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Today Industry

AFoCO shares sustainable forest restoration commitment at APFW

The Asian Forest Cooperation Organization (AFoCO) shared its strategic priorities at the Asia-Pacific Forestry Week on Tuesday, in Songdo Convensia Convention Center, Incheon, reaffirming its commitment to contribute to regional cooperation and relevant works.The opening ceremony of the event was held on Tuesday and will run through Friday. It is the largest forestry gathering in the APAC region organized by the UN Food and Agriculture Organization bringing government, private, academia, researc

AFoCO envisions greener Asia through regional cooperation.

The establishment of Asian Forest Cooperation Organization (AFoCO) was proposed by South Korea at the ASEAN-ROK Commemorative Summit in 2009. It is aimed at strengthening regional forest cooperation by transforming proven technology and policies intro concrete actions in the context of sustainable forest management to address the impact of climate change. The ASEAN-ROK Forest Cooperation was formalized in 2012 as the initial phase of AFoCO. Under this cooperation mechanism, regional forestry act

Today
Industry
KEA shares energy efficiency know-how with South Asian nations

State-run Korea Energy Agency has opened a knowledge-sharing program with the World Bank, inviting officials from South Asia to Seoul, the government agency said Tuesday. The KEA began the third WB-KEA energy efficiency knowledge-sharing program hosted by the World Bank, inviting officials from Sri Lanka and Bangladesh. The five-day training program aims to share Korea’s energy policies and experience. With the topic of energy efficiency system for buildings, Korea is sharing green bu

Today
Industry
Korea’s nuclear reactor technologies allegedly leaked to UAE, US

The South Korean government is reportedly looking into allegations of leaks of key nuclear reactor technologies to other countries. According to multiple local news reports Tuesday, the Nuclear Safety and Security Commission and the National Intelligence Service are verifying the authenticity of a tipoff delivered to the NSSC through a nuclear safety ombudsman system. Based on the tipoff, one retiree from state-run nuclear operator Korea Hydro & Nuclear Power has allegedly leaked &ldquo

Today
Industry
SK’s US subsidiary Ampac opens 180,000-liter capacity CDMO facility

SK Holdings’ US subsidiary Ampac Fine Chemicals celebrated the opening of its contract development and manufacturing facility with production capacity of 180,000 liters in Petersburg, Virginia, on Sunday. SK Holdings acquired AFC in July 2018, marking the first global acquisition by a Korean pharmaceutical firm. At the time, industry insiders reportedly viewed the acquisition as a milestone for a Korean pharma firm to acquire a 100 percent stake in AFC, a contract development and manu

Today
Industry
Samsung SDS vows to expand enterprise blockchain platform

Samsung SDS Co. said Tuesday it will expand its partnerships with various industrial players to facilitate the convergence of its enterprise blockchain platform with other technologies and increase utlization.The IT service subsidiary of Samsung Electronics Co. has been developing cloud-based blockchain technologies for use in the manufacturing, logistics, public sector, finance and health care sectors. Samsung SDS said it has been working with local hospitals, insurance companies and digi

Today
Industry
Homeplus CEO encourages employees to become ‘new best’

The chief of South Korea’s second-largest retailer Homeplus recently sent out a hand-written letter to employees encouraging them to face the new challenges head-on and strive to become “new best,” the company said Monday.CEO Im Il-soon has been leading the retail chain giant since October 2017.“I am certain that despite the cutthroat competition we can stand as a new force in the retail sector with our hard work. Because we will maximize our excellent distribution capaci

Today
Industry
[Photo News] Family of late IIAC CEO donates scholarship

Participants pose in a ceremony to deliver a scholarship worth 100 million won ($84,300) in the name of the late CEO of Incheon International Airport Corporation, Lee Chae-wook, Friday at the auditorium of the Haneul Academy. The donation was made upon the wish of Lee, who passed away in March this year at 73. Haneul Academy, a private high school located in Incheon, opened in 2011 based on 50 billion won in subsidies from IIAC during the time Lee was heading the airport corporation, as par

Today
Industry
‘Human-focused forest policy can improve citizens’ lives’

The following is a transcript of a speech by Korea Forest Service Minister Kim Jae-hyun at the opening of the Asia-Pacific Forestry Week in Songdo, Incheon, on Monday. -- Ed.I would like to sincerely welcome all of you to Asia-Pacific Forestry Week 2019.I am very delighted to invite you all and discuss forest issues in Incheon in June, when verdant greenery reaches its peak. There is a saying that “humans have been living with forests.” But I would like to rephrase it a lit

Today
Industry
APAC’s biggest forum kicks off to shine on forests for peace, well-being

Korea Forest Service hosts 5-day event to share South Korea‘s sustainable forest management, global projects

Today
Industry
Herald forum calls for ‘manufacturing renaissance’ innovation

The 2019 Herald Business 氣 UP Forum on Monday called for bold innovations in the manufacturing and service sectors, and business buoyance through the governmental regulatory sandbox. South Korean Prime Minister Lee Nak-yeon and Herald Corp. CEO Kwon Chung-won gave welcoming remarks at the forum that was held at the Korea Chamber of Commerce and Industry.This is the third year the Herald Business, a Korea Herald sister company, is holding the 氣 UP Forum. The name is a play on words that construct

Today
Industry
Cryptocurrency exchanges change their terms of service: FTC

Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyberattacks or system malfunctions, even if operators are not willfully or grossly negligent, South Korea's antitrust regulator said Monday. The Fair Trade Commission said Bithumb and four other cryptocurrency exchanges made the changes after receiving the corrective recommendation from the FTC in April last year.The cryptocurrency exchanges had said in their terms

Jun 17, 2019
Industry
Health care, cosmetics sectors enjoy sharp export surge in 2018

South Korea's health care and cosmetics exports surged to $14.6 billion last year, helped by solid demand, the Ministry of Health and Welfare said Monday.Outbound shipments of drugs, medical equipment and makeup products jumped 19.4 percent from the previous year, with the annual average growth rate for the past five years hitting 21 percent, according to the ministry. Of the total, cosmetics accounted for $6.3 billion followed by drugs and medical equipment at $4.7 billion and $3.6 billion, res

Jun 17, 2019
Industry
Mirae Asset Global sells prime office building in Germany

Lucrative deal adds momentum to asset manager’s diversified alternative investments

Today
Industry
McDonald’s Korea to recruit 120 admin managers nationwide

McDonald’s Korea said Monday that it is recruiting 120 administrative managers who will work at its some 420 restaurants nationwide.According to the fast-food chain, applicants will go through the document screening, interview and practical assessment in a restaurant environment. Successful candidates will take training course as trainees and will be dispatched to stores from August. The new managers will be given opportunities for promotion to general manager of the store or regional

Today
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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