SK E&S, Plug Power agree to strengthen hydrogen partnership

SK E&S CEO Choo Hyung-wook met with Plug Power CEO Andy Marsh at CES 2023 in Las Vegas on Jan. 5 to discuss ways to strengthen cooperation in th...

Nexon teams up with 'Parasite' film production company Barunson E&A

Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...

Lotte E&C, Meritz Securities conclude $1.2 billion investment deal

Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...

Air Busan launches new Busan-Clark flight

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

EcoPro Group nearly doubles sales target to $7.8 billion this year

South Korea's EcoPro Group has set its sales target this year at 10 trillion won ($7.8 billion), nearly double that of last year, under a strategy t...

KT receives record-high corporate bond bids of $2.3 billion

KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ($2.27 billion) in c...

KT, E-mart warm up S.Korea's corporate bond market

South Korea's KT Corp. and E-mart Inc. are the frontrunners in the new year's corporate bond demand forecasts, attracting attention on if they can b...

S.Korea's gaming industry reaches $15.7 billion in scale

South Korea's game industry in 2021 saw sales of over 20 billion won ($15.7 billion), ranking the country fourth on the global market. The Kore...

K-BBQ brand Mapo Galmaegi signs agreement to get halal certification

South Korean food service enterprise Didim E&F said on Monday that its Korean barbecue brand Mapo Galmaegi signed a business agreement with a Ko...

7-Eleven shows off first realistic metaverse store at CES 2023

Convenience store franchiser 7-Eleven said on Tuesday that it would display a new concept metaverse store for the first time in the industry toget...

Korea's Traders Wholesale Club launches paid membership program

S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.The store has secured...

S.Korea begins PCR testing of all passengers coming from China

South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...

Koreans buy $2.7 billion Tesla shares this year, favorite foreign stock

Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...

SKC to showcase innovative chip, battery materials at CES 2023

SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...

E-Mart enters Singapore with two corner shops selling K-food

South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...

Hyundai's Tucson named BBC Top Gear's Best Family Car

Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...

Hanwha E&C, Panasia sign joint hydrogen production agreement

The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...

Stayfolio receives $7.7 mn in Series A investment

South Korea's property-rental platform Stayfolio announced on Wednesday that it has won 10 billion won ($7.7 million) worth of additional investment...

SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

KKR to buy 100% stake in SK E&S' Busan City Gas for $561 mn

Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...

Korea to retain more skilled foreign workers with visa status upgrade

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

S.Korea's e-commerce platform Plugo secures $9 million in investment

South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...

Hanwha Q Cells to sell 7 US battery ESS projects to Spain’s Acciona Energia

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

CJ Logistics expands global e-commerce shipping services

South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...

Neurophet acquires Singaporean certification for Alzheimer's diagnosis

South Korea's medical imaging device maker Neurophet said on Tuesday that its SCALE PET has obtained a medical device certification from the Health ...

S.Korea's Bespin Global secures $107 mn from Middle East

South Korea's cloud management company Bespin Global said on Monday that it has secured 140 billion won ($107 million) in investment from e& Ent...

KB Financial included in DJSI for 7 consecutive years

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

Coupang to invest $4.7 billion in supply chains in Korea over 12 years

  South Korea's e-commerce giant Coupang has briefed US Ambassador to Seoul Philip Goldberg at the company's fulfillment center in Daegu, a fa...