[Photo News] Farewell to the Queen

Asiana Airlines’ Boeing 747-400, the last Boeing 747 aircraft in South Korea, is honored with a grand water salute at Taiwan Taoyuan International Airport on Monday to mark its final flight. Known as the “Queen of the Skies,” the iconic aircraft was first introduced in Korea in 1999. The Asiana aircraft has flown nearly 97,000 hours, completing over 18,000 flights and covering 88 million kilometers. (Asiana Airlines)

IndustryMarch 25, 2024

[Photo News] New electric Mini in Seoul

Mini Korea will hold an exhibition to shed light on the past, present and future of the brand in Seoul from Friday to April 21, the premium small car brand under BMW Group said Monday. Showcasing the new all-electric Mini Cooper and new all-electric Mini Countryman, the "Mini Heritage and Beyond" exhibition will be held at the K Museum of Contemporary Art in Gangnam-gu. The new Mini EVs are to hit the local market later this year. (BMW Group Korea)

MobilityMarch 25, 2024

[Photo News] All-black Genesis G90

Genesis unveiled the G90 Black on Thursday, refining its flagship sedan with an exclusive all-black design theme known as Genesis Black. The new theme dresses every element, from the grille to the 21-inch wheels, in a deep and consistent shade. Inside, the cabin mirrors this theme with black semi-aniline leather seats, wood trim and aluminum details. The car is on sale now with a starting price of 138 million won ($104,000). (Hyundai Motor Group)

MobilityMarch 21, 2024

[Photo News] Commerce & industry day

President Yoon Suk Yeol (center) and business leaders attend this year's Commerce & Industry Day ceremony held in Seoul on Wednesday. From right: LG Group Chairman Koo Kwang-mo, Hyundai Motor Group Executive Chair Chung Euisun, Samsung Electronics Chairman Lee Jae-yong, Minister for Trade, Industry and Energy Ahn Duk-geun, Yoon, and K Group Chairman Chey Tae-won who doubles as chairman of the Korea Chamber of Commerce and Industry. (Yonhap)

IndustryMarch 20, 2024

[Photo News] Samsung president wins top industrial honor

Samsung Electronics Executive President Lee Young-hee, who is in charge of global marketing for mobile devices, poses with South Korean President Yoon Suk Yeol after receiving the Gold Tower Order of Industrial Service Merit in Seoul on Wednesday. Lee is credited for raising the brand value of Samsung. In 2022, she became the first female president at Samsung, apart from members of the founding family. (Yonhap)

IndustryMarch 20, 2024

[Photo News] K-water partnership with Cambodia

Korea Water Resources (or K-water) CEO Yun Seog-dae (left) and Cambodian Minister of Water Resources and Meteorology H.E. Thor Chetha talk during a meeting in Phnom Penh, Cambodia, Monday. The two leaders discussed plans to enhance collaboration on water initiatives, including the upcoming smart water management project in Phnom Penh. As a key member nation of K-water’s Asia Water Council, Cambodia seeks official development assistance and cooperation funds to address water challenges. (K-

IndustryMarch 19, 2024

[Photo News] MLB on Hyundai wheels

Hyundai Motor Group is supporting the Major League Baseball Seoul Series this week, the first MLB games to take place in South Korea, with an array of vehicles. According to the automaker on Tuesday, a total of 18 vehicles including six hydrogen-electric buses, three Ioniq 5s and three Ioniq 6s are being used for transporting the players and coaching staff of the Los Angeles Dodgers and San Diego Padres. Hyundai will also reward an Ioniq 5 to the first batter to hit a home run during the back-to

MobilityMarch 19, 2024

[Photo News] Bank for senior customers

A new Hana Bank branch in Daejeon features a cultural space tailored to senior customers. The Hana 50+ Culture Bank, the 10th of its kind, aims to offer diverse cultural and educational programs to better meet the growing needs of the older generations. (Hana Financial Group)

IndustryMarch 17, 2024

[Photo News] Korean Air's new engine maintenance complex

Hanjin Group Chairman and Korean Air CEO Walter Cho (center) attends the groundbreaking ceremony of the flag carrier’s new aircraft engine maintenance cluster in Unbuk, near Incheon International Airport, on Thursday. The new 578 billion won ($439 million) facility, set to be operational by 2027, is expected to become the largest engine maintenance complex in Asia with an annual capacity of handling maintenance of some 360 aircraft. “The new facility will pave the way for Korean Air

IndustryMarch 14, 2024

[Photo News] AI TV era

Samsung Electronics President Yong Seok-woo, who leads the company's visual display business, poses with the company’s new Neo QLED 8K TV, the tech giant's first TV featuring on-device artificial intelligence, in Seoul on Wednesday. Its feature called "AI upscaling" automatically enhances the resolution of content viewers watch and identifies crucial or moving elements to add special effects for an enhanced viewer experience. (Samsung Electronics)

