Maru SF to open in Silicon Valley in November as Korean startup gateway
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...
Mercedes opens world’s 1st Maybach flagship center in Seoul
Mercedes-Benz Group on Monday opened the world’s first Maybach Brand Center in Seoul, its largest-ever dealership dedicated to the ultra-luxur...
Xiaomi to open first offline store in S.Korea with premium products
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
CJ CheilJedang to open $72 million dumpling plant in Japan
South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...
JD.com opens Korean logistics centers, preluding C-commerce invasion
JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...
Wycombe Abbey to establish 1st Korean campus in Incheon’s Midan City
Wycombe Abbey, one of the UK’s leading independent boarding schools, has been chosen as the top bidder to establish an international school in...
LF to open Korea’s 1st standalone fashion outlet in India
LF Corp., a leading South Korean clothing company, will foray into India with its flagship brand Hazzys to build its presence in the rapidly growing...
Korean Air changes badge before full integration with Asiana Airlines
Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...
Shinsegae to double down on hypermarkets as Homeplus falters
Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the ...
Korea’s beauty retailer CJ Olive Young to open first US offline outlet
CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...
China's Xiaomi establishes S.Korean branch
China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...
Korea sharply cuts 2025 growth forecast, opens door for extra budget
South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...
Samsung Electronics brings AI heat pump EHS to US HVAC market
South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...
Asiana Airlines joins Korean Air as subsidiary
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...
GIC to open 2nd tender for Seoul landmark building sale as bids disappoint
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to seek more proposals from bidders to sell a land...
Hanwha's financial companies open AI center in San Franciso
South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...
Asan Nanum to offer Silicon Valley residence to Korean startups
The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...
E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025
South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...
Korean Air-Asiana merger to spur M&A among budget carriers
Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...
Korean Air gets EU approval for Asiana merger
The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...
Hyundai launches EV charging subscription in Indonesia
Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in IndonesiaSubscribers ...
Shilla Duty Free opens Guerlain Ultimate Boutique at Incheon Airport
South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...
US private equity giant Apollo opens Seoul office for APAC expansion
Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...
L’Oréal opens SkinCeuticals second global store in S.Korea
L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...
Hanjin to open Mexico subsidiary
South Korea's Hanjin Transportation said on Friday it will establish a subsidiary in Mexico this year to expand its logistics market in Latin Americ...
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 ...
CJ Logistics opens cold-chain logistics center in Georgia
South Korea's CJ Logistics said on Thursday that it completed the construction of a large-scale cold-chain logistics center in the US and has begu...
Hotel Shilla to open 16th Shilla Stay in Jeonju
South Korea’s Hotel Shilla, said on Thursday that it will open its 16th Shilla Stay hotel in Jeonju, North Jeolla Province, on December 10.&nb...
GS Group, Notion to team up on AI capabilities
South Korea's GS Group signed a memorandum of understanding (MOU) with Notion, the US-based popular collaboration software company to enhance its ...
Daedong opens autonomous robot subsidiary Daedong Robotics
Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...
