SK Plasma to build blood products plant in Indonesia

South Korea’s SK Plasma will build a blood products plant in Indonesia.Industry sources on Tuesday said the company recently received approval...

S.Korea to establish voluntary carbon credit exchange

South Korea will introduce a voluntary carbon market (VCM) later this year, which is expected to broaden the scope of carbon credits and speed up ef...

S.Korean fashion brands rush to China for pent-up demand

South Korean fashion brands are poised to expand their stores in China, aiming to capture pent-up demand in the world’s top consumer market af...

S.Korea's LS Materials set to boost earnings ahead of IPO process

LS Materials Co., a South Korean energy storage devices maker, is slated to ramp up earnings to accelerate its initial public offering process this ...

S.Korea's imports of Japanese beer in January hit $2 million

Japanese beer imports in January exceeded $2 million, the most since a bilateral row erupted in July 2019 after Japan imposed export restrictions on...

KTO promotes travel to Korea in ITB Berlin

The Korea Tourism Organization announced on Monday its participation in ITB Berlin 2023, the world's largest tourism fair held in Berlin, Germany, f...

LG Electronics wins US air conditioning award for 7th year

LG Electronics Inc. said on Monday that it has won a performance award from the Air-Conditioning, Heating & Refrigeration Institute (AHRI), a US...

Dongsuh Foods applies green certification package to products

South Korea's food processing company Dongsuh Foods Corporation announced on Monday the launch of new green technology-certified packaging.This gree...

Shilla Duty Free Shop selected as excellent partner by Changi Airport

The Shilla Duty Free Shop announced on Monday that it had received the Gold Award at the 2022 OneChangi App Awards held by Singapore's Changi Airpor...

S.Korea ranks fifth in global auto output for third straight year

South Korea’s auto production last year ranked fifth worldwide for the third year in a row.A report on world automotive output from the Korea ...

S.Korea's KGC to spur ginseng sales in China with state-run CR Group

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., is set to accelerate sales of its ginseng products across Chin...

Daewoong’s Nabota expands into Germany, Austria

South Korean drugmaker Daewoong Pharmaceutical Co. said on Tuesday it had launched its botulinum toxin product Nabota in Germany and Austria through i...

KSOE wins order for 4 petrochem product carriers

Korea Shipbuilding & Offshore Engineering (KSOE), HD Hyundai Co.'s intermediate shipbuilding subsidiary, announced on Tuesday that it had signed...

Kolon Plastics to make eco-friendly products from marine waste

Kolon Plastics Inc. said on Tuesday that it has signed an agreement with Netspa, a South Korean recycling social venture, to jointly develop enginee...

S.Korea's Huons gets approval to supply anesthetics to Canada

Huons Co., a South Korean pharmaceutical company, has announced plans to expand its presence in the North American market by offering two anesthetic...

Lotte to produce clean ammonia in US with CF Industries

Lotte Chemical Corp., a major South Korean petrochemical manufacturer, joined hands with CF Industries Holdings Inc., the world’s largest ammo...

Hanwha Solutions receives green certification for recycled plastic materials

South Korean chemical and renewable energy firm Hanwha Solutions Corp. announced on Tuesday that it has received a global certification for its recy...

Dubai delegation conducts due diligence on Medytox's plant in Korea

South Korea's biopharmaceutical firm Medytox Inc. said on Monday that a high-level delegation led by Dubai Science Park (DSP) under Dubai's state-ow...

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

GM Korea begins mass production of Trax crossover

General Motors Korea announced on Sunday that it celebrated the start of mass production of the Chevrolet Trax Crossover, a new utility vehicle, at ...

Naver, Creverse sign agreement for hyperscale AI education cooperation

Naver Corp., South Korea's largest search engine company, has signed an agreement with Creverse Co., an education company, to provide support for el...

Hyundai Motor begins Genesis GV70 EV production in US

Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...

SK Materials joins forces with ExxonMobil in blue ammonia sector

South Korea's SK Materials will enter the blue ammonia market in partnership with global energy giant ExxonMobil.SK Materials on Wednesday said it s...

Ford, LG Energy to build Turkey EV battery plant for Europe

US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...

Samsung, LG ditch BOE in likely Apple deal for iPad Pro OLED panels

Samsung Display Co. and LG Display Co. will likely win orders from Apple Inc. to build organic light-emitting diode (OLED) displays for the US tech ...

SK On resumes Ford F-150 Lightning battery production line

SK On Co., the world’s fifth-largest battery maker, on Monday resumed operations of the cell production line for Ford Motor Co.’s electr...

Kia participates in IDEX 2023, largest defense exhibition in MENA

On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibition Center in Abu Dha...

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

Kakao Enterprise, a leading IT platform business operator in South Korea, recently announced its "Matching 2.0" strategy to enhance the quality of s...

Korean shipbuilding, defense sectors offer bright 2023 outlook

South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...

Ford EV production halt casts doubts over SK cell quality

Ford Motor Co. said on Tuesday it has stopped production and shipments of the F-150 Lightning electric pickup truck due to a possible battery issue,...