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Business Hyundai Motor Group launches Next Urban Mobility Alliance (NUMA)
By Diplomacy Journal Lee Kap-soo Hyundai Motor Group on Sept. 1 officially launched the Next Urban Mobility Alliance (NUMA), a public-private partnership initiative to transform urban transportation environments through advanced mobility technologies. The alliance aims to address social and environmental challenges by fostering inclusive mobility innovation and accelerating the transition to smart cities. The launch ceremony, held at the Grand Walkerhill Seoul, marked the formal establishment of NUMA’s open collaboration framework, bringing together government, industry, academia and research
- Lee 기자
- 2025-09-02 16:47
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Business LG Electronics signs an MOU with UK-based Octopus Energy Group
By Diplomacy Journal Kayla Lee LG Electronics (LG) has signed a memorandum of understanding (MOU) with UK-based Octopus Energy Group Ltd. (Octopus Energy) on Sept. 2 to strengthen its presence in Europe’s clean technology sector. The partnership will combine LG’s advanced, high-efficiency heating and cooling solutions with Octopus Energy’s AI-driven energy software platform, Kraken, to accelerate the transition to sustainable energy in Europe. The MOU signing ceremony took place on August 28 (local time) at Octopus Energy’s London headquarters. Attendees included Thomas Yoon, head of LG’s Over
- Kayla Lee 기자
- 2025-09-02 16:18
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Business SK Group and TerraPower strengthen strategic partnership
By Diplomacy Journal Lee Kap-soo SK Group Chairman Chey Tae-won and Bill Gates, founder and Chairman of TerraPower, recently met in Seoul to discuss strategic cooperation for the development and commercialization of the Natrium® technology by TerraPower, of which SK is an investor, the group said on August 27. Also attending the dinner were Ahn Jae-yong, CEO of SK bioscience; Kim Moohwan, Head of the Energy Solution Business at SK Innovation; Chey Yoon-Jung, Head of Business Development at SK Biopharm; and Chris Levesque, President and CEO of TerraPower. At the meeting, Chairman Chey commented
- Lee 기자
- 2025-09-02 16:01
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Diplomacy The “International Streaming Festival 2025” for streaming industry held in Busan
By Diplomacy Journal Kayla Lee The Ministry of Science and ICT hosted the “International Streaming Festival 2025” (hereinafter, the Festival)—Korea’s only international event dedicated to the streaming industry (OTT and FAST)—from August 22 to August 25, 2025, at Paradise Hotel Busan and the Busan Cinema Center. Now in its third year, the Festival co-hosted with Busan Metropolitan City under the theme “Streaming What’s Next.” It is designed to support global business exchange and cooperation for Korean OTT, FAST, content, and AI-media companies—creating opportunities for overseas expansion and
- Kayla Lee 기자
- 2025-09-02 15:28
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Diplomacy 3rd Korea-Malaysia Climate Change Dialogue held in Kuala Lumpur
By Diplomacy Journal Kayla Lee The 3rd Korea-Malaysia Climate Change Dialogue to strengthen cooperation between Korea and Malaysia on responding to climate change was held on August 25, in Kuala Lumpur, Malaysia. The meeting was led by Chung Keeyong, Ambassador and Deputy Minister for Climate Change from Korea’s Ministry of Foreign Affairs and Datuk Nor Yahati binti Awang, Deputy Secretary General for Environmental Sustainability at Malaysia’s Ministry of Natural Resources and Environmental Sustainability, as chief delegates. Officials from related government ministries and agencies, including
- Kayla Lee 기자
- 2025-09-02 15:02
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Business Foreign card use in the 2nd quarter in Korea sets a record high of $3.8 billion
By Diplomacy Journal Lee Kap-soo Foreign card spending in the country in the second quarter of the year broke a record high thanks to the popularity of Korean content, Korea.net reported on Aug. 28.. The Bank of Korea on Aug. 26 released data saying domestic card use by non-residents rose 38.2% from the first quarter to USD 3.79 billion (KRW 5.28 trillion). The previous record was USD 3.38 billion in the fourth quarter last year. The ratio of card use in the country by non-residents to overseas card spending by residents was also 69%, the highest since the fourth quarter of 2016. Domestic medi
