Bando E&C commences second housing project in US

Bando E&C commences second housing project in US

South Korea's Bando Engineering & Construction Co. announced on Tuesday that it has embarked on its second housing development project, "The Bor...

Orion, VNUA to team up for potato production

Orion, VNUA to team up for potato production

South Korea’s confectionery and snack maker Orion Corp. announced on Friday that it signed a strategic partnership agreement with the Institut...

Korean military fund anchors $142 mn real estate fund

Korean military fund anchors $142 mn real estate fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, is set to become an anchor investor in...

Tata Daewoo triumphs in global market with 40% export surge

Tata Daewoo triumphs in global market with 40% export surge

South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...

Hyundai Motor in deal to secure lithium hydroxide from China’s Chengxin

Hyundai Motor in deal to secure lithium hydroxide from China’s Chengxin

South Korea’s top automaker Hyundai Motor Group has agreed to secure lithium hydroxide, a key raw material for electric vehicle batteries, fro...

South Korea Ban Takes Dog Meat Off the Menu

South Korea Ban Takes Dog Meat Off the Menu

SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have...

Digital healthcare, robot, AI chip startups among VCs’ 2024 top picks

Digital healthcare, robot, AI chip startups among VCs’ 2024 top picks

Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...

LG to double CES 2024 exhibition booth

LG to double CES 2024 exhibition booth

LG Electronics Inc. will double its dedicated exhibition booth for the LG Labs marketing platform at CES 2024, the world's largest IT and consumer e...

IONIQ 5 named Car of the Year 2023 in Singapore

IONIQ 5 named Car of the Year 2023 in Singapore

Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...

S.Korea to allow hiring of foreign workers in hotels, resorts

S.Korea to allow hiring of foreign workers in hotels, resorts

The South Korean government said on Friday that it would grant the hiring of foreign workers in hotels and resorts from next year.The hotel and reso...

South Korea eyes new Arab boom via free trade deal with GCC nations

South Korea eyes new Arab boom via free trade deal with GCC nations

South Korea has struck a free trade agreement with the Gulf Cooperation Council (GCC), a group of six Arab nations, paving the way for Seoul to stre...

Ocean carrier HMM's share price gains put KDB in hot seat

Ocean carrier HMM's share price gains put KDB in hot seat

On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development ...

Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...

POSCO Future M included in DJSI Asia Pacific Index

POSCO Future M included in DJSI Asia Pacific Index

South Korea’s battery materials maker POSCO Future M Co. announced on Tuesday that it was listed on Dow Jones Sustainability Asia/Pacific In...

Korea’s Growth Champions 2024 by Statista, Korea Economic Daily

Korea’s Growth Champions 2024 by Statista, Korea Economic Daily

Statista, the world’s leading data and intelligence company, has teamed up with The Korea Economic Daily to identify South Korea’s faste...

Korea’s Growth Champions 2024 list by Statista, Korea Economic Daily

Korea’s Growth Champions 2024 list by Statista, Korea Economic Daily

List of Korea’s Growth Champions 2024 Rank Company Absolute Growth Rate Compound Annual Growth Rate (CAGR) Revenue 2019 Revenu...

Generational shift in SK leadership with chairman’s cousin on front line

Generational shift in SK leadership with chairman’s cousin on front line

SK Group is setting out for a new era, tapping younger leaders in their 40s and 50s to lead South Korea’s second-largest group in its mission ...

LG Elec joins governing body of SOAFEE

LG Elec joins governing body of SOAFEE

LG Electronics Inc. announced on Thursday that it became the ninth member of the governing body of the Scalable Open Architecture for Embedded Edge ...

Kim Jong Un urges women to be good comrades — and give birth

Kim Jong Un urges women to be good comrades — and give birth

SEOUL—Kim Jong Un has a new mission for North Korean women: Have more babies.Kim acknowledged the impoverished nation’s plunging bi...

SK’s Chey proposes South Korea-Japan economic bloc akin to EU

SK’s Chey proposes South Korea-Japan economic bloc akin to EU

WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet ...

IMM among shortlisted bidders for special chemicals maker Songwon

IMM among shortlisted bidders for special chemicals maker Songwon

Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...

Hyundai ushers in future of car manufacturing in Singapore

Hyundai ushers in future of car manufacturing in Singapore

SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...

Hyundai Motor Group spins off three in-house startups

Hyundai Motor Group spins off three in-house startups

Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...

LG Elec separates new biz divisions into in-house entities

LG Elec separates new biz divisions into in-house entities

LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...

S.Korea turns more upbeat about economic recovery

S.Korea turns more upbeat about economic recovery

South Korea is more hopeful about a gradual recovery in the economy, driven largely by revived global demand for its mainstay export semiconductors,...

SK, Hyundai Motor's US JV, named Georgia's Deal of Year

SK, Hyundai Motor's US JV, named Georgia's Deal of Year

South Korea’s battery maker SK On and Hyundai Motor Group's joint battery project in Georgia, the US, was awarded the "Deal of the Year 2023 i...

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 bn Korea project mired by labor shortage

Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...

S.Korea's Emart24 to sell prefabricated house

S.Korea's Emart24 to sell prefabricated house

South Korea’s convenience store chain Emart24 partnered with YMK Construction to launch an innovative range of prefabricated houses, a first i...

S.Korea tops global shipbuilding orders in October, surpassing China

S.Korea tops global shipbuilding orders in October, surpassing China

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global ...

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

S.Korea to add India, Lithuania to list of nations eligible for E-9 visa

South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking wor...

Korea Investment & Securities, UBP seek private banking partnership Maru SF to open in Silicon Valley in November as Korean startup gateway Hanwha-owned burger chain Five Guys Korea up for sale two years after launch HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years