Air Busan targets record profit with more int’l flights

Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...

Hyundai Glovis wins certification for lithium battery air transport

South Korea's logistics company Hyundai Glovis Co. has obtained international certification for specialized transportation, demonstrating its expert...

POSCO Int'l secures graphite supply from Tanzania

South Korea's POSCO International has signed a deal on the supply of natural graphite to strengthen its battery raw materials unit.The company on ...

S.Korea gov’t urges caution on using Vietjet Air, AirAsia

South Korean consumers have witnessed a substantial rise in complaints related to Vietjet Air and AirAsia, popular low-cost carriers used for trav...

LG Energy's Ochang plant, Korea's EV cell mother factory

OCHANG, North Chungcheong Province -- LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, on Thursday for the ...

Samyang secures contract for supplying filler with Chinese company

South Korea's Samyang Holdings announced on Thursday that it has signed a partnership agreement with Hangzhou Yxintent, a Chinese medical device a...

SKIET secures $300 mn green loan from IFC

SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...

Jin Air seeks to spread wings to Indonesia, Singapore

Jin Air Co., a low-cost carrier (LCC) under Korean Air Co., is seeking to expand its air routes to Indonesia and Singapore this year with the additi...

LIG Nex1 secures $75 mn contract for KSIS military ground segment

South Korean aerospace manufacturer and defense company LIG Nex1 Co. announced on Wednesday a $75 million (99.1 billion won) contract with the count...

Hanwha aims to develop unmanned fighter jet engine within decade

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...

Jeju Air CEO sees Korea-Indonesia routes as blue ocean

South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...

KAI secures deal to export 18 FA-50 light fighters to Malaysia

South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to supply Malaysia with eigh...

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...

Korean Air-Asiana merger hits roadblock in US, Europe

The proposed merger between South Korea’s two largest airlines hit a roadblock in the West as a media outlet reported that the US government i...

LG Energy Solution secures lithium concentrate in N.America

South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...

LG Chem secures exclusive deal for Israeli desalination project

South Korea's LG Chem Ltd. revealed on Thursday that it has been awarded the exclusive contract as the sole supplier of reverse osmosis (RO) membran...

SK Telecom develops quantum cryptography-based VPN

South Korea's SK Telecom Co. announced on Wednesday that has completed the development of quantum key distribution (QKD) technology-based virtual pr...

NKMax submits US subsidiary's securities report to SEC

The listing in the US of NKGen Biotech, the American subsidiary of South Korean developer of natural killer (NK) cell therapy NKMax Co., is coming i...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

Korea starts building Shin Hanul, reviving aim to be nuclear powerhouse

South Korea has begun construction of the main parts of the Shin Hanul nuclear reactors No. 3 and No. 4, reviving its goal of becoming a global nucl...

Yanolja acquires Israeli tourism tech company Go Global Travel

South Korea's tourism platform unicorn Yanolja has acquired Go Global Travel (GGT), an Israel-based company for global business-to-business (B2B) tr...

S.Korea to apply private advanced tech to military weapons in 5 years

South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...

Mirae Asset Securities joins Singapore Exchange's trading membership

South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...

S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results

South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...

LG Uplus to open cyber security dept. at Soongsil Univ.

In a first for the company, South Korea’s LG Uplus Corp. will set up a cyber security department that offers employment at Soongsil University...

Korean Air to launch in-flight wi-fi service for int'l routes

Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting from June 1.Korean Ai...

S.Korea's Air Premia, T'way compete for golden routes to Europe

South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...

S.Korea’s Suprema wins order from Saudi Arabia's Neom city project

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...

Korean Air showcases special aircraft livery featuring Blackpink

Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on W...

Multifamily emerges as Korean LPs’ top real estate pick for 2023

Multifamily housing has emerged as the most popular real estate segment for South Korean institutional investors, with senior secured loans picked as ...