bespin global vietnam tech center
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Retail
E-Mart opens 3rd store in Vietnam, spurs K-food marketing
South Korea’s E-Mart Inc. will open its new hypermarket in Ho Chi Minh City on Dec. 7, accelerating sales of its private label No Brand produc...
Dec 06, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma breaks ground on blood product plant in Indonesia
South Korea’s GC Biopharma Corp. broke ground on Wednesday on Indonesia’s first blood product plant through technology transfer.Indonesi...
Dec 06, 2023 (Gmt+09:00)
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Cryptocurrencies
WeMade to build WEMIX Play Center in Dubai
South Korea’s game developer and publisher WeMade Co. announced on Wednesday that it partnered with the Dubai International Financial Center's...
Dec 06, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks enjoy robust earnings in Asian emerging markets
Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...
Dec 05, 2023 (Gmt+09:00)
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Korean chipmakers
Global NAND chip sales up in Q3 amid Samsung output cut
Global sales of NAND flash chips slightly grew in the third quarter as industry leaders such as Samsung Electronics Co. cut output, a report showed ...
Dec 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis builds new electrification research center
South Korea’s Hyundai Mobis announced on Tuesday that it opened the Electrification Research Center in Euiwang, Gyeonggi Province, South Korea...
Dec 05, 2023 (Gmt+09:00)
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Energy
KHNP to promote i-SMR in Indonesia, Jordan
Korea Hydro and Nuclear Power Co. (KHNP) is promoting the introduction of innovative small modular reactors (i-SMR) in Indonesia and Jordan.KHNP ann...
Dec 04, 2023 (Gmt+09:00)
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Real estate
AEW, Pebblestone buy Korean logistics center for $238 mn
Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...
Dec 01, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea, Japan seal 3-year $10 bn currency swap deal
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...
Dec 01, 2023 (Gmt+09:00)
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Korean startups
Korea's startup ecosystem lags behind peers in global investments
South Korea’s startup environment lags behind major countries in terms of global expansion and foreign investment attraction, a report from st...
Nov 30, 2023 (Gmt+09:00)
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Construction
HD Hyundai taps RCE to go global with used heavy machinery
HD Hyundai Construction Equipment Co., the construction machinery provider under South Korean shipbuilding conglomerate HD Hyundai Group, will ventu...
Nov 29, 2023 (Gmt+09:00)
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Steel
Dongkuk CM develops world's first recycled color-coated steel sheets
Dongkuk Coated Metal Co. (Dongkuk CM), a cold-rolled steel subsidiary of Dongkuk Steel Mill Co., announced on Wednesday that it has succeeded in dev...
Nov 29, 2023 (Gmt+09:00)
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Korean startups
KOTRA to support K-startups in European expansion
The Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday the establishment of a South Korean pavilion at the upcoming SLUSH 2023, ...
Nov 29, 2023 (Gmt+09:00)
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Corporate bonds
More Koreans seek high-yield bond funds, betting the Fed will end hikes
South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...
Nov 28, 2023 (Gmt+09:00)
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Artificial intelligence
Hancom to unveil document creator like Mircrosoft's Copilot
Hancom Inc., a homegrown office suite developer in South Korea, is set to speed up its artificial intelligence business with a beta service of AI-po...
Nov 28, 2023 (Gmt+09:00)
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Batteries
Lotte Chem develops tech to improve EV battery durability
Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...
Nov 28, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov't to support export of postnatal care centers
The South Korean government will support the overseas expansion of domestic postnatal care centers. South Korea's Ministry of Economy and Fin...
Nov 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Delivery Hero-backed Baemin to exit Vietnam on low returns
Baemin, the top food delivery platform in South Korea, will exit Vietnam on Dec. 8 after four years of operations there amid fierce market competiti...
Nov 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Naver to launch global version of Whale browser in Q1 2024
Naver Cloud, the infrastructure subsidiary of South Korea’s online giant Naver Corp., plans to launch a global version of its Whale browser in...
Nov 26, 2023 (Gmt+09:00)
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Energy
Taihan Cable to bid for power distribution network in UK
South Korea's Taihan Cable & Solution Co. announced on Friday that it signed a memorandum of understanding (MOU) with the global infrastructure ...
Nov 24, 2023 (Gmt+09:00)
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Corporate strategy
Shinsegae head calls for drastic systems-centered reform
Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and s...
Nov 23, 2023 (Gmt+09:00)
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Bio & Pharma
KAIST, IVI to collaborate on global vaccine research
The Korea Advanced Institute of Science & Technology (KAIST) announced on Thursday that it signed a memorandum of understanding (MOU) with the I...
Nov 23, 2023 (Gmt+09:00)
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Infrastructure
Compelling investment opportunity in US data center market: Principal
Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...
Nov 23, 2023 (Gmt+09:00)
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Retail
S. Korea’s CU surpasses 500 global stores
South Korean convenience store chain CU announced on Thursday that it surpassed 500 global stores, achieving an annual footfall of 100 million overs...
Nov 23, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Webcash to expand Vietnam market with Miracom
South Korea's Webcash Co. announced on Wednesday that its affiliate Webcash Global signed a strategic business agreement with Miracom Inc. to expand...
Nov 22, 2023 (Gmt+09:00)
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Food & Beverage
Nongshim to launch Shin Ramyun Tomyum in Thailand
South Korean food and beverage giant Nongshim Co. announced on Wednesday that it will launch the first global collaboration products of its flagship...
Nov 22, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean aerospace firms to co-work for SLV
South Korea's aerospace companies will collaborate to secure launch vehicle technology for small satellites weighing less than 500kg. The Sou...
Nov 21, 2023 (Gmt+09:00)
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Automobiles
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...
Nov 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung closer to fully connected smart home vision
Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...
Nov 21, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank Vietnam opens PB branch in Hanoi
South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...
Nov 21, 2023 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul