By Diplomacy Journal Lee Kap-soo Seoul-based global consulting firm Korever Company (CEO Rahil Ahmadova) announced the signing of a strategic partnership agreement with Medicana Health Group, Türkiye’s largest private healthcare provider, on August 28, 2025. The agreement was concluded jointly with Eventi Venti (CEO Ece Sandalli), Korever Company’s local partner in Türkiye. Through this partnership, Korever Company will prioritize linking advanced medical technologies and solutions from Korea and Asia with Medicana’s hospital network, while pursuing collaborative initiatives such as joint rese
By Diplomacy Journal Lee Kap-soo HS Hyosung awarded scholarships to four students in Huntsville, Madison, and Decatur, Alabama, who are preparing to enter university, on August 16 (local time). Through its U.S. subsidiary, HS Hyosung USA, the company collaborated with the Korean-American community in northern Alabama to provide scholarships as part of a Liberation Day commemorative event. Recipients were selected from among outstanding local students who face financial difficulties, are children of public servants such as firefighters and police officers, or are direct descendants of Korean Wa
By Diplomacy Journal Lee Kap-soo Hyundai Motor Group demonstrated its global hydrogen leadership at the 16th Clean Energy Ministerial (CEM16) held in Busan, reinforcing the Group’s commitment to advancing hydrogen innovation on an international stage. During CEM16, the Group actively participated in two high-level dialogues, sharing perspectives on industrial decarbonization, energy efficiency and the role of hydrogen as a future energy source. By engaging with global leaders, including ministerial delegations from member countries and key representatives from international organizations, the
By Diplomacy Journal Lee Kap-soo The appliance innovation legacy of Samsung Electronics extends from microwave ovens with TVs and talking refrigerators to IoT-enabled refrigerators. These appliances have steadily evolved into today’s Bespoke AI lineup — products that understand users and provide personalized solutions. Under the theme “AI Home: Future Living, Now,” Samsung will present an advanced AI Home experience1 at IFA 2025, Europe’s largest home appliance exhibition, taking place in Berlin from September 5-9. As the event draws nearer, Samsung Newsroom is taking a closer look at the comp
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Marie Antonia von Schönburg), in cooperation with the Gwangju Free Economic Zone Authority, held the KGCCI Half-Year Economic Outlook 2025 on August 28 at the Four Seasons Hotel. The event, organized to provide exclusive insights into the developments of Korean-German business relations in these challenging times, drew the participation of more than 80 key officials, business leaders and experts from Korean and German companies and institutions. Speakers included Joern Beissert, Depu
By Diplomacy Journal Kayla Lee The American Chamber of Commerce in Korea signed a Memorandum of Understanding (MOU) on Aug. 26 with PTC to accelerate smart manufacturing innovation and promote the wider adoption of U.S.-developed industrial technologies in Korea, as part of AMCHAM’s ongoing “Buy America” campaign. The signing ceremony, held at the Conrad Seoul Hotel, was attended by James Heller, Deputy Chief of Mission at the U.S. Embassy in Seoul. His presence underscored the strategic significance of the partnership in deepening bilateral economic cooperation through digital transformation
By Diplomacy Journal Lee Kap-soo HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Aug. 27 that it is pursuing restructuring of its shipbuilding business to enhance global competitiveness and expand orders in Korea’s shipbuilding and defense sectors, as the MASGA project is set to go into full swing. On the 27th, HD KSOE, HD Hyundai Heavy Industries (HHI), and HD Hyundai Mipo (HMD) each held board meetings, where HHI and HMD approved a merger agenda. Following an extraordinary general meeting and merger review process, the two companies will relaunch this December as the
By Diplomacy Journal Lee Kap-soo “Chhattisgarh is the growth engine of central India and the Indian state offers friendly environment to Korean investors,” said Honorable Chief Minister of Chhattisgarh, Mr. Vishnu Deo Sai, at an investment seminar. Chhattisgarh is the 9th largest state of India with 135,000 square meters. The Indian Chamber of Commerce in Korea (ICCK) held the event, titled Chhattisgarh Investor Connect in Seoul” on August 27, 2025 at Lotte Hotel, jointly organized by the Government of Chhattisgarh (a provincial government in India) and the Embassy of India, Seoul. Chief Minis
