government R
Scope
Date
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Corporate restructuring
LG Chem reshuffles R&D unit to turn into EV materials maker
LG Chem Ltd., South Korea’s largest petrochemical company, is strengthening its research & development capabilities as it aims to transfor...
Mar 18, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS to develop AI platform of S.Korean government
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Sunday that it plans to develop a government-wide hyperscal...
Mar 11, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s bond sales up in February; corporate bonds remain buoyant
Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...
Mar 08, 2024 (Gmt+09:00)
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E-commerce
Korea probes AliExpress as Chinese e-commerce threat grows
South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chine...
Mar 07, 2024 (Gmt+09:00)
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Economy
Korea’s inflation rebounds, BOK to keep interest rates in H1
South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...
Mar 06, 2024 (Gmt+09:00)
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Sovereign bonds
Mirae Asset to sell Korean treasuries to retail investors
The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...
Mar 04, 2024 (Gmt+09:00)
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Korean stock market
Korea announces measures to upvalue local shares
The South Korean financial regulator announced basic guidelines under the so-called corporate value-up program on Monday, with measures to boost the...
Feb 26, 2024 (Gmt+09:00)
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Leadership & Management
Tobacco maker KT&G names its COO as final CEO candidate
South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...
Feb 23, 2024 (Gmt+09:00)
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Energy
S.Korea to up the ante on small modular reactor foundry business
South Korea will nurture the small modular reactor (SMR) foundry business to revive the country’s nuclear power industry by rolling back the p...
Feb 22, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical builds AI organizations
South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...
Feb 22, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis to supply Hadlima to US government
South Korea’s Samsung Bioepis and the US-based Organon, the local partner company of Samsung group's biopharmaceutical research and developmen...
Feb 21, 2024 (Gmt+09:00)
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Regulations
State intervention in HSCEI-tied ELS sale debacle could backfire: scholars
South Korea’s economics scholars oppose government-led countermeasures, including compensation packages, to handle mounting retail investor lo...
Feb 19, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung Electronics to hire big for AI R&D careers
Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...
Feb 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean government seeks to lower streaming service rates
The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...
Feb 14, 2024 (Gmt+09:00)
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Short selling
Korean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...
Feb 13, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, Princeton Univ. to team up for 6G R&D
Samsung Electronics Co. announced on Tuesday that its fore-front R&D center Samsung Research America (SRA) has joined Princeton University&rsquo...
Feb 13, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion to supply Remsima SC, Yuflyma to Norway
South Korea's Celltrion Inc. announced on Wednesday that it will supply its autoimmune disease treatments Remsima SC (infliximab) and Yuflyma, the...
Feb 07, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax opens integrated R&D center for bio-material
Cosmax Group, South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), announced on Monday that it has la...
Feb 05, 2024 (Gmt+09:00)
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Corporate governance
Kakao to replace K-pop pioneer SM execs over poor governance
Kakao Corp. is set to replace executives of SM Entertainment Co., who ousted its founder Lee Soo-man when the South Korean mobile giant acquired the...
Jan 29, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, LG ask US to ease EV tax benefit requirements
South Korean electric vehicle and battery makers including Hyundai Motor Group and LG Energy Solution Ltd. have asked the US to ease requirements fo...
Jan 22, 2024 (Gmt+09:00)
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Regulations
S.Korea to scrap capital gains taxes on financial products
South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...
Jan 17, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor to launch advanced vehicle platform R&D division
South Korea’s top automaker Hyundai Motor Group will launch an advanced vehicle platform (AVP) research and development division, combining it...
Jan 16, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor to invest $845 million to expand India’s Talegaon plant
South Korea’s top automaker Hyundai Motor Co. will invest 70 billion Indian rupees ($845 million) to expand and upgrade its Indian car manufac...
Jan 15, 2024 (Gmt+09:00)
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Steel
POSCO chair, board under investigation ahead of new CEO selection
Police in Seoul have launched a probe into South Korea’s POSCO Holdings Inc. Chairman and Chief Executive Choi Jeong-woo and the company's boa...
Jan 12, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
LG Elec to raise capex, R&D spending; eyes acquisition
LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to spend more on capital expenditures, as well as research and deve...
Jan 11, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai’s 42dot, Samsung to develop AI-powered SDV platform
LAS VEGAS – Hyundai Motor Group’s self-driving technology unit 42dot Inc. will develop an artificial intelligence-powered software-defin...
Jan 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung ramps up on-device NPU chip R&D; LG Electronics joins race
Samsung Electronics Co., in a rare move, has added 200 engineers to its system-on-chip design team at its research center in South Korea to develop ...
Jan 07, 2024 (Gmt+09:00)
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Short selling
Korea’s top regulator detects more foreigners’ naked shorting
South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...
Jan 04, 2024 (Gmt+09:00)
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Future mobility
42dot to lead Hyundai Group's in-vehicle software R&D
Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divis...
Dec 29, 2023 (Gmt+09:00)
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Korean games
Korea to sell $3.6 bn stake in NXC via private offering
The South Korean government is seeking to sell a 4.71 trillion won ($3.6 billion) stake in gaming giant NXC Corp. via private placement as the autho...
Dec 29, 2023 (Gmt+09:00)