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Leadership & ManagementCatering firm Ourhome CEO wins 1st round in sibling feud
South Korea’s catering firm Ourhome Ltd. has wrapped up the first round of its sibling dispute after its shareholders on T...
Apr 04, 2023 (Gmt+09:00)
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Bio & PharmaManagement dispute over S.Korea’s CTC Bio heats up
A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as anoth...
Apr 04, 2023 (Gmt+09:00)
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Tech, Media & TelecomS.Korea to focus on secondary batteries, lunar landing vehicles
The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and ...
Apr 04, 2023 (Gmt+09:00)
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BatteriesLS Electric wins order $94 mn for energy storage system in UK
LS Electric Co. announced on Tuesday that it has secured a contract for a £73.6 million ($93.5 million) energy storage sys...
Apr 04, 2023 (Gmt+09:00)
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EnergyS.Korea to support nuclear power SMEs
South Korea's the ministry of SMEs and Startups will invest 675 billion won ($513 million) by 2027 to revive small- and middle-s...
Apr 04, 2023 (Gmt+09:00)
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Tech, Media & TelecomForeigners can enter S.Korean casino without physical passport
Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport ...
Apr 04, 2023 (Gmt+09:00)
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AutomobilesS.Korea to invest $24 mn in fostering future car industry workforce
South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologie...
Apr 04, 2023 (Gmt+09:00)
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Aerospace & DefenseETRI’s drone communication tech is selected as international standards
South Korean researchers have developed international standards for drone communication, solving the problem of drones being una...
Apr 04, 2023 (Gmt+09:00)
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Bio & PharmaLG Chem to launch new diabetes combination drug Zemidapa
South Korean chemical company LG Chem Ltd. has announced the release of a new diabetes combination drug, Zemidapa Tab, set to ...
Apr 04, 2023 (Gmt+09:00)
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AutomobilesHyundai’s Chung urges US operations to double down after record Q1
Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyun...
Apr 04, 2023 (Gmt+09:00)
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Bio & PharmaLunit’s AI analysis solution client companies exceed 2,000
South Korean medical AI company Lunit announced on Tuesday that more than 2,000 medical institutions worldwide have adopted its ...
Apr 04, 2023 (Gmt+09:00)
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Food & BeverageMaeil cracks China’s alternative milk market with Starbucks deal
South Korea’s Maeil Dairies Co. has jumped into China’s alternative milk market, worth $17 billion in 2022, by suppl...
Apr 04, 2023 (Gmt+09:00)
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ElectronicsSamsung Elec to invest $3.1 bn in S.Korean OLED plant
Samsung Electronics Co., the world’s largest smartphone maker, is set to spend 4.1 trillion won ($3.1 billion) on a new or...
Apr 04, 2023 (Gmt+09:00)
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ElectronicsSamsung Electronics expands B2B online store to Germany
Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (S...
Apr 04, 2023 (Gmt+09:00)
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Food & BeverageMom's Touch signs franchise agreement with Mongolian firm
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it has signed a master franchise...
Apr 04, 2023 (Gmt+09:00)
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Korean startupsTIMWORK lifts trophy at March D.Camp startup pitch competition
TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March st...
Apr 04, 2023 (Gmt+09:00)
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Shipping & ShipbuildingDaewoo Shipbuilding, GE Power Conversion to develop smart ship tech
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding wi...
Apr 04, 2023 (Gmt+09:00)
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The KED ViewTime for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to...
Apr 04, 2023 (Gmt+09:00)
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Shareholder activismKCGI’s ascent to intensify family feud over DB control; DB stocks rally
A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund K...
Apr 04, 2023 (Gmt+09:00)
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Korean gamesRule prevents release of sequel to hit game Modoo Marble in S.Korea
The sequel to the popular real estate board game Modoo Marble is unavailable in South Korea because of the country's ban on play...
Apr 04, 2023 (Gmt+09:00)
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Shipping & ShipbuildingHanwha's takeover of DSME likely to get conditional approval
South Korea's Fair Trade Commission (FTC) on Monday said it is discussing corrective measures with Hanwha Group over fears that ...
Apr 04, 2023 (Gmt+09:00)
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K-popBTS' Jimin tops US Billboard singles chart with 1st solo release
Jimin of K-pop sensation BTS is the first South Korean solo act to hit No. 1 on Billboard's main singles chart Hot 100.The Ameri...
Apr 04, 2023 (Gmt+09:00)