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Scope
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Energy
S.Korea's science minister calls small modular reactors 'game changers'
Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...
Feb 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korean Air launches development of Korean regional GPS system
South Korea's national flag carrier Korean Air Lines Co. on Tuesday announced the start of its development of the Korean Positioning System (KPS), a...
Feb 01, 2023 (Gmt+09:00)
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Perspectives
Korea’s nuclear power: Ample export opportunities ahead
The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to th...
Jan 30, 2023 (Gmt+09:00)
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Upcoming IPOs
S.Korean companies in renewed push for Kosdaq listings
South Korean companies are making renewed pushes to go public this year even at the expense of reduced IPO values.Zaram Technology Inc., a chip desi...
Jan 25, 2023 (Gmt+09:00)
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AgTech
Korean tractor exports hit record high of $1.3 bn in 2022
Exports of South Korean tractors hit a fresh record high for the second consecutive year in 2022, according to Korea Customs Service on Jan. 24. Kor...
Jan 25, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha takes over satellite technology from gov't institute
The state-run Korea Astronomy and Space Science Institute (KASI) said on Monday it had transferred to Hanwha Systems Co. the technology for satellit...
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)
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Carbon neutrality
SK Group to display eco-friendly tech at next month's CES
South Korea's SK Group next month will display an extended range of carbon-reducing products and technologies at CES 2023, the world's largest exhib...
Dec 19, 2022 (Gmt+09:00)
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Bio & Pharma
Seegene's COVID-19 diagnostic product wins Product of the Year Award
Seegene Inc. said on Friday that its COVID-19 diagnostic product Allplex SARS-CoV-2 Assay received the Product of the Year Award at the BioSpectrum ...
Dec 16, 2022 (Gmt+09:00)
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Korean SMEs
Home&Shopping partners with K-Market to explore opportunities in Vietnam
Home & Shopping, South Korea's home shopping channel specializing in products of small- and medium-sized enterprises (SMEs), announced on Th...
Dec 08, 2022 (Gmt+09:00)
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Korean SMEs
Employment, labor regulations most burdensome for small businesses
More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited employment and labor...
Dec 05, 2022 (Gmt+09:00)
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Automobiles
GM Korea to shut one production line to focus on small cars
General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...
Nov 22, 2022 (Gmt+09:00)
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Corporate bonds
Small Korean life insurer further rattles bond market
A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...
Nov 02, 2022 (Gmt+09:00)
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Korean startups
Korea's data solution provider for small biz becomes unicorn
Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...
Oct 06, 2022 (Gmt+09:00)
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IPOs
Small caps warm up S.Korea’s chilly IPO market
Small and mid-sized companies are reviving the otherwise chilly IPO market in South Korea, which has been dragged down by weaker-than-expected deman...
Sep 29, 2022 (Gmt+09:00)
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Bio & Pharma
Celltrion wins sales approval for biosimilar Vegzelma in Japan
Celltrion Inc. secured Japan’s approval for sales of its cancer treatment biosimilar CT-P16, a move to help the South Korean biopharmaceutical...
Sep 27, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
Sep 07, 2022 (Gmt+09:00)
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Electronics
Remote work, small offices revive S.Korea's printer market
South Korea’s printer market has been recovering from a long slump as the rise of remote work and small or home offices has revived demand for...
Aug 17, 2022 (Gmt+09:00)
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Carbon neutrality
SK Group invests $250 mn in Bill Gates’ nuclear reactor firm TerraPower
South Korea’s SK Group said on Monday it invested $250 million in TerraPower, a US venture founded by billionaire Bill Gates. The holdi...
Aug 16, 2022 (Gmt+09:00)
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Private equity
Korea's small PE firms putting fundraising plans off to 2023
South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...
Aug 11, 2022 (Gmt+09:00)
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Petrochemicals
SK Geo Centric to build high value-added material plant in China
South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...
Aug 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver Band celebrates 10-year anniversary, over 6.1 billion posts
South Korea’s tech juggernaut Naver Corp. announced Monday that its Naver Band celebrates 10 years in service with more than 156 million app d...
Aug 09, 2022 (Gmt+09:00)
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Corporate restructuring
Korean firms rush to sell real estate to raise cash
South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...
Jul 26, 2022 (Gmt+09:00)
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Private equity
Small S.Korean PE firms flex muscle during pandemic
Private equity firms registered in South Korea enjoyed a 20% jump in their accumulated commitments in 2021 as a whole, led by small and medium-sized...
Jul 06, 2022 (Gmt+09:00)
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Travel & Leisure
Moon boats light up the birthplace of Korean Confucianism
Riding a crescent moon-shaped boat that changes colors is a must-do experience in the small South Korean city of Andong, 190 km southeast of Seoul.T...
Jun 29, 2022 (Gmt+09:00)
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Aerospace & Defense
S.Korea ushers in new space era with rocket launch success
GOHEUNG, South Korea -- South Korea opened a new space era as it succeeded in the launch of a homegrown space rocket carrying payloads to become the...
Jun 21, 2022 (Gmt+09:00)
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Corporate investment
SK Innovation to focus on small reactors, batteries, waste recycling
SK Innovation Co., the refinery and chemicals unit of South Korea’s second-largest conglomerate SK, is accelerating a shift toward eco-friendl...
Jun 13, 2022 (Gmt+09:00)
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Webtoons
Korea's small webtoon platforms eye global adult markets
South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...
Jun 08, 2022 (Gmt+09:00)
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Korean SMEs
Korea composite materials maker to expand aerospace biz
South Korea’s top advanced composite materials producer aims to speed up its expansion in the aerospace sector with the acquisition of an airp...
Jun 02, 2022 (Gmt+09:00)
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Aerospace & Defense
UK satellite firm OneWeb to provide services in Korea
UK’s satellite company OneWeb plans to provide services for airlines and ships in South Korea where its geographic conditions kept the existin...
May 30, 2022 (Gmt+09:00)