Doosan Enerbility to introduce carbon reduction tech at Thai power plant

South Korea's Doosan Enerbility Co. plans to introduce carbon reduction technologies, including ammonia co-firing and carbon capture, utilization an...

SK Innovation looks to merge with SK E&S for organic growth

SK Innovation Co., the parent of South Korea’s largest oil refiner SK Energy Co. and battery maker SK On Co., is looking to merge with energy ...

Hanwha Aerospace closes in on Romania’s howitzer deal

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is highly expected to bag a $920 million contract to supply ...

LG Elec, ChargePoint to collaborate for EV charging

LG Electronics Inc. announced on Wednesday that it had recently signed a business agreement with the No. 1 electric vehicle (EV) charging operator (...

CJ CheilJedang makes alternative flour with wheat bran

South Korean food giant CJ CheilJedang Corp. has engaged in an upcycling business by utilizing wheat bran, previously discarded as a milling byprodu...

LG CNS gets AWS Generative AI Competency

LG CNS Co., a cloud computing services arm of South Korea's LG Corp., announced on Wednesday that it achieved the AWS Generative AI Competency from ...

Value in the middle market: Smaller size means greater potential

Middle market direct lending can mean different things to different lenders and investors. Many, if not most, would agree that companies with over $...

Noul, CDC to start Malaria diagnosis project in Kenya

South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...

SK Networks to split off SpeedMate, trade division

South Korea's SK Networks Co. plans to split off its auto management division SpeedMate and its trading unit.The board of directors approved the pla...

Hanjin expands European logistics bases

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Monday that it will expand its European bases, including establi...

S.Korean companies open K-food section at Amazon

South Korean small and medium-sized enterprises (SMEs) will showcase Korean food (K-food) on Amazon, the world's largest e-commerce platform, the Mi...

Innocean produces Hyundai Motor ad using GenAI

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, said on Friday that it launched three new digital campaigns...

Hyundai, LG Energy to jointly develop EV battery swapping service

South Korea’s Hyundai Motor Co. will join forces with the world’s leading battery maker LG Energy Solution Ltd. to launch electric vehic...

Asia's largest startup fair NextRise 2024 held in Seoul

The Korea International Trade Association and Korea Development Bank announced on Thursday that the Asia's largest startup fair "NextRise 2024 Seoul...

Doosan Enerbility to expand power generation biz in Kazakhstan

South Korea's Doosan Enerbility Co. announced on Thursday that it signed a cooperation agreement and memorandum of understanding (MOU) with Kazakh s...

SK, Geely join forces for EV battery, component production

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, will join forces with Chinese auto giant Zhejiang Geely Holding Gro...

KEPCO, EVN to promote new power business in Vietnam

Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, and Vietnam Electricity (EVN) have agreed to collaborate on new busi...

POSCO Int'l breaks ground on traction motor core plant in Poland

South Korea's POSCO International Corp., broke ground on the new electric vehicle (EV) traction motor core plant in Brzeg, Opole Voivodeship, Poland...

Hyundai Transys to export EV drive systems to CEER

Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, announced on Wednesday that it signed a contract to supply a 3 trillion won ($...

Korea may mandate pension plans for all workplaces from 2025

South Korea is seeking to introduce corporate pension plans to all workplaces in stages starting next year, alongside mandatory contributions to the...

HYBE accelerates transition into platform company

HYBE Co. is accelerating its push to transform into a platform company as it prepares to launch a new digital fan community platform. This platform ...

LG Chairman Koo to embark on US trip to oversee battery, AI projects

Koo Kwang-mo, chair of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business trip to the US next week to seek new g...

Lotte Home Shopping to unveil Bellygom game

South Korea's Lotte Home Shopping announced on Monday that it will release a mobile game called Bellygom Match Land, leveraging the intellectual pro...

S.Korean IT companies partner with K-pop girl groups

South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...

HD KSOE gets $100 mn order for two PC ships

South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Friday that it has recently signed a contract with a Europ...

Hanmi Semiconductor wins $110 mn HBM equipment order from SK Hynix

South Korean chip equipment company Hanmi Semiconductor Co. announced on Friday that it has received an order from SK Hynix Inc. for its dual TC bon...

Hanwha Ocean gets approval for LCO2 carrier from ABS

South Korea's Hanwha Ocean Co. said on Thursday it received Approval in Principle (AIP) from classification society ABS for a 40,000 cubic meter liq...

Doosan Bobcat ramps up Chennai plant in India

Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday that it compl...

LG Energy, ADI tie up for fast-charging EV battery technologies

LG Energy Solution Ltd., the world’s No. 3 electric vehicle battery maker, joined hands with US chipmaker Analog Devices Inc. (ADI) on advance...

CJ Logistics, Libiao Robotics partner to co-work for robotic system

South Korea's CJ Logistics said on Tuesday that it signed a memorandum of understanding (MOU) to establish a strategic partnership with global rob...