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By Park Jae-hyuk Korea Chamber of Commerce and Industry (KCCI) Chairman Chey Tae-won, who also heads SK Group, appeared in a television documentary Saturday to propose a �쐌ega sandbox�� concept to revitalize non-capital areas suffering from population decline. During a roundtable with young startup CEOs featured in the program, Chey suggested designating specific regions as zones with significant

By Lee Gyu-lee The global race to develop humanoid robots is heating up like never before, especially with the rapid advancements in artificial intelligence advancing the technology. Amid the fierce competition, the Ministry of Trade, Industry and Energy launched the K-Humanoid Alliance, Thursday, bringing together leading robotics experts, scholars and companies. The alliance is expected to att

By Lee Gyu-lee The Incheon Free Economic Zone (IFEZ) has collected $309.61 million in foreign direct investment (FDI) for the first quarter, surpassing half of its annual target of $600 million. This marks the second-highest performance in the first quarter since the special economic district was established in 2003. Already accumulating 51.6 percent of the annual target in the first quarter, th

By Kim Hyun-bin Philippine officials made a fresh pitch to Korean companies to invest in sectors ranging from defense to clean energy, highlighting new incentive packages and strategic opportunities during a business-to-business meeting (B2B) held at the Korea Chamber of Commerce in Seoul on Monday. The event, held on the sidelines of the Philippine Business Forum, was aimed at boosting bilater

Special assistant to Philippine president leads CREATE MORE roadshowBy Kim Hyun-binA top Philippine official on economic affairs encouraged Korean investors to seize growing opportunities in the Philippines, citing a sweeping tax reform law and a new wave of infrastructure and industrial initiatives that he said will drive long-term growth. “Our message is clear: The Philippines is primed for inve

'End to turmoil urgently needed to recover global competitiveness’By Ko Dong-hwanThe country's business lobby groups have called on the nation to focus on economic recovery, with the Constitutional Court's decision on Friday to impeach former President Yoon Suk Yeol alleviating much of the political uncertainty. The groups expressed respect for the ruling and emphasized that the country should swi