SK South East Asia Investment
Scope
Date
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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
SK Biopharmaceuticals gets OK to sell epilepsy drug in Canada
South Korea's SK Biopharmaceuticals has received approval in Canada to sell its new epilepsy drug Cenobamate under the product name Xcopri. Having e...
Jul 12, 2023 (Gmt+09:00)
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Construction
Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm
South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...
Jul 12, 2023 (Gmt+09:00)
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Korean startups
SK Telecom, Hana Financial Group jointly nurture AI startups
SK Telecom Co. and Hana Financial Group are strengthening their collaboration in the field of artificial intelligence (AI). They are jointly fosteri...
Jul 12, 2023 (Gmt+09:00)
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Future mobility
SM Entertainment founder invests in Chinese drone maker
Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...
Jul 12, 2023 (Gmt+09:00)
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Petrochemicals
S.Korea’s petrochemical players boost plastic container recycling
South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics...
Jul 12, 2023 (Gmt+09:00)
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Hydrogen economy
Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power
South Korea's Hanwha Solutions Corp. and SK D&D have signed a strategic memorandum of understanding (MOU) to jointly pursue hydrogen fuel cell...
Jul 12, 2023 (Gmt+09:00)
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Energy
KHNP participates in Australian green cement project
Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...
Jul 11, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Hynix eyes wastewater facilities sale for $770 mn
SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...
Jul 11, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix in next-generation HBM chip supremacy war
Samsung Electronics Co. and SK Hynix Inc. – the world’s two largest memory chipmakers – have fiercely competed to advance their ch...
Jul 10, 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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Robotics
SK Shieldus to verify performance of self-driving patrol robot
South Korean security company SK Shieldus will demonstrate the performance of a self-driving patrol robot.The company on Thursday said it received r...
Jul 07, 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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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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Economy
Samsung Electronics creates $216 bn social wealth in 2022
Samsung Electronics Co. created 281.4 trillion won ($216 billion) worth of social wealth in 2022, meaning it distributed that amount of wealth to ot...
Jul 06, 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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Shipping & Shipbuilding
Hanwha Ocean mulls large investments in warship facilities
Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...
Jul 06, 2023 (Gmt+09:00)
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Korean startups
Naver D2SF invests in AI data generation startup
South Korea's top online platform Naver Corp. has invested in a startup with an artificial intelligence-generation solution that lowers the risk of ...
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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Mergers & Acquisitions
Blackstone seeks medicine distributor sale for 1st Korea exit
Blackstone Inc. has embarked on the process of selling South Korea’s largest medicine wholesaler Geo-Young Corp., a deal estimated at up to $1...
Jul 05, 2023 (Gmt+09:00)
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Food & Beverage
McDonald’s to increase locations by 25% in S.Korea by 2030
McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...
Jul 05, 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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Artificial intelligence
Lunit participates in Saudi's SEHA Virtual Hospital project
South Korean medical AI company Lunit announced on Wednesday that it will participate in the "SEHA Virtual Hospital" project, a key initiative of Sa...
Jul 05, 2023 (Gmt+09:00)
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Economy
FDI pledges to S.Korea set fresh record in H1 2023
Foreign direct investment pledges to South Korea from January to June of this year soared 54.2% on-year, hitting a record high for the first-half pe...
Jul 05, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...
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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Batteries
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Jul 05, 2023 (Gmt+09:00)
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Fintech
SK C&C to release Kospi-focused AI investment strategy service
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...
Jul 04, 2023 (Gmt+09:00)
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Corporate investment
SK Square, SK Hynix set up $77 million chip investment unit
SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...
Jul 04, 2023 (Gmt+09:00)
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