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Business Construction workers condemn GS E&C’s shoddy, fault construction
By Diplomacy Journal Lee Kap-soo The Seoul Gyeonggi North Construction Branch of the Korea Construction Workers' Union (KCWU) held a press conference on Jan. 23 in front of the GS headquarters in Jongno, Seoul to condemn GS E&C (Engineering & Construction)'s shoddy and poor construction. At the same time, at the Dignity Xi apartment site in Yangpyeong-dong, Yeongdeungpo-gu, Seoul, they condemned GS E&C for conducting concrete pouring work in the middle of a snowstorm, saying that it was doing so to save costs, even though there was a risk that it would lead to poor construction. Ac
- Lee 기자
- 2024-01-25 11:16
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Business SG Gold Group reveals its 2024 plan, celebrating 2nd anniversary
By Lee Jon-young SG Gold Group held a commemorative event at the Ellina Hotel in Nonhyeon-dong, Seoul on Jan. 29, 2024, inviting employees and stakeholders of the Group and its subsidiaries to report on the business performance of the year 2023 and announce the business plan for the new year 2024. SG Gold Group reported on its achievements over the past two years, stating that it has been striving to enhance the group's brand value through its own events, sponsorships and collaborations with external organizations, and has been building and expanding its business network at home and abroad thr
- 이존영 기자
- 2024-01-23 17:23
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Business Hanwha Life President Kim Dong-won pushes for global management in Davos
By Lee Jon-young Hanwha Life President and CGO Kim Dong-won attended the Davos Forum in Switzerland from January 15 to 19, and had a time of active exchange and cooperation with global financial industry leaders. Hanwha Life's global field management is aimed at expanding its activities beyond the limits of the domestic insurance market, where growth has stagnated due to market saturation and an aging population. President Kim, who visited Davos for the second year in a row, held more than 10 business meetings and focused on finding the direction of Hanwha's global strategy and exploring ways
- 이존영 기자
- 2024-01-19 11:17
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Business Korean Air collides with another airliner at Japanese airport
By Lee Kap-soo An accident occurred when a Korean Air plane collided with a Cathay Pacific plane in the snow at Sapporo Airport in Hokkaido, Japan. According to industry sources, Korean Air flight KE766 and a Hong Kong Cathay Pacific flight collided at 5:30 p.m. at New Chitose Airport in Sapporo, Hokkaido, on a flight to Incheon. According to the industry sources on Jan. 16, at around 5:30 pm on this day, Korean Air Flight KE766, scheduled to depart from Sapporo New Chitose Airport in Hokkaido to Incheon, and a Hong Kong Cathay Pacific passenger plane collided. The accident occurred when Korea
- Lee 기자
- 2024-01-17 16:13
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Business POSCO Chairman Choi Jeong-woo indicted for breach of trust in business
By Lee Kap-soo Chairman Choi Jeong-woo of POSCO Holdings, the holding company of the POSCO Group, and attendees in the overseas board meeting are under investigation for allegedly illegally executing expenses while holding the board meeting in Canada last year. According to police on Jan. 12, the Seoul Suseo Police Department is investigating 16 people, including Chairman Choi Jeong-woo, on suspicion of breach of trust in business. Choi and others are suspected of receiving financial support from POSCO subsidiaries other than POSCO Holdings for the board meeting last year. The board of directo
- Lee 기자
- 2024-01-15 16:48
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Business Samsung Electronics’ ‘AI for All’ vision unveiled at CES 2024
By Kayla Lee Samsung Electronics shared its vision for how artificial intelligence (AI) technology will enable people to experience their devices more intuitively and conveniently than ever before on Jan. 8. Presenting these ideas at a press conference at CES® 2024, Samsung teamed up with key partners to outline the technology behind this vision and how new products and services use AI capabilities to make life easier. Han Jong-hee, Vice Chairman, CEO and Head of Samsung’s Device eXperience (DX) Division, opened the press conference by describing how AI will enable connected technologies to im
- Lee 기자
- 2024-01-15 15:10
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Business LG to invest in electric vehicle (EV) charging and robotics in 2024
By Lee Kap-soo LG Electronics' CEO William Cho and key company executives introduced the strategies that LG is implementing to achieve its 'Future Vision 2030' goal, during a press conference held for Korean media in Las Vegas, Nevada, U.S.A., on January 10. The CEO began the proceedings by noting that LG had identified three major inflection points – electrification, servitization and digitalization – that will ultimately reshape business and the customer experience. The company aims to overcome challenges, such as persistent market and supply chain uncertainties, and accelerate growth by bui
- Lee 기자
- 2024-01-12 15:07
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Business Ilhwa Co. to export 200,000 cans of ‘Mc Col' to South Africa
By Lee Kap-soo Ilhwa Co. announced on Dec. 29 that it has signed a supply contract to export its barley carbonated beverage 'Mc Col' to South Africa. By signing a supply agreement with Trilion Cart, a local network group with many large affiliates in South Africa, Ilhwa will officially introduce Mc Col to the African market. The supply agreement totals 200,000 cans. Mc Col is Korea's leading longevity brand, launched in 1982. It is characterized by its cool and refreshing barley flavor. It has rich nutritional ingredients such as vitamins B1, B2, and vitamin C. It is currently exported to the
- Lee 기자
- 2024-01-03 16:27
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Business LG Chem holds the groundbreaking ceremony for its cathode plant in U.S.
