Small Enterprise and Market Service
Scope
Date
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Central bank
BOK leaves door open for another quarter-point rate rise
The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...
May 25, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean joins top 10 brand marketing agencies in India
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that its Indian corporation has joined top 10 of local brand m...
May 24, 2023 (Gmt+09:00)
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Alternative investments
Find opportunities amid macro uncertainty in 2023: M&G
Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...
May 23, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK Partners puts Korea’s largest golf course operator on market
North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...
May 23, 2023 (Gmt+09:00)
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Artificial intelligence
Naver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under siege as global Big ...
May 23, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI secures deal to export 18 FA-50 light fighters to Malaysia
South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to supply Malaysia with eigh...
May 23, 2023 (Gmt+09:00)
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Korean SMEs
Boeing-backed Huneed eyes civil aircraft market beyond jets
South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplies them to the armed ...
May 23, 2023 (Gmt+09:00)
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Electronics
Samsung retains No.1 position in global TV market
Samsung Electronics Co. has held on to its position as the world's top TV manufacturer in the first quarter of 2023, securing a 32.1% share of the m...
May 23, 2023 (Gmt+09:00)
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Airlines
US antitrust body blocks $1.4 bn Korean Air-Asiana deal
Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...
May 22, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SpaceX pushes back Starlink's S.Korea launch to Q4
Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...
May 22, 2023 (Gmt+09:00)
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Content platforms
A Goliath vs. Davids battle in the S.Korean OTT market
Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...
May 22, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion Healthcare launches Remsima SC in Brazil
South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...
May 22, 2023 (Gmt+09:00)
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Artificial intelligence
Hanatour unveils ChatGPT-based travel information service
Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service utilizes artificial ...
May 19, 2023 (Gmt+09:00)
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ASK 2023
Funding gap creates opportunities in private real estate debt: ASK 2023
Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...
May 19, 2023 (Gmt+09:00)
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Capital raising
LS Group's US affiliate SPSX to raise $150 mn in pre-IPO
LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...
May 19, 2023 (Gmt+09:00)
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Entertainment
Kakao migrates global webtoon service environment to Google Cloud
South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with Google Cloud to glob...
May 19, 2023 (Gmt+09:00)
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ASK 2023
US office recovery will be slow in volatile market: Korean investors
Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...
May 19, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips
Samsung Electronics Co. has begun mass production of 16 gigabit DDR5 DRAM chips, using the industry’s finest 12-nanometer process node, furthe...
May 18, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Electronics
Samsung Display buys US OLED microdisplay maker for $218 mn
South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...
May 18, 2023 (Gmt+09:00)
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Retail
Korea's E-Mart shares tumble despite push for profitability
South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...
May 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung to launch Galaxy A24 in S.Korea to target low-end market
Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...
May 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's top 3 telecom companies boost pet-related services
South Korea's top three telecommunication companies are expanding their pet-related services to attract as customers the estimated 15 million owners...
May 18, 2023 (Gmt+09:00)
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Automobiles
Chevrolet Trailblazer tops in US small SUV market
Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...
May 17, 2023 (Gmt+09:00)
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Korean food
S.Korea’s popular donut brand Knotted to enter US market
South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...
May 17, 2023 (Gmt+09:00)
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Chemical Industry
LG Electronics enters antibacterial glass powder sector
LG Electronics Inc. on Wednesday said it will promote as one of its new growth engines antibacterial glass powder, or fine particles made with cru...
May 17, 2023 (Gmt+09:00)
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Culture & Trends
Night at Korean royal palace brims with stars and Gucci fashion
Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...
May 17, 2023 (Gmt+09:00)
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Electronics
Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market
When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...
May 16, 2023 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities acquires European ETF market maker GHCO
Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...
May 16, 2023 (Gmt+09:00)
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Artificial intelligence
AskUp aims to make life more convenient, even with highball recipes
Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...
May 16, 2023 (Gmt+09:00)