Japan tourist HIS Group
Scope
Date
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Executive reshuffles
Shinsegae hires Alibaba Korea head to lead online mall Gmarket
Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to ti...
Jun 19, 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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Petrochemicals
HD Hyundai Oilbank to export SAF to Japan
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, said on Sunday that it will export sustainable aviation fuel (SAF) to Ja...
Jun 17, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai, Hanwha in uphill battle vs Japan for A$11 billion frigate deal
South Korea’s two warship builders are striving to win an A$11 billion (US$7.3 billion) deal from Australia to build 11 advanced frigates &nda...
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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Beauty & Cosmetics
L'Oréal to nurture K-Beauty startups
L'Oréal, the world's largest cosmetics group, announced on Wednesday that it is recruiting digital and innovative technology companies to p...
Jun 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Bobcat to buy ex-sibling Mottrol for $178.6 million
Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...
Jun 12, 2024 (Gmt+09:00)
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Energy
SK Ecoplant builds rooftop solar panels at Samil Vina in Vietnam
SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Tuesday it has completed building rooftop solar panel...
Jun 11, 2024 (Gmt+09:00)
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Food & Beverage
Mom's Touch opens new flagship store in Myeongdong
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it opened a new flagship store in Myeongdong, Jung-g...
Jun 11, 2024 (Gmt+09:00)
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Waste management
Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit
Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...
Jun 10, 2024 (Gmt+09:00)
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Leadership & Management
HD Hyundai’s ascent driven by visionary spinoff push
Many cast doubts on HD Hyundai Group’s decision to separate its ship maintenance, repair and overhaul (MRO) service in 2016. The move, however...
Jun 10, 2024 (Gmt+09:00)
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Korean games
S.Korean IT companies partner with K-pop girl groups
South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...
Jun 10, 2024 (Gmt+09:00)
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Economy
S.Korea beats Japan in GNI per capita for 1st time in 2023
South Korea outstripped Japan in terms of per capita gross national income (GNI) for the first time in 2023, central bank data showed, with the Japa...
Jun 05, 2024 (Gmt+09:00)
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Retail
Shinsegae guarantees PE firms’ SSG.COM exit amid delayed IPO
Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy shares in SSG.COM f...
Jun 04, 2024 (Gmt+09:00)
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Robotics
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
Jun 04, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
Jun 03, 2024 (Gmt+09:00)
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Artificial intelligence
Korea Inc.’s AI executives double with LG Group leading the pack
The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...
May 28, 2024 (Gmt+09:00)
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Automobiles
Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
South Korea’s LG Electronics Inc. will supply its automotive web-based operating system webOS to Kia Corp. for the carmaker’s upcoming v...
May 27, 2024 (Gmt+09:00)
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Rights offerings
Kolon to invest additional $9 million in ride-hailing Papa Mobility
South Korea’s Kolon Group plans to invest an additional 12.4 billion won ($9.1 million) in Papa Mobility Co., bringing its total investment in...
May 24, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Samil PwC expands global foothold with Carlyle's Japan KFC deal
Global accounting industry leader PricewaterhouseCoopers’ South Korean member firm is expanding its foothold with global mergers and acquisiti...
May 24, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix mulls HBM production in Japan, US
SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in...
May 24, 2024 (Gmt+09:00)
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IPOs
World’s No.1 magnet wire maker SPSX mulls Korean IPO
Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...
May 23, 2024 (Gmt+09:00)
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Chemical Industry
Japan’s Toray to spend $366 mn on Korean capacity expansion
Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 million) to expand eco-f...
May 22, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor, Kia to develop alternative to rare earth materials
Hyundai Motor Co. and Kia Corp. have partnered with South Korea's universities to secure materials for vehicle electrification components.Hyundai Mo...
May 21, 2024 (Gmt+09:00)
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Korean stock market
Korea Inc. nearly triples dividend payments in decade
Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...
May 21, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung's Galaxy Studio Photo surpasses 100,000 visitors
Samsung Electronics Co. announced on Sunday that the Galaxy Studio Photo at South Korea's theme park Everland has surpassed 100,000 visitors. The Ga...
May 20, 2024 (Gmt+09:00)
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Korean startups
South Korean startups' Tokyo fever sizzles
Despite the recent Line-Yahoo cacophony, South Korean entrepreneurs are continuing their advance into Japan to find the next big market.On Thursday,...
May 17, 2024 (Gmt+09:00)
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K-pop
NewJeans' Ditto hits 600 mn streams on Spotify
Ditto by K-pop girl group NewJeans has surpassed 600 million streams on Spotify.Spotify, the world's largest music streaming platform, announced on ...
May 17, 2024 (Gmt+09:00)
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Business & Politics
Naver to submit remedies to Japan without A Holdings stake sale
LY Corp., the operator of Japan’s popular messenger app Line, is expected not to propose Naver Corp.’s stake sale in its largest stakeho...
May 15, 2024 (Gmt+09:00)
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Korean food
Ottogi, KTO partner to attract foreign tourists
The Korea Tourism Organization (KTO) announced on Monday that it signed a memorandum of understanding with domestic food company Ottogi to attract f...
May 14, 2024 (Gmt+09:00)
Latest News
- 1 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 2 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 3 Korea to allow non-profits to buy bad consumer loans
- 4 LG to drive future growth in emerging markets with battery prowess
- 5 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties