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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

OCI Energy signs storage capacity deal to supply power to San Antonio

OCI Energy, a U.S.-based solar power unit of OCI Group, has signed a long-term storage capacity agreement with CPS Energy of the United States for an energy storage system (ESS) project in Texas, which will supply solar power to the San Antonio region from 2027.

Dec 10, 2024By Nam Hyun-woo
OCI Energy signs storage capacity deal to supply power to San Antonio

P&G Korea makes winter washing easy with Febreze

P&G Korea is drawing attention from households that are increasingly struggling to remove obnoxious odors from clothes, bedding and other household items in winter. The season makes people wear more voluminous and heavier clothing, making it harder to wash off odors. The colder climate can also make it difficult to refresh indoor air by letting in cold wind, a hassle for those wanting to warm up inside.

Dec 10, 2024By Ko Dong-hwan
P&G Korea makes winter washing easy with Febreze

AMCHAM urges US firms to trust Korea's resilience

It was revealed that American Chamber of Commerce in Korea (AMCHAM) Chairman James Kim sent its members an email on Dec. 4 addressing the developments concerning the martial law declaration that President Yoon Suk Yeol had announced the previous night and lifted soon after.

Dec 10, 2024By Park Jae-hyuk
AMCHAM urges US firms to trust Korea's resilience
  • Policymakers still busy reassuring foreign business communities

8 in 10 SMEs hold negative view on business conditions for next year: survey

More than eight out of 10 small and medium-sized enterprises (SMEs) in Korea expect their business conditions to remain gloomy, if not worsen, next year, a survey showed Tuesday.

Dec 10, 2024By Yonhap
8 in 10 SMEs hold negative view on business conditions for next year: survey

Heroic coastguardsmen honored

S-Oil CEO Anwar A. Al-Hejazi, center, poses with coast guard honorees during a ceremony to recognize their collective heroism at Seoul Garden Hotel, Monday. The oil refiner said it gave a combined 90 million won ($63,000) to the eight award-winning members of the coast guard. The S-Oil CEO was also appointed as an honorary coastguardman in recognition of the company's various support programs for coastguardsmen. Courtesy of S-Oil

Dec 10, 2024By Park Jae-hyuk
Heroic coastguardsmen honored

LG braces for Trump's return

LG Chem CEO Shin Hak-cheol, right, poses with Republican Sen. Marsha Blackburn from the U.S. state of Tennessee during their meeting in Washington, Monday (local time). Shin told reporters that LG Chem will continue its planned investments in Tennessee under the presidency of Donald Trump, as the company views possible changes in U.S. policies as opportunity factors. Blackburn wrote on social media that they discussed why Tennessee is the best state to do business in. It remains uncertain whether they talked about Korea's political and economic situation after President Yoon Suk Yeol's short-lived martial law declaration. Screenshot from Sen. Blackburn's X

Dec 10, 2024By Park Jae-hyuk
LG braces for Trump's return

Telegram installation surges in Korea on fears of state censorship under martial law

New installations of global messaging app Telegram have spiked in Korea, data showed Tuesday, as concerns brewed over possible media censorship following the martial law fiasco.

Dec 10, 2024By Yonhap
Telegram installation surges in Korea on fears of state censorship under martial law

Korean firms to dominate CES Innovation Awards in 2025

Korean companies are set to receive a large number of innovation awards at the upcoming CES 2025, the country's state-run trade promotion agency said Tuesday.

Dec 10, 2024By Yonhap
Korean firms to dominate CES Innovation Awards in 2025

18 automakers fined $8.17 mil. for subpar safety standards

The transport ministry said Tuesday it has imposed fines totaling 11.7 billion won ($8.17 million) on 18 foreign and domestic automakers for selling cars with inadequate safety standards.

Dec 10, 2024By Yonhap
18 automakers fined $8.17 mil. for subpar safety standards

Korean auto market plagued by political unrest, frozen consumption

The nation’s auto market is grappling with a double blow of unexpected political upheaval and sharply declining domestic consumption, resulting in a decade-low number of new vehicle registrations.

Dec 10, 2024By Lee Min-hyung
Korean auto market plagued by political unrest, frozen consumption
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