ABL Life Eoh Jiroo
Scope
Date
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Insurance
Hanwha Life sees cumulative profit in 15 years in Vietnam
Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...
Aug 20, 2023 (Gmt+09:00)
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Insurance
Tokio Marine seeks to sell SE Asia units to S.Korean companies
Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...
Aug 14, 2023 (Gmt+09:00)
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Bio & Pharma
ABL Bio gets OK for phase 1 clinical trials for immune-oncology drug
New drug development company ABL Bio Inc. announced on Thursday that it has received approval from the Ministry of Food and Drug Safety of South Kor...
Aug 10, 2023 (Gmt+09:00)
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Bio & Pharma
CJ Bioscience to launch microbiome analysis service in 2024
South Korea's CJ Bioscience Inc. announced on Friday that it plans to officially launch the microbe analysis platform "EzBiome Bioinformatics app" (...
Jul 28, 2023 (Gmt+09:00)
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Batteries
Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum
South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...
Jul 21, 2023 (Gmt+09:00)
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Electronics
Samsung's Bespoke Goes On campaign video exceeds 20 mn views
Samsung Electronics Co. announced on Tuesday that its Bespoke Goes On campaign video for the Bespoke refrigerator has surpassed 20 million views on ...
Jul 11, 2023 (Gmt+09:00)
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Business & Politics
Samyang Foods Group rebrands as Samyang Roundsquare
South Korea's food-oriented Samyang Foods Group said on Monday it rebranded the group and the holding company Samyang Naturals Co.'s name as Samyang...
Jul 03, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics maker Able C&C rejuvenated by sales in Japan, US
Able C&C, the parent of South Korea’s first-generation low-priced cosmetics brand Missha, has swung to the black after years of net losses...
Jun 20, 2023 (Gmt+09:00)
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Leadership & Management
Samsung Elec joins global 4-day workweek push for work-life balance
Samsung Electronics Co. is joining the global four-day workweek move, albeit only partially, under its chief Jay Y. Lee’s leadership that emph...
Jun 12, 2023 (Gmt+09:00)
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Infrastructure
Woori, ABL Life commit to Rubicon’s infrastructure debt fund
South Korea’s Woori Global Asset Management Co. and ABL Life Insurance Co. have committed a sizeable amount of capital to a first closing of a...
Jun 09, 2023 (Gmt+09:00)
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Electronics
Samsung's Bespoke life: Beyond customized to stylish
Samsung Electronics Co. has expanded the concept of Bespoke home appliances from creating customized products to creating "a stylish life" to better...
Jun 08, 2023 (Gmt+09:00)
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Construction
Hyundai E&C to develop future residential model All Life-care House
South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...
Jun 01, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...
May 31, 2023 (Gmt+09:00)
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Batteries
Hanwha Aerospace invests in US secondary battery startup
South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...
May 30, 2023 (Gmt+09:00)
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Real estate
Mirae Asset’s US real estate fund faces heavy losses
A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...
May 26, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem secures exclusive deal for Israeli desalination project
South Korea's LG Chem Ltd. revealed on Thursday that it has been awarded the exclusive contract as the sole supplier of reverse osmosis (RO) membran...
May 18, 2023 (Gmt+09:00)
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Artificial intelligence
AskUp aims to make life more convenient, even with highball recipes
Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...
May 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung develops 128GB DRAM for data intensive applications
Samsung Electronics Co. said on Friday it has developed the industry’s first 128-gigabyte DRAM based on the compute express link (CXL) 2.0 mem...
May 12, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life in final talks to buy Kakao Pay Insurance
South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...
May 09, 2023 (Gmt+09:00)
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Batteries
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...
Apr 28, 2023 (Gmt+09:00)
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Alternative investments
Samsung Life buys 20% of French asset manager Meridiam
Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...
Apr 22, 2023 (Gmt+09:00)
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Korean food
Korea’s shaved ice dessert bingsu price up 30% on-year on inflation
Inflation has hit almost every corner of the real economy in South Korea, and the country’s popular summer dessert bingsu is no exception, wit...
Apr 19, 2023 (Gmt+09:00)
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Bio & Pharma
GeneOne Life Science gets patent for coated microneedle tech in China
South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...
Apr 19, 2023 (Gmt+09:00)
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Culture & Trends
High- and low-income S.Koreans alike reluctant to have babies: Survey
South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...
Apr 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Number of Netflix users in S. Korea drops 30% in a year
The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...
Apr 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition
Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...
Apr 05, 2023 (Gmt+09:00)
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Insurance
Hanwha Life acquires Indonesia's Lippo General Insurance
South Korea's Hanwha Life Insurance said on Thursday that it has acquired a 62.6% stake in Indonesian insurer Lippo General Insurance, in collaborat...
Mar 30, 2023 (Gmt+09:00)
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Insurance
Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame
Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...
Mar 22, 2023 (Gmt+09:00)
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Healthcare
Daesang Wellife signs contract with RexSoft for healthcare platform
South Korea's Daesang Wellife Corp. has inked a 2 billion won ($1.5 million) investment contract with local healthcare data science company RexSoft ...
Feb 15, 2023 (Gmt+09:00)
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Insurance
Kyobo Life Insurance speeds up creation of holding company
South Korea’s Kyobo Life Insurance Co. is set to establish a holding company by the second half of 2024. The major insurer seeks to raise its ...
Feb 08, 2023 (Gmt+09:00)