Business
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S-Oil signs MOU with T'way Air for sustainable aviation fuel supply
SEOUL, September 19 (AJP) - Korean oil refiner S-Oil Corp. has signed a memorandum of understanding (MOU) with low cost carrier T'way Air to supply sustainable aviation fuel (SAF) and collaborate on joint marketing initiatives, the companies announced on Thursday. Under the agreement, S-Oil will provide SAF for T'way Air's commercial flights to Japan starting this month, with plans to expand supply for future routes. The partnership aims to promote sustainable growth in
September 19, 2024 -
Korea's imports of Chinese EVs surpass 1 trillion won
SEOUL, September 19 (AJP) - Korea’s imports of Chinese electric vehicles (EVs) have exceeded 1 trillion won ($848 million) in the first seven months of 2024, government data showed Wednesday. The Ministry of Trade, Industry and Energy and the Korea International Trade Association reported that Chinese EVs accounted for 65.8 percent of Korea's total EV imports from January to July, reaching 1 trillion won, a staggering 848 percent increase compared to the same period last
September 19, 2024 -
Hanwha Ocean commits to strengthening workplace safety following worker fatalities
SEOUL, September 19 (AJP) - Korea's Hanwha Ocean has pledged investments to strengthen workplace safety systems, following recent worker fatalities. On Sept. 9, a worker in his 40s fell 30 meters from a container ship under construction at Hanwha Ocean's Okpo shipyard on the southern island of Geoje. He was severely injured and transported to the hospital in cardiac arrest but ultimately passed away. Earlier this year, the Korean shipbuilder reported fatal accidents at it
September 19, 2024 -
Taihan Cable wins first U.S. HVDC contract
SEOUL, September 19 (AJP) - Korea's major power cable manufacturer Taihan Cable & Solution said on Thursday it secured its first high-voltage direct current (HVDC) project in the United States. The company has been selected to supply cables for a 320kV voltage-sourced converter HVDC and 500kV high-voltage alternating current (HVAC) project in California. The contract, awarded by U.S. power company LS Power Grid California, is valued at about 90 billion won ($67 million).
September 19, 2024 -
GS Caltex exports commercial-scale bio aviation fuel to Japan
SEOUL, September 19 (AJP) — GS Caltex has exported sustainable aviation fuel (SAF) to Japan, the Korean oil company said Thursday. The company supplied about 5,000 kiloliters of CORSIA SAF, blended with conventional aviation fuel, to Narita Airport in Japan last Friday through Itochu Corp. It marked the first commercial-scale sale of CORSIA SAF by a Korean refiner, certified by the International Civil Aviation Organization (ICAO). The fuel will be sold to Japanese airlines
September 19, 2024 -
Samsung launching AI-based washer-dryer in Peru, Argentina
SEOUL, September 19 (AJP) — Samsung Electronics said Thursday it is launching its AI-powered Bespoke AI Combo washer-dryer in Peru, Argentina and other Latin American markets this month. At the forefront of Samsung's AI home appliance strategy, the all-in-one washer-dryer allows users to wash and dry clothes without needing to transfer them between machines. It features a high-efficiency inverter heat pump system and offers drying performance comparable to standalone dryer
September 19, 2024 -
SK Group provides $300,000 for Viet Nam's typhoon recovery
SEOUL, September 18 (AJP) - SK Group, which has maintained a strong cooperative relationship with Viet Nam, will donate $300,000 to assist in the recovery efforts following the recent typhoon damage in the Southeast Asian country. The group announced Wednesday that it plans to deliver the $300,000 donation to Viet Nam's Fatherland Front Central Committee later this month. The funds will be used for local relief supplies and aid activities. Recently, northern Vietnam has bee
September 18, 2024 -
Autonomous robot collects recyclables and patrols in Seoul park
SEOUL, September 17 (AJP) - An autonomous robot developed by Robotis is collecting recyclables and patrolling for safety at a park in Yangcheon, a district in southwestern Seoul, the Korean robot manufacturer said Tuesday. The robot named Gaemi arrives at the designated location to collect recyclables when called via QR codes. Equipped with separate bins for plastic, paper and cans, it automatically returns to its charging station after collection and heads to a depot to unload recy
September 17, 2024 -
LG Energy Solution to showcase high-voltage mid-nickel battery at German trade fair
SEOUL, September 17 (AJP) - LG Energy Solution will showcase its pouch-type, high-voltage Cell-to-Pack (CTP) battery with a mid-nickel composition at IAA Transportation 2024 in Hanover, starting Tuesday for a six-day run. The battery offers a maximum range of 600 kilometers for large trucks, making it suitable for long-distance travel. It can be charged up to 5,000 times before performance begins to decline. These batteries have a nickel content of 40 to 60 percent and increased
September 17, 2024 -
Telegram: A hotbed for narcotics, digital sex crimes
SEOUL, September 13 (AJP) - It took this reporter just a few minutes to find a dozen channels selling illicit narcotics on Telegram. A simple search for "weed" in Korean on X (formerly Twitter) yielded several keywords and invitation links for Telegram chat groups. To maintain discretion, these groups used jargon like "ice" and "herbs" to refer to methamphetamine and marijuana, respectively. "MDMA, also known as ecstasy ... induces soft, warm, and
September 13, 2024
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PHOTOS: National Folk Museum showcases traditional funeral dolls
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PHOTOS: Seoul holds sign language cultural festival
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PHOTOS: KES 2024 opens at COEX, highlighting AI innovations
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BLACKPINK's Jennie makes Billboard Hot 100 debut with latest single
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British Embassy's roundtable meeting raises awareness of climate change
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Workers over 60 become largest employed age group in Korea for first time
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South Korea mulls sending inspectors to Ukraine to monitor North Korean troops in Russia
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U.S. stealth fighter completes maiden landing on Japanese vessel
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5.8 magnitude earthquake strikes Indonesia's Molucca Sea region
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North Korea dismisses allegations of troop deployment to Russia as 'groundless'