By Reporter Kayla lee The Hanwha Business Group in Seoul announced on Aug. 8 that Hanhwa has nominated Kwon Hyuk-woong, president of Hanwha's support division, as the new CEO of Daewoo Shipbuilding & Marine Engineering on a promotion to the position of vice chairman. Former CEO Kim Jong-seo of the Hanwha Total Energy and former CEO Chung In-seop of Hanwha Energy were both nominated as members of the Board of Directors. Kwon is a KAIST graduate who has served as CEO of Hanwha Energy and Hanwha Total Energy. Since 2020, he has served as president of Hanwha Support Division, where he focused
By Reporter Kayla Lee Hyundai Motor will compete in the 2023 Nürburgring 24 Hours, the most gruelling automotive endurance race in the world, for the eighth consecutive year, seeking its third straight victory in the TCR class and first win in the VT2 class, the company said on May 3. As its name suggests, Nürburgring 24 Hours is a day-long annual touring car and GT racing event in Germany that takes place on a combination of tracks on a circuit that is affectionately known as the ‘Green Hell’. The nearly 25.4 km (15.8 mile) lap length allows more than 200 cars and over 700 drivers to particip
By Reporter Kayla lee K-food's popularity has been increasing day by day with 'Content Hallyu' on its back. Chicken is an indispensable food when discussing the popularity of K-food. From crispy fried chicken to seasoned chicken and chicken & beer. Korea's unique chicken food culture is dominating the world. Genesis BBQ, led by Chairman Yoon Hong-geun, is at the forefront of the "Chicken Hallyu." Starting with China in 2003, it has been operating 700 stores in 57 countries around the world in 19 years since it entered overseas markets, strengthening its position as a global restaurant bran
Diplomacy Journal 관리자 기자 | On April 19, CATL launched condensed battery, a cutting-edge battery technology at Auto Shanghai. With an energy density of up to 500Wh/kg, it can achieve high energy density and high level of safety at the same time in a creative manner, opening up a brand-new electrification scenario of passenger aircrafts. CATL can achieve mass production of condensed battery in a short period of time. To address the changes of the super high energy density materials resulting from electrochemical reactions, CATL's condensed battery leverages highly conductive biomimetic condensed
Editorial Writer Ms. Esi Han How often do you use maps in your daily life? Whether it's for finding your way around a new city, planning a road trip, or simply checking the weather forecast, maps play an essential role in helping us navigate and understand the world around us. A subway map is one of them. The prospect of starting a sudden trip can be daunting, but knowing that subway lines can get us to our destination on time brings a sense of comfort. At first glance, the complicated subway map can serve as a beacon of hope amidst the chaos of the journey. Maps that contain the maze of inter
Diplomacy Journal Lee Jung-Ha journalists The 50th Los Angeles Korean Festival for 2023 will be held on October 12th-15th in Los Angeles, CA. This is a festival which is organized by the Korean community in Los Angeles and participated by many people of various nationalities in the city of LA. The Los Angeles Korean Festival is considered a symbol of thriving Korean communities in the United States, widely known for hard work, honesty and love for their adopting country and people. ▲ Chairman Kim Jun-bae of the Organizing Committee of the Korean Festival in celebration of the 50th anniversary
Diplomacy Journal Lee Jung ha | SK Innovation held its 16th Annual General Meeting of Shareholders on the March 30 at SUPEX Hall in SK Building, Jongno-gu, Seoul. At the meeting, attended by SK Innovation Vice Chairman & CEO Kim Jun and CEOs of major subsidiaries, SK Innovation held its first “Dialogue with Shareholders” and expressed a strong commitment to enhancing corporate value. The company actively engaged in communication, including a Q&A session, with shareholders on current issues. In the meeting, shareholders approved the nominations of Kim Jun as Inside Director, Kim Joo-you
(Sustainable Development Goal #6: Clean Water and Sanitation) This report will explore the challenges associated with SDG #6: CLEAN WATER AND SANITATION. This sustainable development goal aims to achieve universal and equitable access to safe and affordable drinking water, and sanitation and hygiene for all human beings (United Nations, 2018). The supply of clean water is a must for life as well as basic hygiene, but many people are still dying because they do not have access to clean water. According to the UN, three out of ten people do not have access to safely managed drinking water and si
On May 16-18, the 32nd Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) will be held in Samarkand, under the general main theme - "Investing in Resilience". The event is expected to be attended by more than 2,000 guests from 73 countries, including representatives of foreign governments, heads of multinational corporations, international financial institutions and banks, experts in the field of economics, investment, finance and technology, as well as world media. The central theme of the event will be investing in ensuring the sustainabil
“The investment incentives and facilitations, export related programs and strategic trade networks that are already in place will create a win-win outcome for businesses from the Republic of Korea in Malaysia,” said Ruhizam Idris., director of MIDA Seoul. In an interview with The Korea Post media, publisher of 3 English and 2 Korean-language news publications since 1985, Ruhizam Idris said, “Both Malaysia and the Republic of Korea will enjoy the mutual recognition of industrial standards and test results of the conformity assessment procedures. “This will help to reduce the cost of doing busin
An India pavilion, at International Cosmetic and Pharmaceutical Industry (ICPI) Week-2023, was inaugurated on April 19 by Mr. Amit Kumar, Ambassador of India in Seoul. He was joined by representatives from Chemexcil, Pharmexcil, Indian Drug Manufacturing Association (IDMA) and Indian exporters. Around 60 Indian companies, from pharmaceutical, bio, cosmetics and fine chemicals sectors, participated in this exhibition. Ambassador Kumar interacted with exporters and assured them of all facilitation as our pharmaceuticals and chemical exporters seek growth in the ROK market. To mark 50 years of di