KB News Desk, Author at korbiznews.com

Hanwha, SK develop world’s 1st non-flammable ESS for ships

Hanwha Aerospace and SK Enmove announced Tuesday that they have developed the world’s first non-flammable energy storage system, or ESS, seeking to secure the lead in the eco-friendly maritime solution…

Minister pushes for inheritance tax overhaul

Ministry to propose tax bill in H1 2025 South Korea is set to overhaul its inheritance tax system next year, with the Finance Ministry preparing a bill to tax the…

S. Korea finishes Paris Paralympics with 6 gold medals

The Paris Paralympics have drawn to a conclusion, with South Korea having surpassed its gold medal target. South Korea finished the 12-day competition that ended Sunday in 22nd place with…

[2024 IFA] Samsung’s AI push has long way to go: CEO

Han Jong-hee picks security as top priority for wider spread of AI-powered home appliances BERLIN — Samsung Electronics Vice Chairman and co-CEO Han Jong-hee said Saturday that the tech giant’s…

FSC chief calls on mutual savings banks to swiftly address risks on PF loans

The chief of the financial regulator urged mutual savings banks Monday to recommit themselves to their basic duty of serving their communities, also calling on them to quickly address risks…

Jennie partners with Columbia Records for solo comeback in October

Blackpink member Jennie is set for a solo comeback. Jennie’s agency, OA Entertainment, announced Monday that the star had signed on with Columbia Records, a major American record label under…

Yoon approves appointment of new defense minister

President Yoon Suk Yeol approved the appointment of Kim Yong-hyun, former head of the Presidential Security Service, as defense minister and presented a certificate of appointment on Friday, his office…

[Around the Hotels] Promotions and packages

DoubleTree by Hilton Seoul Pangyo, located in Seongnam, Gyeonggi Province, is collaborating with hit animation “Catch! Teenieping.” The “Teenieping Adventure” package offers a one-night stay with breakfast at the hotel…

S. Korea logs current account surplus for 3rd month in July

South Korea racked up a current account surplus for the third consecutive month in July, driven by robust exports, central bank data showed Friday. The country’s current account surplus reached…

[Today’s K-pop] NCT Taeyong’s solo concert film to premiere

NCT Taeyong’s first solo concert will be made into a movie and will come to cinemas Sept. 25, according to distributor CJ4D Plex on Thursday. “Taeyong: TY Track in Cinema”…