air cargo sector

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...

Hyundai Heavy Industries Co. got approval for an initial public offering (IPO) from South Korea’s stock exchange. The country’s top ship...

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...

A sale of Daehan Shipbuilding Co., South Korea’s only shipbuilder under creditor protection, is to be completed within this year through a sta...

Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....

LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...

Jeju Air Co., South Korea’s largest low-cost carrier (LCC), seeks to raise some $175 million in new shares to boost its capital base, raising ...

Korean Air Lines Co. will issue green bonds as part of its 200 billion won ($176 million) corporate debenture issue -- to become the first among dom...

Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition l...

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...

South Korea’s second-largest automaker Kia Corp. has forged a partnership with Uber Technologies Inc. to supply electric vehicles in Europe fo...

Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business.  They are eng...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...

South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...

For the past 18 years I have worked in East Asia, four of them here in Korea and the last ten for the Swiss national trade and investment agency calle...

South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...

The ongoing shipping cargo crisis has brought record-high earnings results in the first quarter to South Korea’s largest container line HMM Co...

Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...

H-Line Shipping Co., South Korea's second-largest bulk transportation company, has resumed its initial public offering process after three years, as...

The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...

South Korea’s industrial nitric acid sector, currently led by Hu-Chems Co. with around a 90% market share, will see a change in the competitiv...

South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...

Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...

The 15-month-long family feud over the control of Korean Air Lines Co. has ended with group chairman Cho Won-tae’s win over his sister Cho Hyu...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

The Bank of Korea has asked the country’s financial institutions to reduce exposure in economic sectors that generate high levels of carbon em...