South Korea's Science, Technology, Information and Communication Minister Yoo Young-min, Deputy Prime Minister and Education Minister Yoo Eun-hye, Trade, Industry and Energy Minister Sung Yun-mo, Health and Welfare Minister Park Neung-hoo and Fair Trade Commission Chairman Kim Sang-jo visited th

Shinhan Bank said on June 23 that it has signed a comprehensive business agreement with Octopus Cards Ltd., Hong Kong's leading contactless prepaid card operator, for strategic cooperation in the digital business sector.Octopus is the operator of Octopus cards, which are used as a micro-payment

Hana Tour is set to stand trial for leaking information of hundreds of thousands of customers and exercising power trip on its business partner.The Seoul District Prosecutor's Office said on June 19 that it has indicted a Hana Tour corporation and Mr. A, head of its headquarters without detentio

Hyundai Construction Equipment, an affiliate of Hyundai Heavy Industries (HHI), will be questioned by the Fair Trade Commission (FTC) over allegations that it has extorted self-driving technology for unmanned forklift from a small and medium-sized company that was in partnership.According to the Kyu

Netmarble said on June 21 that it has opened new servers for its mobile MMORPG "Lineage 2 Revolution."Users can grow their characters faster than existing servers through improved traffic when playing on new servers. Netmarble will present two full sets of UR-rated equipment to all users when their

Com2us said on June 21 that it will launch its own service of its subsidiary Novacore's "Dragon Sky.""Dragon Sky" is a highly popular Idle Shooting RPG in Korea and Taiwan, and Com2us is able to provide its own services through the preparation process after the acquisition of the developing comp

Asiana Airlines has newly introduced A350 9 aircraft, a next-generation high-efficiency aircraft.With the arrival of the A350 9 aircraft at Incheon International Airport on June 19, Asiana Airlines held an introductory ceremony for safety and prosperity with its President Han Chang-soo and other exe

Thirty LG Electronics executives and employees, including Vice Chairman Cho Seong-jin and union leader Bae Sang-ho, practiced corporate social responsibility. The volunteer work was arranged as part of the "LG Electronics Volunteer Day" event.On June 19, Vice Chairman Cho and executives and employee

It has been confirmed that Hyundai Motor has scrapped its production plan of Genesis in the Chinese market, which it considered as its first overseas production base since the brand's launch in 2015. It is believed that Hyundai and Kia Motors' severe sales in the Chinese market have spread t

LS Cable & System said on June 18 that it has won an order worth 112.5 billion won for Kuwait's large new city power grid project. LS Cable will sign a contract with Kuwait Housing and Welfare Agency and establish the first power grid in Al-Mutlaa.Kuwait is developing nine large new cities, incl

Dongwon Industries was sued on June 18 (local time) for allegedly being a co-defendant of StarKist Co., its U.S.-based subsidiary, in connection with a "dolphin protection rule." Dongwon Industries announced this on June 19 through the Korea Exchange's disclosure.The 16 individual U.S. consumer

The Korea Exchange delayed its decision to impose membership sanctions on Merrill Lynch Securities. The Korea Exchange held a meeting of its market monitoring committee on June 19 and said it will resume a meeting on member sanctions against Merrill Lynch Securities in July.The exchange was schedule

KT (Chairman Hwang Chang-gyu) said on June 22 that it will introduce 5G self-driving buses to citizens at "Sangam Self-driving 5G Festival.""Sangam Self-driving Festival" is an event for people to experience self-driving as part of the Cooperative-Intelligent Transport System (C-ITS) project by the

SK Telecom (CEO Park Jung-ho) announced that it will release parking service solution "T Map Parking" on June 19. "T Map Parking" is a parking solution that combines SK Telecom's advanced ICT technology with ADT Caps' know-how in managing and securing parking lots. The solution provides the

Netmarble said on June 19 that it has released Kamael Cinematic videos for the first time ahead of a new races Kamael update that will appear in mobile MMORPG's "Lineage 2 Revolution."The video is available on official communities, Facebook and YouTube. The video shows the characteristics of the

The National Pension Service (NPS) signed a memorandum of understanding (MOU) on mutual cooperation with Social Security Board of Sri Lanka (SSB) on June 18.In the future, the two agencies will exchange information related to the operation of the pension system, share their experience in operating t

Nexen Tire made an announcement on June 14 (Korean time) that it has signed a strategic partnership with Plug and Play, a global corporate innovation platform and startup accelerator.Nexen Tire is planning to form a partnership with Plug and Play in order to develop advanced technologies for the fut

On June 18, Samsung SDS introduced the concerns of companies introducing blockchain and announced the direction of the blockchain business, which includes ways to resolve the problem."Companies that apply blockchain technology to their businesses have problems such as creating convergence services a

SK E&C has succeeded in winning a contract for Front End Engineering Design (FEED) for PDH Plant in Belgium.SK E&C said on June 18 that it has signed a FEED contract with global chemical company INEOS to build a propane dehydrogenation (PDH) plant in Antwerp petrochemical complex in Belgium. Ahn Jae

After 52 years of establishment, ASEAN is considered to be one of the most dynamic and highly developed economic regions in the world, becoming the 3rd largest market in Asia with more than 650 million people, accounting for 8.59% of the total population. The world number, GDP per capita reached US