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.
Hyundai Engineering Rises Over 8% Amid Nuclear Investment Optimism
Hyundai Engineering has seen its stock rise by more than 8% in early trading on the 25th, buoyed by expectations of increased nuclear investment in the second half of the year.As of 9:29 a.m. on the 25th, Hyundai Engineering's shares were trading at 114,200 won, up 8,600 won (8.14%) from the previous trading day, according to the Korea Exchange.The surge in stock price is attributed to positive forecasts from the securities industry regarding the nuclear power sector. KB Securities maintained a
Government and Ruling Party Commit to Support Major Projects and AI in Next Year's Budget
The government and ruling party are finalizing plans for next year's budget, projected to be around 800 trillion won. This budget, the largest in history due to a semiconductor boom, aims to support the administration's key initiatives: three major projects and a leap in artificial intelligence (AI).On the morning of August 25, the Democratic Party and the Budget Office held a meeting at the National Assembly to discuss their views on the budget.After the meeting, Kwon Chil-seung, the policy com
NH Nonghyup Financial Donates Rice to Senior Care Facilities, Promotes Community Support
NH Nonghyup Financial is expanding its support for senior care facilities as part of its commitment to community welfare. The company announced on August 25 that it held a "Love Our Rice Donation" event at the Sindang Day Care Center in Jung-gu, Seoul, on August 24. The event featured Hwang Jong-yeon, Vice President of NH Nonghyup Financial's Strategic Planning Division, along with a team of employee volunteers. They delivered rice, red ginseng snacks, and beverages to the center and provided
SK Hynix Workers Reject Tentative Wage Agreement by Narrow Margin
SK Hynix's tentative wage and collective bargaining agreement has been rejected by its union members following two months of negotiations. The vote against the agreement was decided by a narrow margin of just 25 votes, prompting both sides to prepare for further negotiations regarding the distribution of performance bonuses, known as PS.According to industry sources, the SK Hynix labor union conducted an electronic vote from August 24 until 9 a.m. on August 25, resulting in 50.08% (7,535 votes)
Yuhan-Kimberly Surpasses 7 Million Donations of Preemie Diapers
Yuhan-Kimberly announced on August 25 that it has donated over 7 million ultra-small diapers through its Huggies Preemie Campaign.Since July 2017, a total of 46,826 premature infants have received assistance. Premature infants are defined as those born before 37 weeks of gestation or weighing less than 2.5 kg. In South Korea, one in ten newborns is considered premature.Currently, Yuhan-Kimberly is the only company producing ultra-small diapers specifically for premature infants. These diapers ar
White House Warns of Chinese Products Disguised as Korean
On August 13, the White House released a report titled "The Great Transshipment Scam." The report reveals a shadow network through which products made in China are disguised as originating from third countries before entering the U.S. market. It warns that the U.S. is closely monitoring these activities and will enhance oversight systems. South Korea is mentioned in the report, indicating that this is not a matter to be taken lightly.Trojan Horses Enter Through PortsThe cover of the report featu
Hanwha Ocean Expands Low-Carbon Standardization Strategy to Marine Plants
Hanwha Ocean is expanding its marine plant standardization strategy into the low-carbon sector based on global classification certification.On August 25, Hanwha Ocean announced that it has received concept approval from the Norwegian classification society DNV for its low-carbon standard FPSO (Floating Production Storage and Offloading). Additionally, it secured concept approval from the American Bureau of Shipping (ABS) along with a certificate for its project sustainability execution plan.In t
Sejong Law Firm Hosts Inaugural Eurasia Diplomatic Roundtable
Sejong Law Firm, led by Managing Partner Oh Jong-han, announced on August 25 that it co-hosted the inaugural Eurasia Diplomatic Roundtable with the Eurasia21 Association on August 20 at the Sejong GR Conference Room.The event aimed to address key issues in Korea-Russia economic cooperation amid changing international circumstances and to establish dialogue channels among businesses, experts, legal professionals, and private institutions.Attendees included Alexey Sapetko, head of the Russian Trad
Exchange Rate Fluctuates Around 1380 Won Amid Strong Dollar Due to U.S. Sanctions on Iran
The won-dollar exchange rate is trading in the 1380 won range.As of 9:08 a.m. on August 25 in the Seoul foreign exchange market, the exchange rate stood at 1379.5 won against the U.S. dollar. The rate recorded an increase of 0.8 won to 1383.2 won compared to the previous day's closing price as of 6 a.m.Overnight, the dollar showed strength. The dollar index, which measures the dollar's value against six major currencies, rose by 0.19% to 99.016. This increase is attributed to heightened demand f