State spending on strategic industries to surge 43% next year By Kim Seung-yeon SEOUL, Sept. 26 (Yonhap) -- Hanwha Group's push to take over Daewoo Shipbuilding & Marine Engineering Co. (DSME) heralds a major boost for its key defense and green energy sectors amid widening efforts to streamline the business structure while expediting the leadership

State spending on strategic industries to surge 43% next year SEOUL, Sept. 21 (Yonhap) -- South Korea seeks to boost cooperation with European nations on nuclear power generation facilities in a move to ensure energy security and better respond to climate change, the industry ministry here said Wednesday. How to deepen energy ties was one

State spending on strategic industries to surge 43% next year SEOUL, Sept. 20 (Yonhap) -- South Korean Industry Minister Lee Chang-yang departed for Washington on Tuesday for talks with U.S. officials on ways to minimize impacts on South Korea by new U.S. bills on tax incentives for electric vehicles and investment in semiconductors, his office

State spending on strategic industries to surge 43% next year (Left) Kim Kyung-wook, President and CEO of IIAC, and Luis Felipe de Oliveira, Director General of ACI, pose for photo after ACI CX Summit 2022 (Joint Press Corp.) Korea Herald correspondent KRAKOW, Poland-- Incheon Airport has become the world’s first airport to be granted level

State spending on strategic industries to surge 43% next year By Woo Jae-yeon SEOUL, Sept. 15 (Yonhap) -- Samsung Electronics Co. said Thursday it will try to achieve carbon neutrality by 2050 as part of its efforts to tackle the worsening climate crisis and increase the use of renewable energy. Samsung, one of the world's

State spending on strategic industries to surge 43% next year SEOUL, Sept. 13 (Yonhap) -- South Korea and the United States will hold working-level talks this week on ways to minimize impacts the U.S.' Inflation Reduction Act (IRA) would have on South Korean electric vehicles over its discriminatory tax incentives rules, the trade chief said

State spending on strategic industries to surge 43% next year SEOUL, Sept. 8 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has agreed with major foreign and domestic maritime registers to cooperate in developing technologies for carbon-neutral vessels at the ongoing global gas fair in Italy. Under a

State spending on strategic industries to surge 43% next year SEOUL, Sept. 7 (Yonhap) -- Hanwha Energy Corp., a South Korean power generation solutions provider, said Wednesday it is building an electricity grid stability plant in Ireland in a move that will give a further boost to its renewable energy and power systems portfolio. The

State spending on strategic industries to surge 43% next year SEOUL, Sept. 5 (Yonhap) -- South Korea's Trade Minister Ahn Duk-geun will depart for the United States on Monday for talks on the U.S. Inflation Reduction Act (IRA) that excludes electric vehicles assembled outside North America from tax incentives. The IRA, signed by U.S. President

State spending on strategic industries to surge 43% next year Head of Posco Holdings’ hydrogen business projects Cho Joo-ik (third from left) and Head of New Energy at Greenko Gautam Reddy Kumbam (fourth from left) pose for a photo after signing an agreement on Thursday. (Posco Holdings) Posco Holdings said Thursday that it has clinched