- Lee 기자
- 2025-09-02 14:15
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Business SK bioscience submits IND to the Ministry of Food and Drug Safety
By Diplomacy Journal Lee Kap-soo SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced on Sept. 2 that it has submitted an IND (Investigational New Drug application) to the Ministry of Food and Drug Safety for a global Phase 3 clinical trial of SKYVaricella to add the 2-dose (two-shot) indication, aligning with evolving international standards that increasingly recommend two doses to provide stronger, longer-lasting protection against varicella. The trial will evaluate the immunogenicity and safety of two doses in
- Lee 기자
- 2025-09-02 11:51
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Diplomacy Singapore Ambassador Wong Kai Jiun visits Gyeongju for APEC cooperation
By Diplomacy Journal Kayla Lee Ambassador Wong Kai Jiun of Singapore to Korea visited Gyeongju on August 29 and met with Mayor Ju Nak-young of Gyeongju, and explored future-oriented exchange and cooperation plans between the two countries alongside APEC. This visit held particular significance as next year marks the ‘50th Anniversary of Diplomatic Relations between Korea and Singapore’. Singapore, a founding member of APEC alongside Korea, hosted the ‘17th APEC Summit’ in 2009. The APEC Secretariat is currently based in Singapore. Ambassador Wong Kai Jiun, appointed last June as Ambassador to
- Kayla Lee 기자
- 2025-09-02 11:08
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Arts-Culture [Publisher Damwha Column] K- Folk Painting: A future asset transcending tradition to color the world
By Diplomacy Journal Lee Jon-young K-Folk Painting (Minwha) is not merely an old painting. It is a living art imbued with the hopes, lives, humor, and wisdom of Koreans, and today it has become a vital pillar of K-culture spreading globally. Recently, K- Folk Painting has formed a massive cultural ecosystem domestically, with a population of over 200,000 artists, enthusiasts, and students. This goes beyond simple painting, connecting to education, publishing, merchandise, and tourism industries, becoming a foundation for creating boundless added value. The response overseas is particularly ast
- 이존영 기자
- 2025-09-02 10:23
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Local Korea’s 1st driverless autonomous shuttle to run in Seoul
By Diplomacy Journal Lee Kap-soo The Seoul Metropolitan Government (SMG) announced to roll out Korea’s first driverless autonomous shuttle, equipped with next-generation automotive design and advanced self-driving technology, along the Cheonggyecheon Stream as early as late September. The new shuttle was developed and built using domestic technology by Korea’s leading autonomous driving company Autonomous A2Z. Designed specifically for autonomous operation, the vehicle has no driver’s seat or steering wheel. The vehicle is a small bus (i.e., 11-seater with 9 seats) designed from the ground up
- Lee 기자
- 2025-09-01 16:51
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Global Korea and UAE hold 8th Joint Committee on Water Resources Cooperation
By Diplomacy Journal Kayla Lee The Ministry of Environment held the 8th Korea-United Arab Emirates (UAE) Joint Committee on Water Resources Cooperation at the Han River Flood Control Office in Seocho-gu, Seoul on August 27. In February 2024, the UAE, under the leadership of the President, launched the “Mohamed bin Zayed Water Initiative” to address the global water shortage crisis, devoting national capacity to developing innovative and sustainable water management solutions and strengthening international cooperation. In April of the same year, record rainfall caused damage in the Dubai area,
- Kayla Lee 기자
- 2025-09-01 16:25
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Business LG brings seamless, evolving smart home experiences to Europe
By Diplomacy Journal Lee Kap-soo LG Electronics (LG) is ushering in a new era in the European smart home appliance market with the introduction of its groundbreaking AI platform, LG ThinQ AI. Taking center stage at the company’s IFA 2025 exhibit, LG ThinQ AI integrates the ThinQ UP and ThinQ Care services to provide a personalized, ever-evolving customer experience along with proactive appliance management. This innovative platform advances LG’s core product technologies through AI and usage data analysis, optimizing the product experience and enhancing customers’ overall quality of life. LG w
