Lusa - Business News - Portugal: South Korea companies invest in renewables, chips - interview

STATUTES

GENERAL ASSEMBLY

SECRETARY GENERAL

CONTACTS

MedNEWS

HOME

	NNA - مهرجان 'أوسكار المبدعين العرب' اختتم موسمه الثاني وطنية - اختتم مهرجان 'أوسكار المبدعين العرب' موسمه الثاني، باحتفال أقيم في القاهرة وزعت خلاله الجوائز على الفائزين بالمراتب الثلاثة الأولى، في الفروع السبعة للمسابقة الأدبية الكبرى التي ينظمها المهرجان على مستوى العالم العربي. وحضر سفير الفنون لدى الأمم المتحدة في السودان عبيده البقاري، ممثل نقيب...
	CNA - الرئيس خريستوذوليديس يناقش مع المدير التنفيذي لشركة إيني سيناريوهات استغلال حقول الغاز الطبيعي ناقش رئيس الجمهورية نيكوس خريستوذوليديس والرئيس التنفيذي لشركة إيني كلاوديو ديسكالزي اليوم الثلاثاء بحضور وزيري الطاقة والخارجية في القصر الرئاسي، اكتشافات شركة إيني في المنطقة الاقتصادية الخالصة لقبرص وسيناريوهات استغلال عمليات الحفر المؤكدة، بالإضافة إلى الحلول المفضلة لتلبية أاحتياجات الطاقة المحلية بكفاءة. ...
	Lusa - Business News - Portugal: Public sector budget deficit of €259M in Q1, first since December 2022 Lisbon,April.30,2024(Lusa)-Portugal had a public sector budget deficit of €259million in the first quarter,contrasting with a surplus of €1.177 billion at the beginning of the period,...
	Lusa - Business News - Angola: Unions hail 'significant' turnout in second general strike for more pay Luanda, April.30,2024 (Lusa) - The second of a planned series of general strikes in Angola, which ended on Tuesday, brought a "significant" turnout by workers,...
	Lusa - Business News - Portugal: Lisbon stock market ends day down with benchmark index off almost 1% Lisbon, April.30,2024(Lusa) - The Lisbon stock market ended the day down on Tuesday, with the benchmark PSI (Portugal Stock Index) losing 0.97% to 6,615.56 points,...
	Lusa - Business News - Portugal: Galp to keep 'significant position' in Namibia oil project - CEO Lisbon, April.30,2024(Lusa) - Galp's chief executive guaranteed on Tuesday that the oil company will maintain ‘a significant position’ in the oil exploration project in Namibia,...
	Lusa - Business News - Portugal: Albufeira to levy €2 tourist tax from 21 May Albufeira, Faro,Portugal,April.30,2024(Lusa)- Albufeira town council, in the district of Faro, plans to start charging a tourist tax of €2 for overnight stays in the district...
	Lusa - Business News - Portugal: Government has given more political clout to agriculture ministry - PM Beja, Portugal, April.30,2024 (Lusa) - Portugal's prime minister, Luís Montenegro, on Tuesday considered agriculture to be a strategic sector and said that since taking office,...
	CNA - خريستودوليدس وفون دير لاين يشاركان في حدث بمناسبة مرور 20 عاماً على انضمام قبرص إلى الاتحاد الأوروبي يحضر اليوم الأربعاء رئيس الجمهورية نيكوس خريستوذوليديس ورئيسة المفوضية الأوروبية أورسولا فون دير لاين حدثاً في القصر الرئاسي في نيقوسيا بمناسبة الذكرى العشرين لانضمام قبرص إلى الاتحاد الأوروبي. ...
	Lusa - Business News - Portugal: EU chooses two domestic projects for hydrogen bank Brussels, April.30,2024 (Lusa) — The European Commission selected two Portuguese projects out of seven in the first tender launched by the European Hydrogen Bank,...
	Lusa - Business News - Portugal: Major charity in dire straits, dismissals not political - PM Beja, Portugal, April.30,2024(Lusa)- Portugal's prime minister, Luís Montenegro, warned on Tuesday of the ‘very difficult situation’ of the Santa Casa da Misericórdia de Lisboa (SCML)...
	Lusa - Business News - Portugal: Air France-KLM interested in possible minority stake in TAP Lisbon, April.30,2024(Lusa) - The Air France-KLM group said on Tuesday that a minority position in TAP ‘could be interesting’ if it aligns with its objectives...
	Lusa - Business News - Mozambique: Solar panels save Vodacom 1.2 t greenhouse gas emissions in 2023 Maputo,April.30,2024(Lusa)-Vodacom Mozambique saved the emission of 1,200 tonnes of greenhouse gases in 2023 after converting the power systems of 300 more antennas with solar panels,...
