Shinsegae E&C issues $150 mn bond to calm liquidity concerns

South Korea’s Shinsegae Engineering & Construction Co. (Shinsegae E&C) said on Friday it has raised 200 billion won ($150 million) thr...

Mercedes-Benz unveils New E-Class in S.Korea

Mercedes-Benz Korea on Friday unveiled the 11th generation of its fully redesigned mid-sized The New E-Class sedan in South Korea.This latest iterat...

S.Korean securities downgrades GS E&C’s investment opinion

Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...

China to stop broadcast of S.Korean LoL league

China will stop the official broadcast of League of Legends (LoL) Champions Korea (LCK), according to the South Korean game industry. “There w...

Korean corporate debt sale hits snag amid Taeyoung woes

The South Korean corporate bond market is taking a direct hit from growing credit crunch concerns in the country’s construction sector trigger...

Taeyoung becomes 1st Korean builder in debt workout in decade

The vast majority of creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) have agreed to start debt restructuring for the tro...

Ssangyong E&C wins $57 million deal to build solar cell plant in Haiti

South Korea’s Ssangyong Engineering & Construction Co. (Ssangyong E&C) said on Tuesday it has won a $57 million deal to build a 12-meg...

Korea’s Hancom buys document software firm Clipsoft

Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...

KEPCO sells 15% stake in KEPCO E&C for $269 million

Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...

S.Korea to allow hiring of foreign workers in hotels, resorts

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

Daewoo E&C opens theme park Ice Jungle in Phu Quoc

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened the digital theme park Ice Jungle in its ongoing luxury residential ...

SGC eTEC E&C wins $160 mn plant order in Malaysia

South Korea's SGC eTEC E&C Co. said on Tuesday it has won a 204.7 billion won ($158 million) order to build epichlorohydrin (ECH) and chlor-alka...

Korea’s E-Mart24 to debut in Cambodia, aims for 100 stores by 2028

E-Mart24 Inc., one of South Korea’s leading convenience store chains, will make a foray into Cambodia to gain ground in one of Southeast Asia&...

Aekyung Chemical acquires LG Chem Vietnam's plasticizer subsidiary

South Korean consumer goods company Aekyung Chemical announced on Friday that it has acquired VPCHEM, the Vietnam subsidiary of LG Chem Ltd., a comp...

LG Elec opens customer experience space in Ho Chi Minh

LG Electronics Inc. announced on Friday the unveiling of a customer experience space called "Another Saigon" in Ho Chi Minh City, Vietnam, where the...

Grandeur regains Korean sedan crown after two-year hiatus

Hyundai Motor Co.'s Grandeur mid-to-large-sized sedan is poised to reclaim its crown as the best-selling Korean car in the domestic passenger car se...

S.Korea’s LF opens 9th store in Vietnam

South Korea’s fashion company LF Corp. announced on Thursday that it opened its ninth store in Vietnam at Trang Tien Plaza in Hanoi.Trang Tien...

DL E&C’s 1915 Çanakkale Bridge named Project of the Year

South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received th...

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

DL E&C, KBR to co-work for SAF project

South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the ...

New 2024 E-Class soon to arrive in Korea, land of Mercedes-Benz

As with the launch of every new E-Class, the flagship model of luxury German car brand Mercedes-Benz, the phrase “evolution, not revolution&rd...

Home&Shopping opens exclusive section in Vietnam K-Market

South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the...

LG H&H’s sales surges 300% on Qoo10 in 6 months

South Korea’s LG H&H Co. announced on Thursday that its sales in November this year in Megawari, a shopping event organized by Qoo10, th...

Lotte Group’s 3rd-generation son comes to the fore

Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...

E-Mart opens 3rd store in Vietnam, spurs K-food marketing

South Korea’s E-Mart Inc. will open its new hypermarket in Ho Chi Minh City on Dec. 7, accelerating sales of its private label No Brand produc...

Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan

South Korean Daewoo Engineering & Construction Co. is seeking business opportunities alongside Indonesia’s plan to relocate its capital as...

Lotte Chilsung, E&J Gallo to jointly boost soju sale in US

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

SK gives up e-commerce platform management

SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their st...

HD Hyundai taps RCE to go global with used heavy machinery

HD Hyundai Construction Equipment Co., the construction machinery provider under South Korean shipbuilding conglomerate HD Hyundai Group, will ventu...

Delivery Hero-backed Baemin to exit Vietnam on low returns

Baemin, the top food delivery platform in South Korea, will exit Vietnam on Dec. 8 after four years of operations there amid fierce market competiti...