S.Korean content biz event in Indonesia targets SE Asian consumers

S.Korean content biz event in Indonesia targets SE Asian consumers

An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...

LegoChem Bio receives FDA approval for phase 1,2 trials of LCB84

LegoChem Bio receives FDA approval for phase 1,2 trials of LCB84

South Korean pharmaceutical firm LegoChem Biosciences Inc. announced on Thursday that it has received approval from the US Food and Drug Administrat...

Asan Medical Center to establish digestive disease hospital in Dubai

Asan Medical Center to establish digestive disease hospital in Dubai

Asan Medical Center announced plans on Thursday to establish a 65-bed gastrointestinal specialized hospital in Dubai Healthcare City in Dubai, UAE, ...

Seoul preps to launch ferry service for tourists, commuters

Seoul preps to launch ferry service for tourists, commuters

The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...

L&F to jump-start anode business with Mitsubishi Chemical

L&F to jump-start anode business with Mitsubishi Chemical

L&F Co., a major cathode supplier in South Korea, has embarked on a grand plan to take its battery materials business to new heights with the ad...

Korea’s SK Square sells off entire stake in Grab as shares tumble

Korea’s SK Square sells off entire stake in Grab as shares tumble

SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...

US beats China to become S.Korea’s No.1 export destination in 2022

US beats China to become S.Korea’s No.1 export destination in 2022

South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 economy, whereas trade wi...

SK supports memorial monument honoring Korean War figures

 SK supports memorial monument honoring Korean War figures

South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...

Korean-style smart city to be introduced in Ukraine's Uman

Korean-style smart city to be introduced in Ukraine's Uman

The South Korean government has decided to support the development of a smart city in Uman located in central Ukraine. The Ministry of Land, Infrast...

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

S.Korean MMORPG 'Lost Ark' to launch in Chinese market

"Lost Ark," the popular South Korean MMORPG developed by Smilegate RPG, is set to make its debut in the Chinese gaming market next month. Tencent Ga...

Bread mimicking S.Korean penny embroiled in design theft controversy

Bread mimicking S.Korean penny embroiled in design theft controversy

The Bank of Korea (BOK) has announced that it is in talks with companies to change the design of the “Gyeongju 10 won bread,” which rece...

S.Korea has just 1.2% of world's corporate unicorns: study

S.Korea has just 1.2% of world's corporate unicorns: study

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

Renault to build new EV plant at its Korean base in Busan

Renault to build new EV plant at its Korean base in Busan

BUSAN – French automaker Renault S.A. will build a new electric vehicle manufacturing plant in South Korea to meet growing demand for eco-frie...

EU’s new battery act comes with caveats; headache for Samsung, Apple

EU’s new battery act comes with caveats; headache for Samsung, Apple

The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...

Singapore includes KS Standards in construction guidelines

Singapore includes KS Standards in construction guidelines

KS standards have been included in Singapore's Class 1 Building and Construction guidelines (BC1). As a result, it is expected that steel exports to...

Dong-A ENG Co.

Dong-A ENG Co.

Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive int...

HiteJinro tops global distilled liquor sales for 22nd consecutive year

HiteJinro tops global distilled liquor sales for 22nd consecutive year

South Korea’s leading soju maker HiteJinro Co. announced on Wednesday that it dominated the global distilled liquor market for the 22nd year i...

Lotte Rental CEO becomes first owner of Kia EV9

Lotte Rental CEO becomes first owner of Kia EV9

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

Tribunal partially accepts Elliott’s claims over Samsung merger

Tribunal partially accepts Elliott’s claims over Samsung merger

The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...

Yanolja looks to triple foreign visitors to Korea with K-culture tours

Yanolja looks to triple foreign visitors to Korea with K-culture tours

South Korea’s top travel and accommodation platform Yanolja Co. aims to nearly treble the number of foreign tourists to the country through it...

Battery materials firms revive Korean cities with new plants

Battery materials firms revive Korean cities with new plants

As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...

Busan Equity Partners launches core minerals business in Philippines

Busan Equity Partners launches core minerals business in Philippines

Busan Equity Partners (BEP), a South Korean private equity firm, is partnering with Philippine mineral development company PGMPI to develop overseas...

Affirma Capital’s Korean MD Thomas Shim promoted to partner

Affirma Capital’s Korean MD Thomas Shim promoted to partner

Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...

Tmap Mobility to launch EV charging delivery service

Tmap Mobility to launch EV charging delivery service

South Korean navigation app company Tmap Mobility announced on Tuesday that it will launch a mobile electric vehicle (EV) charging delivery service ...

Openedges develops interface supporting Samsung's 5nm process

Openedges develops interface supporting Samsung's 5nm process

Openedges Technology, South Korean semiconductor design intellectual property (IP) platform, announced on Tuesday its plans to produce physical...

Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US

Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US

Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...

Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months

Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months

The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...

S.Korea-Iraq Joint Committee resumes operations after six years

S.Korea-Iraq Joint Committee resumes operations after six years

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

S.Korean SMEs unprepared for Indonesia’s mandatory halal certification

S.Korean SMEs unprepared for Indonesia’s mandatory halal certification

South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...

Hanwha Aerospace partners with UK's Vertical Aerospace for UAM

Hanwha Aerospace partners with UK's Vertical Aerospace for UAM

South Korea's Hanwha Aerospace Co. announced on Tuesday that it has signed a memorandum of agreement (MOA) with Vertical Aerospace (VA), a UK compan...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August