Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds

Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds

South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...

Seoul, once-rising art hub, feels pinch of global strains  

Seoul, once-rising art hub, feels pinch of global strains  

In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...

Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs

Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs

JAKARTA – Last Thursday, Baik Art gallery in Jakarta, Indonesia, was crowded with well-heeled art patrons eager to meet a revered artist from ...

South Korea’s young rich vs old rich: Coins, art outpace bonds, funds

South Korea’s young rich vs old rich: Coins, art outpace bonds, funds

Young South Korean millionaires, placing bold wagers on unconventional financial assets such as cryptocurrencies and art, are gaining ground fast, g...

Nongshim captures young consumers in Indonesia

Nongshim captures young consumers in Indonesia

South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On November 15, Nongshim ...

BBQ Chicken to enter Indonesian market

BBQ Chicken to enter Indonesian market

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...

LG CNS establishes joint venture with Sinarmas in Indonesia

LG CNS establishes joint venture with Sinarmas in Indonesia

South Korea's LG CNS Co. said on Thursday that it established a joint venture LG Sinarmas Technology Solutions in Indonesia with Sinarmas Group in J...

LG Elec hosts OLED TV media art exhibition in Vietnam

LG Elec hosts OLED TV media art exhibition in Vietnam

LG Electronics Inc. held a media art exhibition, "The Future Becomes Now," at the heart of Vietnam's bustling metropolis Lotte Mall Westlake Hanoi.A...

Samsung’s The Frame selected as display for Art Basel

Samsung’s The Frame selected as display for Art Basel

Samsung Electronics Co. announced on Tuesday that its TV The Frame was selected as the first official display for the world's largest art fair Art B...

South Korea to accept Indonesia’s KF-21 project cost cut proposal

South Korea to accept Indonesia’s KF-21 project cost cut proposal

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

S.Korean gov’t selects six overseas cities for K-City Network

S.Korean gov’t selects six overseas cities for K-City Network

The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...

Samsung’s The Frame selected as display for Art Basel

Samsung’s The Frame selected as display for Art Basel

Samsung Electronics Co. announced on Monday that its TV The Frame was selected as the official display for the world's largest art exhibition Art Ba...

Lotte Mart debuts Korean street food store in Indonesia

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...

Samsung TV secures artful color certification from Pantone

Samsung TV secures artful color certification from Pantone

Samsung Electronics Co. announced on Tuesday that its 2024 model "The Frame" TV became the first display to receive "Artful Color Certification" fro...

Korea’s 1st institutionalized fractional art offering a smash hit

Korea’s 1st institutionalized fractional art offering a smash hit

South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of South Korea’s frac...

S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments

S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments

Indonesia, a partner of South Korea’s KF-21 fighter jet development project, has failed again to notify the Korean government of its plan to p...

HMM to open fastest shipping route from S.Korea to Indonesia

HMM to open fastest shipping route from S.Korea to Indonesia

South Korea's HMM Co. on Tuesday said it will open a direct route connecting Busan with the Indonesian cities of Jakarta and Surabaya.The revamped I...

Korea logs surplus in IP trade in H1 on surge of culture, art

Korea logs surplus in IP trade in H1 on surge of culture, art

South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...

Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars

Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars

Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul eyed as possible 2nd Asian base of Gagosian empire

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel

Hyundai Card to showcase Meta's MR, AR techs at Da Vinci Motel

Hyundai Card said on Wednesday that its annual Da Vinci Motel event will feature state-of-the-art mixed reality (MR) and augmented reality (AR) expe...

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung, LG Electronics gear up for IFA, IAA Mobility 2023

Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...

Hanwha to turn Seoul landmark into modern art hub

Hanwha to turn Seoul landmark into modern art hub

Standing 249 meters (817 feet) high, 63 SQUARE, well known as the 63 Building to older generations, was once the tallest building in Seoul until it ...

Art luxury hotel reopened at Paradise City in Incheon

Art luxury hotel reopened at Paradise City in Incheon

The casino complex Paradise City in Incheon on Saturday will reopen Hotel Art Paradiso at its integrated resort on Yeongjong Island. Closed in July ...

Samsung Electronics to aid foundry clients with state-of-the-art tech

Samsung Electronics to aid foundry clients with state-of-the-art tech

Samsung Electronics Co., the world’s largest memory chipmaker, will provide its foundry clients with state-of-the-art technology to support th...

Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...

BTS releases trailer video ahead of 10th anniversary event

BTS releases trailer video ahead of 10th anniversary event

BTS released a trailer video on Wednesday ahead of their 10th debut anniversary event "2023 BTS Festa".by Si-Ook Ahnsiook95@hankyung.com...

S.Korea's top tech school uses salmon DNA to block art counterfeiting

S.Korea's top tech school uses salmon DNA to block art counterfeiting

The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...

LG Electronics to participate in Frieze Art Fair in New York

LG Electronics to participate in Frieze Art Fair in New York

LG Electronics Inc. said on Thursday that it will participate in Frieze New York, one of the world's three major contemporary art fairs, from May 17...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale