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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.

KHNP begins construction of nuclear power facility in Romania

The state-run Korea Hydro & Nuclear Power Co. (KHNP) said Tuesday it has begun the construction of a tritium removal facility for a nuclear power plant in Romania.

Jun 11, 2024
KHNP begins construction of nuclear power facility in Romania

Moviation launches Korea’s first urban aerial mobility services

Moviation has launched Korea's first urban aerial mobility (UAM) service, Vonaer, giving a time-saving boost to local transportation across areas with heavy traffic or geographic traits unfavorable to land mobility, according to the company, Monday.

Jun 11, 2024By Ko Dong-hwan
Moviation launches Korea’s first urban aerial mobility services
  • Moviation launches private jet service for Asian nations

Seoul ranked 9th best city for startup ecosystem in 2024 Startup Genome report

Seoul was ranked the ninth best city for launching a startup in an annual report published on Monday by a U.S. startup research firm, the highest spot the city has ever achieved.

Jun 10, 2024
Seoul ranked 9th best city for startup ecosystem in 2024 Startup Genome report

Younger brother of SK Group chairman moved to lead conglomerate's energy units

The younger brother of SK Group Chairman Chey Tae-won was formally moved Monday to lead the conglomerate's energy units, in an apparent move by Chey to tighten the Chey family's grip and restructure the group's business portfolio.

Jun 10, 2024
Younger brother of SK Group chairman moved to lead conglomerate's energy units

KG Mobility refutes credibility of fatal accident reenactment

KG Mobility, former known as SsangYong Motor, on Monday refuted the results of a recent reenactment test conducted to determine the cause of a suspected unintended acceleration accident involving a company-produced vehicle that led to the death of a teenager.

Jun 10, 2024
KG Mobility refutes credibility of fatal accident reenactment

Kolmar fined for illegally assisting company owned by chairman's daughter

A subsidiary of Kolmar BNH has been fined for assisting a company owned by the daughter of Kolmar Korea Chairman Yoon Dong-han, the nation's top antitrust agency said Monday. It said the firm was able to gain a competitive advantage over its rivals due to the unfair support from the Kolmar affiliate.

Jun 10, 2024By Lee Min-hyung
Kolmar fined for illegally assisting company owned by chairman's daughter

GS E&C builds classrooms for after-school programs, supports kids of low-income families

GS Engineering and Construction (E&C) is joining hands with the Seoul Metropolitan Office of Education (SMOE) to establish the Elementary Dolbom (care) after-school program for low-income and dual-income families, the construction company said Monday.

Jun 10, 2024By Baek Byung-yeul
GS E&C builds classrooms for after-school programs, supports kids of low-income families

SK, POSCO, Lotte chiefs join Yoon's trip to mineral-rich Central Asia

The chairmen of SK, POSCO and Lotte will accompany President Yoon Suk Yeol on his state visits to Turkmenistan, Kazakhstan and Uzbekistan this week to seek business cooperation with the mineral-rich Central Asian countries, according to industry officials Monday.

Jun 10, 2024By Park Jae-hyuk
SK, POSCO, Lotte chiefs join Yoon's trip to mineral-rich Central Asia
  • Korea, Turkmenistan agree to enhance cooperation in energy, infrastructure projects

KCCI opens new office in Germany

The Korea Chamber of Commerce and Industry (KCCI) opened a new office in Germany to strengthen its bilateral business ties between Korea and the European country amid global supply chain instability, the business lobby said Monday.

Jun 10, 2024By Lee Min-hyung
KCCI opens new office in Germany

Saudi Arabia's NEOM project unlikely to match Korean firms' expectations

Korean companies may not be able to enjoy the benefits they have anticipated from Saudi Arabia’s NEOM project, as the Middle Eastern country appears to be scaling down the urban development project amid its prolonged financial difficulties, according to industry officials, Monday.

Jun 10, 2024By Park Jae-hyuk
Saudi Arabia's NEOM project unlikely to match Korean firms' expectations
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