Project of the Year awards

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...

Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity fund (PEF...

South Korea’s activist investors are set to routinize campaigns all year long rather than launch fresh moves only before annual general meetin...

The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Miniso, a household goods store known as "the Chinese version of Daiso", has re-entered South Korea after three years.According to the retail indust...

The South Korean fintech industry, which bloomed a decade ago, is poised to take the next step for the coming 10 years after prominent players began...

Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...

LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt...

Korea Hydro & Nuclear Power Co. (KHNP) on Thursday inked a final agreement with Romania’s Societatea Nationala Nuclearelectrica (SNN) to r...

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...

South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest econom...

South Korean tech giant Naver Corp.-backed NXN Labs Inc., the developer of an artificial intelligence-powered image generation program, aspires to b...

SK Pharmteco Co., a contract development and manufacturing organization (CDMO), has secured an obesity treatment order worth up to 2 trillion won ($...

South Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to jointly build a 120-megaw...

South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...

South Korea's Hanmi Pharmaceutical Co. said on Friday that Beijing Hanmi Pharm, its subsidiary in China, held the groundbreaking ceremony for a proj...

Hanwha Engineering & Construction Co., an affiliate of South Korea’s Hanwha Group, said on Friday it is set to fully resume a $10.4 billio...

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...

South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in their battery joint venture plant in Lansing, Michi...

Cash holdings at South Korean companies have soared to a record-high level, data showed on Monday. Companies are stepping up efforts to raise cash t...

Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s cloth...

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in IndonesiaSubscribers ...

Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...

Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...