LG Chem completes acquisition of US biotech firm AVEO

LG Chem completes acquisition of US biotech firm AVEO

LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...

S.Korea's Paris Baguette opens first outlet in Malaysia

S.Korea's Paris Baguette opens first outlet in Malaysia

To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...

Mirae Asset sees 100-fold jump in deposits 15 years after entering India

Mirae Asset sees 100-fold jump in deposits 15 years after entering India

South Korea's Mirae Asset Global Investments on Wednesday marked the 15th anniversary of its incorporated company in India that now has 21 trillion ...

Epikar inks MOU with Singapore's NTU Research Center

Epikar inks MOU with Singapore's NTU Research Center

South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understanding (MOU) for R&...

NGeneBio's diagnostic products start to be used in clinical tests in Vietnam

NGeneBio's diagnostic products start to be used in clinical tests in Vietnam

South Korea's medical diagnostics company NGeneBio Co. said on Wednesday that it is expanding its business in the Southeast Asian precision diagnost...

Hyundai Doosan Infracore unveils new construction equipment brand

Hyundai Doosan Infracore unveils new construction equipment brand

South Korea's Hyundai Doosan Infracore Co. on Wednesday said that in a news conference in Las Vegas on the day before, it unveiled its new construct...

GC Biopharma's Sanfilippo treatment eligible for FDA priority review

GC Biopharma's Sanfilippo treatment eligible for FDA priority review

GC Biopharma Corp. said on Wednesday that its Sanfilippo type A treatment, which is under joint development with Novel Pharma, a bio-venture special...

Golfzon takes part in PGA Merchandise Show in Florida

Golfzon takes part in PGA Merchandise Show in Florida

South Korea's indoor golf simulator maker Golfzon Co. said Wednesday that it would participate in the 2023 PGA Merchandise Show to be held in Orland...

SK E&S moves into EV charging market

SK E&S moves into EV charging market

South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...

MedPacto's anti-cancer substance designated as US FDA fast-track item

MedPacto's anti-cancer substance designated as US FDA fast-track item

South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a fast-track developmen...

Modetour signs agreement with mobility platform Danida

Modetour signs agreement with mobility platform Danida

South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...

Naver Cloud to partner with Singapore's StarHub

Naver Cloud to partner with Singapore's StarHub

Naver Cloud, the cloud computing arm of Naver Corp., signed a strategic alliance deal with Singapore's telecommunications company StarHub to provide...

KSOE wins this year's first LNG carrier order worth $783 million

KSOE wins this year's first LNG carrier order worth $783 million

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...

CMG Pharma acquires animal nutrition company ING Medix

CMG Pharma acquires animal nutrition company ING Medix

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, said on Monday that it is moving into the pet nutrition supplement market by acquirin...

Medytox to build plant for finished toxin products in Dubai

Medytox  to build plant for finished toxin products in Dubai

South Korea's biopharmaceutical company Medytox Inc. will build a plant for finished products containing botulinum toxin in the United Arab Emirates...

Medical platform operator Integration raises $8 mn in Series B funding

Medical platform operator Integration raises $8 mn in Series B funding

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

Handok signs agreement with Microsoft Korea for digital transformation

Handok signs agreement with Microsoft Korea for digital transformation

South Korea's leading pharmaceutical company Handok Inc. said Tuesday that it has signed a memorandum of understanding (MOU) with Microsoft Korea to...

WeMade sets up blockchain corporation in UAE

WeMade sets up blockchain corporation in UAE

WeMade Co., South Korea's game developer and publisher and the issuer of cryptocurrency WeMix, set up WeMix MENA Ltd. in the United Arab Emirates (U...

South Korean companies ink $6.1 billion MOUs with UAE partners

South Korean companies ink $6.1 billion MOUs with UAE partners

ABU DHABI – Business leaders from South Korea and the United Arab Emirates (UAE) have signed 24 initial agreements worth at least $6.1 billion...

S.Korea's Bioneer forms diagnostic joint venture with Indonesian company

S.Korea's Bioneer forms diagnostic joint venture with Indonesian company

South Korea's biotech company Bioneer Corp. on Monday said it concluded a deal to form a joint venture with PT Indika Energy of Indonesia for busine...

Bespin Global establishes Vietnam Tech Center for cloud, digital innovation

Bespin Global establishes Vietnam Tech Center for cloud, digital innovation

South Korea's cloud management company Bespin Global will foster cloud and digital innovation industries in Central Vietnam. To this end, the compan...

Medipost completes first dose of Cartistem in phase 3 clinical trials in Japan

Medipost completes first dose of Cartistem in phase 3 clinical trials in Japan

South Korea's stem cell research company Medipost Co. said on Monday that it has completed the administration of Cartistem, a stem cell treatment fo...

Kia to break ground on new Korean EV plant in March

Kia to break ground on new Korean EV plant in March

Kia Corp., South Korea’s No. 2 automaker, is set to break ground in March on a domestic factory to produce electric purpose-built vehicles (PB...

Kolon Global secures patent for Kankan Smart Space technology

Kolon Global secures patent for Kankan Smart Space technology

South Korea's construction engineering company Kolon Global Corp. said on Monday that it has obtained a technology patent for the multi-purpose syst...

S.Korea's SKC Solmics changes name to SK Enpulse

S.Korea's SKC Solmics changes name to SK Enpulse

South Korea's SKC Solmics, a wholly owned fine ceramics subsidiary of SKC, on Sunday said it changed its name to SK Enpulse.With 100% investment fro...

Korean grocery delivery platform Oasis set for February IPO

Korean grocery delivery platform Oasis set for February IPO

South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...

SK Energy teams up with state-run power supplier for EV charging station

SK Energy teams up with state-run power supplier for EV charging station

SK Energy, a major South Korean oil refiner, teamed up with Korea Hydro & Nuclear Power Co. (KHNP) to install electric vehicle (EV) and hydrogen...

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

Kyochon F&B, the company operating Kyochon Chicken, said on Friday that it has signed a memorandum of understanding for a master franchise agree...

Hanwha Systems opens UAE branch as core base for Mideast exports

Hanwha Systems opens UAE branch as core base for Mideast exports

South Korea's Hanwha Systems Co. on Thursday opened a branch office in Abu Dubai, the United Arab Emirates in the wake of the company's business gro...

KAI aims to become world's No. 7 aerospace company by 2050

KAI aims to become world's No. 7 aerospace company by 2050

Korea Aerospace Industries Ltd. (KAI) seeks to become the world's No. 7 aerospace company by 2050, aiming to rival the likes of global defense giant...

SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats