Winia Electronics sharpens marketing efforts in Mexico
Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...
POBA targets upper-middle market in North America for PD investment
Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...
Hyundai to invest $10.5 bn in US EV, future mobility sectors
Hyundai Motor Group, South Korea’s top automaker, unveiled plans to spend $10.5 billion on the auto industry in the US through 2025 as it aims...
Korean agricultural machinery maker to expand US production
South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...
SK Ecoplant to invest $80 mn in Malaysia for SE Asia biz
South Korea’s top waste management company SK Ecoplant Co. is set to expand its business in Southeast Asia with an $80 million investment in M...
SK invests in US digital healthcare firm Cala Health
South Korea's SK Biopharmaceuticals Co. has dipped its toes into the rapidly growing digital healthcare market by investing in Cala Health, a US-bas...
NPS, KTCU to invest $390 mn in US major power generator
Some major South Korean institutional investors, including National Pension Service (NPS) and Korean Teachers’ Credit Union (KTCU), are set ...
HR startups outwit job posting sites for IT workers
The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...
Teachers' Pension eyes direct lending, PE with low leverage
Teachers’ Pension (TP) of South Korea will increase exposure to its overseas alternative assets, its Chief Investment Officer Lee Kyu-hong sai...
KT maintains throne in Korea pay TV market in H2 2021
KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...
KFCC to focus on ESG values in real asset investment
The Korean Federation of Community Credit Cooperatives (KFCC), a South Korean community bank managing 70 trillion won ($55.1 billion) in assets, is ...
KIC to up alternative assets to 25% of AUM by 2025
Korea Investment Corporation (KIC) will continue to expand alternative investments while strengthening its asset management skills by increasing d...
LG Uplus eyes metaverse niches for office workers, kids
South Korea’s LG Uplus Corp. will target specific groups of customers such as office workers and preschoolers for its metaverse platforms, set...
MBK puts home decor firm Modern House on market
MBK Partners has added South Korea's top home decor company Modern House to the list of assets it plans to exit this year, as domestic retail giants...
LG Energy, SK On to add prismatic types to EV cell lineups
LG Energy Solution Ltd. and SK On Co., the world’s No. 2 and No. 5 battery makers, respectively, are set to add prismatic batteries to their l...
Volkswagen partner SoluM eyes top spot in global ESL market
SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...
Police identify visitor to Terra founder's home as crypto streamer
The uninvited visitor to Terraform Labs co-founder and CEO Do Kwon's Seoul residence has been identified by police. An AfreecaTV streamer who g...
Global experts to discuss alternative investment at ASK 2022
The Korea Economic Daily will host ASK 2022, or Alternative Investment Summit Korea 2022, at the Conrad Seoul hotel on May 18. More than 800 alterna...
KB Asset buys Belgian office towers for $654 million
KB Asset Management Co., the investment arm of KB Financial Group in South Korea, said on Friday it has completed a 100% acquisition of North Galaxy...
SK Square taps NPS PE expert as global investment head
South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...
SK On to build $2.3 bn EV battery plant for Hyundai in US
SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, plans to build a new US factory to supply batteries to a planned E...
LG Energy completes LFP battery development for Tesla
South Korea’s LG Energy Solution Ltd., the world’s No. 2 battery producer, boosted its muscle to court industry leader China’s Con...
HBO, Paramount to enter Korea via local OTT players
Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...
POSCO to invest $20 billion in battery materials to rival Chinese firms
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable supply of key raw m...
CJ ventures into fandom platform with $17 mn investment
CJ Group, one of South Korea’s largest family run conglomerates, or chaebol, is venturing into the fandom platform business with a 22.4 billio...
Celltrion to sell biosimilar products via its own channel in Europe
South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...
Korean app market One Store to venture into SE Asia
One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...
Affirma taps NPS executive as private credit head
Singapore-based private equity firm Affirma Capital has founded an affiliate for private credit management and tapped Kim Seong-mok, a former execut...
Korea’s SFA Engineering aims for top spot in smart factory market
SFA Engineering Corp., a small South Korean equipment maker, has for decades been known for its automated machines used in the manufacture of displa...
