InterContinental Seoul COEX to close in July
Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to...
SK Telecom to launch AI assistants for corporate clients
SK Telecom Co., South Korea’s top mobile carrier, plans to introduce customized services to connect major large language models (LLMs) and cor...
Kolon to invest additional $9 million in ride-hailing Papa Mobility
South Korea’s Kolon Group plans to invest an additional 12.4 billion won ($9.1 million) in Papa Mobility Co., bringing its total investment in...
Yanolja gains momentum with cloud, overseas trip businesses
SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...
Hotel Lotte resumes global push with management deals
Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...
Samsung SDS taps generative AI to counter logistics risks
Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...
Samsung's Galaxy Studio Photo surpasses 100,000 visitors
Samsung Electronics Co. announced on Sunday that the Galaxy Studio Photo at South Korea's theme park Everland has surpassed 100,000 visitors. The Ga...
Conversational AI startup Rapeech attracts $4.4 mn investment
South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....
Tata, Korea's Woori to expand car financing services in Asia
Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...
HD KSOE picks Philippines as offshore wind power base camp
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the parent of the world’s No. 1 shipbuilder, is accelerating its offshore wind po...
Korea's Taeyoung to sell local hotel to speed up debt workout
South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...
NHN Cloud sets sights on GPU cloud service with Nvidia’s H100
NHN Cloud Corp., a cloud computing unit of South Korea’s internet company NHN Corp., is setting its sights on a graphics processing unit (GPU)...
Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...
Woori Financial acquires Korea Foss Securities to offer brokerage services
Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...
Osstem to buy Brazil’s No. 3 dental implant maker Implacil
South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian peer Implacil De Borto...
Rakuten backs S.Korea’s new mobile carrier Stage X
South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...
Korean retailers, hotels enjoy tourist boom in May holidays
South Korean retailers and hotels are enjoying a boom thanks to an expected surge in tourists at home and abroad as more than 180,000 foreigners are...
Ediya Coffee introduces Taiwan Pay
South Korea's homegrown coffee chain Ediya Coffee announced on Tuesday that it introduced Taiwan's popular mobile payment platform Taiwan Pay (TWQR)...
Korea’s booming medical tourism: Skin care, plastic surgery in demand
The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...
Kakao joins hands with LG Uplus to enter EV charger market
Kakao Mobility Corp., South Korea’s largest taxi-hailing platform, is set to make inroads into the electric vehicle charging market by setting...
Korean Air to launch Incheon-Macau route in July
Korean Air Lines Co., the leading full-service airline in South Korea, announced on Friday that it will launch flights on the Incheon-Macau route st...
Kakao Mobility to offer robot delivery service with LG
Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, will offer indoor robot delivery service with self-driving robots ...
Lotte Dept. Store introduces AI translation service
South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...
Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...
CJ Logistics, Ninja Van to co-work for cross-border e-commerce
South Korea's CJ Logistics announced on Thursday that it signed a customs clearance and delivery service contract with Singapore-based Ninja Van t...
Toss Bank exceeds 10 mn customers
South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and...
Korea’s Catchtable eyes offshore table reservation markets
Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...
Lotte Rental launches driver-inclusive rental service in Vietnam
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
LG Elec, Microsoft, GE to collaborate for smart hospital
LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...
