Samsung Elec to develop Vietnam as global strategic base

Samsung Elec to develop Vietnam as global strategic base

Samsung Electronics Co., the world’s top memory chip and smartphone maker, aims to nurture Vietnam as a global strategic base as it opens a ne...

Hyundai's Tucson named BBC Top Gear's Best Family Car

Hyundai's Tucson named BBC Top Gear's Best Family Car

Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...

SK Energy, Naver agree to develop gas stations into logistics hubs

SK Energy, Naver agree to develop gas stations into logistics hubs

SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...

LegoChem Bio, Amgen sign ADC platform deal for up to $1.2 bn

LegoChem Bio, Amgen sign ADC platform deal for up to $1.2 bn

South Korean pharmaceutical firm LegoChem Biosciences Inc. said on Dec. 23 it has transferred the antibody-drug conjugates (ADC) technology platform...

Korean think tank urges focus on 'yold' demographic in clothing market

Korean think tank urges focus on 'yold' demographic in clothing market

South Korea's Samsung Fashion Institute on Thursday announced "Dive In" as the keyword for next year's trends in the fashion industry, meaning that ...

Doosan Enerbility to introduce ammonia co-fired power plant in Vietnam

Doosan Enerbility to introduce ammonia co-fired power plant in Vietnam

Doosan Enerbility Co. plans to introduce an ammonia co-fired power plant in Vietnam jointly with South Korean and Vietnamese research institutes.Sou...

KAI to develop Korea's first mine-sweeper helicopter

KAI to develop Korea's first mine-sweeper helicopter

Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...

Fortune 500 has just 16 Korean companies: study

Fortune 500 has just 16 Korean companies: study

Sixteen South Korean corporations are on Forbes' Global 500 list, a survey found.Critics say the distribution of the nation's leading companies is t...

Korean confectionery and snack co. Orion enjoys brisk sales in Vietnam

Korean confectionery and snack co. Orion enjoys brisk sales in Vietnam

South Korea’s confectionery and snack maker Orion Corp. is enjoying rapid growth in Vietnam, thanks to brisk sales of the Choco-Pie, a chocola...

Video streaming platform Wavve acquires K-content provider KOCOWA

Video streaming platform Wavve acquires K-content provider KOCOWA

South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang develops biodegradable cosmetic containers

CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...

CU to introduce shopping platform on metaverse

CU to introduce shopping platform on metaverse

Convenience store chain CU said on Thursday that it would introduce a meta-commerce service where online business activities take place on the met...

Lotte Mart opens 50th Indonesian store in Serpong

Lotte Mart opens 50th Indonesian store in Serpong

Lotte Mart said on Thursday that it would open its 50th store in Serpong, Indonesia. The store is 4,628 square meters, with more than 80% of the tot...

Hanwha E&C, Panasia sign joint hydrogen production agreement

Hanwha E&C, Panasia sign joint hydrogen production agreement

The construction division of Hanwha Corp. said on Wednesday that it has signed an agreement to produce hydrogen based on biogas with Panasia, an eco...

Stayfolio receives $7.7 mn in Series A investment

Stayfolio receives $7.7 mn in Series A investment

South Korea's property-rental platform Stayfolio announced on Wednesday that it has won 10 billion won ($7.7 million) worth of additional investment...

Hyundai Mobis, Ottopia tie up for remote mobility tech

Hyundai Mobis, Ottopia tie up for remote mobility tech

Hyundai Mobis Co., the world’s sixth-largest automotive part supplier, and Israeli teleoperation startup Ottopia Technologies Ltd. have joined...

Mom's Touch opens 2nd restaurant in Bangkok

Mom's Touch opens 2nd restaurant in Bangkok

South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...

ToolGen, ANLBIO to jointly develop progeria treatments

ToolGen, ANLBIO to jointly develop progeria treatments

South Korea's two biotech startups ToolGen Incorporated and ANLBIO on Tuesday signed a joint research and development agreement for developing proge...

SK E&S builds world's largest production base for blue hydrogen

SK E&S builds world's largest production base for blue hydrogen

South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...

S.Korean biopharmaceutical sector to see brisk M&As in H1, 2023

S.Korean biopharmaceutical sector to see brisk M&As in H1, 2023

An expert says the first half of next year will see the start of brisk M&As in biopharmaceuticals targeting strategic investors.Pyeon Jae-seong,...

GS E&C inks deal with AirFirst on industrial gas tech development

GS E&C inks deal with AirFirst on industrial gas tech development

GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...

Korean holding firms likely to post bigger dividend payouts in 2022

Korean holding firms likely to post bigger dividend payouts in 2022

South Korea's major holding companies are expected to set higher dividends per share (DPS) at end-2022 than in previous years, a Samsung Securi...

More S.Koreans buy, sell homes online without realtors

More S.Koreans buy, sell homes online without realtors

South Korea’s top online flea market Danggeun Market and other platforms are growing more popular for property deals as home sellers look for ...

Mirae Asset introduces AI investment info service

Mirae Asset introduces AI investment info service

Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...

Korean gaming giants racing for metaverse win

Korean gaming giants racing for metaverse win

Have you ever wondered what the metaverse really is? So far, the consensus is that it's a virtual world that can accommodate pretty much every socia...

Hanwha Systems to build network to share land, sea, air target info

Hanwha Systems to build network to share land, sea, air target info

South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...

KKR to buy 100% stake in SK E&S' Busan City Gas for $561 mn

KKR to buy 100% stake in SK E&S' Busan City Gas for $561 mn

Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...

T'way Air launches Pikachu Jet TW

T'way Air launches Pikachu Jet TW

T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...

Korean LG CNS to expand digital marketing biz with DX tech

Korean LG CNS to expand digital marketing biz with DX tech

South Korea’s LG CNS Co., the information technology service arm of LG Group, is geared up to expand the digital marketing business for growth...

Korean kids' future career choices are athletes, teachers, YouTubers

Korean kids' future career choices are athletes, teachers, YouTubers

A survey revealed that the number of middle and high school students who opted for computer engineers and software developers as their future career...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race