Deal graveyard: S.Korean F&B franchise sales left without takers

Deal graveyard: S.Korean F&B franchise sales left without takers

Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

Samsung Bespoke AI Combo targets European market

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...

Hyundai Motor completes mobile hydrogen charging station in Jeju

Hyundai Motor completes mobile hydrogen charging station in Jeju

Hyundai Motor Co. said on Monday that it completed the H Jeju Moving Station, a mobile hydrogen charging facility, at the Carbon-Free Island (CFI) E...

In South Korea, cash is king on US election, Samsung uncertainties

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

SK Telecom upgrades 5G base stations with Samsung

SK Telecom upgrades 5G base stations with Samsung

South Korea's SK Telecom Co. said on Monday that it partnered with Samsung Electronics Co. to apply artificial intelligence (AI)-based quality opt...

Netmarble unveils teaser video for its new game ‘The King of Fighters’

Netmarble unveils teaser video for its new game ‘The King of Fighters’

Netmarble Corp. announced on Thursday that it premiered a teaser video for its new game “The King of Fighters (KOF) AFK” at the SNK boot...

CJ Group explores Saudi Arabia's entertainment potential

CJ Group explores Saudi Arabia's entertainment potential

CJ Group, South Korea’s food-to-entertainment giant, is exploring business opportunities in Saudi Arabia's entertainment and logistics sectors...

KT applies AIoT video surveillance to EV charging stations

KT applies AIoT video surveillance to EV charging stations

South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...

Hyundai Motor speeds up hydrogen bus charging business in Korea

Hyundai Motor speeds up hydrogen bus charging business in Korea

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

Hyundai Motor to restore forest ecosystem

Hyundai Motor to restore forest ecosystem

Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with...

Pepero enters Thailand’s King Power Duty Free

Pepero enters Thailand’s King Power Duty Free

South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...

End of the Whopper, Burger King's belated April Fool’s prank?

End of the Whopper, Burger King's belated April Fool’s prank?

Burger King on Monday announced a plan to stop selling its iconic Whopper hamburger in South Korea this month after 40 years, provoking an outcry am...

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young beats Amorepacific to become K-beauty king

CJ Olive Young Corp., South Korea’s top beauty store chain, took the throne in the domestic cosmetics market last year, beating industry giant...

LG Energy accelerates EV battery swapping services

LG Energy accelerates EV battery swapping services

Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...

Taihan Cable wins order for UHV power grid in Egypt

Taihan Cable wins order for UHV power grid in Egypt

South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

Shinsegae I&C to open charging station Spharos EV

Shinsegae I&C to open charging station Spharos EV

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

Hyundai’s Chung: 1st Korean awarded top UK Order from King Charles

Hyundai’s Chung: 1st Korean awarded top UK Order from King Charles

Hyundai Motor Group Chairman Chung Euisun has been named a Commander of the Order of the British Empire (CBE) for promoting economic and cultural co...

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

SK Ecoplant to build data center linked to landing station in Pohang

SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...

Seoul to open hidden space below City Hall subway station

Seoul to open hidden space below City Hall subway station

Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...

Hyundai leads Indonesia’s EV push with locally produced IONIQ 5

Hyundai leads Indonesia’s EV push with locally produced IONIQ 5

Hyundai Motor Co. has emerged as Indonesia’s top electric vehicle seller, driven by its locally produced flagship model, the IONIQ 5, as the S...

Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...

Hyundai, KTC jointly open EV charging quality assurance center

Hyundai, KTC jointly open EV charging quality assurance center

Hyundai Motor Group announced on Monday that it held an opening ceremony for the Electric Vehicle Charging Infrastructure Quality Verification Cente...

SK Energy, SK REIT to establish complex energy platforms

SK Energy, SK REIT to establish complex energy platforms

South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...

Korail wins $13 million consulting project for Philippines' railway

Korail wins $13 million consulting project for Philippines' railway

South Korea's state-run railway company Korea Railroad Corporation (Korail), announced on Monday that it has secured a consulting contract to manage...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared