low-cost carriers

South Korean flag carrier Korean Air Lines Co. has tapped Air Incheon, a local airline dedicated to cargo business, as the preferred bidder to acqui...

SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., has begun operation of its gas combined heat power (CHP) syst...

Hyundai Motor Co. plans to roll out car carrier trailers and refrigerator trucks powered by hydrogen in the second half of this year with a focus on...

LG Uplus Corp. will enable its artificial intelligence ixi on Instagram later this year to allow more people to have easy access to the most sensati...

From June 11, Air Premia Inc. is slated to launch service to Oslo, Norway, the longest-haul route for a South Korean low-cost carrier (LCC). The LCC...

South Korea's Hanwha Ocean Co. said on Thursday it received Approval in Principle (AIP) from classification society ABS for a 40,000 cubic meter liq...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight, adding to the centr...

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, expects to gain full approval from the US government by the end of October to ...

TVing, the second-largest over-the-top (OTT) platform in South Korea, has been gaining momentum from hit series such as “Lovely Runner,”...

South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...

Global chemical company Ineos Group Ltd. and South Korea’s Hanwha Group have teamed up to assess building a low-carbon ammonia facility in the...

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Friday that it will collaborate with global energy compa...

The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Commun...

South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...

South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced on Thursday that it signed a contract w...

South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, announced on Wednesday that it secured a contract to supply 7.2 million ...

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...

HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end ...

SILICON VALLEY – LG Uplus Corp., the third-largest mobile carrier in South Korea seeking to transform into a platform company, will expand its...

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...