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Business Jason Wong says, “We will provide high-quality service for Korean firms to grow stronger in U.S. market”
By Yang Ryeo-jin KVAC officially held a ceremony to strike a bell at the Nasdaq exchange on August 15, 2023 US time. Among the guests attending the bell ceremony were Jason Wong, founder of KVAC Company, Huang Jiajun (Kenneth Wong), CEO of KVAC Company, the KVAC management team, the American General Business Association delegation, and many partners. At the bell ringing ceremony, KVAC Company CEO Kenneth Wong spoke on stage in anticipation of the company's future and bright prospects. The price of KVAC is $10 per share (one common share and one preemptive right), and the fundraising amount is
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- 2023-12-27 19:23
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Business FOMEK invites Mexican Ambassador Carlos Penafiel Soto to a meeting
By Lee Kap-soo The Federation of Middle Market Enterprises of Korea (FOMEK) invited Mexican Ambassador to Korea Carlos Penafiel Soto to a meeting of mid-sized businesses held at the Plaza Hotel on Aug. 18 and discussed specific support measures to resolve difficulties and support successful entry of mid-sized companies into Mexico. More than 20 people attended the meeting, including Mexican Ambassador to Korea Carlos Penafiel Soto and senior officials from mid-sized companies such as SIMPAC, Yura Corporation, Infac, Shinsung Delta Tech, Kodako, and Lee Ho-joon, full-time vice chairman of the F
- 관리자 기자
- 2023-12-27 19:07
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Business Hyundai Motor India signs ‘Asset Purchase Agreement’ with GM India
By Lee Kap-soo Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and the largest exporter since inception, signed an Asset Purchase Agreement (APA) on Aug. 16 for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra. Unsoo Kim, Managing Director and CEO of Hyundai Motor India Ltd., and Asifhusen Khatri, Vice President Manufacturing of General Motors India and General Motors International Operations, participated in the signing ceremony in Gurugram, Haryana. The APA covers the acquisition and
- 관리자 기자
- 2023-12-27 19:02
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Business Korea, Ecuador discuss steps to bolster supply chain cooperation
By Lee Kap-soo Minister for Trade Dukgeun Ahn held talks with Ecuador’s recently appointed Production, Foreign Trade, Investments and Fisheries Minister Daniel Legarda Touma on August 9 via videoconferencing to discuss measures to further the Korea-Ecuador Strategic Economic Cooperation Agreement (SECA) negotiation progress and strengthen bilateral cooperation in trade, investment and supply chain. The two countries broke the six-year hiatus in July last year by resuming Korea-Ecuador SECA negotiations in Seoul, followed by four official negotiation rounds and multiple sessions. During the tra
- 관리자 기자
- 2023-12-27 18:57
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Business The 8th Korea International Tourism Show (KITS) opens at KINTEX in Ilsan
By Lee Kap-soo The 8th Korea International Tourism Show (KITS), which examines the current status of the tourism industry, seeks ways to develop and predicts the future, will be held at Hall 3 of KINTEX's first exhibition hall in Ilsan in Gyeonggi Province from August 11 to 14. Last year, 396 booths from 181 companies, including 114 local governments, institutions, and 67 companies, participated in the 7th Korea International Tourism Fair, which was popular with 60 B2B consultations and 15,143 people in attendance. The organizing committee of the KITS expressed its ambition to develop the fair
- 관리자 기자
- 2023-12-27 18:56
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Business LG to share vision for a sustainable life at IFA 2023 in Berlin
By Kayla lee LG Electronics invites consumers from around the globe to experience its latest innovations at IFA 2023 in Berlin, Germany (September 1-5). Under the theme of Sustainable Life, Joy for All, the company will introduce the LG Sustainable Village and an evolved ecosystem of efficient, convenient and sustainable products and solutions designed to help create a better life for people and the planet. During IFA 2023, visitors to LG’s booth in Hall 18 at Messe Berlin can discover the advanced, eco-minded features and functions of the company’s newest offerings and learn about its compreh
- 관리자 기자
- 2023-12-27 18:53
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Business Ourhome signs MOU with Vietnam's FPT Education
By Lee Kap-soo Ourhome Vietnam Corporation (Vietnam Ourhome Co., Ltd.) announced on Aug. 7 that it has signed a business agreement with Vietnamese education company FPT Education to operate student restaurant food and beverage services. FPT Education is an education-related affiliate of FPT Group, Vietnam's largest information and communication technology conglomerate. It started the establishment of private schools in 2020 with the aim of fostering global IT talent, and currently operates 10 schools across Vietnam. Major officials, including Kim Hwan-sun, head of Ourhome's overseas business d
- 관리자 기자
- 2023-12-27 18:52
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Business Daejeon University signs an MOU with Vietnamese firm ARAR
By Lee Kap-soo Daejeon University (President Nam Sang-ho) LINC 3.0 Project Group, led by Director Lee Young-hwan, announced on Aug. 7 that it recently signed a business agreement with the local company ARAR (Automation Technology Joint Stock Company) in Ho Chi Minh City, Vietnam for revitalizing the local economy and supporting the stable growth of young people through mutual exchange and cooperation. Through this agreement, the two organizations will cooperate in various fields, such as △ establishing and operating a shared cooperative network with universities, local companies, and local gov
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- 2023-12-27 18:50
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Business Trade Minister Lee meets with U.S.' Ways & Means Committee members to bolster trade relations
