Hanjin launches global C2C purchase platform Hoot Town

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

Piracy of S.Korean webtoon surges amid content boom

The South Korean industry of webtoons, or digital comics, has seen its original content illegally posted on foreign websites over the past few years...

Korea Western Power lands nation's first solar power order in Oman

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...

Boryung, Axiom Space to set up JV to explore space healthcare options

South Korea's Boryung Corp., just decades ago a mom-and-pop pharmacy, will bring its healthcare expertise to space with Axiom Space Inc., a US comme...

Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business

Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...

GC Biopharma wins $44 mn flu vaccine order from WHO agency

South Korea's pharmaceutical firm GC Biopharma Corp. said on Monday that it has won a $44.3 million (57.9 billion won) order for flu vaccines in a d...

Hyundai Motor, Kia to research EV energy with three universities

Hyundai Motor Co. and Kia Corp. will form a research ecosystem for sustainable electric vehicle (EV) energy with Seoul National University, Chung-An...

SK Plasma to build blood products plant in Indonesia

South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...

HYBE barely ups SM stake in tender offer amid tensions with Kakao

HYBE Co. has raised its stake in the K-pop pioneer SM Entertainment Co. by merely 0.98% in a tender offer, after just one institution and minority i...

S.Korea's Igaworks inks deal with Thai ad agency for data solutions

Igaworks, a big data platform company from South Korea, announced on Thursday a strategic partnership and solution supply deal with YDM Thailand, th...

S.Korea ranks fifth in global auto output for third straight year

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

Korea SMEs, Startups Agency cooperates with India's IIT

The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Tra...

DB Insurance acquires Vietnam's 10th largest insurer VNI

DB Insurance has acquired Vietnam National Aviation Insurance (VNI), Vietnam's 10th-largest property and casualty(P&C) insurance company. With a...

Korea's Daewoong to export diabetes drug Envlo to Brazil, Mexico

South Korea’s Daewoong Pharmaceutical Co. said on Feb. 24 it is set to embark on global sales of Envlo, a new drug for diabetes, by exportin...

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

US calls on 2 S.Korean pharmaceutical companies for swift end to legal battle

Following its lawsuit against Daewoong Pharmaceutical, South Korea's Medytox Inc. is waging an all-out legal war against domestic counterpart Hugel ...

Dongwon solo bidder for Boryung Biopharma estimated at $385 mn

South Korea’s leading seafood and logistics conglomerate Dongwon Group is seeking to buy local biopharmaceutical company Boryung Biopharma Co....

AmCham pledges to make S.Korea Asia's top biz hub

The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on the 70th anniversar...

Hyundai Heavy to develop core technology for seawater electrolysis system

Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...

LG Elec gets vehicle cyber security certification from German agency

LG Electronics Inc., a leading South Korean home appliance maker, said on Monday that it has obtained ISO/SAE 21434 certification for its vehicle co...

Korea United Pharm signs contract to supply medicines to Saudi Arabia

Korea United Pharm. Inc. announced on Monday that it signed a contract to supply nine types of medicines, including 11 anticancer drugs, to Saudi ph...

Brazil approves Celltrion Pharm’s syringe facility

Celltrion Pharm Inc., a South Korean biopharmaceutical company, said on Monday it received certification from Brazil’s health regulator for it...

S.Korea to lure global talent with high pay for space agency

South Korea is set to attract global talent with high salaries for a planned government space agency as the country aims to boost long-term growth i...

POSCO Int'l's pharmaceutical biz in Sudan attains No. 2 market ranking

A pharmaceutical company in Sudan set up by South Korea's POSCO International to find business opportunities in and make social contributions to the...

SK Biopharm holds sales meeting for marketing Cenobamate in US

On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...

Zigbang signs agreement with Saudi's National Housing Company

On Monday, South Korean proptech company Zigbang announced a partnership with Saudi Arabia's National Housing Company with the goal of digitalizing ...

LG provides electronics service training to Cambodian youths

LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...

Hanmi Pharmaceutical reports record-high revenue in 2022

South Korea's Hanmi Pharmaceutical Co. last year saw record-high performance thanks to its self-developed drugs, surpassing its previous best year o...

SK Hynix set for largest-ever corporate bond issue at bargain prices

SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...

Medytox to sell off 2.2 mn shares of Daewoong's American partner Evolus

Medytox Inc. said in a regulatory filing on Wednesday that it is selling off approximately 2.19 million shares of Evolus, Daewoong Pharmaceutical's ...