MBK Partners Asia
Scope
Date
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Travel & Leisure
S.Korea's No. 1 flight route in 2023 is Incheon-Osaka
South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...
Aug 07, 2023 (Gmt+09:00)
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Food & Beverage
Heads of S.Korea's chicken chains promoting expansion abroad
The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...
Aug 04, 2023 (Gmt+09:00)
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Business & Politics
South Korean city seeks to build Asia's 1st MSG Sphere
A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...
Aug 03, 2023 (Gmt+09:00)
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Logistics
CJ Logistics teams up with world’s No. 7 shipping company ONE
South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...
Aug 03, 2023 (Gmt+09:00)
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Food & Beverage
Soju: Well-known Korean alcoholic beverage
The Korean alcoholic beverage that foreigners are most familiar with is Soju, according to the Korean Food Promotion Institution. The institution re...
Aug 01, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai, Kia deploy CO2 emission monitor system for cooperative firms
South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...
Jul 28, 2023 (Gmt+09:00)
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Automobiles
Hyundai partners with 5 universities for carbon neutrality center
In a bid to accelerate the development of carbon-neutral technologies, Hyundai Motor Group has joined forces with prominent domestic universities.Th...
Jul 27, 2023 (Gmt+09:00)
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Bio & Pharma
Kolon Pharma, Dongbang Medical to export medical threads to Brazil
Kolon Pharma, the pharmaceutical affiliate of South Korea's Kolon Group, announced on Thursday that it has signed a business agreement with Dongbang...
Jul 27, 2023 (Gmt+09:00)
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Retail
Emart partners with KOTRA to help S.Korean SMEs export
South Korea’s largest hypermarket chain Emart Inc. is partnering with Korea Trade-Investment Promotion Agency (KOTRA) to expand its overseas f...
Jul 27, 2023 (Gmt+09:00)
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Travel & Leisure
MyRealTrip launches restaurant reservation service in Japan
South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...
Jul 24, 2023 (Gmt+09:00)
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Airlines
Occupancy rate of S.Korean LCCs for int’l flights hits 87%
The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...
Jul 20, 2023 (Gmt+09:00)
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Korean startups
KKR leads $190 mn Series C funding of fashion platform Musinsa
South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...
Jul 19, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharm eyes Asia's No.1 spot in radioactive drug market
South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...
Jul 19, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI to ramp up fighter jet share with FA-50 delivery to Poland
Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, started deliveries of fighter jets to Poland in a mo...
Jul 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Tinder owner Match Group taps Sam Ahn as Asia's chief innovation officer
Match Group Inc., operating online dating and chat platforms like Tinder, Hinge and OkCupid in some 40 languages, has appointed its subsidiary Hyper...
Jul 13, 2023 (Gmt+09:00)
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Economy
S&P expects BOK to cut rate by 100 bps in 2024 for growth
South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...
Jul 12, 2023 (Gmt+09:00)
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Regulations
Go bolder with regulatory reform to foster unicorns in Korea: KERI
Regulatory reform is still slow in South Korea, obstructing innovation in technologies and industries, and the government must take bolder action to...
Jul 12, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases new drug for GERD in Indonesia
South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...
Jul 10, 2023 (Gmt+09:00)
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Hydrogen economy
HD Hyundai Infracore to develop hydrogen gas turbine engine
HD Hyundai Infracore Co., a construction equipment unit of South Korea’s HD Hyundai Group, has signed a memorandum of understanding (MOU) with...
Jul 07, 2023 (Gmt+09:00)
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Banking & Finance
KB Financial pursues glocalization in Southeast Asia
KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...
Jul 06, 2023 (Gmt+09:00)
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Debt financing
Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022
The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...
Jul 06, 2023 (Gmt+09:00)
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Bio & Pharma
SCM Lifescience kicks off anti-hair loss product exports to SE Asia
South Korea’s stem cell tech company SCM Lifescience on Wednesday said it has started full-scale exports to Southeast Asia of its hair loss ca...
Jul 06, 2023 (Gmt+09:00)
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ESG
Hyundai Glovis to support removal of marine debris
South Korea's leading logistics company Hyundai Glovis Co. announced on Thursday that it has joined forces with The Ocean Cleanup, a global environm...
Jul 06, 2023 (Gmt+09:00)
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Machinery
Doosan forklifts to be sold under Bobcat brand in US, eventually to Europe
Doosan Bobcat Inc., the construction and agricultural machine making unit of South Korea’s Doosan Group, will sell its forklifts under the Bob...
Jul 05, 2023 (Gmt+09:00)
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Venture capital
Ontario, S.Korea VC firm to establish $76 mn healthcare fund
Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mil...
Jul 05, 2023 (Gmt+09:00)
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Airlines
Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark
South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...
Jul 03, 2023 (Gmt+09:00)
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Economy
S.Korea opens doors wider for skilled foreign workers
South Korea will raise the country’s visa quota for skilled foreign workers by 15 times from the previous level to ease chronic labor shortage...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...
Jun 28, 2023 (Gmt+09:00)
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Business & Politics
KOTRA hosts ESG cooperation project in Baubau, Indonesia
Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance (ESG) Cooperation P...
Jun 28, 2023 (Gmt+09:00)
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Logistics
HMM opens Indian-Mediterranean container route
South Korea’s HMM Co. has opened a container route to India and the Mediterranean. In addition to serving the US and Europe, the conta...
Jun 28, 2023 (Gmt+09:00)