Bacardi Korea has collaborated with four emerging Korean artists in a Bombay Sapphire brand exhibition, under a global campaign named Stir Creativity, which is running until July 31 in Seoul. Bombay Sapphire, founded in 1761, is a premium London Dry Gin brand famous for its unique vapor infusion method that utilizes 10 botanical ingredients from various corners of the world. The brand ranked first in sales in the domestic gin market last year. Works by the artists -- Goo Gi-jeong, Park Seon-mi

A group of ambassadors, consuls and their families make Korean-style fried chicken during a class offered by South Korean fried chicken franchise Genesis BBQ in Gwangju, Gyeonggi Province, Friday. The event was attended by diplomats from nine countries, including Malaysia, Panama, Congo, Sierra Leone, Zambia, Nigeria, Uzbekistan, the Ivory Coast and the UK. BBQ plans to hold more classes until the year-end, inviting diplomats and their families to taste and make its signature chicken dishes, suc

South Korea’s largest chemical company LG Chem said Friday it is accelerating efforts to create a more flexible corporate culture and foster better communication between executives and employees. As part of related efforts, the company recently launched its new initiative called the CEO Discussion Table, which brings together CEO Shin Hak-cheol and junior employees to freely exchange their opinions on the company’s key strategies and business directions. Through the non-hierarchica

A new art museum featuring some 23,000 artworks collected by the late Samsung Group Chairman Lee Kun-hee is expected to be built in central Seoul in 2028 after getting regulatory approval Thursday. The museum was one of the six construction projects whose feasibility reviews gained approval from the Ministry of Economy and Finance. Following his death in 2020, his family donated a total of 23,181 art pieces previously owned by Lee. The collection includes various masterpieces by renowned Korean

South Korea’s government procurement agency said Friday it is ramping up support for local companies to accelerate their expansion into overseas markets and boost the nation’s exports overall. Affiliated with the Ministry of Economy and Finance, the Public Procurement Service oversees and manages contracts of goods, services and construction to facilitate the procurement and supply of goods for the public sector. PPS Administrator Kim Yoon-sang also renewed the agency’s commitm

Winners of the 15th Multicultural Family Award, hosted by Hana Financial Nanum Foundation, pose for a photo at the ceremony held at the financial group’s headquarters in central Seoul, Monday. Since its launch in 2009, the award aims to support the integration of immigrant women in South Korea. This year’s top winner is Ra Ji-won from Vietnam with 13 years of marriage with his Korean husband, who has served as a reliable mentor for newlywed immigrants in the country.

South Korea’s SMEs and Startup Ministry and Indonesia’s Cooperatives and Small and Medium Enterprises Ministry are set to co-host the fourth Korea-ASEAN Business Model Competition for SDGs 2023, which will run from August through October. According to the organizing committee Wednesday, the annual competition, launched in 2020, aims to support the development of startups and SMEs from South Korea and Southeast Asian countries dedicated to achieving the Sustainable Development Goals

BC Card announced Tuesday that it has signed a memorandum of understanding with Uzbekistan’s state-run payment network operator National Interbank Processing Center to establish a payment network connecting the two countries. The signing event was held earlier in the day at the Central Bank of Uzbekistan in Tashkent, with BC Card CEO Choi Won-seok and NIPC Shukratbek Kurbanov CEO, in attendance. The latest deal marks the company’s third business expansion into Central Asian countri

The state-run Korea Post said Monday that it plans to bolster cooperation with the Kahala Posts Group, an alliance of 11 postal operators, to enhance the quality of international mail services and joint market expansion. Korea Post Director General Kim Hong-jae presented the current status and performance of Korea’s international postal services and its goals while attending the Kahala Post Group's annual meeting in Paris, France, Thursday. KPG was launched in 2002 by six major postal

Mercedes-Benz Korea said Sunday that a total of 11 South Korean college students have visited the carmaker’s facilities in Germany, including a smart factory in Sindelfingen and an AMG factory as part of an industry-university cooperation program, named Mercedes-Benz Mobile Academy. Since the program’s 2014 launch, more than 150 students have visited the European country. “I hope this year’s headquarters visit program will serve as a good referendum for the young traine

