By Diplomacy Journal Lee Kap-soo Hyundai Motor Group announced a multilateral Memorandum of Understanding (MoU) on Nov. 11 with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives. The partnership aims to establish Korean model for port decarbonization and contribute to national carbon neutrality goals. Under the agreement, Hyundai Motor Company will oversee hydrogen-related business strategy, while Kia Corporation and Hyundai Glovis Co. will introduce and operate hydrogen fuel cell power generators at their facilities in Pyeongtaek Port. The initiative aims to
By Diplomacy Journal Lee Kap-soo LG Electronics showcased its ultra-premium built-in kitchen appliance brand, SKS, at Design Week Mexico 2025, one of Latin America’s largest design festivals, the company said on Nov. 7. As the exclusive home appliance brand partner of this year’s event, SKS successfully elevated its brand presence in the region, reaffirming its leadership in the global luxury built-in market. At Design House, the flagship exhibition of Design Week Mexico, visitors were invited to experience the full SKS lineup of ultra-premium built-in kitchen appliances, including the SKS ref
By Diplomacy Journal Lee Kap-soo Kia Corporation (Kia) and Motability Operations Limited, the company which runs the Motability Scheme in the UK, have signed a Memorandum of Understanding (MOU) on Nov. 4, reaffirming their mutual commitment towards electrification and enhancing personal mobility through care for the environment. The key objective of this collaboration is to bring to market an affordable, fully electric, side-entry Wheelchair Accessible Vehicle (WAV), while advancing inclusive mobility through Kia’s Platform Beyond Vehicle (PBV) lineup to meet the accessibility and electrificat
By Diplomacy Journal Lee Kap-soo European Chamber of Commerce in Korea (ECCK) Chairperson Philippe van Hoof attended the Korea Fair Trade Commission (KFTC) Roundtable on November 6 with Foreign Chambers of Commerce in Korea. The Roundtable was hosted by newly appointed Chairperson Biung-Ghi Ju. As the Chairperson of the ECCK, Philippe emphasized that the European business community is fully behind and supportive of initiatives that strengthen the competitive and fair business in Korea. As part of such efforts, the ECCK suggested that the re-enactment of the previously drafted legislation, by i
By Diplomacy Journal Lee Kap-soo SK opened the “SK AI Summit 2025” at COEX Convention & Exhibition Center in Seoul on November 3. Running through Tuesday, the SK AI Summit is a platform for collaboration where SK shares its integrated AI capabilities and vision accumulated across semiconductors, energy solutions and AI data centers. The event brings together diverse partners from global big tech companies, startups and academia to explore ways to strengthen the future AI ecosystem. Last year's inaugural event attracted over 30,000 participants both online and offline, establishing itself a
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company achieved nine honors at the prestigious Red Dot Award: Brands & Communication Design 2025, including one Best of the Best award for its film project ‘Night Fishing.’ The accolades celebrated the company’s innovation and creativity across diverse design and communication categories: Film and Animation, Advertising, Interior Architecture, Restaurant & Café, Brand, Brands & Communications Design, and Digital Solutions. The Red Dot Award: Brands & Communication Design is one of the world’s most esteemed design competitions, rec
By Diplomacy Journal Lee Kap-soo Lotte Chemical held a completion ceremony for Lotte Chemical Indonesia (LCI) in Cilegon, Banten Province, Indonesia on November 6 (local time), the company announced. Lotte Group Chairman Shin Dong-bin and Indonesian President Prabowo Subianto attended the LCI completion ceremony. Delivering congratulatory remarks, Chairman Shin stated, "This project is one of the largest investments by a Korean company in Indonesia. It symbolizes the strong partnership between our two countries and will serve as a crucial foundation for strengthening Indonesia's petrochemical
