PEN Ventures Korea

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...

The South Korean government plans to raise tax breaks for facility investments by big companies, including chipmakers, to as much as 25% following P...

South Korea's Daehan Green Power has entered the green hydrogen sector, a new growth engine, through an energy super station project.The company on ...

South Korea's KT Corp. and E-mart Inc. are the frontrunners in the new year's corporate bond demand forecasts, attracting attention on if they can b...

Naver Corp. and Kakao Corp., South Korea’s two leading online platforms, will put on hold acquisition-oriented growth strategies and instead p...

South Korea's game industry in 2021 saw sales of over 20 billion won ($15.7 billion), ranking the country fourth on the global market. The Kore...

TOKYO - South Korea ranked the world’s sixth most powerful country, beating Japan, while the peninsular nation was far behind its neighbor in ...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...

S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.The store has secured...

The Ministry of SMEs and Startups said on Monday that an amendment to the Venture Capital Investment Promotion Act, which will strengthen the disclo...

Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...

South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...

South Korea’s National Pension Service (NPS), the world’s third-largest such fund, is poised to report an annual loss in 2022 for the fi...

South Korea suffered a record trade deficit last year as the ongoing war in Ukraine ramped up energy import bills, while the outlook remained dark w...

South Korean electric vehicles for lease are forecast to receive US tax credits under the Inflation Reduction Act (IRA) as new guidelines of the law...

South Korea's third-largest mobile carrier LG Uplus Corp. said on Friday that it will develop a web3 service for children to provide an immersive ex...

The South Korean government plans to revise a recently passed bill aimed at supporting the country’s semiconductor sector and other key indust...

South Korea's parcel delivery company CJ Logistics said on Friday that it will achieve carbon neutrality by 2050 for a more sustainable future in lo...

South Korea's bio company Alteogen Inc. on Friday said it signed its fourth technology export contract since its 2018 development of the human recom...

South Korea's Ministry of Trade, Industry and Energy said on Friday it will double the government's stockpiles of rare-earth minerals and halve thei...

SK Telecom Co. said on Thursday it had transmitted terrestrial broadcasting in the US capital of Washington D.C. using mobile edge computing (MEC) a...

Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion w...

POSCO Gwangyang Works, one of the two pillar steel mills of POSCO Holdings Inc. together with Pohang Works, obtained a Green Data Center Bronze Grad...

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...

South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...

South Korea on Wednesday became the world’s seventh country to send a lunar orbiter to the moon, joining other advanced countries in a heated ...

Hankook Tire & Technology said on Tuesday it would supply its ultra-high-performance sports tire Ventus S1 evo3 SUV to Nissan's fourth-generatio...

Young Poong Precision Corp., an industrial pump and chemical plant valve maker under South Korea's Young Poong Group, is aggressively increasing con...