Woori Financial Sangam Center
Scope
Date
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Tech, Media & Telecom
SK Broadband to launch nationwide dedicated line service in S.Korea
South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...
Oct 17, 2024 (Gmt+09:00)
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Real estate
Korea’s financial exposure to real estate nearly doubles in 10 years
South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...
Oct 13, 2024 (Gmt+09:00)
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Asset management
KIS hosts 2024 Stifel Research Forum in Seoul
Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...
Oct 08, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Sep 27, 2024 (Gmt+09:00)
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Banking & Finance
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Sep 27, 2024 (Gmt+09:00)
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Corporate strategy
CJ Group explores Saudi Arabia's entertainment potential
CJ Group, South Korea’s food-to-entertainment giant, is exploring business opportunities in Saudi Arabia's entertainment and logistics sectors...
Sep 25, 2024 (Gmt+09:00)
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Automobiles
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Sep 25, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...
Sep 24, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial launches $75 mn PF restructuring support fund
South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...
Sep 19, 2024 (Gmt+09:00)
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Banking & Finance
India offers Korean firms detailed guidance for forays into India
India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South ...
Sep 17, 2024 (Gmt+09:00)
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Construction
Hyundai opens climate change response edu Center in Vietnam
South Korea's Hyundai Engineering Co. said on Thursday that it has established a climate change response education center in Thanh Hoa Province, Vie...
Sep 12, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Woori Bank adds two more branches in India
South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...
Sep 12, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix unveils powerful data-center SSD to maintain AI memory lead
South Korean chipmaker SK Hynix Inc. on Wednesday unveiled a new solid-state drive (SSD) for data centers to expand its memory leadership in the AI ...
Sep 11, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung strives to prevent musculoskeletal disorders in the workplace
Samsung Electronics Co., the world’s largest memory chipmaker, is striving to prevent musculoskeletal disorders (MSDs) in its workplace to imp...
Sep 09, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank opens overseas office in Monterrey, Mexico
Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico...
Sep 05, 2024 (Gmt+09:00)
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Logistics
Korean retailers ramp up fulfillment centers to hold AliExpress in check
South Korea’s leading retailers, including Coupang Inc., are ramping up their logistics capacities to counter aggressive forays into the count...
Sep 03, 2024 (Gmt+09:00)
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Banking & Finance
Hana Financial, SK Telecom buy shares in BitGo
Hana Financial Group and SK Telecom Co. acquired shares in BitGo Korea, the Korean unit of a global digital asset trust company, and decided to esta...
Sep 03, 2024 (Gmt+09:00)
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Corporate bonds
POSCO Int'l wins first credit rating from S&P, Moody's
South Korea's POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor's (S&P) and Moo...
Aug 30, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Woori signs $1.16 bn deal to acquire Tongyang, ABL Life from China’s Dajia
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...
Aug 28, 2024 (Gmt+09:00)
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Real estate
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...
Aug 27, 2024 (Gmt+09:00)
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Korean chipmakers
S.Korea's Asicland establishes Taiwan subsidiary
Asicland Co., South Korea's only design house contracted by TSMC, said on Monday that it launched a local subsidiary in Hsinchu, Taiwan.The Taiwan...
Aug 27, 2024 (Gmt+09:00)
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Corporate restructuring
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
Aug 25, 2024 (Gmt+09:00)
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E-commerce
Yanolja's Nasdaq IPO plan hit by Qoo10's liquidity turmoil
Yanolja Co., South Korea’s leading travel and accommodation booking platform operator, may delay its Nasdaq initial public offering plan due t...
Aug 23, 2024 (Gmt+09:00)
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Fashion
Kolon FnC to launch Italian high-end brand N21 in S.Korea
South Korea's Kolon FnC said on Thursday that it will launch the Italian high-end fashion brand N21 in South Korea.In August, Kolon FnC has secured ...
Aug 23, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card tops S.Korea's EPG ranking for financial institutions
South Korea's Shinhan Card said on Monday it was ranked as the leading company in the domestic financial sector in an environment, population, and g...
Aug 20, 2024 (Gmt+09:00)
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Corporate strategy
SK seeks sale of specialty gas unit for around $3 bn
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...
Aug 19, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial opens new headquarters in Ho Chi Minh City
South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...
Aug 19, 2024 (Gmt+09:00)
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Banking & Finance
Samsung's financial arms beat No.1 banking group KB in profit
Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...
Aug 16, 2024 (Gmt+09:00)
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Banking & Finance
Samsung’s Monimo set to disrupt Korea’s financial app market
Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...
Aug 14, 2024 (Gmt+09:00)
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Construction
S.Korea, Vietnam complete Smart City Cooperation Center in Hanoi
The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the Korea-Vietnam Smart C...
Aug 13, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet