Domestic Production Certification
Scope
Date
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Retail
Korean retailers boost Mongolia presence with new stores, products
South Korean retail giants are advancing into Mongolia where Korean food and daily necessities are gaining in popularity among local consumers. Big-...
Sep 12, 2023 (Gmt+09:00)
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Retail
Synthetic diamonds with ESG value lure Korean shoppers
Lab-grown diamonds, cultured in laboratories wth advanced technologies, are garnering attention from South Korean consumers as they are produced mor...
Sep 11, 2023 (Gmt+09:00)
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Retail
Homeplus enters Mongolian market with PB products
South Korean big-box retailer Homeplus has entered the Mongolian market for the first time, signing a strategic partnership with the country's ret...
Sep 11, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's KT invests in domestic startups Upstage, Qanda
South Korea's KT Corp. has invested 20 billion won ($15 million) in two domestic artificial intelligence (AI) startups. For the second time in ...
Sep 11, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha sees higher odds of winning Poland submarine deal
South Korea’s Hanwha Ocean Co. appears to be a step closer to winning a 3.2 trillion won ($2.4 billion) Polish order for submarines, after a s...
Sep 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean recognized for eco-friendly tech at Gastech 2023
South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime classification societi...
Sep 08, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to expand new plant for drug products
South Korean biopharmaceutical firm Celltrion Inc. announced on Tuesday that it plans to enlarge its finished pharmaceuticals manufacturing facility...
Sep 05, 2023 (Gmt+09:00)
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Batteries
SK On’s prismatic battery push fares well: Vice chair
MUNICH -- SK On Co. is making good progress in developing prismatic battery cells, its Senior Vice Chairman Chey Jae-won said on Tuesday, five month...
Sep 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea ranks 3rd on global dominant product list to tie Japan
TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...
Sep 04, 2023 (Gmt+09:00)
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Asset management
Mirae Asset No. 1 among overseas asset managers in India
MUMBAI – South Korea’s Mirae Asset Global Investments Co., managing 22 trillion won ($16.7 billion) in India, ranks No. 1 among overseas...
Sep 04, 2023 (Gmt+09:00)
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Fashion
CJ ENM launches domestic fashion brand of Barneys New York
CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...
Sep 04, 2023 (Gmt+09:00)
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Fashion
Korea emerges as growth market, design hub for global brands
Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...
Sep 01, 2023 (Gmt+09:00)
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Bio & Pharma
Hugel resubmits application to FDA for botulinum toxin product
South Korea's biopharmaceutical company Hugel Inc., announced on Friday that it has resubmitted applications to the US Food and Drug Administration ...
Sep 01, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells brings forward US solar module production
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...
Sep 01, 2023 (Gmt+09:00)
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Economy
Korea’s July factory output slows at fastest pace since February
South Korea’s factory output contracted at the fastest rate in six months last month on subdued global demand especially from China, while its...
Aug 31, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI inks deal with Airbus for production of 300 helicopters
Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, and Airbus Helicopters SAS (AH) announced on Thursday that...
Aug 31, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy to expand maritime business with CCS
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification so...
Aug 31, 2023 (Gmt+09:00)
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Bio & Pharma
Handok to import treatment for rare autoimmune disorder
South Korean pharmaceutical company Handok Inc. on Wednesday said it signed a deal with Dutch immunology specialist Argenx to sell the latter's Vyvg...
Aug 31, 2023 (Gmt+09:00)
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Energy
Hyundai Steel's offshore wind power plant gets int’l certification
South Korea’s Hyundai Steel on Wednesday said its Ulsan Factory 2 in the southern coastal city of Ulsan received certification as an offshore ...
Aug 31, 2023 (Gmt+09:00)
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Artificial intelligence
Hyundai Engineering to develop conversational AI for construction
South Korea's Hyundai Engineering Co. is developing a conversational artificial intelligence (AI) program for use in the plant and construction sect...
Aug 30, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's Aestura to enter Japanese market
South Korean beauty and cosmetics giant Amorepacific Corp. announced on Wednesday that its derma cosmetic brand Aestura will enter the Japanese mark...
Aug 30, 2023 (Gmt+09:00)
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Fashion
Gucci cedes throne to Chanel in Korean used luxury market
Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...
Aug 29, 2023 (Gmt+09:00)
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Chemical Industry
SK Chemicals wins APR certification for five recyclable materials
South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...
Aug 29, 2023 (Gmt+09:00)
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Automobiles
S.Korea's Kumho HT to set up local subsidiary in India
South Korea's automotive lighting device maker Kumho HT, Inc. announced on Monday its strategy to set up an India corporation, capitalizing on the b...
Aug 29, 2023 (Gmt+09:00)
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Future mobility
E-Mart24 pilot-operates drone delivery
South Korea's convenience store chain E-Mart24 Inc. is launching a commercial drone delivery service in Gimcheon, North Gyeongsang Province. This se...
Aug 28, 2023 (Gmt+09:00)
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Food & Beverage
Nongshim Kellogg enters S.Korean instant rice market
Nongshim Kellogg Co. announced on Monday its foray into the domestic instant rice market with the launch of "Whole Oat Rice," a product made exclu...
Aug 28, 2023 (Gmt+09:00)
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Asset management
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Aug 28, 2023 (Gmt+09:00)
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Bio & Pharma
EuBiologics, GC Biopharma to jointly produce cholera vaccine
South Korea's EuBiologics Co., the world's leading cholera vaccine company, has signed a joint production agreement with GC Biopharma Corp. to produ...
Aug 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung’s tie-up with VMware to strengthen SSD competitiveness
LAS VEGAS – Samsung Electronics Co. has partnered with US cloud software provider VMware Inc. to strengthen its competitiveness in the next-ge...
Aug 24, 2023 (Gmt+09:00)
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Electronics
LG aims to capture 50% of global luxury car display market by 2026
LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...
Aug 23, 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