Tag: South Korea

President Yoon Announces Historic Oil Discovery in South Korea

After President Yoon announced the "potential for a massive amount of oil and natural gas reserves off Pohang," oil stocks have risen.

Green Light for Growth: South Korea Boosts Electric Vehicle Infrastructure

On May 21, South Korea's Vice Minister of Environment Lim Sang Jun visited the EVSIS (EV System Integration Solution) factory in Cheongju, North Chungcheong...

BMW Kicks off iX2 EDRIVE20 Pre-orders in South Korea

BMW Korea announced on the 2nd that they will begin receiving pre-orders for their premium compact all-electric SAC (Sports Activity Coupe) model, the New...

Korea’s War on Illegal Fishing: A Groundbreaker for Global Seafood Trade

In collaboration with the Korean Coast Guard, the Ministry of Maritime Affairs and Fisheries (Minister Kang Do Hyung) will expand and establish the types...

Tech Collaboration: U.S. and South Korea Kickstart AI Alliance

The Korea-U.S. AI (Artificial Intelligence) Working Group has officially launched. According to the Ministry of Foreign Affairs and the Ministry of Science and ICT, on...

South Korea to Launch First Tiny Cluster Satellite to Monitor the Korean Peninsula

The Ministry of Science and ICT and the Korea Advanced Institute of Science and Technology (KAIST) announced on the 29th that they will transport...

Korea Transportation Safety Authority Enhances Bus Safety With AI Image Technology

The Korea Transportation Safety Authority (TS) announced on the 14th that it will establish a bus operation environment for public safety by utilizing artificial...