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Daewoong Pharmaceutical Accelerates Entry into Indonesias Halal Market Daewoong Pharmaceutical Accelerates Entry into Indonesia's Halal Market

Daewoong Pharmaceutical is taking proactive measures to comply with Indonesia's mandatory halal certification system and strengthen its market presence by joining the government's 'Joint Public-Private Support Group for Entry into Indonesia.' On August 25, Daewoong Pharmaceutical announced its participation in a meeting held last month in Jakarta, Indonesia, organized by the Ministry of Food and Drug Safety (MFDS). The meeting aimed to address challenges faced by domestic pharmaceutical, bio, an

Hyosung Heavy Industries Unveils Future Power Grid Solutions at CIGRE 2026 Hyosung Heavy Industries Unveils Future Power Grid Solutions at CIGRE 2026

Hyosung Heavy Industries is presenting solutions for the future power grid at CIGRE 2026.The company announced on August 25 that it is participating in the CIGRE (International Council on Large Electric Systems) Paris Session 2026, taking place from August 24 to 28 in Paris, France.The CIGRE Paris Session is the largest academic conference and exhibition in the world, gathering over 10,000 power industry experts and top global companies from more than 100 countries to discuss technological stand

Hanwha Shares Surge Over 15% on First Day of Trading After Split Hanwha Shares Surge Over 15% on First Day of Trading After Split

Hanwha's shares have surged over 15% on the first day of trading following its spin-off. The strong performance is attributed to expectations of a restructuring focused on defense and shipbuilding, as well as increased shareholder returns.As of 9:50 a.m. on the Korea Exchange, Hanwha's stock was trading at 116,300 won, up 15.61% or 15,700 won from its opening price.The newly listed Hanwha Machinery and Service Holdings, which was created from the spin-off, has also hit its upper trading limit. T

SK Hynix Labor Agreement Rejected by 25 Votes Amid Disagreement on Bonus Structure SK Hynix Labor Agreement Rejected by 25 Votes Amid Disagreement on Bonus Structure

SK Hynix's tentative agreement on this year's wage and collective bargaining, reached after two months of negotiations, was rejected by union members by a margin of 25 votes. Despite a proposed 6.3% wage increase and expanded benefits, the plan to allocate 60% of the performance bonus, known as the excess profit distribution (PS), in company stock failed to gain approval.According to industry sources, the electronic vote on the tentative agreement, which closed at 9 a.m. on the 25th, saw 7,535 v

Government Sees 1.8-Fold Increase in Electric Vehicle Charging Complaints Government Sees 1.8-Fold Increase in Electric Vehicle Charging Complaints

The number of monthly complaints related to electric vehicle charging submitted to the government has increased by 1.8 times over the past three years.The Anti-Corruption and Civil Rights Commission reported on August 25 that it analyzed over 173,000 complaints related to electric vehicle charging received through the National Civil Complaint Center and local government complaint offices from August 2023 to last month.The average monthly complaints rose from 3,683 in 2023 to 6,578 this year, mar

Changes to Customs Procedures for International Online Shoppers Begin August 28 Changes to Customs Procedures for International Online Shoppers Begin August 28

The verification process for personal customs identification numbers used in international online shopping will be strengthened. Users who obtain a new personal customs identification number or change their information will need to enter a one-time authentication code when making international purchases.The Korea Customs Service announced on the 24th that it will begin a pilot operation of an 'e-commerce dedicated customs platform' starting August 28 to prevent the misuse of personal customs ide

Nongshim Launches Hello Kitty-Themed Chicken Legs and Potato Chips Nongshim Launches Hello Kitty-Themed Chicken Legs and Potato Chips

Nongshim is collaborating with CJ Olive Young and global character IP Sanrio to promote 'K-snacks' to young consumers both domestically and internationally.The company announced on August 25 that it will launch 'Chicken Leg Nuggets with Seasoned Chicken Flavor' and 'Potato Chips with Sweet Corn Flavor' on August 30 as part of the 'Olive Young Pick' campaign, which combines local delicacies with Sanrio characters.The two products reinterpret regional specialties as Nongshim snacks. The Chicken Le

Missing 80-Year-Old Man with Dementia Rescued by Drone Missing 80-Year-Old Man with Dementia Rescued by Drone

A drone was used to rescue an 80-year-old man with dementia who was wandering in the woods. The Gwangju Fire Department dispatched a fire drone and rescue team to Central Park in Seo-gu on the afternoon of the 19th, locating the man just 50 minutes after receiving the missing person report. The fire department received a call from the man's family, stating, "My father, who has dementia, has not returned home and cannot be reached." The elderly man was not at home when his caregiver visited at 7

Liner Secures 50 Billion Won in Series C Funding Liner Secures 50 Billion Won in Series C Funding

AI startup Liner announced it has secured 50 billion won in Series C funding on August 25. The funding round was led by LB Investment, with existing shareholders including Atinum Investment and CJ Investment also participating. New investors such as KDB Industrial Bank, Helios Private Equity, KB Securities, Daishin Securities, and Stick Ventures joined the round.Liner, which specializes in AI-generated search responses, has launched several products, including the academic-focused 'Liner Scholar

Gwangju, South Jeolla Province, Recognized for 1,032 Tourist Attractions Gwangju, South Jeolla Province, Recognized for 1,032 Tourist Attractions

Gwangju, South Jeolla Province, has demonstrated its national tourism competitiveness with 1,032 attractions recognized as 'Representative Attractions of Korea.' Four locations, including Suncheon Bay National Garden and Damyang Juknokwon, ranked among the top 10 in a nationwide public vote. The Gwangju Metropolitan City announced on August 25 that 1,032 local attractions were selected as part of the Ministry of Culture, Sports and Tourism's '100×100 Representative Attractions of Korea' project.