The Corruption Investigation Office for High-ranking Officials (CIO) has launched an investigation into Minister Choi Sang-mok, who is also the Deputy Prime Minister and Minister of Economy and Finance, for withholding the appointment of constitutional court candidate Ma Eun-hyeok. According to the ...
Doosan Fuel Cell announced on the 31st that a fuel cell system supply contract worth 400 billion won has been terminated, leading to a drop of over 12% in the alternative exchange Next Trade After Market. Doosan Fuel Cell disclosed at 4:09 p.m. that it terminated the fuel cell system supply contract...
The LS Group and LIG Group, which are part of the broader LG family, have launched comprehensive cooperation. LS and LIG noted on the 31st that they signed a memorandum of understanding (MOU) for strategic alliances and comprehensive cooperation between the groups for development and growth on the 2...
The police have launched an investigation into Lee Jin-ho, the operator of the YouTube channel "Celebrity Behind President Lee Jin-ho," who has been sued for defamation against the late actor Kim Sae-ron. According to the police on the 31st, the Seodaemun Police Station in Seoul has assigned two cas...
On the 26th, at the LS ELECTRIC manufacturing facility in the Hwa-jeon district of Gangseo, Busan, there were two thick hoses connected to another device outside the tank of a 154 kilovolt (kV) ultra-high voltage transformer, which stands 4 meters tall and weighs 100 tons. This work involves using a...
Doosan announced on the 31st that it has appointed Yoo Seung-woo as the Chief Business Officer (CBO) and co-CEO. Doosan will be operated under a co-CEO system with Doosan Group Chairman Park Jung-won, Chief Financial Officer (CFO) Kim Min-chul, and Yoo Seung-woo. The new representative, Yoo, joined ...
S-Oil recently announced on the 30th that it has completed the installation of the largest propylenes separator tower at the Ulsan Shahin project construction site. The propylenes separator tower is the tallest among domestic petrochemical facilities, standing at 118 meters (m) in height, 8.5 m in d...
The domestic vehicle communication technology (V2X) startup Etifos announced on the 30th that it has been selected as a final participant in the '2025 Super Gap Startup 1000+' project organized by the Ministry of SMEs and Startups. The Super Gap Startup 1000+ is a startup support project that aims t...
The outlook for small and medium enterprises has risen for two consecutive months. The Korea Federation of Small and Medium Enterprises noted on the 30th that the April business outlook index (SBHI) rose by 1.0 point to 75.7 compared to the previous month. It has increased for two consecutive months...
Starting on the 31st, the Korea Federation of Small and Medium Enterprises and Samsung Electronics will recruit corporations to participate in the cooperative large and small business (Samsung) smart factory establishment support project organized by the Ministry of SMEs and Startups. This year's pr...
