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In a bid to attract more foreign clients, Toss Bank, a Korean internet-only bank, introduced a new service on Monday to make it easier for foreigners to verify their identity. The new service extracts facial features from the photo on foreign resident registration cards and compares them to photog...
STX Green Logis, the South Korean shipping and logistics company that made its stock debut on Friday, renewed its vision on Monday to become the Korean version of German logistics giant DHL. In August, the company spun off from Korean trading company STX to maximize its specialty in the logistics ...
Korean chemical and textile company Kolon Industries said Monday that its two spunbond nonwoven fabric products, Finon and Finon Eco, were certified by the international standard for Environmental Product Declaration, a first within the industry here. The company said it also received endorsements...
By Kan Hyeong-woo ( hwkan@heraldcorp.com )
South Korean oil refiner S-Oil said Monday it has donated 470 million won ($354,000) to dedicated firefighters, under a partnership with the National Fire Agency and Korea National Council on Social Welfare. This year’s donation will be used for the treatment of injured firefighters as well as sc...
SK Broadband Co., a major South Korean internet service provider, said Monday that it will end a yearslong legal battle over network usage fees against US streaming giant Netflix. “We agreed to withdraw all disputes in the interests of the greater success of both companies, reflecting the common ...
ACE Engineering, the nation's energy storage system supplier, said Monday it has successfully participated in RE+ 2023, celebrating the launch of “Big Rock 1” project with key players of the renewable energy industry. Held from Sept. 11-14 in Las Vegas, RE+ 2023 is North America's largest renew...
Samsung Biologics said Monday that the company signed a $242 million contract manufacturing deal with Bristol-Myers Squibb subsidiary Swords Laboratories to produce immunotherapy treatments until 2030. Under the latest contract, Samsung Biologics will produce the flagship immunotherapies of BMS at...
By Park Han-na ( hnpark@heraldcorp.com )
The level of public interest in space here has reached its highest point in recent years when South Korea consecutively succeeded in launching homegrown Nuri rocket and Danuri, the Korea Pathfinder Lunar Orbiter, last year. Orbit, undeniably the most well-known science communicator in South Korea ...
Deutsche Bank said Sunday that it will inject 150 million euros ($160 million) into its Seoul branch as part of its investment plan for the Asian market, with Korea as a strategic foothold. The German bank's decision to allocate additional capital to its Korean business underscores its confidence ...
South Korean telecommunications giant KT Corp. has suggested to the Ukraine government ways of improving the war-torn country's telecom infrastructure and operating with energy efficiency, upon its participation at a forum hosted by South Korea’s Ministry of Land, Infrastructure and Transport in U...
The Korea International Trade Association hosted a reception event for ambassadors from Central Asia, Europe and Latin America to ask for their support in promoting Busan’s bid to host the 2030 World Expo, it said Sunday. Participants of the reception included 70 ambassadors and diplomats from 41...
South Korean IT solutions provider LG CNS said Sunday it has teamed up with a Chinese artificial intelligence-powered robotic solutions firm to carry out joint projects in domestic e-commerce logistics centers. The two firms signed a memorandum of understanding to integrate Shanghai-based XYZ Robo...
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