By Lee Kap-soo LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. On December 20, LG Chem held the groundbreaking ceremony for its cathode plant in Tennessee. The event was attended by guests including Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, Senator Ma
- Lee 기자
- 2024-01-02 14:20
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Business Korea and Gulf Cooperation Council conclude FTA deal
By Lee Kap-soo Minister for Trade Dukgeun Ahn and Gulf Cooperation Council (GCC) Secretary General Jassim Mohammed Al-Budaiwi concluded and signed the joint statement for the Korea-GCC Free Trade Agreement (FTA) on December 28 in Seoul. The Korea-GCC FTA is Korea’s 25th FTA (by concluded order), and the second FTA with an Arab country following the Korea-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA) concluded in October. Trade Minister Ahn assessed, “Alongside the CEPA concluded with the UAE in October, this FTA signed with GCC is a major catalyst for the sprea
- Lee 기자
- 2024-01-02 11:34
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Business Cambodia’s new investment promotion policy attracts Korean investors
By Lee Kap-soo The Embassy of Cambodia in Seoul and the Korea International Trade Association (KITA) jointly held the 2nd Korea-Cambodia Business Forum at the Trade Tower in Seoul on Dec. 21. The forum was attended by Ambassador of Cambodia to Korea Chring Botumrangsay, Executive Vice Chairman Jeong Marn-ki of KITA, Oknha Sok Piseth, vice president of the Cambodian Chamber of Commerce and more than 150 Cambodian government officials and Korean businessmen. "The new Cambodian government's aggressive investment promotion policy has created a favorable environment for Korean businessmen to enter
- 관리자 기자
- 2023-12-28 09:29
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Business Hyundai Motor, Mubadala sign MOU to collaborate on future business
By Lee Kap-soo Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign investor, have signed a memorandum of understanding (MOU) to jointly explore potential business opportunities and synergies for future mobility and technologies. The signing ceremony, which took place on Dec. 15 in Abu Dhabi, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, and Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company. This marks the beginning of a strategic collaboration that will drive progress
- 관리자 기자
- 2023-12-28 09:16
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Business POSCO cooperates with Ho Chi Minh University to acquire talents in Vietnam
By Lee Kap-soo POSCO Group is cooperating with the College of Humanities and Social Sciences of Ho Chi Minh National University to acquire outstanding talents in Vietnam. ] POSCO Group Chairman Jeong-woo Choi inked a memorandum of understanding for industry-academia collaboration with Ngo Thi Phuong Lan, dean of the College of Humanities and Social Sciences of Ho Chi Minh National University on Dec. 7, focusing on securing outstanding talents for the group’s Vietnamese subsidiaries. The College of Humanities and Social Sciences is the premier institution in the humanities and social sciences f
- 관리자 기자
- 2023-12-28 09:13
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Business "If the military demarcation line opens, I hope to invite Blackpink to a party"
By Lee Jon-young A world-renowned investor Jim Rogers, chairman of Rogers Holdings, said on Nov. 11, "If the Military Demarcation Line (DML) is opened, I would like to invite people like the K-pop girl group Blackpink and have a big party." After meeting with Unification Minister Kim Young-ho at the Government Complex in Sejong-ro, Seoul, later in the day, he also said, "I would also invite bands from North Korea." "If Martians came, they would have a hard time believing (the reality of the North-South division)," he said, adding, "They would say, 'We speak the same language, we're in the same
- 관리자 기자
- 2023-12-28 09:07
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Business POSCO Int’l signs a business pact with Indonesian environmental protection agency
By Lee Kap-soo POSCO International announced on Oct. 30 that they have signed a business agreement with the local Environmental Protection Agency in Bogor, Indonesia, to strengthen activities in the Papua Bian River Wildlife Sanctuary. The signing ceremony on this day was attended by various officials, including Hyeon Chang-seop, Corporate Director of POSCO International PT. BIA, and Atanasius Guntara Martana, director of the Papua Environmental Protection Agency. Through this agreement, POSCO International will carry out activities in the Bian River Wildlife Sanctuary, which covers approximat
- 관리자 기자
- 2023-12-28 09:03
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2025-08-19 10:17
President Lee Jae-myung meets with visiting US Senators
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2025-08-18 10:44
South Korea-India foreign ministers' meeting held in New Delhi
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2025-08-13 15:30
Foreign Minister Cho and U.S. Deputy Amb. Joseph Yun visit Ulsan Shipyard
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2025-08-13 14:37
Unification Minister Chung meets with Swedish Ambassador Karl-Olof Andersson
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2025-08-13 10:40
President Lee holds a friendship event for Vietnam's top leader To Lam
Address: Doosan We've Pavilion 1203, Sambong-ro 81, Jongno-gu, Seoul
Date of first registration: Founded in 1996 as UN News, changed its name to The Diplomatic Journal in 2009
Registration No.: Jongno Ra00125/ Registration Date: 2009-04-14/ Registration Number: Seoul 아54606 / Registration Date: Dec. 13, 2022
Publisher: Damwha Media Group Chairman Lee Jon-young
Editor in Chief: Lee Jon-young/ Vice Chairman: Chung Bo-won/ Standing Advisor Lee Keon-chan / Senior Editorial Writer Ko Jae-hwe / Editorial Writer Lee Se-hoon / Managing Editor Lee Kap-soo/ Cultural Editor Lee Joon-seok/ Political Editor Lim Han-choong/ U.S. Branch Head Kim Joon-bae/ Business Editor Kayla Lee
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UPDATE: 2025년 08월 19일 10시 17분