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...

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...

S.Korea’s KCC develops AI-based color matching system

South Korea’s chemical and auto parts maker KCC Corp. on Monday said it developed the K-Smart system of using an artificial intelligence (AI)-...

Korea's LifeSemantics establishes health functional food subsidiary

Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...

S.Korea's Harim launches street food brand Melting Piece

South Korea's leading poultry processing firm, Harim Co., announced on Thursday the launch of its new street food brand, Melting Piece, in response ...

Lotte Mart unveils integrated private brand Good Today

South Korea's hypermarket Lotte Mart on Wednesday announced the debut of its integrated private brand (PB) Good Today under its plan to conduct focu...

Hyundai Elevator to compete in Indonesian smart city projects

Hyundai Elevator Co. said on Wednesday that it will join a South Korean government-led team to bid for smart city projects in Indonesia, where the c...

CGBio opens cosmetic surgery clinic in Bali using bio-medical tech

CGBio, a South Korean bio-renewable medical company, announced on Monday that it opened a medical esthetic clinic, called Nulook, in Bali, Indonesia...

Nongshim lands deal to export smart farms to Saudi Arabia

South Korea's food and beverage giant Nongshim Co. will export smart farms to Saudi Arabia, following a similar deal with the United Arab Emirates (...

Pulmuone looks to enter US plant-based convenience food market

Pulmuone, a leading South Korean producer of plant-based foods such as tofu and bean sprouts, is trying to expand the K-food territory in the global...

BC Card signs contracts for Indonesia's digital payment project

BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...

S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech

South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...

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...

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...

S.Korea-Indonesia central banks renew currency swap agreement

Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...

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...

S.Korea needs bold investment to keep K-chip supremacy: SNU scholar

The South Korean government and the private sector must commit to more generous and comprehensive support for the country's memory chip industry if ...

S.Korea's K Bank posts highest net profit in 2022

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...

CJ CheilJedang invests in Australian bio startup

South Korea's food and bio company CJ CheilJedang Corp. on Wednesday said it will invest in the Australian bio startup Provectus Algae.The former se...

S.Korea’s SK Telecom to advance AI tech through partnerships

BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...

Korean firms scurry to expand nickel, lithium supply chains

South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...

POSCO Int'l, Daesang sign MOU to cooperate in food business

POSCO International, South Korea's largest general trading company, announced on Friday that teams up with Daesang Corp. in the food business area.P...

S.Korean firms with focus on emerging Asia to shine

South Korean companies with a large proportion of sales to emerging Asia are expected to shine in the stock market this year as their revenue from t...

POSCO International, Pertamina win gas exploration rights off Indonesia

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday ...

S.Korea's UAM project finalizes list of 46 participating companies

Forty-six companies in South Korea including three in mobile telecommunications are participating in the Korean-style urban air mobility (UAM) demon...

Daewoo E&C, Jeju Air kick off K-UAM Grand Challenge phase 1 project

Daewoo Engineering & Construction Co. and Jeju Air Co. have teamed up to participate in the Korean urban air mobility (K-UAM) project. The two c...

Patty-cooking robotics startup Aniai completes seed funding

Aniai Inc., a foodservice robotics developer founded by a South Korean, said on Feb. 21 it has attracted $3 million via a seed funding round to boos...

HYBE not to raise tender offer price for SM Entertainment

HYBE Co., the label behind the world’s top boyband BTS, said it does not plan to raise its buying price for SM Entertainment Co., denting hope...

LG Uplus to participate in Drone Show Korea

On Sunday, South Korean mobile telecom carrier LG Uplus Corp. announced that it would host a joint exhibition hall with Kakao Mobility, GS Engineeri...

Hyundai Motor unveils new Creta at Indonesia motor show

Hyundai Motor Co., South Korea’s largest automaker, introduced a new version of its Creta compact SUV at the Indonesia International Motor Sho...