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Real estateStay disciplined, be more aggressive in 2023: PGIM Real Estate CEO
Investors often lose deals as they are too cautious or wait too long for values to go up to the exact point they expect. However...
Jan 06, 2023 (Gmt+09:00)
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AirlinesPE firm VIG Partners takes over Korean low-cost carrier Eastar
South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset mana...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023Samsung, Harman unveil in-vehicle driver alert system
When a driver feels drowsy and his eyelids start slipping, a red light flickers on his dashboard with a warning sound.That&rsquo...
Jan 06, 2023 (Gmt+09:00)
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RegulationsKorea may fine Aramco-backed Hyundai Oilbank $119 mn over wastewater
South Korea is set to impose a fine of 150.9 billion won ($118.9 million) on Hyundai Oilbank Co., a local refiner backed by Saud...
Jan 06, 2023 (Gmt+09:00)
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Korean gamesCom2uS to release host of new games this year
Com2uS Corps. will release a variety of new game titles this year with the goal of reaching 100 billion won ($78.6 million) in g...
Jan 06, 2023 (Gmt+09:00)
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AirlinesFly Gangwon fails to pay salaries again due to financial woes
Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financia...
Jan 06, 2023 (Gmt+09:00)
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Bio & PharmaPlasmapp, Curexo agree on joint development of surgical robot solutions
South Korea's bioplasma technology firm Plasmapp said on Friday that it signed a memorandum of understanding with Curexo, a dome...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023Muzlive showcases KiT albums of Blackpink, Jason Mraz
LAS VEGAS – South Korean media platform startup Muzlive Inc. showcased KiTs of K-pop girl group Blackpink, singer-songwrit...
Jan 06, 2023 (Gmt+09:00)
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Food & BeverageLotteria launches renewed soybean-based meat burger
Lotteria, South Korea's fast food franchise run by Lotte GRS, launched "Ria Miracle Burger II" with 100% plant-based patties usi...
Jan 06, 2023 (Gmt+09:00)
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Tech, Media & TelecomPoint2 Technology to supply network cable solutions to Amazon
Point2 Technology, which specializes in high-speed communications solutions, said on Wednesday that it has signed a network cabl...
Jan 06, 2023 (Gmt+09:00)
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Korean InvestorsMirae Asset buys logistics center in India for $17 mn
Mirae Asset Global Managements Co. said on Friday that it has invested 21 billion won ($17 million) in a large logistics center ...
Jan 06, 2023 (Gmt+09:00)
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AirlinesAir Busan launches new Busan-Clark flight
Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new l...
Jan 06, 2023 (Gmt+09:00)
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Corporate bondsPOSCO to issue up to $553 million in unsecured bonds
South Korea's top steelmaker POSCO Holdings Inc. is expected to issue won-denominated unsecured bonds worth up to 700 billion wo...
Jan 06, 2023 (Gmt+09:00)
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Business & PoliticsKorean government to finance $625 million for K-content in 2023
South Korean President Yoon Suk-yeol emphasized on Thursday the importance of K-content, saying content will become the most imp...
Jan 06, 2023 (Gmt+09:00)
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Venture capitalSmart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has creat...
Jan 06, 2023 (Gmt+09:00)
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Travel & LeisureMyRealTrip launches overseas lodging booking service
Travel app MyRealTrip said Wednesday that it is launching an overseas hotel booking service that allows users to search, book, a...
Jan 06, 2023 (Gmt+09:00)
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EnergySK Ecoplant to jointly develop renewable energy sources with CSCEC
South Korea's construction engineering company SK Ecoplant Co., Ltd. is going to jointly develop overseas renewable energy sourc...
Jan 06, 2023 (Gmt+09:00)
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EarningsSamsung’s Q4 profit tumbles; cuts 2023 chip profit forecast by half
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit...
Jan 06, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023LG unveils self-driving auto parts, brighter OLED panels
LG Group’s two units have showcased new automotive and display products, which would expand their presence in the autonomo...
Jan 06, 2023 (Gmt+09:00)
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Corporate restructuringKorea’s Daol to sell another unit to secure liquidity
South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a...
Jan 06, 2023 (Gmt+09:00)
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E-commerceGmarket launches overseas hotel search service
Gmarket on Thursday say it will launch a customized search service for hotels abroad.Users can input hotel-related keywords into...
Jan 06, 2023 (Gmt+09:00)
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Korean gamesS.Korea's Smilegate RPG named in 3 categories of Steam game awards
South Korea's video game developer Smilegate RPG (Role-playing Games) on Thursday said its leading massively multiplayer online ...
Jan 06, 2023 (Gmt+09:00)
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Banking & FinanceKEXIM bank issues $3.5 billion in foreign currency bonds
The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The...
Jan 06, 2023 (Gmt+09:00)