export business survey index (EBSI)
Scope
Date
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Korean startups
S.Korea offers major support to online overseas shipments of 100 promising SMEs
South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...
Apr 13, 2023 (Gmt+09:00)
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Electronics
S.Korean display companies look to expand business in India with Vedanta
South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...
Apr 13, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem teams up with US company to expand bioplastic global business
LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...
Apr 13, 2023 (Gmt+09:00)
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Business & Politics
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...
Apr 12, 2023 (Gmt+09:00)
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Electric vehicles
POSCO, Honda to cooperate in EV material business
South Korea's POSCO Group and Japan's Honda Motor signed a comprehensive memorandum of understanding (MOU) on Tuesday to expand cooperation in the e...
Apr 12, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to strengthen cooperation with Portugal in renewable energy
South Korea’s the Trade, Industry and Energy Minister Lee Chang-yang participated on Wednesday in The Korean-Portuguese Business Forum at the ...
Apr 12, 2023 (Gmt+09:00)
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Energy
Hanwha heir apparent named senior advisor at US energy investor
Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...
Apr 11, 2023 (Gmt+09:00)
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The KED View
What’s the next K-sensation after rise of 60-year-old K-ramen?
It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...
Apr 11, 2023 (Gmt+09:00)
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Korean chipmakers
S.Korean semiconductor industry faces sharp decline: report
The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...
Apr 10, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean ramen's exports reach new heights amid K-content boom
Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...
Apr 10, 2023 (Gmt+09:00)
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Artificial intelligence
60% of S.Koreans think AI will take away jobs: survey
A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned...
Apr 10, 2023 (Gmt+09:00)
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Artificial intelligence
Some 60% of S.Koreans think AI will take away jobs: Survey
A recent survey conducted by The Poll, a blockchain-based opinion poll company, has revealed that six out of ten Korean citizens are concerned that ...
Apr 10, 2023 (Gmt+09:00)
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Markets
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...
Apr 07, 2023 (Gmt+09:00)
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Cloud computing
Korea's InnoGrid to collaborate with Hyosung for cloud business
InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...
Apr 07, 2023 (Gmt+09:00)
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Corporate strategy
Lotte Group secures $3.8 bn funding from four major Korean banks
Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...
Apr 07, 2023 (Gmt+09:00)
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Private equity
Korean PE firm STIC taps Bain & Co senior partner for PE business
South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...
Apr 06, 2023 (Gmt+09:00)
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Korean food
S.Korea strikes deal with Ecuador to export pears
South Korea's Animal and Plant Quarantine Agency announced on Thursday that after 10 years of negotiations, the country has secured a deal with Ecua...
Apr 06, 2023 (Gmt+09:00)
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Venture capital
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...
Apr 06, 2023 (Gmt+09:00)
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Korean stock market
South Korea's Kosdaq Global Index set to add more stocks
Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...
Apr 06, 2023 (Gmt+09:00)
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Food & Beverage
NongHyup opens office in Vietnam to strengthen K-food exports
South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...
Apr 05, 2023 (Gmt+09:00)
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Logistics
Falling freight rates set to boost LG, Hyundai’s earnings
The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...
Apr 05, 2023 (Gmt+09:00)
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Korean startups
TIMWORK lifts trophy at March D.Camp startup pitch competition
TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March startup pitch competit...
Apr 04, 2023 (Gmt+09:00)
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Private equity
MBK Partners eyes China’s local consumption: Letter to investors
Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...
Apr 03, 2023 (Gmt+09:00)
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Korean startups
Korean kitchen automation startups' US advance gains traction
South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...
Apr 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem closes in on $190 million armored vehicle deal with Peru
Hyundai Rotem Co., a South Korean defense equipment maker, is closing in on a contract to export advanced armored vehicles to Peru – a deal th...
Apr 03, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Shinsegae, KOTRA to help domestic fashion firms for export
Shinsegae Department Store revealed on Friday that they will collaborate with the Korea Trade-Investment Promotion Agency (KOTRA) to assist domestic...
Mar 31, 2023 (Gmt+09:00)
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Business & Politics
S.Korea's K2 tanks undergo first live fire test in Poland
South Korea's main battle tank K2 Balck Panther and K-9 self-propelled howitzers will undergo live-fire test at the Oziši training ground in ...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean firms' digital transformation more than a step behind Western: Report
A research report has shown that the level of digital transformation among South Korean companies is lagging behind that of European and American co...
Mar 31, 2023 (Gmt+09:00)
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Fintech
KB Securities signs MOU with Korea East-West Power, Hikive
KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...
Mar 30, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's exports of instant noodles exceed $800 mn mark in 2022
South Korea's exports of instant noodles such as ramen last year exceeded $800 million to break an all-time record.Export data released on Thursday ...
Mar 30, 2023 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators