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  • Companies

    CJ CheilJedang to roll out land-grown Korean seaweed

    CJ CheilJedang will roll out land-grown Korean seaweed through a new commercialization facility, as the company looks to capitalize on growing global demand for Korean seaweed while responding to rising seawater temperatures and other climate change-driven disruptions. The company said Monday it will establish the land-based farming facility in Cheonan, South Chungcheong Province, in August. The move marks a commercialization stage following the company's development of Korea’s first seaweed land farming technology in 2018, successfully cultivating seaweed in a 3-ton tank in 2021 and securing a dedicated seaweed variety in 2022. The facility is scheduled for completion in the first half of next year, and seaweed products produced there will be marketed under the Bibigo Seaweed brand. To support the project, CJ CheilJedang will establish cooperation programs with local governments and fishing communities. The facility will be equipped with multiple tanks and cultivation systems. Based on its proprietary seaweed variety, seaweed life cycle control technology and integrated quality manage

    2 MIN READBy Nam Hyun-woo
    CJ CheilJedang to roll out land-grown Korean seaweed
  • Companies

    SK Telink, KEPCO, Starlink Korea launch satellite network initiative for power grid emergencies

    2 MIN READBy Jhoo Dong-chan
    SK Telink, KEPCO, Starlink Korea launch satellite network initiative for power grid emergencies
  • Companies

    British Business Awards recognize innovation, excellence, community leadership

    3 MIN READBy Lee Gyu-lee
    British Business Awards recognize innovation, excellence, community leadership
  • Companies

    Shinsegae chairman to receive history lesson over 'Tank Day' fiasco

    3 MIN READBy Ko Dong-hwan
    Shinsegae chairman to receive history lesson over 'Tank Day' fiasco
  • Companies

    KT rolls out AI store assistant to break language barriers for int'l customers

    2 MIN READBy Lee Kyung-min
    KT rolls out AI store assistant to break language barriers for int'l customers
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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.

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Companies

KT, Microsoft join forces to launch Korean-style AI, cloud services

KT and Microsoft have joined forces to co-develop Korea-tailored artificial intelligence (AI) and cloud computing solutions amid the global rise of the two promising tech areas, the companies said Sunday.

Sep 29, 2024By Lee Min-hyung
KT, Microsoft join forces to launch Korean-style AI, cloud services
Companies

Lotte Group steps up social initiatives for regional communities

Lotte Group is launching more corporate social responsibility initiatives to support marginalized groups and protect the environment.

Sep 29, 2024By Lee Min-hyung
Lotte Group steps up social initiatives for regional communities
Companies

US Navy woos HD Hyundai, Hanwha

U.S. naval officers and high-ranking diplomats at the U.S. Embassy in Korea visited R&D facilities of HD Hyundai and Hanwha Ocean, Friday, to seek cooperation with the Korean shipbuilders.

Sep 29, 2024By Park Jae-hyuk
US Navy woos HD Hyundai, Hanwha
Banking & Finance

Korea Zinc distorts WSJ report about ownership fight: MBK

Private equity firm MBK Partners slammed Korea Zinc and its Chairman Choi Yoon-beom for distributing a press release to reporters that “seriously distorted” the Wall Street Journal’s (WSJ) news article about the ongoing disputes over the management rights of the world’s largest zinc smelter.

Sep 29, 2024By Jun Ji-hye
Korea Zinc distorts WSJ report about ownership fight: MBK
Companies

More Korean firms commence downsizing amid market uncertainty

Uncertainties about the current business environment have triggered workforce reductions across many industries here.

Sep 29, 2024By Park Jae-hyuk
More Korean firms commence downsizing amid market uncertainty
Companies

LG Energy Solution hosts Battery Tech Conference

LG Energy Solution shared its corporate vision and differentiated business portfolio during a recent tech conference in a preemptive move to recruit top-level battery experts, the company said Sunday.

Sep 29, 2024By Lee Min-hyung
LG Energy Solution hosts Battery Tech Conference
Tech & Science

Research accuses suspected China accounts of manipulating online opinion on Korean industries

An eight-month research project found that suspected Chinese accounts have allegedly manipulated online public opinion on Korean industrial sectors that compete with Chinese firms, according to the private research Sunday.

Sep 29, 2024By Yonhap
Research accuses suspected China accounts of manipulating online opinion on Korean industries
Banking & Finance

Hanwha denies speculation on backing Korea Zinc concerning management dispute

Hanwha Corp., the holding company of Hanwha Group, denied speculation, Friday, that the country’s No. 7 conglomerate may back Korea Zinc Chairman Choi Yoon-beom amid a fierce battle over Korea Zinc's management rights against a coalition of MBK Partners and the smelter's largest shareholder, Young Poong.

Sep 27, 2024By Yi Whan-woo
Hanwha denies speculation on backing Korea Zinc concerning management dispute
Banking & Finance

Vets' incomes rise faster than doctors' as more Koreans choose pets over babies

Veterinarians' yearly income has been increasing at a faster pace compared to other highly skilled professionals in Korea, data showed Friday.

Sep 27, 2024By Yi Whan-woo
Vets' incomes rise faster than doctors' as more Koreans choose pets over babies
Banking & Finance

Woori Bank launches 4 new 'global desks' to serve foreign customers

Woori Bank opened four new branches dedicated to foreign customers, called "global desks," on Friday. Some of them will also begin operating on Sundays for the convenience of customers.

Sep 27, 2024By Lee Yeon-woo
Woori Bank launches 4 new 'global desks' to serve foreign customers
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