South Korean LCCs soar as long-haul carriers struggle

South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...
South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...
The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...
H&Q Korea Partners and Hong Kong-based Aeneas Private Equity have put South Korea’s e-commerce platform 11Street Co. up for sale to recoup...
Hyundai Motor Co., South Korea’s top automaker, is set to invest an additional $744 million in India for a hydrogen ecosystem to lead the futu...
South Korean fried chicken chain bhc Chicken on Monday announced the opening of its third outlet in Singapore.bhc operates 10 stores in Southeast As...
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...
South Korea’s LG Uplus Corp. announced on Sunday that it has invested 10 billion won ($7.6 million) in 42Maru, a domestic language AI startup....
Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...
South Korean builders in financial distress are struggling to alleviate concerns over a potential liquidity crisis, which could put the already aili...
In 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourth consecutive year a...
North Korea's military conducted coastal artillery fire in the western part of the country on Friday.The North Korean military fired more than 200 a...
South Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to improve further this...
South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...
CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turb...
South Korea’s Hyundai Motor Group saw its vehicle sales in the US rise to an all-time high in 2023, driven by its latest models of recreationa...
South Korea's fried chicken chain Kyochon F&B announced on Thursday that it opened its third Kyochon Chicken store in Taiwan at the end of last ...
Korean Air Lines Co. released on Thursday a new in-flight safety video featuring a virtual human dressed as a flight attendant. This is the first ti...
LG Display Co., the world’s leading organic light-emitting display (OLED) maker in South Korea, will showcase its premium OLED gaming panel se...
CHARLESTON, WV – LG Electronics Inc. will form a fund with the State of West Virginia to inject $700 million over the next five years to foste...
South Korea stepped up an investigation into alleged technology leaks of a submarine developed by Daewoo Shipbuilding & Marine Engineering Co. t...
South Korean startups in the semiconductor, eco-friendly and electric vehicle battery sectors succeeded in attracting investors in the second half o...
Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...
South Korea's bio-regenerative medical firm CGBio announced on Tuesday that its Novosis Putty has been designated as a breakthrough device by the US...
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual...
South Korean major refiners are upping the ante to win the market for electric vehicle lubricants and liquid coolants for heat management amid the r...
The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...
South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...
Kream Corp., the resale platform of South Korean online portal giant Naver Corp., has emerged as the latest Korean unicorn with a valuation exceedin...
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car de...
Samsung Electronics Co. seeking to lead the next-generation memory market has moved a step closer to commercializing computer express link (CXL)-bas...