S.Korea exports halal-certified beef to Malaysia for 1st time
Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...
Korea’s trade deficit with China runs deep; chip support required
Just like its neighboring countries in Asia, South Korea’s economic growth has long been swayed by the ups and downs of China, which heavily r...
CJ Olive Young to develop inner beauty as new growth engine
South Korea's top beauty chain CJ Olive Young said on Thursday that it plans to capitalize on the growing market for inner beauty, positioning it as...
Japan sends most tourists to S.Korea in May: tourism body
Most visitors to South Korea last month were from Japan. The Korea Tourism Organization on Thursday said its tourism data found that the number...
S-Oil hits 52-week low on earnings concerns
S-Oil Corp. hit a 52-week low on Thursday as analysts slashed earnings estimates for the South Korean oil refiner.The stock hit its lowest level sin...
JW Pharma unveils S.Korea's first homegrown hybrid incubator
South Korea's JW Pharmaceutical on Wednesday released three products from its new incubator brand Hi-Mammi.The company's rollout of hybrid and high-...
S.Korea opens doors wider for skilled foreign workers
South Korea will raise the country’s visa quota for skilled foreign workers by 15 times from the previous level to ease chronic labor shortage...
Noroo Paint unveils biodegradable plastic container
South Korea’s Noroo Paint on Wednesday said it developed an eco-friendly plastic container capable of oxidative biodegradation for its main pr...
Hyundai’s IONIQ 6 named Best EV of 2023 in US
Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...
S.Korea, Japan to resume bilateral currency swap for dollars
South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an eight-year suspensio...
LG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...
Kakao Healthcare to build metaverse healthcare platform
Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...
Arkema buys S.Korea's PI Advanced for about $800 mn
Arkema, a French specialty materials producer, on Wednesday signed an agreement to purchase a 54.07% stake in South Korea’s PI Advanced Materi...
POSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...
Interpark Triple sees surge in sales of Japan tours, activities
Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...
Doosan inks $214 mn deal for Korea combined cycle power plant
Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key components such as a gas tu...
EVs lack luster in S.Korea’s secondhand car market
Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...
Innocean opens K-ramen pop-up store in Bangkok
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has opened a South Korean ramen pop-up store in Bangko...
Airplane hangar built in Heart of S.America by KOICA
The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub is gaining momentum.K...
S.Korea to inject more than $2.3 bn in quantum science, tech by 2035
South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...
Samsung to invest $230 bn in Korea on speedy govt support
Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...
7-Eleven’s operator Korea Seven hit by rating cut
The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...
Kakao Mobility to develop mobility platform with Vietnam’s Phenikaa
South Korea's Kakao Mobility and Vietnam's Phenikaa Group have entered into a business agreement to foster technology collaboration within the mobil...
S.Korea to return to Japan’s preferential trade partner list in July
Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...
Korea’s KHNP wins project for tritium removal plant in Romania
State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...
S.Korean gov't unveils new K-tourism video ads
The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...
Hyundai Mobis overtakes Japan's Aisin on global auto parts market
South Korea's Hyundai Mobis has surpassed Japan's Aisin, its biggest competitor in auto parts excluding batteries, to break into the top five on the...
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
S.Korea's Naver Webtoon to expand IP-based operations
South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...
Hyundai Card, Visa form global data alliance
South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...
