Brazilian fintech company looking for deals with S. Korean content firms

SEOUL, March 28 (AJU PRESS) - Brazilian financial technology company EBANX is seeking partnerships with South Korean companies in the content industry to expand its business in countries in Latin America. The fintech firm, which provides payment services in 17 Latin American countries, has emphasized the importance of adopting local payment systems to launch businesses in Latin America, at a business forum in Seoul. During this forum on March 21, EBANX's Chief Marketing Offic

March 28, 2024

Seoul's bus labor union launches strike for first time in 12 years

SEOUL, March 28 (AJU PRESS) -- The operation of about 98 percent of buses running in Seoul came to a halt, Thursday, as unionized bus drivers began a general strike for the first time in 12 years, since 2012. Despite extensive negotiations lasting more than 11 hours, they failed to reach an agreement with management authorities. The two parties had been engaged in talks since 3 p.m. (0600 GMT) on Wednesday and continued for over 11 hours. However, they failed to reach an agreement

March 28, 2024

Turkish automotive association seeks partnership with S. Korean companies

SEOUL, March 28 (AJU PRESS) -- Türkiye's automotive industry exporters' association has stressed the importance of cooperation between two "brother countries" -- Türkiye and South Korea -- to become main players in the global finished car and car parts market. Uludağ Automotive Industry Exporters Association (OiB), organized an Automotive Sectoral Trade delegation to Seoul and held a series of business-to-business (B2B) meetings with South Korean counte

March 28, 2024

[OPINION] US political turmoil reflects our wider society – in 2024 and earlier elections

KENOSHA -- “We have met the enemy and he is us.” The ironic statement is from the durable comic strip “Pogo” by cartoonist Walt Kelly, widely syndic

March 27, 2024

Hanwha's cooperative robot wing showcases robot sommelier at 'Smart Factory + Automation World'

SEOUL, March 27 (AJU PRESS) -- At the "Smart Factory + Automation World (SFAW)," an annual tech event held in Seoul, the cooperative robot business wing of South Korea's Hanwha Group has showcased a robot sommelier that can decant wine, a crucial step for separating clean wine from sediment. By integrating artificial intelligence with various types of robots, the company aims to automate processes within the food tech sector. Decanting is the process of removing unne

March 27, 2024

[INTERVIEW] S. Korean mobility solution company targets historical city as gateway to Viet Nam

SEOUL, March 27 (AJU PRESS) -- Gbike, a South Korean mobility solution company, is set to expand its eco-friendly electric scooter and electric bicycle-sharing services into Viet Nam's historical city of Hue. With operations already in Los Angeles and Thailand, Gbike aims to introduce its services to Hue City, which boasts a rich cultural heritage. Personal mobility services, including electric scooter and bicycle-sharing services, became extremely popular in South Korea durin

March 27, 2024

Le Sserafim's "Easy" named on Billboard's top 200 popular albums chart for four consecutive weeks

SEOUL, March 27 (AJU PRESS) -- Le Sserafim's "Easy" has been named on Billboard's top 200 popular albums chart for four consecutive weeks. The album, containing five songs, depicts the story of the five-member band's concerns and fears that hide behind its confident demeanor. Billboard's chart released on March 30 showed that Easy ranked 112th on the Billboard 200 chart. The music video of its title track, "Easy," currently has garnered over 70

March 27, 2024

Life expectancy in South Korea decreases for first time since 2000

SEOUL, March 27 (AJU PRESS) -- Recent data released by South Korea's state statistical information service has shown that South Koreans' life expectancy dropped to 82.7 years in 2022 from 83.6 years in 2021. This marks the first decrease in life expectancy since 2000, which stood at 76 years. Cancer was the primary cause of death in 2022, while deaths from Alzheimer's disease have surged by over 75 times compared to two decades ago. In 2022, the main reason for death w

March 27, 2024

Avikus validates fuel-saving effect of self-sailing solution 'HiNAS Control'

SEOUL, March 26 (AJU PRESS) -- Avikus, a South Korean self-sailing solution developer affiliated with HD Hyundai, has demonstrated the effectiveness of reducing fuel consumption with its autonomous navigation system called "HiNAS Control." After installing the system on a 32,500-ton carrier operating along the route between Singapore and Brazil, the company witnessed fuel savings of up to 15 percent. HiNAS Control utilizes artificial intelligence to recognize surrounding

March 26, 2024

LG CNS partners with Viet Nam's IT giant FPT to accelerate digital transformation       

SEOUL, March 26 (AJU PRESS) -- LG CNS, the technology solution wing of South Korea's LG Group, has partnered with Viet Nam's information technology giant FPT Group to help the Hanoi-based company undergo a digital transformation designed to maximize work efficiency and user accessibility. A digital transformation process involves a company or an organization converting its analog or outdated work style and work systems to adopt digital technologies such as artificial infor

March 26, 2024