Airplane hangar built in Heart of S.America by KOICA
The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub is gaining momentum.K...
S.Korea to inject more than $2.3 bn in quantum science, tech by 2035
South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...
Samsung to invest $230 bn in Korea on speedy govt support
Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...
Hyundai bets big on futuristic displays, eyes roll-up screen in 3 years
South Korea’s top auto parts maker Hyundai Mobis Co. said on Tuesday it expects to begin mass production of its rollable vehicle display &ndas...
7-Eleven’s operator Korea Seven hit by rating cut
The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...
S.Korea to return to Japan’s preferential trade partner list in July
Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...
POSCO Int'l, CIP tie up for Korean offshore wind project
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...
Korea’s KHNP wins project for tritium removal plant in Romania
State-backed Korea Hydro & Nuclear Power Co. (KHNP) has won a €200 million order to build a tritium removal facility (TRF) at a nuclear pow...
S.Korean gov't unveils new K-tourism video ads
The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...
S.Korean firms' rights issues swell 10-fold in June
An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...
S.Korea's Naver Webtoon to expand IP-based operations
South Korea's Naver Webtoon is selling its online intellectual property (IP)-based webtoon products on the offline market to expand its webtoon IP o...
Samsung, 4 Korean banks to foster financial software engineers
Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...
Amorepacific to strengthen partnership with A.S. Watson
South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...
South Korea’s next price cut target to ease inflation; flour prices
South Korea urged domestic millers to cut flour prices after demanding a similar move to instant noodle makers to further ease inflationary pressure...
S.Korea breaks into World Bank's global logistics top 20 list for 1st time
South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...
Cheil Worldwide wins Grand Prix at Cannes Lions 2023
South Korea's leading ad agency and marketing company Cheil Worldwide clinched nine awards, including the coveted Grand Prix, at the esteemed Cannes...
Vestas to relocate Asia-Pacific HQ to Seoul in September
Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...
Hyundai Motor to take 1st crack at Korea’s used car market
South Korea’s top automaker Hyundai Motor Co. is entering the country’s used car market, whose entry by big companies has long been deni...
How North Korea’s Hacker Army Stole $3 Billion in Crypto, Funding Nuclear Program
Last year an engineer working for the blockchain gaming company Sky Mavis thought he was on the cusp of a new job that would pay more money.A recrui...
BlueOval SK secures $9.2 bn loan from US Department of Energy
BlueOval SK, the battery production joint venture between SK On Co. and Ford Motor Co., has provisionally secured up to $9.2 billion in policy suppo...
AI talent shortage poses threat to Korean AI tech development
Since the advent of the AI-powered chatbot sensation ChatGPT, the battle to win AI talent across companies large and small has intensified, threaten...
SK Pharmteco opens 2nd biomanufacturing plant in France
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured a second plant ...
Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years
The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...
S.Korea's Samyang Foods promotes Buldak Ramen in Hanoi
Samyang Foods Co., South Korea's leading food manufacturer, announced on Friday that it opened a promotional booth at the "K-Food Festival" held at ...
Revuelto, Lamborghini's first PHEV, launched in S.Korean market
Italian supercar brand Automobili Lamborghini unveiled its first-ever plug-in hybrid (PHEV) super sports car, the "Revuelto," in South Korea on Frid...
S.Korea expands cooperation with Vietnam in intellectual property rights
The Korean Intellectual Property Office (KIPO) on Thursday said it signed a memorandum of understanding with the Intellectual Property Office of Vie...
S.Korea's military aircraft exports to NATO get major boost
South Korea has concluded a deal with the North Atlantic Treaty Organization (NATO) on mutual recognition of certification of military aircraft airw...
US burger chain Five Guys to launch in South Korea on June 26
The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...
Blind recognized as one of Time100 Most Influential Companies 2023
Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...
Korea’s SK Square sells off entire stake in Grab as shares tumble
SK Square Co., the intermediate holding company of South Korea’s SK Group, has liquidated Grab Geo Holdings, a joint venture with Grab Holding...
