2023 Wards 10 Best Engines and Propulsion Systems
Scope
Date
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Electric vehicles
SK Signet to showcase new ultra-fast charger at CES 2023
SK Signet Inc., the No.1 company in the US ultra-high speed charger market, will showcase a new standard ultra-fast charger V2 at CES 2023, the worl...
Dec 22, 2022 (Gmt+09:00)
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Retail
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
Dec 22, 2022 (Gmt+09:00)
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Asset management
US non-agency mortgage-backed securities to shine in 2023: TCW
Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...
Dec 22, 2022 (Gmt+09:00)
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Electronics
SK Broadband develops eco-friendly rechargable remote control
South Korea's internet service provider SK Broadband has developed a new B tv remote control that can be recharged with significantly reduced chargi...
Dec 22, 2022 (Gmt+09:00)
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Regulations
Korea to allow investors to sell stocks at pre-split-off values
South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...
Dec 21, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korean biopharmaceutical sector to see brisk M&As in H1, 2023
An expert says the first half of next year will see the start of brisk M&As in biopharmaceuticals targeting strategic investors.Pyeon Jae-seong,...
Dec 21, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor's compact SUV Kona gets bigger
Hyundai Motor Co. on Tuesday unveiled the new design of its compact SUV the new "all-new Kona."The all-new Kona is a second-generation model being i...
Dec 20, 2022 (Gmt+09:00)
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Carbon neutrality
Samsung Heavy receives approval from US on gas recovery system
Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...
Dec 20, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build network to share land, sea, air target info
South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...
Dec 20, 2022 (Gmt+09:00)
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ESG
LG Electronics to open ESG zone at CES 2023 in January
South Korean conglomerates, including LG Electronics Inc., will introduce their environmental, social, and governance (ESG) visions and strategies a...
Dec 20, 2022 (Gmt+09:00)
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Energy
Samsung Elec's green heat pump takes energy-starved Europe by storm
Samsung Electronics on Monday said its heat pump Eco Heating System (EHS), a green heating and cooling system, has seen explosive sales growth on th...
Dec 20, 2022 (Gmt+09:00)
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Energy
SGC Energy signs 10-year contract to supply liquid CO2
South Korea’s SGC Energy Co. recently signed a contract to supply liquid carbon dioxide to a domestic company for 10 years starting January 20...
Dec 19, 2022 (Gmt+09:00)
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Machinery
S.Korea's LS Mtron opens center to reinforce global logistics
LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...
Dec 19, 2022 (Gmt+09:00)
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Leadership & Management
Technocrats dominate major Korean companies’ leadership
Technocrats dominated the management of South Korea’s top 10 business groups, as technical specialists with deep understanding of business too...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor Group sweeps eight Kelley Blue Book Awards
Hyundai Motor Group won eight awards out of 19 categories in this year's Kelley Blue Book Best Buy Awards, the most of any global auto group.Kia Cor...
Dec 19, 2022 (Gmt+09:00)
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Automobiles
S.Korean startup enters UK market for wireless charging of EVs
A South Korean startup will enter the British market for wireless charging facilities for electric vehicles (EV), as Korean firms speed up their adv...
Dec 19, 2022 (Gmt+09:00)
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Tech, Media & Telecom
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...
Dec 19, 2022 (Gmt+09:00)
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Foreign exchange
Korean NPS opens up forex hedging limit to maximum of 10%
South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...
Dec 18, 2022 (Gmt+09:00)
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Banking & Finance
KEXIM to provide $1.2 bn project financing for Indonesian refinery project
The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement with the Indonesian sta...
Dec 16, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood to sue Baring PEA over buyout deal cancellation
South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner over the cancellation ...
Dec 16, 2022 (Gmt+09:00)
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Economy
Korea to retain more skilled foreign workers with visa status upgrade
South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...
Dec 16, 2022 (Gmt+09:00)
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Chemical Industry
KCC's paint selected as World-Class Product for 14 consecutive years
South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...
Dec 16, 2022 (Gmt+09:00)
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Korean stock market
Korean stocks with healthy earnings to shine in H2 2023
South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...
Dec 15, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE joins race to buy marine engine maker STX Heavy Industries
Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...
Dec 15, 2022 (Gmt+09:00)
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Electronics
LG Innotek to unveil parts for EVs, self-driving cars at CES 2023
South Korea’s LG Innotek Co. said on Dec. 15 it will showcase its new products for electric and autonomous vehicle parts at the Consumer Elect...
Dec 15, 2022 (Gmt+09:00)
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Travel & Leisure
S.Korea's golf course market doubles in value over 10 years
The value of South Korea's market golf course market now equals 98.5% of Japan's.The Korea Leisure Industry Institute (KLII) on Thursday released a ...
Dec 15, 2022 (Gmt+09:00)
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Business & Politics
Shin Hanul revives Korea’s aim to become global nuclear powerhouse
South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming ...
Dec 14, 2022 (Gmt+09:00)
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Bio & Pharma
SK Biopharm begins clinical trials of wearable device for detecting epilepsy
SK Group's new drug development subsidiary SK Biopharmaceuticals Co. will begin clinical trials for a wearable device that can detect and predict ep...
Dec 14, 2022 (Gmt+09:00)
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Electronics
LG Elec to showcase built-in 721-liter refrigerator at CES next month
LG Electronics said on Wednesday that it will unveil a new large-capacity built-in refrigerator at CES 2023, which will take place in Las Vegas on J...
Dec 14, 2022 (Gmt+09:00)
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Bio & Pharma
Daewoong submits new drug applications for Fexuclue in 10 countries
South Korea's leading drug company Daewoong Pharmaceutical is accelerating its global expansion efforts for its 34th domestically developed drug Fex...
Dec 14, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer