From ramen to skincare, Samyang beats Toyo Suisan in market cap; APR nears Shiseido

As Korean food and beauty products ride a wave of enduring global demand, Samyang Foods Co. has overtaken Japan’s Toyo Suisan Kaisha Ltd., the...

Korea's pharmacies emerge as K-beauty destinations for tourists

On the afternoon of July 31, a sign at the entrance of Ready Young Pharmacy in Seoul's Donggyo-dong neighborhood welcomed visitors in Chinese, Japan...

S.Korea’s Bebesup earns China nod for baby skincare, eyes global expansion 

Bebesup, a leading South Korean baby skincare and wipe brand, has secured a registration certificate from the China National Medical Products Admini...

LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

Sales of K-Beauty surges in US e-commerce

The popularity of South Korean cosmetics in the US has increased, with sales of the products growing at four to five times the rate of the market ...

Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan

South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...

Lotte Chemical’s JV to boost specialty chemicals output

Lotte Chemical Corp.'s joint venture with Japan’s Tokuyama Corp. will ramp up specialty chemicals production to accelerate its shift from...

APR enters UK cosmetics market

South Korea's cosmetic and clothing company APR said on Monday that it entered PureSeoul, a UK-based distributor specializing in K-beauty.PureSeoul ...

APR, TJX to co-work for Medicube products sale in N.Amerca

South Korea's cosmetic and clothing company APR said on Wednesday it signed a supply contract with TJX Companies, the North America-based global ret...

South Korean beauty device makers bulk up through M&As

South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...

Hana Card, Toss Bank jointly launch PLCC card

South Korea's Hana Card announced on Friday that it partnered with Toss Bank to launch its first private label credit card (PLCC), the Toss Bank Cre...

Samsung C&T to participate in basic design of Romania SMR

Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, will participate in the basic design of the Romanian ...

Handsome's luxury skincare brand Oera lures Chinese tourists

South Korean clothing manufacturer and retailer Handsome Corp., a Hyundai Department Store Co. unit, is enjoying growing popularity among Chinese vi...

Lotte to halve basic chemicals in portfolio for profitability

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

KHNP builds i-SMR operation simulator

Korea Hydro & Nuclear Power (KHNP) announced on Friday that it established a simulator at its central research center to verify the operational ...

Amorepacific's Aestura to enter Thai market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter Thailand.Aestura joi...

Lotte Chemical builds AI organizations

South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...

Amorepacific's Aestura to enter Vietnamese market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter the Vietnamese ...

S.Korean public sector's ICT systems to fully convert to cloud

South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) systems in private clouds ...

Amorepacific's Laneige debuts in Mexican market

South Korean cosmetics giant Amorepacific Corp. announced on Monday that it is entering the Mexican beauty market with its globally popular skincare...

Amorepacific's Aestura to enter Japanese market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Wednesday that its derma cosmetic brand Aestura will enter the Japanese mark...

POSCO E&C supports construction workforce development in Argentina

POSCO E&C (formerly POSCO Engineering & Construction), the builder affiliate of South Korea's POSCO Group, announced on Wednesday that it ha...

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...

Korea’s KHNP inks nuclear power plant deal with Poland

Korea Hydro and Nuclear Power Co. (KHNP) signed an initial agreement for a nuclear power plant in Poland, paving the way to win an expected $30 bill...

Korea resolution on US EV incentives passes parliament

South Korea’s lawmakers on Thursday passed a resolution to officially express its concerns over the US Inflation Reduction Act (IRA) that remo...

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

GEPS taps Samsung Life's alternative investment head as CIO

Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....

Goldman exits Korean beauty startup without profit

Goldman Sachs has divested of its stake worth 75 billion won ($62 million) in South Korea's cosmetics startup GP Club Co. without a profit due to de...

Skincare giant Cosmax adds pet care line

South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...