S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...
Global real estate market poised for strong rebound: Savills
The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...
Samsung Bespoke AI Combo targets European market
Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...
Korean PE funds shrink in 2023 for first time in 7 years
South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflation and the Korean w...
Daesang to scale up meal kits, kimchi production in Vietnam
Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...
Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...
In Korean food prices, everything’s up: Now it’s dried seaweed's turn
First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...
Young Poong, AJ Networks to form battery recycling chain in Europe
South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...
Korean startup investments rapidly dry up in wake of SVB debacle
The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...
KCC launches Korea’s first organic water-based fire-resistant paint
South Korea's chemical and auto parts manufacturer KCC Corp. said on Thursday that it has launched the Firemask AQ Series, the first organic water-b...
KAI, KARI collaborate in developing Korean UAM
Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...
SGC Energy signs 10-year contract to supply liquid CO2
South Korea’s SGC Energy Co. recently signed a contract to supply liquid carbon dioxide to a domestic company for 10 years starting January 20...
Helixmith acquires US patent on new freeze-dried formulation
South Korea's biotech company Helixmith Co. said Wednesday it has developed and patented a new freeze-dried formulation for Engensis (VM202), a non-...
Samsung looks to acquire bio company, reviews botox maker Hugel
Samsung Group is looking to buy a biopharmaceutical company as the top South Korean business conglomerate is resuming merger and acquisition activit...
Korean companies sit on record dry powder, may open M&A floodgates
South Korea’s major companies are sitting on a record amount of cash reserves, setting the foundation for the merger and acquisition (M&A)...
