domestic software
Scope
Date
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Cloud computing
Hancom goes global with SDK, SaaS products
South Korea’s homegrown office suite developer Hancom Inc. will seek to boost its brand awareness in the global B2B software market with softw...
Feb 10, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility, Siemens Gamesa join forces for offshore wind power
Major South Korean power plant builder, Doosan Enerbility Co., has entered into a strategic partnership with the world's No. 1 offshore wind power c...
Feb 07, 2023 (Gmt+09:00)
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Airlines
KAL introduces self-service bag drop for domestic flights
South Korea's flagship carrier Korean Air Lines Co. is the first airline in the country to adopt self-service bag drop on domestic flights.The compa...
Feb 03, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to put AI into new drug ingredient development
South Korea's drug developer JW Pharmaceutical is expanding the scope of its artificial intelligence (AI) uses from new drug research to the develop...
Jan 30, 2023 (Gmt+09:00)
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Carbon neutrality
Doosan advances domestic development of green hydrogen turbine
South Korea's Doosan Enerbility Co. on Sunday said it signed a memorandum of understanding on Friday with 10 domestic companies and universities at ...
Jan 30, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Kolmar Korea to establish new cosmetics production base in Sejong City
South Korea's cosmetic original design manufacturer Kolmar Korea said Wednesday that it would establish a cosmetics production base equipped with ar...
Jan 25, 2023 (Gmt+09:00)
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Construction
Korea’s Samsung C&T to build modular homes in Saudi Arabia
Samsung C&T Corp., the construction and trading arm of South Korea’s top conglomerate Samsung Group, is set to build modular homes in Saud...
Jan 25, 2023 (Gmt+09:00)
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ECM/DCM
Kakao Pay and Hanwha Aerospace likely to be added to MSCI Korea Index
South Korea's Kakao Pay Corp. and Hanwha Aerospace Co. next month are expected to get newly incorporated into the MSCI Korean Index, which measures ...
Jan 20, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korean fighter jet KF-21 makes first supersonic flight
The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...
Jan 18, 2023 (Gmt+09:00)
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Fintech
Korea's Webcash to expand B2B fintech solutions in Cambodia
Webcash Co. a leading business-to-business (B2B) fintech solutions provider in South Korea, said on Thursday its Cambodian affiliate KOSIGN and Phno...
Jan 12, 2023 (Gmt+09:00)
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Airlines
Jeju Air ranked first in domestic routes last year
Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...
Jan 09, 2023 (Gmt+09:00)
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Korean startups
Korean startup Lemonbase attracts $5.6 mn Series A funding
Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...
Jan 09, 2023 (Gmt+09:00)
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Korean startups
Global VCs urge S.Korea to train lawyers on int'l contracts
Brad McManus, investment director of the Silicon Valley-based venture capital (VC) fund Applied Ventures LLC, said his company will discuss investme...
Jan 09, 2023 (Gmt+09:00)
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Banking & Finance
KEXIM bank issues $3.5 billion in foreign currency bonds
The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...
Jan 06, 2023 (Gmt+09:00)
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Energy
Hyundai Electric to switch to 100% renewable energy by 2040
Hyundai Electric, a power equipment and energy solution affiliate of HD Hyundai, said on Thursday it would convert 100% of the electricity used at a...
Dec 29, 2022 (Gmt+09:00)
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Automobiles
Korea auto output to increase slightly in 2023: research
Domestic automobile output next year is forecast to increase 1.4% over this year to 3.7 million units.The Korea Automobile Manufacturers Association...
Dec 28, 2022 (Gmt+09:00)
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Travel & Leisure
Korea's int'l passenger traffic exceeds domestic for 1st time since pandemic
The volume of international passengers in South Korea has exceeded that of domestic flights for the first time since the outbreak of the COVID-19 pa...
Dec 26, 2022 (Gmt+09:00)
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Artificial intelligence
Samsung establishes Department of Intelligent Software at Sungkyunkwan Univ.
Samsung Electronics Co. and Sungkyunkwan University will jointly establish a new Department of Intelligent Software, a contract-based academic depar...
Dec 26, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop Vietnam as global strategic base
Samsung Electronics Co., the world’s top memory chip and smartphone maker, aims to nurture Vietnam as a global strategic base as it opens a ne...
Dec 23, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KETI localizes core software for metal 3D printing
Korea Electronics Technology Institute (KETI) on Tuesday said it developed domestic software to boost quality in manufacturing using metal 3D printe...
Dec 21, 2022 (Gmt+09:00)
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Korean stock market
Mirae Asset introduces AI investment info service
Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...
Dec 20, 2022 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Shinsegae Int'l secures domestic sales rights of Laura Mercier
South Korea's major retailer Shinsegae International said on Monday that it would acquire the exclusive domestic sales rights of Laura Mercier, a Fr...
Dec 12, 2022 (Gmt+09:00)
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Beauty & Cosmetics
Shinsegae Int'l secures domestic sales rights for Italian brand Davines
South Korea's fashion retail giant Shinsegae International on Monday said it has acquired the domestic rights to sell the Italian haircare brand Dav...
Dec 06, 2022 (Gmt+09:00)
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Capital raising
Nearly half of Korean firms plan no domestic investment next year
Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...
Dec 05, 2022 (Gmt+09:00)
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Hydrogen economy
Korea's SK E&S to produce 30,000 tons of liquid hydrogen per year
SK E&S, the energy affiliate of SK Group, from next year will start domestic output and distribution of up to 30,000 tons of liquid hydrogen ann...
Nov 10, 2022 (Gmt+09:00)
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Companies
US water treatment juggernaut Culligan eyes Chungho Nais stake
Culligan, the biggest water treatment company in the United States, is set to become a major shareholder in South Korean water purifier rental firm ...
Nov 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella to speak at developers' forum in Seoul
Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...
Nov 08, 2022 (Gmt+09:00)
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Chemical Industry
Aekyung Chemical develops 1st domestically made refrigeration lubricant
Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...
Nov 08, 2022 (Gmt+09:00)
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Batteries
Public-private battery alliance launched to source critical minerals
The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...
Nov 02, 2022 (Gmt+09:00)
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Economy
Korea to face more headwinds after Q3 growth hits 1-yr low
The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...
Oct 27, 2022 (Gmt+09:00)