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Business Korean firms in agriculture & food processing have promising prospects in India
By Diplomacy Journal Lee Kap-soo “India offers promising prospects to Korean companies doing business in agriculture and food processing fields,” said Y. Kim, Adjunct Professor at the Hankook University of Foreign Studies, Department of Indian languages, Director at the Institute of Indian Studies and author of books like "India Now" and "Guide to Indian Business Trip". At the 47th Speaker Forum, titled "Indian Elections 2024 - Political & Economic Outlook,” which was organized by the Indian Chamber of Commerce in Korea (ICCK), Prof. Kim, the keynote speaker, said, “Korean companies need t
- Lee 기자
- 2024-06-10 17:10
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Business “K-agriculture is the asset of the future”
By Diplomacy Journal Lee Joon-seok | Good Call & AT LAB, led by Chairman Lee Won-jung, are cultivating and processing high quality agricultural products (functional agricultural products) with their own patents and technologies, cultivating and distributing functional agricultural products with local governments and local agricultural cooperatives in various parts of Korea, and conducting safety and efficacy evaluation projects (animal experiments) with the Korea Institute of Oriental Medicine and efficacy evaluation projects (clinical trials) with Wonkwang Oriental University Hospital. In
- Lee Joon-seok 기자
- 2024-06-05 17:21
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Business “Croatia offers favorable business opportunities in the heart of Europe”
By Diplomacy Journal Lee Kap-soo “Any Korean company, which might be interested to invest in tourism and hospitality industry in Croatia, can find a very attractive business opportunity,” said Ambassador H.E. Damir Kušen of Croatia in Seoul. Delivering welcome speech at the Croatian-Korean Business Forum held at Coryo Daeyeongak Tower in Seoul, Amb. Kusen said, “Let me remind you that Croatia has more than 1700 kilometers of the coastline with a lot of opportunities for building tourism infrastructure and facilities. With an introduction of the new direct flights between Seoul and Zagreb, the
- Lee 기자
- 2024-06-04 16:20
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Business Court orders SK Chairman Chey Tae-won to pay $1 bil. in divorce settlement
By Diplomacy Journal Lee Kap-soo SK Group Chairman Chey Tae-won was ordered by an appellate court on May 30 to pay his estranged wife Roh So-young, the former late President Roh Tae-woo's only daughter, 1.38 trillion won (US$1 bil.) in property division and 2 billion won in alimony as part of his divorce from Roh. As for Choi's shares in SK Inc., a group holding company, which were not recognized as property to be divided in the first trial, the second trial ruled that the shares were subject to property division, saying that Roh had a contributory share. As the second trial court in the divor
- Lee 기자
- 2024-05-31 14:53
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Business POSCO-ICPC named “Supplier of the Year” by Schaeffler India
By Diplomacy Journal Lee Kap-soo POSCO-ICPC was named “Supplier of the Year” at the Supplier Day 2024 event held by Schaeffler India in Maharashtra, India, on April 18. Schaeffler India, a global automobile parts manufacturer, holds the Supplier Day event every two years to share its main performance and mid- to long-term strategies with key suppliers and award outstanding suppliers by evaluating them in nine categories, including quality, delivery, cost, innovation, and sustainability. POSCO-ICPC received the highest ratings in all categories at the event, which was attended by more than 200
- Lee 기자
- 2024-05-28 16:59
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Business Korea and UAE hold Business & Investment Forum in Seoul
By Diplomacy Journal Lee Kap-soo Minister for Trade Cheong In-kyo attended the Korea-UAE Business and Investment Forum on May 28, co-hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE) and the United Arab Emirates (UAE)’ Ministry of Economy and co-organized by Korea Chamber of Commerce and Industry (KCCI) and the UAE Embassy in Seoul, with aim to encourage both countries’ business leaders and their new partnerships. Held on the occasion of the UAE President Sheikh Mohamed bin Zayed’s first state visit to Korea and attended by UAE Minister of State for Foreign Trade Thani bin Ahmed
- Lee 기자
- 2024-05-28 16:27
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Business KCS Commissioner Ko attends 'European Business Meeting in Korea'
By Diplomacy Journal Lee Kap-soo Korea Customs Service (KSC) Commissioner Ko Kwang-hyo attended the 'European Business Roundtable in Korea' hosted by the European Chamber of Commerce in Korea on May 28. The meeting was attended by 30 representatives of European companies in Korea and the European Union Delegation to Korea, and Commissioner Ko was invited by Philippe Van Hoof, Chairperson of the European Chamber of Commerce in Korea (ECCK). Commissioner Ko expressed his pleasure to attend this year's event after last year's ('23.9.7), and shared the direction of tariff policy with European comp
- Lee 기자
- 2024-05-28 14:37
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Business KGCCI CEO inspires Korean students with insights on Korean-German business relations
By Diplomacy Journal Lee Kap-soo Dr. Martin Henkelmann, President and CEO of the Korean-German Chamber of Commerce and Industry (KGCCI), gave a special lecture to 100 students at Busan University of Foreign Studies (BUFS) on May 22, 2024. Dr. Henkelmann’s presentation, titled “Working in German Companies - Benefitting from the Growing Korean-German Business Relations,” offered valuable insights into the dynamic and evolving business relations between South Korea and Germany. He highlighted the opportunities and advantages for Korean students aspiring to build careers in German companies and em
- Lee 기자
- 2024-05-23 10:41
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Business Vietnamese Amb. Vu Ho says, “We will help Korean SMEs enter Vietnam”
