Kombucha tea brands lure investors as diet drink market grows
South Korea’s medium-sized electronics components maker Phoenix Rising PTE Ltd. has agreed to invest 3 billion won ($2.3 million) in domestic ...
Korean game developers look to revive heyday with reboots of old hits
South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans with hit intellectual ...
Hyundai's all-new Santa Fe to hit Korean market mid-August
Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...
Hopes rise for Korean copper foil makers’ gains under IRA
South Korea’s SK Nexilis Co., the world’s largest copper foil producer, is in negotiations with six electric vehicle battery makers to s...
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
S.Korean think-tank lifts inflation forecast on oil prices
A South Korean government think-tank has raised its inflation prediction for this year due to the recent rise in oil prices and expectations that As...
LG Electronics’ projectors sweep world’s No. 3 golf market
Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...
ABL Bio gets OK for phase 1 clinical trials for immune-oncology drug
New drug development company ABL Bio Inc. announced on Thursday that it has received approval from the Ministry of Food and Drug Safety of South Kor...
S.Koreans continue buying spree of sliding Japanese yen
The plunging Japanese currency has stepped up South Koreans’ bargain-hunting, posting record highs in the balance of the yen-denominated depos...
Global fashion brands block Koreans' access to US websites
Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...
Lotte Hotels & Resorts to launch premium kimchi product
Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...
Sejong City to cooperate with Northern Ireland in smart city, cybersecurity
South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Korean lifestyle brand Andar takes on Xexymix in athleisure market
South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market ...
Insatiable Hyundai Motor aspires to lead India with SUVs, EVs
Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...
Kia launches exclusive care service for EV9
South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...
SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Orion teams up with Dutch Mill to tap Vietnamese dairy market
South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...
Korean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their s...
KDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...
Smilegate to host CFS Summer Championship 2023 in Vietnam
Smilegate Entertainment, a South Korean game developer and publisher, announced on Monday that it will host the "CFS Summer Championship 2023" in co...
Ourhome strikes catering deal with Vietnam's FPT Education
A prominent South Korean food service provider Ourhome Ltd. disclosed on Monday that it has penned a memorandum of understanding with FPT Education,...
Affinity's CJ Lee to become 3rd Korean executive to leave
Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Air travel from Korea roars back to everywhere, except China
Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
South Korean city seeks to build Asia's 1st MSG Sphere
A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...
Big Bang deregulation poised to bolster S.Korean ST market
South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...
