LG Uplus secures compliance management system certification

LG Uplus Corp. announced on Sunday it has obtained ISO 37301 certification for its compliance management system, marking a first among the three Sou...

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...

Kakao's AI filter reduces profanity in online news comments

South Korean tech giant Kakao Corp. has reduced swearing and negative comments about news on its online portals such as Daum and Kakao View by using...

SK Ecoplant earns AA grade for FTC's voluntary compliance program

South Korea's construction engineering company SK Ecoplant Co., Ltd. is accelerating its environmental, social, and governance (ESG) management effo...

S.Korea's Bespin Global secures $107 mn from Middle East

South Korea's cloud management company Bespin Global said on Monday that it has secured 140 billion won ($107 million) in investment from e& Ent...

KB Financial included in DJSI for 7 consecutive years

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

KIC buys stake in US credit asset manager Golub Capital

Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...

Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

SK Car Rental acquires ISO 45001 for safety, health management system

SK Car Rental said on Wednesday that it has obtained the safety and health management system (ISO45001) certification from the British Standards Ins...

Hankook Tire ESG Report wins gold prize in LACP 2022 Spotlight Awards

The ESG Report of Hankook Tire & Technology won the gold prize in the 2022 Spotlight Awards hosted by the League of American Communications Prof...

Kumho Tire receives silver medal from EcoVadis

Kumho Tire Co. announced on Tuesday that it received a silver medal from EcoVadis, a global ESG (environmental, social, and governance) evaluation a...

DWS taps Steven Kim as APAC real estate asset management head

German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven Kim (Kim Sang-wook) ...

Samsung Elec names first female president under Chairman Jay Y. Lee

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

Korean restaurant startup GFFG raises $23 million in Series A round 

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...

Blockchain co. Reality Reflection's board to discuss mangement reshuffle

The South Korean blockchain ecosystem is facing a string of management disputes, hit by worsening conditions of the global cryptocurrency market.&nb...

Employment, labor regulations most burdensome for small businesses

More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited employment and labor...

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

NPS shortlists 6 candidates for chief investment officer opening

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...

Market volatility creates opportunities for secondary buyers: Stafford

Equity and bond portfolios' shrinking assets are major challenges currently faced by global investors in terms of asset allocation. But the situatio...

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...

Fintech co. Awake Corp. provides financial management tool to creators

South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...

SK expands sustainable food biz with $7.5 mn US investment

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

Carlyle promotes two Koreans to partner, MD

The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...

SK Lubricants rebrands with name change as SK Enmove

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

Korea LIG Nex1 to enjoy record earnings on missile exports

LIG Nex1 Co., a leading South Korean defense company, is expected to see record earnings this year on strong missile exports, helping its shares sur...

SK Geo Centric secures $363 mn in sustainability loans on favorable terms

SK Geo Centric Co., a South Korean petrochemical company, said on Tuesday it has secured 475 billion won ($363 million) in sustainability-linked loa...

KT&G enlists Goldman Sachs to cope with shareholder activism

KT&G Corp., the world’s fifth-largest tobacco maker, appointed Goldman Sachs as an advisor to improve corporate governance after a Singapo...

Celltrion's Q3 earnings boosted by Remsima sales in Europe

South Korean biopharmaceutical giant Celltrion Inc. announced 654.6 billion won ($478.2 million) in revenue and 213.8 billion won in operating profi...

SK Nexilis bolsters ties with Polish, Korean cities for sustainable growth

South Korean copper foil producer SK Nexilis Co. on Nov. 7 signed an MOU with the authorities of two cities — Jeongeup, Korea, and Stalowa Wol...

S.Korea's shipbuilding order volume to plummet next year: report

South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...