by Teuvo Tuomi | Sep 3, 2024 | Korea, Food & Drinks, Lifestyle, Research
South Korea’s famous kimchi is in danger, with scientists, farmers and manufacturers saying the quality and quantity of the napa cabbage is suffering due to rising temperatures. Napa cabbage thrives in cool climates, and is usually planted in mountainous regions...
by Teuvo Tuomi | Aug 17, 2024 | Entertainment, Economy, Korea, News
K-pop is struggling with a loss of growth, with Hybe taking the hardest hit. Hybe, home to K-pop superstars BTS, saw its shares plunge 4.56% last Wednesday, closing at 120 USD, the lowest since December 2022. This marked the fourth consecutive day of declines, with...
by Teuvo Tuomi | Aug 7, 2024 | Thailand, Digitalization, Investment, Korea, Technology
South Korean car giant Hyundai Motor will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, according to the country’s Board of Investment (BOI). Thailand’s booming EV sector is...
by Teuvo Tuomi | Jul 5, 2024 | Korea, Energy, Environment, EU, Infrastructure, Innovation, News
During the first half of 2024, the EU Climate Dialogues (EUCDs) project organized a set of three dialogue sessions in Seoul, South Korea. The sessions gained solid interest from policy representatives of both Korea and the EU, as well as the corporate side. The three...
by Teuvo Tuomi | Jul 3, 2024 | Digitalization, Economy, Indonesia, Innovation, Investment, Korea, Manufacturing, News, Technology, Transportation
Indonesian President Joko Widodo (Jokowi) says that Indonesia is becoming a global player in the electric vehicle (EV) ecosystem after the inauguration of the South Korean battery and electric vehicle ecosystem in Indonesia at PT Hyundai LG Indonesia (HLI) Green Power...
by Teuvo Tuomi | Jun 1, 2024 | Korea, Investment, News, Space, Technology, Visions
South Korea will send the first lunar rover by 2032 and plant the first Korean flag on Mars by 2045, according to President Yoon Suk Yeol. Yoon says these goals would be part of the so-called “Space Gwanggaeto Project,” named after King Gwanggaeto the Great who ruled...