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Hyundai Glovis, Hyundai Motor Group's logistics affiliate, said Wednesday that it has signed a memorandum of understanding with the Korea Ocean Business Corporation under the Ministry of Oceans and Fisheries to secure four pure car and truck carriers, or PCTCs, to bolster Korea's vehicle exports. The Korea Ocean Business Corporation will place the orders for the ships, which have the global top-class capabi...
HMM’s two largest shareholders appear to have differing views on the selection of Harim Group as the preferred bidder to acquire the nation’s largest container shipping company, amid growing skepticism about the poultry processor’s plan to raise 6.4 trillion won ($5 billion) for the takeover, according to industry officials, Sunday.
Rival parties set to clash over Yoon’s new Cabinet picks Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
President Yoon Suk Yeol’s ongoing Cabinet reshuffle has been criticized as a series of 'revolving door' appointments as familiar faces, mostly his close aides, are anticipated to take turns holding ministerial and other key government posts ahead of the upcoming general elections slated for April.
The rival parties are expected to lock horns this week over the scheduled confirmation hearings for President Yoon Suk Yeol’s latest Cabinet nominations, scheduled to kick-off Monday. The main opposition Democratic Party of Korea lawmakers have hinted they plan to scrutinize intensively the six ministerial-level nominees handpicked by Yoon earlier this month. “In particular, the nominees for ministers han...
AsiaToday reporter Hong Sun-miPresident Yoon Suk-yeol carried out a major Cabinet reshuffle Monday, replacing six ministers including the finance and..
S. Korean president replaces 6 ministers globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
President Yoon Suk Yeol replaced six ministers on Monday in an apparent move to set free current Cabinet members seeking to run in the April general elections and also to seek fresh momentum in his leadership. It was the biggest reshuffle of the Cabinet since Yoon was inaugurated in May 2022. Yoon named Choi Sang-mok, former senior presidential secretary for economic affairs, to succeed Choo Kyung-ho as the new deput...