Organic food chain Chorocmaeul up for sale amid liquidity woes
Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...
World Vision becomes 1st Korean corporate entity to trade crypto
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
Hyundai Rotem inks $1.5 bn Morocco train supply deal
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...
HD Hyundai eyes foray into US navy ship repair market in June
HD Hyundai Heavy Industries Co., the world’s largest shipbuilder, is seeking to launch maintenance, repair and overhaul (MRO) services for the...
S-1 releases CCTV monitoring service
South Korea's security service provider S-1 Corp. said on Monday it launched CCTV Monitoring Service, a system designed to notify customers of any r...
Mediaiplus aims to be the Amazon of clinical trials
Mediaiplus Inc., South Korea’s only provider of data analytics and contract research organization (CRO) matching services for clinical trials,...
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined it...
Hanwha Galleria acquires beverage manufacturer Pure Plus
South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...
Korail to join Manila railway maintenance project
South Korea's state-run railway company Korea Railroad Corporation (Korail) said on Monday that it participates in the operation and maintenance (O&...
SK Networks' automotive division launches as SK SpeedMate
South Korea's SK Networks Co. completed a split-off of its automotive maintenance division, which has now launched as a new company named SK Speed...
Hanjin to provide logistics services for S.Korean SMEs in Vietnam
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...
Doosan Fuel Cell wins $73 mn hydrogen fuel cell contract
South Korea's Doosan Fuel Cell has secured a 100 billion won ($72.93 million) contract for the maintenance of hydrogen fuel cells, the company said ...
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...
HD Hyundai Marine Solution wins $60 mn ship maintenance contract
HD Hyundai Marine Solution Co., HD Hyundai’s marine industry comprehensive solution company, signed its largest long-term maintenance contract...
KOMIPO wins Indonesia turbine maintenance project
Korea Midland Power Co. (KOMIPO) announced on Tuesday that a consortium consisting of its Indonesian subsidiary, KOMIPO Energy Indonesia (KEI), an...
Lotte to halve basic chemicals in portfolio for profitability
South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...
SK Innovation looks to merge with SK E&S for organic growth
SK Innovation Co., the parent of South Korea’s largest oil refiner SK Energy Co. and battery maker SK On Co., is looking to merge with energy ...
BNK Capital opens microfinance organization in Uzbekistan
South Korea’s BNK Capital announced on Friday that it established a microfinance organization in Uzbekistan the previous day.Since entering Ca...
Hanwha Ocean ties up with Polish firm for submarine deal
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...
LG named UK’s best home entertainment brand for five years
LG Electronics Inc. announced on Wednesday that it has been named Home Entertainment Brand of the Year at the "Which? Awards," hosted by the UK non-...
KCCI to support Korean companies expanding into US
The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA) to address th...
Hyundai Motor workers at Alabama plant may move to join UAW
South Korea’s top automaker Hyundai Motor Co. may see labor challenges at its plant in Montgomery, Alabama as its US manufacturing workers are...
Kakao Entertainment seeks restructuring, closer ties with Piccoma
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and ...
Chanel to open after-sales service center in Seoul
French luxury label Chanel is planning to open a dedicated after-sales service center in South Korea, one of the world’s largest markets for h...
HD Hyundai Marine Solution aims for top spot in global ship repair market
When the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a ...
Samsung gets AWS platinum certification for water stewardship
Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...
Craft beer maker Jeju Beer sells stake to car repair company
South Korea’s leading craft beer maker Jeju Beer Co. has sold a controlling stake owned by its founder and family to a small domestic car main...
Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster
Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...
Lotte Chemical builds AI organizations
South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...
Shareholder activism at the cost of facility investments
South Korea’s large business groups are in emergency mode to brace for proxy fights with activist funds at annual general meetings (AGMs) next...
