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Business Samsung Chairman Lee Jae-yong acquitted of unfair merger charges
By Diplomacy Journal Lee Kap-soo Samsung Electronics Executive Chairman Lee Jae-yong was cleared of all charges related to the alleged “illegal succession,” including the unfair merger of Samsung C&T and Cheil Industries and accounting fraud, on July 17, 2025. According to the business and legal communities, the prosecution charged Lee and others, stating, “As vice chairman of the Samsung Group at the time, Lee illegally interfered in the merger process between Samsung C&T and Cheil Industries in 2015 to secure management succession and strengthen the group's control.” As a result, Lee
- Lee 기자
- 2025-07-17 16:46
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Business Korea Startup Forum and the British Embassy jointly hold IR Day
By Diplomacy Journal Lee Kap-soo The Korea Startup Forum (KOSFO) announced on July 17 that it successfully held the “KSF IR Day,” a practical IR program supporting promising domestic deep tech startups' entry into the European market, at the Aston Hall of the British Embassy in Korea on July 16. Through this event, which was held as a pre-program for COMEUP 2025, KOSPO established official exchange channels with the UK startup ecosystem, including the British Embassy in Korea and the UK Department for International Trade. A total of 77 teams of startups in cutting-edge technology fields such a
- Lee 기자
- 2025-07-17 15:41
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Business FOMEK Chairman Choi holds talks with Chinese Ambassador Dai Bing
By Diplomacy Journal Lee Kap-soo Choi Jin-shik, chairman of the Federation of Middle Market Enterprises of Korea (FOMEK), met with Chinese Ambassador to South Korea Dai Bing, who visited the federation on July 16, and stated that practical Korea-China economic cooperation must be urgently restored and strengthened in order to effectively respond to changes in the global economic environment. Choi said, “Although exchanges between the two countries have significantly decreased in recent years in all areas, including the economy, China, which is the largest trading partner and one of the top thr
- Lee 기자
- 2025-07-17 11:54
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Business Korea Football Association President Chung appointed as head of EAFF
By Diplomacy Journal Lee Kap-soo Chung Mong-gyu, president of the Korea Football Association, has been officially appointed as president of the East Asian Football Federation (EAFF). Chung, who is also chairman of HDC Group, was unanimously appointed as EAFF president at the 6th EAFF Extraordinary General Meeting held at the Courtyard Marriott Hotel in Suwon on July 15. His term will last approximately eight months, until the next EAFF Regular General Assembly in March 2026. The EAFF hosts the EAFF E-1 Football Championship (East Asian Cup) every two to three years, with four national teams fr
- Lee 기자
- 2025-07-16 15:37
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Business KBIZ Chairman Kim meets with Chinese Ambassador to Korea Dai Bing
By Diplomacy Journal Kayla Lee Kim Ki-mun, chairman of Korea Federation of SMEs (KBIZ), met with Chinese Ambassador to South Korea Dai Bing, who visited the KBIZ in Yeouido, Seoul on July 14 and discussed ways to strengthen economic cooperation between small and medium-sized enterprises in both countries. During the meeting, Kim Ki-mun said, “Since the inauguration of the Lee Jae-myung administration, relations between the two countries have changed positively, as evidenced by the telephone conversation between the leaders of South Korea and China.” Kim then mentioned the rapid increase in per
- Kayla Lee 기자
- 2025-07-15 15:41
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Business FOMEK Chairman Choi meets with Amit Kumar, Indian Ambassador to South Korea
By Diplomacy Journal Lee Kap-soo Choi Jin-shik, chairman of the Federation of Middle Market Enterprises of Korea (FOMEK), met with Amit Kumar, Indian Ambassador to South Korea on July 11, and discussed ways to expand the presence of mid-size companies in India as a promising overseas market and a new production hub for mid-size companies. Chairman Choi stated, “India’s rapid growth is remarkable, based on its highly skilled workforce and advanced manufacturing and digital infrastructure, which are often described as having an abundance of talent.” He added, “India’s value as a new market and p
- Lee 기자
- 2025-07-14 14:21
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Business Products of Kazakh companies are presented at Korea Import Fair 2025
By Diplomacy Journal Lee Kap-soo In an effort to promote national exports, Kazakhstan participated in the Korea Import Fair 2025, held in Seoul from July 7 to 9. The event, hosted by the Korea Importers Association (KOIMA) with the support of the Ministry of Trade, Industry and Energy of the Republic of Korea and the Korea Trade-Investment Promotion Agency (KOTRA), showcased the services of Air Astana and Scat Airlines as well as products from Maximus and chocolate by Lotte Rakhat. In her opening remarks, KOIMA Chairperson Youn Young-mi emphasized the importance of expanding imports from frien
- Lee 기자
- 2025-07-14 10:24
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Business Hyundai Motor delivers 1st ‘X-ble Shoulder’ wearable robot to Korean Air
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company and Kia Corporation officially launched their industrial wearable robot, the X-ble Shoulder, in the Korean market with a handover ceremony for the first unit to Korean Air on July 8. The event was held at Korean Air’s aircraft maintenance hangar in Incheon. As the first official customer, Korean Air will deploy the wearable robot across its aerospace division, including assembly and maintenance operations for commercial airliners, military aircraft, urban air mobility (UAM) vehicles, drones, stealth aircraft and satellite launch systems. “
