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HLB Therapeutics signs contract for COVID vaccine distribution rights

HLB Therapeutics signs contract for COVID vaccine distribution rights

South Korea's pharmaceutical firm HLB Therapeutics Co. said on Monday that it has signed an agreement with the Korea Disease Control and Prevention ...

Korea’s Poongsan earnings to improve on copper rebound

Korea’s Poongsan earnings to improve on copper rebound

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

S.Korea's CMG Pharmaceutical opens animal medicine unit

S.Korea's CMG Pharmaceutical opens animal medicine unit

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...

LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea

LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea

LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...

Hyundai Motor to supply 3,000 vehicles to Libya's disabled

Hyundai Motor to supply 3,000 vehicles to Libya's disabled

Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...

Hyundai Motor transforms buses into mobile office spaces

Hyundai Motor transforms buses into mobile office spaces

South Korea's automaking giant Hyundai Motor Co. said on Monday it had launched the country's first mass-produced mobile office bus: the "Universe M...

Air Busan to resume Busan-Vientiane flights after 3-year hiatus

Air Busan to resume Busan-Vientiane flights after 3-year hiatus

Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...

S.Korea's LS Mtron opens center to reinforce global logistics

S.Korea's LS Mtron opens center to reinforce global logistics

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...

Technocrats dominate major Korean companies’ leadership

Technocrats dominate major Korean companies’ leadership

Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...

S.Korea must use Indonesia, Thailand as EV output-export bases: report

S.Korea must use Indonesia, Thailand as EV output-export bases: report

The Korea Automotive Technology Institute says the domestic auto industry should more proactively use Asean-region members like Indonesia and Thaila...

Korea to retain more skilled foreign workers with visa status upgrade

Korea to retain more skilled foreign workers with visa status upgrade

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

KT to commercialize self-driving robots with startup Neubility

KT to commercialize self-driving robots with startup Neubility

KT said on Friday that it has signed a partnership agreement with Neubility, an outdoor self-driving robot developer, to expand its robot service bu...

KRX opens German office to promote EU certification of Korean indices

KRX opens German office to promote EU certification of Korean indices

The Korea Exchange said that it opened its third overseas office in Frankfurt, Germany, and would promote the EU Benchmarks Regulation (BMR) certifi...

S.Korea's e-commerce platform Plugo secures $9 million in investment

S.Korea's e-commerce platform Plugo secures $9 million in investment

South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...

Kiturami's carbon mats, hot ticket in Korea this winter

Kiturami's carbon mats, hot ticket in Korea this winter

Convenience and less heating costs have been changing the shape of South Korea's heated mat market which has been traditionally led by electric mats...

S.Korea rules dumping of polyamide film by China, Thailand, Indonesia

S.Korea rules dumping of polyamide film by China, Thailand, Indonesia

The South Korean government has issued a ruling on the dumping of polyamide film from China, Thailand and Indonesia and aluminum hydroxide from Chin...

Gabriela Hearst, Veronica Beard, Toteme to launch in Korea

Gabriela Hearst, Veronica Beard, Toteme to launch in Korea

US designer brands Gabriela Hearst and Veronica Beard, as well as Swedish premium Toteme are set to open exclusive stores in South Korea to allure f...

S.Korea's golf course market doubles in value over 10 years

S.Korea's golf course market doubles in value over 10 years

The value of South Korea's market golf course market now equals 98.5% of Japan's.The Korea Leisure Industry Institute (KLII) on Thursday released a ...

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air newly incorporated into 2022 DJSI Korea

Korean Air Lines Co. announced on Wednesday that it has been newly included in the 2022 Dow Jones Sustainability World Index (DJSI) Korea announced ...

LG Uplus ramps up user experiences, platforms, metaverse

LG Uplus ramps up user experiences, platforms, metaverse

LG Uplus Corp., the third-largest mobile carrier in South Korea, is improving its user experiences as well as accelerating new businesses such as pl...

Korea's 2021 bio sector output $15.4 bn; 5-year annual growth 20%

Korea's 2021 bio sector output $15.4 bn; 5-year annual growth 20%

South Korea's bio industry last year exceeded 20 trillion won ($15.4 billion) in production for the first time and continues to see strong growth.Th...

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...

Shin Hanul revives Korea’s aim to become global nuclear powerhouse

Shin Hanul revives Korea’s aim to become global nuclear powerhouse

  South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming ...

Shinsegae chairwoman maintains most expensive house in Korea

Shinsegae chairwoman maintains most expensive house in Korea

South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...

Daewoong submits new drug applications for Fexuclue in 10 countries

Daewoong submits new drug applications for Fexuclue in 10 countries

South Korea's leading drug company Daewoong Pharmaceutical is accelerating its global expansion efforts for its 34th domestically developed drug Fex...

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric joins hands with GE to enter offshore wind power business

Hyundai Electric will advance into the offshore wind power market jointly with GE Renewable Energy.Hyundai Electric, an electric systems spinoff fro...

S.Korea's Shinsegae, KT tie up to develop digital ecosystem

S.Korea's Shinsegae, KT tie up to develop digital ecosystem

South Korea’s retail giant Shinsegae Group and leading telecommunication carrier KT Corp. have joined hands to develop the digital ecosystem i...

S. Korea's GI Cell, Japanese partner to study cell therapy for blood cancer

S. Korea's GI Cell, Japanese partner to study cell therapy for blood cancer

South Korea's GI Cell, the cell therapy affiliate of GI Innovation, on Tuesday said it signed an agreement with Optieum Biotechnologies of Japan on ...

S. Korea fosters 30 food tech unicorns within next 5 years

S. Korea fosters 30 food tech unicorns within next 5 years

The Korean government by 2027 seeks to develop 30 food tech unicorns and boost exports in this sector to $2 billion through stronger support for the...

CJ OliveNetworks develops factory big data solution

CJ OliveNetworks develops factory big data solution

South Korea's IT service management firm CJ OliveNetworks Co. Ltd. said on Wednesday that it has developed a real-time database (RTDB), a data manag...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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