Korea Venture Investment creates global fund worth $2 billion
Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...
BTS may have to serve in South Korean army
It appears the world’s top boy band BTS will have to serve in the South Korean military as lawmakers in the country have so far failed to agre...
Sustainable packaging firm SUPASO wins grant, office space via D.DAY event
D.CAMP, Korea’s non-profit foundation focused on helping young entrepreneurs, has joined forces with SK ecoplant Co., Ltd. to find promising...
BTS becomes first Asian act to win top AMA honor
The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...
BTS, TWICE to lead restart of K-pop global live concerts
K-pop artists such as BTS and TWICE are set to resume global live concerts – suspended by the global pandemic for about two years – as c...
Seoul commits $204 mn to attract foreign-invested firms by 2026
Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...
HYBE, Korea cryptocurrency exchange operator to co-launch BTS NFTs
HYBE Co., the label behind BTS, is expected to launch non-fungible tokens (NFTs) for assets of the world’s top boy band alongside the operator...
Goldman promotes TMT banker to MD in Seoul
Goldman Sachs Group Inc. on Nov. 2 announced the promotions of two Korean executive directors in its Seoul office to managing directors (MDs), the b...
BTS drops Sony for Universal
The world’s biggest boy band is joining forces with the world’s largest music company.South Korea’s BTS has agreed to a ...
Sweden's EQT staffs up in Asia with focus on Korea
EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...
EQT to open Seoul office by yr-end to source Korean deals
EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...
Hilton Seoul to be redeveloped as mixed-use complex
Millennium Hilton Seoul will likely join the ranks of five-star hotels in downtown Seoul that were sold for redevelopment into luxury residential or...
Korea private debt growth at record high of $98 bn in Q2
South Korea’s private sector debt jumped near $100 billion in the April-June period, a record high of quarterly growth, amid an overheating pr...
POSCO to transfer hydrogen steel tech to industry peers for shared growth
The Hydrogen Iron & Steel Making (HyIS) Forum led by the steelmaker POSCO officially opened Oct. 6 in Seoul with more than 1,200 industry partic...
Police fund to appoint equities specialist as CIO
South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...
BTS heads to LA for first live concert since COVID-19
BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...
Seoul may curb margin loans to rein in household debt
South Korea is considering curbing margin loans offered by brokerage companies to stock investors, as part of the government efforts to rein in soar...
Monroe Capital opens first Asian outpost in Seoul
The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...
Seoul Q2 office prices rise at fastest rate in 10 yrs
Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...
NPS in $2 bn real estate development project in Seoul
The National Pension Service (NPS) has agreed to participate in a 2.6 trillion won ($2.2 billion) real estate development project in western Seoul, ...
BTS producer tops the list of H1 highest-paid Koreans
Senior executives of HYBE Co., South Korea's leading K-pop agency, topped the three spots on the first-half list of highest-paid South Koreans, with...
Office tower near Seoul up for sale for about $900 mn
Alpharium Tower, a landmark office tower in Pangyo Techno Valley near Seoul, will be put on the market later this year, which is expected to fetch t...
Seoul property prices rise at world's fastest rate
The commercial real estate market in Seoul saw the fastest rate of price growth among all the gateway cities in the world over the past 12 months, w...
S.Korea's top laundry franchise Cleantopia sold to PEF
South Korea's largest laundry service provider Cleantopia Co. was sold on Tuesday for about 190 billion won ($165 million) to Seoul-based JKL Partne...
MBK chair says philanthropy, writing are equally important in his life
Michael ByungJu Kim, founder and chairman of Korea’s largest private equity firm MBK Partners, will donate 30 billion won ($26 million) to the...
Seoul to create K-beauty road as part of interactive tourism
South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....
Lessons learned from Blackpink label's M&A flops
South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profitable golf business in...
Lee Kun-hee’s art collection exhibited from this month in Seoul
The lavish art collection donated by the Samsung Group following the death of group chairman Lee Kun-hee will be shown to the public from July 21. The...
Disney Plus' S.Korea launch delayed after Netflix's court loss
Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...
Woowa Brothers launches last-mile indoor food delivery robot in Seoul
Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...
