KT&G breaks ground on new plant in Kazakhstan

KT&G breaks ground on new plant in Kazakhstan

South Korea's KT&G Corp., the world’s fifth-largest tobacco maker, announced on Thursday the commencement of its new factory's constructio...

KT&G faces another legal battle with Korean activist fund

KT&G faces another legal battle with Korean activist fund

Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&G Corp., beginni...

KAI participates in International Astronautical Congress 2023

KAI participates in International Astronautical Congress 2023

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International Astronautical Congr...

Korean Sept export drop eases as chip sales hit 1-year high

Korean Sept export drop eases as chip sales hit 1-year high

South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&r...

Instant noodles, rice, kimchi buoy Korean food exports

Instant noodles, rice, kimchi buoy Korean food exports

South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice, kimchi and instant...

Daewon Pharma to export $3 mn worth of Pelubi to Indonesia

Daewon Pharma to export $3 mn worth of Pelubi to Indonesia

South Korea's Daewon Pharmaceutical Co. will export its nonsteroidal anti-inflammatory drug (NSAID) Pelubi to the Indonesian market. It's South Kore...

Samsung Heavy develops laser high-speed welding robot for LNG vessels

Samsung Heavy develops laser high-speed welding robot for LNG vessels

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

Pharmgen Science exports neomcell products directly to Vietnam

Pharmgen Science exports neomcell products directly to Vietnam

South Korea's Pharmgen Science announced on Wednesday that it has initiated shipments for its healthcare brand "neomcell" for the first direct expor...

US court rules in favor of Korea's nuclear reactor exports

US court rules in favor of Korea's nuclear reactor exports

A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...

HD Hyundai holds christening of methanol-powered ship

HD Hyundai holds christening of methanol-powered ship

South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the ...

Coupang to host business briefing on Taiwan market entry

Coupang to host business briefing on Taiwan market entry

South Korea's e-commerce leader Coupang Inc. announced on Friday that it plans to conduct a business briefing focused on aiding domestic small and m...

S.Korea to extend $6 bn in financing for African projects

S.Korea to extend $6 bn in financing for African projects

BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...

Plasmapp to export 12.3 mn worth of sterilizers to Japan

Plasmapp to export 12.3 mn worth of sterilizers to Japan

South Korea's bioplasma technology firm Plasmapp announced on Friday that it has signed a product supply contract worth 16.4 billion won ($12.3 mill...

S.Korea posts current surplus on bigger import decline in July

S.Korea posts current surplus on bigger import decline in July

South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive goods trade balance ...

S.Korea inks FTA with Philippines, boon to Korean car exports   

S.Korea inks FTA with Philippines, boon to Korean car exports   

South Korea has signed a free trade pact with the Philippines, which is expected to bolster Korean car exports to the Southeast Asian country with a...

China, beneficiary of Korea’s surging EV cell material exports

China, beneficiary of Korea’s surging EV cell material exports

South Korea’s exports of cathodes for secondary batteries are surging with the booming electric vehicle industry, but the country’s trad...

HD Hyundai posts big exports to Argentina, S.Arabia

HD Hyundai posts big exports to Argentina, S.Arabia

South Korea's HD Hyundai Construction Equipment Co. (HCE) on Sunday said it recently concluded deals to supply 73 machines including excavators and ...

Korea’s exports down for 11th month in August but at slower pace

Korea’s exports down for 11th month in August but at slower pace

South Korea’s exports shrank last month for 11 consecutive months but signs of a recovery in demand for the country’s mainstay export it...

South Korean exporters jittery as China's slowdown raises red flag

South Korean exporters jittery as China's slowdown raises red flag

South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...

S.Korea exports Hanwoo beef to Cambodia for 1st time

S.Korea exports Hanwoo beef to Cambodia for 1st time

The premium Korean beef Hanwoo was exported to Cambodia on Monday for the first time, marking the culmination of eight years of quarantine negotiati...

SM Korealine gets self-sailing approval from Panama

SM Korealine gets self-sailing approval from Panama

SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained approval for self-sail...

POSCO Int'l marks 1st animal vaccine exports

POSCO Int'l marks 1st animal vaccine exports

POSCO International Corp., the general trading and energy exploration unit of South Korea's steel giant POSCO Holdings Inc., announced on Thursday t...

Poland kicks off approval process to import S.Korean reactors

Poland kicks off approval process to import S.Korean reactors

Poland has started an approval process to build a nuclear power plant consisting of South Korean reactors, according to foreign media reports, despi...

HiteJinro to strengthen soju marketing in UK

HiteJinro to strengthen soju marketing in UK

South Korea’s leading soju maker HiteJinro Co. announced on Tuesday that its soju sales in the UK are showing consistent growth year by year. ...

Ildong Pharma to export high blood pressure treatment to China

Ildong Pharma to export high blood pressure treatment to China

South Korea's Ildong Pharmaceutical Co. on Tuesday said it will export benidipine hydrochloride, a raw material used in the treatment of high blood ...

Korea sales set to China to fall for 15th straight mth on property crisis

Korea sales set to China to fall for 15th straight mth on property crisis

South Korea’s exports to China are poised to slide for a 15th straight month with an expected deeper drop in August amid a faltering economic ...

SK Bioscience to export $51 bn flu vaccine to Thailand

SK Bioscience to export $51 bn flu vaccine to Thailand

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...

LX Pantos, POSCO Flow to cooperate in global logistics

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

SK Biopharm to export epilepsy drug tech to Middle Eastern firm

South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...

Binggrae’s overseas exports soar to record in H1 2023

Binggrae’s overseas exports soar to record in H1 2023

South Korean food and beverage company Binggrae reported a 27% year-on-year leap in overseas exports, hitting 77.5 billion won ($57.8 million) in th...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge