The Korea Biotechnology Industry Organization and Korea Trade-Investment Promotion Agency together with the Trade Ministry opened its Korea Pavilion at the Bio International Convention on Monday to support small to mid-sized firms in attracting new business partners. This year is the largest-ever operation of a Korean pavilion with 26 participating firms and two institutions installed in the pavilion zone. Among some 20,000 industry officials participating globally, over 1,000 are affiliated wit

Industry June 5, 2024

SAN DIEGO -- Leading contract development and manufacturing organization Samsung Biologics has introduced a new contract development platform with a customized strategy to enhance its competitive edge in the market. At the 2024 Bio International Convention's opening event on Monday, Samsung Biologics introduced S-Tensify, its new platform designed to support the development of high-concentration biopharmaceuticals through advanced culture technology. "Sixth year into the CDO business,

Industry June 4, 2024

진행자: 김혜연, Paul Kerry [From the Scene] Korean Air's new operations center highlights full commitment to safety 기사 요약: 합병 앞둔 대한항공, 전면 개편한 종합통제센터 (OCC) 최초 공개 [1] Korean Air has unveiled its newly revamped Operations and Customer Center after 23 years, emphasizing the airline's increased focus on risk management in light of variables such as the merger with Asiana Airlines and the introduction of newer aircraft. revamp 개조[수리]하다 variable 변화를 줄[변경할] 수 있는 [2] "Air operations are possible

Podcast June 3, 2024

A record number of South Korean pharmaceutical and biotech companies are joining this week’s Bio International Convention to showcase their latest innovations and boost client partnerships amid the absence of their Chinese rivals. The event, also known as Bio USA, will run Monday through Thursday in San Diego. Aligning with this year's theme, "Time for Science to Shine," more than 20,000 biotechnology and pharma leaders have registered for this year's convention. From K

Industry June 2, 2024

HiteJinro, the nation's oldest liquor-maker marking its centennial this year, on Wednesday renewed its emphasis on product quality and customer engagement. "We believe the key to maintaining a 40 percent share of some 2,729 manufacturing licenses in Korea today is HiteJinro's exceptional products, marketing and sales skills all combined as teamwork," said Kim Hyun-jin, managing director of HiteJinro's sales division, during a press conference in Seoul. HiteJinro traces

Industry June 2, 2024

진행: 김혜연, Paul Kerry ‘Gimflation’ in S. Korea as dried seaweed prices grow on rising global demand 기사 요약: '국민 반찬' 김 물가 상승에 더욱 커진 밥상 물가 부담 [1] Dried seaweed or gim, a staple dish nicknamed "rice thief" for its perfect pairing with rice, is seeing considerable popularity globally these days. staple 주된, 주요한 pairing 한 쌍, 짝을 짓기 [2] In recent years, gim's deliciousness, coupled with its nutrient content and recognition as a food source beneficial to ocean ecosystem

Podcast May 30, 2024

South Korea's top logistics firm CJ Logistics said Wednesday that it has established cross-border e-commerce partnerships with leading logistics companies in the United States and Japan to strengthen the distribution network for Korean sellers abroad. In the US, CJ Logistics will handle air freight forwarding to Los Angeles International Airport and New York's JFK International Airport, while multiple local partners, including FedEx, will manage final delivery services. Japan's to

Industry May 29, 2024

INCHEON -- Amid continuous growth in global aviation demand, the Incheon International Airport Corporation unveiled the fourth-phase construction project at the Incheon Airport's Terminal 2 on Tuesday, which can accommodate up to 106 million passengers annually. If successful, the plan will position Incheon Airport among the world's top three in passenger capacity, after Dubai and Istanbul. Initiated in 2017, the project is in its final stage and will begin operation by the end of th

Industry May 29, 2024

Business leaders from Korea, Japan and China have announced plans to form a three-way economic consultative body among private sectors to effectively address pressing economic concerns and foster future cooperation among the three countries. Over 280 business leaders from the three countries attended the business summit Monday, shortly after the trilateral summit, including SK Group Chairman Chey Tae-won, also serving as KCCI chairman, Tokura Masakazu, chairman of the Japan Business Federation a

Industry May 27, 2024

As the construction industry grapples with years of high interest rates, rising raw material costs and increased risks associated with real estate project financing, Korea's second-largest steelmaker, Hyundai Steel, has been diversifying their businesses to enhance profitability and discover new demand. As part of this initiative, the steelmaker has signed a joint research and development agreement for steel structure refractory methods in partnership with Hyundai Engineering, KCC and the K

Industry May 26, 2024

South Korean food company Ottogi family's third-generation member Ham Yon-ji, 32, has recently joined Ottogi, after appearing in public for years as a musical actor and a YouTuber, according to industry sources Friday. As the daughter of Ottogi Chairman Ham Young-joon, Ham officially joined Ottogi America, a US subsidiary of Ottogi, this month and is reportedly working in the marketing division following an internship at the company. Ham graduated from New York University's Tisch Scho

Industry May 24, 2024

  Korean biosimilar giant Celltrion announced Thursday that its anti-IgE antibody biosimilar Omlyclo has been approved in Europe, after a series of clinical trials with the reference product Novartis' Xolair. Omlyclo, also called by project name CT-P39, received formal product approval from the European Commission on Tuesday, approximately two months after receiving the initial approval recommendation from the Committee for Medicinal Products for Human Use under the European Medicines Agenc

Industry May 24, 2024

GIMPO, Gyeonggi Province -- Korean Air has unveiled its newly revamped Operations and Customer Center after 23 years, emphasizing the airline's increased focus on risk management in light of variables such as the merger with Asiana Airlines and the introduction of newer aircraft. "Air operations are possible only when real-time communications, from transportation to operation to cabin maintenance, are smoothly organized and seamlessly prepared," said Korean Air President Woo Kee-h

Industry May 23, 2024

South Korea's largest elevator manufacturer Hyundai Elevator celebrated its 40th anniversary on Wednesday, pledging to solidify its path toward becoming a centennial company with a vision centered on ESG management practices and urban air mobility. "Hyundai Elevator has grown into a cornerstone of the Korean industry through relentless challenges and innovations since honorary chairman Chung Ju-young planted the seeds 40 years ago," Hyundai Group Chairwoman Hyun Jeong-eun was quot

Industry May 22, 2024

Hanwha Group Chairman Kim Seung-yeon on Monday urged the group’s space business and defense arm Hanwha Aerospace to increase efforts to expand its presence in the global defense market. "We need to tirelessly work on securing future orders for Romania's K-9 project, in order to expand our share in the European market and extend our global market reach to North America," the chairman was quoted as saying during his visit to the company’s Changwon plant. It was Kim'

Industry May 21, 2024