Emissions Trading System
Scope
Date
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Metaverse
SK Telecom introduces paid currency to metaverse ifland
South Korea's SK Telecom Co. has introduced an economic system to its metaverse service "ifland." With this, users can now purchase items with the c...
Oct 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE builds world’s first mid-size ammonia-fueled vessel
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...
Oct 16, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO FutureM cuts carbon by recycling waste refractories
South Korea's battery materials maker POSCO Future M Co. announced on Monday its achievement in reducing significant carbon footprints by fully re...
Oct 16, 2023 (Gmt+09:00)
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Regulations
Korea's GS Caltex faces FTC probe into intra-group trading
The Korea Fair Trade Commission (FTC) has begun an investigation process for alleged intra-group transactions between GS Caltex Corp., the country&r...
Oct 13, 2023 (Gmt+09:00)
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Energy
HD KSOE to invest $48 mn in European fuel cell company
HD Korea Shipbuilding & Offshore Engineering (KSOE) announced on Wednesday that it plans to invest 45 million euros ($47.7 million) in the Europ...
Oct 11, 2023 (Gmt+09:00)
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Robotics
Hyundai Wia showcases autonomous parking robot
South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. announced its participation in the country's largest robotics industry exhibit...
Oct 11, 2023 (Gmt+09:00)
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Corporate strategy
Hanwha Group chair calls for startup-like entrepreneurial spirit
South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...
Oct 10, 2023 (Gmt+09:00)
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Chemical Industry
LG Display, LG Chem develop homegrown OLED material
South Korea’s LG Display Co. and LG Chem Ltd. have domestically produced a core material for organic light-emitting diode (OLED) that they pre...
Oct 10, 2023 (Gmt+09:00)
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Batteries
Kia to form private-public partnership for EV battery recycling
South Korea's Kia Corp. revealed a plan for the first domestic private-public partnership and initiating a pilot project to create a recycling ecosy...
Oct 06, 2023 (Gmt+09:00)
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Carbon neutrality
SK C&C invests in US startup Glassdome
South Korea's SK C&C announced on Thursday that it has made a new investment in Glassdome, a US carbon emission management solution startup.&nbs...
Oct 05, 2023 (Gmt+09:00)
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Retail
Naver's Kream integrates with Japan's Soda
Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...
Oct 04, 2023 (Gmt+09:00)
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Korean startups
Korean language demand creates new overseas markets for startups
South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...
Sep 29, 2023 (Gmt+09:00)
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Banking & Finance
Korean Hana ties up with Saudi EXIM Bank for Middle East biz
Hana Financial Group, South Korea’s third-largest financial holding company, joined hands with the Saudi Export-Import Bank to expand its mark...
Sep 27, 2023 (Gmt+09:00)
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Commodities
POSCO, Bartlett to set up grain procurement joint venture
South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up ...
Sep 26, 2023 (Gmt+09:00)
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Carbon neutrality
Net-zero by 2050 will hit S.Korea’s economic growth: BOK
The net zero emission target by 2050 is forecast to lower South Korea’s economic growth rate by an average of 0.6 percentage point per year ...
Sep 25, 2023 (Gmt+09:00)
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Regulations
S.Korea to extend forex trading hours from Oct. 4 to lure foreign dealers
South Korea will extend the operating hours of the domestic foreign exchange market from next month, allowing foreign currency dealers to directly p...
Sep 25, 2023 (Gmt+09:00)
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Batteries
LG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...
Sep 25, 2023 (Gmt+09:00)
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Economy
Korea logs surplus in IP trade in H1 on surge of culture, art
South Korea posted a surplus in its intellectual property (IP) rights trade in the first half of this year, thanks to profits on culture, art and so...
Sep 22, 2023 (Gmt+09:00)
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Carbon neutrality
LS ITC, KEPCO to team up for energy efficiency projects
LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...
Sep 22, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to change rocket launch permit system to licensing model
South Korea will change its system for sending projectiles into space to a licensing model covering one to five years instead of requiring approva...
Sep 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korean B2B cloud computing firm BusinessOn up for sale
BusinessOn Communication Co., a leading cloud computing firm listed on the junior bourse Kosdaq, is open to a sale of its controlling stake for arou...
Sep 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Krafton, Naver eye Overdare as S.Korea's answer to Roblox
South Korea's game company Krafton Inc. and Naver Z, a metaverse unit of the country’s portal giant Naver Corp. on Thursday said they will u...
Sep 15, 2023 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 6’s engine named best in US
Hyundai Motor Co. announced on Friday that its electric vehicle (EV) IONIQ 6 sedan's powertrain was named one of the "2023 Wards 10 Best Engines and...
Sep 15, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis showcases trailer reverse assistance system in US
South Korea's automotive parts maker Hyundai Mobis is boosting its presence in North America by unveiling technologies tailored for the market such ...
Sep 14, 2023 (Gmt+09:00)
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Carbon neutrality
SK Forest, NH Securities to cut CO2 emissions in East Timor
South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...
Sep 12, 2023 (Gmt+09:00)
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Electronics
LG Electronics rolls out 118-inch micro LED TV at US trade show
LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...
Sep 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Avikus to launch system for self-driving leisure boats
Avikus, the autonomous navigation solutions affiliate of South Korean conglomerate HD Hyundai Co., will launch New Boat Dock, a self-driving system ...
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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Carbon neutrality
SK Rent-a-Car to replace internal combustion engine cars with EVs
SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...
Sep 08, 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)
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