South Asian tourism
Scope
Date
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Korean startups
100 new South Korean AI vanguards to be unveiled
One hundred new South Korean startups at the vanguard of development of innovative AI technology will be unveiled later this month, according to The...
Oct 16, 2023 (Gmt+09:00)
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Artificial intelligence
Microsoft ties up with Korean startup Wrtn on AI solutions
Microsoft Corp. and a South Korean artificial intelligence portal startup Wrtn Technologies Inc. joined hands for the generative AI service based on...
Oct 06, 2023 (Gmt+09:00)
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Banking & Finance
Korean banks go digital in Southeast Asia for non-interest gains
South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to increase their non-...
Oct 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor clinches top spot in Indian dealer satisfaction study
South Korea’s Hyundai Motor Co. has emerged as the leader in India’s mass-market satisfaction segment, according to an annual survey by ...
Sep 26, 2023 (Gmt+09:00)
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Energy
S.Korea’s SK Earthon starts oil production in South China
SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., began crude production at an oil f...
Sep 25, 2023 (Gmt+09:00)
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Construction
SK Ecoplant to supply AI-based incinerator tech to Malaysia
South Korea's energy, construction and engineering corporation SK Ecoplant on Friday said it signed a contract with Cenviro, Malaysia's largest publ...
Sep 22, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to conduct Phase 3 trials in Thailand for gout treatment
South Korea's JW Pharmaceutical Corp. on Thursday said it received approval from Thailand's Food and Drug Administration to conduct Phase 3 clinical...
Sep 22, 2023 (Gmt+09:00)
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Steel
Japanese steelmakers flood South Korea on back of weaker yen
Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....
Sep 20, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Cosmax wins halal award in Indonesia
Cosmax Inc., a South Korean original development manufacturer (ODM) of global cosmetics that also does research and development in the field, has wo...
Sep 20, 2023 (Gmt+09:00)
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Energy
US court rules in favor of Korea's nuclear reactor exports
A US district court on Monday dismissed Westinghouse Electric Corp.’s lawsuit against South Korean state-run companies to block their nuclear ...
Sep 19, 2023 (Gmt+09:00)
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Fintech
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...
Sep 18, 2023 (Gmt+09:00)
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Korean startups
Ready for an AI pastor? Not too distant future in South Korea
Some Christians in South Korea are actively embracing the hottest technology of ChatGPT in their spiritual life, sparking controversy over the role ...
Sep 15, 2023 (Gmt+09:00)
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Korean games
NCSOFT to run Battle Crush’s CBT in October for H1 2024 launch
NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...
Sep 15, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to extend $6 bn in financing for African projects
BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...
Sep 13, 2023 (Gmt+09:00)
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Electronics
Want to buy an iPhone 15 in South Korea? Pay more
During the unveiling of the much-anticipated iPhone 15 series on Tuesday, Apple Inc. said its newest product line is in same price range as its prev...
Sep 13, 2023 (Gmt+09:00)
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Arts
Seoul eyed as possible 2nd Asian base of Gagosian empire
Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...
Sep 12, 2023 (Gmt+09:00)
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Banking & Finance
KB Financial Vice Chairman Yang named sole chairman candidate
KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...
Sep 08, 2023 (Gmt+09:00)
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Economy
S.Korea posts current surplus on bigger import decline in July
South Korea maintained a surplus in the current account balance for the third consecutive month in July, driven by its positive goods trade balance ...
Sep 08, 2023 (Gmt+09:00)
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Sovereign wealth funds
Aramco, PIF chief to meet key South Korean figures this week
Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...
Sep 06, 2023 (Gmt+09:00)
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Korean startups
Korean startups join hands amid dwindling funding, acceleration support
Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
Over 130 Chinese travel industry officials visit S.Korea
Since the Chinese government allowed its citizens to participate in group tours to South Korea last month, Chinese travel industry representatives h...
Sep 06, 2023 (Gmt+09:00)
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Travel & Leisure
10 mn-subscriber YouTuber Mark Wiens to showcase K-food
Renowned food influencer Mark Wiens is set to showcase the allure of gastronomic journeys in South Korea. According to the Korea Tourism Organizatio...
Sep 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai leads Indonesia’s EV push with locally produced IONIQ 5
Hyundai Motor Co. has emerged as Indonesia’s top electric vehicle seller, driven by its locally produced flagship model, the IONIQ 5, as the S...
Sep 05, 2023 (Gmt+09:00)
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Beauty & Cosmetics
L'Oréal keeps door open for more K-beauty acquisitions
L'Oréal S.A., the leading global cosmetics maker, is considering more acquisitions and partnerships in the beauty sector of South Korea, the ...
Sep 01, 2023 (Gmt+09:00)
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Travel & Leisure
Duty-free shops in Jeju welcome return of Chinese cruise tourism
For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...
Sep 01, 2023 (Gmt+09:00)
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Electronics
Corning produces ultra-thin bendable glass in Korea
Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...
Aug 31, 2023 (Gmt+09:00)
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Economy
South Korean exporters jittery as China's slowdown raises red flag
South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsqu...
Aug 30, 2023 (Gmt+09:00)
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Chemical Industry
Korean LG Chem to spend $95 mn to double water treatment biz
South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material out...
Aug 28, 2023 (Gmt+09:00)
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Retail
Cuckoo Electronics' duty-free sales in July surge by 592%
South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...
Aug 25, 2023 (Gmt+09:00)
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Travel & Leisure
K-tourism video ads with Lee Jung-jae exceed 510 mn views
The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...
Aug 24, 2023 (Gmt+09:00)