Korean startups join hands amid dwindling funding, acceleration support
Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...
LG Uplus launches customized solution for cultural facilities
South Korea’s telecom service provider LG Uplus Corp. has released a solution that identifies the interests and movements of exhibition visito...
CJ's Bibigo launches new global campaign
South Korean food giant CJ CheilJedang Corp.'s flagship brand Bibigo is engaging with consumers worldwide through a new campaign. The company announ...
SK Bioscience to export $51 bn flu vaccine to Thailand
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...
K-pop powerhouse SM to launch US office with Kakao
K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...
Naver Webtoon becomes No.1 webtoon platform in France
South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...
S.Korea's E-mart24 opens 3rd branch in Singapore
South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...
Up close and personal look at HYBE workplace, culture
The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its high...
Nike to open its 3rd Jordan World of Flight store in Seoul
Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on Wednesday. It will b...
Hyundai Motor partners with Japanese culture content firm for EV sales
South Korean automaker Hyundai Motor Co. and Japanese lifestyle content company Culture Convenience Club (CCC) on Thursday announced a strategic par...
Yanolja looks to triple foreign visitors to Korea with K-culture tours
South Korea’s top travel and accommodation platform Yanolja Co. aims to nearly treble the number of foreign tourists to the country through it...
UAE to find $2 bn investment opportunities in S.Korea
The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...
CJ’s K-culture event draws record-high numbers in Japan
CHIBA, JAPAN – A global K-pop concert hosted by CJ ENM Co., a South Korean entertainment powerhouse, heated up the venue in Japan with an audi...
LS Group opens LS Dream Center in Hanoi for Korean-Vietnamese families
South Korea's LS Group said on Thursday that it has partnered with a domestic non-government organization (NGO) Cooperation and Participation in Ove...
Netflix to inject $2.5 bn in Korean drama series, movies over next 4 years
WASHINGTON, D.C. – US streaming giant Netflix is slated to invest $2.5 billion in South Korea over the next four years to boost its cont...
LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul
South Korea's major consumer goods company LG H&H Co. announced on Thursday that its cosmetics brand, The History of Whoo, hosts an event called...
Lotte Shopping: Resurrected in Indonesia after death in China
JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...
CJ CheilJedang opens internal venture development space Inno Play
South Korea's food and bio giant CJ CheilJedang Corp. on Sunday said it opened Inno Play, an office space for commercializing innovative ideas and d...
LG Elec places GuideBot in museums to improve viewing accessibility
LG Electronics Inc. announced on Thursday that the LG CLOi GuideBot "Qi" will be deployed as a curator at both the Gongju National Museum and Nation...
Samsung executives to be called without seniority title
Rank-and file-employees at Samsung Electronics Co. will call their senior executives without their titles as part of the company’s new human r...
Korean government to finance $625 million for K-content in 2023
South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most important industry to s...
Hyundai is not a carmaker but a tech firm: Chairman Chung
Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...
KT&G completes elementary school in Laos with employee donations
KT&G, South Korea's dominant tobacco company, announced on Monday that along with South Korea's non-profit organization Sharing Culture &a...
VANK launches campaign to promote Korea in Vietnamese
The Voluntary Agency Network of Korea (or VANK), an online public diplomatic mission, said on Saturday that it has opened a Vietnamese language site...
Whisky imports up 62%, projected to be popular next year and beyond
As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...
SK expands sustainable food biz with $7.5 mn US investment
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...
Korea must embrace diversity to sustain K-culture: Sam Richards
When Penn State University sociology professor Sam Richards introduced Korean pop culture into his lectures three years ago, he compared its power t...
K-pop, Toyota’s platform for marketing in the US
LOS ANGELES -- Toyota Motor Corp., the top global automaker, showcased its sports cars – the GR86 and the GR Supra – at the Los Angeles ...
Carlyle CEO Lee’s sudden exit puts the PE’s Korea strategy in spotlight
The sudden resignation of The Carlyle Group Inc. Chief Executive Kewsong Lee has not just surprised the global investment community but raised quest...
Korean companies rapidly embrace ESG in management standards
South Korea’s big companies are rapidly embracing environmental, social and governance (ESG) standards by launching a dedicated ESG team to me...
