Cheil Worldwide sets up Maghreb corporation in Morocco

Cheil Worldwide sets up Maghreb corporation in Morocco

South Korea's leading ad agency and marketing company Cheil Worldwide has established a corporation in Casablanca, Morocco, in the Maghreb to broade...

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...

LG Electronics exhibits Art Lab in New York

LG Electronics exhibits Art Lab in New York

LG Electronics Inc. recently introduced "LG Art Lab," a non-fungible token art trading platform mounted on LG TVs, through a large display board in ...

NHN Dooray, HandySoft join forces to develop advanced collaboration tools

NHN Dooray, HandySoft join forces to develop advanced collaboration tools

NHN Dooray, a provider of online collaboration tools, has signed a memorandum of understanding (MOU) with HandySoft, Inc., South Korea's leading gro...

MBK to buy Japanese nursing home and care service for $300 mn

MBK to buy Japanese nursing home and care service for $300 mn

MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...

KAL introduces self-service bag drop for domestic flights

KAL introduces self-service bag drop for domestic flights

South Korea's flagship carrier Korean Air Lines Co. is the first airline in the country to adopt self-service bag drop on domestic flights.The compa...

NGeneBio to launch precision cancer test service in Thailand

NGeneBio to launch precision cancer test service in Thailand

South Korean medical diagnostic company NGeneBio Co. has partnered with MP Group, a large consignment testing agency in Thailand, to launch a precis...

Samsung’s Galaxy Book3 series to take on Apple’s MacBook

Samsung’s Galaxy Book3 series to take on Apple’s MacBook

In today’s connected world, the ultimate gadget consumers want brings together everything they need at any time, without hassle.Samsung Electr...

Korea Customs Service to advance Tanzania's e-customs clearance system

Korea Customs Service to advance Tanzania's e-customs clearance system

The Korea Customs Service said on Wednesday that it has signed a memorandum of understanding (MOU) with the Tanzania Revenue Authority for cooperati...

S.Korea's Woowa Brothers launches professional service robot affiliate

S.Korea's Woowa Brothers launches professional service robot affiliate

Woowa Brothers, the parent company of South Korea's food delivery app Baedal Minjok, on Wednesday spun off its professional service robot unit into ...

Hanwha Hotels & Resorts to work with Vietnam's Lodgis to expand overseas network

Hanwha Hotels & Resorts to work with Vietnam's Lodgis to expand overseas network

South Korea's Hanwha Hotels & Resorts Co., Ltd. said on Wednesday that it has signed a strategic memorandum of understanding (MOU) with Lodgis H...

Korea's credit card approval volume hit all-time high last year

Korea's credit card approval volume hit all-time high last year

The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...

SGC Solutions expands overseas sales channels for its brand Glasslock

SGC Solutions expands overseas sales channels for its brand Glasslock

South Korea's glassware maker SGC Solutions said Tuesday that it has signed a memorandum of understanding (MOU) with the Korea Small & Medium Bu...

Bluecove buys Grand Hyatt Seoul for over $565 million

Bluecove buys Grand Hyatt Seoul for over $565 million

South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap, Shinsegae I&C sign agreement for EV charging collaboration

Tmap Mobility said on Monday that it has signed an agreement for the electric vehicle charging business with Shinsegae I&C, an IT service affili...

Kakao Mobility to pursue joint development with 4 major delivery services

Kakao Mobility to pursue joint development with 4 major delivery services

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

Korea's venture capital investment falls 12% last year amid downturn

Korea's venture capital investment falls 12% last year amid downturn

South Korea's venture capital investment last year fell more than 10% from a year ago due to the economic downturn caused by a series of global rate...

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Dept. Store introduces AI chatbot service Jellppo

Hyundai Department Store Co. said on Sunday that it would introduce the artificial intelligence (AI) chatbot "Jellppo." Jellppo is an AI-based one-o...

S.Korea's Bespin Global launches all-in-one AIoT

S.Korea's Bespin Global launches all-in-one AIoT

South Korea's cloud solution provider Bespin Global said on Thursday that it would launch "IoTOps," a software as a service (SaaS)-based artificial ...

POSCO gets nod for battery technology transfer to overseas plants

POSCO gets nod for battery technology transfer to overseas plants

POSCO Chemical Co., a unit of South Korean steelmaker POSCO Holdings Co., on Thursday won government approval to transfer technology to its overseas...

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud joins ranks of unicorns with $120 mn funding

NHN Cloud Co., a computer clouding service provider, has raised 150 billion won ($120 million) from South Korea-based IMM Investment, joining the ra...

Samsung Biologics CEO focuses on global business

Samsung Biologics CEO focuses on global business

John Rim, chief executive of Samsung BioLogics will directly lead his company's global sales operations for biopharmaceuticals through contract deve...

Korean tractor exports hit record high of $1.3 bn in 2022

Korean tractor exports hit record high of $1.3 bn in 2022

Exports of South Korean tractors hit a fresh record high for the second consecutive year in 2022, according to Korea Customs Service on Jan. 24. Kor...

Lotte Duty Free wins bid to operate Melborune Airport duty-free shop

Lotte Duty Free wins bid to operate Melborune Airport duty-free shop

Lotte Duty Free, an affiliate of the Lotte Group, won a bid for an Australian airport duty-free shop business, accelerating its move to bolster over...

Kolmar Korea to establish new cosmetics production base in Sejong City

Kolmar Korea to establish new cosmetics production base in Sejong City

South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...

S.Korea's waste recycler ReCo lands $11.8 million in investment

S.Korea's waste recycler ReCo lands $11.8 million in investment

South Korea's startup ReCo, which runs the comprehensive waste collection and transportation service UpBox, on Wednesday said it attracted Series B ...

Korean Air to resume flight services on four European routes

Korean Air to resume flight services on four European routes

Korean Air Lines Co. will resume operations on four European routes, including Prague, the Czech Republic, sequentially from March for the first tim...

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex wins order for Sydney subway screen doors

Hyundai Movex, a Hyundai Group affiliate of South Korea, is moving to expand its overseas business in earnest with the opportunity to win an order t...

Genie's overseas sales of music sources surge with K-pop boom

Genie's overseas sales of music sources surge with K-pop boom

Genie Music Corp., a music content distributor of South Korean telecommunication giant KT Corp., said on Jan. 19 that its overseas sales of music so...

KT Skylife offers Disney Plus service via its channel

KT Skylife offers Disney Plus service via its channel

KT Skylife Co.,the satellite TV service subsidiary of South Korea's telecommunications-oriented KT Group, said on Wednesday that it is offering Disn...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady