Shopping without passport at S.Korea’s Lotte Duty Free

Shopping without passport at S.Korea’s Lotte Duty Free

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

India rises as LG's cash cow under revised S.Korean tax laws

India rises as LG's cash cow under revised S.Korean tax laws

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

HD KSOE gauges carbon emitted over LNG ship's lifespan

HD KSOE gauges carbon emitted over LNG ship's lifespan

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., is calculating the carb...

Kakao unveils index on user contributions to environment

Kakao unveils index on user contributions to environment

South Korea's mobile platform company Kakao Corp. on the occasion of World Environment Day on Monday unveiled on its website figures from the Kaka...

POSCO launches first product from its low-carbon Greenate brand

POSCO launches first product from its low-carbon Greenate brand

South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...

LG Chem breaks ground on 4th cathode material plant in S.Korea

LG Chem breaks ground on 4th cathode material plant in S.Korea

LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...

POSCO readies for leap to carbon-neutral steel

POSCO readies for leap to carbon-neutral steel

South Korea’s POSCO Group is preparing to produce carbon-neutral steel, using hydrogen instead of fossil fuels such as coal and natural gas, w...

Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea

Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea

South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to im...

S.Korea’s heated debate on domestic helpers from Southeast Asia

S.Korea’s heated debate on domestic helpers from Southeast Asia

South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...

Doosan Group to show hydrogen turbine model in Busan

Doosan Group to show hydrogen turbine model in Busan

Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...

S.Korea selects 100 core technologies to achieve carbon neturality

S.Korea selects 100 core technologies to achieve carbon neturality

South Korea has designated 100 core technologies to achieve carbon neutrality including heat pumps that retrieve heat from air and water, the green ...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Does Google Bard in Korean pose any risk to Naver, Kakao?

Does Google Bard in Korean pose any risk to Naver, Kakao?

MOUNTAIN VIEW, California – Global tech giant Google on Wednesday unveiled an upgraded version of Bard, its generative artificial intelligence...

Poshmark powers Naver earnings; HyperCLOVA X the next booster

Poshmark powers Naver earnings; HyperCLOVA X the next booster

South Korea’s online giant Naver Corp. reported better-than-expected quarterly earnings thanks to strong sales of Poshmark Inc. in the US. It ...

Wrtn to offer free access GPT-4 conversation services

Wrtn to offer free access GPT-4 conversation services

South Korean generative AI startup Wrtn Technologies announced on Thursday that it will offer unlimited free access to its conversation feature...

HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders

HD KSOE declares carbon neutrality in first for S.Korea's shipbuilders

South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co., is the first in domest...

S.Korea’s four firms to develop domestic tech for carbon capture

S.Korea’s four firms to develop domestic tech for carbon capture

South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...

S.Korea to grant visa-free entry to transit passengers from abroad

S.Korea to grant visa-free entry to transit passengers from abroad

Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...

Hotel Shilla to challenge Lotte’s duty-free shop dominance in Korea

Hotel Shilla to challenge Lotte’s duty-free shop dominance in Korea

South Korean leading luxury hotel and retail operator Hotel Shilla is challenging its crosstown rival Lotte, the dominant player in the country&rsqu...

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

Korea’s SK Gas to invest $1.5 bn toward carbon neutrality by 2026

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

Hyundai Steel unveils carbon neutrality roadmap

Hyundai Steel unveils carbon neutrality roadmap

South Korea's steelmaker Hyundai Steel unveiled on Wednesday its "Carbon Neutrality Roadmap" aimed at reducing its direct and indirect carbon emissi...

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

SK Ecoplant aims to cut CO2 emissions from fuel cell power generation

South Korea's SK Ecoplant Co. on Monday said it is conducting a project to recycle a small amount of carbon generated when a fuel cell produces elec...

Lotte’s soju team applauded as MZers bedazzled by sugar-free Saero

Lotte’s soju team applauded as MZers bedazzled by sugar-free Saero

Young consumers, dubbed millennials and Gen Zers, are by nature conscious of fleeting fads.These days, one of the hottest trends in South Korea is h...

Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen

Hyundai Engineering, SK Ecoplant to produce carbon-neutral hydrogen

South Korea's Hyundai Engineering Co. and SK Ecoplant Co. are teaming up with Ultra Safe Nuclear Corporation (USNC), a US micro modular reactor (MMR...

POSCO Group chairman presides over World Steel Association meeting

POSCO Group chairman presides over World Steel Association meeting

Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...

Korea’s debt-ridden public companies selling off overseas coal mines

Korea’s debt-ridden public companies selling off overseas coal mines

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

Samsung to transfer proprietary technologies to SMEs for free

Samsung to transfer proprietary technologies to SMEs for free

Samsung Electronics Co. has partnered with South Korean government to transfer patented technologies free of charge in an effort to support the grow...

Hanwha Solutions signs MOU with 7 companies for bio PVC biz

Hanwha Solutions signs MOU with 7 companies for bio PVC biz

Hanwha Solutions Corp., a South Korean petrochemical company, is partnering with domestic polyvinyl chloride (PVC) companies to promote the commerci...

POSCO pursues future energy cooperation with Malaysia's Petronas

POSCO pursues future energy cooperation with Malaysia's Petronas

South Korea’s POSCO Group on Sunday said its Chairman Choi Jeong-woo and Petronas Group of Malaysia CEO Tengku Muhammad Taufik in Kuala Lumpur...

F&F’s bid for TaylorMade complicates Centroid's exit plan S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales