Five energy and automobile companies from Thailand, Spain and France pledged to invest a combined $940 million in Korea, submitting investment applications to the Ministry of Trade, Industry and Energy on Tuesday.
Korea aims for a balanced approach with Chinese investors at the 2023 Invest Korea Summit in Busan, offering administrative support and exploring business opportunities.
Central in China’s shift to EVs was Wan Gang, who studied in Germany after the Cultural Revolution and worked at Audi, in charge of technical innovation.
Earlier this month, the Korean government announced its plan to construct 10 additional power plants, fueling a debate as to whether or not South Korea can sustain its constantly growing demand for energy without fossil fuels.
Investors have filed a complaint against two crypto lenders — Haru Invest and Delio — over alleged fraud.
President Yoon Suk-yeol welcomed Kenyan President William Ruto to the Yongsan Presidential Office on Wednesday afternoon, hosting a Kenyan leader for the first time in over 30 years...
A Big Think, hosted by the city-run investment promotion agency, is a startup idea competition for foreigners who want to start tech-based start-ups in Korea.
Kakao Entertainment will spend 10 billion won ($7.5 million) over the next five years funding webtoonists and other creators, no strings attached. The project will be carried out by the Kakao Creative Foundation, a subsidiary established last ...
Lotte Group is continuing to expand its business into future-oriented industries with a five-year plan to secure future growth engines.
Invest Seoul, the capital city’s foreign investment promotion agency, is hoping for a new, post-pandemic wave of investment, promising global financial institutions and businesses one-stop support.
Korea JoongAng Daily Sitemap