NPS' new chairman Kim Tae-hyun to start 3-year term

NPS' new chairman Kim Tae-hyun to start 3-year term

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

Korea's Hyundai E&C to build smart green city in Vietnam

Korea's Hyundai E&C to build smart green city in Vietnam

Hyundai Engineering & Construction Co. is poised to become the first South Korean company to join Vietnam’s green smart city development p...

LG Energy, Honda to form JV for EV battery production in the US

LG Energy, Honda to form JV for EV battery production in the US

LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...

Samsung SDS to collaborate with NIST in post-quantum cryptography

Samsung SDS to collaborate with NIST in post-quantum cryptography

Samsung SDS Co. announced on Thursday it will participate in the Migration to Post-Quantum Cryptography (PQC) project hosted by the National Cyberse...

Hyundai’s Chung rolls up sleeves to counter US EV tax credit act

Hyundai’s Chung rolls up sleeves to counter US EV tax credit act

Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...

Samsung C&T to build solar power plants worth $595 mn in Qatar

Samsung C&T to build solar power plants worth $595 mn in Qatar

South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...

Conversation at Panmure House

Conversation at Panmure House

I recently was asked by Patrick Schotanus of Edinburgh Business School to participate in their inaugural symposium on the subject of cognitive e...

Halla Group to change corporate name to HL Group

Halla Group to change corporate name to HL Group

South Korea’s Halla Group is changing its corporate name to HL Group as the construction-to-auto parts conglomerate celebrates the 60th annive...

Daedong attracts investment from Kakao for smart mobility projects

Daedong attracts investment from Kakao for smart mobility projects

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has attracted 10 billion won ($7.6 million) from Kakao Mobility Corp. t...

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Silicon Valley-based AI startup Allganize revs up to go public in Japan 

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

SK seeks to build EV charger plant in US on subsidies

SK seeks to build EV charger plant in US on subsidies

SK Group, South Korea’s No. 2 conglomerate, is seeking to build an electric vehicle charger plant in the US in a move to accelerate the expans...

Home decoration app O!House launches a beta version in Japan

Home decoration app O!House launches a beta version in Japan

“Even though different countries have varying living conditions, we all share the common goal of decorating our spaces,” Jay Lee, CEO of...

S.Korea’s SPAC IPOs eclipse company public listings

S.Korea’s SPAC IPOs eclipse company public listings

Special purpose acquisition companies (SPACs) are gaining momentum in South Korea’s initial public market on the back of eased regulations and...

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

KOGAS to cut exposure to Indonesia LNG project in 2027

KOGAS to cut exposure to Indonesia LNG project in 2027

The state-run Korea Gas Corp. (KOGAS) has decided to reduce its exposure to a $2.8 billion joint liquefied natural gas (LNG) project in Indonesia in...

US private equity giant Apollo making inroads into Korea

US private equity giant Apollo making inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

US private equity giant Apollo to make inroads into Korea

US private equity giant Apollo to make inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

Korean snack shares surge, Beijing halts baked goods imports from Taiwan

Korean snack shares surge, Beijing halts baked goods imports from Taiwan

Shares of South Korean confectionery and packaged snack makers skyrocketed after the Chinese government announced its decision to temporarily halt t...

KT ups ante with $1.5 billion spending on public sector cloud service

KT ups ante with $1.5 billion spending on public sector cloud service

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore declares 1st cash dividend in 14 years

Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...

SK, Naver to launch cloud services for Korean public institutions

SK, Naver to launch cloud services for Korean public institutions

South Korea’s leading cloud computing and software services providers are slated to join forces to launch a service for smart working in Korea...

SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty

SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty

SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...

KB Asset aims for first IPO of Korea's homegrown infrastructure fund

KB Asset aims for first IPO of Korea's homegrown infrastructure fund

South Korea’s KB Asset Management Co. is set to list its Balhae Infrastructure Fund (Balhae) on the country’s main bourse Kospi in the s...

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile game Odin, has join...

Samsung Engineering wins $680 mn gas plant project in Malaysia

Samsung Engineering wins $680 mn gas plant project in Malaysia

Samsung Engineering Co. has won a $680 million gas plant construction order in Malaysia from UK-headquartered energy giant Shell plc’s subsidi...

Hyundai Motor to build 1st Korea plant in 29 years

Hyundai Motor to build 1st Korea plant in 29 years

Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...

South Korea’s unicorn startups, including Viva Republica, delay IPOs

South Korea’s unicorn startups, including Viva Republica, delay IPOs

South Korean startups that exceed $1 billion in valuations, known as unicorns, are pushing back their initial public offering (IPO) dates.The move c...

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...

HanmiGlobal wins $34 million Saudi Diriyah complex project

HanmiGlobal wins $34 million Saudi Diriyah complex project

HanmiGlobal Co., a South Korean construction project management (PM) company, said on Monday it has won a 44 billion won ($34 million) deal, part of...

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale