Hanwha Defense USA, the US subsidiary of Hanwha Aerospace, held an opening ceremony for its local office Tuesday at Pine Bluff Arsenal in Arkansas, marking the first step toward developing the ammunition production hub. The event was attended by Arkansas Gov. Sarah Huckabee Sanders, Jordan Gillis, assistant secretary of the US Army for installations, energy and environment, Arkansas Commerce Secretary Hugh McDonald, and other federal, state and local officials. Hanwha Defense USA was selected in

HD Construction Equipment and Manitou Group signed a mutual sales partnership agreement for compact construction equipment on Monday at Manitou Group’s headquarters in Ancenis, France. The partnership is expected to strengthen their presence in the global compact construction equipment market. The signing ceremony was attended by Moon Jae-young, president of HD Construction Equipment, Sylvain Blaise, president of Manitou Group, and other key officials from both companies. Manitou Group supplies

Korean beauty company APR said Tuesday it has obtained ISO/IEC 42001 certification for artificial intelligence management systems and the AI Trust Mark from Norwegian certification body Nemko. APR said it is the first beauty company globally to obtain both certifications. For ISO/IEC 42001 certification, APR established 46 AI management documents across seven layers covering its AI-based personalized care services. Individual departments are responsible for AI-related risks, while management ove

Welcron, the parent company of Welcron Group, has launched an official website for its defense division to showcase its products and technologies and strengthen overseas marketing. The site catalogs defense products based on Welcron’s composite materials technology, covering personal protection as well as systems for vehicles and vessels. Personal protection offerings include a lightweight ballistic plate that passed the Ministry of National Defense’s evaluation for outstanding commercial produc

Commercial districts across South Korea are being developed into tourism destinations that combine regional culture, local businesses and K-culture, as the government seeks to draw international visitors beyond Seoul and revitalize local economies. The two-year initiative, led by the Small Enterprise and Market Service, will support about six commercial districts outside the capital. Each selected area will be eligible to receive up to 5 billion won ($3.6 million) through the end of 2027. The pr

Aichi-Nagoya Asian Games to raise curtain Friday 아이치·나고야 아시안게임, 금요일 개막 The 2026 Aichi-Nagoya Asian Games will open Friday in Nagoya, Aichi Prefecture, Japan, and run through Oct. 4. 2026 아이치·나고야 아시안게임이 금요일 일본 아이치현 나고야에서 개막해 10월 4일까지 열린다. Athletes will compete for 469 gold medals across 43 sports and 71 disciplines, including new additions such as virtual taekwondo, padel and teqball. 선수들은 가상 태권도, 파델, 테크볼 등 새로운 종목을 포함해 43개 종목, 71개 세부 종목에서 총 469개의 금메달을 놓고 경쟁한다. About 15,000 athletes and officials

Alteogen, a Korean biotech company specializing in drug-delivery platform technologies, said Thursday it has filed an international patent application for a technology designed to prolong drug effects by combining multiple active molecules into a single conjugate. The technology, called long-acting conjugate, builds on Alteogen’s existing platform for attaching drugs to designated sites on antibodies. By linking multiple active molecules in one structure, the company aims to extend a drug’s half

Musinsa Beauty’s first stand-alone store generated more than 250 million won ($183,000) in sales during its first three days, the fashion platform operator said. Musinsa Beauty Hongdae, which opened Friday in Seoul, spans 1,322 square meters across three levels. Its two above-ground floors carry makeup, fragrances, skincare, hair and body products, and men’s grooming items. The basement houses Beauty Onnuri Pharmacy, which offers pharmacist consultations alongside high-performance beauty product

BGF Retail, operator of convenience store chain CU, held a completion ceremony Wednesday for its 260 billion won ($191 million) logistics center in Busan, which it says is the largest facility of its kind in Korea’s convenience store industry. BGF Group Chairman Hong Seok-jo and BGF Retail Vice Chairman Hong Jung-guk attended the ceremony, along with Busan Mayor Jeon Jae-soo and other company and local government officials. The center occupies a 47,187-square-meter site in the Busan Internationa

Woori Bank said Wednesday that its NOL World Card, a prepaid card for foreign visitors, surpassed 10,000 issuances just three months after its launch. Developed with travel platform operator NOL Universe and fintech company Kona I, the card allows visitors to exchange currency, add funds, withdraw cash and make payments in Korea without opening a local bank account. Customers can collect the card at Woori Bank counters at Incheon Airport upon arrival. Related services are also available at the b

Samsung SDS has become the first Korean company to attain Select Tier status in Anthropic’s Claude Partner Network, strengthening its ability to help businesses deploy and operate the generative AI platform. The designation follows a strategic partnership the companies signed at an AI summit in San Francisco in July. Anthropic awards Select Tier status to partners with certified technical personnel and demonstrated experience applying Claude in real-world business environments. Samsung SDS was a

Korea Water Resources Corp. said Tuesday it has secured original proponent status for a water infrastructure project in New Clark City, the Philippines, advancing its bid for a development expected to exceed 1 trillion won ($740 million) in total value. Known as K-water, the state-run utility said CEO Yoon Seog-dae received the certification Monday from Joshua Bingcang, president and CEO of the Bases Conversion and Development Authority, at the Philippine agency’s headquarters in Taguig. The sta

HD Hyundai said it is developing a barge-mounted power plant capable of supplying up to 100 megawatts of electricity as it expands into power infrastructure for AI data centers and industrial complexes. HD Korea Shipbuilding & Offshore Engineering, the group’s intermediate shipbuilding holding company, has received approval in principle from the American Bureau of Shipping for the floating power plant’s core technologies. The certification covers elements of the company’s proprietary design, inc

Nongshim promoted its flagship Shin Ramyun brand at Middle East Film & Comic Con in Abu Dhabi, stepping up its culture-focused marketing in the region. The three-day event, held Friday through Sunday at the Abu Dhabi National Exhibition Centre in the United Arab Emirates, is the Middle East’s largest pop culture festival. Also known as UAE Comic Con, it draws more than 45,000 visitors annually with programming spanning film, television, animation, comics, gaming and cosplay. Nongshim’s booth fea

G CNS has received a plaque of appreciation from Indonesia’s tax authority for developing and supporting Coretax, the country’s integrated tax administration platform, the Korean IT services company said Monday. The award was presented Friday at the Jakarta Tax Office during a ceremony attended by Kim Hong-geun, head of LG CNS’ Digital Business Division; Bimo Wijayanto, Indonesia’s director general of taxes; and Iwan Djuniardi, special adviser to the finance minister. Led by the Directorate Gene