Latest news
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Affordable private brand products garner popularity at GS25 stores
SEOUL, March 21 (AJU PRESS) -- Private brand products, designed to attract consumers who seek products with more affordable prices, are garnering popularity at "GS25" convenience stores, operated by GS Retail. The convenience store operator analyzed the popularity attributed to consumer demands for cheap and high-quality products. Private brand (PB) products are affordable items that were created by benchmarking popular or bestselling products. Companies normally provid
March 21, 2024 -
Naver ranked third-most innovative company in Asia-Pacific region
SEOUL, March 21 (AJU PRESS) -- South Korea's largest portal operator Naver has been recognized by the prominent American business news magazine "Fast Company" as the third-most innovative company in the Asia-Pacific region among 606 companies. The business news outlet highlighted "CLOVA X," an artificial intelligence solution that understands and generates human-like conversations in text. In Fast Company's 2024 ranking of the most innovative Asia-Paci
March 21, 2024 -
S. Korea's artificial sun project KSTAR achieves longest operation time of 102 seconds
SEOUL, March 21 (AJU PRESS) -- Researchers have achieved the longest-ever operation duration of South Korea's artificial sun project called "Korean Superconducting Tokamak Advanced Research (KSTAR)." The new test record brings the artificial sun project one step closer to the realization of limitless energy production with zero greenhouse gas emissions or zero radioactive wastes. KSTAR, an experimental tokamak device, aims to harness the energy of nuclear fusion. Fus
March 21, 2024 -
S. Korean instant noodles Ramyeon hits highest-ever exports of $93 mln in February 2024
SEOUL, March 21 (AJU PRESS) -- Exports of South Korean instant noodles, known as Ramyeon, reached a record high of $93 million in February 2024, up 31.5 percent from the same period a year ago. The surge in popularity of South Korean instant noodles can be attributed to the global recognition of South Korean cultural content, including K-pop, films, and dramas. According to data released by South Korea's customs office, Ramyeon exports totaled $93 million in February of this y
March 21, 2024 -
S. Korean middle market enterprise federation proposes re-categorization of enterprises based on detailed data
SEOUL, March 20 (AJU PRESS) -- South Korea's middle market enterprise federation has stressed the importance of re-categorizing enterprises based on detailed data, rather than solely relying on the number of employees or sales. The association criticized the current national enterprise-related statistics, which classify companies based only on the number of regular employees or sales volume. According to the Federation of Middle Market Enterprises of Korea (FOMEK), each indust
March 20, 2024 -
WeMade signs official administrative permit contact with MLB
SEOUL, March 20 (AJU PRESS) -- South Korea's major game publisher WeMade has signed an official administrative permit contract with the United States Major League Baseball for the global service of its new baseball game, "Fantastic Baseball." Fantastic Baseball is a new baseball game developed by WeMade. The game publisher said on Wednesday that the company has acquired licensing rights from Major League Baseball Advanced Media (MLBAM), which represents the rights of
March 20, 2024 -
Britain's deputy prime minister explores K-pop scene at SM Entertainment headquarters
SEOUL, Mar. 20 (AJU PRESS) -- Britain's deputy prime minister Oliver Dowden has visited the headquarters of South Korea's entertainment giant, SM Entertainment, and delved into learning about the country's music industry. During his tour, Dowden expressed his excitement towards SM's collaboration with Moon & Back, a London-based entertainment company, to create a new boy band. In November 2023, SM agreed to provide its know-how in music production to form the b
March 20, 2024 -
S. Korean food maker Nongshim partners with agriculture ministry to help young farmers
SEOUL -- Nongshim, a major South Korean food company recognized globally mainly for its popular instant noodle and snack products, has partnered with an agricultural information service agency operated by the agriculture ministry to provide support for young farmers who plan to build up their professional farming careers. South Korea's farming sector is heavily affected by the country's rapidly aging phenomenon. Farming villages are being depopulated due to young people leav
March 20, 2024 -
Seoul to display popular foreign poems at safety screen doors in subway stations
SEOUL -- As part of the capital city's culture project aimed at promoting poetry and creating a comfortable ambiance in subway stations, Seoul will exhibit foreign poems on platform screen doors. While primarily serving as safety barriers, the screen doors in Seoul's subway stations also function as notice boards and art installations to improve the platform environment. Poems authored by both renowned poets and amateur writers will be showcased on transparent doors. Se
March 20, 2024 -
LG Chem to showcase CO2-based eco-friendly plastic at beauty trade show in Italy
SEOUL -- LG Chem, the chemical unit of South Korea's LG Group, will showcase a carbon dioxide-based environmentally friendly plastic material at "Cosmoprof Bologna 2024," an international beauty trade show scheduled to be held for four days starting March 21 in Bologna, Italy. The plastic material called polyethylene carbonate uses a carbon-capturing technique during the production process. Polyethylene carbonate (PEC) is a type of biodegradable polymer that has ga
March 20, 2024
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PHOTOS: Korean activists rally for LGBTQ rights on key commemoration day
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Imported electric vehicle registrations surge 150% this year
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Protecting wetlands crucial for migratory birds: New Zealand envoy
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Seafood meal kits gain limelight at industry fair as Korean food makers target ready-to-eat market
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PHOTOS: Seoul Int'l Garden Show underway at Han River park
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Korean Air Force embraces memes, defying military stereotypes
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Korean spicy sauces gain global popularity
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Culture minister advocates for Hangeul signboard at Seoul's iconic gate of royal palace
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HYBE chairman ranks sixth among Korean business leaders in stock assets
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More people fall victim to dating violence in Korea