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IT-Science
Hyosung eyes new growth engines
Hyosung Group has been built on a dual-pillar of textiles and chemicals but is now looking jump on the green technology bandwagon for future growth. Hyosung spokesman Kim Jun-sik said renewable-energy will become a larger part of the company’s business portfolio. And carbon fiber will be a key focus in…
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IT-Science
LG takes over British fuel cell firm
LG Group has a reputation for being passive and tentative in merger and acquisitions (M&As). It remains to be seen whether the company’s acquisition of a well-known British fuel cell firm is an exception to this or a sign of previously-unseen ambition. LG announced Thursday that it has acquired 51…
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Business
SK Group committed to sustainable growth
Sustainability is a buzzword frequently used by business leaders and CEOs of global companies since the 2008-09 global financial crisis changed the world’s economic landscape. Firms that are sustainable have something in common. They are more innovative and adaptive to change. In addition, they maintain resiliency over time, creating economic…
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IT-Science
Samsung SDS inks health care deal in US
Samsung SDS announced Thursday that it has struck a 10-year contract with CHRISTUS Health, a major hospital network in the United States. Upon the agreement, the Samsung Group affiliate will sell its electronic medical record (EMR) solutions to CHRISTUS Health. CHRISTUS Health is an international Catholic, faith-based, not-for-profit health system…
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Leaks of key technologies
Int’l cooperation needed to uproot industrial spying Alarm bells are ringing again in our corporate security system after the prosecution announced that key technologies to manufacture advanced flat-panel displays were leaked overseas through a local unit of an Israeli company. We regard this latest leak as a grave matter and…
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Politics
President’s brother to be summoned
Lee Sang-deuk faces bribery allegations The prosecution said Thursday it will summon the elder brother of President Lee Myung-bak, a former ruling party lawmaker, next Tuesday to question him on allegations of bribe-taking from two suspended savings banks. The Central Investigation Bureau at the Supreme Prosecutors’ Office said it has…
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South East Asia
Major news in Malaysia on June 28: Govt probes imports of steel wire rods from Taiwan, China, Indonesia, Korea and Turkey
Major news in <The Star > : Govt probes imports of steel wire rods from Taiwan, China, Indonesia, Korea and Turkey KUALA LUMPUR: The Malaysian government is launching a preliminary investigation into the imports of steel wire rods from Taiwan, China, Indonesia, South Korea and Turkey. The Ministry of International…
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Education
University Without Students in Burma
A woman walks to the entrance gate of Yangon University in Yangon, Myanmar Thursday, June 28, 2012. The university was once one of Asia’s finest and a poignant symbol of an education system crippled by Myanmar’s half a century of military rule. Only graduate students are still allowed to study…
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Society
AJA-JTO sign MOU to promote tourism in Jeju Island
The Asia Journalist Association (AJA), represented by Ivan Lim, and the Jeju Tourism Organization (JTO), headed by Yang Yong-kun, signed the memorandum of understanding (MOU) in a ceremony at Jeju Welcome Center Thursday (June 28) to promote tourism in the resort island in connection with its selection as one of the New 7 Wonders of Nature…
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Politics
Turkish PM: We’ll teach aggressors lesson
Turkey has no intention of attacking anyone, but will “teach those who dare to test the limits of its might,” Prime Minister Recep Tayyip Erdoğan said on Wednesday as he introduced Turkey’s first domestically produced training jet to the public in a show of the nation’s increasing defense capacity. Erdoğan…
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