Supply chain
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Food & Beverage
Jollibee to acquire Korea’s Compose Coffee in $340 mn deal
Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’s...
Jul 03, 2024 (Gmt+09:00)
2 Min read -
Supply chain
South Korea to launch $7.6 bn supply chain fund, make urea locally
South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupti...
Dec 11, 2023 (Gmt+09:00)
4 Min read -
Supply chain
South Korea to support urea purchases outside China, boost reserves
The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fer...
Dec 06, 2023 (Gmt+09:00)
3 Min read -
Supply chain
China’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of an...
Dec 04, 2023 (Gmt+09:00)
3 Min read -
Supply chain
POSCO Int'l, NongHyup to team up for feed supply chain
South Korea's POSCO International Corp. announced on Tuesday that it will collaborate with the largest domestic feed company NongHyup Feed to stabili...
Nov 28, 2023 (Gmt+09:00)
1 Min read -
Supply chain
Korea’s heavy dependence on China for raw materials deepens
While the urea crisis in 2021 laid bare South Korea’s heavy dependence on China for basic raw materials, concerns are growing that Korea’...
Sep 12, 2023 (Gmt+09:00)
4 Min read -
Supply chain
Samsung SDS, Emro, US-based o9 Solutions to collaborate on SaaS
South Korea's Samsung SDS Co. announced on Thursday that it has entered into strategic partnerships with o9 Solutions, a leading supply chain platfor...
May 11, 2023 (Gmt+09:00)
1 Min read -
Supply chain
Samsung SDS acquires Korea’s No. 1 procurement SCM company
Samsung SDS Co., the information technology service unit of South Korea's Samsung Group, has acquired a 33.39% stake in Emro Inc., Korea's top suppli...
Mar 15, 2023 (Gmt+09:00)
1 Min read -
Supply chain
S.Korea, Mongolia discuss stabilization of mineral supply chains
The Korea Chamber of Commerce and Industry and Mongolian National Chamber of Commerce and Industry in Seoul on Tuesday held a business forum on area...
Feb 15, 2023 (Gmt+09:00)
1 Min read -
Supply chain
South Korea to double stockpiles of rare-earth minerals
South Korea's Ministry of Trade, Industry and Energy said on Friday it will double the government's stockpiles of rare-earth minerals and halve their...
Dec 30, 2022 (Gmt+09:00)
1 Min read -
Supply chain
KITA sees exponential jump in demand for key minerals within 20 years
Amid the global supply chain crisis and growing trade protectionism by major economies, a study by a major trade body in South Korea says the nation ...
Dec 09, 2022 (Gmt+09:00)
2 Min read -
Supply chain
Korea’s industrial losses balloon to $1.2 bn as truckers continue strike
South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its eighth day on Thursday, disrupti...
Dec 01, 2022 (Gmt+09:00)
2 Min read -
Supply chain
Korean manufacturers’ dependence on China intensifies
South Korean manufacturers are importing even more key industrial raw materials from China, deepening concerns over the dependence of Asia’s fo...
Jul 11, 2022 (Gmt+09:00)
3 Min readlanguage -
Supply chain
Korean truck drivers end strike as govt agrees to extend wage guarantee
South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend minimum wage guarantees,...
Jun 15, 2022 (Gmt+09:00)
1 Min read -
Supply chain
Chemical makers to halt plants as truck driver strike deepens
South Korea’s petrochemical companies are set to halt operations as the work stoppage by unionized truck drivers stretched into an eighth day o...
Jun 14, 2022 (Gmt+09:00)
3 Min read -
Supply chain
Industrial losses balloon as Korean trucker strike enters 7th day
South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disruptin...
Jun 13, 2022 (Gmt+09:00)
3 Min readlanguage -
Supply chain
S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain
South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials needed to manufacture sem...
Jun 09, 2022 (Gmt+09:00)
3 Min readlanguage -
Supply chain
Korea Inc. braces for rising costs, supply chain risks, volatile FX
Hopes for improving corporate earnings are rising as countries around the world are relaxing their anti-COVID-19 measures, but South Korean companies...
Nov 22, 2021 (Gmt+09:00)
4 Min read -
Supply chain
Urea crisis lays bare South Korea’s heavy dependence on China
The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has heav...
Nov 14, 2021 (Gmt+09:00)
4 Min read -
Supply chain
Global supply crisis endangers S.Korea’s manufacturers
A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupti...
Nov 09, 2021 (Gmt+09:00)
4 Min readlanguage -
Supply chain
Korea scrambles to address DEF supply shortage
South Korea is stepping up efforts to secure diesel exhaust fluid (DEF) such as diversification of supply sources as the shortage of the liquid used ...
Nov 08, 2021 (Gmt+09:00)
3 Min readlanguage -
Supply chain
Deepening diesel exhaust fluid crisis puts Korea’s key industries at risk
The diesel exhaust fluid (DEF) shortage in South Korea stemming from China's suspension of urea exports is getting worse, as local DEF inventories ar...
Nov 05, 2021 (Gmt+09:00)
6 Min readlanguage -
Supply chain
Diesel exhaust fluid shortage threatens Korea’s supply chain
A diesel exhaust fluid (DEF) shortage in South Korea is feared to disrupt the supply chain in Asia’s fourth-largest economy. The lack of the li...
Nov 03, 2021 (Gmt+09:00)
2 Min read
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