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Mergers & AcquisitionsBain Capital, Lotte Chem. among shortlisted bidders for Iljin
A US private equity firm Bain Capital and South Korea’s major petrochemical manufacturer Lotte Chemical Corp. were among t...
Jul 13, 2022 (Gmt+09:00)
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Corporate strategyHyundai Elevator aims to more than double sales by 2030
CHUNGJU, North Chungcheong Province -- Hyundai Elevator Co., South Korea’s top elevator maker, aims to more than double it...
Jul 13, 2022 (Gmt+09:00)
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Corporate investmentLG Innotek dwarfs Korean rivals with hefty investment plan
LG Innotek Co., a major supplier of camera modules for Apple iPhones, is the only South Korean company to announce a billion-dol...
Jul 13, 2022 (Gmt+09:00)
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Construction & PlanningSamsung Engineering wins $680 mn gas plant project in Malaysia
Samsung Engineering Co. has won a $680 million gas plant construction order in Malaysia from UK-headquartered energy giant Shell...
Jul 13, 2022 (Gmt+09:00)
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Bio & PharmaOrion enters China’s vaccine market with tuberculosis plant in Jining
Orion Holdings Corp., one of South Korea’s largest confectionery companies, said on Wednesday it will build a vaccine plan...
Jul 13, 2022 (Gmt+09:00)
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Korean startupsSouth Korean startups team up with convenience stores for drone delivery
South Korean convenient stores are ramping up competition in the business of drone delivery. The initial target regions inc...
Jul 13, 2022 (Gmt+09:00)
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EnergyKorea's top refiners likely to see strong 2022 despite tax concerns
South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global...
Jul 13, 2022 (Gmt+09:00)
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Mergers & AcquisitionsCJ’s TVing, KT’s Seezn set for merger to challenge OTT leader Netflix
South Korean entertainment powerhouse CJ ENM Co.'s over-the-top streaming platform TVing is set to merge with its local riv...
Jul 13, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKeppel to buy waste disposal firm in its largest Korean deal
Singapore-based Keppel Infrastructure appears set to buy South Korea’s leading waste management and recycling company EMK ...
Jul 13, 2022 (Gmt+09:00)
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K-popDisney+ to run two BTS shows in HYBE's 1st global content collaboration
HYBE Co., the K-pop label best known for BTS, signed an agreement with Walt Disney Company in its first collaboration with an in...
Jul 13, 2022 (Gmt+09:00)
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Central bankBOK delivers first-ever 50-bp hike to curb inflation
South Korea’s central bank on Wednesday took the most aggressive measure with a 50-basis-point policy interest rate hike f...
Jul 13, 2022 (Gmt+09:00)