SSG.Com announces global first launch of Piaget's new watch
SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Orion teams up with Dutch Mill to tap Vietnamese dairy market
South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...
Korean boiler makers set sights on Central, South America
South Korea’s major boiler manufacturers are stepping up overseas expansion to diversify beyond the saturated domestic market, setting their s...
KDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...
Smilegate to host CFS Summer Championship 2023 in Vietnam
Smilegate Entertainment, a South Korean game developer and publisher, announced on Monday that it will host the "CFS Summer Championship 2023" in co...
Ourhome strikes catering deal with Vietnam's FPT Education
A prominent South Korean food service provider Ourhome Ltd. disclosed on Monday that it has penned a memorandum of understanding with FPT Education,...
Affinity's CJ Lee to become 3rd Korean executive to leave
Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...
S.Korean transformers invade US market on surging demand
South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...
Air travel from Korea roars back to everywhere, except China
Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...
S.Korean cosmetics overtake French as top imports in Japan
South Korean cosmetics topped the Japanese import market for the first time in 2022, surpassing French brands, the Yomiuri Shimbun reported Thursd...
Naver posts record Q2 operating profit on e-commerce, content
South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...
South Korean city seeks to build Asia's 1st MSG Sphere
A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...
Big Bang deregulation poised to bolster S.Korean ST market
South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...
S.Korean companies rushing to launch exotic AI-based services
Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...
S.Korean academics to verify truth of room-temperature superconductor
The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
APR’s fashion brand Nerdy opens two more stores in Vietnam
South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...
Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia
Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to Light: Eclipse, is now available on Google Play in ...
LabGenomics plans to buy 4 to 5 more CLIA labs in US by 2027
LabGenomics Co. will advance into the US diagnostics market with laboratories regulated by the country’s Clinical Laboratory Improvement Amend...
S.Korean carmakers post brisk sales on strong exports in July
South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...
S.Korean LLM by Upstage beats global benchmark ChatGPT
The latest artificial intelligence model of South Korean AI startup Upstage scored higher than ChatGPT by global AI giant OpenAI in a world-recogniz...
Soju: Well-known Korean alcoholic beverage
The Korean alcoholic beverage that foreigners are most familiar with is Soju, according to the Korean Food Promotion Institution. The institution re...
Super-large screens account for one third of Samsung’s TV sales
Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
SK Shieldus appoints former Samsung SDS president as new CEO
South Korean security company SK Shieldus announced on Tuesday that it has appointed Hong Won-pyo, former president of Samsung SDS, as its new CEO a...
Daesang's spicy rice cake project launches two products
With tteokbokki (spicy rice cake) drawing attention at home and abroad amid a South Korean food craze worldwide, domestic food company Daesang Corp....
IMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...
Fractional investing to gain traction in Korea with green light from FSC
Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...
