LG Electronics has secured an annual production capacity of 600,000 refrigerators in Brazil. This move marks the establishment of the company's second production base in the country, reinforcing its strategy for local manufacturing and exports to South America.According to industry sources, LG Electronics began operations at its new factory in Paraná on August 13. This facility is the company's second production site in Brazil, following the establishment of its Manaus plant in Amazonas in 1996.

Korean Minister of Trade, Industry and Energy Kim Jong-kwan stated that practical issues regarding the $200 billion investment project agreed upon in U.S.-Korea tariff negotiations are still being addressed, and he aims to continue discussions with U.S. officials with the goal of making an announcement by the end of this month.Speaking to reporters on August 16 at Dulles International Airport near Washington, D.C., Kim said, "I mentioned that we are considering an announcement around the end of

Convenience store chains CU, GS25, Seven Eleven, and Emart24 have launched their Chuseok gift set sales this year, offering a wide range of products from a 31 million won humanoid robot to affordable food items priced at 10,000 won. According to the convenience store industry on the 17th, CU, GS25, Seven Eleven, and Emart24 began their Chuseok gift sales in mid-August. CU has prepared over 710 types of gift sets, while GS25 and Seven Eleven each have around 600 types available. Notably, high-pri

HD Hyundai Electric has independently developed Korea's first 420kV eco-friendly high-voltage circuit breaker, accelerating its entry into the European eco-friendly power equipment market.On August 17, HD Hyundai Electric announced the completion of the development of the 420kV SF₆-Free high-voltage circuit breaker, marking it as the first in Korea and the third globally.The newly developed eco-friendly circuit breaker replaces the traditional SF₆ insulating gas with a C₄ mixed gas, necessitatin

The Democratic Party will hold a convention on August 17 to establish a new leadership team. As tensions escalate between the pro-Myeong (Lee Jae-myung) and pro-Cheong (Jung Cheong-rae) factions, unity will be crucial.The party will conduct its third regular national party members' meeting at the Daejeon Convention Center in the afternoon. During the convention, a new party leader and Supreme Council members will be elected. Following the completion of nationwide preliminary elections on August

With August 17 designated as a substitute holiday, there is growing interest in the criteria for holiday work pay.According to the Labor Standards Act, businesses with five or more regular employees must provide substitute holidays as paid leave. Therefore, employees who work on the substitute holiday of August 17 are entitled to additional pay for holiday work on top of their regular wages.The key factor in calculating this pay is the number of hours worked. For shifts of up to eight hours, emp

The 17th Typhoon Nanka is expected to move toward the waters east of Japan, reducing the likelihood of direct impact on the Korean Peninsula. However, the weather in Korea around the Liberation Day holiday may change depending on the typhoon's path and the position of the North Pacific High, drawing attention to its future trajectory.Previously, the 15th Typhoon Chanhom weakened to a tropical depression after passing through the Japanese archipelago on August 12. Although it did not directly hit

On August 17, a substitute holiday for Liberation Day, rain is expected across most of the country until the morning, with continued rainfall in the southeastern region and Jeju Island lasting into the night.According to Yonhap News on August 16, the southeastern region is forecasted to experience heavy rain of 20 to 50 mm per hour until dawn, while Jeju Island may see 20 to 30 mm per hour from early morning to morning.Areas experiencing rain should be cautious of strong winds, thunder, and ligh

Kim Seong-je, the mayor of Uiwang, expressed on August 15 that he will "never forget the noble sacrifices and dedication of our forebears and will carry on their legacy." On this day, Mayor Kim held a ceremony at the city hall's main conference room to commemorate the 81st anniversary of Independence Day, honoring the sacrifices and dedication of independence activists while reflecting on the significance of liberation with the citizens. The event was attended by over 300 people, including Mayor