By Anna Kim Korea’s Trade, Industry and Energy Minister Lee Chang-yang and Minister for Trade Dukgeun Ahn met with the House Committee on Ways and Means, led by Congressman Jason Smith, on July 31 in Seoul to discuss the U.S. Inflation Reduction Act (IRA), CHIPS and Science Act, energy cooperation and other Korea-U.S. industrial and trade issues. Meanwhile, Korea’s Trade, Industry and Energy Vice Minister Jang Young-jin held a briefing session on Korea-U.S. industrial technology R&D on August 1 (local time) in San Francisco and conveyed the Korean government’s stance on international coope
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- 2023-12-27 18:44
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Business K-water seeks cooperation with ambassadors from 5 Mekong River basin countries
By Kayla lee K-water held a meeting with ambassadors from five countries in the Mekong River basin, including Cambodia, Laos, Myanmar, Thailand and Vietnam, at the Han River Basin Headquarters in Gwacheon, Gyeonggi Province on Aug. 1. At the meeting, K-water shared the current status of projects being pursued in the Mekong River basin, including the expansion of water facilities in Batambang Province, Cambodia, and the establishment of a climate-adaptive flood example and warning system for the Sebanghiyang River basin in Sawanaket, Laos. In addition, they discussed ways to cooperate through t
- 관리자 기자
- 2023-12-27 18:43
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Business BPA signs MOU with Ishikawa Prefecture, Japan for port logistics cooperation
By Kayla lee The Busan Port Authority (BPA) announced on Aug. 4 that it signed an MOU for logistics-linked cooperation with Ishikawa Prefecture, a port authority at Kanazawa Port in Japan, at the Busan Port International Passenger Terminal in Dong-gu on Aug. 3. Kanazawa Port, located on the west coast of Honshu, Japan, is geographically adjacent to Busan Port and has eight Busan routes per week, and large shippers such as Komatsu, the world's second-largest heavy equipment company, use the route. BPA President Kang Joon-seok said, “Through the signing of this MOU, we will strive to facilitate
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- 2023-12-27 18:42
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Business President Yoon meets with ASML CEO Peter Wennink for semiconductor collaboration
By Reporter Anna Kim President Yoon Suk-yeol met with Peter Wennink, the CEO of ASML, a Dutch semiconductor company, on July 28 at the Presidential Office in Yongsan, during his visit to South Korea. This meeting between President Yoon and CEO Wennink is the second one following the bilateral summit between South Korea and the Netherlands in November last year, which aimed to foster cooperation among semiconductor companies. ASML, the world's leading semiconductor lithography equipment manufacturer, had a groundbreaking ceremony for the "ASML Semiconductor Equipment Cluster" in Hwaseong City,
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- 2023-12-27 18:40
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Business Korea, Australia discuss investment cooperation in LNG and hydrogen
By Reporter Anna Kim Minister of Trade, Industry and Energy Lee Chang-yang has decided to establish supply chains for key resources such as minerals and liquefied natural gas (LNG) with Australia and create conditions for corporate investment. Minister Lee met Australian Climate Change and Energy Minister Chris Bowen in Seoul on July 25 to secure key resources such as minerals and LNG and strengthen cooperation in carbon-neutral areas such as clean hydrogen, green steel, carbon capture and storage (CCS). Regarding CCS cooperation, which is a way for the two countries to achieve carbon neutrali
- 관리자 기자
- 2023-12-27 18:39
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Business LG advocates Busan’s bid for World Expo 2030 at Amundi Evian Championship in France
By Reporter Anna Kim LG Electronics is promoting South Korea’s second largest city’s bid for World Expo 2030, at The Amundi Evian Championship 2023, one of the five major LPGA (Ladies Professional Golf Association) tournaments. LG has supported this prestigious event as an official sponsor since 2017. The tournament began on July 28 and will run until July 30 at the Evian Resort Golf Club in France. In an effort to carry out its mission to support Busan’s bid to host the World Expo, LG will screen its promotional video during The Amundi Evian Championship. Last year, the company also engaged i
- 관리자 기자
- 2023-12-27 18:38
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Business Ambassador of Ukraine discusses post-war reconstruction projects with HD Hyundai
By Reporter Anna Kim HD Hyundai announced on July 27 that Dmytro Ponomarenko, the Ukrainian ambassador to Korea, visited Pangyo HD Hyundai Global R&D Center (GRC) and discussed the reconstruction project with Cho Young-chul, president of HD Hyundai Site Solution. President Cho introduced HD Hyundai's construction machinery business here and shared information on the visit of Korean economic mission to Poland, where Korean companies participated on July 14. The two sides agreed to discuss ways to cooperate with Ukraine's reconstruction project and continue to establish a cooperative system.
- 관리자 기자
- 2023-12-27 18:37
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1
Buddha's birthday celebrated with blessing ceremony at temples nationwide
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SML Biopharm of Korea signs MOU with Affilogic of France
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US Cardinal Robert Prevost elected as Pope Leo XIV
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Thai Amb. Sangrat lends support to Cheongju Airport runway construction
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5
'British Cultural Village' to be built in Gangseo-gu, Busan
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SK bioscience and KDCA initiate development of Avian influenza vaccine
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2025-05-09 16:29
Iraq opens new horizons for global investment in its reconstruction projects
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2025-05-09 14:02
Ecuadorian Ambassador Suarez meets with KOIMA Chairman Yoon
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2025-05-09 12:01
The Embassy of Morocco and KAPV jointly organize int’l conference
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2025-05-09 10:37
US Cardinal Robert Prevost elected as Pope Leo XIV
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2025-05-08 16:38
SML Biopharm of Korea signs MOU with Affilogic of France
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 05월 09일 16시 29분