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Business Kia and Motability Operations sign MOU to strengthen collaboration
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
- Lee 기자
- 2025-11-10 16:45
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Business ECCK Chairperson attends Korea Fair Trade Commission Roundtable
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
- Lee 기자
- 2025-11-10 16:10
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Business SK hosts 'SK AI Summit 2025' with vision to solve AI challenges
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
- Lee 기자
- 2025-11-07 16:36
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Business Hyundai Motor wins nine ‘Red Dot Brands & Communication Design 2025’ prizes
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
- Lee 기자
- 2025-11-07 16:17
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Business Lotte Chairman Shin, Indonesian President attends Lotte Chemical Indonesia completion ceremony
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
- Lee 기자
- 2025-11-07 13:59
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Business Indonesia Business Matching 2025, a tourism promotion event, held in Busan
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
- Lee 기자
- 2025-11-06 16:28
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Business Seoul City attracts French quantum computing company Pasqal
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
- Kayla Lee 기자
- 2025-11-05 16:51
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Business KGCCI hosts ‘2026 Ausbildung Information Session’
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
- Lee 기자
- 2025-11-05 16:26
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Business Former KARI President Lee wins Légion d'honneur from the French gov’t
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
- Kayla Lee 기자
- 2025-11-05 14:50
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Business POSCO Group Chairman Chang meets with Australian Prime Minister Albanese
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
- Lee 기자
- 2025-11-04 16:27
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Business Hanwha Systems supplies final SAR payload for Korea’s reconnaissance satellite program
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
- Lee 기자
- 2025-11-04 15:40
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Business RM of BTS premieres short film with Samsung Electronics
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
- Lee 기자
- 2025-10-27 16:07
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Business LG Electronics invests in a partner-operated production facility in Indonesia
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
- Lee 기자
- 2025-10-27 15:58
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Business SK Chairman Chey Tae-won meets with Open AI CEO Altman in Seoul
By Diplomacy Journal Lee Kap-soo SK Chairman Chey Tae-won and OpenAI CEO Sam Altman met at SK headquarters in Seoul on Oct. 1 to sign a Letter of Intent (LOI) and a Memorandum of Understanding (MOU) to develop an AI Data Center in South Korea as part of the Stargate project. Chairman Chey Tae-won stated, “We are honored to participate as a core partner in the Stargate project, aimed at building future global AI infrastructure. By leveraging SK’s integrated AI infrastructure capabilities from memory semiconductors to data centers, we will actively contribute to global AI infrastructure innovati
- Lee 기자
- 2025-10-24 16:53
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Business Hyundai Motor achieves record brand valuation of $24.6 billion in 2025
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company has achieved a record brand valuation of $24.6 billion and ranked 30th in the 2025 Interbrand Best Global Brands Rankings, the company said on Oct. 15. This marks 16 years of consecutive growth in brand value since 2010 and a 72 percent increase over the past five years. The company has been listed among the top 30 global brands for the second year in a row. Hyundai Motor’s rise in the rankings reflects its strong financial performance, strategic global expansion and continued investment in innovation. In 2024, the company posted record re
- Lee 기자
- 2025-10-23 16:30
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1
(Exclusive) Aifeex, a global multi-level Ponzi scam
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2
Vice Foreign Minister Park Yoon-joo holds Korea-Thailand Strategic Dialogue
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3
Hanwha Ocean wins $515 million overseas order to build 4 very large crude carriers
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4
Korea-Africa Foundation holds an Af-PRO (Africa Professional) lecture
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5
East Sea Coast Guard and Indonesian Embassy discuss crime prevention steps
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6
2025 Korea-Africa Startup Competition team visits Kenya
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2025-12-02 16:39
Peace blooming from the brush tips of K-Folk painting, "The power of Korean traditional beauty reaffirmed in Belarus"
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2025-12-02 14:54
(Exclusive) Aifeex, a global multi-level Ponzi scam
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2025-12-02 11:35
KB Bank Indonesia hosts 'KB Bank Economic Outlook 2026'
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2025-12-02 10:33
Vice Foreign Minister Park holds a meeting with his U.S. counterpart
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2025-12-01 16:52
Korea nears 1,000 high-growth “Venture Billion” companies in sales
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 / 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 12월 02일 16시 39분