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RetailLotte to open shops within Singapore NTUC FairPrice outlets
Lotte Mart and Lotte Super will launch stores within the outlets of NTUC FairPrice, Singapore’s largest supermarket chain,...
Aug 28, 2024 (Gmt+09:00)
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ESGS.Korean companies fret over Scope 3 disclosure rule
Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate compani...
Aug 28, 2024 (Gmt+09:00)
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AutomobilesHyundai zeroes in on hybrid cars, longer-range EVs
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a pr...
Aug 28, 2024 (Gmt+09:00)
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Tech, Media & TelecomOne Store vows to crack Apple, Google-led app market with localization
One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by...
Aug 28, 2024 (Gmt+09:00)
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Mergers & AcquisitionsWoori signs $1.16 bn deal to acquire Tongyang, ABL Life from China’s Dajia
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a de...
Aug 28, 2024 (Gmt+09:00)
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AutomobilesLG Innotek ups automotive electronics patents for future mobility
South Korea’s electronics parts maker LG Innotek Co. actively increased patents related to its new growth driver automotiv...
Aug 28, 2024 (Gmt+09:00)
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Artificial intelligence4by4, SGO to cooperate on video solution development
4by4 Inc., a South Korean content AI solution company, said on Wednesday that t it signed a basic agreement with the global vide...
Aug 28, 2024 (Gmt+09:00)
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ConstructionSGC E&C wins $366 mn chemical plant project in Saudi Arabia
SGC Engineering & Construction (E&C), a company specializing in engineering, procurement and construction (EPC), said on...
Aug 28, 2024 (Gmt+09:00)
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Banking & FinanceIGIS, Naver Labs to develop tech convergence space platform
South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six comp...
Aug 28, 2024 (Gmt+09:00)
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Central bankBank of Korea holds rate steady, signals pivot to easing soon
South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled...
Aug 28, 2024 (Gmt+09:00)
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BatteriesSamsung SDI, GM to build $3.5 bn EV battery plant in US
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3....
Aug 28, 2024 (Gmt+09:00)
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Beauty & CosmeticsAPR, TJX to co-work for Medicube products sale in N.Amerca
South Korea's cosmetic and clothing company APR said on Wednesday it signed a supply contract with TJX Companies, the North Amer...
Aug 28, 2024 (Gmt+09:00)
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ElectronicsSamsung unveils new AI-enhanced side by side refrigerator
Samsung Electronics Co. said on Wednesday that it launched a new side-by-side refrigerator, featuring enhanced artificial intell...
Aug 28, 2024 (Gmt+09:00)
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Tech, Media & TelecomLG CNS, Seoul National Univ. to establish DX talent program
South Korea's LG CNS Co. signed an agreement with Seoul National University's Department of Industrial Engineering on Tuesday to...
Aug 28, 2024 (Gmt+09:00)
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Food & BeverageAshley Queens’ success story: Premium dining, but at affordable prices
Korean food, or K-food, is popular around the world. And it’s almost become a rite of passage for foreigners who come to S...
Aug 28, 2024 (Gmt+09:00)