Saudi Power Procurement Company
Scope
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Entertainment
Naver bets on SoftBank's e-book company to reclaim lead in Japan
South Korea’s major portal operator Naver Corp. is looking to firm up its partnership with SoftBank Group Corp. and increase its presence in J...
Oct 05, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Markets
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Sep 30, 2021 (Gmt+09:00)
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Electronics
Samsung to install 51,000 air purifiers to help Australians return to school
Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...
Sep 29, 2021 (Gmt+09:00)
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Korean startups
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
Sep 28, 2021 (Gmt+09:00)
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Carbon neutrality
Recycled plastic in growing demand as Korean firms pursue ESG business
Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...
Sep 27, 2021 (Gmt+09:00)
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Automobiles
LG Elec to start automotive cybersecurity business
South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...
Sep 23, 2021 (Gmt+09:00)
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Real estate
Brookfield to name Hahn & Co exec as Korean office head
Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...
Sep 23, 2021 (Gmt+09:00)
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IPOs
Hyundai Heavy IPO creates largest shipbuilder on Kospi
Hyundai Heavy Industries Co. successfully went public on Sept. 17 by closing at almost double its IPO price. The stock price closed at 111,500 won (...
Sep 17, 2021 (Gmt+09:00)
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Energy
Samsung C&T, S-Oil in hydrogen transport partnership
Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...
Sep 17, 2021 (Gmt+09:00)
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Robotics
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
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Korean startups
SIA analyzes satellite data for companies, government and ESG
There are about 2,000 satellites in space, orbiting the earth and generating countless images without being confined to geographical boundaries. And...
Sep 15, 2021 (Gmt+09:00)
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Automobiles
Automotive security in spotlight on growing EV market
The automotive security technology for automotive electronics is in the spotlight as the global electric vehicle market is growing. The information ...
Sep 14, 2021 (Gmt+09:00)
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Private equity
Affinity, GIC speed up exit efforts on Kyobo Life
Singapore's GIC, Affinity Equity Partners, Baring Private Equity and IMM Private Equity have taken the next step toward their long-delayed exit from...
Sep 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
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Corporate bonds
Korea postpones forex bond sale to October
South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...
Sep 09, 2021 (Gmt+09:00)
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Mergers & Acquisitions
KT, Daishin PE acquire 100% stake in global data firm Epsilon
South Korea’s major telecom company KT Corp. is expanding investments in future growth areas outside the traditional mobile sector. KT said on...
Sep 09, 2021 (Gmt+09:00)
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Pharamaceuticals
Korea’s Genome & Company aims US CMO market
South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...
Sep 09, 2021 (Gmt+09:00)
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Energy
Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics
South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...
Sep 09, 2021 (Gmt+09:00)
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Batteries
POSCO, GS join hands to expand battery, hydrogen business
POSCO and GS Group have teamed up to expand their battery recycling and hydrogen businesses. The move came as South Korea’s top steelmaker POS...
Sep 07, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Glovis inks gas shipping deal with Trafigura
South Korea’s Hyundai Glovis Co. has inked a deal with global commodities trader Trafigura to transport gas and ammonia as part of its longer-...
Sep 06, 2021 (Gmt+09:00)
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Energy
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
Sep 06, 2021 (Gmt+09:00)
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Energy
LG Chem to set up next-generation bio-oil plant in Korea
South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...
Sep 02, 2021 (Gmt+09:00)
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Hydrogen economy
Iljin Hysolus shares hit ceiling on first day of trading
South Korea’s only mass-producer of hydrogen tube trailers, Iljin Hysolus Co. made a strong debut on Kospi by reaching the price ceiling on it...
Sep 01, 2021 (Gmt+09:00)
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Hydrogen economy
SK E&S eyes $30 billion corporate value as top hydrogen company
SK E&S Co., the natural gas business unit of SK Group, aims to turn into an eco-friendly company with an enterprise value of 35 trillion won ($3...
Sep 01, 2021 (Gmt+09:00)
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Korean startups
NPIXEL emerges as fastest Korean game company to become unicorn
South Korea-based game developer NPIXEL Co. has become the country’s fastest game company to join the unicorn club after raising 100 billion w...
Sep 01, 2021 (Gmt+09:00)
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Batteries
Samsung SDI tops LG Chem in market cap amid GM recall crisis
Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...
Aug 31, 2021 (Gmt+09:00)
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Future mobility
Parts maker Mando raises profile as investor in future mobility startups
Halla Group’s auto components unit Mando Corp. is rapidly expanding its profile as a startup investor in the future mobility sector.Mando was ...
Aug 29, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms scramble for bond sales on further rate hike views
South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...
Aug 27, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Oilbank to make hydrogen fuel cell components from 2023
Hyundai Oilbank Co. will enter the hydrogen fuel cell components market by building separator production plants within this year with commercializat...
Aug 26, 2021 (Gmt+09:00)
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