Soju no longer working-class liquor

Soju no longer working-class liquor

HiteJinro Co., South Korea’s largest soju maker, will raise the price of its soju and beer products by about 7% next month to reflect higher c...

K-pop fan platform company DearU to enter into Japan

K-pop fan platform company DearU to enter into Japan

DearU Co., a K-pop fandom platform in South Korea, announced the launch of the Japanese version of "bubble" on Tuesday. DearU bubble is a private me...

BBQ's Chicken Camp gets popularity from foreign tourists

BBQ's Chicken Camp gets popularity from foreign tourists

Foreign tourists looking for Chicken Camp, operated by BBQ, a South Korean fried chicken brand, have been increasing noticeably. Chicken Camp is a c...

Hanwha Ocean to design digital vessels with ABS

Hanwha Ocean to design digital vessels with ABS

South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) t...

South Korean steelmakers face longer winter

South Korean steelmakers face longer winter

South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...

Korea Investment, Carlyle Group sign strategic partnership

Korea Investment, Carlyle Group sign strategic partnership

Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...

LG Elec’s automotive business logs record quarterly profit

LG Elec’s automotive business logs record quarterly profit

LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent...

Whole loans offer funding solution for stretched borrowers: Savills IM

Whole loans offer funding solution for stretched borrowers: Savills IM

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

Lotte Wellfood promotes Pepero Day in New York

Lotte Wellfood promotes Pepero Day in New York

South Korea's Lotte Wellfood Co. announced on Thursday it has started the global campaign for Pepero in the US, the company's iconic chocolate-cover...

LG Display narrows Q3 losses, sees turnaround in Q4

LG Display narrows Q3 losses, sees turnaround in Q4

LG Display Co. said on Wednesday it will likely turn a profit in the fourth quarter of this year, snapping its losing streak of the past six quarter...

POSCO Int’l determined to outsmart Japanese trading firms

POSCO Int’l determined to outsmart Japanese trading firms

POSCO International Corp., the general trading and energy exploration unit of steel giant POSCO Holdings Inc., will step up its efforts to outsmart ...

CS Wind eyes $2.2 bn sales in 2024 with Bladt

CS Wind eyes $2.2 bn sales in 2024 with Bladt

CS Wind Corp., a South Korean wind turbine tower manufacturer, expects its sales next year to double from last year’s to reach about 3 trillio...

Tesla supplier L&F to ink $15 bn materials deal in Europe

Tesla supplier L&F to ink $15 bn materials deal in Europe

L&F Co., a South Korean electric vehicle battery materials supplier to Tesla Inc., is set to sell products in Europe through an estimated $15 bi...

Toray Advanced Materials to spur carbon fiber production in Korea

Toray Advanced Materials to spur carbon fiber production in Korea

Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang Province on Monday,...

KG Mobility to supply automotive parts to Saudi SNAM

KG Mobility to supply automotive parts to Saudi SNAM

South Korea's KG Mobility Corp., formerly Ssangyong Motor Co., announced on Monday it signed a memorandum of understanding (MOU) for building a part...

K-food, beauty franchise stores set for Laos foray

K-food, beauty franchise stores set for Laos foray

Laos’ largest private company Kolao Group has attracted about a dozen South Korean franchise operators to join its aggressive push into the So...

CJ CheilJedang to export K-Street Foods

CJ CheilJedang to export K-Street Foods

South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...

SK Hynix showcases cutting-edge CXL, AiM memory at OCP Summit

SK Hynix showcases cutting-edge CXL, AiM memory at OCP Summit

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Friday it showcased its next-generation memo...

South Korea attracts more African countries to food project

South Korea attracts more African countries to food project

South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chroni...

Korea steps up pressure on private sector to ease inflation

Korea steps up pressure on private sector to ease inflation

South Korea is intensifying pressure on the private sector to curb inflation by forcing companies such as food and beverage makers not to raise prod...

Samyang Foods launches TomYum Buldak Ramen in US

Samyang Foods launches TomYum Buldak Ramen in US

South Korea's Samyang Foods Co. announced on Friday it began to release the new export-exclusive product of Hot Chicken Flavor Ramen, or Buldak Rame...

SK Chemicals develops recycled plastic LP records

SK Chemicals develops recycled plastic LP records

South Korea's SK Chemicals Co. unveils recycled plastic LP records.The company announced on Thursday it has jointly developed the EcoRecord, an LP r...

POSCO completes automotive steel plates plant in China

POSCO completes automotive steel plates plant in China

South Korea’s POSCO announced on Thursday it completed the new plant for automotive steel plates in Tangshan, Hebei province, China.As a joi...

Hyundai Mobis to debut at Japan Mobility Show

Hyundai Mobis to debut at Japan Mobility Show

South Korea's Hyundai Mobis will participate in the Japan Mobility Show 2023, which changed its name from the Tokyo Motor Show. This is the fir...

LG Energy to expand residential ESS biz with new product

LG Energy to expand residential ESS biz with new product

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufacturer, is set to launch a new residential energy storage s...

Daewoong Pharma's GER drug gets product OK from Mexico

Daewoong Pharma's GER drug gets product OK from Mexico

South Korea’s Daewoong Pharmaceutical on Wednesday said its gastroesophageal reflux (GER) disease drug Fexuclue (active ingredient fexuprazan ...

HD Hyundai, Siemens to jointly build smart shipyard

HD Hyundai, Siemens to jointly build smart shipyard

South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...

Ably's amood to support K-fashion's expansion into Japan

 Ably's amood to support K-fashion's expansion into Japan

South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop service for domestic...

LG Elec woos US home appliance buyers with smart features

LG Elec woos US home appliance buyers with smart features

LG Electronics Inc. is ramping up efforts to attract premium home appliance buyers in North America with the "UP Kit" collection of home appliance a...

NCSOFT to unveil 7 new titles in global lineup at G-STAR 2023 game show

NCSOFT to unveil 7 new titles in global lineup at G-STAR 2023 game show

NCSOFT Corp., a major South Korean game developer and publisher, said on Tuesday it will showcase seven new titles in its upcoming global lineup at ...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale