KAI to supply firefighting helicopter to Gangwon Province

KAI to supply firefighting helicopter to Gangwon Province

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it signed a 33 billion won ($24 million) contract with Gangwon Special Self-Governing...

PharmaResearch acquires TuringBio for digital therapeutics

PharmaResearch acquires TuringBio for digital therapeutics

PharmaResearch Co., a South Korean company specializing in regenerative medicine, announced on Wednesday that it acquired TuringBio, an AI-based dig...

Australian real estate debt, capitalizing on growth: Savills IM

Australian real estate debt, capitalizing on growth: Savills IM

The commercial real estate (CRE) debt market in Australia has grown rapidly over the last decade. According to the Australian Prudential Regulation ...

Samsung to hire experienced foreign staff in R&D

Samsung to hire experienced foreign staff in R&D

Three affiliates of Samsung Group are looking to hire outstanding foreign researchers.Samsung Electronics Co., Samsung Display and Samsung SDI Co. o...

Korea’s smaller firms embrace older, experienced workforce

Korea’s smaller firms embrace older, experienced workforce

South Korea’s liquid filtration system developer Neos Corp. has seven employees, all seasoned mechanical and electrical engineers in their 60s...

South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surge 50% to record high

South Korea's whisky imports surged by 50% in the first half of 2023, reaching an unprecedented peak, according to trade data the Korea Customs Serv...

Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup

Kakao Mobility to develop EV, self-driving tech with Vietnam's Vingroup

South Korea's Kakao Mobility is collaborating with Vietnam's No. 1 corporation Vingroup JSC and Southeast Asia's biggest information and communicati...

Seoul tightens safety oversight for BTS 10th anniversary fireworks

Seoul tightens safety oversight for BTS 10th anniversary fireworks

The South Korean government is stepping up safety oversight ahead of the BTS Festa fireworks show. This is in response to last year's massive crowd ...

Korea’s GS E&C holds first global HR conference in Mumbai

Korea’s GS E&C holds first global HR conference in Mumbai

GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...

S.Korea's Shift Up scouts former OpenAI engineer

S.Korea's Shift Up scouts former OpenAI engineer

South Korea's game develop and design studio Shift Up has hired AI developer Kim Tae-hoon, who hails from Silicon Valley, to enhance its game artifi...

LIG Nex1, S.Korea's Air Force Academy sign future defense tech deal

LIG Nex1, S.Korea's Air Force Academy sign future defense tech deal

LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense technology and personnel ...

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group ranks first in US vehicle dependability study

Hyundai Motor Group has once again topped the U.S. Vehicle Dependability Study (VDS) conducted by J.D. Power, ranking first among 16 global automoti...

Korean Air signs agreement with L3Harris for airborne control system

Korean Air signs agreement with L3Harris for airborne control system

Korean Air Lines Co. is collaborating with L3Harris International, an American aerospace contractor, to introduce the airborne control system for th...

LG Elec CEO pledges cross-industry design innovation

LG Elec CEO pledges cross-industry design innovation

MILAN, Italy – South Korea’s LG Electronics Inc. will focus on upgrading its home appliance designs to reflect the latest design trends ...

President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach Hanwan Ocean wins $1.4 bn order to build 7 LNG dual-fuel ships K-content reign continues as Squid Game returns in force South Korea’s EV exports rebound in June after 16-month decline Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale