eco-friendly businesses
Scope
Date
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Leadership & Management
Plain sailing for LS with record earnings under Chairman Koo’s leadership
LS Group’s plan to groom new growth engines from batteries to electric vehicles and semiconductors is set to gain impetus after South Korea&rs...
Feb 15, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
Feb 14, 2023 (Gmt+09:00)
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Robotics
Samsung Electronics, KAIST join forces to train robotics experts
Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...
Feb 14, 2023 (Gmt+09:00)
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Construction
Korean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...
Feb 13, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea's Kyung Dong Navien expands its business in Central Asia
South Korea's heating systems manufacturer Kyung Dong Navien Co. held a conference for 100 local dealers in Tashkent, Uzbekistan, on Feb. 10.The con...
Feb 13, 2023 (Gmt+09:00)
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Construction
S.Korea's Hoban Group signs agreement with Aramco for cooperation
Hoban Group, South Korea's construction, property development, and manufacturing conglomerate, said Monday that it has signed a memorandum of unders...
Feb 13, 2023 (Gmt+09:00)
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Electronics
Samsung to boost premium TV lineup with 77-inch QD-OLED
Samsung Electronics Co. is set to launch a 77-inch quantum dot organic light emitting diode (QD-OLED) TV in South Korea, its largest-ever premium TV...
Feb 12, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Why SM emerged as hot battlefield between HYBE, Kakao
SM Entertainment Co., a South Korean music label widely credited as the pioneer of K-pop, has emerged as a new battlefield between HYBE Co., the age...
Feb 10, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea doubles undocumented overseas remittance limit to $100,000
South Korea as early as June will double its annual limit on overseas remittance without evidential documents from $50,000 to $100,000.The Ministry ...
Feb 10, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan joins forces with S.Australian gov't to expand hydrogen business
Doosan Fuel Cell plans to expand its hydrogen business overseas. The company on Thursday said it had signed an agreement with the state of Sout...
Feb 09, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT DS secures global standard certification for Smart-X
KT DS, an IT service arm of South Korea's KT Group, said on Thursday that its Internet-of-Things (IoT) solution Smart-X has passed the oneM2M certif...
Feb 09, 2023 (Gmt+09:00)
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Retail
CJ Olive Young faces discipline for abuse of power with suppliers
CJ Olive Young Co., South Korea’s top beauty store chain, will face punishment by the country’s antitrust regulator for abuse of power o...
Feb 08, 2023 (Gmt+09:00)
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Business & Politics
FKI to be more open, future-minded and international as part of reform
South Korea’s major business lobby group the Federation of Korean Industries (FKI) will become a more open and future-oriented business group ...
Feb 08, 2023 (Gmt+09:00)
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Petrochemicals
Kumho Petrochem's rubber products win eco-friendly certification
Kumho Petrochemical Co. said on Tuesday that its four synthetic rubber products including SSBR, HBR, LBR, and NdBR have earned International Sustain...
Feb 07, 2023 (Gmt+09:00)
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Lotte Group to directly control global real estate unit
Lotte Corp., the fifth-largest conglomerate in South Korea, is poised to strengthen its real estate development unit under the direct control of the...
Feb 07, 2023 (Gmt+09:00)
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ESG
Hyundai Rotem releases data on eco-friendly railway businesses
Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...
Feb 07, 2023 (Gmt+09:00)
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Chemical Industry
Aekyung commences mass production of eco-friendly plasticizers
Aekyung Chemical, an affiliate of South Korea's Aekyung Group, has begun mass-producing eco-friendly plasticizers derived from recycled waste plasti...
Feb 06, 2023 (Gmt+09:00)
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Batteries
Citibank Korea provides $412 mn to POSCO for Argentine business
Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary battery raw material g...
Feb 06, 2023 (Gmt+09:00)
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Construction
Lotte Construction develops eco-friendly concrete
Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...
Feb 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, LS Electric partner to support S.Korea's small businesses
LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS Electric Co. to expa...
Feb 03, 2023 (Gmt+09:00)
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Mergers & Acquisitions
UK's Croda to buy Korean bio materials maker for $286 mn
Croda International Plc., a British specialty chemicals company, is set to acquire South Korean bio materials producer Solus Biotech Co. for some 35...
Feb 02, 2023 (Gmt+09:00)
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Asset management
NYLIM taps Sungyun Hong as head of Seoul office
New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...
Feb 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $495 million order for two LNG ships
Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million) deal to build two ...
Feb 01, 2023 (Gmt+09:00)
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Electronics
DB HiTek to expand high value-added specialized image sensor business
South Korea's chip foundry DB HiTek Co. attained foundry process technology and is set to expand its high-value-added specialized image sensor busin...
Jan 31, 2023 (Gmt+09:00)
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ESG
SK Geo Centric receives int'l recognition for eco-friendly polymers
SK Geo Centric Co., South Korea's chemical firm, has received the globally recognized "GRS" certification for its eco-friendly polymers, the company...
Jan 31, 2023 (Gmt+09:00)
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ESG
Hanwha Solutions, SKS Credit propel to build eco-friendly data center
Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...
Jan 30, 2023 (Gmt+09:00)
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Korean startups
Kids platform Norit wins D.Camp January pitch competition
South Korean kids learning platform Norit won the monthly pitch competition hosted by D.Camp, a Seoul-based startup accelerator, on Jan. 26.Norit ma...
Jan 30, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung hires two ex-Ericsson executives to lead network business
South Korea’s tech giant Samsung Electronics Co. has hired two former executives of Swedish telecom equipment maker Ericsson to boost its ne...
Jan 30, 2023 (Gmt+09:00)
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Korean Investors
Korea Exchange acquires market operator license in Singapore
Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...
Jan 27, 2023 (Gmt+09:00)
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Economy
S.Korea's BSI hits 30-month low amid poor business sentiment
The economic outlook by companies is worsening given lingering global uncertainty, with the business outlook for February at its lowest level in two...
Jan 26, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers