 1, along with the role of chief sustainability officer.
Under the stewardship of Isabel,...
Korean outfit expects generative AI will not replace people
The full-fledged adoption of generative AI like ChatGPT from OpenAI can affect the finance and insurance businesses most, according to the Korea Chamber of Commerce and Industry (KCCI) on Aug. 28.
Unlike...
SPC, Tous Les Jours trying to make their presence felt overseas
South Korea's leading food and bakery companies are briskly tapping into the United States headed by primary brand Paris Baguette and No. 2 player Tous Les Jours.
SPC Group, which...
Korea strives to expand new markets for pets
Animal hospitals and pet shops will be allowed to sell insurance products for companion animals in South Korea beginning next year, according to the country’s Ministry of Agriculture, Food and Rural Affairs...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
