free zone induction hob
Scope
Date
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Carbon neutrality
Naver joins RE100 campaign to go carbon-free by 2050
South Korea’s Naver Corp. said on Monday it has joined the RE100 initiative to go carbon-free by 2050 as the first domestic internet portal to...
Aug 23, 2022 (Gmt+09:00)
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Electric vehicles
Korea may file complaint with WTO against US' Inflation Reduction Act
The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...
Aug 22, 2022 (Gmt+09:00)
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The KED View
The case for improved Seoul-Tokyo relations
Unlike the West or China, which showed vastly different reactions, most South Koreans had a more complicated initial response to the news of forme...
Jul 12, 2022 (Gmt+09:00)
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Retail
Shilla Duty Free targets Chinese shoppers with Alibaba
The Shilla Duty Free Shop, the world’s No. 3 duty-free chain, has joined hands with a Chinese e-commerce giant to attract some 158 million cro...
Jun 28, 2022 (Gmt+09:00)
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Future mobility
SK Telecom expands system for self-driving in Seoul
SK Telecom Co., South Korea’s top mobile carrier, has expanded the area covered by the traffic control system for self-driving in Seoul, takin...
Jun 28, 2022 (Gmt+09:00)
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Energy
Doosan Enerbility, Siemens' affiliate sign MOU for wind power business
Doosan Enerbility Co. announced Sunday it has signed an initial memorandum of understanding (MOU) with Siemens Gamesa Renewable Energy S.A. (SGRE) i...
Jun 27, 2022 (Gmt+09:00)
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Retail
Korean duty-free shops hit by unfavorable exchange rate, limited inventory
The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...
Jun 26, 2022 (Gmt+09:00)
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Retail
Lotte Duty Free to close COEX store in central Seoul
Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...
Jun 09, 2022 (Gmt+09:00)
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Electric vehicles
Georgia state to provide $1.6 bn in incentives to Hyundai
Hyundai Motor Group is expected to receive about $1.6 billion in incentives including tax breaks from Georgia as South Korea’s top automaker i...
May 23, 2022 (Gmt+09:00)
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Retail
Lotte Duty Free to open downtown store in Sydney
South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...
May 04, 2022 (Gmt+09:00)
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Samsung Group
Samsung to work with Western Digital on next-gen storage technology
Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...
Mar 31, 2022 (Gmt+09:00)
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Companies
Kiturami Boiler bets on chip, battery facility systems
Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...
Mar 30, 2022 (Gmt+09:00)
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Korean stock market
Korea reopening stocks rally as govt. eases COVID-19 restrictions
South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...
Mar 11, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor launches robotaxi service in upscale Gangnam district
City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...
Feb 09, 2022 (Gmt+09:00)
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Energy
S.Korea urged to embrace nuclear power to go carbon free
The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...
Feb 07, 2022 (Gmt+09:00)
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Metaverse
Lotte Group aims for top spot in metaverse retail space
Lotte Group Chairman Shin Dong-bin is known for his obsession with new tech gadgets.He’s one of those early adopters in South Korea of the Ocu...
Jan 13, 2022 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor unveils world’s first hydrogen garbage truck
Hyundai Motor Group revealed a clip of the world’s first hydrogen-powered garbage truck Thursday. The video titled “Dear My Hero” ...
Dec 30, 2021 (Gmt+09:00)
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Economy
South Korea moves to join CPTPP free trade pact as China fears ease
South Korea has officially declared its plan to join a mega Trans-Pacific free trade deal, called the CPTPP, following China’s application to ...
Dec 14, 2021 (Gmt+09:00)
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Retail
Korean duty free shops take opposite paths to draw Chinese shoppers
There appear to be two diverging roads for South Korea's top duty free operators Lotte and Shilla: expanding outside China, or going deeper inside t...
Dec 10, 2021 (Gmt+09:00)
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Travel & Leisure
Travel bubble triples Koreans’ trips to Saipan
A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana...
Oct 10, 2021 (Gmt+09:00)
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Alternative food
SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day
SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...
Oct 01, 2021 (Gmt+09:00)
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Korean startups
AI startup DevUnlimit gamifies home fitness to offer stress-free exercise
South Korea-based fitness content startup DevUnlimit Inc. has developed an artificial intelligence-based fitness platform that gamifies exercise rou...
Jul 27, 2021 (Gmt+09:00)
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Automobiles
Hyundai Honorary Chairman Chung inducted into Automotive Hall of Fame
Hyundai Motor Group Honorary Chairman Chung Mong-koo was inducted into the Automotive Hall of Fame (AHF) on Thursday, acknowledging his work in deve...
Jul 23, 2021 (Gmt+09:00)
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Entertainment
Samsung Galaxy boosts YouTube Music’s market share in Korea
YouTube is quickly growing in South Korea’s music market, the world’s sixth-largest. The number of YouTube Music’s monthly active ...
Jul 21, 2021 (Gmt+09:00)
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Economy
S.Korea, Japan ink first free trade deal via 15-country trade bloc
South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...
Nov 16, 2020 (Gmt+09:00)
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