process safety management
Scope
Date
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Pension funds
NPS to commit $1.1 billion to external managers in 2024
South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth...
Apr 28, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM enhances maritime safety with AI technology
HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...
Apr 26, 2024 (Gmt+09:00)
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IPOs
Machine tool maker DN Solutions kicks off IPO process
DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...
Apr 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai AutoEver gets CSMS Level 3 certification
South Korea's Hyundai AutoEver Corp. announced on Thursday that it obtained the international standard Cybersecurity Management System (CSMS) Level ...
Apr 25, 2024 (Gmt+09:00)
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The KED View
K-pop: Pros and cons of HYBE's multi-label system
Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...
Apr 24, 2024 (Gmt+09:00)
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Fiber & Textile
Toray Advanced Materials obtains AS9120 certification
Toray Advanced Materials Korea Inc. announced Wednesday that it attained the AS9120 certification for aerospace industry quality management systems ...
Apr 24, 2024 (Gmt+09:00)
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Asset management
Samsung Asset eyes expansion into US ETF market
NEW YORK – South Korea’s largest asset manager Samsung Asset Management Co. is leveraging its strategic partnership with a US investment...
Apr 23, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank launches All-care Solution for Real Estate Wealth
South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...
Apr 23, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Blackstone signs over $1 bn deal with MBK for 1st exit in Korea
Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....
Apr 22, 2024 (Gmt+09:00)
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Electronics
Samsung unveils 2024 AI TV lineup in India
Samsung Electronics Co. launched its 2024 new TV lineup with enhanced AI functions at the Samsung Opera House in Bengaluru, India, on April 17.At th...
Apr 18, 2024 (Gmt+09:00)
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Corporate strategy
SK Innovation to adjust business portfolios for long-term growth
SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...
Apr 17, 2024 (Gmt+09:00)
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Korean startups
Paradigm Shift attracts $290k seed bridge investment
Paradigm Shift, the operator of the exercise diary app for middle-aged women Heroines, announced on Monday that it attracted a seed bridge investm...
Apr 15, 2024 (Gmt+09:00)
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Construction
Samsung C&T to build Korea’s first $103 mn hydrogen tank for power plant
Samsung C&T Corp., the construction and trading unit of South Korea’s Samsung Group, has clinched a 140 billion won ($103 million) deal to...
Apr 09, 2024 (Gmt+09:00)
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Construction & Planning
Hyundai Engineering, Trimble Solution to develop BIM
South Korea's Hyundai Engineering Co. announced on Wednesday that it partnered with Trimble Solution Korea to co-develop a building information mode...
Apr 04, 2024 (Gmt+09:00)
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Waste management
Korea Zinc buys US Kataman for $55 mn for recycling business
Korea Zinc Inc., the world’s largest lead and zinc smelter, acquired Kataman Metals LLC, a US-based scrap metal trading company, at $55 millio...
Apr 01, 2024 (Gmt+09:00)
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Electronics
LG OLED TV's new theme: Empathetic, personalized AI
LG Electronics Inc., the world’s No. 1 OLED TV producer, defines artificial intelligence as empathetic intelligence for customers. On Wednesda...
Mar 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
KDB halts KDB Life sale process to take full control
The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...
Mar 27, 2024 (Gmt+09:00)
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Private equity
IMM PE puts South Korea’s top travel agency Hanatour up for sale
IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top trave...
Mar 26, 2024 (Gmt+09:00)
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Logistics
CJ Logistics introduces LoIS Parcel system
South Korea's CJ Logistics announced on Tuesday that it completed the nationwide implementation of its next-generation parcel system LoIS Parcel.T...
Mar 26, 2024 (Gmt+09:00)
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Robotics
CJ Freshway, Hanwha Robotics to team up for food robots
South Korea's CJ Freshway Corp. and Hanwha Robotics will jointly develop food robots. The two companies signed a memorandum of understanding ...
Mar 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lunit gets court approval for Volpara acquisition in New Zealand
South Korean medical AI company Lunit announced on Thursday that it received the first approval from the High Court of New Zealand for its plan to a...
Mar 14, 2024 (Gmt+09:00)
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Banking & Finance
DGB Financial launches overseas asset management
South Korea's DGB Financial Group announced on Thursday that it opened its first overseas subsidiary Hi Asset Management Asia (HiAMA) in Singapore.H...
Mar 14, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to develop battery management system
South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...
Mar 11, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung to use recycled neon gas in chip manufacturing
Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...
Mar 07, 2024 (Gmt+09:00)
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Private equity
EQT sells Shinhan Financial stake in block deal at 30% IRR
EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...
Mar 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset rebrands Canadian subsidiary to Global X
South Korea's Mirae Asset Global Investments Co. announced on Thursday that it will change the name of its Canadian exchange-traded fund (ETF) manag...
Mar 07, 2024 (Gmt+09:00)
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Real estate
IGIS Asset halts sale process of controlling stake
Key shareholders of South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, have decided to halt the process of...
Mar 07, 2024 (Gmt+09:00)
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Insurance
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Mar 06, 2024 (Gmt+09:00)
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Robotics
Lotte, Neubility to develop autonomous security robots
South Korea's Lotte Data Communication Co. signed a memorandum of understanding (MOU) with a domestic autonomous robot service company Neubility on ...
Mar 04, 2024 (Gmt+09:00)
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Real estate
IGIS Asset Management's controlling stake put on sale
South Korea’s IGIS Asset Management Co., one of the largest real estate firms in Asia, has put the company’s 25% stake plus control prem...
Feb 29, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet