Author: Seoul Reporter

[ad_1] Main fried hen model Genesis BBQ has signed a deal to open its first restaurant in South Africa, marking the beginning of its growth throughout the African continent.The takeout and restaurant franchise stated Wednesday that it signed a grasp franchise settlement with Good Tree South Africa, a distributor of Korean meals merchandise within the nation.Genesis BBQ Chairman Yoon Hong-geun and Good Tree South Africa CEO Lee Dong-il attended the signing ceremony on the Korean firm’s headquarters in Seoul’s Songpa District on Nov. 5.Beneath the settlement, Good Tree South Africa will function Genesis BBQ’s eating places within the nation and…

[ad_1] The federal government plans to announce a complete technique aimed toward increasing Korea’s exports of shopper items inside this 12 months amid rising world demand for Korean meals, magnificence and style merchandise, the commerce ministry stated Wednesday.Commerce Minister Yeo Han-koo unveiled the plan throughout his assembly with main Korean firms manufacturing and distributing shopper items, together with on-line style platform Musinsa, e-commerce large Coupang, and a number one well being and wonder retailer CJ Olive Younger.The assembly was held to debate measures to spice up the nation’s exports of shopper items consistent with the rising reputation of Korean tradition,…

[ad_1] The race to amass IGIS Asset Administration Co., South Korea’s largest actual property asset supervisor, has narrowed to Hanwha Life Insurance coverage Co. and Heungkuk Life Insurance coverage Co., marking a two-way showdown between home insurers that would reshape the nation’s property funding business. [ad_2]

[ad_1] ANSAN — A courtroom sentenced a Korean Chinese language man to life imprisonment Wednesday for killing two brothers and trying to kill two others.Cha Cheol-nam, a 56-year-old Chinese language nationwide of Korean ethnicity, was convicted of killing the 2 brothers, each of their 50s and of the identical Korean Chinese language background, in Siheung, simply southwest of Seoul, on Could 17.One was murdered at Cha’s dwelling, whereas the opposite was killed on the brothers’ dwelling.The Suwon District Court docket’s Ansan department additionally discovered Cha responsible of trying to kill a comfort retailer proprietor in her 60s and his 70-something…

[ad_1] The principle workplace constructing of the Korea Enterprises Federation in Mapo-gu, Seoul (Picture courtesy of the Korea Enterprises Federation) The Korea Enterprises Federation (KEF) has publicly criticized the federal government’s proposed extension of the authorized retirement age to 65, stating that “solely common employees at giant firms with unions will profit.” The federation proposed post-retirement re-employment and wage system reforms as alternate options to retirement age extension. On Nov. 11, the Korea Employers Federation launched its “Enterprise Neighborhood’s Place on Authorized Retirement Age Extension,” stating that “the 65-year authorized retirement age extension presently proposed…

[ad_1] WASHINGTON — Former U.S. President Barack Obama has expressed his appreciation to a bunch of Korean Struggle and Vietnam Struggle veterans aboard an “honor flight” forward of Veterans Day, stressing that their sacrifices might be honored “at this time and every single day.”Obama made a shock look in entrance of the veterans on the flight from Madison, Wisconsin, to Washington, based on a video clip that he posted on X on Tuesday. The journey was organized by the Honor Flight Community, a nonprofit group that provides such flights to veterans and their households to honor them.”To all those that…

[ad_1] The annual Faculty Scholastic Means Check (CSAT), seen as one of many nation’s most vital educational occasions, will likely be held nationwide this week, with the variety of candidates rising to a seven-year excessive of over 550,000.The schooling ministry mentioned that this 12 months’s CSAT will likely be held at 1,310 check facilities throughout the nation from 8:40 a.m. to five:45 p.m. Thursday.A complete of 554,174 individuals utilized for this 12 months’s CSAT, marking an on-year improve of 31,504, or 6 %, and the very best whole variety of candidates in seven years, the ministry famous. Highschool seniors and…

[ad_1] ASML Holding NV, the Dutch tech large and sole producer of utmost ultraviolet (EUV) lithography machines on this planet, is predicted to debate methods to strengthen chip expertise collaboration with Samsung Electronics Co. and SK Hynix Inc., the world’s two largest reminiscence chipmakers, throughout CEO Christophe Fouquet’s first go to to Seoul this week. [ad_2]

[ad_1] The brand new system changing carbon dioxide to formic acid (higher proper) and the construction of the developed catalyst (backside). (Analysis determine courtesy of UNIST) UNIST researchers have developed an ultra-low voltage system that converts carbon dioxide into formic acid, a high-value-added chemical. This know-how reduces energy consumption to one-quarter in comparison with present strategies whereas rising manufacturing by almost 3 times, incomes reward for concurrently attaining carbon neutrality and vitality effectivity. The analysis workforce from the Ulsan Nationwide Institute of Science and Expertise (UNIST), together with Prof. Cho Seung-ho from the Division of…

[ad_1] Korea added greater than 190,000 jobs in October, persevering with an upward development in employment this 12 months, however employment losses continued within the manufacturing and development sectors, in addition to among the many youthful inhabitants, authorities knowledge confirmed Wednesday.The variety of employed individuals stood at 29.04 million final month, up 193,000 from a 12 months earlier, in keeping with the info compiled by the Ministry of Knowledge and Statistics.The rise underscores a continued upward development in employment following a quick decline final December, when the nation recorded a internet lack of 52,000 jobs.The labor market has proven regular…