[Photo News] Next-gen logistics

Hanjin Logistics Corp. President and Chief Marketing Officer Emily Cho introduces the company's new smart logistics technologies, including drone inventory management and smart glasses for workers, at the Hanjin Southern Seoul Integrated Logistics Center in Seoul on Wednesday. By leveraging these smart devices, Hanjin said it aims to increase logistics efficiency, strengthen customer data security and lead innovation in logistics management. (Hanjin Logistics Corp.)

IndustryNov. 14, 2024

[Security Forum] Lawmakers urge bipartisanship, strategic planning as new Trump admin approaches

Lawmakers from rival parties emphasized the need for bipartisan cooperation focused on national interests and strategic planning, as they anticipate the incoming administration of US President-elect Donald Trump to have significant impacts on the Korea-US alliance, foreign policy strategy and the broader economic and industrial landscape. "As the saying goes, political strife stops at the border. In matters of diplomacy and security, bipartisan cooperation that prioritizes the national inte

Social AffairsNov. 14, 2024

Lay Buddhist group donates children’s clothing to Laos

The Lay Buddhist Association of the Jogye Order of Korean Buddhism, the country’s largest Buddhist sect, donated 1,000 outfits to preschool girls in Laos on Thursday. “Starting with Laos, we will continue our efforts to assist other Buddhist countries,” said Jung Won-ju, president of the association, during a ceremony held at the headquarters of Daewoo E&C in Seoul. Jung is the chairman of Daewoo E&C and Herald Media Group. Alounkone Boulommavong, deputy chief of missio

PeopleNov. 14, 2024

Tongyeong launches drone delivery service for island residents

The city of Tongyeong, South Gyeongsang Province, launched a drone delivery service across its 570 islands on Wednesday, expanding a growing trend of drone-based services in Korea to enhance the quality of life for residents in isolated areas. Island residents have long faced challenges due to geographical isolation, often needing to travel to the mainland for essential items or meals. The new drone delivery service allows them to receive various goods, including food, beverages, daily essential

Social AffairsNov. 14, 2024

LG Energy Solution to supply ESS for US Terra-Gen

LG Energy Solution has secured a contract to supply up to 8 gigawatt-hour energy storage systems to US renewable energy firm Terra-Gen, the Korean battery-maker announced Thursday. Under the deal, LG Energy Solution Vertech will deliver the ESS to Terra-Gen from 2026 to 2029. The Korean battery maker acquired NEC Energy Solutions, a grid battery integrator based in the US, in 2022 and renamed it LG Energy Solution Vertech. The deal marked the biggest supply contract since the launch of LG Energy

CompaniesNov. 14, 2024

[Photo News] Hungarian SK Road

An SK Road sign is posted in Ivancsa, a Hungarian industrial village, in recognition of Korena battery-maker SK On's economic contributions to the region. The newly designated road stretches approximately 1.8 kilometers, connecting the Ivancsa industrial park to SK On’s electric vehicle battery manufacturing plant. SK On has also donated 15 million forints ($39,000) to local communities to help improve the urban environment, upgrade school facilities, revitalize local events and provi

MobilityNov. 14, 2024

Man jailed for rape in his 20s and 30s, convicted again in 40s

A man who was convicted of rape in his 20s an once more in his 30s, has been sentenced to prison for rape yet again at the age of 45. The Seoul High Court on Wednesday upheld an earlier court ruling that gave a 15-year prison term to the defendant, surnamed Kim. It also ordered him to wear an electronic monitoring anklet for 20 years after he is released. "The initial ruling does not appear to be too heavy or too light in proportion to the crime," the court said in its verdict. Kim was

Social AffairsNov. 14, 2024

CJ's new cold chain logistics center opens in Georgia

CJ Logistics, South Korea’s largest logistics firm, announced Thursday that it has commenced operations of its new cold chain logistics center in Gainesville, Georgia. The facility spans 24,904 square meters, with 90 percent dedicated to cold chain logistics and the remaining 10 percent allocated for ambient storage. The center can adjust the temperature in accordance with each product’s storage requirements. The center features a blast-freezing system that rapidly lowers product tem

