digital transformation

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

South Korea’s GS Group has invested 30 billion won ($26 million) in Kakao Mobility Corp. to fast forward its energy unit’s transition to...

South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitization and low vulnera...

Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...

Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...

Automobile exports log double-digit growth for five straight months In May 2021, exports of automobiles nearly doubled compared to the year-earlier...

Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...

Baring Private Equity Asia has finally cashed out of South Korea's No. 5 parcel delivery company with a double-digit return, in eight years since it...

The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...

The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...

Hyundai Motor Group plans to adopt digital twin technology, which allows the automaker to make a digital replica of a real car for simulation not ...

Rapid technological change that is blurring the lines between industries has altered the definition of asset classes, forcing investment managers to...

South Korea’s art market is projected to double or even triple in size this year, thanks to the widening of the customer base across all gener...

Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...

The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crac...

Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...

The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business.  They are eng...

Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...

Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...

ESG is one of the most frequently mentioned keywords in South Korea today. It stands for environmental, social and corporate governance, the three...

On May 12th ValueAct Partner, CEO, and Chief Investment Officer G. Mason Morfit appeared at the ASK Global Conference 2021 hosted by The Korea Econo...

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

Millennium Hilton Seoul, the venue of South Korea's 1997 negotiations to secure a $58 billion rescue package from the International Monetary Fund, w...

Non-traditional real estate assets such as cell towers, parking lots and marinas will likely provide significant investment opportunities to debt in...

South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...

South Korea’s state-funded Korea Trade-Investment Promotion Agency (KOTRA) is undergoing a full-scale digital transformation to expedite inter...

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Viva Republica Inc., the operator of South Korea's popular digital wallet Toss, has raised its largest single fundraising worth $173 million from...

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...