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Business Hyundai Motor, University of Oxford establish foresight center in Britain
By Diplomacy Journal Lee Kap-soo Hyundai Motor Group and the University of Oxford held an opening ceremony for the Oxford-Hyundai Motor Group Foresight Centre at Oxford’s historic Convocation House on July 8 to mark a new partnership between the two organizations. Based at Saïd Business School, the Foresight Centre will support exploring the Group’s long-term vision and strategic direction. It will strengthen the Group’s ability to proactively shape the future and identify critical focus points to address future geopolitical shifts and risks in advance. The Centre will conduct innovative resea
- Lee 기자
- 2024-07-16 14:55
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Business LG Electronics honored at Volkswagen Group Award 2024
By Diplomacy Journal Lee Kap-soo LG Electronics has been honored at the Volkswagen Group Award 2024, which took place in Wolfsburg, Germany, on July 2. LG was recognized by the Volkswagen Group, one of the world’s premier automakers, in the ‘Partnership’ category for its outstanding development, manufacture and supply chain management of mobility technologies and solutions, including in-vehicle infotainment systems and connectivity products. The award highlights LG’s unwavering commitment to excellence and points to its growing reputation in the automotive sector as a trusted partner and innov
- Lee 기자
- 2024-07-12 15:05
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Business Shin-Line pushes for innovations from Korean-Kazakh businesses’ cooperation
By Diplomacy Journal Lee Kap-soo From a Small Family Factory to the Largest Production Facility in the Region: Andrey Shin and His Ice Cream Andrey Shin is a man who turned a small family business into the largest ice cream production company in Kazakhstan and Central Asia. How did he achieve this? It All Started with "Bomb" Shin-Line, a prominent company in Kazakhstan, is a recipient of numerous awards and part of the "Competitiveness Leaders - National Champions" program. The company's primary focus is ice cream production, accounting for 77% of its total output. Shin-Line also produces milk
- Lee 기자
- 2024-07-09 11:27
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Business The Embassy of Nepal hosts the Nepal’s Tourism Promotion Event in Seoul
By Diplomacy Journal Lee Kap-soo The Embassy of Nepal in Korea hosted the Nepal’s Tourism Promotion Event and B2B Meeting at the Korea Press Center in Seoul on June 27, 2024. Delivering welcoming and opening remarks by Prof. Dr. Jyoti Pyakural, Ambassador of Nepal to the Republic of Korea, said, “Nepal and Korea need to expand bilateral cooperation, especially in the tourism sector, this year, which marks the 50th anniversary of Nepal-Korea diplomatic relations. Accordingly, I hope that more Korean tourists will visit the beautiful country Nepal.” In the Nepal destination presentation, Hikmat
- Lee 기자
- 2024-06-28 14:56
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Business Korean Air passenger plane to Taiwan diverted due to an airframe defect
By Diplomacy Journal Lee Kap-soo Korean Air Flight KE189, which departed Incheon International Airport for Taichung International Airport in Taiwan, was diverted due to an airframe defect. Flight KE189 took off at 4:45 p.m., and about 50 minutes later, while flying over Jeju Island, a message was displayed stating that there was an "abnormality in the pressurization system". The pressurization system regulates the pressure inside the aircraft. The Boeing 737 MAX 8 in question is a Boeing 737 MAX 8, which was identified last October as having a 'pressure bulkhead' abnormality, leading to a glob
- Lee 기자
- 2024-06-26 11:03
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Business POSCO Int’l breaks ground for traction motor core plant in Poland
By Diplomacy Journal Lee Kap-soo POSCO International, led by CEO Lee Kye-in, is setting up a production base for the European electric vehicle (EV)market this year, following its expansion into the North American market last year. A groundbreaking ceremony for the new traction motor core plant was held in Brzeg, Opole Voivodeship, Poland on June 11, 2024. The event was attended by Opole Marshal Andrzej Bula, Brzeg Mayor Violetta Jaskolska-Palus, Korean Ambassador to Poland Lim Hoon-Min, POSCO International Green Industry Business Head Lee Young-Woo, and others. The new plant, which will occupy
- Lee 기자
- 2024-06-25 16:55
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Business Lotte Chairman Shin Dong-bin meets with Uzbek Prime Minister
By Diplomacy Journal Lee Kap-soo Lotte Group Chairman Shin Dong-bin met with Uzbekistan's Prime Minister Abdullah Arifov to discuss economic cooperation on June 13. According to Lotte Group, Shin visited Uzbekistan as part of President Yoon Suk-yeol's three-nation tour of Central Asia. While there, Shin met with Prime Minister Arifov and discussed ways to strengthen joint projects related to energy, tourism, and the food industry. "Lotte Group is one of Asia's largest conglomerates," said the Uzbek government, "and this high-level dialogue will lay the foundation for the development of our two
- Lee 기자
- 2024-06-24 15:25
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Business ISTE enters the Lithuanian hydrogen market
By Diplomacy Journal Lee Kap-soo ISTE signed an agreement with VILDUJA, a Lithuanian energy company, on March 27 to jointly promote various hydrogen projects, including the construction of on-site hydrogen refueling stations. VILDUJA has decided to cooperate with ISTE on technical cooperation and joint business in line with Lithuania's focus on developing the renewable energy and hydrogen industries. In recent years, Lithuania has been investing heavily in the renewable energy and hydrogen industries at the national level. As part of this, it is promoting the construction of on-site hydrogen r
- Lee 기자
- 2024-06-21 15:01
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Business “Kazakhstan with the golden triangle is a wonderful place to visit”
By Diplomacy Journal Lee Kap-soo “Kazakhstan is a wonderful place to visit. We have a golden triangle that any Korean should go and visit,” said Ambassador Nurgali Arystanov of Kazakhstan in Korea on June 19. Delivering welcoming remarks at the Kazakhstan Tourism Roadshow held at The Plaza Hotel in Jung-gu, Seoul, Amb. Nurgali Arystanov said, "Korea and Kazakhstan have a visa-free agreement and are close siblings with a six-hour direct flight," introducing Kazakhstan's accessibility and attractiveness as a travel destination. The ambassador highlighted three cities, known as the "Golden Triang
- Lee 기자
- 2024-06-20 11:26
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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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(Exclusive) Aifeex, a global multi-level Ponzi scam
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Vice Foreign Minister Park Yoon-joo holds Korea-Thailand Strategic Dialogue
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3
Hanwha Ocean wins $515 million overseas order to build 4 very large crude carriers
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4
Korea-Africa Foundation holds an Af-PRO (Africa Professional) lecture
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5
East Sea Coast Guard and Indonesian Embassy discuss crime prevention steps
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2025 Korea-Africa Startup Competition team visits Kenya
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2025-12-02 16:39
Peace blooming from the brush tips of K-Folk painting, "The power of Korean traditional beauty reaffirmed in Belarus"
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2025-12-02 14:54
(Exclusive) Aifeex, a global multi-level Ponzi scam
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2025-12-02 11:35
KB Bank Indonesia hosts 'KB Bank Economic Outlook 2026'
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2025-12-02 10:33
Vice Foreign Minister Park holds a meeting with his U.S. counterpart
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2025-12-01 16:52
Korea nears 1,000 high-growth “Venture Billion” companies in sales
Address: Doosan We've Pavilion 1203, Sambong-ro 81, Jongno-gu, Seoul
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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 / 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 12월 02일 16시 39분