The Ministry of SMEs and Startups announced on the 29th that it will recruit participating companies through the website of the comprehensive management system for the small and medium-sized business manpower support project for about a month from the 30th to designate this year’s ‘Human Resource Development SME Project’. The talent development type small and … Read more
Hyundai Motor Company and Kia announced on the 23rd that they have developed the first stepless swing & sliding door technology that can efficiently use the loading space of chassis-cab vehicles. This technology, independently developed by Hyundai Motors and Kia, is designed to open and close the door on the side of the chassis cap … Read more
On the 25th, the won/dollar exchange rate showed a limited decline in the early trading hours. As of 9:32 a.m. in the Seoul foreign exchange market on this day, the won-to-dollar exchange rate is 1330.8 won, down 4.0 won from the previous day. The exchange rate is moving around 1330 won after opening at 1331.5 … Read more
On the 24th, the won/dollar exchange rate is on the rise in the early trading period. As of 9:05 am in the Seoul foreign exchange market on this day, the won-to-dollar exchange rate is 1330.5 won, up 2.3 won from the previous trading day. After opening at 1332.5 won, up 4.3 won, the exchange rate … Read more
The US Inflation Reduction Act (IRA) and the Semiconductor Support Act have led to a rapid increase in factory construction in the US, such as promoting reshoring, but difficulties in securing a factory site are being pointed out as a limitation. On the 13th (local time), Reuters reported that companies rushed to build factories in … Read more
Announcement of the results of the ‘2022 Public Institution Customer Satisfaction Survey’ hosted by the Ministry of Strategy and Finance On the 12th, the Korea Real Estate Agency announced that it was selected for the second consecutive year as the highest-rated ‘excellent’ institution in the ‘2022 Public Institution Customer Satisfaction Survey’ hosted by the Ministry … Read more
Lotte announced on the 13th that it would provide emergency support of 1 billion won to help local communities affected by forest fires in Gangneung, Gangwon-do. The donation will be donated to the Community Chest of Korea and will be fully used for recovery activities in the affected area and support for local residents. Along … Read more
Facility investment also increased by more than 50% compared to last year LG Energy Solutions has set a goal of increasing annual sales by 25-30% this year compared to last year. LG Energy Solutions presented these sales targets in a conference call to announce the results on the 27th. LG Energy Solutions announced on the … Read more
Hyundai Motor Group announced on the 19th that it had a special exhibition of the concept car “Genesis X,” which symbolizes the group’s automotive vision, at the World Economic Forum (WEF) held in Davos, Switzerland. On the 18th (local time), Hyundai Motor Group installed a transparent glass container with the 2030 Busan World Expo (Expo) … Read more
On the 27th, the Ministry of Commerce, Industry and Energy announced that it will provide low-interest loans worth 150 billion won next year to small and medium-sized auto parts companies that will invest in future car conversions. The Ministry of Commerce, Industry and Energy plans to provide up to 10 billion won in loans for … Read more