two Koreas
Scope
Date
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Food & Beverage
Korea's LifeSemantics establishes health functional food subsidiary
Digital healthcare company LifeSemantics Co. has entered the health functional food business by creating a new subsidiary, NutraSemantics. The South...
Mar 17, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to acquire Korea’s top FCCL maker NexFlex for $407 mn
MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...
Mar 17, 2023 (Gmt+09:00)
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Future mobility
Tmap Mobility, SWM to collaborate in autonomous driving area
Tmap Mobility Co., a Korean navigation app company, announced on Friday a business agreement to promote cooperation in autonomous driving technology...
Mar 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's Naver gets global compliance certification
South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...
Mar 17, 2023 (Gmt+09:00)
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Artificial intelligence
Upstage’s AskUp offers Korea’s first GPT-4-powered chatbot service
Upstage, a South Korean AI tech startup, has unveiled a new version of its generative AI chatbot powered by GPT-4, to become the first to offer Open...
Mar 17, 2023 (Gmt+09:00)
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Carbon neutrality
HD Hyundai forms S.Korea's first integrated carbon footprint team in shipbuilding
South Korea's HD Hyundai Co. has teamed up with domestic shipbuilders and classification societies to form the first integrated "carbon footprint" t...
Mar 17, 2023 (Gmt+09:00)
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Airlines
S.Korea's Air Premia to launch Incheon-New York route in May
Air Premia, a South Korean hybrid service carrier, announced on Friday the launch of a new air route between Incheon and New York from May 22. ...
Mar 17, 2023 (Gmt+09:00)
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Retail
Korea's BGF Retail to cut power use with smart devices
BGF Retail, the operator of South Korea’s largest convenience store chain CU, said on Thursday that it had signed a memorandum of understandin...
Mar 17, 2023 (Gmt+09:00)
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Energy
Korea Eximbank teams up with US small nuclear reactor firm
The Export-Import Bank of Korea said on Thursday that it had signed a memorandum of understanding (MOU) with NuScale Power, a US company that develo...
Mar 17, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's FutureChem gets approval for phase 3 clinical trials in China
South Korean radiopharmaceutical development company FutureChem Co. announced on Thursday that China's National Medical Products Administration (NMP...
Mar 17, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's budget carriers seek expansion via more overseas flights
South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...
Mar 17, 2023 (Gmt+09:00)
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Batteries
Korea EV cell makers unveil new products to expand market
South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...
Mar 16, 2023 (Gmt+09:00)
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ESG
ESG: Name of the game in investing, funding amid Korea’s green push
With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...
Mar 16, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Harim launches street food brand Melting Piece
South Korea's leading poultry processing firm, Harim Co., announced on Thursday the launch of its new street food brand, Melting Piece, in response ...
Mar 16, 2023 (Gmt+09:00)
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Pension funds
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Mar 16, 2023 (Gmt+09:00)
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Energy
S.Korea's SK Ecoengineering launches cogeneration platform
SK Ecoengineering Co., a South Korean engineering company specializing in environmental and energy projects, said on Thursday that it has launched a...
Mar 16, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, IGAWorks team up to boost data value
CJ Logistics, a South Korean logistics company, said on Thursday that it has signed a business agreement with IGAWorks Co., a big data platform comp...
Mar 16, 2023 (Gmt+09:00)
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Economy
S.Korea’s jobs in February grow at slowest pace in 2 years
South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...
Mar 16, 2023 (Gmt+09:00)
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Corporate bonds
S.Korea's individual investors buy bonds this year worth $5.3 billion
Individual investors in South Korea this year have made net bond purchases, or the difference between the buying and selling amounts, worth over 7 t...
Mar 16, 2023 (Gmt+09:00)
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Artificial intelligence
Naver D2SF invests in 3D avatar-based communication startup
Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...
Mar 16, 2023 (Gmt+09:00)
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Korean food
Korea Ginseng Corporation opens new R&D center in California
Korea Ginseng Corporation (KGC), a leading producer of Korean ginseng products, said on Wednesday that it has opened a new research and development ...
Mar 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils flagship EV9 design; world premiere in March
Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...
Mar 15, 2023 (Gmt+09:00)
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Business & Politics
South Korea eyes $261 billion chip cluster; Samsung takes lead
South Korea said on Wednesday it will create the world’s largest semiconductor cluster near Seoul by attracting 340 trillion won ($261 billion...
Mar 15, 2023 (Gmt+09:00)
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Korean chipmakers
South Korea says US Chips Act subsidies have too many requirements
SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...
Mar 15, 2023 (Gmt+09:00)
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Batteries
LS Electric unveils innovative solutions at Korea, Japan energy exhibitions
LS Electric Co., Ltd., an industrial electric solutions company from South Korea, is set to showcase innovative solutions at smart energy exhibition...
Mar 15, 2023 (Gmt+09:00)
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Supply chain
Samsung SDS acquires Korea’s No. 1 procurement SCM company
Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc., Korea's top suppl...
Mar 15, 2023 (Gmt+09:00)
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Robotics
KT expands use of self-driving delivery robots to campgrounds
South Korea's KT Corp. has launched a delivery service for campgrounds using self-driving robots.The telecom giant on Tuesday said it signed a memor...
Mar 15, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...
Mar 15, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Prestige Biologics attracts $59 mn overseas investment
Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...
Mar 15, 2023 (Gmt+09:00)
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Aerospace & Defense
Boeing’s Korean supplier targets UAV market with guided weapons
Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...
Mar 14, 2023 (Gmt+09:00)
Latest News
- 1 Mediaiplus aims to be the Amazon of clinical trials
- 2 Korea’s export growth at 7-month low amid growing external risks
- 3 BTS Jin to open pop-up for solo album release
- 4 KB Asset Management to list Balhae Infrastructure Fund
- 5 NPS commits $436 mn to Koramco, Hana Alternative for real estate debt fund