IndustryMarch 13, 2024

[Photo News] Ambassador for a Day

Ewha Womans University student Lee Yae-won (left) poses for a photo with Italian Ambassador Emilia Gatto during the "Ambassador for a Day" initiative on Friday. The initiative is part of the annual International Women's Day celebration that selects a Korean university student based on an essay competition to work with the Italian ambassador for a day. Lee's essay titled "Empowering Change: Why Eliminating Violence Against Women Will Contribute to the Wellbeing of Men&q

Foreign AffairsMarch 12, 2024

[Photo News] Economic Outlook 2024

ECONOMIC OUTLOOK 2024 German Ambassador to South Korea Georg Schmidt (fourth from right, front row) and participants attend the Korean-German Chamber of Commerce and Industry (KGCCI) Economic Outlook 2024 event in Busan on Thursday. Acknowledging the challenges of the year ahead, including the Russian invasion of Ukraine, the war in Gaza and North Korean threats, the event, themed "Building Bridges," was hosted by KGCCI and Busan Metropolitan City, attended by over 100 business leade

Foreign AffairsMarch 12, 2024

[Photo News] BMW EV charging station

BMW Korea said Tuesday that it has opened a charging station for electric vehicles in Jumujin Beach in the northernmost part of Gangneung, Gangwon Province. The BMW EV charging station can charge up to eight EVs at the same time and is available for not only BMW vehicles but also other brands. The German automaker installed 1,119 EV charging stations in South Korea as of February and plans to set up 1,000 more this year. (BMW Korea)

MobilityMarch 12, 2024

[Photo News] HK ELS sales fallout

Financial Supervisory Service Governor Lee Bok-hyun approaches the podium during a press briefing held at the regulator's headquarters in Yeouido, Seoul, on Monday. The FSS announced the results of its investigation into the possible misselling of equity-linked securities products tied to Hong Kong's Hang Seng China Enterprises Index among local financial firms, together with consumer compensation measures, on the day. (Yonhap)

EconomyMarch 11, 2024

[Photo News] Empowering women leaders

Shinhan Financial Group Chairman Jin Ok-dong highlighted the need to nurture female leaders during the 2024 Shinhan SHeroes Conference held at the group’s headquarters in central Seoul on Friday. The conference celebrated the launch of the seventh class of Shinhan SHeroes, an in-house leadership training program for women. "Female leaders are individuals responsible for promoting diversity," Jin said. "Shinhan will train them to lead changes of the times." The program

IndustryMarch 10, 2024

[Photo News] Kia EV9 wins UK Car of the Year

Kia's EV9, a large three-row electric SUV launched globally last year, has been named the 2024 UK Car of the Year. The vehicle was recognized by a panel of 30 judges, mainly automotive journalists from publications such as TopGear and Autocar, for its spacious interior that can accommodate up to seven seats, a substantial 489-kilometer maximum driving range, and a sleek design both inside and out, along with its feature-rich information system. (Hyundai Motor Group)

MobilityMarch 10, 2024

[Photo News] Empowering women

From left: American Chamber of Commerce in Korea Chairman and CEO James Kim, US Embassy in Korea deputy chief of mission Joy M. Sakurai, Citibank Korea CEO Yoo Myung-soon, P&G Korea General Manager Lee Chee-young and Christina Ahn, client partner of Korn Ferry, attend a panel discussion during an International Women’s Day luncheon hosted by AmCham Korea in Seoul on Wednesday. During the event, business leaders shared their unique personal career journeys and delved into strategies fo

IndustryMarch 6, 2024

[Photo News] Hyundai in metaverse

Hyundai Motor Group has launched a virtual brand heritage world on Naver's metaverse platform Zepeto, the automaker announced Wednesday. Named "Timeless in Seoul," the virtual world features Hyundai's first self-developed and produced vehicle Pony and the automaker's awards-winning electric vehicle Ioniq 5. According to Naver, the number of Zepeto users has exceeded 300 million users worldwide. (Hyundai Motor Group)

MobilityMarch 6, 2024

[Photo News] Woori Bank in Hanoi Koreatown

Woori Bank said Tuesday that it has recently opened a new branch office in the My Dinh district of Vietnam's capital Hanoi, as part of service expansion for Korean customers living abroad. Located in the residential district that is home to many Koreans, the new office will also provide digital banking services for small business owners, such as a real-time alert system for point-of-sale transactions. (Woori Bank)

CompaniesMarch 5, 2024

[Photo News] First recycled tires for EVs

Hankook Tire & Technology on Tuesday unveiled its iON tire brand specifically designed for electric vehicles. The tire utilizes recycled PET (plastic polyethylene terephthalate) in partnership with local materials firms Hyosung Advanced Materials and SK Chemical. This is the first time in Korea that chemically-recycled PET has been used in tires for the mass market. (Hankook Tire & Technology)

CompaniesMarch 5, 2024