Asia GDP growth
Scope
Date
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Retail
Lotte Shopping: Resurrected in Indonesia after death in China
JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...
Mar 30, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha Vision participates in Asia's largest integrated security expo
Hanwha Vision (formerly known as Hanwha Techwin) announced on Thursday its participation in SECON 2023, the largest integrated security exhibition i...
Mar 30, 2023 (Gmt+09:00)
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Leadership & Management
LG Group Chairman names AI, bio, clean tech as new growth engines
LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...
Mar 30, 2023 (Gmt+09:00)
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Batteries
LS Group completes nickel sulfate plant for EV batteries
South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...
Mar 27, 2023 (Gmt+09:00)
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Bio & Pharma
Kwangdong introduces new drug candidate for pediatric myopia
South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it has signed a contract with Hong Kong-based Zhaoke Ophthalmo...
Mar 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung's Lee visits growth driver MLCC China plant
Samsung Electronics Co. Chairman Jay Y. Lee has chosen Samsung Electro-Mechanics Co.'s new multi-layer ceramic capacitor (MLCC) plant in Tianjin as ...
Mar 27, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to benefit from rising global defense spending
South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...
Mar 24, 2023 (Gmt+09:00)
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Fiber & Textile
Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn
South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...
Mar 24, 2023 (Gmt+09:00)
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Electronics
Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's
Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...
Mar 24, 2023 (Gmt+09:00)
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Future mobility
SK Innovation invests an extra $50 million in US clean energy firm Amogy
South Korea’s SK Innovation Co. has newly invested $50 million in Amogy Inc., a US ammonia-based power system developer, to expand its green b...
Mar 23, 2023 (Gmt+09:00)
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Construction
Doosan Enerbility wins back-to-back power plant deals in Central Asia
South Korean power plant builder Doosan Enerbility Co. has secured a series of contracts in Central Asia, including orders in Uzbekistan and Kazakhs...
Mar 22, 2023 (Gmt+09:00)
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Business & Politics
Samsung, SK Hynix look to China exit plans as growth stunted
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are in quandary over their growth strategies in China fo...
Mar 22, 2023 (Gmt+09:00)
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Real estate
Yanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...
Mar 22, 2023 (Gmt+09:00)
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Robotics
Samsung Elec boosts robotics as key growth engine: Vice chairman
Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...
Mar 21, 2023 (Gmt+09:00)
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Robotics
Samsung gets $191 million profit valuation from investment in Rainbow Robotics
Samsung Electronics Co. is found to have earned 250 billion won ($191 million) in profit valuation from its investment made two months ago in Rainbo...
Mar 20, 2023 (Gmt+09:00)
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Economy
S.Korea’s jobs in February grow at slowest pace in 2 years
South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...
Mar 16, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...
Mar 15, 2023 (Gmt+09:00)
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Perspectives
US bank failure triggers Asia’s 2008 PTSD
If anyone at South Korea's National Pension Service has been planning a 2023 vacation, it might be time to cancel. The recent collapse of Silicon...
Mar 15, 2023 (Gmt+09:00)
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Economy
S.Korea logs biggest-ever current account deficit in Jan on export slump
South Korea reported its record current account deficit in January due to sluggish exports, the country’s key growth driver, and a widened tra...
Mar 10, 2023 (Gmt+09:00)
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Electronics
DB HiTek sees capacity utilization rate rise to 80%
South Korea's semiconductor foundry company DB HiTek Co. last month saw its capacity utilization rate rise to the mid-80% level thanks to rising dem...
Mar 10, 2023 (Gmt+09:00)
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Electronics
LG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...
Mar 09, 2023 (Gmt+09:00)
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Advertising & Marketing
Korea's Innocean wins eight awards at Spikes Asia advertising festival
South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...
Mar 09, 2023 (Gmt+09:00)
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Korean startups
SentBe, back from brink of collapse to play in major league
SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...
Mar 08, 2023 (Gmt+09:00)
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Construction
S.Korea's builders diversify biz portfolios to waste battery, other sectors
South Korea's construction companies are exploring other sectors to find new growth engines amid deteriorating profitability in the housing industry...
Mar 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics picks private 5G network as next growth engine
LG Electronics Inc. is seeking to make inroads into the private 5G network market, set to grow rapidly amid accelerated migration to automation in a...
Mar 05, 2023 (Gmt+09:00)
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Shareholder activism
JB Financial refuses activist fund's request to increase dividends
South Korea’s JB Financial Group Co. has refused a local activist fund’s request to raise dividend payouts, stressing such a measure wil...
Mar 03, 2023 (Gmt+09:00)
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Retail
Musinsa selected as one of Asia's most innovative companies
Musinsa, a fashion e-commerce platform based in South Korea, on Friday was named one of this year's "Top-10 Most Innovative Companies in Asia-Pacifi...
Mar 03, 2023 (Gmt+09:00)
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Automobiles
S.Korea ranks fifth in global auto output for third straight year
South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...
Mar 03, 2023 (Gmt+09:00)
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Energy
SK Materials makes equity investment in ION for CO2 capture partnership
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...
Mar 02, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia close in on Toyota with record US sales
Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...
Mar 02, 2023 (Gmt+09:00)
Latest News
- 1 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 2 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy
- 3 Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
- 4 POSCO inducted into World Steel Dynamics’ Hall of Fame
- 5 Lockheed Martin, KAI to expand partnership to future defense, aerospace tech