social venture firms
Scope
Date
~
-
Economy
Korea’s smaller firms embrace older, experienced workforce
South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...
Aug 23, 2023 (Gmt+09:00)
-
Investment banking
Mirae Asset Securities exceeds $3 bn in overseas equity
Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...
Aug 22, 2023 (Gmt+09:00)
-
Korean Investors
Korea taps Greyhound Capital, Headline Asia as venture fund managers
South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...
Aug 21, 2023 (Gmt+09:00)
-
Healthcare
Hyundai Department Store, Nestlé forge dietary supplement alliance
Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...
Aug 21, 2023 (Gmt+09:00)
-
Korean games
Gaming giant Krafton to pour additional $150 mn into India
South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is slated to ramp up investment...
Aug 18, 2023 (Gmt+09:00)
-
Economy
Seoul’s slow but enduring push to be Asia’s premier financial hub
It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...
Aug 18, 2023 (Gmt+09:00)
-
Bio & Pharma
SK Biopharm to export epilepsy drug tech to Middle Eastern firm
South Korea's SK Biopharmaceuticals announced on Friday a strategic tie-up with Hikma MENA FZE, marking the introduction of its new epilepsy medicat...
Aug 18, 2023 (Gmt+09:00)
-
Corporate investment
LG bets big on promising technologies for future growth
LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...
Aug 17, 2023 (Gmt+09:00)
-
Petrochemicals
Lotte Chemical sells off debt-ridden JV to China's Sanjiang
South Korea’s Lotte Chemical Corp. has divested all shares it owns in Chinese joint venture Lotte Sanjiang Chemical Co., according to people f...
Aug 16, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Aug 16, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
Nomura says new shipbuilding orders peaked; Korean firms refute
Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD...
Aug 15, 2023 (Gmt+09:00)
-
Chemical Industry
SK Geo Centric, China’s Sinopec mark 10-year alliance
China-Korea Petrochemical, a joint venture (JV) between South Korea’s SK Geo Centric and the Chinese public oil company Sinopec, celebrates it...
Aug 14, 2023 (Gmt+09:00)
-
Korean stock market
KCGI Asset Management appoints former KIS head as new CMO
South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...
Aug 11, 2023 (Gmt+09:00)
-
Shareholder value
SK Square to buy back $152 mn of its stocks by March 2024
South Korean investment firm SK Square Co. will buy back 200 billion won ($151.9 million) worth of corporate shares by March of next year as an effo...
Aug 09, 2023 (Gmt+09:00)
-
Bio & Pharma
SK Pharmteco secures 12 global pharma clients, sets up US R&D center
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has secured 12 global pharm...
Aug 09, 2023 (Gmt+09:00)
-
Airlines
Hanjin KAL secures liquidity to keep chairman's control of firm
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...
Aug 08, 2023 (Gmt+09:00)
-
Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Aug 08, 2023 (Gmt+09:00)
-
Construction & Planning
Heerim wins supervision contract for Vietnam's Long Thanh Airport
South Korea's Heerim Architects & Planners announced on Monday that it has signed a construction-phase supervision and advisory contract for the...
Aug 07, 2023 (Gmt+09:00)
-
Fiber & Textile
The North Face supplier Youngone hints at succession plan
Youngone Corp., a South Korean outdoor clothing maker to global brands like The North Face and Patagonia, has given a clearer signal that Chairman...
Aug 07, 2023 (Gmt+09:00)
-
Food & Beverage
Ourhome strikes catering deal with Vietnam's FPT Education
A prominent South Korean food service provider Ourhome Ltd. disclosed on Monday that it has penned a memorandum of understanding with FPT Education,...
Aug 07, 2023 (Gmt+09:00)
-
Mobile networks
Kakao to release super-large AI model, superapp
Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...
Aug 04, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Aug 03, 2023 (Gmt+09:00)
-
Automobiles
Kia America’s new normal: Record car sales month after month
Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...
Aug 02, 2023 (Gmt+09:00)
-
Batteries
Battery recycling firms aim for 90% lithium recovery rates
A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...
Jul 31, 2023 (Gmt+09:00)
-
Batteries
Doosan secures $392 mn in cumulative PFC orders
South Korea's Doosan Corp. announced on Monday that it has accumulated 500 billion won ($392 million) in orders for its patterned flat cable (PFC), ...
Jul 31, 2023 (Gmt+09:00)
-
Automobiles
Hyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with improved profit margi...
Jul 31, 2023 (Gmt+09:00)
-
Corporate strategy
S.Korea's top four accounting firms to cut hiring 30%
South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring this year more than...
Jul 31, 2023 (Gmt+09:00)
-
Carbon neutrality
Hyundai, Kia deploy CO2 emission monitor system for cooperative firms
South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...
Jul 28, 2023 (Gmt+09:00)
-
Robotics
KT, LG Elec, Hyundai Elevator join robot-elevator project
A robot freely gets on and off an elevator and moves around a building, doing everything from coffee to parcel delivery and route guidance.This is t...
Jul 28, 2023 (Gmt+09:00)
-
Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore