By UN Journal Lee Jon-young Bucheon City Mayor Cho Yong-ik met with Ambassador of the Kyrgyz Republic to South Korea Aida Ismailova, and agreed to find ways for mutual cooperation on Jan. 29. Bucheon City announced on Jan. 31 that Bucheon and Kyrgyz Republic have recently increased exchanges in the medical and economic fields. Soon Chun Hyang University Bucheon Hospital has been operating the Bishkek Imaging Consultation Center in Kyrgyzstan since 2022, and a local cosmetics company signed a contract to sell functional cosmetics to CIS member states, including Kyrgyzstan, in January this year.
By UN Journal Lee Kap-soo Choi Jeong-woo, chairman of POSCO Group, recently met with Australian Minister for Resources Madeleine King to discuss the eco-friendly future business cooperation that POSCO Group is promoting in Australia. According to POSCO on Feb. 5, Minister Madeleine King visited the POSCO Center in Gangnam-gu, Seoul, on Jan. 31 and exchanged views with Chairman Choi on the business areas of steel, clean hydrogen and secondary battery materials. At the meeting, Choi said, "The areas of cooperation between POSCO Group and Australia for the common goal of carbon neutrality are div
By UN Journal Lee Kap-soo Tajikistan's Ambassador to Korea Kirom Salohiddin and his delegation met with Gyeongbuk Governor Lee Chul-woo on Jan. 30 to discuss the expansion of friendly exchanges between Gyeongbuk Province and Tajikistan. Lee Ok-ryun, president of the Korea-Central Asia Friendship Association, also attended the meeting. Tajikistan is a country in Central Asia that gained independence from the Soviet Union in 1991 and is a member of the Commonwealth of Independent States (C.I.S.). Although 93% of the country is mountainous, it has shown competitiveness in agriculture and textiles
By UN Journal Lee Jon-young The Ministry of Land, Infrastructure, and Transport (MOLIT) announced on Feb. 1 that it will impose an eight-month business suspension on five construction companies, including GS E&C, in connection with the collapse of the underground parking lot of an apartment building in Geomdan New City in Incheon. Five companies, GS E&C, Dongbu Corp., Daebo E&C, Sangha Construction, and Asia General Construction, were given an eight-month business suspension. The suspension period is from April 1 to November 30. The suspended construction companies are prohibited f
UNJournal Jon Lee | Minister of Foreign Affairs Cho Tae-yul visited the Korea Enterprises Federation (KEF) on January 30 and met with KEF Chairman Sohn Kyung-shik. The purpose of his visit was to listen to the voices of Korean companies in the field regarding the expansion of overseas expansion. Chairman Sohn emphasized the increasingly important role of diplomacy in the face of growing uncertainty in relations with the four neighboring countries of Japan, China, Russia, and the U.S. which is ahead of the presidential election, and requested that the Ministry of Foreign Affairs actively suppor
By UN Journal Lee Jon-young Hyundai Elevator is speeding up its efforts to strengthen its global capabilities to explore new markets. At the conference, more than 70 members of the CoP team shared their research over the past year on the construction business, corporate status, cultural characteristics, and market outlook of major and strategic countries. Hyundai Elevator's major markets include China, Indonesia, Vietnam, and Turkmenistan, while its strategic countries include Saudi Arabia, Poland, and Finland. In particular, the event was attended by Mr. Abdulaziz Al-Dael, Director of the Cul
UNJournal Jon Lee | Minister of Foreign Affairs Cho Tae-yul had a telephone conversation with Australian Minister for Foreign Affairs Penny Wong on Jan. 25 to exchange greetings, Spokesperson and Deputy Minister for Public Affairs Soosuk Lim said in a press briefing. Over the phone, the two Foreign Ministers discussed Korea-Australia relations, cooperation on the defense industry, and regional and global issues, among others. They noted with appreciation that their two countries have built a strong and close partnership based on their “Comprehensive Strategic Partnership.” Meanwhile, Minister
UNJournal Jon Lee | Gyeonggi-do Governor Kim Dong-yeon, who is visiting Switzerland and France to strengthen international exchanges and attract investment, met with Valérie Pécresse, governor of Île-de-France, to discuss cooperation. Governor Kim Dong-yeon and Governor Valérie Pécresse had breakfast at the Ile-de-France Provincial Office on Jan. 19 and discussed concrete action plans on startups, climate change, high-tech industries, and youth exchange. "I think there is a lot of potential for cooperation between the two regions in terms of startups, high-tech industries, climate change, as w
UNJournal Jon Lee | Hyundai Motor Company and Kia Corporation unveiled the ‘Active Air Skirt’ (AAS) technology on Jan. 23 that minimizes the aerodynamic resistance generated during high-speed driving, effectively improving the driving range and driving stability of electric vehicles (EVs). AAS is a technology that controls the flow of air entering through the lower part of the bumper and effectively controls the turbulence generated around the vehicle wheels by operating variably according to the vehicle speed during high-speed driving. In the EV era, competition to secure a better driving ran
UNJournal Jon Lee | Kim Kyong-hae, CEO of Communications Korea (CK), won the Silver Award in the PR LEGEND category at the INDIE AWARDS 2023, the world's most prestigious PR awards, held on January 24 in London, UK, the PR company said on Jan. 25. The awards are given to legendary figures in the global PR industry. “Thenetworkone,” a global independent network connecting more than 1,600 companies in the PR, advertising and media sectors in 119 countries around the world, is based in London, UK, and annually holds the INDIE AWARDS ceremony to recognize outstanding individuals in the field. The
UNJournal Jon Lee | Foreign Minister Cho Tae-yul met with Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI) and chairman of SK Group, at the KCCI building in Jung-gu, Seoul, on Jan. 24 to discuss current issues in the business community and cooperation in the fields of foreign affairs and security. Cho, who took office on Jan. 12, has been visiting economic organizations and exchanging views with their leaders on ways to strengthen public-private partnerships. On Jan. 22, he met with Ryu Jin, chairman of the Federation of Korean Industries (FKI). Among those on the me
By UN Journal Lee Kap-soo The Seoul Gyeonggi North Construction Branch of the Korea Construction Workers' Union (KCWU) held a press conference on Jan. 23 in front of the GS headquarters in Jongno, Seoul to condemn GS E&C (Engineering & Construction)'s shoddy and poor construction. At the same time, at the Dignity Xi apartment site in Yangpyeong-dong, Yeongdeungpo-gu, Seoul, they condemned GS E&C for conducting concrete pouring work in the middle of a snowstorm, saying that it was doing so to save costs, even though there was a risk that it would lead to poor construction. According
By Lee Jon-young Chairman Lee Jon-young of the Bukgwan Victory Monument (Bukgwandaecheopbi) National Movement Central Committee (Star who saved the country, General Jeong Mun-bu) will exhibit the stele for the victory in battle at the northern frontier by General Jeong Mun-bu from January 24, 2024, in the first-floor lobby of Doosan We’ve Building located at 81 Sambong-ro, Jongno-gu, Seoul. The stele reproduces the 420-year history of the Bukgwan Victory Monument, which was looted by the Japanese in 1592 during the Imjin War, and returned to its hometown in North Korea after 100 years. Jeong M
By Lee Kap-soo South Korea's military strength is the fifth strongest in the world, according to a new report. North Korea, on the other hand, was ranked 36th. According to the '2024 Global Firepower' report released by the U.S. military power assessment organization Global Firepower (GFP) on Jan. 19, South Korea scored 0.1416 on the military power assessment index, ranking fifth among 145 countries surveyed. This is an improvement from last year's ranking (6th). South Korea's GFP military power ranking has steadily risen to ninth in 2013 and seventh in 2014, and has remained at sixth from 202
By Kayla Lee Hanwha Life President and CGO Kim Dong-won attended the Davos Forum in Switzerland from January 15 to 19, and had a time of active exchange and cooperation with global financial industry leaders. Hanwha Life's global field management is aimed at expanding its activities beyond the limits of the domestic insurance market, where growth has stagnated due to market saturation and an aging population. President Kim, who visited Davos for the second year in a row, held more than 10 business meetings and focused on finding the direction of Hanwha's global strategy and exploring ways to e