Sartorius to build $600 mn Korea facilities, open to more investment
Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...
Chevrolet Trailblazer tops in US small SUV market
Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...
S.Korea’s January-April car exports at record high of $23.2 bn
In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...
CJ CheilJedang plans to globalize Korean street food
South Korea's food giant CJ CheilJedang Corp. is set to launch a range of Korean street food as new products, aiming for global expansion. The compa...
Daewoong Pharmaceutical’s cumulative tech exports exceed $870 mn
South Korea’s Daewoong Pharmaceutical said on Friday that it had concluded three technology export agreements for new drugs and new drug candi...
S.Korean growth outlook dims on increased trade deficit
South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...
K-beef targets global halal market through exports to Malaysia
Korean beef is making its entry into the global halal food market, starting with Malaysia. South Korean Ministry of Agriculture, Food and Rural Affa...
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...
KAI, bastion of South Korea’s fast-growing defense industry
SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...
S.Korea, US agree on simplified EV charger export procedure
South Korean companies looking to export electric vehicle chargers to the United States can now receive local certification more conveniently within...
S.Korea’s car exports hit record high of $15.4 bn in Q1
South Korea's car exports achieved their highest-ever record in the first quarter 2023, increasing by over 40% from a year ago, according to data fr...
Daewoong to transfer techs for autoimmune disease to US pharma
South Korea's Daewoong Pharmaceutical announced on Friday that it has signed a technology export contract for the clinical development and commercia...
S.Korea to support exports of 100 SMEs in metaverse, XR industry
South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...
Chinese weak domestic demand causes S.Korean trade deficit: report
The Korea International Trade Association (KITA) has urged South Korea to develop a strategy to strengthen exports to China based on its market situ...
S.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...
S.Korea's Kainos Medicine exports AIDS treatment technology to China
South Korean new drug developer Kainos Medicine Inc. announced on Friday that it had signed a technology transfer agreement with Chinese pharmaceuti...
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...
Export of Korean medical devices to Vietnam to be easier
South Korea's Ministry of Food and Drug Safety announced on Thursday that the public procurement regulations of the Vietnamese government, which had...
S.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry
The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export consultation meeting for...
S.Korea offers major support to online overseas shipments of 100 promising SMEs
South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...
S.Korea's online voting service company exports its techs to Kyrgyzstan
South Korea's online voting service company Kevoting announced on Wednesday that its mobile voting platform service was adopted for the local counci...
What’s the next K-sensation after rise of 60-year-old K-ramen?
It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...
S.Korean semiconductor industry faces sharp decline: report
The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...
S.Korean ramen's exports reach new heights amid K-content boom
Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...
S.Korea strikes deal with Ecuador to export pears
South Korea's Animal and Plant Quarantine Agency announced on Thursday that after 10 years of negotiations, the country has secured a deal with Ecua...
NongHyup opens office in Vietnam to strengthen K-food exports
South Korea's NongHyup, or the National Agricultural Cooperative Federation, announced on Wednesday that it has opened an office in Vietnam with pla...
Falling freight rates set to boost LG, Hyundai’s earnings
The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...
MBK Partners eyes China’s local consumption: Letter to investors
Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...
Korean kitchen automation startups' US advance gains traction
South Korean kitchen automation system developers are eyeing the US as their next key market as demand for automated restaurant operating systems in...
