SOUTH KOREA
Hydrogen cars, once touted as the future of green transportation, faced dwindling sales in South Korea, dropping to single digits earlier this year. However, the introduction of substantial government subsidies has breathed new life into the market. In February 2024, domestic sales of hydrogen cars rebounded to 331 units, a figure close to the monthly … 더 읽기
At the heart of this conflict are the contrasting visions for the company’s future direction. On one side, we have the founder’s widow, Song Young-sook, and her daughter, Lim Joo-hyun, advocating for integration with OCI Group. This move is seen as a strategic effort to secure funding for inheritance taxes while ensuring the company’s management … 더 읽기
The Korea Electric Power Corporation (KEPCO) has taken significant steps to address its financial challenges, marked by a staggering debt of 202 trillion won. Amidst these difficulties, KEPCO has implemented a strategic reduction in executive compensation for the third consecutive year, a move that underscores the company’s commitment to financial prudence and corporate responsibility. In … 더 읽기