	Lusa - Business News - Portugal: TAP one of airlines in EC inquiry into possible greenwashing Brussels, April30,2024(Lusa)- TAP is one of twenty airlines targeted in an inquiry launched on Tuesday by the European Commission into complaints by consumer protection organisations...
	CNA - Cabinet approves more access of foreign students to labour market Labour Minister Yiannis Panagiotou announced on Tuesday that foreign students would have greater access to the labour market,noting at the same time that the attraction...
	Lusa - Business News - Portugal: Cask of Madeira wine from 2022 sea voyage opened in Funchal for sample Funchal, Madeira,Portugal, April 30,2024(Lusa)- The Madeira Wine, Embroidery and Handicrafts Institute (IVBAM) has unsealed a barrel of Madeira wine transported by the ‘Sagres’ training ship,...
	CNA - Cyprus’ National development agency to come into force The Cabinet approved on Tuesday the establishment of a national development agency following a proposal tabled by the the Finance Minister. ...
	Lusa - Business News - Portugal: BPI posts Q1 profit up 43% YoY to €121M, driven by Portugal operation Lisbon,April.30,2024(Lusa)- BPI, one of Portugal's largest banks, on Tuesday unveiled a first-quarter profit up 43% on the same period a year earlier, of €121 million....
	Lusa - Business News - Portugal: Lisbon stocks generally lower; EDP Renováveis, Ibersol main losers Lisbon, April.30,2024(Lusa)- The Lisbon stock market was on Tuesday trading lower by mid-morning, with shares in EDP Renováveis and Ibersol down 2.52% to 12.77 euros...
	Lusa - Business News - Timor-Leste: May Day demonstration to demand long-awaited rise in minimum salary Dili,April.30,2024(Lusa)-Workers in Timor-Leste will mark 1 May with a protest in Dili to demand an increase in the country's statutory minimum monthly salary to $150(€140),...
	Lusa - Business News - Portugal: Santander Totta first-quarter profit up 58% on year to €294.4M Lisbon, April.30,2024(Lusa)-Santander Totta, one of Portugal's largest banks, made a first-quarter profit of €294.4 million, 58.4% more than in the same period of last year,...
	Lusa - Business News - Portugal: KFC, Pizza Hut licensee Ibersol 2023 profit slides 90% to €15.4M Lisbon, April 30, 2024 (Lusa) - Ibersol, a multi-brand group with presence in the Iberian Peninsula and Portuguese-language countries that has the licence for brands...
	Lusa - Business News - Portugal: Galp Energia Q1 profit up 35% YoY to €337M, as upstream, refining boom Lisbon,April.30,2024(Lusa)-Galp Energia made a profit of €337million in the first quarter of 2024,up 35% from the €250 million posted in the same period last year,...
	CNA - Robust cash buffers to tackle uncertainty, Public Debt Management Office says The robust cash buffers of the Republic of Cyprus are expected to support the government in tackling the uncertainty observed in the global economy, ...
	Lusa - Business News - Portugal: Consumer price inflation slows to 2.2% in April - INE flash estimate Lisbon,April.30,2024(Lusa)-Portugal's year-on-year consumer price inflation slowed to 2.2% in April, 0.1 percentage points less than in March, according to a flash estimate released on Tuesday...
	Lusa - Business News - Portugal: Economic growth slows in Q1; GDP up 0.7% on previous quarter, 1.4% YoY Lisbon, April.30,2024 (Lusa) - Portugal's economy grew 0.7% in the first quarter, from the previous quarter, and by 1.4% from the final quarter of 2023,...
	Lusa - Business News - Portugal: Government sacks lottery operator bosses Lisbon, April 30,2024 (Lusa) - The board of the Lisbon-based Santa Casa da Misericórdia charity has been dismissed "with immediate effect", the government has announced,...
	Lusa - Business News - Portugal: Top newspaper headlines on Tuesday, 30 April Lisbon, April.30,2024(Lusa)-The government sacks the chairwoman of the Santa Casa charity and Spain’s prime minister is to remain in office are the most frequent headlines...