By Diplomacy Journal Lee Kap-soo The "Indonesia Business Matching 2025" hosted by the Indonesian Ministry of Tourism and Creative Economy (MoTCE) successfully finished at the Lotte Hotel in Busan on Nov. 4. The tourism promotion event attracted over 50 travel industry professionals from the Busan, Ulsan, and Gyeongnam regions, significantly exceeding the initial capacity of 30. The event was attended by key figures from the Indonesian Tourism Board, including Bayu Aji, Chief of Staff to the Indonesian Minister of Tourism; Ali Andika Wardhana, Chargé d'Affaires of the Indonesian Embassy in Kore
By Diplomacy Journal Kayla Lee The Seoul Metropolitan Government (SMG) is accelerating efforts to attract global leaders in next-generation industries, such as AI, fintech, semiconductors, and quantum computing, as Seoul emerges as a testbed and investment hub for global strategic industries. After the American AI and data cloud company Snowflake and Swiss quantum security semiconductor developer SEALSQ invested in Seoul earlier this year, French quantum computing leader Pasqal decided to join, marking the city’s third consecutive success in attracting global strategic industry leaders across
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI), led by President & CEO Marie Antonia von Schönburg, jointly held the “2026 Ausbildung Information Session” with BMW Group Korea, MAN Truck & Bus Korea, Mercedes-Benz Korea, Porsche Korea, Star Truck Korea, and Volkswagen Group Korea at the ibis Ambassador Suwon on November 4, 2025. The Ausbildung Program is dual vocational training education from Germany, where on-the-job training and theoretical education from school are carried out simultaneously. The training is a 36-month educational progra
By Diplomacy Journal Kayla Lee Former President of Korea Aerospace Research Institute (KARI) Lee Sang-ryul has received the Chevalier rank of the Légion d'honneur medal from the French government in recognition of his contributions to Korea-France space cooperation and the advancement of science and technology, the KARI said on Nov. 4. The Légion d'honneur is the French government's highest honor awarded to individuals with distinguished achievements in various fields, including military, academic, cultural, scientific, and industrial fields. Presenting the award on behalf of the French govern
By Diplomacy Journal Lee Kap-soo POSCO Group Chairman Chang In-hwa held a meeting with Australian Prime Minister Anthony Albanese who visited POSCO's Pohang Steel Mill, which represents economic cooperation between Korea and Australia, on Oct. 30, 2025. Prime Minister Albanese, who came to Korea on the occasion of the Asia-Pacific Economic Cooperation (APEC) Summit, visited the Pohang Steel Mill's raw material dock, where he observed the actual use of Australian iron ore and coking coal. POSCO Group began purchasing Australian iron ore in 1971 and has used over 1.5 billion tons of Australian i
By Diplomacy Journal Lee Kap-soo The final satellite in the ‘425 Reconnaissance Satellite’ program, which is South Korea's first surveillance and reconnaissance satellite project, have launched on October 2 (US time) from Cape Canaveral Space Force Station, Florida, USA. Hanwha Systems announced that it supplied the SAR (Synthetic Aperture Radar) payload for the program’s fifth satellite, following its contributions to satellites No. 2, 3 and 4. While the program is led by the Defense Acquisition Program Administration (DAPA) and developed by the Agency for Defense Development (ADD), Hanwha Sy
By Diplomacy Journal Lee Kap-soo RM of 21st century pop icons BTS premiered a new global digital feature as part of its ongoing collaboration with Samsung Electronics and his continuing role as global ambassador for Samsung Art TVs. The short film, released during the week of Art Basel Paris (Oct. 24-26), offers an intimate look at RM’s personal connection to art and shows how Samsung Art TVs bring museum-quality visuals into everyday spaces. Building on his conversations from Art Basel in Basel 2025, where Samsung served as the Official Art TV Partner, RM shares how art can bring joy and mean
By Diplomacy Journal Lee Kap-soo LG Electronics has invested in a partner-operated production facility in Bekasi, West Java, Indonesia, dedicated exclusively to manufacturing LG air conditioners. As part of the company’s strategic efforts to reinforce its Global South strategy, the new facility will enhance LG’s presence in Indonesia, help strengthen its supply chain and serve as a hub for air conditioning innovation. Coinciding with LG’s 35th anniversary in Indonesia, the Bekasi facility spans 32,000 square meters and commenced operation last month, starting with residential air conditioner p