IFEZ to apply for designation of southern Ganghwa as free economic zone
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
US considers withdrawing thousands of troops from South Korea
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Celltrion expands footprint in Latin America with flagship oncology drugs
South Korea’s biopharmaceutical giant Celltrion Inc. has solidified its presence in South America after winning supply contracts for its flags...
Middle East: New land of opportunity for Korean medical devices
South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...
Hanmi Bank rises from Koreatown lender to regional bank
It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...
CHA Healthcare incorporates Singapore's SMG as subsidiary
South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...
Com2us BTS Cooking On surpasses 1 mn global downloads
South Korea's Com2uS Corp. announced on Monday that its new cooking simulation game, "BTS Cooking On: TinyTAN Restaurant," reached 1 million downloa...
KIC eyes direct lending with high return potential: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...
HK inno.N to release K-CAB in MENA market
South Korean bio-health company HK inno.N announced on Tuesday that it signed a contract with Saudi Arabian local pharmaceutical company Tabuk Pharm...
GAS Entec wins order for Indonesian offshore plant
South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natu...
LG Elec expands workforce to enhance AI cyber security
LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...
Norway’s prime office value drop hits Korean retail investors
A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...
Tesla to showcase Cybertruck in South Korea next week
Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South Korea, home to its ...
S.Korea, Indonesia agree to free up flight routes
South Korea and Indonesia have agreed to allow unrestricted flight operations between their regional airports. This announcement, made by Seoul's Mi...
Central, South America: Korean builders’ El Dorado
South Korean construction companies are penetrating deeper into Central and South America, where high demand for infrastructure facilities is now se...
Celltrion to expand Yuflyma supply network in Europe
South Korea’s Celltrion Inc. announced on Friday that it will supply its biosimilar Yuflyma (active ingredient: adalimumab) for the treatment ...
CJ ENM to hold KCON Hong Kong in March
South Korea’s entertainment powerhouse CJ ENM Co. announced on Thursday that it will hold its annual K-pop festival KCON in Hong Kong for the ...
Warburg Pincus’ JV to invest in Korean prime warehouses
US private equity firm Warburg Pincus LLC said on Tuesday it will establish a joint venture in South Korea via its Asia real estate fund to invest i...
NCSOFT included in DJSI Asia Pacific Index
South Korea’s major game developer and publisher NCSOFT Corp. announced on Thursday that it was listed on the Dow Jones Sustainability Asia/...
POSCO Future M included in DJSI Asia Pacific Index
South Korea’s battery materials maker POSCO Future M Co. announced on Tuesday that it was listed on Dow Jones Sustainability Asia/Pacific In...
S.Korea, Japan seal 3-year $10 bn currency swap deal
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...
Middle East, land of opportunity for Korean startups
South Korean startups are accelerating their foray into the Middle East, where oil-rich countries are keen to nurture startups with innovative and d...
LG Elec to open heat pump research laboratory in Alaska
LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...
Woori Bank opens regional headquarters in Bangladesh
South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...
Hyundai, Kia aim for 20% share in Middle East with EVs by 2030
Hyundai Motor Co. and its sibling Kia Corp. together target selling 550,000 cars annually in the Middle East by 2030 to control about 20% of the reg...
Celltrion Healthcare wins Remsima order in France, Italy
South Korea's Celltrion Healthcare Co. announced on Wednesday its autoimmune disease treatment Remsima (ingredient: infliximab) has won a bid for ho...
Celltrion Healthcare to supply Yuflyma to five regional gov’ts in Italy
South Korea's Celltrion Healthcare Co. announced on Monday that it will supply its biosimilar Yuflyma (active ingredient: adalimumab) for the treatm...
KT, SingPost to team up for AI-based digital logistics
South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...
Starbucks' space marketing shines in Korea with 'The' stores
Starbucks “The Yeosu Dolsan DT” in South Korea embodies the business philosophy of its founder and former Chief Executive Howard Schultz...
Korean Air resumes flights from Busan to Japan after three-year suspension
Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...
