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Real estateDWS taps Steven Kim as APAC real estate asset management head
German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven ...
Dec 05, 2022 (Gmt+09:00)
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Korean foodKimchi exports to US reach record high of $27 million so far this year
Exports of kimchi to the United States increased steadily to reach a record high of $26.7 million worth of the fermented dish be...
Dec 05, 2022 (Gmt+09:00)
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BatteriesPOSCO wins $689 mn battery material deal with GM-LG joint venture
POSCO Chemical Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Dec. 5 that it has signed a $688.6 million d...
Dec 05, 2022 (Gmt+09:00)
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Executive reshufflesSamsung Elec names first female president under Chairman Jay Y. Lee
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive resh...
Dec 05, 2022 (Gmt+09:00)
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Korean startupsKorean restaurant startup GFFG raises $23 million in Series A round
South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 milli...
Dec 05, 2022 (Gmt+09:00)
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EnergySK Gas achieves milestone of zero accidents for 28 consecutive years
SK Gas said on Monday that its liquefied petroleum gas (LPG) import terminal in Pyeongtaek had achieved a record of no accidents...
Dec 05, 2022 (Gmt+09:00)
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AutomobilesHyundai Mobis to unveil new future mobility technologies at CES 2023
Korea's largest auto parts supplier Hyundai Mobis will take part in CES 2023, the world's largest info tech exhibition, to sho...
Dec 05, 2022 (Gmt+09:00)
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Asset managementMispriced risk in EU, UK real estate brings appealing opportunities: Abrdn
European real estate prices are adjusting, creating mispriced risk amid current market turbulence. This brings attractive opport...
Dec 05, 2022 (Gmt+09:00)
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Business & PoliticsKT&G completes elementary school in Laos with employee donations
KT&G, South Korea's dominant tobacco company, announced on Monday that along with South Korea's non-profit organizatio...
Dec 05, 2022 (Gmt+09:00)
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Mergers & AcquisitionsHahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the indus...
Dec 05, 2022 (Gmt+09:00)
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Food & BeverageCJ CheilJedang launches new Bibigo kimchi in Europe
Korea's leading food processing company CJ CheilJedang said on Monday that it has launched Bibigo sliced kimchi for export in Eu...
Dec 05, 2022 (Gmt+09:00)
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AutomobilesImported auto sales jump 50% in November
The Korea Automobile Importers & Distributors Association (KAIDA) announced on Monday that along with the easing of a supply...
Dec 05, 2022 (Gmt+09:00)
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BlockchainBlockchain co. Reality Reflection's board to discuss mangement reshuffle
The South Korean blockchain ecosystem is facing a string of management disputes, hit by worsening conditions of the global crypt...
Dec 05, 2022 (Gmt+09:00)
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CompaniesLS Mtron supplys tractors to world's No. 2 agricultural machinery firm
LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 ...
Dec 05, 2022 (Gmt+09:00)
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AirlinesKorean LCCs resume flights to Taipei after nearly 3 years
As domestic budget carriers begin opening or resuming flights to Taipei, the skyways between Korea and Taiwan have widened furth...
Dec 05, 2022 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom wins global awards for innovative virtualization technology
SK Telecom, a leading South Korean 5G services provider, announced on Sunday that it won two global awards: Global Telecom Award...
Dec 05, 2022 (Gmt+09:00)
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Capital raisingNearly half of Korean firms plan no domestic investment next year
Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea'...
Dec 05, 2022 (Gmt+09:00)
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Food & BeverageKorea's agro-food exports set record of $8 billion in 11 months this year
Korea's exports of agricultural and food products in the first 11 months of this year hit a record high.The Ministry of Agricult...
Dec 05, 2022 (Gmt+09:00)
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PetrochemicalsLG Chem unveils eco-friendly bioplastic, supplies to US toy firm Mattel
LG Chem Ltd., South Korea’s largest chemicals maker, has unveiled a new eco-friendly high-performance bioplastic and suppl...
Dec 05, 2022 (Gmt+09:00)
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Culture & TrendsVANK launches campaign to promote Korea in Vietnamese
The Voluntary Agency Network of Korea (or VANK), an online public diplomatic mission, said on Saturday that it has opened a Viet...
Dec 05, 2022 (Gmt+09:00)
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AutomobilesFuture transport center to make UAM, autonomous vehicle transfer easy
The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it wo...
Dec 05, 2022 (Gmt+09:00)
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Foreign exchangeKorea's foreign exchange reserves last month see first rise in 4 months
Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback ...
Dec 05, 2022 (Gmt+09:00)
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Korean SMEsEmployment, labor regulations most burdensome for small businesses
More than four out of ten small- and medium-sized enterprises (SMEs) have experienced difficulties due to regulations and cited ...
Dec 05, 2022 (Gmt+09:00)
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Memo from Howard MarksWhat Really Matters?
I’ve gathered a few ideas from several of my memos this year – plus some recent musings and conversations &ndash...
Dec 05, 2022 (Gmt+09:00)