Staying 5 hours on cruise ship in Busan raises sales 30%: study

With the resumption of international cruise ship travel to South Korea, domestic credit card company BC Card says daily sales in commercial district...

Korean C&R Research to set up US, Thai units for global biz

C&R Research Inc., South Korea’s top contract research organization (CRO), plans to establish units in the US and Thailand this year while...

Korean game market needs new titles for breakthrough

South Korean game developers are struggling to revive gamers’ interest without releasing new blockbuster titles to fill the big shoes left by ...

Kombucha tea brands lure investors as diet drink market grows

South Korea’s medium-sized electronics components maker Phoenix Rising PTE Ltd. has agreed to invest 3 billion won ($2.3 million) in domestic ...

Samsung’s latest Galaxy smartphones, watches hit global markets

Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the shelves of the comp...

Hyundai's all-new Santa Fe to hit Korean market mid-August

Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...

LG Electronics’ projectors sweep world’s No. 3 golf market

Screen golf centers have become another gold mine for LG Electronics Inc. thanks to Koreans’ unwavering golf enthusiasm, which has made the wo...

Hyundai Elevator sets sights on global ‘Top 5’ ranking by 2030

Shanghai Hyundai Elevator, a subsidiary of South Korea’s Hyundai Elevator Co., unveiled on Thursday an ambitious plan to bolster its market sh...

Lotte Hotels & Resorts to launch premium kimchi product

Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...

Korean lifestyle brand Andar takes on Xexymix in athleisure market

South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market ...

Insatiable Hyundai Motor aspires to lead India with SUVs, EVs

Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...

Hanjin KAL secures liquidity to keep chairman's control of firm

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...

Samsung to unveil vision for chips resembling human senses at Tech Day

Chipmakers around the world have long aspired to develop semiconductors that can replicate human senses such as smell, hearing, vision, taste and to...

Orion teams up with Dutch Mill to tap Vietnamese dairy market

South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...

Korea’s time deposit rates head north on higher bank bonds’ coupon

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

LG Energy Solution tops global EV battery market excluding China in H1

South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

LG, Samsung vie for HVAC lead with green technology

South Korea’s long-time technology archrivals LG Electronics Inc. and Samsung Electronics Co. are upping the ante in the race to lead the grow...

S.Korean transformers invade US market on surging demand

South Korea’s heavy electrical equipment makers are expanding their presence in the US, the world’s second-largest electricity consumer,...

Dongwha Pharm to buy Vietnamese pharmacy chain at $30 mn

South Korea's Dongwha Pharm announced on Thursday that it signed an agreement to acquire a 51% stake in Trung Son Pharma, a leading pharmacy chain i...

With long-gone heyday, Capro clings to stake sale for survival

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

Hanwha Aerospace ventures into eco-friendly ship market

South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....

Baskin-Robbins stands out in melting Korean ice cream market

Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...

APR’s fashion brand Nerdy opens two more stores in Vietnam

South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...

Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia

Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to  Light: Eclipse, is now available on Google Play in ...

S.Korean carmakers post brisk sales on strong exports in July

South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...

Naver Pay to enter Chinese payment market in 2023

South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...

S.Korea's HD Hyundai chairman: We can’t rely on bad profits

Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits” gained from tempo...

Hanwha Group puts savings bank on market, a clear succession path

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...