- Samsung Life Science Fund invests in Generate:Biomedicines, a Flagship Pioneering company leading in AI-enabled protein therapeutics discovery and development - Investment highlights Samsung's dedication to advancing innovation and creating a robust ecosystem for AI-enabled therapeutic development INCHEON, South Korea, Dec. 18, 2024 /PRNewswire/ -- Samsung announced today it has invested in Generate: Biomedicines ("Generate") as part of its efforts to drive growth and inno

This year, Kenya celebrated two special milestones: 61 years of independence and 60 years of Kenya-Korea diplomatic relations. Kenya attained its independence on the Dec. 12, 1963, and weeks later, Kenya and the Republic of Korea established diplomatic relations on Feb. 7, 1964. With Korea having opened a resident mission in Nairobi, Kenya opened its embassy in Seoul in May 2007. Since then, Seoul has been host to four Kenyan ambassadors. I am honored to be the fourth ambassador, having presente

Samsung C&T said Friday that it has signed a memorandum of understanding with Swedish small modular reactor developer Karnfull Next as part of efforts to advance its SMR business in Europe. A signing ceremony was held in Seoul on Thursday, attended by Karnfull Next CEO Christian Sjolander, South Korea's Trade Minister Jeong In-kyo and Samsung C&T CEO Oh Se-chul. Karnfull Next, a subsidiary of the private nuclear power company Karnfull Energi, specializes in SMR development. The agre

Koramco REITs Management & Trust, a real estate asset manager based in Seoul, has completed the sale of a landmark property to Samsung SRA Asset Management for 1.1 trillion won ($841 million), marking South Korea's largest commercial real estate deal this year. The Asset is an 81,117-square-meter skyscraper located in the Gangnam Business District in southern Seoul. The office property forms part of Samsung Town, an office complex housing the affiliates of Korea’s top conglomera

HO CHI MINH CITY, Vietnam, Aug. 23, 2024 /PRNewswire/ -- HR Asia, the leading publication in the human resources industry, announces the winners of its prestigious HR Asia Best Companies to Work for in Asia 2024 - Vietnam awards. This year, a total of 130 outstanding companies have been recognized for their exemplary HR practices, showcasing their commitment to fostering a vibrant and diverse workplace environment. Congratulations to the winners of the 2024 Vietnam HR Asia Best Compani

Business leaders and government officials from South Korea and Turkmenistan pledged to further strengthen cooperation in infrastructure and digital development at a bilateral business forum held Tuesday in Turkmenistan's capital, Ashgabat. The forum, hosted by the Korea Chamber of Commerce and Industry and chaired by SK Group Chairman Chey Tae-won, who doubles as chairman of the KCCI, in collaboration with the Turkmenistan Chamber of Commerce, was attended by more than 250 participants. Wit

DAEGU, South Korea, April 26, 2024 /PRNewswire/ -- Sungrow, the global leading PV inverter and energy storage system provider, showcased its cutting-edge solar-plus-storage solutions in the Green Energy Expo 2024. The solutions are designed to cater to the growing demand for sustainable energy sources. The company's innovative products and solutions have been receiving significant attention from attendees. Sungrow booth at Green Energy Expo 2024 The South Korean Ministry of Trad

Business leaders joined relatives to mourn the death of Cho Suck-rai, the honorary chairman of Hyosung Group, a textile giant, on Sunday. Cho died of a chronic illness Friday at the age of 89. Cho led the textile giant from 1982 until 2017, when he stepped down from the top management position due to health issues. His eldest son, Cho Hyun-joon took the baton to lead the conglomerate. On Saturday, Samsung Electronics Chairman Lee Jae-yong and his mother Hong Ra-hee paid respect for Cho at the fu

Chile's Ministry of Public Works and the investment promotion agency, InvestChile, recently visited Seoul to boost the country's infrastructure and technology sectors, inviting investors in Korea to participate in its extensive portfolio of projects. During an interview with The Korea Herald at the Embassy of Chile in central Seoul on Thursday, InvestChile Director Karla Flores and Concession General Director Juan Manuel Sanchez shed light on their strategies to attract new investment

The agenda for appointing President tabled for the meeting, which will be held on March 28, at the KT&G Human Resources Development Center in Daejeon, South Korea  SEOUL, South Korea, Feb. 28, 2024 /PRNewswire/ -- KT&G Corporation ("KT&G" or the "Company") (KRX:033780) held a board meeting today to resolve the convening of the Annual General Meeting of Shareholders ("AGM") and announced that the meeting is scheduled for March 28, 2024 a

Out of the many policies the city of Yongin announced last year, the news about the city’s semiconductor cluster being selected as a specialized complex by the government was selected as Yongin’s top news report of 2023 among citizens, city government officials and reporters based in the city. In a survey conducted by Yongin Special City, 12,140 survey respondents chose the top five best news reports about the city’s policies out of 26 reports that were selected previously by t

The engineering and construction division of Samsung C&T Corporation is taking part in the “2023 Smart City Expo World Congress” held in Barcelona to showcase its innovative smart city model ideas, the company said Tuesday. Kicking off Tuesday, SCEWC is the world’s biggest expo on urban innovation, serving as a meeting point between industry and government leaders. This year, the E&C division of Samsung C&T is presenting a smart city model jointly developed with its

MMA Impact returns triumphantly with a hot topic: "AI-Powered Business Innovation: Navigating Impact." This return is causing consternation in the marketing industry since this year's major event on contemporary marketing is expected to bring forward essential subjects in the profession. HO CHI MINH CITY, Vietnam, Oct. 16, 2023 /PRNewswire/ -- MMA Impact, an annual worldwide event held by MMA Global, is regarded as a "monumental event" keenly anticipated by the marketing in

ABU DHABI, United Arab Emirates -- President Yoon Suk Yeol visited the Barakah nuclear power plant in the United Arab Emirates, accompanied by Emirati leader Sheikh Mohammed bin Zayed Al Nahyan on Monday, reconfirming close energy ties with the UAE on the third day of his state visit. The Barakah nuclear power plant was the first nuclear power plant in the country and the first overseas nuclear power plant designed and built by Korea. The nuclear power plant is being jointly constructed by Hyu

Piggybacking on the global popularity of Korean culture led by K-pop and K-dramas, Korea Airports Corporation said Thursday it is going all out to attract more international travelers next year. “Welcoming 2023 and 2024 as the Visit Korea Year, we plan to bring in as much as 8.5 million inbound travelers, 40 percent of the pre-pandemic level, by combining K-culture and tourism,” Korea Airports Corporation CEO Yoon Hyeong-jung said during a press conference at the company headquarte