EOFlow's insulin injection pump starts to be sold in UAE

EOFlow's insulin injection pump starts to be sold in UAE

South Korea's medical device maker EOFlow Co. started selling the wearable insulin pump EOPatch in the United Arab Emirates.The company said on Tues...

Zigbang signs agreement with Saudi's National Housing Company

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 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 ...

Hyundai Engineering builds nationwide EV infrastructure

Hyundai Engineering builds nationwide EV infrastructure

South Korea's Hyundai Engineering on Sunday said the country's Ministry of Environment selected the company to receive electric vehicle (EV) infrast...

KAL introduces self-service bag drop for domestic flights

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...

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH begins construction on stainless steel pipe plant in Saudi Arabia

SeAH Gulf Special Steel Industries (SGSI), a joint venture between South Korea's SeAH CSS and Saudi Arabian oil giant Aramco, has broken ground on a...

S.Korea's Woowa Brothers launches professional service robot affiliate

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 ...

S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia

S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia

South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and reduce sea pollution ...

KISA launches ASEAN Cyber Shield project for strengthening cyber security

KISA launches ASEAN Cyber Shield project for strengthening cyber security

The Korea Internet & Security Agency (KISA) on Monday has announced the launch of the "ASEAN Cyber Shield" project, a major international cooper...

LS Electric builds rail signal system in Taiwan for $39.8 million

LS Electric builds rail signal system in Taiwan for $39.8 million

South Korea's LS Electric Co. on Friday said the Railway Bureau of the Taiwanese Ministry of Transportation and Communications named the company the...

Celltrion Healthcare launches anti-cancer biosimilar Vegzelma in Japan

Celltrion Healthcare launches anti-cancer biosimilar Vegzelma in Japan

Celltrion Healthcare Co. Ltd. said on Thursday that it launched Vegzelma, a biosimilar to the anti-cancer drug Avastin (active ingredient: bevacizum...

Korea’s Samsung C&T to build modular homes in Saudi Arabia

Korea’s Samsung C&T to build modular homes in Saudi Arabia

Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build modular homes in Saud...

Ssangyong Motor swings to first quarterly profit in six years

Ssangyong Motor swings to first quarterly profit in six years

South Korea’s Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the Torres SUV launched ...

Korean government to finance $625 million for K-content in 2023

Korean government to finance $625 million for K-content in 2023

South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...

Korea proposes bigger tax breaks for chipmakers, key industries

Korea proposes bigger tax breaks for chipmakers, key industries

The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...

Hyundai to consider EV assembly plant in Saudi Arabia

Hyundai to consider EV assembly plant in Saudi Arabia

Hyundai Motor Group, South Korea’s top automaker, plans to consider building an assembly plant for electric vehicles and internal combustion e...

Rep. Yang Hyang-ja criticizes 8% tax cut for chipmakers as step backward

Rep. Yang Hyang-ja criticizes 8% tax cut for chipmakers as step backward

South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...

Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

Launch of Innospace's Hanbit-TLV rocket called off due to technical glitch

The Ministry of Science and ICT announced on Wednesday that it will invest 350 billion won ($273 million) to build a rocket launch site, which will ...

KCC's paint selected as World-Class Product for 14 consecutive years

KCC's paint selected as World-Class Product for 14 consecutive years

South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air Lines Co. announced on Wednesday that it has been newly included in the 2022 Dow Jones Sustainability World Index (DJSI) Korea announced ...

Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation

Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation

The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...

Doosan Enerbility gets int'l certification for offshore wind power system

Doosan Enerbility gets int'l certification for offshore wind power system

South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...

SK Energy buys stake in subscription car wash service

SK Energy buys stake in subscription car wash service

South Korea is seeing growth in the variety of services for the rising number of eco-friendly electric vehicles (EVs) on the nation's roads.Industry...

Korea Shinhan Financial taps banking unit head as group CEO

Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

MDimune signs research agreement with Australian National University

MDimune signs research agreement with Australian National University

MDimune, a South Korean biotech company, said on Wednesday that it had signed an agreement with the Clear Vision Research (CVR) Lab, a research grou...

Future transport center to make UAM, autonomous vehicle transfer easy

Future transport center to make UAM, autonomous vehicle transfer easy

The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...

Korea's foreign exchange reserves last month see first rise in 4 months

Korea's foreign exchange reserves last month see first rise in 4 months

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

Average household debt in South Korea exceeds $69,000 so far this year

Average household debt in South Korea exceeds $69,000 so far this year

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

First joint law office with overseas firm to open in Korea

First joint law office with overseas firm to open in Korea

The first South Korea-overseas joint law firm is set to start operations in Seoul.The joint firm of Korean law firm Hwahyun and UK’s Ashurst h...

S.Korean President Yoon to lead national space policy

S.Korean President Yoon to lead national space policy

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

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