local vaccine infrastructure
Scope
Date
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Automobiles
Hyundai Motor begins Genesis GV70 EV production in US
Hyundai Motor Co. has commenced production of the Genesis GV70 electric vehicle in the United States. This marks the first locally produced vehicle ...
Feb 23, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma gets WHO pre-qualification approval for chickenpox vaccine
South Korea's GC Biopharma Corp. is set to regain the No. 1 spot in global production of chickenpox vaccines after earning qualification to enter th...
Feb 21, 2023 (Gmt+09:00)
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Bio & Pharma
AIMMED’s Somzz ushers in digital therapeutic device market in Korea
South Korea’s health and drug safety authority has cleared Somzz to treat patients with sleep disorders, a dynamic move that is expected to vi...
Feb 16, 2023 (Gmt+09:00)
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Food & Beverage
Korea's Dongsuh to rival Nestle in local capsule coffee market
South Korea’s No.1 instant coffee maker Dongsuh Foods Corp. is set to rival global food and beverage giant Nestle in the local capsule coffee ...
Feb 14, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea's Kyung Dong Navien expands its business in Central Asia
South Korea's heating systems manufacturer Kyung Dong Navien Co. held a conference for 100 local dealers in Tashkent, Uzbekistan, on Feb. 10.The con...
Feb 13, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Engineering builds nationwide EV infrastructure
South Korea's Hyundai Engineering on Sunday said the country's Ministry of Environment selected the company to receive electric vehicle (EV) infrast...
Feb 13, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma's Ochang facility gets WHO PQ certification
GC Biopharma Co.'s production facility in Ochang (North Chungcheong Province) secured a pre-qualification (PQ) certification from the World Health O...
Feb 10, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma wins permission from Singapore for Nabota
South Korea's drug development company Daewoong Pharmaceutical said on Thursday that it received on Jan. 20 product approval for its botulinum toxin...
Feb 10, 2023 (Gmt+09:00)
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Aerospace & Defense
LIG Nex1 to work with Romanian state-run defense supplier
South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...
Feb 09, 2023 (Gmt+09:00)
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Bio & Pharma
Red ginseng prevents flu, pneumonia: research
Studies have shown that South Korea's hongsam (red ginseng) is effective in preventing respiratory diseases such as the flu and pneumonia.The Korean...
Feb 08, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to allow offshore investors to directly trade won
South Korea is set to allow offshore investors to directly trade the won and extend the operating hours of the local currency market from July next ...
Feb 07, 2023 (Gmt+09:00)
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Construction
South Korea's SK Ecoplant localizes core tech to make ultrapure water
South Korea's SK Ecoplant Co. is expanding its portfolio in the water industry through localizing core technology to produce ultrapure water (UPW), ...
Feb 07, 2023 (Gmt+09:00)
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Sovereign bonds
S.Korean institutional investors inject more capital in MMFs
South Korean institutional investors, such as pension funds, mutual aids and corporates, are rushing to money market funds (MMFs) for short-term pro...
Feb 06, 2023 (Gmt+09:00)
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Earnings
Meritz Securities poised to become Korea’s No. 1 for first time
Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...
Feb 03, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience's SKYCellflu approved by Chilean health authority
SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, announced on Thursday that its world-first cell culture-based quadr...
Feb 02, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha kickstarts localization of 1,000-hp gas turbine engine components
A project to lengthen the lifecycle of 1,000-horsepower gas turbine engine core components and materials, which is led by Hanwha Aerospace Co. locat...
Jan 31, 2023 (Gmt+09:00)
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Korean Investors
Korea Exchange acquires market operator license in Singapore
Korea Exchange (KRX) on Thursday said it has received a "Recognized Market Operator" (RMO) license from the Monetary Authority of Singapore (MAS), a...
Jan 27, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax to make inroads into Japanese market in earnest
Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, said on Thursday that it would start targeting the Japanese market...
Jan 19, 2023 (Gmt+09:00)
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Cloud computing
Bespin Global establishes Vietnam Tech Center for cloud, digital innovation
South Korea's cloud management company Bespin Global will foster cloud and digital innovation industries in Central Vietnam. To this end, the compan...
Jan 17, 2023 (Gmt+09:00)
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Banking & Finance
Kookmin Card acquires Cambodian leasing firm at $5.2 mn
KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...
Jan 13, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to extend trading hours of local forex market
South Korea will extend the trading hours for the local foreign exchange market to attract overseas investors and improve the trading system so that...
Jan 13, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record sales in India; to build IONIQ 5 locally
South Korea’s two leading automakers – Hyundai Motor Co. and Kia Corp. – are solidifying their presence in India, a fast-growing A...
Jan 10, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience's shingles vaccine obtains product approval from Malaysia
SK Bioscience Co. said on Monday that its shingles vaccine Sky Zoster has been given approval by Malaysia's National Pharmaceutical Regulatory Age...
Jan 09, 2023 (Gmt+09:00)
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Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Korean startups win 4 out of 23 Best of Innovations at CES 2023
LAS VEGAS – South Korean startups have won four out of the 23 Best of Innovation awards from Consumer Technology Association (CTA), which host...
Jan 04, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks completes acquisition of local EV charging platform operator
SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...
Jan 03, 2023 (Gmt+09:00)
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Private equity
Korean banks must increase total shareholder returns: Align Partners
South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country’s top financia...
Jan 02, 2023 (Gmt+09:00)
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Airlines
T’way Air becomes first local budget carrier to fly Incheon to Sydney
T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...
Dec 26, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT signs agreement with O2 Company on smart fish farming
KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...
Dec 26, 2022 (Gmt+09:00)
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Logistics
SK Energy, Naver agree to develop gas stations into logistics hubs
SK Energy and Naver Corp. are joining hands to transform gas stations into urban logistics hubs where advanced technologies will be employed.SK Ener...
Dec 23, 2022 (Gmt+09:00)