European cyber security management system certification
Scope
Date
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Real estate
CPPIB to enter South Korean rental housing market
The Canada Pension Plan Investment Board (CPPIB), one of the world’s top 10 global pension fund managers, is joining other foreign asset manag...
Jan 31, 2025 (Gmt+09:00)
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Real estate
Koramco REITS chosen preferred buyer of Crescendo Building in Seoul
Koramco REITs Management & Trust Co., a leading South Korean real estate firm, has been chosen as the preferred negotiator to buy the Crescendo ...
Jan 30, 2025 (Gmt+09:00)
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Robotics
LG Electronics secures control of Bear Robotics
LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...
Jan 24, 2025 (Gmt+09:00)
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Petrochemicals
HS Hyosung Advanced Materials seeks to sell tire steel cord business
South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...
Jan 23, 2025 (Gmt+09:00)
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Tech, Media & Telecom
KT to sell financial security unit for $59 mn for restructuring
South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...
Jan 23, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DIG Airgas, Air Products Korea: Two Korean megadeals in the offing
South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...
Jan 17, 2025 (Gmt+09:00)
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ESG
Korea Investment Holdings’ MSCI ESG rating upgraded to A
Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...
Jan 16, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics signs $1.4 bn CMO deal with European pharma
South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a $1.4 billion contract manufacturing o...
Jan 14, 2025 (Gmt+09:00)
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Real estate
NCSOFT’s NC Tower up for sale with its value estimated at $272 million
The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...
Jan 10, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Regulator denies reporting MBK to prosecutors over Korea Zinc
A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...
Jan 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...
Jan 06, 2025 (Gmt+09:00)
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Bio & Pharma
Korean drugmakers control more than half of European biosimilar market
South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar...
Jan 02, 2025 (Gmt+09:00)
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Korean startups
Imagoworks raises $15.6 mn in Series C funding
Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...
Dec 31, 2024 (Gmt+09:00)
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Investment banking
S.Korean securities firms race for IB market leadership
South Korean securities firms have upped the ante in a race to win the country’s investment banking (IB) market this year after aggressive bus...
Dec 30, 2024 (Gmt+09:00)
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Korean startups
Fleetune continues evolving for smarter route optimization
Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...
Dec 30, 2024 (Gmt+09:00)
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Business & Politics
Korea’s new acting president assures economy resilient, security tight
South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...
Dec 27, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to export K11's tactical control to Egypt
Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...
Dec 27, 2024 (Gmt+09:00)
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Batteries
SK Nexilis gets $133 mn subsidy from Poland
South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...
Dec 26, 2024 (Gmt+09:00)
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Corporate governance
Hanmi Pharm’s chair poised to win management feud with her son
Hanmi Pharmaceutical Group Chairman Song Young-sook is poised to claim victory in a year-long dispute with her eldest son Lim Jong-yoon to take cont...
Dec 26, 2024 (Gmt+09:00)
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Leadership & Management
POSCO carries out drastic top management reshuffle
POSCO Group on Monday replaced chief executives of key seven units in a drastic overhaul of the South Korean steel-to-battery materials group to shi...
Dec 24, 2024 (Gmt+09:00)
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Retail
E-Land manages New Balance’s record $689 mn in Korean sales
South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...
Dec 23, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to commercialize BMS solution
South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...
Dec 23, 2024 (Gmt+09:00)
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Real estate
GIC drops Seoul landmark building sale on Korea’s political woes
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...
Dec 19, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsu...
Dec 18, 2024 (Gmt+09:00)
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Korean startups
NXN Labs aims to be Adobe of image generation AI
South Korean tech giant Naver Corp.-backed NXN Labs Inc., the developer of an artificial intelligence-powered image generation program, aspires to b...
Dec 12, 2024 (Gmt+09:00)
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Airlines
Asiana Airlines joins Korean Air as subsidiary
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...
Dec 12, 2024 (Gmt+09:00)
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Asset management
Mirae Asset rises to 12th-largest ETF manager with $141 billion in assets
South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...
Dec 11, 2024 (Gmt+09:00)
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Energy
Samsung C&T, Hitachi Energy to team up for HVDC projects
South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...
Dec 09, 2024 (Gmt+09:00)
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Economy
South Korea’s economic system remains resilient: finance minister
The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...
Dec 08, 2024 (Gmt+09:00)
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Corporate investment
Samsung invests in AI security platform Axiado
Samsung Electronics Co. said on Thursday it invested in the Series C funding round of Axiado, a US-based artificial intelligence (AI) security platf...
Dec 05, 2024 (Gmt+09:00)
Latest News
- 1 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
- 2 Korea’s top cinema chains seek merger to counter box office slump
- 3 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 4 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 5 LG Electronics breaks ground on $600 million home appliance plant in India