CJ Logistics revamps itself into tech-based company

South Korea’s CJ Logistics on Monday said it has revamped its internal organization that it had maintained since its foundation in 1930. ...

NHN Cloud to boost mobile games operations in Japan

South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presentation on security bre...

KB Financial pursues glocalization in Southeast Asia

KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...

HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship

South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...

LG Uplus, Kakao Mobility to form EV charging JV

South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...

Hanwha TotalEnergies completes building POE pilot plant

Hanwha TotalEnergies Petrochemical Co., a South Korean joint venture between Hanwha Group and TotalEnergies, announced on Thursday that it has compl...

Kakao Healthcare to build metaverse healthcare platform

Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao, announced on Wednesday that it has been selected as the final operato...

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'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...

HD KSOE breaks ground on marine engine plant in Saudi Arabia

HD Korea Shipbuilding & Offshore Engineering (KSOE) said on Sunday its joint venture Makeen has broken ground on a marine engine plant in Saudi ...

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 ...

S.Korea-Iraq Joint Committee resumes operations after six years

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

Shopping without passport at S.Korea’s Lotte Duty Free

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

GM names Hector Villarreal as new CEO for S.Korean operations

General Motors (GM) on Friday named Hector Villarreal as the new president of GM Korea. After more than 40 years with the company, GM Korea Presiden...

Soft Mold

Key facts Industry Mold manufacturing, injection molding Mainstay products/services Quick delivery molds (QDM), soft molds, injection mo...

Woori Bank Vietnam, Samsung Vina Insurance team up for bancassurance

South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...

Hanjin to participate in operation of logistics center in Thailand

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...

HD KSOE gauges carbon emitted over LNG ship's lifespan

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., is calculating the carb...

LG CNS, Honeywell collaborate on smart factory

LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...

IONIQ 5 set for fully driverless public taxi service

The IONIQ 5 robotaxi, based on Hyundai Motor Co.'s all-electric crossover, will launch its first fully driverless service for public passengers late...

SK Networks eyes partnership with US-based Bow Capital

SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to dive...

KAI joins project to develop hydrogen-powered aircraft

South Korea's aerospace and defense company Korea Aerospace Industries Ltd. (KAI) on Wednesday said it joined a project of industry, academic and re...

POSCO, LG Electronics to jointly build smart factory

POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...

S.Korea to develop supercomputer for industrial use

South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...

S.Korean karaoke machine leader TJ Media enjoys post-pandemic boom

South Koreans’ love for singing is no secret, and with the lifting of social-distancing rules in the post-pandemic era their suppressed desire...

MBK Partners puts Korea’s largest golf course operator on market

North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...

Korea’s Kakao targets mobile infrastructure biz for Saudi tourism

Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to expand its business ...

Korea's two ride hailing apps to merge in H1, become top operator

South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...

POSCO DX to team up with PwC Consulting for smart factory business

POSCO DX Co., formerly POSCO ICT Co.,  the IT services subsidiary of South Korean steelmaker POSCO Holdings Inc., announced on Monday that it h...

Kia, Kakao Mobility to jointly develop PBV for ride-hailing

Kia Corp. and Kakao Mobility announced on Friday that they have signed the previous day a memorandum of understanding for the development of a purpo...