S.Korean SMEs unprepared for Indonesia’s mandatory halal certification
South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...
Innocean acquires digital marketing company D-Plan 360
Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...
LG to slim down petrochem as Chinese rivals creep up
South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...
Tierone Corp.
Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...
POSCO targets robotic automation solutions for new growth
SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...
Woori Bank Vietnam, Samsung Vina Insurance team up for bancassurance
South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...
S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia
Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...
STX to promote lithium business with Chinese company
South Korea's general trading company STX announced on Wednesday its plans to accelerate its lithium business with a leading Chinese lithium produce...
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Yoon, Korea’s No. 1 salesman, at BIE to drum up support for 2030 Expo
South Korean President Yoon Suk Yeol will attend the Bureau International des Expositions (BIE) in Paris next week to drum up support for the Asian ...
Big Tech, Japanese comics publishers target webtoon business
Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...
CJ to open pop-up Korean restaurant for promising chefs in Seoul
South Korean food giant CJ CheilJedang Corp. in the second half of the year will open a pop-up Korean restaurant for up-and-coming chefs on the upsc...
KT to start outdoor robot delivery in Seoul from Q4
South Korea’s KT Corp. from the fourth quarter will start outdoor robot delivery of food and daily necessities in Seoul’s upscale distri...
Hyundai Mobis to expand vehicle module facility in S.Korea
South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...
Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race
An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...
Toray to move into battery separator business
Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...
South Korean game developers expand business with IPs
South Korean game developers are expanding their business portfolios through their intellectual property to boost profits with a goal to create glob...
BIO USA 2023 to draw S.Korean biotech leaders, startups
More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...
Foreign demand for chip stocks powers Kospi to 1-year high
South Korea’s main bourse Kospi on Tuesday hit its highest closing since June last year, boosted by foreigners’ net buying in semiconduc...
SK Ecoplant seeks to establish eco holding firm, sell 40% stake to PEFs
SK Ecoplant Co. is seeking to establish an interim holding firm for its waste management subsidiaries and sell its stake to private equity firms as ...
DB Group, T&T Group sign agreement for business corporation
DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...
Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea
South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to im...
Schaeffler Korea to produce parts for hybrid cars, EVs
Schaeffler Korea Corp., the largest plain and roller bearing provider to automotive and industrial sectors in South Korea, is set to celebrate 70 ye...
Lotte to open Silicon Valley corporate venture capital unit
Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...
S.Korean startup Drama & Company introduces AI talent recruiter
Drama & Company, the developer of South Korea’s popular cloud-based business card management app Remember, is readying its next business w...
S.Korean Hanwha to spend $1 bn on US acquisitions, business
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to invest $1 billion in acquisitions of companies in the US and businesses ...
Hanwha aims to develop unmanned fighter jet engine within decade
Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...
Korea’s Kakao targets mobile infrastructure biz for Saudi tourism
Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...
POSCO, JSW discuss eco-friendly reduction steel production
Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...
Korean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...
