Business
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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 -
Donga Social Holdings partners with LS E-Link to cooperate in EV charging infrastructure development
SEOUL -- Dong-A Social Holdings, the holding company of South Korean drug maker Dong-A Pharmaceutical, has partnered with LS E-link, the electric vehicle charging station wing of energy infrastructure maker LS Group, to cooperate in the acceleration of EV infrastructure development. As of 2022, there were some 400,000 clean energy vehicles registered in South Korea where some 5.5 million vehicles roam the roads. The number of registered clean energy vehicles, mostly EVs, increased by
September 25, 2023 -
Taihan Cable wins $60 mln high voltage power grid project order in Bahrain
SEOUL -- Taihan Cable & Solution, a power cable and grid infrastructure company in South Korea, has secured an order worth $60 million to establish an extra high-voltage power grid in Bahrain. A 400-kilovolt-class power grid will be installed to supply electricity for a new substation that will be built on the western coastal region "Al Jasra." Taihan Cable said in a statement on September 22 that the company made a foray into the Bahraini market through an order by the E
September 22, 2023
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Malaysia's shop sign rule sparks ethnic tension, tourism concerns
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PHOTOS: Students learn seasonal kimchi-making ritual at event in Seoul
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South Korea gears up for AI digital textbooks
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PHOTOS: COEX Magok convention center opens
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Lotte Chemical shares jump as group offers landmark tower as collateral
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Japan to revamp tax system for international visitors
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Japanese PM mulls visit to Seoul in January
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North Korea's UN envoy evades question over troop deployment to Russia
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AJP launches Dec. 3, aims to be Asia's premier news hub
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Bank of Korea unexpectedly cuts interest rate to spur economic recovery