Celltrion founder returns to management with M&A pledge

Celltrion founder returns to management with M&A pledge

South Korean biosimilar giant Celltrion Group’s founder Seo Jung-jin has returned to management two years after his departure, pledging to mer...

Korea's Mirae Asset, SK Telecom tie up for security token ecosystem

Korea's Mirae Asset, SK Telecom tie up for security token ecosystem

Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...

S.Korea's Biorchestra signs tech transfer deal for drug delivery system

S.Korea's Biorchestra signs tech transfer deal for drug delivery system

Biorchestra Co., a South Korean company specializing in RNA-based therapeutics, announced on Tuesday that it has entered into a joint research and o...

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

S.Korea's E-Mart24 provides VAT refund service for foreign visitors

E-Mart24 Inc., the convenience store chain unit of Shinsegae Inc. Group, announced on Tuesday that it will resume the value-added tax (VAT) refund s...

Hyundai Rotem signs high-speed rail car deal with Korail

Hyundai Rotem signs high-speed rail car deal with Korail

Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...

S.Korean fashion company LF diversifies portfolio with new brand Patou

S.Korean fashion company LF diversifies portfolio with new brand Patou

In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As the preferences of ...

S.Korea's Elice, FuriosaAI to develop training for AI semiconductor talent

S.Korea's Elice, FuriosaAI to develop training for AI semiconductor talent

South Korea's artificial intelligence (AI) digital education provider Elice on Tuesday said it signed a memorandum of understanding with the AI semi...

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz

South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...

NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...

Hyundai E&C, KAI to develop export-type package for defense industry

Hyundai E&C, KAI to develop export-type package for defense industry

South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...

Korea's CJ Bioscience buys drug candidates from 4D pharma of the UK

Korea's CJ Bioscience buys drug candidates from 4D pharma of the UK

South Korea’s pharmaceutical and healthcare company CJ Bioscience Inc. has acquired drug candidates from the UK's 4D pharma plc. to improve co...

S.Korea's SK Chemicals launches recycled fiber fabrics

S.Korea's SK Chemicals launches recycled fiber fabrics

South Korea's SK Chemicals has launched recycled fiber fabrics developed jointly with Art Impact and Project 1907, eco-friendly social enterprises, ...

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

CJ CheilJedang signs ESG agreement with Jincheon County in Korea

South Korea's largest food company CJ CheilJedang Corp. announced on Monday that it has signed a business agreement with Jincheon County in North Ch...

Kwangdong introduces new drug candidate for pediatric myopia

Kwangdong introduces new drug candidate for pediatric myopia

South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it has signed a contract with Hong Kong-based Zhaoke Ophthalmo...

Kolon Industries achieves certification for eco-friendly petroleum resins

Kolon Industries achieves certification for eco-friendly petroleum resins

Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domes...

JW Pharma receives 1st overseas patent for its hair loss treatment

JW Pharma receives 1st overseas patent for its hair loss treatment

JW Pharmaceutical, a drug company based in South Korea, has received its first patent for a hair loss treatment that is currently in development. Th...

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests

South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...

S.Korea's microneedle maker Raphas to enter US market

S.Korea's microneedle maker Raphas to enter US market

South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy wins first place in K-BPI gas station sector in Korea

SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...

S.Korea's Amorepacific opens new space in metaverse

S.Korea's Amorepacific opens new space in metaverse

Amidst the accelerated entry of fashion and beauty brands into the metaverse to seize future opportunities, Amorepacific Corp. has also joined the b...

Doosan Bobcat participates in US logistics exhibition under Bobcat brand

Doosan Bobcat participates in US logistics exhibition under Bobcat brand

Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...

Korea's CJ Freshway promotes waste cooking oil recycling

Korea's CJ Freshway promotes waste cooking oil recycling

CJ Freshway, a South Korean food distributor and food service company, announced on Friday that it has partnered with S&D Company, the operator ...

US affiliate of Korea's cell therapy company NK Max eyes NYSE listing in 3Q

US affiliate of Korea's cell therapy company NK Max eyes NYSE listing in 3Q

NKGen Biotech, the US affiliate of South Korea's natural killer (NK) cell therapy developer NK Max, on Friday said it signed a letter of intent (LOI) ...

Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn

Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn

South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...

Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's

Samsung's laptop Galaxy Book 3 sees 250% sales growth from predecessor's

Samsung Electronics Co.’s premium laptop PC series Galaxy Book 3 is a global hit since its release last monthIts reception has grown so high t...

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

S.Korea's ST Pharm supplies $49 mn worth of APIs to European drug firm

ST Pharm Co., a South Korean pharmaceutical firm, announced on Thursday that it had entered into an agreement to supply oligonucleotides to an undis...

Saudi Arabia emerges as land of opportunity to Korean startups

Saudi Arabia emerges as land of opportunity to Korean startups

South Korean startups rush to the Kingdom of Saudi Arabia, where the government is keen to nurture startups with innovative and disruptive ideas and...

Brokerage firms in S.Korea log sharp falls in 2022 earnings

Brokerage firms in S.Korea log sharp falls in 2022 earnings

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

Lotte Confectionery to rebrand as Lotte Well Food

Lotte Confectionery to rebrand as Lotte Well Food

South Korea's Lotte Confectionery Co. will change its name to Lotte Well Food, effective April 1, according to an announcement made on Thursday. The...

HMM receives Gold rating in EcoVadis ESG evaluation

HMM receives Gold rating in EcoVadis ESG evaluation

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race