PT Super Bank Indonesia
Scope
Date
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Corporate bonds
Industrial Bank of Korea to sell $500 mn bond at lower cost
Industrial Bank of Korea (IBK) is slated to raise $500 million in dollar corporate bond at a lower-than-planned cost on strong demand.IBK decided to...
Sep 15, 2021 (Gmt+09:00)
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Batteries
Hyundai, LG Energy break ground on $1.1 bn Indonesia battery plant
Hyundai Motor Co. and LG Energy Solution Ltd. have begun construction of a $1.1 billion battery cell plant in Indonesia as the two South Korean comp...
Sep 15, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KDB chairman urges FTC to approve merger of Korean Air, Asiana
A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...
Sep 14, 2021 (Gmt+09:00)
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S.Korea's potential growth rate drops to record low
The COVID-19 pandemic has dampened South Korea's growth potential between this year and the next by 0.2 percentage points to its historic low of 2.0...
Sep 14, 2021 (Gmt+09:00)
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Economy
Ruling party calls for BOK's active role to aid COVID victims
South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...
Sep 09, 2021 (Gmt+09:00)
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Economy
Korea inflation remains at 9-year high, fanning views of more rate hikes
South Korea’s consumer inflation remained at a nine-year peak in August, adding to expectations that the central bank will raise interest rate...
Sep 02, 2021 (Gmt+09:00)
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Banking & Finance
K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley
K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and could further raise i...
Aug 31, 2021 (Gmt+09:00)
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Automobiles
Chinese, Korean carmakers penetrate Japanese-dominated Indonesia
Hyundai Motor Co. is set to start producing automobiles in Indonesia around the end of this year to attract drivers in the Southeast Asia’s ...
Aug 30, 2021 (Gmt+09:00)
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Economy
Bank of Korea ends 15-mth ultra-easy monetary stance
The Bank of Korea has ended its ultra-easy monetary stance by bumping up the base interest rate by 25 basis points from a record-low 0.5% on Thursda...
Aug 26, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Citibank Korea’s retail banking exit faces stumbling block
The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...
Aug 24, 2021 (Gmt+09:00)
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Foreign exchange
Tumbling won adds to Bank of Korea rate hike views
The South Korean won skidded to an eleven month-low as foreign investors extended a selling spree in the local stock markets, adding to expectations...
Aug 17, 2021 (Gmt+09:00)
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Covid-19 treatment
Brazil gives emergency use nod for Celltrion’s COVID-19 treatment
South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its COVID-19 treatment ...
Aug 13, 2021 (Gmt+09:00)
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Economy
Experts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...
Aug 12, 2021 (Gmt+09:00)
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Banking & Finance
KakaoBank falls out of Kospi top 10 on 3rd trading day
KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...
Aug 10, 2021 (Gmt+09:00)
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Fintech
SK Group expands foothold in Southeast Asia fintech sector
South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...
Aug 09, 2021 (Gmt+09:00)
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Korean games
Nexon reveals upcoming 'super' games, eyes entertainment IPs
South Korea's leading game company Nexon Co. has unveiled a massive lineup of super games in development alongside plans to expand its intellectual ...
Aug 06, 2021 (Gmt+09:00)
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Investment banking
Mirae Asset step closer to full-fledged investment bank
Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...
Aug 05, 2021 (Gmt+09:00)
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Digital currency
Samsung Group joins Kakao in Bank of Korea’s digital currency project
Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...
Aug 04, 2021 (Gmt+09:00)
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Petrochemicals
Lotte to resume $4.4 bn Indonesia petrochemical project next year
Lotte Group plans to resume a $4.4 billion petrochemical project in Indonesia next year as it aims to expand the business in Southeast Asia where de...
Aug 01, 2021 (Gmt+09:00)
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EV Batteries
Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...
Jul 29, 2021 (Gmt+09:00)
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Banking & Finance
Korea’s major banking groups post record-high earnings in H1
South Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...
Jul 27, 2021 (Gmt+09:00)
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Alternative investments
Kookmin Bank to co-finance $840 mn US solar project
Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...
Jul 22, 2021 (Gmt+09:00)
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IPOs
KakaoBank's IPO draws $2 tn in bids despite valuation debate
The initial public offering of South Korea's KakaoBank has drawn the largest-ever amount of bids from institutional investors for a domestic listing...
Jul 22, 2021 (Gmt+09:00)
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Cryptocurrencies
Kakao’s Ground X to work on Korea central bank digital currency initiative
Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...
Jul 20, 2021 (Gmt+09:00)
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Covid-19 treatment
Indonesia grants emergency use approval for Celltrion’s COVID-19 treatment
South Korean drugmaker Celltrion Inc. has received the Indonesian government’s permission for restricted use of its COVID-19 treatment Regkiro...
Jul 20, 2021 (Gmt+09:00)
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IPOs
Is the KakaoBank IPO too expensive?
Debate is heating up over KakaoBank Corp.’s new share value ahead of an initial public offering of the mobile banking unit of South Korea&rsqu...
Jul 20, 2021 (Gmt+09:00)
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Banking & Finance
Bank of Korea sets stage for tightening after holding rates
South Korea’s central bank chief sent a strong indication of tightening later this year after the Bank of Korea (BOK) left its monetary policy...
Jul 15, 2021 (Gmt+09:00)
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Banking & Finance
Moody's urges Korean banks to beef up online platforms
South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank, the country's lead...
Jul 12, 2021 (Gmt+09:00)
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Banking & Finance
Korean banks enter digital asset custody market in quick succession
Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...
Jul 11, 2021 (Gmt+09:00)
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Venture capital
Indonesia's HappyFresh draws half of new funding from Korea
Indonesia's online grocery platform HappyFresh will receive another $33 million from South Korean investors, including the Asian startup fund of Nav...
Jul 09, 2021 (Gmt+09:00)
language
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