Public Officials Benefit Association (POBA)
Scope
Date
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Construction
Kolon Global wins $226 mn contract for Mongolian public housing project
South Korea's Kolon Global Corp. announced on Friday that it has won a public housing construction project in Mongolia worth 295.7 billion won ($226...
Aug 04, 2023 (Gmt+09:00)
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Electronics
Samsung TV Plus to feature free FIFA+ channel content
Samsung Electronics Co. said on Monday that it will offer the FIFA+ channel's content for free on Samsung TV Plus, expanding the sports offeri...
Jul 31, 2023 (Gmt+09:00)
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Bio & Pharma
CJ Bioscience to launch microbiome analysis service in 2024
South Korea's CJ Bioscience Inc. announced on Friday that it plans to officially launch the microbe analysis platform "EzBiome Bioinformatics app" (...
Jul 28, 2023 (Gmt+09:00)
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Upcoming IPOs
Fabless FADU taps institutional demand to raise about $151 mn
FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...
Jul 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HMM officially put on sale with CB conversion shares
The privatization of South Korea’s No. 1 sea flag carrier HMM Co. has gained traction after an official announcement of its stake sale. But th...
Jul 20, 2023 (Gmt+09:00)
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IPOs
LS Materials embarks on IPO process to go public in 2023
Global top ultracapacitor player LS Materials Co. is expected to go public in South Korea this year, which would mark the first LS Group company IPO...
Jul 18, 2023 (Gmt+09:00)
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Fashion
Koreans maintain designer love with used items, 'quiet luxury'
South Koreans are maintaining their love for premium fashion items with purchases of used luxury items and "quiet luxury" goods amid a slowdown in A...
Jul 18, 2023 (Gmt+09:00)
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Advertising & Marketing
Tottenham forward Son’s new role: Samsung Galaxy brand ambassador
Tottenham Hotspur forward Son Heung-min has a new job in his home country, South Korea: brand ambassador for Samsung Electronics Co.'s Galaxy smartp...
Jul 14, 2023 (Gmt+09:00)
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Sovereign wealth funds
KIC up 8.3% in net value of stocks, debts in H1 2023
Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...
Jul 14, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis enters US market for biosimilars of Humira
South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...
Jul 14, 2023 (Gmt+09:00)
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Korean games
Kia opens e-sports pop-up store Earth 6A3
Kia Corp. said on Thursday that it has officially launched its pop-up store of e-sports "Earth 6A3" in Seongsu-dong, Seoul. With a primar...
Jul 13, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Secondhand LNG carrier prices hit record high; prospects rosy
Prices of secondhand liquefied natural gas (LNG) carriers are flying high, close to new LNG ship prices, amid tighter environmental regulations and ...
Jul 12, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to launch K-Ricebelt project in Africa
South Korea has launched an official development assistance (ODA) project for a "K-Ricebelt" to produce rice for 30 million people every year in Afr...
Jul 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics opens gaming-focused shopping platform
South Korea's Samsung Electronics Co. announced on Monday that it has opened the Samsung Gaming Portal on its domestic website Samsung.com to streng...
Jul 10, 2023 (Gmt+09:00)
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Batteries
LG Energy triples lithium orders from SQM for US benefits
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...
Jul 07, 2023 (Gmt+09:00)
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Automobiles
Kumho Tire signs official sponsorship deal with AC Milan
South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...
Jul 06, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Riiid enters Brazilian public education market
South Korean AI-powered edtech firm Riiid will enter the Brazilian public education market. The company announced on Wednesday that it has signed a ...
Jul 05, 2023 (Gmt+09:00)
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Batteries
Lotte Energy Materials aspires to become copper foil leader: CEO
South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...
Jul 04, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Wrtn integrates Google's latest LLM PaLM 2
South Korean generative AI startup Wrtn Technologies announced on Tuesday that it has integrated Google's latest PaLM 2 non-English language model i...
Jul 04, 2023 (Gmt+09:00)
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Batteries
Korea-China battery minerals tie-up mutually beneficial: CNGR chief
China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...
Jul 03, 2023 (Gmt+09:00)
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Pension funds
NPS logs 8.6% return on investment as of end-April 2023
South Korea’s National Pension Service (NPS) has logged an 8.63% profit in fund management in January-April this year thanks to strong equity ...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec, SM to launch home fitness app in July
LG Electronics Inc. and SM Entertainment Co. will jointly launch next month a home fitness app nine months after the project was delayed in Septem...
Jun 26, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul preps to launch ferry service for tourists, commuters
The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...
Jun 23, 2023 (Gmt+09:00)
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Business & Politics
S.Korea attracts investment of $940 mn from 6 European companies
South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...
Jun 22, 2023 (Gmt+09:00)
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Retail
Lotte considering opening In-N-Out Burger stores in S.Korea
One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...
Jun 21, 2023 (Gmt+09:00)
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Machinery
Hanwha Solutions to form industrial complex for chips, auto parts
South Korea's energy service, petrochemical and real estate development company Hanwha Solutions Corp. will build H-Techno Valley, an industrial com...
Jun 19, 2023 (Gmt+09:00)
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K-pop
Amorepacific runs events to mark BTS 10th anniversary
South Korean beauty and cosmetics giant Amorepacific Corp. has temporarily opened a staff-only space to BTS fans. The company’s Seoul h...
Jun 15, 2023 (Gmt+09:00)
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Future mobility
IONIQ 5 set for fully driverless public taxi service
The IONIQ 5 robotaxi, based on Hyundai Motor Co.'s all-electric crossover, will launch its first fully driverless service for public passengers late...
Jun 05, 2023 (Gmt+09:00)
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Airlines
Korean LCC Air Premia to spur growth through IPO, more aircraft
Air Premia Inc., a South Korean low-cost carrier (LCC) that was established in 2017 and started flight operations last July, is gearing for fast gro...
Jun 05, 2023 (Gmt+09:00)
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Economy
S.Korea mulls adding national pension benefits to raise birth rate
South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...
May 31, 2023 (Gmt+09:00)