Latest news
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Lotte Biologics breaks ground on new biopharmaceutical plant in Songdo
SEOUL, July 3 (AJU PRESS) - Lotte Biologics Co., a Korean contract development and manufacturing organization (CDMO), began construction of a new biopharmaceutical manufacturing plant in Songdo, Incheon, on Wednesday. The facility, slated for completion in the first quarter of 2026, will have a production capacity of 120,000 liters of biomedicines. The company plans to build two additional plants of similar scale at the Songdo campus, aiming to establish a total production capacity
July 3, 2024 -
CEO of Korea's top food delivery service app resigns
SEOUL, July 2 (AJU PRESS) - Lee Kuk-hwan, CEO of Woowa Brothers, the operator of Korea's top food delivery service app Baedal Minjok (Baemin), resigned on Tuesday for “personal reasons.” Woowa Brothers, owned by Germany’s Delivery Hero, appointed Pieter-Jan Vandepitte as interim CEO through a board meeting on the same day. The Belgian director will serve in this role until the new CEO is officially appointed, possibly next month. Industry sources said there
July 2, 2024 -
Korea sees consumer prices slow to 11-month low in June
SEOUL, July 2 (AJU PRESS) - Korea's consumer price index, a key indicator of consumer sentiment, stood at 113.83 in June, up 2.4 percent from a year earlier, according to Statistics Korea. But the figure was the lowest over the past 11 months. The pace of increase has remained below three percent for the third consecutive month. The rise in consumer prices in June was driven primarily by higher prices for fresh agricultural produce. Seasonal fruits were particularly sharp i
July 2, 2024 -
Vietnamese PM discusses enhanced cooperation during meetings with Samsung, Hyundai chiefs
SEOUL, July 2 (AJU PRESS) - Vietnamese Prime Minister Pham Minh Chinh has met with the heads of major Korean business groups to discuss expanded investment and cooperation. Chinh arrived in Seoul on Sunday for a four-day visit aimed at strengthening economic cooperation between the two countries. The premier met with Samsung Electronics Chairman Lee Jae-yong in Seoul on Tuesday and Hyundai Motor Group Chairman Chung Eui-sun on Monday. During the meeting, Lee emphasized the imp
July 2, 2024 -
PHOTOS: Korea, Canada connect through friendly hockey tournament
SEOUL, July 2 (AJU PRESS) - Korean and Canadian players faced off against each other at a hockey tournament in central Seoul on Monday. Hosted by the Embassy of Canada to Korea, the friendly tournament was part of celebrations for the 157th anniversary of the country's founding, also called Canada Day. Despite a valiant effort, the Korean team fell short to the host who emerged victorious.
July 2, 2024 -
Samsung Electronics union threatens three-day strike next week
SEOUL, July 2 (AJU PRESS) - Samsung Electronics' largest labor union has threatened to go on a three-day full-fledged strike next week, demanding higher wages for some workers. The National Samsung Electronics Labor Union (NSELU), representing about 22 percent of Samsung's 125,000 employees, declared the strike on Monday evening following failed negotiations with management. The union will walk out from Monday to Wednesday, demanding higher wage increases for 855 members
July 2, 2024 -
Canadian Embassy celebrates founding day with hockey tournament in Seoul
SEOUL, July 2 (AJU PRESS) - The Embassy of Canada to Korea held a street hockey tournament in central Seoul on Monday. Held in a garden near the embassy, the friendly tournament was part of celebrations for the 157th anniversary of the country's founding, also called Canada Day. The tournament came after last week's port call of His Majesty's Canadian Ship (HMCS) Montréal in Korea's western port city of Incheon. The frigate's crew members joined in Monday&
July 2, 2024 -
McDonald's installs voice guidance kiosks for visually impaired
SEOUL, July 02 (AJU PRESS) - McDonald's Korea said Tuesday it has installed kiosks with voice guidance functions at all stores nationwide to assist visually impaired customers. "Visually impaired customers can now access product information and freely order their menu items through voice guidance at any McDonald's store across the country," the company said in a press release. The kiosks can be connected to earphones, allowing visitors to easily select their foo
July 2, 2024 -
LG Energy Solution secures first major LFP battery order from Renault
SEOUL, July 2 (AJU PRESS) - LG Energy Solution has signed a large-scale supply contract for electric vehicle LFP (lithium iron phosphate) batteries with Renault's electric vehicle division, Ampere, the Korean battery maker said Tuesday. Under the agreement, signed at Renault's headquarters in Paris on Monday (local time), LG will supply about 39GWh of battery cells, enough to power 590,000 electric vehicles, for five years from late 2025 to 2030. LG became the first Korea
July 2, 2024 -
PHOTOS: Heavy rain alerts issued as monsoon downpours hit many parts of Korea
SEOUL, July 2 (AJU PRESS) - Heavy rains dampened much of the country on Tuesday, prompting authorities to issue rain alerts for Seoul and other central and southern regions. Downpours ranging from 30 to 80 millimeters were expected in Seoul, Gyeonggi, Gangwon, Chungcheong and Jeolla provinces during the day, with some areas forecast to receive over 120 millimeters. The one-month monsoon season began across the country on Saturday.
July 2, 2024
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PHOTOS: Paris kicks off Olympics with outdoor spectacle despite glitches
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Korea pins hopes on key disciplines as Paris Olympics open with riverfront ceremony amid rail chaos
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PHOTOS: Retro street in central Seoul faces uncertain future
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PHOTOS: Seoul Summer Beach transforms Gwanghwamun into urban water park
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PHOTOS: Incheon Airport gears up for summer travel boom
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From lovebugs to nutrias: Korea grapples with growing threat of alien species
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Dark web drug ring with 4,000 buyers busted
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Defense chiefs of S. Korea, US, Japan to meet in Tokyo next week
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Actor Yu Ah-in booked on allegations of sexually assaulting man in his 30s
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Amid e-commerce settlement dispute, Tmon begins refunds after customers occupy office