fiscal year 2024

Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...

South Korea’s IVIM Technology has supplied the world’s first all-in-one intravital microscopy platform that it released last year to a m...

GWANGJU, South Jeolla Province -- Kia Corp.'s plant in Gwangju, about 270 kilometers south of Seoul, bustled with workers and cars, including its be...

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

South Korea’s top travel agency Hanatour Service Inc. saw a dramatic 661% increase in package tourists in June from the previous year, recordi...

South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted record first-half-year sales in the US this year, am...

South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...

South Korea’s National Pension Service (NPS) has logged an 8.63% profit in fund management in January-April this year thanks to strong equity ...

South Korea’s Noroo Paint on Wednesday said it developed an eco-friendly plastic container capable of oxidative biodegradation for its main pr...

Hyundai Motor Co.'s electric vehicle IONIQ 6 has been named Car and Driver's 2023 EV of the Year on Thursday. According to Hyundai Motor, IONIQ...

South Korea's SK Plasma on Wednesday announced the launch of full-scale production this month of the blood products albumin and immunoglobulin for S...

South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...

Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...

Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...

DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured a second plant ...

The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...

The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...

South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborating with US medical d...

South Korea last year exported most to the US thanks to brisk sales of the country’s cars in the world’s No. 1 economy, whereas trade wi...

Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...

KS standards have been included in Singapore's Class 1 Building and Construction guidelines (BC1). As a result, it is expected that steel exports to...

Key facts Industry Mass-production mold design and manufacturing/machinery manufacturing Mainstay products/services Automotive int...

South Korea’s leading soju maker HiteJinro Co. announced on Wednesday that it dominated the global distilled liquor market for the 22nd year i...

The global monthly active user (MAU) number of Naver Corp.'s artificial intelligence (AI) translation app, Papago, has surpassed 10 million users, a...

The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...

Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...

Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...