Paris Baguette opens first store in Hawaii
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, announced on Monday that it opened its first store in Hawaii, the US. The s...
Hyundai Dept. Store, Siam Piwat to collaborate for K-content
South Korea’s Hyundai Department Store Co. announced on Wednesday that it signed a business agreement with Thailand’s retail giant Siam ...
Samsung foldable panel gets US military certification
Samsung Display announced on Monday that its 7-inch foldable panel, used in the latest generation of foldable phones, completed the demanding MIL-ST...
BBQ opens delivery store in Vietnam
BBQ, a popular South Korean fried chicken brand announced on Friday that it opened its first delivery and takeout store in Vietnam.The store is at V...
Nature Republic opens first store at Dubai Mall
South Korean beauty brand Nature Republic announced on Thursday that it opened its first store at Dubai Mall, the largest shopping mall in Dubai, ...
Samsung Biologics signs ADC CDO deal with LegoChem Bio
Samsung Biologics Co. has agreed with South Korean biotech company LegoChem Biosciences Inc. to provide contract development organization (CDO) serv...
One Store attracts $50 mn investment from Digital Turbine
South Korean homegrown app store One Store Co. has attracted a $50 million investment from the Nasdaq-listed US-based mobile platform company Digi...
Lotte to sell 7-Eleven’s ATM unit in Korea for around $38 mn
Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...
Samsung Heavy wins $3.45 bn order for 15 LNG carriers
South Korea’s shipbuilder Samsung Heavy Industries Co. announced on Wednesday that it has won a $3.45 billion order for 15 units of liquefie...
Korean firms’ monthly net debt sales hit record high in January
South Korean investors armed with ample liquidity have rushed to buy corporate debts to enjoy high yields before rates head south later this year, l...
Korean vegan makeup brand Dear Dahlia on the market
Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...
E-Mart24 to open 1st convenience store in Cambodia in June
E-Mart24 Inc., a leading South Korean convenience store chain, announced on Friday plans to enter the Cambodian market, aiming to open its first sto...
Hyundai Dept. Store launches membership for foreigners
South Korea's Hyundai Department Store Group announced on Thursday that it launched H Point Global, a dedicated membership service for foreign cus...
S.Korea’s duty-free industry going downhill
The South Korean travel retail industry, once considered the country’s golden goose, is forced to streamline operations given no signs of a dr...
Korea rejects BlackRock’s $7.5 bn wind farm project
South Korea has slammed the brakes on BlackRock’s offshore wind farm project worth around 10 trillion won ($7.5 billion), citing financing unc...
Korean convenience stores push exports of own brand products
South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...
Lotte Mart debuts Korean street food store in Indonesia
South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...
Lotte gets exclusive right of Bacha Coffee in S.Korea
South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...
Lotte World Tower sees record-high visitors in 2023
Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last yea...
Tim Hortons to open two more stores in Seoul in January
Canadian coffee brand Tim Hortons is opening two more stores in Seoul this month.Tim Hortons announced on Wednesday that it will open its Sungnyemun...
Samsung opens premium experience store in Mumbai
Samsung Electronics Co. announced on Tuesday that it opened a flagship premium experience store Samsung BKC in Mumbai, India. Samsung BKC, spread ac...
Lotte Wellfood enters Costco stores in Canada, Mexico
South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...
Lotte Duty Free holds grand reopening ceremony at Changi Airport
Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free...
Innocean, HYBE launch Seventeen project in Bangkok
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has launched a K-pop boy g...
Hyundai, Kia offer up to $7,500 discounts for EVs in US
Hyundai Motor Group., the No. 2 electric vehicle brand in the US, is offering discounts of up to $7,500 for their EVs in the country — the max...
Taeyoung becomes 1st Korean builder in debt workout in decade
The vast majority of creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) have agreed to start debt restructuring for the tro...
Seoul kicks off Korea Grand Sale 2024 to double foreign tourists
South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...
LG Elec to raise capex, R&D spending; eyes acquisition
LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to spend more on capital expenditures, as well as research and deve...
Fried chicken chain bhc enhances localized menus in SE Asia
South Korean fried chicken chain bhc Chicken on Monday announced the opening of its third outlet in Singapore.bhc operates 10 stores in Southeast As...
LG Uplus invests $7.6 mn in 42Maru
South Korea’s LG Uplus Corp. announced on Sunday that it has invested 10 billion won ($7.6 million) in 42Maru, a domestic language AI startup....
