daewoo jeju air k-uam
Scope
Date
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Shareholder activism
K-pop label SM to increase number of outside directors
South Korea’s SM Entertainment Co. will increase the number of outside directors and ban its chief executive from chairing the board as part o...
Jan 16, 2023 (Gmt+09:00)
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Food & Beverage
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...
Jan 13, 2023 (Gmt+09:00)
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Chemical Industry
POSCO Chemical moves into activated carbon business
POSCO Chemical Co. will join hands with Dong-Suh Chemical Industries Co. Ltd. to move into the activated carbon business, an eco-friendly material f...
Jan 12, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N gets approval to sell K-CAB in Singapore
South Korean biohealth company HK inno.N said on Wednesday that it has received an item approval for K-CAB, a new drug for gastroesophageal reflux d...
Jan 12, 2023 (Gmt+09:00)
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Entertainment
Korean apparel retailer F&F to produce global K-pop stars
South Korean outdoor clothing retailer F&F Co. made a foray into the entertainment sector to create a synergy of K-content and fashion, competin...
Jan 11, 2023 (Gmt+09:00)
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Airlines
Jeju Air ranked first in domestic routes last year
Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...
Jan 09, 2023 (Gmt+09:00)
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Korean food
CJ CheilJedang to expand K-food production facilities overseas
South Korean food giant CJ CheilJedang Corp. is slated to increase food manufacturing facilities globally and launch businesses in Australia, Canada...
Jan 09, 2023 (Gmt+09:00)
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Airlines
Air Busan launches new Busan-Clark flight
Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...
Jan 06, 2023 (Gmt+09:00)
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Business & Politics
Korean government to finance $625 million for K-content in 2023
South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...
Jan 06, 2023 (Gmt+09:00)
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Metaverse
Caliverse, KT Alpha join hands to add K-pop to metaverse
Caliverse, a subsidiary of Lotte Data Communication, said on Thursday that it has signed an agreement to expand the range of immersive metaverse con...
Jan 05, 2023 (Gmt+09:00)
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Future mobility
Hyundai’s Supernal, Microsoft to collaborate on UAM projects
Supernal LLC, the urban air mobility affiliate of South Korea’s top automaker Hyundai Motor Co., and US tech giant Microsoft Corp. have agreed...
Jan 04, 2023 (Gmt+09:00)
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Aerospace & Defense
K-defense sector to reach annual export of $16 bn for two consecutive years
The South Korean defense market is forecast to sign export contracts worth more than 20 trillion won (15.7 billion) combined this year on the back o...
Jan 04, 2023 (Gmt+09:00)
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Food & Beverage
K-BBQ brand Mapo Galmaegi signs agreement to get halal certification
South Korean food service enterprise Didim E&F said on Monday that its Korean barbecue brand Mapo Galmaegi signed a business agreement with a Ko...
Jan 03, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI, KARI collaborate in developing Korean UAM
Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...
Dec 29, 2022 (Gmt+09:00)
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Airlines
Chinese regulator approves Korean Air-Asiana merger
The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...
Dec 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Home Shopping to divest rental unit for $107 mn
Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...
Dec 26, 2022 (Gmt+09:00)
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Electronics
LG to develop smart home devices responsive to users’ sleep data
An air conditioner or a TV set equipped with a timer that automatically turns power on and off based on the user's preference has been around for ye...
Dec 26, 2022 (Gmt+09:00)
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Airlines
T’way Air becomes first local budget carrier to fly Incheon to Sydney
T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...
Dec 26, 2022 (Gmt+09:00)
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Food & Beverage
E-Mart enters Singapore with two corner shops selling K-food
South Korea’s largest supermarket chain E-Mart Inc. has become the first Korean company that has launched a convenience store in Singapore.The...
Dec 23, 2022 (Gmt+09:00)
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K-pop
Blackpink's 'How You Like That' video tops 1.3 bn views
K-pop girl group Blackpink's "How You Like That" video has surpassed 1.3 billion views on YouTube, YG Entertainment Inc., the agency representing th...
Dec 23, 2022 (Gmt+09:00)
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Airlines
Korea-China air flights set to rise with Beijing’s eased zero-COVID policy
Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...
Dec 22, 2022 (Gmt+09:00)
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Future mobility
Lotte mulls building transit hubs in retail stores for air taxis, drones
South Korea’s Lotte Engineering & Construction Co. said on Dec. 22 it is considering building vertiports on the rooftops of its retail aff...
Dec 22, 2022 (Gmt+09:00)
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Content platforms
Video streaming platform Wavve acquires K-content provider KOCOWA
South Korea’s OTT platform Wavve has acquired Los Angeles-based content platform KOCOWA, short for Korean Content Wave. KOCOWA is a US online ...
Dec 22, 2022 (Gmt+09:00)
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Korean food
Mom's Touch opens 2nd restaurant in Bangkok
South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...
Dec 21, 2022 (Gmt+09:00)
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Korean stock market
Ndream, Wisenut start trading on K-OTC
Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...
Dec 21, 2022 (Gmt+09:00)
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ESG
GS E&C inks deal with AirFirst on industrial gas tech development
GS Engineering & Construction Co. said on Tuesday that it has signed an agreement with AirFirst to work together in the areas of industrial gas ...
Dec 21, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build network to share land, sea, air target info
South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...
Dec 20, 2022 (Gmt+09:00)
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Airlines
T'way Air launches Pikachu Jet TW
T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...
Dec 20, 2022 (Gmt+09:00)
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Airlines
Foreign airlines gnaw at Korean LCCs on international flight routes
South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...
Dec 20, 2022 (Gmt+09:00)
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Companies
SK Materials, Arencibia ink MOU on noble gas recycling
SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...
Dec 19, 2022 (Gmt+09:00)
Latest News
- 1 Jollibee to buy chicken chain Norang Tongdak amid K-food frenzy
- 2 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 3 POSCO Future M breaks with China in cathode supply chain
- 4 GIC resumes Seoul Finance Center sale in potential megadeal
- 5 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula