Project of the Year awards

South Korea's Samyang Foods Co. announced on Monday that it will strengthen its sauce business centered around its popular Buldak (hot chicken flavo...

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

South Korea's SK Ecoplant Co. will build a recycling facility for electric vehicle (EV) waste batteries in the eastern Chinese province of Jiangsu, ...

Hanyang Corporation Ltd., a South Korean construction firm, will join forces with German industrial gases and engineering company Linde AG to create...

DAEJEON – Samsung Electronics Co. will be able to overtake bigger foundry rival Taiwan Semiconductor Manufacturing Co. (TSMC) at the leading e...

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...

Vietnamese tourists splurged the most among foreign visitors to South Korea last year, filling the void left by Chinese travelers shunning Korea sin...

The second-quarter earnings outlook for South Korea’s biggest automaker Hyundai Motor Co. and its sister company Kia Corp. looks rosy as eased...

SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-l...

South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...

South Korea's largest food company CJ CheilJedang Corp., announced on Tuesday the launch of "Cuisine.K," a project aimed at discovering and nurturin...

South Korea’s SK E&S Co. will supply electricity generated from renewable energy to global chemical company BASF. SK E&S announced on...

South Korea’s leading construction companies, led by Hyundai Engineering & Construction Co. (Hyundai E&C), posted modest operating pro...

South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...

Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...

The home appliance division of LG Electronics Inc. posted its largest ever quarterly profit in the January-March period, exceeding the 1 trillion wo...

South Korea’s undersea cable company KT Submarine Co. said on Thursday that it has signed a 9.2 billion won ($6.85 million) contract with Japa...

Korean Air Lines Co. and Asiana Airlines Inc. are set to increase award seats while revising their membership terms and conditions to help customers...

HYBE Co. is set to wow the world again but this time with the much-hyped generative artificial intelligence technology as it plans to unveil an unpr...

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

South Korea's HMM Co. has partnered with GS Caltex for an eco-friendly biofuel project aimed at reducing greenhouse gas emissions, according to an...

Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...

South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...

After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, Hunan, China, has res...

POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long-term deal, which is...

WASHINGTON, D.C. –  US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four years to boost its cont...

South Korea will set a separate quota of 5,000 foreign workers to solve the labor shortage in domestic shipbuilding and accept 120,000 such workers ...

Yuanta Securities Korea lowered its target price for S-Oil Corp. to 100,000 won ($75) from 110,000 won on Tuesday, saying the oil refining industry ...

Korea Hydro and Nuclear Power Co. (KHNP) and its counterparts are now in a situation where most conditions have been met to allow them to sign a bin...

South Korea's medical tourism industry, which experienced a severe setback due to the COVID-19 pandemic, has shown considerable recovery, with the n...