- Lee 기자
- 2025-09-01 16:06
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Business POSCO Group and JSW Steel of India sign heads of agreement
By Diplomacy Journal Kayla Lee POSCO Group, South Korea’s global leader in steel production, and India’s leading steelmaker JSW Steel have signed a non-binding Heads of Agreement (HoA) on August 18 to jointly explore setting up a 6 million tonnes per annum (MTPA) integrated steel plant in India. The agreement marks a significant step toward deepening strategic collaboration between two of the world’s most respected steel companies. This HoA builds on the Memorandum of Understanding (MoU) signed by both parties in October 2024 and outlines the broad framework for the proposed 50:50 joint ventur
- Kayla Lee 기자
- 2025-09-01 15:42
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Business HD Hyundai Vice Chairman Chung meets with TerraPower Chairman Bill Gates
By Diplomacy Journal Lee Kap-soo Executive Vice Chairman Chung Kisun met with TerraPower leadership, including chairman and founder Bill Gates in Seoul, Korea, HD Hyundai announced on August 22. The group reviewed progress on supply chain expansion and the commercialization of Natrium reactors, as well as discussed future cooperation opportunities. The meeting between the company leaders marked a first reunion in five months since initial talks in the United States last March. During the previous meeting, HD Hyundai and TerraPower signed a memorandum of understanding (MOU) to expand the global
- Lee 기자
- 2025-09-01 15:04
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Business Korever Company signs strategic partnership with Türkiye’s Medicana Health Group
By Diplomacy Journal Lee Kap-soo Seoul-based global consulting firm Korever Company (CEO Rahil Ahmadova) announced the signing of a strategic partnership agreement with Medicana Health Group, Türkiye’s largest private healthcare provider, on August 28, 2025. The agreement was concluded jointly with Eventi Venti (CEO Ece Sandalli), Korever Company’s local partner in Türkiye. Through this partnership, Korever Company will prioritize linking advanced medical technologies and solutions from Korea and Asia with Medicana’s hospital network, while pursuing collaborative initiatives such as joint rese
- Lee 기자
- 2025-09-01 14:32
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1
President Lee holds first phone call with Tajikistan President Rahmon
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Third UN Conference on Landlocked Developing Countries held in Turkmenistan
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3
Korever Company signs strategic partnership with Türkiye’s Medicana Health Group
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4
“Chhattisgarh is the growth engine of central India”
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5
HS Hyosung awards scholarships to students in Alabama, the US
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“Uruguay continues to build with Korea a future-oriented partnership”
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2025-09-02 16:47
Hyundai Motor Group launches Next Urban Mobility Alliance (NUMA)
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2025-09-02 16:18
LG Electronics signs an MOU with UK-based Octopus Energy Group
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2025-09-02 16:01
SK Group and TerraPower strengthen strategic partnership
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2025-09-02 15:28
The “International Streaming Festival 2025” for streaming industry held in Busan
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2025-09-02 15:02
3rd Korea-Malaysia Climate Change Dialogue held in Kuala Lumpur
Address: Doosan We've Pavilion 1203, Sambong-ro 81, Jongno-gu, Seoul
Date of first registration: Founded in 1996 as UN News, changed its name to The Diplomatic Journal in 2009
Registration No.: Jongno Ra00125/ Registration Date: 2009-04-14/ Registration Number: Seoul 아54606 / Registration Date: Dec. 13, 2022
Publisher: Damwha Media Group Chairman Lee Jon-young
Editor in Chief: Lee Jon-young/ Vice Chairman: Chung Bo-won/ Standing Advisor Lee Keon-chan / Senior Editorial Writer Ko Jae-hwe / Editorial Writer Lee Se-hoon / Managing Editor Lee Kap-soo/ Cultural Editor Lee Joon-seok/ Political Editor Lim Han-choong/ U.S. Branch Head Kim Joon-bae/ Business Editor Kayla Lee
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UPDATE: 2025년 09월 02일 16시 47분