IBK Economic Research Institute
Scope
Date
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Corporate strategy
S.Korea's top four accounting firms to cut hiring 30%
South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring this year more than...
Jul 31, 2023 (Gmt+09:00)
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Artificial intelligence
Lunit to supply AI diagnosis solution to Saudi's medical institution
South Korea's medical AI company Lunit announced on Wednesday that it has signed a contract to supply its artificial intelligence (AI) solution for ...
Jul 26, 2023 (Gmt+09:00)
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Carbon neutrality
LG Chem gets int'l certification in calculation of product carbon footprint
South Korea's LG Chem Ltd. on Tuesday said it received certification for its calculation method for product carbon footprints (PCF) from the global ...
Jul 26, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to develop fighter jet engine materials
South Korea’s Hanwha Aerospace Co. is set to develop fighter jet engine materials able to resist flames of more than 1,500 degrees Celsius, wh...
Jul 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Seoul Univ. to jointly develop battery
Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...
Jul 25, 2023 (Gmt+09:00)
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Upcoming IPOs
Fabless FADU taps institutional demand to raise about $151 mn
FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...
Jul 24, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax extracts raw materials from indigenous plants in Indonesia
Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, announced on Monday that it will unveil a cosmetics raw material b...
Jul 24, 2023 (Gmt+09:00)
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Artificial intelligence
LG AI Research launches patent screening AI
South Korea's think tank LG AI Research has teamed up with the Korean Intellectual Property Office (KIPO) to develop the world's first patent screen...
Jul 14, 2023 (Gmt+09:00)
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Entertainment
Up close and personal look at HYBE workplace, culture
The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its high...
Jul 04, 2023 (Gmt+09:00)
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Economy
S.Korea to return to Japan’s preferential trade partner list in July
Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...
Jun 27, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's ToolGen develops gene-edited cow for artificial blood
South Korean genome editing developer ToolGen Inc. has teamed up with Lartbio Technology, a Seoul-based transgenic animal development company, to de...
Jun 21, 2023 (Gmt+09:00)
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Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...
Jun 16, 2023 (Gmt+09:00)
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Sumit
Key facts Industry Product design, engineering Mainstay products/services Product development consulting, researching, design, prototypi...
Jun 16, 2023 (Gmt+09:00)
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Business & Politics
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...
Jun 15, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to discuss bilateral currency swap with Japan
South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...
Jun 09, 2023 (Gmt+09:00)
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Artificial intelligence
LG, FuriosaAI to jointly develop next-generation AI chip
LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...
Jun 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE to participate in EU's largest hydrogen transportation project
South Korea's HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding holding company of HD Hyundai Co. , is participatin...
May 31, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia team up with 11 universities for vehicle electrification
South Korean auto giant Hyundai Motor Co. and its sister company Kia Corp. are joining forces with leading South Korean universities to pioneer adva...
May 24, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea's top tech school uses salmon DNA to block art counterfeiting
The screen of the latest Samsung Electronics smartphone series Galaxy 23 released this year has a fingerprint recognition window on the display th...
May 24, 2023 (Gmt+09:00)
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Economy
S.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...
May 23, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean Army opens Future & Innovation Research Center at KAIST
South Korean army announced that the Korea Army Research Center for Future & Innovation, a defense-related advanced science and technology resea...
May 22, 2023 (Gmt+09:00)
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Business & Politics
S.Korea business lobby group regrets past political role
The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...
May 18, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to send $130 mn in aid for Ukraine’s reconstruction
South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...
May 18, 2023 (Gmt+09:00)
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Artificial intelligence
Korean institutions eye investment in OpenAI at $40 bn valuation
OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...
May 17, 2023 (Gmt+09:00)
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The KED View
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....
May 16, 2023 (Gmt+09:00)
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Airlines
Intense competition in S.Korea's LCC sector fuels zero-won tickets
South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas travel market. They boos...
May 09, 2023 (Gmt+09:00)
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ASK 2023
Alternative investment forum ASK 2023 to kick off May 17 in Seoul
South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...
May 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s four firms to develop domestic tech for carbon capture
South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...
Apr 28, 2023 (Gmt+09:00)
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Economy
S.Korea’s 20-somethings tighten belts due to high interest rates: report
The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...
Apr 27, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Airbus plan to open domestic tech research center
South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...
Apr 26, 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