Lusa - Business News - Portugal: South Korea companies invest in renewables, chips - interview

Lisbon, April 17, 2024 (Lusa) - South Korea's ambassador to Portugal, Cho Yeongmoo, expects investments from South Korean companies in the areas of semiconductors ('chips') and renewable energies to materialise this year, namely in Aveiro.
"We've been discussing various projects in the semiconductor area, but these are still in progress. I hope we can see tangible results from these discussions this year," said the diplomat, on the one-year anniversary of the official visit of then Prime Minister António Costa to South Korea, a "very important occasion to take relations to another level" between the two countries.
In an interview with the Lusa news agency, Cho Yeongmoo recalled that in November last year, SK Hynix, a semiconductor production company, signed a memorandum of understanding with AICEP - Portugal's Agency for Development and Foreign Trade.
At the time, AICEP said in a statement that the agreement aimed to develop "a significant investment project in the semiconductor area in 2024," without mentioning any figures.
Also in 2023, Kotra - the South Korean government's trade and investment promotion agency - reopened its offices in Lisbon after closing in 2007 and is acting as "a catalyst between companies from both countries", according to the ambassador, who says there are many requests for information from South Korean and Portuguese companies.
"Kotra's current office is playing a bridging role," he told Lusa, noting the visit last year of a Korean business delegation and the expectations of more visits in 2024 by businesspeople from the battery, cosmetics and automobile sectors.
In the field of renewable energies, the diplomat reported on the expansion plans of CS Wind, a wind tower manufacturer in Aveiro.
"They want to expand their manufacturing facilities," summarised Cho Yeongmoo, thus underlining the increase in investment and the number of jobs in a location that allows exports by sea.
Drawing examples from other companies present, the ambassador said that "the area of renewables is also very promising" for Lisbon and Seoul to "explore greater cooperation".
The countries have also developed relations at the regional level. Since 2007, Madeira and Jeju, the largest South Korean island located south of the Korean peninsula, have agreed on a twinning relationship, with the aim of cooperating in various areas such as tourism, education, and the economy.
"In 2022, when I arrived, we celebrated the 15th anniversary of the 'brotherhood' between the two islands," said the ambassador, adding that the Covid-19 pandemic may have "prevented the exchange of visits" but that he hopes that "people from Madeira can go to Jeju Island" and that Koreans can go to the Portuguese archipelago.
Last year, Sintra also finalised a twinning agreement with the Yangsan Municipality following a visit by his delegation. According to the ambassador, several municipal governments are interested in having closer relations with Portugal.
"Some municipal governments wanted to have a close relationship with Portuguese cities, so we're working on that, and I hope we can draw many conclusions from the 'brotherhood' between the cities of our countries," he said.
Speaking to Lusa, Cho Yeongmoo also noted the Portuguese interest in Korean culture, namely music and films, indicating the promotion of various events to present the diversity that exists, including gastronomy, in which there is cooperation with schools from Turismo de Portugal.
The Korean community in Portugal numbers around 300 people, while the number of tourists reached a peak before the Covid-19 pandemic, with 210,000 people, and last year, there were 160,000 in various places such as Lisbon, Porto, Coimbra, Fátima and Algarve, the diplomatic representation said.
PL/ADB // ADB.
Lusa

Agency : LUSA
Date : 2024-04-18 11:18:06

Back