By Diplomacy Journal Lee Kap-soo Samsung Electronics today announced it will be unveiling its latest laundry innovations at IFA 2025 in Berlin, including the new Bespoke AI Washer with A-65% energy efficiency and the second-generation Bespoke AI Laundry Combo. These new models demonstrate Samsung’s ongoing commitment to delivering energy savings, intelligent features and stylish designs that align with the evolving needs of users around the world. “With the new A-65% washer, Samsung has pushed the boundaries of convenience and energy efficiency once again,” said Jeong Seung Moon, EVP and Head
By Diplomacy Journal Lee Jon-young President Lee Jae-myung attended the ‘Korea-U.S. Business Roundtable- Manufacturing Renaissance Partnership’ held at a hotel in Washington D.C., U.S., on August 25 (local time), the Presidential Office announced. Held to coincide with President Lee's first visit to the U.S., the event was attended by 16 prominent Korean business leaders with significant cooperative ties to the U.S. across various sectors. They included Ryu Jin, Chairman of the Korea Economic Association; Lee Jae-yong, Chairman of Samsung Electronics; Chey Tae-won, Chairman of SK; Chung Eui-su
By Diplomacy Journal Lee Kap-soo The Korean-German Chamber of Commerce and Industry (KGCCI, President & CEO Marie Antonia von Schönburg) will host “Guide Walkers” joint CSR event on September 7, 2025, at Sangam World Cup Park in Seoul, South Korea. Now in its third year, the initiative brings together nearly 700 colleagues and partners from KGCCI and its member companies who will serve as guide walkers for individuals with visual impairments at the 11th Harmony Marathon with Visually Impaired, organized by Seoul Disabled Sports Association. First launched in 2023 to commemorate 140 years o
By Diplomacy Journal Kayla Lee Minister of Foreign Affairs Cho Hyun, together with Joseph Yun, Chargé d’Affaires at the U.S. Embassy, Kim Seok-ki, Chair of the National Assembly’s Foreign Affairs and Unification Committee, Kim Gi-hyeon, Chair of the Special Committee for Supporting the APEC Economic Leaders’ Meeting, and National Assembly members Kim Geon, Kim Sang-wook, and Kim Tae-Seon, visited HD Hyundai’s Ulsan Shipyard to inspect shipbuilding operations and major facilities on August 13. This visit was organized amid continued emphasis on strengthening bilateral cooperation in the shipbui
By Diplomacy Journal Lee Kap-soo Following the Korea-Vietnam Summit, companies and organizations from both countries signed 52 Memoranda of Understanding (MOUs) to expand cooperation in industries, energy, and other sectors. The Ministry of Trade, Industry and Energy announced on August 12 that it held the "Korea-Vietnam Business Forum" at the Lotte Hotel in Jung-gu, Seoul. The forum was attended by approximately 500 government officials, organizations, and businesspeople, including Vietnamese Party Secretary General To Lâm and Prime Minister Kim Min-seok. At the forum, 52 MOUs were signed bet
By Diplomacy Journal Lee Kap-soo Hyundai Motor Company and General Motors announced plans for their first five co-developed vehicles on Aug. 6, marking a significant milestone in their previously announced strategic collaboration. The two companies will co-develop four vehicles for the Central and South American market, including a compact SUV, car and pick-up, as well as a mid-size pick-up, all with the flexibility to use either internal combustion or hybrid propulsion systems. Hyundai and GM also will co-develop an electric commercial van for North America. Hyundai and GM expect sales of the
By Diplomacy Journal Lee Kap-soo Korean Air has signed a Memorandum of Understanding (TA) with Anduril, a US defense company, to establish partnerships in the unmanned aerial vehicle (UAV) sector in Korea and the Asia-Pacific region. The signing ceremony took place at the Four Seasons Hotel in Jongno-gu, Seoul. Key officials from both companies, including Lim Jin-gyu, head of Korean Air's Aerospace Division, and Palmer Luckey, founder of Anduril, attended the event. Anduril signed partnerships with major Korean defense companies at the official launch of its Korean branch, hosted by the US Dep