SeAH Steel Faces Potential Strike After 14 Years Amid Labor Dispute
SeAH Steel is on the brink of a strike for the first time in 14 years as labor and management have failed to narrow their differences over this year's wage and collective bargaining agreement. Following POSCO, the intensifying labor dispute at SeAH Steel is raising concerns of widespread strikes across the steel industry.According to a report by Aju Economy on August 26, the SeAH Steel labor union submitted a request for labor dispute mediation to the Gwangju Regional Labor Relations Commission.
SK Gas to Absorb Loss-Making Subsidiary SK Advanced, Aiming for Propane and PDH Synergy
SK Gas is accelerating the optimization of its business portfolio by merging with its PDH subsidiary, SK Advanced, following the asset securitization of the Ulsan GPS power plant in June. The merger aims to integrate the value chain from propane procurement to propylene production into a single management system to enhance synergies.On August 26, SK Gas held a board meeting and approved the merger agreement with SK Advanced. SK Advanced is a wholly-owned subsidiary of SK Gas. The merger will pro
Choi Young-tak Acquitted in Appeal of 'Housekeeper Gate' Case
Choi Young-tak, the CEO of IMS Mobility, was acquitted in his appeal regarding the so-called "Housekeeper Gate" scandal, which involved allegations of securing investment funds from companies by leveraging his connections with Kim Geon-hee's family.On August 26, the Seoul High Court's Criminal Division 6-3, consisting of judges Min Dal-ki, Kim Jong-woo, and Park Jeong-je, upheld the first trial's ruling, declaring Choi not guilty and dismissing the charges against him.Previously, the special in
Blue House to Review Opposition to Inyo Han's Red Cross Chair Approval
The Blue House announced on August 26 that it will review the opposition raised by Kim Min-seok, the leader of the Democratic Party, against the approval of Inyo Han, a former lawmaker from the People Power Party, as the chair of the Korean Red Cross. In a media statement, the Blue House said, "Kim's proposal has been conveyed to the Blue House, and we plan to review it." Although Inyo was elected as chair by the Korean Red Cross Central Committee, he has not yet assumed office as he has not r
Kim Do-kyun Appointed as New CEO of Kangwon Land
Kangwon Land has appointed Kim Do-kyun, former commander of the Army Capital Defense Command, as its new CEO.On August 26, Kangwon Land held its 34th extraordinary general meeting at the High1 Palace Hotel, where it approved the appointment of the new CEO, an executive director (vice president), and an audit committee member, along with some amendments to its articles of incorporation.During the meeting, the appointment of Kim as CEO was approved, along with the selection of Yoo Jeong-bae, forme
China's Cabbage Controversy: No Formaldehyde Detected in Recent Imports, Says Food Agency
Concerns have arisen over the use of formaldehyde, a known carcinogen, in cabbage to maintain freshness in some regions of China. However, recent tests confirmed that no formaldehyde was detected in Chinese cabbage imported into South Korea.The Ministry of Food and Drug Safety announced on August 26 that it conducted tests on eight shipments of Chinese cabbage reported for import on August 24 and found no traces of formaldehyde.In response to the controversy surrounding so-called 'formaldehyde c
Yongsan Park Development Remains Uncertain as Officials Seek Alternatives
The disagreement between the government and Seoul City over housing supply at Yongsan Park remains unresolved after a second meeting. Minister of Land, Infrastructure and Transport Kim Yoon-deok and Seoul Mayor Oh Se-hoon met again on August 26, but both sides maintained their previous positions regarding the use of Yongsan Park.However, the Seoul City government formally proposed developing the area around the Tancheon Water Recycling Center into a physical AI and youth housing complex, which t
Muan County Promotes Road Name Address System at Yellow Clay Tidal Flat Festival
Muan County, part of the integrated metropolitan city of Gwangju, is launching a campaign to promote the practical use of the road name address system during the 12th Muan Yellow Clay Tidal Flat Festival.From August 29 to 30, the county will host a 'Road Name Address Card News Reading Event' at the festival's information center, as announced on the 26th.The event aims to help visitors understand the concept and application of road name addresses in a friendly and accessible manner.Participation
President Lee: Balanced Development is Essential for South Korea's Survival
이재명 대통령은 26일 “균형발전은 선택이나 시혜가 아니라 대한민국의 생존과 지속 성장을 위한 필수 전략”이라며 강력한 국토 균형발전 정책을 추진하겠다고 밝혔다. 수도권 과밀과 지방소멸이 국가 전체의 효율성과 경쟁력을 떨어뜨리는 핵심 원인이라고 진단하고, 3대 메가 프로젝트로 대표되는 초격차 전략산업을 전국으로 다극화해 지역이 성장을 주도하는 구조를 만들겠다는 구상이다. 이 대통령은 이날 청와대에서 제10회 중앙지방협력회의를 주재하고 “현재 대한민국이 안고 있는 사실상 모든 큰 문제의 출발
Mokpo Natural History Museum and Children's Marine Science Museum Launch Science Education Programs for Fall
The Mokpo Natural History Museum and the Mokpo Children's Marine Science Museum are launching fall education programs aimed at enhancing students' scientific curiosity and inquiry skills as the new semester begins.The Mokpo Natural History Museum announced on the 26th that it will operate a hands-on education program titled 'Fall Natural History Class' starting in September, focusing on natural science and dinosaurs.The regular program will run every Saturday from September 12 to December 19. It