E-Mart No Brand
Scope
Date
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Retail
E-Mart offers voluntary retirement after 2023 loss
E-Mart Inc., South Korea’s largest supermarket chain, has launched a company-wide early retirement program for the first time in its 31-year h...
Mar 25, 2024 (Gmt+09:00)
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Construction
Ssangyong E&C wins deals for two Dubai luxury residences
Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...
Mar 25, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai to nearly double ultra-fast EV chargers by 2024
Hyundai Motor Group is set to increase its ultra-fast electric vehicle chargers across South Korea from current 286 to 500 by next year, the auto gi...
Mar 24, 2024 (Gmt+09:00)
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Retail
E-Mart's credit rating drops on weak retail earnings
The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...
Mar 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils Genesis G90 Black
Hyundai Motor Co. announced on Thursday that its premium brand Genesis launched the Genesis G90 Black, the highest trim of its premium brand of Gene...
Mar 21, 2024 (Gmt+09:00)
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Construction
HD Hyundai to supply 60 excavators to Sudan
South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...
Mar 20, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Sephora to exit S.Korean market in May
Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...
Mar 20, 2024 (Gmt+09:00)
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Energy
Hyundai E&C wins $132 mn biogas facility project
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Monday that it was selected as the preferred bidder for a private invest...
Mar 19, 2024 (Gmt+09:00)
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Electric vehicles
EverCharge to install EV chargers at Oracle Park
South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...
Mar 18, 2024 (Gmt+09:00)
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Automobiles
Hankook Tire-sponsored Formula E São Paulo Round 4 to be held
The 2024 São Paulo E-PRIX, the fourth round of the 10th season of the ABB FIA Formula E World Championship, the world's premier electric vehi...
Mar 15, 2024 (Gmt+09:00)
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Construction
Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement
Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...
Mar 14, 2024 (Gmt+09:00)
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Energy
Hyundai E&C, Glennmont D&D sign renewable energy PPA
Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Tuesday that it signed a power purchase agreement (PPA) for solar renewabl...
Mar 12, 2024 (Gmt+09:00)
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Automobiles
Tata Daewoo resumes truck exports to Algeria
South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that it resumed truck exports to Algeria under the Daewoo brand. Tata...
Mar 12, 2024 (Gmt+09:00)
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Retail
Premium children's brands buck falling birth rate in Korea
Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...
Mar 12, 2024 (Gmt+09:00)
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E-commerce
AliExpress sells top K-food maker’s products in S.Korea
AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...
Mar 08, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset wins iF Design Award
South Korea's Samsung Asset Management announced on Friday that its exchange-traded fund (ETF) brand KODEX has won the top prize in the communicatio...
Mar 08, 2024 (Gmt+09:00)
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E-commerce
Korea probes AliExpress as Chinese e-commerce threat grows
South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chine...
Mar 07, 2024 (Gmt+09:00)
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Retail
Duty-free shops at Incheon International Airport eager to lure boutiques
Duty-free shops at Incheon International Airport, South Korea’s main gateway, are fiercely competing to lure luxury brand boutiques to their o...
Mar 07, 2024 (Gmt+09:00)
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Energy
Hyundai E&C expands foreign alliances in pursuit of UK SMR project
Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...
Mar 06, 2024 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks, Qualcomm to team up for 5G network
South Korea's digital service company CJ OliveNetworks announced on Wednesday that it will collaborate with the US-based Qualcomm Technologies to ...
Mar 06, 2024 (Gmt+09:00)
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Banking & Finance
Indonesia's KB Bukopin rebranded as KB Bank
Bank KB Bukopin, an Indonesian subsidiary of KB Kookmin Bank, announced on Monday that it rebranded as KB Bank. The corporate name PT Bank KB Buko...
Mar 05, 2024 (Gmt+09:00)
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Automobiles
No end in sight to Audi’s downfall in South Korea
Audi AG, once considered one of the top three German premium auto brands in South Korea, seems to have lost its charm among Korean consumers. Its sh...
Mar 04, 2024 (Gmt+09:00)
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Food & Beverage
Hanwha acquires US robot-made pizza brand Stellar
Hanwha Foodtech, a food & beverage subsidiary of South Korea's Hanwha Group, announced on Monday that it acquired the US robot-made pizza brand ...
Mar 04, 2024 (Gmt+09:00)
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Retail
Chanel halts boutique operation over Gucci pop-up store
French luxury brand Chanel abruptly suspended the operation of its boutique in the section of high-end brands within Galleria Department Store in an...
Feb 29, 2024 (Gmt+09:00)
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Food & Beverage
Tous Les Jours exceeds 60 stores in Indonesia
CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Wednesday that its bakery chain brand Tous Les Jours has opened a new st...
Feb 28, 2024 (Gmt+09:00)
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Fashion
S.Korea’s fashion brand Time to debut at Paris Fashion Week
Time, South Korea’s best-selling women’s fashion brand which is owned by Handsome Corp., will participate in Paris Fashion Week fall/w...
Feb 28, 2024 (Gmt+09:00)
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Artificial intelligence
Softbank to join SK Telecom-led global AI joint venture
BARCELONA -- Japan’s SoftBank Group Corp. tied up with major global telcos such as South Korea’s top mobile carrier SK Telecom Co. and E...
Feb 26, 2024 (Gmt+09:00)
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Korean food
Paris Baguette opens first store in Hawaii
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, announced on Monday that it opened its first store in Hawaii, the US. The s...
Feb 26, 2024 (Gmt+09:00)
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Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
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Retail
E-Mart to open first Korean supermarket chain in Laos
E-Mart Inc. said on Friday it will become the first South Korean supermarket company to open a chain store in Laos in its push to expand into Southe...
Feb 23, 2024 (Gmt+09:00)