Tax Free World Association
Scope
Date
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Tech, Media & Telecom
Samsung Chairman Jay Y. Lee flies to Vietnam for global business
Samsung Electronics Co. Chairman Jay Y. Lee embarked on a business trip to Vietnam on Wednesday to attend an opening ceremony for a research and dev...
Dec 21, 2022 (Gmt+09:00)
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Energy
SK E&S builds world's largest production base for blue hydrogen
South Korea's SK E&S has accelerated a blue hydrogen project in Boryeong, South Chungcheong Province, in what will be the world's largest comple...
Dec 21, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend $3.1 bn on 4680 battery plant in S.Korea
LG Energy Solution Ltd., the world’s No. 2 electric vehicle (EV) battery maker, is poised to spend $3.1 billion on facilities in South Korea t...
Dec 19, 2022 (Gmt+09:00)
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Electronics
Samsung unveils gaming experience zone at Selfridges London
Samsung Electronics Co., the world's largest chipmaker and a global electronics giant, announced on Sunday it will open a gaming simulator experience ...
Dec 19, 2022 (Gmt+09:00)
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Airlines
S.Korean Airlines increase flights in anticipation of travel boom
South Korean airlines launched extensive marketing activities such as increasing international flights and giving free tickets in preparation for mo...
Dec 16, 2022 (Gmt+09:00)
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Chemical Industry
KCC's paint selected as World-Class Product for 14 consecutive years
South Korea's leading chemical and auto parts supplier KCC Corp. said on Thursday that its anti-rust and anti-fouling paints for ships and ceramics ...
Dec 16, 2022 (Gmt+09:00)
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Bio & Pharma
LG Chem in $95.5 million drug out-licensing deal with China’s Innovent
LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., and China’s biotech company Innovent Biologics have entered into a strategi...
Dec 15, 2022 (Gmt+09:00)
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Entertainment
CJ ENM to provide K-content on free platforms Tubi, Roku
South Korean entertainment giant CJ ENM Co. is linking up with major free streaming services in North America to expand accessibility for global fan...
Dec 13, 2022 (Gmt+09:00)
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Automobiles
Ace View’s surround view monitoring system works at high speed
Ace View Co., a South Korean surround view monitoring system provider, has unveiled a new product that works at driving speeds of as high as 100 km ...
Dec 12, 2022 (Gmt+09:00)
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Markets
Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax
South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...
Dec 12, 2022 (Gmt+09:00)
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ESG
KB Financial included in DJSI for 7 consecutive years
KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...
Dec 12, 2022 (Gmt+09:00)
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Advertising & Marketing
K League's campaign wins gold prize at International ad festival
The promotional video for the "Dribble-made Route" campaign produced by the Korea Professional Football Association (K League) in partnership with H...
Dec 09, 2022 (Gmt+09:00)
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Fintech
Jobis&Villains selected as beneficiary of UK venture support program GEP
South Korea's Jobis & Villains Corp., which operates the tax return service "3o3," announced on Thursday that it has been officially registered ...
Dec 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom gets global approval for UAM-interworking tech standard
South Korea's SK Telecom Co. on Thursday said the International Telecommunication Union's Telecommunication Standardization Sector (ITU-T) approved ...
Dec 09, 2022 (Gmt+09:00)
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Bio & Pharma
PCL’s diagnostic kit measures concentration of COVID-19 antibodies
PCL Inc., a South Korean in vitro diagnostics device maker, plans to bring two test kits – one that simultaneously detects COVID-19 and influenza infe...
Dec 08, 2022 (Gmt+09:00)
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Samsung Group
Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women
Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...
Dec 08, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops world's fastest server DRAM sample
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...
Dec 08, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor sells hydrogen-powered truck Xcient in S.Korea
Hyundai Motor Co. on Thursday said it launched sales of its hydrogen-powered fuel cell truck Xcient Fuel Cell in South Korea.The model is the worl...
Dec 08, 2022 (Gmt+09:00)
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Batteries
JSCO Holdings signs MOA with Philippines' nickel mining company
JSCO Holdings said on Thursday that it has signed a comprehensive memorandum of agreement (MOA) with EVE Mining & Development Corporation (EVM) ...
Dec 08, 2022 (Gmt+09:00)
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Airlines
Air Busan offers 4 daily flights on Busan-Fukuoka route
Korea's low-cost carrier Air Busan Co. from Thursday will add a daily flight to its route linking the nation's biggest port city of Busan to Fukuo...
Dec 07, 2022 (Gmt+09:00)
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Batteries
SK On-Ford Motor EV battery joint venture breaks ground in Kentucky
NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dollar joint venture in...
Dec 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...
Dec 05, 2022 (Gmt+09:00)
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Companies
LS Mtron supplys tractors to world's No. 2 agricultural machinery firm
LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...
Dec 05, 2022 (Gmt+09:00)
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Retail
Shilla Duty Free offers metaverse Gucci Beauty class
Shilla Duty Free, Korea's leading duty-free shop chain, is opening a metaverse beauty class in collaboration with Gucci Beauty.The company will intr...
Dec 02, 2022 (Gmt+09:00)
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Construction
Hyundai E&C creates world's first children's playground using 3D printing
Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...
Nov 25, 2022 (Gmt+09:00)
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Economy
Finance ministry stresses need to reduce maximum corporate tax rate
A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...
Nov 22, 2022 (Gmt+09:00)
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ESG
South Korea aims to build world’s 6th inland base in the Antarctic
The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...
Nov 22, 2022 (Gmt+09:00)
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Korean food
CJ CheilJedang serves up K-food for Qatar World Cup fans
South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...
Nov 22, 2022 (Gmt+09:00)
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Batteries
LG Chem to build $3.2 billion US cathode plant in Tennessee
LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...
Nov 22, 2022 (Gmt+09:00)
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Automobiles
LG Display develops invisible speaker for automobiles
South Korea's LG Display on Monday said it has developed an in-vehicle sound solution that uses screen vibrations to produce sound, and that the dev...
Nov 22, 2022 (Gmt+09:00)