Business - The Korea Times

Czech order opens gates for more Korean nuclear plant exports to Europe

Korea’s landmark success in securing a major nuclear power project in the Czech Republic will pave the way for Asia’s fourth-largest economy’s to attract more reactor orders from other European countries, according to the Ministry of Trade, Industry and Energy, Thursday.

Jul 18, 2024By Lee Min-hyung

Czech order opens gates for more Korean nuclear plant exports to Europe

Maeil Dairies CEO sees opportunities amid challenges posed by nation's low birthrate

SEOGWIPO, Jeju Island — Korea, which has the world's lowest birthrate, faces major challenges for its dairy industry. However, the country's aging population is also creating new opportunities, according to the first female CEO in the nation’s dairy industry, Thursday.

Jul 18, 2024By Park Jae-hyuk

Maeil Dairies CEO sees opportunities amid challenges posed by nation's low birthrate

SK chief rides Hyundai's firefighter recovery support bus

Korea Chamber of Commerce and Industry (KCCI) and SK Group Chairman Chey Tae-won, center, and Hyundai Motor Group Senior Vice President Kim Dong-wook, third from left, talk with participants of the 47th KCCI Jeju Forum, while inside a firefighter recovery support vehicle at The Shilla Jeju, Thursday. Last month, the carmaker donated the hydrogen electric bus to enhance the welfare of firefighters on the southern resort island. Courtesy of KCCI

Jul 18, 2024By Park Jae-hyuk

SK chief rides Hyundai's firefighter recovery support bus

Korea wins $17.3 bil. nuclear power plant order from Czech Republic

Korea Hydro & Nuclear Power (KHNP) was selected, Wednesday, as the preferred bidder for a 24 trillion won ($17.3 billion) project to build nuclear power plants in the Czech Republic, according to the state-run nuclear power plant operator.

Jul 17, 2024By Lee Min-hyung

Korea wins $17.3 bil. nuclear power plant order from Czech Republic

SK approves merger of energy affiliates

SK Group’s energy units, SK Innovation and SK E&S, will merge as early as November to establish an energy titan whose combined assets are projected to surpass 100 trillion won ($72.3 billion) in value.

Jul 17, 2024By Nam Hyun-woo

SK Innovation, SK E&S boards approve merger to create energy giant in Korea

The boards of SK Innovation and SK E&S, two major energy affiliates of SK Group, approved a proposed merger of the two companies Wednesday, creating the largest energy entity in Korea with combined assets of 106 trillion won ($76.5 billion).

Jul 17, 2024By Yonhap

SK Innovation, SK E&S boards approve merger to create energy giant in Korea

Goobne Chicken opens 1st outlet in Philippines

GN Food, the operator of Goobne Chicken, Korea's leading roast chicken franchise, said Wednesday it has opened its first outlet in the Philippines as part of its expansion strategy.

Jul 17, 2024By Yonhap

Goobne Chicken opens 1st outlet in Philippines

AI to take center stage at KCCI forum

SEOGWIPO, Jeju Island — Around 600 businesspeople from conglomerates and small- and medium-sized enterprises nationwide came to the southern resort island of Jeju, Wednesday, to attend the 47th Korea Chamber of Commerce and Industry (KCCI) Jeju Forum.

Jul 17, 2024By Park Jae-hyuk

Mom's Touch makes strides into Japanese market

Mom's Touch is enhancing its presence in the Japanese market with various collaborations with other Korean brands.

Jul 17, 2024By Jhoo Dong-chan

Mom's Touch makes strides into Japanese market

Korea needs more incentives for drivers with pedal black boxes: experts

Experts and company officials have recommended that Korea increase incentives for drivers to install pedal black boxes, pointing to ongoing reports of suspected sudden acceleration incidents as a major social issue.