korea sk ecoplant sbti
Scope
Date
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Carbon neutrality
S.Korea, Laos boost partnership in global drive to cut CO2 emissions
South Korea's Ministry of Trade, Industry and Energy on Tuesday held talks with Laos' Ministry of Natural Resources and Environment at the Seoul hea...
Aug 08, 2023 (Gmt+09:00)
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Banking & Finance
Korea’s time deposit rates head north on higher bank bonds’ coupon
South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...
Aug 07, 2023 (Gmt+09:00)
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Pension funds
S.Korea's NPS sells off Australian warehouse equity at $368 mn
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Monday it has sold off a 50% stake in an Austra...
Aug 07, 2023 (Gmt+09:00)
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Business & Politics
Bullet maker Poongsan chief Ryu’s new role: Korea’s top business lobbyist
Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...
Aug 07, 2023 (Gmt+09:00)
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Batteries
SK Nexilis to sell copper foil to German battery maker Varta
South Korea’s SK Nexilis Co. is set to supply copper foil, core materials for electric vehicle cells, to German battery maker Varta AG, expand...
Aug 07, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
Aug 07, 2023 (Gmt+09:00)
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Retail
S.Korea's Lotte Department Store launches 'K-Beauty' tour service
South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...
Aug 07, 2023 (Gmt+09:00)
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ESG
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...
Aug 07, 2023 (Gmt+09:00)
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Automobiles
Santa Fe, Sorento, Torres to lead mid-sized SUV sales war in Korea
Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in their fight to garne...
Aug 07, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's No. 1 flight route in 2023 is Incheon-Osaka
South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...
Aug 07, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials reviews film line expansion in S.Korea
Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...
Aug 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea's new superconductor will be verified: research team
Global scientists will be able to replicate South Korean researchers’ recent findings of room-temperature superconductor in around a month, de...
Aug 04, 2023 (Gmt+09:00)
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Airlines
Air travel from Korea roars back to everywhere, except China
Flight routes between South Korea and China, once Korean flag carriers’ most lucrative, have become their white elephant as passengers on the ...
Aug 04, 2023 (Gmt+09:00)
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Food & Beverage
Heads of S.Korea's chicken chains promoting expansion abroad
The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...
Aug 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
With long-gone heyday, Capro clings to stake sale for survival
Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...
Aug 04, 2023 (Gmt+09:00)
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Batteries
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...
Aug 03, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals forms Scientific Advisory Board
South Korea's SK Biopharmaceuticals assembled its Scientific Advisory Board (SAB) composed of world-renowned physicians and drug development experts...
Aug 03, 2023 (Gmt+09:00)
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Korean games
S.Korea’s mobile app spending hits record high in H1 2023
South Korean consumers' spending on mobile apps recorded the highest-ever in the first half of this year.Mobile data and analytics platform data.ai ...
Aug 03, 2023 (Gmt+09:00)
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Retail
Costco Korea under heavy scrutiny over cart pusher’s death
Costco has come under heavy scrutiny after a 29-year-old cart pusher at one of its outlets near Seoul died after working in scorching heat in June, ...
Aug 03, 2023 (Gmt+09:00)
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Regulations
Big Bang deregulation poised to bolster S.Korean ST market
South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...
Aug 03, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to fully open gov't R&D projects to foreign researchers
South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...
Aug 03, 2023 (Gmt+09:00)
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Korean chipmakers
Advanced memory is strategic asset for Korea’s chip supremacy: Hwang
South Korea, home to the world’s two largest memory chipmakers – Samsung Electronics Co. and SK Hynix Inc. – has been the dominant...
Aug 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's SM buys shipping line HMM shares ahead of bidding
South Korea’s SM Group has increased its ownership in HMM Co., the country’s top container shipping line. The 30th-largest conglomerate ...
Aug 02, 2023 (Gmt+09:00)
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Food & Beverage
Baskin-Robbins stands out in melting Korean ice cream market
Global ice cream chain Baskin-Robbins, the top ice cream seller in South Korea, is solidifying its market position with localization despite the cou...
Aug 02, 2023 (Gmt+09:00)
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Economy
Korea’s inflation eases to 25-mo low, but poised to rebound in H2
South Korea’s headline inflation rose at the slowest pace in 25 months in July on still-low international oil prices but is projected to reacc...
Aug 02, 2023 (Gmt+09:00)
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Retail
Korea’s duty-free sales skid despite China border reopening
South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...
Aug 02, 2023 (Gmt+09:00)
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Banking & Finance
SK C&C begins to construct S.Korea's first ATS
SK C&C, an information and communications technology affiliate of South Korea’s SK Group announced on Wednesday it has started constructio...
Aug 02, 2023 (Gmt+09:00)
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Energy
Westinghouse, KHNP seek licensing dispute arbitration
Korea Hydro & Nuclear Power Co. (KHNP) and Westinghouse Electric Corp. have taken their almost one-year dispute over South Korea’s nuclear...
Aug 02, 2023 (Gmt+09:00)
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Economy
Korea exports down the most in 3 years; BOK may keep rates
South Korea’s exports declined at their steepest pace in more than three years last month, data showed on Tuesday, adding to expectations that...
Aug 01, 2023 (Gmt+09:00)
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Fashion
S.Korea’s overseas online shopping surpasses $1.3 bn in Q2 2023
South Korea's overseas online shopping through Chinese malls in the second quarter of this year has more than doubled compared to a year ago. Accor...
Aug 01, 2023 (Gmt+09:00)
Latest News
- 1 SK Hynix’s turnaround gains traction from US, China
- 2 Samsung's financial arms beat No.1 banking group KB in profit
- 3 Korea’s airlines plagued by elevated fuel costs, strong dollar
- 4 LG Uplus offers Korean Air gift cards to 5G subscribers
- 5 SK Bioscience sells stake in US vaccine developer Novavax