Corporate strategy
Scope
Date
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Banking & Finance
Korean banks go digital in Southeast Asia for non-interest gains
South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to increase their non-...
Oct 05, 2023 (Gmt+09:00)
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Healthcare
Samsung Welstory to develop corporate healthcare menu
South Korean food and beverage (F&B) company Samsung Welstory has teamed up with Kangbuk Samsung Hospital to develop business-to-business (B2B) ...
Sep 22, 2023 (Gmt+09:00)
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Batteries
LG Energy raises $1 bn in bonds for EV battery production
LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...
Sep 19, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Electronics on track to achieve carbon neutrality by 2050
Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...
Sep 13, 2023 (Gmt+09:00)
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Bio & Pharma
SK C&C to provide corporate employee healthcare
South Korea’s SK C&C on Tuesday signed an agreement to offer employee healthcare management programs to companies with digital healthcare ...
Sep 13, 2023 (Gmt+09:00)
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Energy
LG Energy Solution eyes US market for ESS
South Korea's LG Energy Solution Ltd. is accelerating its entry into the rapidly growing US market for energy storage systems (ESS).The company on T...
Sep 12, 2023 (Gmt+09:00)
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Fashion
Korea's National Geographic Apparel steps up push into China
South Korean fashion company The Nature Holdings Co. is set to expand the presence of its outdoor clothing brand National Geographic Apparel in Chin...
Sep 06, 2023 (Gmt+09:00)
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Retail
The Hyundai Seoul attracts 100 mn visitors in 30 months
The Hyundai Seoul, the largest shopping mall in the South Korean capital, has attracted over 100 million visitors since its opening to emerge as a h...
Aug 28, 2023 (Gmt+09:00)
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Automobiles
Genesis ranks top in J.D. Power’s new car advanced tech survey
Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...
Aug 25, 2023 (Gmt+09:00)
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Carbon neutrality
LG Innotek inks renewable energy deal with SK E&S
South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a domestic energy company...
Aug 23, 2023 (Gmt+09:00)
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Investment banking
Mirae Asset Securities exceeds $3 bn in overseas equity
Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...
Aug 22, 2023 (Gmt+09:00)
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Bio & Pharma
Ildong Pharma to export high blood pressure treatment to China
South Korea's Ildong Pharmaceutical Co. on Tuesday said it will export benidipine hydrochloride, a raw material used in the treatment of high blood ...
Aug 22, 2023 (Gmt+09:00)
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Energy
Samsung C&T sells 150-MW solar power project in US
South Korea's Samsung C&T Corp. on Wednesday said its US-based green energy affiliate Samsung C&T Renewables sold a project for construction...
Aug 16, 2023 (Gmt+09:00)
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Fashion
APR’s fashion brand Nerdy opens two more stores in Vietnam
South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...
Aug 02, 2023 (Gmt+09:00)
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Venture capital
S.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...
Jul 24, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's NGeneBio establishes US corporation NGeneBioAI
South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...
Jul 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Networks to acquire data management company en-core
SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...
Jul 21, 2023 (Gmt+09:00)
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Fashion
S.Korea’s Brand X establishes Taiwanese corporation
South Korea's media and e-commerce company Brand X Corp. announced on Friday that it has established a Taiwanese corporation. The move seeks to ampl...
Jul 21, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Bank's Chinese corporation issues $69 million in yuan bonds
The Chinese corporation of South Korea’s Shinhan Bank on Thursday said it issued 500 million yuan ($69.6 million) in bonds, a first in China b...
Jul 21, 2023 (Gmt+09:00)
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Korean startups
KKR leads $190 mn Series C funding of fashion platform Musinsa
South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...
Jul 19, 2023 (Gmt+09:00)
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Retail
S.Korea's E-mart24 opens 3rd branch in Singapore
South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...
Jul 06, 2023 (Gmt+09:00)
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Fintech
SK C&C to release Kospi-focused AI investment strategy service
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...
Jul 04, 2023 (Gmt+09:00)
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Advertising & Marketing
Kyungdong Navien opens Mexican corporation
South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...
Jul 03, 2023 (Gmt+09:00)
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Travel & Leisure
Jeju Shinhwa World to spend $760 mn to restore vigor
South Korea’s largest resort complex Jeju Shinhwa World, located in the country’s top tourist destination, is preparing to restore its v...
Jun 29, 2023 (Gmt+09:00)
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Regulations
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
Jun 22, 2023 (Gmt+09:00)
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Korean startups
S.Korea has just 1.2% of world's corporate unicorns: study
Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...
Jun 22, 2023 (Gmt+09:00)
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Retail
GS Retail sells unmanned serving robots in convenience stores
The artificial intelligence (AI) serving robot has been introduced to convenience stores for sale. The number of stores where the robot is being sol...
Jun 21, 2023 (Gmt+09:00)
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Electronics
SK Group to host global forum in Silicon Valley
The top executives of South Korea's SK Innovation Co. and SK Hynix Inc. will discuss future growth strategies with outstanding global talent in Sili...
Jun 21, 2023 (Gmt+09:00)
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Corporate strategy
Samsung Electronics holds biannual global strategy meeting
Samsung Electronics Co. on Tuesday launched its three-day global strategy meeting, a biannual event held in June and December where major executives...
Jun 21, 2023 (Gmt+09:00)
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Corporate bonds
Lotte affiliates’ credit ratings downgraded all at once
The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...
Jun 20, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet