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Tag: South Korea

Posted on March 29, 2025

South Korea struggles to contain wildfires that have killed 27

Helicopters dumped water over a burning forest in South Korea on Thursday as fire crews struggled to contain the country’s worst-ever wildfires, which have killed 27 people, forced at least 37,000 others to flee their homes and destroyed more than 300 structures.
Posted on March 29, 2025

Rescuers Race to Save People and Treasures From South Korea Wildfires

The country’s largest blaze on record has left 27 dead and destroyed heritage sites, including two 1,000-year-old temples.
Posted on March 28, 2025

Intel gets $1.9B after closing sale of memory business to South Korea’s SK hynix

Intel (NASDAQ:INTC) received about $1.9B following the completion of a sale of its NAND memory technology and manufacturing business to the South Korean tech giant SK hynix. In October 2020, Intel …
Posted on March 28, 2025

US tariffs put GM Korea’s export-driven business in peril

General Motors’ (GM) plant in Bupyeong, South Korea, is facing a sharp downturn in operations as concerns over impending U.S. auto tariffs escalate. The plant, a key production hub for GM’s exports to …
Posted on March 28, 2025

South Korea urged to soften US tariffs blow

The South Korean auto industry has called on the national government to introduce measures to offset the effects of the planned import duty hike on automotive products imported into the US. The US …
Posted on March 28, 2025

KCC Philippines hailed 2025 Most Outstanding Korean Cultural Center

The Korean Cultural Center in the Philippines was hailed the “2025 Most Outstanding Korean Cultural Center” by the South Korean Ministry of Culture, Sports and Tourism (MCST).
Posted on March 27, 2025

UOB opens FDI centre for South Korean investors

Singaporean United Overseas Bank (UOB) has launched its 11th Foreign Direct Investment [FDI] Advisory Centre in Seoul, South Korea, to help Korean investors break into the Association of Southeast …
Posted on March 27, 2025

Race to save lives and ancient artefacts in South Korea as wildfires rage

Firefighters in South Korea are racing to save lives and ancient artefacts from the largest wildfire in the country’s history. At least 27 people have been killed so far, according to the country’s …
Posted on March 26, 2025

Acquittal clears hurdle in South Korea opposition leader Lee Jae-myung’s presidential bid

He had risked disqualification from running if found guilty of violating election laws. Read more at straitstimes.com.

( read original story …)



Posted on March 26, 2025

Vena Energy invests $200m in South Korea’s Yokji Offshore Wind Project

With a planned capacity of 384MW, the project is expected to play a pivotal role in diversifying South Korea’s energy mix.

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