Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting

Hyundai, Kia to provide official ceremonial vehicles for ADB Annual Meeting

Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...

S.Korean mobile game’s spending, downloads fall last year

S.Korean mobile game’s spending, downloads fall last year

South Korea's mobile game market experienced a decline in 2022, with both downloads and spending decreasing, according to a report by data analytics...

S.Korea plans to make digital platform gov't based on large-scale AI

S.Korea plans to make digital platform gov't based on large-scale AI

South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...

S.Korea, Kazakhstan to expand cooperation on mineral resource

S.Korea, Kazakhstan to expand cooperation on mineral resource

South Korea's Minister of Trade, Industry and Energy Lee Chang-yang and Kazakhstan's first deputy prime minister Roman Sklyar, held a meeting in Seo...

S.Korea's hy to launch wine import business

S.Korea's hy to launch wine import business

South Korea’s hy, formerly Korea Yakult, announced on Thursday that it has recently obtained a liquor import license from South Korea's Nation...

POSCO conducts pilot release of rare metal ferrochrome

POSCO conducts pilot release of rare metal ferrochrome

South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...

S.Korea’s Musinsa sees sales grow 54% in 2022 to $537 mn

S.Korea’s Musinsa sees sales grow 54% in 2022 to $537 mn

South Korea’s online fashion platform Musinsa saw sales last year surge over 50% to break the 700 billion won ($537.7 million) mark, though op...

Luxury fashion platform Balaan faces thinning coffers amid mounting loss

Luxury fashion platform Balaan faces thinning coffers amid mounting loss

Concerns are growing about the financial health of South Korean luxury fashion e-commerce platform operator Balaan Co. after its net loss doubled on...

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

Shinsegae supports int'l expansion of S.Korea's promising fashion brands

South Korea's Shinsegae Department Store has launched activities to support the overseas expansion of up-and-coming domestic fashion brands. The com...

S.Korea’s EcoPro BM seeks to raise $385 mn through convertible bond sale

S.Korea’s EcoPro BM seeks to raise $385 mn through convertible bond sale

South Korea’s leading battery materials maker EcoPro BM Co. sought to raise up to 500 billion won ($385 million) through a convertible bond fo...

S.Korea’s first-generation bio companies set up support fund for new ventures

S.Korea’s first-generation bio companies set up support fund for new ventures

South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...

Preppy style attracts Korea's Gen Z, Alpha seeking retro trends

Preppy style attracts Korea's Gen Z, Alpha seeking retro trends

A licensed fashion brand from the University of Cambridge has entered South Korea as more young consumers are enthusiastic about the so-called Ivy L...

Korean economy unlikely to rebound in H2; BOK may keep rate

Korean economy unlikely to rebound in H2; BOK may keep rate

South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...

S.Korea, Boeing tie up for develop future advanced weapons

S.Korea, Boeing tie up for develop future advanced weapons

The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...

S.Korean state-run railroad companies meet Czech Minister of Transport

S.Korean state-run railroad companies meet Czech Minister of Transport

South Korea's state-run railway companies Korea Railroad (KORAIL) and Korea National Railway (KR) announced on Thursday that they had met with repre...

Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales

Indonesia’s slashed EV tax to boost Hyundai’s IONIQ 5 sales

South Korea’s top automaker Hyundai Motor Co. is expected to enhance its presence in Indonesia, which has drastically reduced its value-added ...

KSOE wins order $171 mn for two crude oil carriers

KSOE wins order $171 mn for two crude oil carriers

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, announced on Th...

Samsung Electronics opens 3rd C-Lab Outside regional hub

Samsung Electronics opens 3rd C-Lab Outside regional hub

Samsung Electronics Co. on Thursday opened the third regional center of its C-Lab Outside, a corporate partnership program to nurture local startups...

Hyundai Dept. Store to open first Disney Store in Korea

Hyundai Dept. Store to open first Disney Store in Korea

South Korea's Hyundai Department Store Co. said on Thursday that it has acquired the operating rights of Disney Store, a retail brand of Walt Disney...

Korea must nurture chip materials, parts, facilities: Jusung

Korea must nurture chip materials, parts, facilities: Jusung

South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...

S.Korea offers major support to online overseas shipments of 100 promising SMEs

S.Korea offers major support to online overseas shipments of 100 promising SMEs

South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...

S.Korean display companies look to expand business in India with Vedanta

S.Korean display companies look to expand business in India with Vedanta

South Korean display companies try to make breakthrough in new market by entering Indian market.The Korea Display Industry Association (KDIA) announ...

S.Korea's airlines boosting staff amid recovering demand for overseas travel

S.Korea's airlines boosting staff amid recovering demand for overseas travel

South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...

LG Chem teams up with US company to expand bioplastic global business

LG Chem teams up with US company to expand bioplastic global business

LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...

Tesla Korea’s profit, sales fall on new subsidy plans, lack of models

Tesla Korea’s profit, sales fall on new subsidy plans, lack of models

Tesla Inc.’s South Korean business has been worsening in recent months due to the lack of new models launched in the country amid Seoul’...

Koreans’ love for EcoPro stock may jeopardize short-sellers

Koreans’ love for EcoPro stock may jeopardize short-sellers

South Korean individual investors have been chasing shares in EcoPro group, the country’s major electric vehicle battery materials manufacture...

S.Korea's lunar orbiter Danuri captures back side of the moon

S.Korea's lunar orbiter Danuri captures back side of the moon

South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...

S.Korea's online voting service company exports its techs to Kyrgyzstan

S.Korea's online voting service company exports its techs to Kyrgyzstan

South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...

S.Korea's iNtRON launches halal test kit to target Middle Eastern market

S.Korea's iNtRON launches halal test kit to target Middle Eastern market

South Korean biotech firm iNtRON Biotechnology Inc. is focusing on the Middle Eastern market with the introduction of its "LiliF Halal Real-time PCR...

S.Korea to strengthen cooperation with Portugal in renewable energy

S.Korea to strengthen cooperation with Portugal in renewable energy

South Korea’s the Trade, Industry and Energy Minister Lee Chang-yang participated on Wednesday in The Korean-Portuguese Business Forum at the ...

S.Korea’s Bebesup gains China nod for baby skincare, eyes global expansion At home, K-convenience stores battle stagnation; abroad they are powerful K-food ambassador Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100