Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan

Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan

The largest business chambers of South Korea and Japan have agreed to cooperate on Korea’s bid to host World Expo 2030 in Busan and to deepen ...

S.Korea not ready for developed market status: MSCI

S.Korea not ready for developed market status: MSCI

MSCI Inc. regards the South Korean stock market as not ready for its developed market status despite a series of reforms, dampening the country&rsqu...

LG Energy to expand EV battery care with 7 imported car dealers

LG Energy to expand EV battery care with 7 imported car dealers

South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...

Hyundai Mobis exceeds $770 bn in R&D investment in 2023

Hyundai Mobis exceeds $770 bn in R&D investment in 2023

South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...

S.Korea to discuss bilateral currency swap with Japan

S.Korea to discuss bilateral currency swap with Japan

South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...

US emerges key to Korea’s nuclear power plants exports to Saudi Arabia

US emerges key to Korea’s nuclear power plants exports to Saudi Arabia

Saudi Arabia, which is seeking to build two 1.4 gigawatts (GW) nuclear power plants, is demanding that the US allow uranium enrichment, according to...

S.Korea’s Handsome releases brand book with Assouline

S.Korea’s Handsome releases brand book with Assouline

South Korean fashion company Handsome Corp., a division of Hyundai Department Store Group, said on Thursday that it has partnered with Assouline, on...

S.Korea's Jeju Dream Tower Casino exceeds $7.6 mn in net monthly sales

S.Korea's Jeju Dream Tower Casino exceeds $7.6 mn in net monthly sales

Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., broke the 10 billion won ($7.6 m...

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

Samsung Biologics, Pfizer sign $411.3 mn agreement for long-term CDMO

Samsung Biologics, Pfizer sign $411.3 mn agreement for long-term CDMO

Samsung Biologics Co., the world’s No. 1 contract drugmaker, announced a groundbreaking strategic partnership with Pfizer on Thursday, marking...

S.Korea to ease regulations for foreign investor in domestic market

S.Korea to ease regulations for foreign investor in domestic market

South Korea is set to raise the annual cap for individuals' overseas fund transfers without prior notice from $50,000 to $100,000, thereby easing th...

Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath

TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...

Hyundai, SK battery JV may receive up to $700 mn in US grants

Hyundai, SK battery JV may receive up to $700 mn in US grants

Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...

S.Korea to design proven type reactor of nuclear fusion power

S.Korea to design proven type reactor of nuclear fusion power

South Korean government has initiated the design phase for a nuclear fusion power proven type reactor, taking a significant step toward harnessing n...

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Korea head Sam Lee resigns

Affinity Equity Partners’ Seoul office head Sam Lee has left the global investment firm, sources familiar with the matter told The Korea Econo...

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...

LS Cable, Hanwha to build S.Korea’s largest offshore wind farm

LS Cable, Hanwha to build S.Korea’s largest offshore wind farm

South Korea's LS Cable & System announced on Wednesday that it has been selected as the priority negotiator for the supply of submarine cables f...

CAPA: Dong-A ENG Co.

CAPA: Dong-A ENG Co.

Key facts:- Industry: Mass-production mold design and manufacturing/machinery manufacturing- Mainstay products/services: Automotive interior molds, GM...

LG Energy, Novonix join hands for US EV battery material

LG Energy, Novonix join hands for US EV battery material

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...

Samsung Biologics to double production by 2032; eyes ADCs, M&As

Samsung Biologics to double production by 2032; eyes ADCs, M&As

BOSTON – Samsung Biologics Co., the world’s No. 1 contract drugmaker, plans to more than double its total annual production capacity to ...

Korean Air says it can conclude Asiana takeover via big concessions

Korean Air says it can conclude Asiana takeover via big concessions

The head of Korean Air Lines Co. has expressed confidence over the airliner's proposed acquisition of Asiana Airlines, saying, "We will make it happ...

Dong-A Eng Co.

Dong-A Eng Co.

Key facts Main Business Industrial mold design and manufacturing / machinery manufacturing212.1 Millions USE(Automated Optical Inspection; AOI...

Hyundai Mobis to expand vehicle module facility in S.Korea

Hyundai Mobis to expand vehicle module facility in S.Korea

South Korea’s Hyundai Mobis Co. will build its third automotive module plant in Ulsan, South Korea, where its parent Hyundai Motor Group opera...

KT, Naver chosen as suppliers of S.Korea’s hyperscale AI project

KT, Naver chosen as suppliers of S.Korea’s hyperscale AI project

South Korean Ministry of Science and ICT and the National Information Society Agency (NIA) have enlisted four tech enterprises — KT Corp., Nav...

S.Korea to seek expansion of healthcare package export

S.Korea to seek expansion of healthcare package export

South Korean government has set a goal to expand medical service exports by attracting 700,000 foreign patients and receiving 70 applications of ove...

Korean LCC Air Premia to spur growth through IPO, more aircraft

Korean LCC Air Premia to spur growth through IPO, more aircraft

Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast gro...

Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

 Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...

Kia recruits exterior designer John Buckingham from BMW

Kia recruits exterior designer John Buckingham from BMW

Kia Corp. announced on Monday the recruitment of John Buckingham, a distinguished designer with an impressive portfolio that includes BMW, Bentley, ...

S.Korea's new hybrid car registrations in May exceed diesel's for first time

S.Korea's new hybrid car registrations in May exceed diesel's for first time

The number of newly registered hybrid cars in South Korea overtook that of diesel cars for the first time thanks to consumer focus on such models,...

Samsung perfects the home theater with top-notch multichannel soundbar

Samsung perfects the home theater with top-notch multichannel soundbar

Samsung Electronics Co. is not only the world’s biggest TV and memory chip maker but also the global No. 1 soundbar brand thanks to its top-no...

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