- Lee 기자
- 2025-07-11 15:15
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Business SK Group and AWS team up to build cloud computing infrastructure
By Diplomacy Journal Lee Kap-soo SK Group announced its partnership with Amazon Web Services (AWS) to expand cloud infrastructure in South Korea on June 22. SK Group, in partnership with AWS, will build a data center in Ulsan, South Korea for a new AWS AI Zone that will help organizations in South Korea build innovative and new AI applications locally while leveraging the full breadth of AWS capabilities. The AI Zone will bring together multiple innovative capabilities, including dedicated AWS AI infrastructure and servers with world-class semiconductors, UltraCluster networks for faster AI tr
- Lee 기자
- 2025-07-08 15:45
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Business HS Hyosung Advanced Materials signs MOU with TATA Steel Thailand
By Diplomacy Journal Lee Kap-soo HS Hyosung Advanced Materials signed a Memorandum of Understanding (MOU) with TATA Steel Thailand for the long-term purchase of sustainable steel raw materials on June 18, the company said. Through this MOU, HS Hyosung Advanced Materials will be able to secure a stable supply of sustainable steel raw materials used in tire steel cords. TATA STEEL Thailand, a subsidiary of India’s leading Tata Group, produces high-quality steel raw materials using the electric arc furnace (EAF) method. EAF-based products recycle scrap metal and are highly energy-efficient, resul
- Lee 기자
- 2025-07-04 16:53
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Business KGCCI hosts AHK florist certificate ceremony in Seoul
By Diplomacy Journal Lee Kap-soo | The Korean-German Chamber of Commerce and Industry (KGCCI), led by President & CEO Marie Antonia von Schönburg, held the AHK Florist Certificate Award Ceremony on June 30 at the Fairmont Ambassador Seoul. This event recognized nine newly certified florists who completed the AHK Florist Program, a vocational training initiative jointly organized by KGCCI with two of Korea’s leading floral design academies—Cochi Oh Myeon Floral Art School and Lim’s Flower Academy. Integrating core elements of the Germany’s dual vocational training system, the program adhere
- Lee 기자
- 2025-07-02 14:10
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Business Peru and Pisco stand out in Korea’s major liquor fair
By Diplomacy Journal Lee Kap-soo "Pisco: Spirit of Peru" had a prominent participation in the "Seoul International Wines & Spirits Expo 2025", held from June 26 to 28. This flagship beverage is “pisco", a grape-based high-quality liquor distilled in Peru, where it was born in the 16th century. Some of the most popular cocktails with pisco include "Pisco Sour" (made also with egg whites and a dash of bitters), as well as "Chilcano" (made with Ginger Ale, lime wedge, or wheel, for garnish). It is the second time the Embassy of Peru participates in this international expo in collaboration wit
- Lee 기자
- 2025-07-01 16:48
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Business SK bioscience celebrates completion of new vaccine production facility
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 June 30 that the company has secured a large-scale commercial production facility which will support entry into the global pneumococcal vaccine market. SK bioscience held a mechanical completion ceremony to mark the expansion of its vaccine manufacturing plant, L HOUSE in Andong, South Korea, on June 27. The expanded facility will serve as a production site for GBP410, a 21-valent pneumococcal conjugate vaccine (PCV21) candida
- Lee 기자
- 2025-06-30 15:46
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Business Kia President Song Ho-sung honored at 2025 Autocar Awards
By Diplomacy Journal Lee Kap-soo Kia Corporation (Kia) President and CEO Song Ho-sung has been honored with the prestigious Issigonis Trophy at the 2025 Autocar Awards. Named after the legendary automotive designer and inventor Sir Alec Issigonis, the Trophy is Autocar’s most prestigious award. Presented annually, it recognizes individuals who have made a significant contribution to the automotive industry through innovation, leadership and exceptional business performance. Mark Tisshaw, Editor of Autocar, commented, “We’re delighted to present Ho Sung Song with the Issigonis Trophy. We’ve bee
- Lee 기자
- 2025-06-27 11:48
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Business KGCCI Women In koRea Leadership Forum 2025 held in Seoul
By Diplomacy Journal Lee Kap-soo The Women In koRea (WIR: ‘We’ in German) women leadership group of the Korean-German Chamber of Commerce and Industry (KGCCI), in partnership with Macoll Consulting Group and The Executive Center, hosted the WIR Leadership Forum 2025 on June 26 at IFC Forum in Seoul, South Korea. The forum brought together more than 80 women leaders and professionals from businesses, academic, and international organizations to explore the evolving demands of women’s leadership in today’s dynamic workplace. The forum served as a dynamic platform to celebrate the growing influen
- Lee 기자
- 2025-06-27 10:52
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1
President Lee holds first phone call with Tajikistan President Rahmon
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2
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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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
Phone number: 02-3417-1010 | 02-396-5757
E-Mail: djournal3417@gmail.com
UPDATE: 2025년 09월 03일 07시 12분