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BusinessThursday, October 29

South Korea's ambassador visited LSU and called Louisiana a “key diplomatic state.”

The Daily Baton Rouge teamFrom Thursday’s edition · 1 min read · 3 sources

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South Korean Ambassador Kang Kyung-wha joined a panel on investment and innovation at the LSU Student Union on Tuesday, Oct. 27. She said Louisiana is quickly becoming a “key diplomatic state,” NOLA.com reports. She said her two visits in less than two months show how much the state matters to the relationship.

$95.2 billionSouth Korean investment in the U.S. in 2025

That's more than double from the previous decade, per the Congressional Research Service, The Reveille reports.

Source: The Reveille

WBRZ reports the stop wrapped up a two-day tour that began Monday at Tulane University in New Orleans. State economic officials project more than 1,300 direct jobs and roughly 4,100 indirect jobs from the Hyundai-POSCO mill.

State officials project more than 1,300 direct jobs and roughly 4,100 indirect jobs

Source: WBRZ

View as table
AmountShare
Direct jobs (more than)1,30024.1%
Indirect jobs (roughly)4,10075.9%
  • Average pay: $95,000 a year for direct jobs
  • Mill's planned launch: 2029
  • Panel co-hosted with the Korea Economic Institute of America

Sources: NOLA.com, The Reveille, WBRZ

Read it in the full edition

More from Thursday’s edition

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BusinessLouisiana approves the air permit for Hyundai-POSCO's $5.8 billion Ascension Parish steel millThe Louisiana Department of Environmental Quality (DEQ) has approved the final air permit for Hyundai-POSCO's mill near Donaldsonville, WBRZ reports. The Advocate says the 96-page approval was issued Friday, and Hyundai wasn't authorized to build until it came through. Baton Rouge Business Report calls it an expedited permit.CourtsLaMont Cole's lawyers filed two motions Wednesday to toss the new indictment against himLawyers for East Baton Rouge Parish schools Superintendent LaMont Cole filed two motions Wednesday to toss the new indictment in the attorney general's bribery case. The Advocate reports the new version, issued Oct. 14 according to WBRZ, cut his charges from five to three. A spokesperson for the Attorney General's Office said the change was to “clarify the indictment for the jury.”CrimeBond is set for the driver in the I-10 crash before Christina Munn-Holliday disappearedSandrea Davis, 21, the alleged driver in the Sept. 30 crash on I-10 in Iberville Parish, had bond set at $10,000, WBRZ reports, citing court documents. She faces charges of reckless operation with accident and simple escape, Louisiana First News reports. Munn-Holliday, 22, was last seen walking east on the Atchafalaya Basin Bridge after the crash.
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