IndustryNov. 14, 2024

[팟캐스트] (636) 수원 이어 의왕서도 사슴 나타나

진행자: 홍유, Elise Youn Deer incidents put Seoul's southern suburbs on alert 기사 요약: 경기 수원시에 이어 의왕시에서도 도로에 사슴이 나타나 소방당국에 포획됐다. [1] Residents south of Seoul are watching their step as another deer incident has put local authorities on high alert, just days after attacks left two people injured. watch one's step: 신중하게 행동하다 [2] A deer was spotted late Saturday on a roadway in Uiwang, Gyeonggi Province, prompting an immediate response from fire officials. The emergency call came in around

PodcastNov. 14, 2024

38% of Korea's fishing vessels over 21 years old

With some experts suspecting that the worn-down hull had caused last week's sinking of a 34-year-old boat, government data showed Thursday that nearly 40 percent of the fishing boats in South Korea are at least 21 years old. According to the Ministry of Oceans and Fisheries, 24,504 of the fishing boats in the country were aged 21 years or above as of 2023, accounting for 38.1 percent of all registered fishing boats. A total of 12,205 of them were built at least 26 years ago. Korea does no

Social AffairsNov. 14, 2024

Police release info of man who murdered ex-girlfriend and injured her mother

The South Korean police on Thursday revealed the name, age and mugshot of a man accused of murdering his former girlfriend and injuring her mother. Seo Dong-ha, 34, is suspected of killing a woman in her 30s at an apartment complex in Gumi, North Gyeongsang Province, on Nov. 8. Seo also attacked the victim's mother, inflicting non-critical damage with his knife. He reported himself to the police and was arrested shortly after. Seo and the victim had dated for four months earlier in the ye

Social AffairsNov. 14, 2024

College entrance exam kicks off amid record number of retakers

The annual college entrance exam kicked off nationwide Thursday with a record number of retakers driven in part by an increase in medical school admissions. A total of 522,670 students, including high school seniors and graduates, were registered to take the state-administered College Scholastic Ability Test, up 18,082 from last year. High school seniors numbered 340,777, accounting for 65.2 percent of the total, while graduates numbered 161,784, the largest figure since 2003. Many of the gradua

Social AffairsNov. 14, 2024

Top court finalizes suspended prison term for ex-lawmaker in embezzlement case

The Supreme Court on Thursday upheld a lower court's suspended prison sentence for former lawmaker Youn Mee-hyang convicted of embezzling funds donated to help support women who were forced into wartime sexual slavery by Japan during World War II. The top court confirmed the Seoul High Court's 1 1/2-year prison term, suspended for three years, delivered to Youn in September last year, saying the verdict did not contain any errors or misunderstanding of the legal principles. The top cou

PoliticsNov. 14, 2024

S. Korea's fiscal deficit further widens through Sept.

South Korea's fiscal deficit grew markedly during the first nine months of 2024, the finance ministry said Thursday, partly due to increased expenditure. The managed fiscal balance, a key gauge of fiscal health calculated on stricter terms, posted a deficit of 91.5 trillion won ($65.1 billion) in the January-September period, up 20.9 trillion won from the same period last year, according to the finance ministry. This year's tally was the third-largest figure for the cited period, the m

EconomyNov. 14, 2024

Govt. unveils measures to address consumer complaints in wedding industry

The government unveiled a package of measures aimed at addressing long-standing consumer complaints in the wedding industry Thursday, which has often been cited as a significant factor driving up the high costs of marriage. The measures were introduced at an economic ministers' meeting in Seoul, led by Finance Minister Choi Sang-mok, who also serves as the deputy prime minister for economic affairs. "The high costs of wedding services have become a financial burden for young people, an

Social AffairsNov. 14, 2024

Finance minister says gov't to actively respond to excessive volatility in FX market

Finance Minister Choi Sang-mok said Thursday the government will take active steps, if necessary, to address excessive volatility in the foreign exchange (FX) market. Since Donald Trump's victory in the US presidential election last week, the local currency has been fluctuating around the psychologically significant level of 1,400 won against the US dollar. In a meeting with other economic policymakers in Seoul, Choi said that if there is excessive volatility in the financial and FX markets

EconomyNov. 14, 2024

Yoon set to depart for Peru to attend APEC summit

President Yoon Suk Yeol is set to depart for Peru on Thursday to attend the Asia-Pacific Economic Cooperation summit, with an eye on a possible meeting with US President-elect Donald Trump during the South America trip. Yoon will travel to Peru from Thursday to Friday for the APEC summit and head to Brazil on Sunday for the Group of 20 (G20) summit slated for the next two days. He plans to use the diplomatic stage to pledge South Korea's active role in global issues and call for internation

PoliticsNov. 14, 2024