Cuisine-K project
Scope
Date
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Business & Politics
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...
Mar 05, 2025 (Gmt+09:00)
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Energy
Doosan Enerbility bags $200 mn Qatar power plant EPC deal
Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...
Mar 05, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...
Feb 26, 2025 (Gmt+09:00)
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Energy
Korea’s OCI, Israel’s Arava Power to jointly build solar cell plant in Texas
OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...
Feb 25, 2025 (Gmt+09:00)
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Business & Politics
China likely to lift ban on South Korea’s K-wave as early as May
BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wol...
Feb 19, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean beauty giants Amorepacific, LG H&H come back from China woes
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...
Feb 06, 2025 (Gmt+09:00)
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Artificial intelligence
OpenAI, SoftBank tap Samsung for Stargate AI initiative
Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...
Feb 04, 2025 (Gmt+09:00)
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Earnings
Hanwha Ocean swings to profit, seeks 6 US Navy MRO projects
Hanwha Ocean Co., a South Korean warship builder, said on Friday it swung to profit in 2024 for the first time in four years, driven by increased sa...
Jan 24, 2025 (Gmt+09:00)
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Energy
Hanwha Q Cells sells two solar power plant projects in US
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold its two large-scale sola...
Jan 22, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Sales of K-Beauty surges in US e-commerce
The popularity of South Korean cosmetics in the US has increased, with sales of the products growing at four to five times the rate of the market ...
Jan 21, 2025 (Gmt+09:00)
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Korean startups
Allsale, K-beauty's leading ambassador to the US
Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmeti...
Jan 21, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai starts to construct Peruvian Navy warships
South Korea's HD Hyundai Heavy Industries Co. officially launched the Peruvian navy's four warship project on January 10. The Peru Warship Pr...
Jan 13, 2025 (Gmt+09:00)
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IPOs
Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb
K Wave Media Ltd., an umbrella entity of South Korean entertainment companies, is set to go public on the Nasdaq next month in a bid to raise money ...
Jan 12, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Corstone, Q Capital in talks with foreign investors to sell K-chicken chain
Seoul-based private equity firms Corstone Asia and Q Capital Partners are in talks with foreign investors to sell a South Korean fried chicken chain...
Jan 08, 2025 (Gmt+09:00)
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IPOs
K Bank drops 2025 IPO in 3rd Kospi listing cancellation
K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...
Jan 08, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan
South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...
Jan 05, 2025 (Gmt+09:00)
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Korean food
K-food, fashion, beauty to up ante on global push in 2025
South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder...
Dec 31, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem delivers driverless metro cars to Taiwan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...
Dec 27, 2024 (Gmt+09:00)
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Energy
LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt...
Dec 20, 2024 (Gmt+09:00)
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Energy
Korea bags Romanian project to refurbish nuclear reactor
Korea Hydro & Nuclear Power Co. (KHNP) on Thursday inked a final agreement with Romania’s Societatea Nationala Nuclearelectrica (SNN) to r...
Dec 19, 2024 (Gmt+09:00)
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Upcoming IPOs
Online lender K Bank eyes Feb 2025 IPO at lower valuation
K Bank, a South Korean online lender, is making a fresh attempt to list on the Korean stock market in February 2025 as bitcoin’s record-breaki...
Dec 18, 2024 (Gmt+09:00)
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Energy
Korea’s OCI, US partner CPS Energy sign 20-year energy storage deal
South Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to jointly build a 120-megaw...
Dec 10, 2024 (Gmt+09:00)
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Energy
Samsung C&T, Hitachi Energy to team up for HVDC projects
South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...
Dec 09, 2024 (Gmt+09:00)
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Bio & Pharma
Hanmi breaks ground pharmaceuticals complex in Beijing
South Korea's Hanmi Pharmaceutical Co. said on Friday that Beijing Hanmi Pharm, its subsidiary in China, held the groundbreaking ceremony for a proj...
Dec 06, 2024 (Gmt+09:00)
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Construction
Hanwha E&C to resume $10.4 billion Bismayah new city project in Iraq
Hanwha Engineering & Construction Co., an affiliate of South Korea’s Hanwha Group, said on Friday it is set to fully resume a $10.4 billio...
Dec 06, 2024 (Gmt+09:00)
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Aerospace & Defense
STX to export $60 mn wheeled armored vehicles to Peru
STX Corp., a South Korean general trading company, said on Monday it signed a contract with Fábrica de Armas y Municiones del Ejé...
Dec 02, 2024 (Gmt+09:00)
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Entertainment
SM's UK K-pop group Dear Alice to debut with Gamma
South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop boy group Dear Alice.A...
Nov 27, 2024 (Gmt+09:00)
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Batteries
Korea Zinc, Hanwha to co-work on Austrailian BESS project
Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...
Nov 26, 2024 (Gmt+09:00)
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Construction & Planning
Samsung C&T-Sumitomo consortium wins $3.7 billion Qatar project
An international consortium involving South Korea’s Samsung C&T Corp. and financial firms has won a $3.7 billion project to build a desali...
Nov 26, 2024 (Gmt+09:00)
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Energy
Samsung C&T, LS Electric to establish US solar JV
South Korea's Samsung C&T Corp. and LS Electric Co. signed a memorandum of understanding (MOU) on Monday to expand solar power projects in the U...
Nov 26, 2024 (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