S.Korea sets Nuri space rocket’s third launch on May 24
South Korea will conduct a third attempt to launch its first domestically designed and developed space rocket Nuri on May 24. The Ministry of Scien...
S.Korea sees release of generic diabetes drugs after Forxiga patent expires
South Korea's pharmaceutical companies are competing to sell generic drugs to raise their presence on the domestic market for diabetes treatment wit...
South Korea groans under snowballing national liabilities
South Korea’s liabilities ballooned last year following heavy fiscal spending related to the COVID-19 pandemic to buttress growth in Asia...
S.Korea plans to launch its own version of NASA this year
South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...
Robot dog Spot joins in S.Korea’s World Expo bid efforts
Spot, a dog-like robot developed by South Korea’s top automaker Hyundai Motor-owned Boston Dynamics Inc., has joined in the country’s bi...
S.Korea to cut COVID-19 quarantine from seven days to five in May
South Korea’s mandatory quarantine for confirmed COVID-19 patients from May will be cut from seven days to five, as the country is expected to...
Clearstream acquires QFI status from S.Korea's National Tax Service
Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...
S.Korea's Amorepacific opens new space in metaverse
Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...
Korea's Kolon Group takes first step successfully in space launch vehicle biz
South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test launch vehicle in Ko...
KT, Amano Korea join hands to develop smart parking solutions
South Korean telecom operator KT Corp. announced on Wednesday that it has signed a business agreement with parking control system specialist Amano K...
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...
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...
Samsung denies claim of fake moon photo by premium smartphone model
Samsung Electronics Co. has denied that a photo of the moon in the night sky taken by its premium smartphone Galaxy S23 Ultra is fake, saying as soo...
HD Hyundai units to showcase unmanned equipment at US expo
Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...
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...
CJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...
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 ...
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...
LowCarbon, Space Florida sign agreement to build hydrogen hub
LowCarbon, South Korea's climate tech company, has signed an agreement on Thursday with Space Florida and Ocean Green Hydrogen, a Tampa-based climat...
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...
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 ...
S.Korea's Samsung C&T wins 2023 Asia Design Prize
On Monday, Samsung C&T Corp.'s construction division announced that Dongrae Raemian iPark in Busan, South Korea, a project in which it participa...
Samsung launches Galaxy S23 series in 55 markets worldwide
Samsung Electronics Co. announced on Friday the release of its latest flagship smartphone, the Galaxy S23 series, in 55 markets around the world, in...
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...
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 ...
KAL introduces self-service bag drop for domestic flights
South Korea's flagship carrier Korean Air Lines Co. is the first airline in the country to adopt self-service bag drop on domestic flights.The compa...
S.Korea's Woowa Brothers launches professional service robot affiliate
Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...