Korea Eximbank announced Sunday that it had signed a trilateral memorandum of understanding with Korea Trade Insurance Corporation (K-Sure) and Bank Gospodarstwa Krajowego from Poland to enhance economic and financial cooperation between the two countries. BGK, established in 1924 for the country’s economic and industrial development, is the sole state-owned bank in Poland that provides loans and operates and manages government funds. The signing event was held Thursday at BGK’s head

Posco International said Wednesday that its women's table tennis team Spinners and national players of Korea Bobsleigh Skeleton Federation jointly participated in plogging -- a combination of jogging with picking up litter -- alongside its employees and executives at a mountain in Pyeongchang, Gangwon Province. This activity aligned with the company’s environment, social, and governance goals, while bringing together athletes that the company has long been funding since 2011 under i

South Korean ICT start-up I&OK said that it has inked an agreement with global artificial intelligence-based company iStaging to establish a joint venture called iStaging Asia. The signing event was held at I&OK's office in Seoul on July 3, with top executives including I&OK CEO Song Min-jae and iStaging’s CEO Johnny Lee in attendance. Under the agreement, iStaging Asia aims to collaborate with leading retail and financial companies in Korea to operate metaverse business

Hyundai Motor Group has hired female workers for its local production plants for the first time since its founding, according to the nation’s umbrella union on Tuesday. Among a total of 200 factory workers hired in July, six were women, the Korea Metal Workers’ Union said. The carmaker, however, did not reveal the exact gender ratio. Currently, the carmaker employs around 28,000 factory workers, among whom approximately 500 are women. Most of the female employees had previously worke

South Korean cable maker LS Cable & System said Monday that it has released an ultra-slim 10 gigabytes per second local area network cable. Also known as Cat6a LAN cable, the external diameter of this latest cable stands at 6 mm, making it the thinnest LAN cable in the world. It is approximately 20 percent thinner than other widely used LAN cables with an average diameter of 7.2 mm. The latest development comes amid intensifying competition among the industry's leading companies to redu

South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai on Monday said that a total of five teams have been selected to commercialize their business ideas under its in-house venture accelerator program, Dream Cube. Dream Cube aims to support bold-spirited senior-level employees or teams of up to four members for their creative business ideas over the course of one year. Since March, a total of 239 business ideas have been submitted for assessment from all HD Hyundai affilia

LG Energy Solution, the world's second-largest battery maker, said Friday it has inked a long-term deal with Chilean lithium producer SQM for the key electric vehicle battery component. Under the agreement, SQM is set to supply 100,000 metric tons of lithium to LG Energy Solution over the next seven years, beginning this year through 2029. The supply would be able to power 2 million all-electric vehicles, making it the world's largest single purchase agreement in scale. This agreement

Hyundai Glovis, a logistics affiliate under Hyundai Motor Group, announced Thursday that it has forged a partnership with The Ocean Cleanup, a Netherlands-based nonprofit organization, to join international efforts to remove plastic waste from the ocean worldwide. Under the partnership, Hyundai Glovis will utilize its vessels to gather information on marine waste. Special cameras will be attached to its vessels to identify the location and the size of the plastic waste. The information collect

South Korean tire maker Kumho Tire said Thursday it has signed a sponsorship deal with AC Milan, the renowned Italian professional football club based in Milan, for five seasons through the 2027-28 Serie A season. The signing event was held at the club’s headquarters Casa Milan with top executives including Kumho Tire CEO Jung Il-taik and AC Milan CEO Giorgio Furlani in attendance. AC Milan, established in 1899, is one of the top European football clubs with a total of 19 league titles. Un

South Korean proptech startup Urbanbase said Wednesday it has won a patent dispute against its local rival Archidraw. Putting an end to their two-year legal battle, a Seoul patent court recently ruled in favor of Urbanbase, invalidating all patents previously registered by Archidraw. Urbanbase is an artificial intelligence-based tech firm equipped with 3D interior simulation and high-resolution 8K rendering technologies. It offers comprehensive furnishing services for both individual and corpo