State spending on strategic industries to surge 43% next year Hyundai Motor Group Chairman Chung Euisun (left) and Prime Minister of Czech Republic Petr Fiala pose for a photo after holding talks on Busan’s bid to host the 2030 World Expo and on the electrification of the carmaker's manufacturing plant in the Czech Republic on

State spending on strategic industries to surge 43% next year SEOUL, Oct. 24 (Yonhap) -- South Korea and a group of Arab countries launched a new round of negotiations for their free trade deal in Seoul on Monday, the trade ministry here said. The sixth round of official talks for a bilateral free trade agreement

State spending on strategic industries to surge 43% next year SEOUL, Oct. 20 (Yonhap) -- South Korea and Oman agreed Thursday to boost cooperation on energy and in new industry fields to ensure stable energy supply chains, the trade ministry here said. The consensus was reached during a meeting between Trade Minister Ahn Duk-geun and

State spending on strategic industries to surge 43% next year This photo offered by GM Korea shows Shilpan Amin, GM's senior vice president and head of GM's overseas division. (GM Korea)   CHANGWON -- General Motors Co. said Wednesday it is targeting to transform its South Korean operations into a "profitable and sustainable business" next

State spending on strategic industries to surge 43% next year SEOUL, Oct. 14 (Yonhap) -- POSCO Group, South Korea's top steelmaking group, on Friday broke ground for a plant that refines high-purity nickel to be used for electric vehicle batteries in a move to further solidify its secondary battery material business. The facility with an

State spending on strategic industries to surge 43% next year SEOUL, Oct. 13 (Yonhap) -- Top trade officials of South Korea and Australia discussed ways Thursday to enhance bilateral trade and investment, particularly in supply chains of key minerals, Seoul's industry ministry said. During the meeting in Seoul, Trade Minister Ahn Duk-geun told his Australian

State spending on strategic industries to surge 43% next year LS Group Chairman Koo Ja-eun (center) and LS Electric Chairman Koo Ja-kyun (fifth from left) pose for a photo with Gulf Cooperation Council members. (From right) The list includes, from right, Ambassador of Kuwait to Korea Deyab Farhan Al Rashidi, Ambassador of the Sultanate of

State spending on strategic industries to surge 43% next year SEOUL, Oct. 6 (Yonhap) -- The privatization of HMM Co. will depend on the stock market and situations in the shipping sector, the country's oceans minister said Thursday. South Korea's top shipper, formerly known as Hyundai Merchant Marine, has been under a creditor-led debt restructuring

State spending on strategic industries to surge 43% next year An employee works inside a semiconductor chip plant of SK hynix in this undated photo. (SK hynix) South Korean memory chip manufacturer SK hynix on Wednesday pledged to achieve a 100 percent procurement of domestically produced neon gas, a critical material for chip production, by

State spending on strategic industries to surge 43% next year   SEOUL, Oct. 1 (Yonhap) -- The finance chiefs from South Korea and the United States have reaffirmed that the two countries will cooperate to beef up liquidity facilities should financial market routs around the globe deepen, according to Seoul's finance ministry on Saturday. Seoul's