SK Innovation to restore Vietnam’s mangrove forests in ESG initiative
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
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 ...
LG Chem unveils precursor-free cathode material for batteries
LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel bat...
SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell
SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...
PCB maker Isupetasys cancels M&A with carbon nanotube producer
South Korean printed circuit board (PCB) maker Isupetasys Co. has withdrawn a 300-billion-won ($210 million) deal to buy Jeio Co., one of the countr...
Korea Investment Holdings’ MSCI ESG rating upgraded to A
Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...
Lotte Duty Free unveils robot bartender in Gimpo Int'l Airport
South Korea's Lotte Duty Free said on Thursday it placed its AI-based robot bartenders in Gimpo International Airport.Lotte Duty Free offers robot...
Real estate debt outshines corporate credit: Savills IM
Private credit has been among the top picks for alternative investors over the past few years. During the period of high interest rates, corporate l...
S.Korean gov't to lift two-bottle limit on duty-free alcohol
South Korean government will lift the number restriction of duty-free alcohol bottles for inbound travelers and halve the patent fees to boost the d...
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
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 ...
Korean duty-free shops post Q3 losses; no signs of recovery
The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...
Lotte E&C develops low-carbon cement construction
Lotte Engineering & Construction (E&C) said on Tuesday developed carbon dioxide-infused mortar technology for flooring with Hanil Cement Co....
HD Hyundai OCI supplies recycled tire materials to Hankook Tire
HD Hyundai OCI, the petrochemical affiliate of HD Hyundai Oilbank, said on Tuesday it started to supply Hankook Tire & Technology with recycled ...
Korean food makers set sights on Europe with vegan, sugar-free offerings
PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their ex...
Hyundai Motor Group six affiliates to strengthen carbon neutrality
Hyundai Motor Group said on Monday that six affiliates and Hyundai Engineering & Construction Co. signed a memorandum of understanding (MOU) for...
Lotte Duty Free renews Tokyo Ginza Store
South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...
HD Hyundai to build int'l standards for carbon emissions
South Korea's HD Hyundai Marine Solution Co. said on Wednesday that it signed a Life Cycle Assessment (LCA) Agreement with HD Hyundai Samho and the ...
Global Sae-A completes spinning mill in Costa Rica
South Korea's Global Sae-A Group said on Monday it had inaugurated a third spinning factory for its yarn-producing subsidiary, Sae-A Spinning, in ...
Hanwha unveils carbon-free gas carrier amid tougher rules
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...
Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...
Shinsegae Duty Free opens premium store at Incheon Airport
South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...
SK E&S creates value chain from FPSO, gas field project to carbon capture
SINGAPORE – At Seatrium Admiralty Yard on Jurong Island, southwest of Singapore, some 2,000 workers are busy welding gas pipes and doing other...
LG Group publishes 2023 ESG Report
LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...
S.Korean travel retailers face downturn without Chinese big spenders
Before COVID-19 swept the world, South Korea’s top two travel retailers Lotte Duty Free and Shilla Duty Free Shop ascended to the world’...
Hyundai Mobis develops nickel-free inductor material
Hyundai Mobis Co. has developed the world's first nickel-free inductor material, which is expected to sharply cut the cost of manufacturing inductor...
SK Telecom provides SaaS-based passkey solution for biz
South Korea's SK Telecom Co. said on Monday it offers a passkey system, enabling password-free login and user authentication, via a software-as-a-se...
Lotte Fine Chemical, JEFA to collaborate on clean ammonia value chain
Lotte Fine Chemical Co., a subsidiary of South Korea's Lotte Chemical Corp., said on Friday that it signed a Clean Ammonia Value Chain Agreement (JC...
Samsung to offer 7 years of free Tizen OS upgrade for AI TVs
Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating sy...
Korea’s Ssangyong C&E exports eco-friendly limestone cement to US
Ssangyong C&E Co., a leading South Korean cement maker, said on Monday it has exported 30,000 tons of low-carbon limestone cement to the US &nda...
