PEN Ventures Korea

Starting in May, drones, not boats, will deliver parcels and even fried chicken to residents living on some of South Korea's remote islands unreacha...

SK Hynix Inc., the global No. 2 memory chipmaker, is slated to invest more than 120 trillion won ($90.7 billion) by 2046 to build the world’s ...

South Korea’s instant ramen noodle exports soared to a record monthly high in February, data showed, on course to hit the $1 billion mark in 2...

While the economic impact of US singer Taylor Swift is so powerful that pundits coined words like “the Taylor Swift economy,” no less st...

South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...

LG Group, South Korea’s fourth-largest conglomerate, injected $97 million into a fund run by Vista Equity Partners Management LLC for investme...

COMMAND POST TANGO, South Korea—The top U.S. military official in South Korea said his thinking has changed on deterring North Korea’s n...

Big Tech engineers are flocking to South Korea’s promising startups specializing in artificial intelligence chips, a fast-growing sector in th...

South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

South Korea's SPC Group announced on Tuesday that it plans to collaborate with Italian coffee chain brand Pascucci to enter the Italian market. Hu...

South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...

South Korean retail investors, hunting for bargains, have flocked to shovel in the Japanese currency hovering around its record low value in anticip...

In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...

The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry so...

South Korea's BC Card announced on Tuesday that it launched a "Trip.Pass Card" and "Trip.Pass QR Payment Service" for foreign tourists with the dome...

South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...

Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...

South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...

South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has...

The Korea Enterprises Federation will reinforce efforts to win lawmakers’ nod to its long-desired campaign to slash corporate taxes and inheri...

South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...

Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...

Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in ...

LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...

Korea Zinc Inc., the leading global zinc and lead smelter, and LG Chem Ltd., South Korea’s top petrochemical producer, joined hands for the pl...

South Koreans’ spending on private education hit a new record high of 27.1 trillion won ($20 billion) in 2023, as the government’s annou...

South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...

South Korea's Lotte Department Store announced that it launched Louis Vuitton's LV Diamond Collection on Mar. 14 at Lotte World Tower Avenuel Jamsil...

South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...