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The electric bus is a joint project between Korea and Thailand, led mainly by Korean automaker Edison Motors, which currently provides public transport services with eco-friendly buses at Namsan in Seoul and on Jeju Island. The project involves 11 organizations from both sides, including Korea’ Aug 20, 2019 Automode GM Korea union enters partial strike for higher wages Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., on Tuesday entered a two-day partial strike, demanding higher wages. GM Korea workers held a four-hour strike on Tuesday and plan to stage another four-hour walkout on Wednesday, GM union spokesman Dang Sung-geun said over the phone. "Union leaders will hold a meeting on Thursday to decide on whether to enter another round of strikes," he said. GM Korea and its union have held seven rounds of talks since Ju Aug 20, 2019 Industry Amorepacific spins off tea brand Osulloc South Korean cosmetics giant Amorepacific Corp. said Tuesday that its premium green tea brand Osulloc will be launched as an independent entity this year to boost its value.Osulloc will begin independent business activity starting on Oct. 1, the company said in a regulatory filing. The move is part of efforts to reinforce Osulloc's brand image as a premium organic green tea brand, the company said. "Osulloc will solidify its brand as a leading premium tea brand through efficient and re Today Technology Antitrust watchdog approves plan to establish ‘Netflix of Asia’ Fair Trade Commission approves merger of Pooq and Oksusu services to launch integrated streaming platform Today Industry Are ‘water drop’ breast implants a ticking time bomb in the chest? Once the most popular breast augmentation product in Korea, rough-surface implants are now a source of concern Today Automode SsangYong Motor launches gasoline-powered Korando Amid waning market demand for diesel-powered sport utility vehicles, SsangYong Motor unveiled the gasoline model of the Korando on Tuesday, to boost sales of its SUV brand. The carmaker has improved safety of the 1.5-liter turbo gasoline model by installing seven air bags and other safety features, including lane keeping assist, driver awareness assist and autonomous emergency braking systems. The launch came six months after the company unveiled the 2.0-liter diesel Korando here in February. Th Today Technology Samsung heir meets software trainees in Gwangju Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday headed to Gwangju to check on the tech giant’s software educational program that supports youth employment. “It is essential to raise software talent in expanding the fundamental base for the IT industry,” Lee said. “Despite the current difficulties, we need to plant seeds for the future.” Last year, Samsung established four software academy centers across the country, including in Gwangju, with the Aug 20, 2019 Automode S. Korea to ban Audi, Volkswagen, Porsche cars in emissions scandal South Korea will ban domestic sales of eight models of Audi, Volkswagen and Porsche diesel cars for violating emissions regulations, the Ministry of Environment said Tuesday.The ministry said it will also slap fines on Audi Volkswagen Korea and Porsche Korea and seek a prosecution investigation.The ministry's probe has found that the German automakers manipulated pollution control devices used in those vehicles. A total of 1,261 cars in the eight models were sold in South Korea from May 2015 to Today Industry Hyosung to invest W1tr in carbon fiber, aims to become global top 3 President Moon urges to strengthen Korea’s competitiveness in material businesses, touts Hyosung’s investment Today Finance Mirae Asset Daewoo posts robust H1 overseas earnings Marking one year since Mirae Asset Group Chairman Park Hyeon-joo became global investment strategy officer of the firm’s brokerage unit Mirae Asset Daewoo, the brokerage’s overseas businesses reported robust earnings for the first half of the year. According to an earnings report recently released by the brokerage, the combined net profit of Mirae Asset Daewoo’s overseas branches reached 82.7 billion ($80 million) in the January-to-June period, up nearly 70 percent compared to Today Finance Loans extended by Japanese lenders in Korea drop, conglomerates remain large borrowers The combined volume of loans extended by Japanese lenders operating here fell 5.4 percent on-month as of late June, data showed Tuesday. Meanwhile, loans taken out by local conglomerates accounted for more than half of the total volume, a report by the Financial Supervisory Service showed.According to the report submitted to a main opposition lawmaker, the volume of loans stood at 23.4 trillion won ($20 billion) as of late June, down 5.4 percent from 24.7 trillion won the previous month. A Today Technology LG Electronics to set Signature booth in collaboration with Italian architect LG Electronics will set a separate booth for its premium home appliance lineup LG Signature in collaboration with Italian architect Massimiliano Fuksas during the 2019 IFA show next month, the company said Tuesday. Under the company’s slogan for the premium brand, “Art inspires technology. Technology completes art,” Fuksas will design the exhibition booth for Signature products on the theme of “Infinity” -- a nod to the “infinite possibilities of the Signature Today Technology Galaxy Note 10 preorders surpass 1.3 million units Preorders for Samsung Electronics’ Galaxy Note 10 series have surpassed 1.3 million units in Korea, the company confirmed Tuesday. Samsung received preorders for the latest flagship models for 11 days from Aug. 9 through Monday. The total order volume is estimated to be over 1.3 million units, double that of the predecessor Note 9, according to the tech titan. The most popular model during the preorder period was the 256-gigabyte Galaxy Note 10+ model in aura glow, the company said.& Today Industry Korean Air expands SE Asian, Chinese routes to make up for reduced Japan flights Korean Air is expanding its Southeast Asian, Chinese and Oceania routes, in response to falling demand for air travel to Japan amid the ongoing trade row between South Korea and Japan.According to Korean Air, it is reorganizing and expanding some of its international routes to make up for lower demand for flights to Japanese cities. The full-service air carrier will add seven weekly Incheon-Clark flights from Oct. 27. It will also expand the current 14 weekly flights on the Incheon-Da Today Industry Coca-Cola Korea launches new carbonated water Riding on the growing popularity of carbonated drinks, Coca-Cola Korea’s sparkling water brand Seagram’s has released new zero-calorie flavored sparkling water, Seagram’s The Tansan, the company said Tuesday.The company said Seagram’s The Tansan will have two flavors -- lemon and apple mint -- designed as palate refreshers. Tansan in Korean means carbonic acid, which gives carbonated drinks their signature bubbles and refreshing “bite.” “The crisp flavor MORE 15 / 66090