By Diplomacy Journal Lee Kap-soo Ambassador Vu Ho of Vietnam to Korea, delivered a greeting at the 'Beyond Korea, a Public-Private Partnership Conference to Support SMEs and Venture Companies to Go Global' held at the Korea Chamber of Commerce and Industry in Seoul on May 22. The event was the first event organized by the public-private partnership to support the overseas expansion of SMEs and venture firms, and Vietnam was selected as the first theme country as there is a high demand for SMEs to expand overseas. The government has decided to build a strong foundation for globalization by focu
- Lee 기자
- 2024-05-22 16:32
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Business Kyrgyzstan's Energy Minister Talaibek Ibraev meets with KEPCO CEO Kim Dong-cheol
By Diplomacy Journal Lee Kap-soo KEPCO, led by CEO Kim Dong-cheol, signed a memorandum of understanding (MOU) with the Ministry of Energy of the Kyrgyz Republic for technical cooperation in the energy sector, KEPCO announced on May 10. The MOU provides an opportunity for KEPCO to cooperate with the Kyrgyz Republic on new energy technologies such as high-voltage direct current transmission (HVDC) and intelligent electricity metering system (AMI). “We will share our experience in growing the power business with the Kyrgyz Republic and continue to cooperate on new energy projects such as high-vol
- Lee 기자
- 2024-05-10 15:15
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Business LH restricts GS E&C, 2 others from bidding on public works for 1 year
By Diplomacy Journal Lee Kap-soo GS E&C, Dongbu E&C, and Daebo E&C have received a one-year ban from bidding on public works projects from LH in connection with the collapse of the underground parking lot of an apartment building in Geomdan, Incheon, last year. GS E&C and Dongbu E&C announced on May 3 that they have been notified by LH that they have been banned from bidding on public works projects. As a result, the companies will not be able to participate in bidding for public works projects ordered by domestic public institutions for one year from May 22 this year to Ma
- Lee 기자
- 2024-05-08 11:03
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Business SK On's Cobalt-free battery wins bronze at 2024 Edison Awards
By Diplomacy Journal Lee Kap-soo SK On, a leading global electric vehicle (EV) battery manufacturer, announced that its Cobalt-free battery has won a Bronze award in the Smart Transportation category at the prestigious 2024 Edison Awards on April 18. The latest honor not only shows SK On's technological prowess but also underscores the company’s commitment to ethical innovation and sustainable progress in the green energy sector. SK On's Cobalt-free battery is considered a breakthrough in EV battery technologies, overcoming technological barriers in cobalt-free cathode material compositions. R
- Lee 기자
- 2024-04-26 16:29
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Business Romanian President Iohannis meets with Doosan Enerbility Chairman Park
By Diplomacy Journal Lee Kap-soo Romanian President Klaus Iohannis visited the headquarters of Doosan Enerbility in Changwon, Gyeongsangnam-do, on April 24 and met with Chairman & CEO Park Gee-won of the company. Romania is in the process of building its first small modular reactor (SMR) power plant. Romania's RoPower is planning to build a 462-megawatt (MW) SMR plant at the site of a coal-fired power plant in the Doişeşti region. US-based NuScale Power will supply six 77-megawatt (MW) SMRs to the plant, and Doosan Enerbility will manufacture and deliver reactor modules, the core equipment
- Lee 기자
- 2024-04-25 16:52
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Business Kazakh President Tokayev meets with KIA CEO Song Ho-sung
By Diplomacy Journal Lee Kap-soo Kazakh President Tokayev received the CEO of KIA Corporation, Song Ho-sung on April 23, 2024. During their meeting, it was emphasized that the production of cars is one of the key areas of Kazakhstan’s industrial policy. CEO Song talked about the progress of construction of a full-cycle car production plant in Kostanay, which will be built in 2025. This ambitious project has already attracted over 200 million US dollars in investment and is expected to create 1,500 permanent jobs. The plant is designed with a capacity to produce 70,000 cars annually, with 50,00
- Lee 기자
- 2024-04-25 10:49
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Business K-water CEO Yun visits Kyrgyzstan for cooperation in the water sector
By Diplomacy Journal Lee Kap-soo K-water has decided to expand global cooperation to jointly respond to the climate crisis and expand water industry exports. Related to this, K-water CEO Yun Seog-dae visited Kyrgyzstan to meet with high-level government officials, sign business agreements and discuss ways to expand cooperation in the water sector in April. Kyrgyzstan is a key partner country of Korea. Kyrgyzstan and South Korea have been cooperating mainly in the fields of environment and health and hygiene. As the lead agency for the Ministry of Environment's International Greenhouse Gas Redu
- Lee 기자
- 2024-04-24 16:11
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1
Dominican Embassy and ProDominicana host the “Dominican Republic-Korea Business Forum”
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Kazakh traditional fashion show held in Seoul
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Tajikistan showcases rich culture in Seoul and Gwangju events
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National Art Museum of Belarus hosts K-Minwha Invitational Exhibition
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Higgsfield AI becomes Kazakhstan’s first unicorn startup, valued at over $1 billion
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Groundbreaking of Mahenge graphite project held in Tanzania
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2025-10-14 16:44
Kazakh culture presented in Gwangju and Seoul, South Korea
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2025-10-14 15:33
Hosting of the UNESCO General Conference in Samarkand
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2025-10-14 14:46
National Art Museum of Belarus hosts K-Minwha Invitational Exhibition
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2025-10-14 11:38
[Cambodia: A nation of crime] Part 1: Cambodia's true colors - A tourist destination stained with blood
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2025-10-14 10:51
If you have a happy mind, 90% of illness goes away
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 10월 14일 16시 44분