Business
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Tuna maker Dongwon F&B to showcase plant-based tuna at German food fair
SEOUL -- South Korea's largest canned tuna maker Dongwon F&B will showcase plant-based tuna at ANUGA, a global food fair to be held on October 7 in Germany's western city of Cologne. During the five-day event, visitors can enjoy alternative tuna products. Dongwon F&B is known for "Dongwon Tuna," South Korea's favorite tuna brand. The canned tuna brand is often consumed along with rice and spicy instant noodles known as Ramyeon. According to Dongwon F
October 4, 2023 -
S. Korean individual proprietors struggle to manage principal and interest payments
SEOUL -- Many South Korean self-employed individuals, who withstood the impacts of the COVID-19 pandemic and economic downturns through loans and government subsidies, are finding themselves in a position where they can no longer manage the principal and interest payments. The COVID-19 pandemic which hit South Korea in early 2019 was like the death sentence for individual business operators, especially those who operate small stores, restaurants, bars, and coffee shops, after the c
October 4, 2023 -
Hanwha Group launches subsidiary for cooperative robot production targeting global market
SEOUL -- South Korea's Hanwha Group has established a subsidiary that oversees the cooperative robot business. Targeting the global market, the new subsidiary will develop autonomous collaborative robots that can work with human coworkers in various sectors including security and food service. Cooperative robots, also known as cobots, are used especially at factories because of their autonomous operation functions and interactive capabilities. They can pick up tools and pass th
October 4, 2023 -
Exports of Korean rice beer 'Makgeolli' surpass 15,000 tons in 2022, up 22.6% from 2020
SEOUL -- Exports of traditional Korean rice beer Makgeolli in 2022 reached 15,396 tons in 2022, up 22.6 percent from two years ago, state data showed. Major Makgeolli importers were Japan, the United States, and China. Makgeolli, also known as Korean rice wine or Korean rice beer, is a milky white-colored alcoholic beverage. The beverage normally made with rice contains about six to eight percent alcohol. Some brands are flavored with corn, chestnuts, and apples. The milky beverage was
October 3, 2023 -
SK Telecom to provide AI-based imaging assistant service 'X Caliber' for animal hospitals in Japan
SEOUL -- South Korea's major mobile carrier SK Telecom partnered with Japanese electronic medical record solution provider Anicom Pafe, to supply "X Caliber," an AI-based veterinary imaging assistant service to animal hospitals in Japan. The web-based service helps veterinarians read and diagnose images quickly. X Caliber, released in September 2022, was adopted by some 300 South Korean veterinary hospitals. It detects abnormal findings in dogs' musculoskeletal syst
October 3, 2023 -
Shinhan Card users unable to use credit card services during autumn harvest festival
SEOUL -- Users of Shinhan Card, South Korea’s most popular credit card service, experienced an unexpected situation during "Chuseok," the Korean traditional harvest festival celebrated on August 15 of the Lunar Calendar, when they were unable to use their credit cards at stores and restaurants. Chuseok is a three-day holiday where people visit their hometowns and family relatives. It is also a great time to shop and spend money on gifts and food. It is also common f
September 30, 2023 -
S. Korean robot startup wins state approval to release AI-based recycling robots
Seoul -- South Korea's recycling robot maker EAPS won government approval to commercialize an artificial intelligence-based recycling robot that is capable of sorting waste materials and recycling them into waste plastic pyrolysis oil. The robot producer plans to install the new product at apartment complexes in Suwon some 34 kilometers (21 miles) south of Seoul. In South Korea, most recyclable materials are sorted by categories such as plastic, metal, and paper before being throw
September 27, 2023 -
S. Korea and Qatar discuss ways to strengthen LNG-based distribution network
SEOUL -- South Korea and Qatar discussed ways to strengthen their liquefied natural gas distribution network through a meeting of the two countries' energy ministers. South Korea and Qatar's trade volume reached $17.1 billion in 2022 and maintained a strong trade partnership based on LNG and LNG tankers despite the growing uncertainties in the global energy market. South Korea's Trade, Industry and Energy Minister Bang Moon-kyu met with Saad Sherida Al-Kaabi, Qatar's Mi
September 27, 2023 -
Startups welcome justice ministry's decision to withdraw restrictions from mobile lawyer service
SEOUL -- Information technology-related ventures and startups welcomed the justice ministry's decision to cancel the disciplinary actions against lawyers who provided legal consulting services through LawTalk, an online legal consulting platform that provides matchmaking services for lawyers and clients. LawTalk, operated by Law & Company, was launched in 2014 to provide ordinary people with easy access to law-related services. While almost every legal service in South Korea is
September 27, 2023 -
More than 1.9 billion Spam products sold in S. Korea as of 2022
SEOUL -- Spam, a popular canned pork brand made by American food processing company Hormel Foods, is being widely consumed in South Korea. More than 1.9 billion 200-gram (0.4 pounds) Spam products were sold in the country as of 2022, data released by CJ Cheiljedang, a South Korean food company in charge of domestic Spam production, showed. Canned pork was first introduced during the Korean War (1950~1953) when the United States' armed forces fought alongside South Korea to repel No
September 26, 2023
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Yoon condemns North Korean troop deployment to Russia
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VISUALS: Farmers stack harvested rice in price protest
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Rosé of BLACKPINK racks up 100 million views on YouTube with latest single
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Samsung expands Galaxy AI language support to 20 languages
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Korean builders test robot delivery services at apartment complexes
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Activities spotted at North Korea's demolished inter-Korean road site
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Hyundai Motor reports drop in quarterly operating profit on warranty costs
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US expresses concern over North Korean troops in Russia
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LG Electronics Q3 profit falls despite record sales
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Myanmar rebels seize key rare earth mining hub, disrupting military junta's revenue