global shipping companies
Scope
Date
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Construction & Planning
Daewoo E&C opens theme park Ice Jungle in Phu Quoc
South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened the digital theme park Ice Jungle in its ongoing luxury residential ...
Dec 29, 2023 (Gmt+09:00)
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Electric vehicles
LG gets UL certification for EV charger
LG Electronics Inc. said on Friday that its electric vehicle (EV) charger has received certification from Underwriters Laboratories (UL), the US-b...
Dec 29, 2023 (Gmt+09:00)
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Electric vehicles
HD Hyundai Oilbank launches dedicated EV lubricant
South Korea’s HD Hyundai Oilbank said on Thursday that it launched a new dedicated electric vehicle (EV) lubricant brand the Hyundai XTeer EVF...
Dec 28, 2023 (Gmt+09:00)
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Korean innovators at CES 2024
Food tech market emerges as IT firms' new battleground
The food technology market is set to become the new battleground for tech giants and startups as they race to develop the world's most customized an...
Dec 27, 2023 (Gmt+09:00)
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Retail
S.Korea's perfume duty free limit to rise by 100 ml in 2024
South Korean government will raise the duty-free limit of perfume from 60 ml to 100 ml in January 2024. The Ministry of Economy and Finance announce...
Dec 27, 2023 (Gmt+09:00)
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Bio & Pharma
ViGenCell, NK/T cell lymphoma treatment ‘VT-EBV-N’ designated as orphan drug in Europe
ViGenCell, a company specializing in immune cell therapy, announced on the 19th that its NK/T cell lymphoma treatment "VT-EBV-N" has been designated...
Dec 27, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for approval of Xolair biosimilar in Canada
South Korean biopharmaceutical company Celltrion Inc. announced on Wednesday that it has applied for CT-P39, a biosimilar of the treatment of asth...
Dec 27, 2023 (Gmt+09:00)
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Food & Beverage
This country will police ‘shrinkflation’ at the supermarket
SEOUL—Food prices have risen so much that Kim Soo-yeon has developed a suspicious new habit at the grocery store. She has taken to shaking bag...
Dec 27, 2023 (Gmt+09:00)
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Artificial intelligence
ESTsoft launches conversational AI service Alan
South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday that it launched its conversational artificial intelligence (AI) serv...
Dec 26, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $240 mn order for two VLACs
South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very la...
Dec 26, 2023 (Gmt+09:00)
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Construction
HD Hyundai Construction, Infracore to use integrated machinery platform
HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is building an integrated equipment manufacturing platform for its two const...
Dec 26, 2023 (Gmt+09:00)
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Construction
SGC eTEC E&C wins $160 mn plant order in Malaysia
South Korea's SGC eTEC E&C Co. said on Tuesday it has won a 204.7 billion won ($158 million) order to build epichlorohydrin (ECH) and chlor-alka...
Dec 26, 2023 (Gmt+09:00)
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Korean games
Korean game developers expedite global conquest
South Korea’s major game developers NCSOFT Corp., Nexon Co. and Netmarble Corp. plan to roll out new games for overseas players next year in a...
Dec 26, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis, Wind River to build digital space for SDV
South Korea’s Hyundai Mobis announced on Monday that it will build a digital twin system named M.Dev Studio with the US-based software compa...
Dec 26, 2023 (Gmt+09:00)
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Bio & Pharma
LegoChem Bio, Janssen sign $1.7 bn ADC licensing deal
LegoChem Biosciences Inc. has signed a blockbuster $1.7 billion deal to license out its proprietary antibody drug conjugate (ADC) candidate to Jasse...
Dec 26, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korea’s Glenwood PE in spotlight with carve-out deals
South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...
Dec 25, 2023 (Gmt+09:00)
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Bio & Pharma
J&J seeks US, European approval for drug developed with Yuhan
Global healthcare giant Johnson & Johnson is seeking approval for a lung cancer drug developed with Yuhan Corp., bringing the South Korean pha...
Dec 22, 2023 (Gmt+09:00)
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Bio & Pharma
NGeneBio gets approval for cancer diagnostic device in Thailand
South Korean medical diagnostic company NGeneBio Co. announced on Friday that it has received approval for the sale of its in-vitro diagnostic medic...
Dec 22, 2023 (Gmt+09:00)
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Culture & Trends
Anushka Sen, global celebs to ring in New Year in Seoul
Thousands of global celebrity infuencers, including Indian TV actress and model Anushka Sen, are set to ring in the New Year at a content festival i...
Dec 21, 2023 (Gmt+09:00)
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Fashion
S.Korea’s LF opens 9th store in Vietnam
South Korea’s fashion company LF Corp. announced on Thursday that it opened its ninth store in Vietnam at Trang Tien Plaza in Hanoi.Trang Tien...
Dec 21, 2023 (Gmt+09:00)
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Private equity
Campbell Lutyens taps ex-KIC PE chief as Korea head
Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...
Dec 21, 2023 (Gmt+09:00)
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Steel
POSCO named world's most competitive steelmaker
South Korea's POSCO was ranked number one as the world’s most competitive steelmakers for 14 straight years by the global steel analytics Worl...
Dec 21, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang to launch Excycle Basak Chip in global market
South Korean food company CJ CheilJedang Corp. announced on Thursday that it introduced its Excycle Basak Chip, a snack born from their in-house ven...
Dec 21, 2023 (Gmt+09:00)
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Retail
Shinsegae Gangnam stands out among department stores with $2.3 bn sales
Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale distric...
Dec 21, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens pop-up at @cosme Tokyo
South Korea's health and beauty store chain CJ Olive Young announced on Thursday that it opened a pop-up store at @cosme Tokyo, Japan’s larges...
Dec 21, 2023 (Gmt+09:00)
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Bio & Pharma
Boryung, HK inno.N to co-market Kanarb, K-CAB
South Korea’s pharmaceutical companies Boryung Corp. and HK inno.N announced on Wednesday that they will start co-marketing for their respec...
Dec 20, 2023 (Gmt+09:00)
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Fiber & Textile
Kolon Industries doubles aramid production facility
South Korea's industrial materials maker Kolon Industries Inc. doubled its aromatic polyamide fibers (aramid) production capacity after completing...
Dec 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai builds VR shipyard Twin FOS
South Korea’s HD Hyundai Co. announced on Wednesday that it completed the building of a virtual reality shipyard, the first stage of its Futur...
Dec 20, 2023 (Gmt+09:00)
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Construction
DL E&C’s 1915 Çanakkale Bridge named Project of the Year
South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received th...
Dec 20, 2023 (Gmt+09:00)
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Bio & Pharma
Icure wins $2.85 mn lidocaine cataplasm order from Guatemala
South Korea's Icure Pharmaceutical Incorporation announced on Tuesday that it signed a supply contract for the specialized local anesthetic lidoca...
Dec 19, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer