expanding overseas
Scope
Date
~
-
Banking & Finance
Hanmi Bank rises from Koreatown lender to regional bank
It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...
Nov 15, 2024 (Gmt+09:00)
-
Electronics
LG to expand appliance subscriptions to India to speed up leasing business
LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...
Nov 14, 2024 (Gmt+09:00)
-
Logistics
Hyundai Glovis to build logistics complex in Korea’s top port city
Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...
Nov 13, 2024 (Gmt+09:00)
-
Fintech
NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments
NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to ...
Nov 13, 2024 (Gmt+09:00)
-
Electronics
LG Electronics, Tenstorrent in strategic tie-up for AI chip advancement
South Korea’s home appliances giant LG Electronics Inc. and Toronto-based fabless AI chip designer Tenstorrent Inc. have agreed to expand thei...
Nov 12, 2024 (Gmt+09:00)
-
Electronics
LG Display develops industry's most flexible display
LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...
Nov 11, 2024 (Gmt+09:00)
-
Companies
Hotel Shilla to open 16th Shilla Stay in Jeonju
South Korea’s Hotel Shilla, said on Thursday that it will open its 16th Shilla Stay hotel in Jeonju, North Jeolla Province, on December 10.&nb...
Nov 08, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Systems, HJ S&C to enter overseas naval vessel market
South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...
Nov 05, 2024 (Gmt+09:00)
-
Banking & Finance
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined it...
Nov 01, 2024 (Gmt+09:00)
-
Energy
Hanwha Q Cells, OCI to benefit from expanded US CHIPS Act subsidies
South Korean solar cell companies such as Hanwha Q Cells Co. and OCI Holdings Co. are set to benefit from expanded subsidies covered by the US CHIPS...
Oct 31, 2024 (Gmt+09:00)
-
Business & Politics
S.Korea aims to export $1 bn Gim by 2027
South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...
Oct 31, 2024 (Gmt+09:00)
-
Korean startups
PEN Ventures: A skilled startup accelerator for entrepreneurs going global
For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...
Oct 30, 2024 (Gmt+09:00)
-
IPOs
TheBorn Korea eyes M&As, overseas expansion after $73.7 million IPO
TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, is looking to acquire soy sauce ...
Oct 28, 2024 (Gmt+09:00)
-
Banking & Finance
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...
Oct 28, 2024 (Gmt+09:00)
-
Automobiles
Toyota, Hyundai agree to deepen ties in hydrogen, robotics
Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...
Oct 28, 2024 (Gmt+09:00)
-
Corporate restructuring
Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...
Oct 25, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai to produce Creta EV in India for January launch
Hyundai Motor Co. said on Sunday it will launch an electric model of the compact sport utility vehicle Creta in India this January — the first...
Oct 20, 2024 (Gmt+09:00)
-
Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...
Oct 18, 2024 (Gmt+09:00)
-
Food & Beverage
Paris Baguette opens 600th overseas store in Canada for global expansion
Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...
Oct 15, 2024 (Gmt+09:00)
-
Construction
Hyundai E&C, Surbana Jurong to team up on power projects
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...
Oct 10, 2024 (Gmt+09:00)
-
Research & Development
Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...
Oct 09, 2024 (Gmt+09:00)
-
Insurance
DB Insurance outshines domestic rivals in global business
DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...
Oct 08, 2024 (Gmt+09:00)
-
Korean food
Lotte chief bets on K-food boom for global expansion
Lotte Group, a multinational retail-to-chemical business empire, is seeking to ride the growing popularity of Korean food to achieve its global expa...
Oct 07, 2024 (Gmt+09:00)
-
Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
-
Korean startups
Two out of 5 CEOs hold negative views on Korean startup scene
Nearly half of South Korean startups hold negative views on the country’s startup ecosystem, citing the prolonged startup funding winter and t...
Oct 04, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung teams up with Ashley to expand SmartThings IoT service
SILICON VALLEY – South Korean tech giant Samsung Electronics Co. is partnering with Ashley Home Stores Ltd., the US’ largest furniture s...
Oct 04, 2024 (Gmt+09:00)
-
Electric vehicles
Hyundai Mobis to mass-produce parts to double EV charging speed
UIWANG, Gyeonggi Province – Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to mass-produce a component that double...
Oct 04, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai Heavy Industries gets AIP for 2,300 ton submarine
South Korea's HD Hyundai Heavy Industries Co. said on Thursday it received Approval in Principle (AIP) for its 2,300-ton export submarine from the...
Oct 04, 2024 (Gmt+09:00)
-
Bio & Pharma
SK Pharmteco to invest $260 mn in new peptide factory in S. Korea
SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...
Oct 02, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
LG Uplus, GSMA sign Open Gateway agreement
South Korea's LG Uplus Corp. said on Monday that it signed an agreement with the Global System for Mobile Communications Association (GSMA) to parti...
Sep 30, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet