Articles by Shin Ji-hye
Shin Ji-hye
shinjh@heraldcorp.com-
Korea to promote Gangneung as host for 2025 ITS World Congress
South Korea’s Ministry of Land, Infrastructure and Transport held an international webinar Thursday to actively promote Gangwon Province’s Gangneung as a candidate city for the 2025 ITS World Congress. The ITS World Congress, dubbed the “Transportation Olympics,” is the world’s largest exhibition and academic conference in the field of intelligent transport systems that began in Paris, France in 1994 and is held annually in Asia, the Americas and Europe. Intel
Industry Oct. 29, 2020
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Posco chief proposes joint response to changes in post-COVID-19 era
Posco CEO Choi Jeong-woo has suggested the global steel industry jointly respond to structural changes accelerated by coronavirus and find sustainable growth measures at a recent steel conference, the firm said Wednesday. On Tuesday, Choi gave a keynote speech on the theme of Post-COVID-19 megatrends at the Steel Success Strategies conference hosted online by World Steel Dynamics. WSD is a US-based steel research firm that conducts and announces competitiveness evaluations for major global s
Industry Oct. 28, 2020
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Posco International selected as top ESG firm for 2nd year
Posco International was selected as the grand prize winner in the ESG segment at the 2020 Outstanding Companies Awards hosted by the Korea Corporate Governance Service, the firm said Tuesday. The firm said its efforts and achievements in promoting sustainable management had been recognized by winning the prize for two consecutive years. The KCGS is an organization that conducts evaluation, research and surveys on corporate governance, social responsibility and environmental management. I
Industry Oct. 27, 2020
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[KH Biz Forum] Faster changes, greater chances in post-COVID-19 era
South Korean business representatives, policymakers and government officials gathered at the annual The Korea Herald Biz Forum in its third iteration Tuesday to share insights on changing consumer patterns, business regulations and new economic growth engines in the post-COVID-19 world. Under the theme “Contact less, connect more,” this year’s forum was held at The Shilla in Seoul and was livestreamed due to the COVID-19 pandemic. Among the speakers were Kim Jae-shin, vice c
Industry Oct. 27, 2020
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Contact less, connect more: Korea Herald to host Biz Forum
As the COVID-19 pandemic has profoundly affected a restructuring of the economy, there is an increasing demand for in-depth discussions on changing consumer patterns, working environments, business regulations and new economic growth engines. Against this backdrop, The Korea Herald has called on experts in fields who have successfully demonstrated leadership in evolving business strategies and non face-to-face services and seeking new opportunities in the post-COVID-19 world. “The Kore
Industry Oct. 26, 2020
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Private funeral planned for Lee Kun-hee
Although long anticipated throughout his years spent in hospital, the passing of Samsung Group Chairman Lee Kun-hee shook the nation Sunday morning. With Samsung Group formally confirming the late Lee’s passing, reporters flocked to the funeral hall of Samsung Medical Center in Ilwon-dong, Seoul, despite the conglomerate’s message that they would “courteously refuse any visits or presents of condolence.” Samsung said that the wake will be held for four days, and displa
Industry Oct. 25, 2020
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Architect of Samsung’s tech revolution, Chairman Lee Kun-hee dies at 78
Samsung Group Chairman Lee Kun-hee, 78, had turned Samsung into a global technology powerhouse and laid the foundation for the rapid growth of the South Korean economy. He died Sunday. With his death, Samsung formally enters a new era under the leadership of his son, Lee Jae-yong, who has come to the fore to succeed him at the helm of the conglomerate since 2013. Lee Kun-hee had been bed-ridden since a heart attack in May 2014, with his son acting as the de facto chief of the tech titan. Th
Industry Oct. 25, 2020
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Posco International stands at fore on Korea’s food security amid pandemic
Posco International said Thursday it imported 68,000 metric tons of feed wheat from Ukraine, for the first time in South Korea, a move to secure a stable grain supply system for the nation. Of the total, 41,000 tons were imported through the Ukrainian grain terminal invested in by the trading company. The imports were made in partnership with Nonghyup Feed, the largest feed grain importer in Korea. Posco International said this shipment was the first import of feed grain from a overseas grai
Industry Oct. 22, 2020
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Shin Dong-bin’s son joins Lotte Japan
Shin Yu-yeol, the only son of Lotte Group Chairman Shin Dong-bin, joined Lotte Japan earlier this year, the group confirmed on Wednesday. His educational and career path resembles his father’s corporate journey. Shin went to Keio University, got a management degree from Columbia University and previously worked at Nomura Singapore. His father also began his career at Nomura London when he was 25 and moved to Lotte International in Japan when he was 32. He graduated from Aoyama Gakuin
Industry Oct. 21, 2020
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GM introduces first super truck Hummer EV
GM introduced Wednesday the brand‘s first super truck, Hummer EV, developed to forge new paths with zero emissions. It will be the first fully electric addition to GMC’s lineup, GM said, adding that it would be driven by next-generation propulsion technology that enables advanced off-road capability, on-road performance and an immersive driving experience. GMC is a division of GM that primarily focuses on trucks and utility vehicles. “This innovative truck comes to the mar
Mobility Oct. 21, 2020
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Posco International, Seoul Techno Holdings to foster global startups
Posco International said Wednesday it would partner with Seoul Techno Holdings to foster startups with global potential. The trading firm signed a business agreement with the tech firm of Seoul National University in Seoul to help local startups advance into the global market. The event was attended by Posco International CEO Joo Si-bo and Seoul Techno Holdings President Mok Seung-hwan. With this agreement, the two will build a win-win model to promote overseas expansion of startups with ex
Industry Oct. 21, 2020
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KITA’s Startup Branch becomes mecca of innovative growth
The Korea International Trade Association’s open innovation venue Startup Branch is becoming a mecca for innovative growth among local and global firms. According to KITA, it has been 500 days since the venue opened. Startup Branch was set up at Coex in Samseong-dong, southern Seoul, in June last year to create a domestic startup ecosystem and encourage global scale-ups. Since that time, leading local and foreign companies and startups have visited the venue and held about 400 large-sca
Industry Oct. 20, 2020
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[Behind the Wheel] Will Chevrolet Colorado attract Korean adventure enthusiasts?
Pickup trucks, which often top the list of bestselling cars in the US, were not always so popular in the South Korean market. However, with the recent increase in the number of people enjoying outdoor activities such as camping, fishing and surfing, pickup trucks are being reevaluated by adventure seekers. The local pickup truck market, which used to be dominated by local brand SsangYong Motor, is now expanding with the entry of imported brands such as the Chevrolet Colorado and the Jeep Gl
Mobility Oct. 15, 2020
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Chung Euisun officially takes helm of Hyundai Motor Group
Chung Euisun became the official chairman of Hyundai Motor Group on Wednesday, seizing full control at a critical juncture when the manufacturing mammoth is positioning itself as a mobility solutions leader. The group said Hyundai Motor, Kia Motors and Hyundai Mobis had held an extraordinary board meeting in the morning and unanimously approved Chung’s appointment as chairman. His father -- outgoing Chairman Chung Mong-koo, under whose leadership Hyundai Motor Group has grown into the w
Mobility Oct. 14, 2020
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Hyundai heir Chung Euisun set to become group chairman
Hyundai Motor Group Executive Vice Chairman Chung Euisun is set to take the helm of the nation’s largest automaker through the group’s emergency board meeting on Wednesday morning, according to industry sources on Tuesday. This promotion is interpreted as reflecting growing concerns that a chairman should lead the group and has responsible management as the automobile industry has been suffering from the recent coronavirus. His father Chung Mong-koo, 82, who was hospitalized in J
Mobility Oct. 13, 2020
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