money services business

South Korea’s two companies, Lordsystem and NHN Doctortour, decided to cooperate on mobile passport identity verification services, which wi...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, is drastically cutting costs while maintaining investments in f...

South Korea's e-commerce platform Cafe24 said Thursday that it has signed an agreement with CJ Logistics to provide fulfillment services to online s...

Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...

South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...

South Korean food giant CJ CheilJedang Corp. is considering a new name for the company in a bid to represent its main businesses and target global c...

Shopee Korea, an e-commerce platform for Southeast Asian and Taiwanese customers, said on Wednesday that it would expand the Shopee Logistics Service ...

Dragonfly said on Wednesday that it has signed a memorandum of understanding (MOU) with CJ ENM Co. to cooperate in moving into new content busines...

Come next year, Kakao Brain, the artificial intelligence arm Kakao Corp., is slated to unveil an AI system that can write the first draft diagnosis ...

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

SK Telecom, a leading South Korean 5G services provider, announced on Sunday that it won two global awards: Global Telecom Awards 2022 and Leading L...

More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited employment and labor...

Korea’s leading tire maker Hankook Tire & Technology Co. and Daeyoung Chaevi, one-stop electric vehicle (EV) charging solution provider, s...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...

South Korea's stem-cell therapy company Medipost announced on Thursday that its Canadian affiliate OmniaBio made a two-day visit to South Korea on N...

Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...

HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...

SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...

Business sentiment among South Korea's companies has fallen to its lowest level in 23 months, as worsening business conditions mainly in the non-man...

Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...

One out of four startups in South Korea is considering moving its business abroad in search of looser regulation. In a survey of 256 startups b...

Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...

Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

South Korean clothing and footwear distributor Youngone Corp. acquired 30 billion won ($22.8 million) worth of Hanjin KAL Corp. shares in August of ...

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

Saudi Arabia’s crown prince Mohammed bin Salman is known to be planning meetings with leaders of major South Korean conglomerates, including S...

South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...

South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...