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Bio & PharmaNanodrug maker CEO calls on Yoon government for deregulation
South Korean startups won four out of the 23 Best of Innovation awards at CES 2023, the world’s largest tech show last mon...
Feb 03, 2023 (Gmt+09:00)
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Artificial intelligenceOnline portal Naver to release AI-powered search chatbot in H1
South Korean online portal giant Naver Corp. is set to launch a beta version of Search GPT, an artificial intelligence-powered s...
Feb 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomNCSOFT lays off 20% of US operation before new game release
NCSOFT Corp., South Korea’s major game developing and publishing company, has recently laid off about 20% of its North Ame...
Feb 03, 2023 (Gmt+09:00)
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Cloud computingNHN Dooray, HandySoft join forces to develop advanced collaboration tools
NHN Dooray, a provider of online collaboration tools, has signed a memorandum of understanding (MOU) with HandySoft, Inc., South...
Feb 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korea's NIA to extend IT cooperation project with Kazakhstan
South Korea's state-run research institute National Information Society Agency (NIA) said on Friday that it had signed an agreem...
Feb 03, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong Pharma's botulinum toxin Nabota proves long-lasting effect
Daewoong Pharmaceutical said on Friday that a high-dose administration of botulinum toxin Nabota (US brand name: Jeuveau) to pat...
Feb 03, 2023 (Gmt+09:00)
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ESGSK Bioscience climbs two notches in ESG evaluation, receives BBB rating
SK Bioscience Co., a biopharmaceutical arm of South Korea's SK Group, announced it has received a BBB rating in its latest envir...
Feb 03, 2023 (Gmt+09:00)
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Mergers & AcquisitionsMBK to buy Japanese nursing home and care service for $300 mn
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company ...
Feb 03, 2023 (Gmt+09:00)
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MachineryDoosan Bobcat moves into European market with compact tractors
Doosan Bobcat's small tractors for agriculture and landscaping will enter the European market. After entering America's ground m...
Feb 03, 2023 (Gmt+09:00)
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EarningsLG Uplus narrows operating profit gap with bigger rivals in 2022
LG Uplus Corp., South Korea’s third-largest mobile carrier, reported more than 1 trillion won ($814.2 million) in operatin...
Feb 03, 2023 (Gmt+09:00)
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Tech, Media & TelecomLG Uplus, LS Electric partner to support S.Korea's small businesses
LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS ...
Feb 03, 2023 (Gmt+09:00)
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Korean stock marketKorea Shipbuilding & Offshore Engineering ends fears over stock overhang
Korea Shipbuilding & Offshore Engineering (KSOE), a subholding company for shipbuilding, oil refining and machinery conglome...
Feb 03, 2023 (Gmt+09:00)
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Bio & PharmaPrestige Biopharma submits clinical trial plan in Australia
Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, has applied to ...
Feb 03, 2023 (Gmt+09:00)
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Business & PoliticsKorea’s new EV subsidy plan favors Hyundai over Tesla, other imports
South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over impor...
Feb 03, 2023 (Gmt+09:00)
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EarningsMeritz Securities poised to become Korea’s No. 1 for first time
Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after ea...
Feb 03, 2023 (Gmt+09:00)
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Aerospace & DefenseHyundai Doosan Infracore bags $256 mn Turkey defense deal
Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal...
Feb 03, 2023 (Gmt+09:00)
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EnergyS.Korea's science minister calls small modular reactors 'game changers'
Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), w...
Feb 03, 2023 (Gmt+09:00)
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AirlinesKAL introduces self-service bag drop for domestic flights
South Korea's flagship carrier Korean Air Lines Co. is the first airline in the country to adopt self-service bag drop on domest...
Feb 03, 2023 (Gmt+09:00)
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AirlinesJeju Air to resume flights on Incheon-Shizuoka route in March
Jeju Air Co., a South Korean budget airline, said on Thursday that it would resume its flights connecting Incheon with two small...
Feb 03, 2023 (Gmt+09:00)
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Carbon neutralitySK Ecoplant passes industry-first carbon reduction target verification
South Korea's construction and engineering company SK Ecoplant Co. said on Thursday that it has passed the greenhouse gas reduct...
Feb 03, 2023 (Gmt+09:00)
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IPOsS.Korea's online K Bank withdraws plan for Kospi listing
South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate va...
Feb 03, 2023 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy Industries adopts integrated monitoring system
In a first for shipbuilding, South Korea's Samsung Heavy Industries has developed a system to confirm all data generated in the ...
Feb 03, 2023 (Gmt+09:00)
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Mergers & AcquisitionsMBK, Unison to expand Osstem Implant's target reach beyond China
South Korean private equity firm Unison Capital Korea is set to focus on boosting the corporate value of Osstem Implant Co., onc...
Feb 03, 2023 (Gmt+09:00)