Lotte Mart Seoul Station
Scope
Date
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Hydrogen economy
Hyundai Rotem to kick off liquid hydrogen fueling station project
Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...
Apr 22, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy sells undelivered drillships to PEF
South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...
Apr 21, 2022 (Gmt+09:00)
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Korean startups
Fractional copyright ownerships are securities: Seoul
Musicow Inc., South Korea's first music copyright trading platform, will come under regulatory scrutiny, after the country's top financial regulator...
Apr 20, 2022 (Gmt+09:00)
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Real estate
Shinsegae, IGIS bolster tie-ups to bid for IFC Seoul
South Korea's retail giant Shinsegae Group has joined forces with Seoul-based IGIS Asset Management Co. to bid for International Finance Center in S...
Apr 20, 2022 (Gmt+09:00)
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Future mobility
Hilton Seoul to transform into UAM landing area
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) plans to build the country's first landing area for urban air mobility (U...
Apr 18, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LS Group may raise stake in LS-Nikko Copper to 90%
South Korea's LS Group is considering buying an additional stake in LS-Nikko Copper Inc. to boost its stake in the world’s second-largest elec...
Apr 14, 2022 (Gmt+09:00)
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Retail
Lotte to end dawn delivery service where Coupang, Kurly lead
South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...
Apr 13, 2022 (Gmt+09:00)
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Real estate
Grade-A offices in Seoul hit lowest vacancy rate in Q1 2022
Grade-A offices saw their lowest-ever quarterly vacancy rate in the first quarter of 2022 since 2010, when Canada-based real estate investment manag...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
Apr 11, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK seeks to exit Korea’s Lotte Card for over $2.5 bn
MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...
Mar 31, 2022 (Gmt+09:00)
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Real estate
Local hotels lure investment on hopes of returning visitors
Investment firms in South Korea are injecting funds into domestic hotels, preparing for the post-pandemic era. The firms are particularly focusing...
Mar 29, 2022 (Gmt+09:00)
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Corporate restructuring
Lotte Group’s confectionery and food shares jump 5% on merger news
Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...
Mar 25, 2022 (Gmt+09:00)
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Corporate restructuring
Lotte Confectionery to merge with Lotte Food
Lotte Group will merge its confectionery and foodstuff businesses, South Korea's fourth-largest conglomerate announced Wednesday.Lotte Confectionery...
Mar 24, 2022 (Gmt+09:00)
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Korean startups
Star-studded vision AI startup SNUAI requires less data and time
“The first joint venture with the Seoul National University seal of approval” is how artificial intelligence startup SNUAI Lab Co. des...
Mar 22, 2022 (Gmt+09:00)
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Real estate
Lotte seeks first-mover advantage in senior market
South Korea's Lotte Group will build a luxury residential town for retirees in Seoul by 2025 to plunge into the senior housing market.Lotte Hotels a...
Mar 21, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Lotte to join used car market, seen as boost for small players
South Korea’s top automaker Hyundai Motor Co. and the country’s No. 1 car rental firm Lotte Rental Co. are advancing into the domestic u...
Mar 18, 2022 (Gmt+09:00)
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Food & Beverage
Gucci to open world’s fourth Osteria restaurant in Seoul
Seoulites are set to enjoy Gucci’s fine-dining experience from later this month.The Italian luxury fashion house said on Wednesday it will ope...
Mar 17, 2022 (Gmt+09:00)
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IPOs
Seoul to tighten eligibility for institutions to bid for IPOs
South Korea will tighten its eligibility requirements for institutional investors to bid for initial public offerings, a move aimed at cooling the o...
Mar 14, 2022 (Gmt+09:00)
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Food & Beverage
Lotte invests in Canada's edible insect food company
South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein producer Aspire Food G...
Mar 11, 2022 (Gmt+09:00)
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Business & Politics
President-elect pledges to build S.Korea as 'pivotal' global power
President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...
Mar 10, 2022 (Gmt+09:00)
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Private equity
Actis names Scott Choi as its first Korean partner
Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...
Mar 08, 2022 (Gmt+09:00)
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War in Ukraine
S.Korea exempt from US export control list on Russia
South Korea won an exemption from the United States' expanded export restrictions on Russia over its invasion of Ukraine, the country’s trade ...
Mar 06, 2022 (Gmt+09:00)
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EV Charging
Hyundai to set up EV chargers at Shell gas stations
Hyundai Motor Co. plans to set up chargers for electric vehicles at gas stations of Shell Inc. worldwide as South Korea’s top automaker aims t...
Feb 25, 2022 (Gmt+09:00)
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Entertainment
BTS returns to Korean stage for 1st time since 2019
SEOUL — In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to the stage in Seoul.The...
Feb 25, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC boosts hedge fund investing with Seoul Guarantee Insurance
Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...
Feb 24, 2022 (Gmt+09:00)
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Metaverse
Lotte says to become the norm in metaverse retail space
Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...
Feb 23, 2022 (Gmt+09:00)
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Korean Investors
88% of Korean LPs want speedy capital deployment
Asset managers' track record and risk management are the most important factors for South Korean major limited partners when considering new partnersh...
Feb 23, 2022 (Gmt+09:00)
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Petrochemicals
Korea petchem shares shine on China hopes, valuations
South Korean petrochemical companies’ stocks rose as investors bought them at a bargain on expectations for Chinese demand recovery despite ri...
Feb 21, 2022 (Gmt+09:00)
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Bio & Pharma
Lotte to develop seawater-degradable bioplastic material
South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...
Feb 15, 2022 (Gmt+09:00)
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Private equity
Seoul court upholds Affinity's Kyobo Life valuation
A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...
Feb 10, 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