Ilhwa to export McCOL to South Africa

Ilhwa to export McCOL to South Africa

South Korea’s Ilhwa Co. on Friday that its flagship barley carbonated beverage McCOL will be exported to the Republic of South Africa. Th...

Anushka Sen, global celebs to ring in New Year in Seoul

Anushka Sen, global celebs to ring in New Year in Seoul

Thousands of global celebrity infuencers, including Indian TV actress and model Anushka Sen, are set to ring in the New Year at a content festival i...

Boryung, HK inno.N to co-market Kanarb, K-CAB

Boryung, HK inno.N to co-market Kanarb, K-CAB

South Korea’s pharmaceutical companies Boryung Corp. and HK inno.N announced on Wednesday that they will start co-marketing for their respec...

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang buys specialty chemical maker Verdant for $257 mn

Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...

HK inno.N reveals differentiated clinical results for K-CAB

HK inno.N reveals differentiated clinical results for K-CAB

South Korean bio-health company HK inno.N has been expanding its market by steadily announcing differentiated clinical results for its gastroesophag...

Home&Shopping opens exclusive section in Vietnam K-Market

Home&Shopping opens exclusive section in Vietnam K-Market

South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the...

E-Mart opens 3rd store in Vietnam, spurs K-food marketing

E-Mart opens 3rd store in Vietnam, spurs K-food marketing

South Korea’s E-Mart Inc. will open its new hypermarket in Ho Chi Minh City on Dec. 7, accelerating sales of its private label No Brand produc...

Daesang launches K-style chicken dipping sauces

Daesang launches K-style chicken dipping sauces

South Korea’s Daesang Corp. announced on Tuesday that its global food brand O’food launched two new chicken dipping sauces Swicy (sweet ...

The Hyundai Seoul, a must-visit for young foreigners

The Hyundai Seoul, a must-visit for young foreigners

The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in t...

CJ CheilJedang introduces K-Food in EzyMart across Australia

CJ CheilJedang introduces K-Food in EzyMart across Australia

South Korean food company CJ CheilJedang Corp. on Thursday announced its foray into Australia's convenience store sector by introducing its popular ...

Foreign visitors to S.Korea on course to top 10 mn milestone

Foreign visitors to S.Korea on course to top 10 mn milestone

The number of foreign visitors to South Korea spiked 158.3% to 1.23 million in October from the month previous, the Korea Tourism Organization said ...

KOTRA to support K-startups in European expansion

KOTRA to support K-startups in European expansion

The Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday the establishment of a South Korean pavilion at the upcoming SLUSH 2023, ...

Hanjin to strengthen logistics for K-fashion brands

Hanjin to strengthen logistics for K-fashion brands

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Tuesday that it plans to strengthen Swoop, a logistics service o...

S.Korean gov't to support export of postnatal care centers

S.Korean gov't to support export of postnatal care centers

The South Korean government will support the overseas expansion of domestic postnatal care centers. South Korea's Ministry of Economy and Fin...

Cosmax targets Thailand with K-beauty cosmetic formulations

Cosmax targets Thailand with K-beauty cosmetic formulations

Cosmax Inc., South Korea's largest cosmetics manufacturer that specializes in original design manufacturing (ODM), announced on Monday that it is ac...

SM Entertainment invests in tech startup, music label

SM Entertainment invests in tech startup, music label

K-pop powerhouse SM Entertainment Co. invested 1 billion won ($774,353) in a local app development startup valued at 20 billion won in June 2022 via...

S.Korea sees new record of instant noodle exports

S.Korea sees new record of instant noodle exports

South Korea's exports of ramen exceeded 1 trillion won ($780 million) for the first time. Korean ramen is celebrating its 60th anniversary this year...

LG Elec unveils shoe care appliance at ComplexCon 2023

LG Elec unveils shoe care appliance at ComplexCon 2023

LG Electronics Inc. unveiled its dedicated shoe care appliance Styler Objet Collection ShoeCare and ShoeCase at ComplexCon 2023 in Long Beach, Calif...

Investors roundtable: Watch out for a possible recession

Investors roundtable: Watch out for a possible recession

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

Lunit gets FDA approval for AI cancer diagnosis solution

Lunit gets FDA approval for AI cancer diagnosis solution

South Korean medical AI company Lunit said on Tuesday its Lunit Insight DBT, an AI imaging diagnosis solution aiding in breast cancer diagnosis, has...

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus buys pet Airbnb-style startup to boost pet care services

LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...

Hyundai Motor's K-UAM One Team collaborates with Incheon

Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

K-chicken chain BB.Q opens fourth restaurant in Philippines

K-chicken chain BB.Q opens fourth restaurant in Philippines

South Korea’s leading fried chicken franchise BB.Q Chicken announced on Wednesday it opened its fourth restaurant at The Shops in Manila, th...

SK E&S, K-water to jointly develop homegrown green hydrogen facilities

SK E&S, K-water to jointly develop homegrown green hydrogen facilities

South Korea's SK E&S announced on Tuesday it signed a memorandum of understanding (MOU) with Plug Power, K-water, and SK Plug Hyverse to expand ...

Netmarble sells 6% stake in BTS label HYBE in block deal

Netmarble sells 6% stake in BTS label HYBE in block deal

South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...

Brits to enjoy K-food Bibigo at home with delivery service

Brits to enjoy K-food Bibigo at home with delivery service

South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the expansion of the As...

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...

SK Networks invests $20.7 mn in pet care startup

SK Networks invests $20.7 mn in pet care startup

South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...

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...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading