Four Seasons Hotels and Resorts
Scope
Date
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Automobiles
Hyundai Motor Group wins Cars.com's 2025 Top Pick EV Awards
Hyundai Motor Group said on Wednesday Hyundai Motor Co. ‘s IONIQ electric vehicles (EVs) and Kia Corp. ‘s EV9 have each been awarded 202...
Oct 23, 2024 (Gmt+09:00)
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Corporate restructuring
NCSoft to spin off AI, game divisions into four units
NCSoft Corp., a leading South Korean game developer and publisher, said on Monday it will spin off its artificial intelligence R&D and game deve...
Oct 21, 2024 (Gmt+09:00)
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Korean food
S.Korea’s premium kimchi war escalated by luxury hotels
Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...
Oct 16, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Hotels & Resorts to upcycle used PET bottles
South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...
Oct 11, 2024 (Gmt+09:00)
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Travel & Leisure
Paradise opens VIP-only casino at Walkerhill Hotel
Paradise Co., a South Korean casino operator, unveiled a new VIP section at its Walkerhill Hotel casino, aiming to capitalize on its recent performa...
Sep 20, 2024 (Gmt+09:00)
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Artificial intelligence
OpenResearch gets $7.5 mn seed round
OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...
Sep 12, 2024 (Gmt+09:00)
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Korean games
NCSOFT distributes four Sony game titles in S.Korea
South Korea’s gaming giant NCSOFT Corp. will distribute four popular titles in South Korea through a partnership with Sony Interactive Enterta...
Sep 10, 2024 (Gmt+09:00)
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Robotics
Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics to standardize the o...
Sep 06, 2024 (Gmt+09:00)
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ESG
LG Group publishes 2023 ESG Report
LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...
Sep 05, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Activst fund KCGI struggles to fund Hanyang Securities deal
KCGI, a South Korean private equity firm, has been struggling to raise funds for its 244.9-billion-won ($183 million) purchase of a controlling stak...
Sep 03, 2024 (Gmt+09:00)
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Investment banking
Junior bankers choosing track records over name value
A number of junior bankers at the Korean offices of major global investment banks such as Morgan Stanely and J.P.Morgan have resigned since July wit...
Aug 30, 2024 (Gmt+09:00)
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Companies
Samyang Roundsquare to recruit foreign interns
Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...
Aug 23, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility introduces robot delivery at Resom Resort
South Korea's Kakao Mobility announced on Wednesday that it partnered with Hoban Hotels & Resorts to operate the robot delivery service Bring at...
Aug 21, 2024 (Gmt+09:00)
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Travel & Leisure
Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...
Aug 16, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Samho, Wan Hai sign LOI for methanol-powered ships
South Korea's HD Hyundai Samho secured a potential order for four methanol dual-fuel container ships from Taiwan's Wan Hai Lines, according to the...
Aug 16, 2024 (Gmt+09:00)
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Construction
Korea’s top landscaping firm Dawon to expand in SE Asia
South Korea’s Dawon Corporation aims to expand its business in Southeast Asia as it beat out major domestic builders such as Samsung C&T C...
Aug 16, 2024 (Gmt+09:00)
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KOREA Investment Week
Korea's investment forum KIW 2024 kicks off September 9
South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...
Aug 12, 2024 (Gmt+09:00)
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Korean stock market
South Korean stock market crashes; more falls seen ahead
The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...
Aug 05, 2024 (Gmt+09:00)
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K-pop
SM Entertainment, S.Korean startup Jienem to build K-Pop hotel
South Korea's residence operator startup Jienem announced on Monday that it signed a memorandum of understanding (MOU) with Kreation Music Rights (K...
Jul 30, 2024 (Gmt+09:00)
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Corporate restructuring
LG Display cuts vendors’ stakes, axes jobs for turnaround
LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, reduced stakes in its vendors while cut...
Jul 24, 2024 (Gmt+09:00)
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Artificial intelligence
Naver launches Saudi digital twin project for smart cities
South Korean internet giant Naver Corp. and the Saudi Arabian government have started a five-year project to build digital twin platforms for Riyadh...
Jul 23, 2024 (Gmt+09:00)
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Automobiles
Kia reveals teaser of Tasman development process
Kia Corp., South Korea’s second-largest automaker, released One More Round, a teaser video series of its first pickup truck The Kia Tasman.&nb...
Jul 16, 2024 (Gmt+09:00)
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Pension funds
NPS commits $723 mn to MBK, 3 other managers for Korean PEs
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...
Jul 15, 2024 (Gmt+09:00)
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Travel & Leisure
Korea’s top resort operator Sono buys T'way stake for $76 mn
South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...
Jul 03, 2024 (Gmt+09:00)
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League table
UBS tops Korea’s M&A advisor list on Asiana, Affinity deals
UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on m...
Jul 01, 2024 (Gmt+09:00)
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Travel & Leisure
Jeju casinos, hotels bask in return of Chinese tourists; luxury shops fall
Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top ...
Jun 18, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Hotels & Resorts opens L7 Hotel in Chicago
South Korea’s Lotte Hotels & Resorts announced on Friday that it held the opening event for L7 Chicago by Lotte in Chicago, the US, E...
Jun 14, 2024 (Gmt+09:00)
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Real estate
Japan golf courses, Korean investors’ new target assets
South Korean investors are eyeing Japan’s golf resorts to buy amid the weak yen, rising demand for golf courses in Japan, and relatively low p...
Jun 13, 2024 (Gmt+09:00)
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Hydrogen economy
HD Hyundai supplies large hydrogen forklifts to Korea Zink
South Korea's HD Hyundai XiteSolution announced on Monday that it deployed its four 5-ton hydrogen forklifts in Korea Zinc Inc.'s Onsan Refinery and...
Jun 04, 2024 (Gmt+09:00)
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Travel & Leisure
InterContinental Seoul COEX to close in July
Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to...
May 27, 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