Busan City government
Scope
Date
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Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
May 30, 2023 (Gmt+09:00)
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North Korea
S.Korea warns of stern response in case of N.Korea satellite launch
The launch of North Korea's first military reconnaissance satellite has entered a “countdown”. North Korea notified the Japanese governm...
May 29, 2023 (Gmt+09:00)
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Energy
Doosan Group to show hydrogen turbine model in Busan
Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...
May 24, 2023 (Gmt+09:00)
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Automobiles
Renault Korea seeks to establish R&D center in Busan
Renault Korea has announced plans to establish an R&D center in Busan.The Busan city government announced it will sign a "Business Cooperation A...
May 22, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells to unveil soundproof solar module
Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, announced on Wednesday that it will participate in the upcoming "W...
May 17, 2023 (Gmt+09:00)
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Economy
S.Korean growth outlook dims on increased trade deficit
South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...
May 11, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to apply private advanced tech to military weapons in 5 years
South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...
May 11, 2023 (Gmt+09:00)
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ESG bonds
S.Korean green bonds draw strong demand amid ESG fever
South Korean green bonds eligible for government support enjoyed robust demand despite lower yields, as investors upgraded environmental, social, ...
May 08, 2023 (Gmt+09:00)
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Korean SMEs
S.Korea’s Suprema wins order from Saudi Arabia's Neom city project
South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...
May 04, 2023 (Gmt+09:00)
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Airlines
Korean Air showcases special aircraft livery featuring Blackpink
Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on W...
May 03, 2023 (Gmt+09:00)
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Bio & Pharma
Merck to build biopharma raw material plant in Korea
Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...
May 03, 2023 (Gmt+09:00)
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Energy
LS Cable completes undersea HVDC cable plant
South Korea’s major cable manufacturer LS Cable & System Ltd. has completed the construction of Asia's largest high-voltage direct curre...
May 02, 2023 (Gmt+09:00)
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Automobiles
Renault Korea Motors shuts down Busan plant for 10 days
Renault Korea this month will stop operating its Busan plant for about 10 days in a desperate bid to reduce inventory, which has soared due to plumm...
May 02, 2023 (Gmt+09:00)
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Business & Politics
Seoul City’s new slogan, Seoul My Soul
Seoul's new brand slogan to replace "I·SEOUL·YOU" has been confirmed as "Seoul, my soul." The Seoul Metropolitan Government announced ...
Apr 28, 2023 (Gmt+09:00)
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Steel
POSCO to supply steel, lithium byproducts as ceramic materials
South Korea's POSCO Group announced on Friday that it will support the pottery and craft industry by utilizing byproducts generated during the produ...
Apr 28, 2023 (Gmt+09:00)
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Pension funds
Korea’s GEPS to begin investing in global buyout, growth funds
South Korea’s Government Employees Pension Service (GEPS) is set to inject 100 billion won ($74.7 million) to make its first investments in gl...
Apr 28, 2023 (Gmt+09:00)
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Korean startups
S.Korea to support exports of 100 SMEs in metaverse, XR industry
South Korea's Ministry of Science and ICT announced on Thursday that it will support the export of 100 small- and medium-sized enterprises (SMEs) in...
Apr 27, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to offer subsidies to foreigners investing in advanced technologies
Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...
Apr 26, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Airbus plan to open domestic tech research center
South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...
Apr 26, 2023 (Gmt+09:00)
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Economy
S.Korea’s public spending on maternity, child care falls short of OECD average
South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...
Apr 26, 2023 (Gmt+09:00)
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K-pop
BTS Forest created in Seoul by fans' donations
“BTS Forest” has been created in Seoul’s Nanji Hangang Park, South Korea’s largest music streaming service Melon announced o...
Apr 26, 2023 (Gmt+09:00)
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Blockchain
WeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...
Apr 25, 2023 (Gmt+09:00)
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Korean stock market
SocGen dumps Korean stocks, likely due to client margin calls
Société Générale S.A. (SocGen) on Monday dumped South Korean shares sending their prices to daily limit lows, which loca...
Apr 24, 2023 (Gmt+09:00)
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Logistics
iMarket Korea, Taylor city in Texas sign MOU for business agreement
iMarket Korea, South Korean distributor of industrial materials, said on Friday that it has signed a memorandum of understanding (MOU) with th...
Apr 21, 2023 (Gmt+09:00)
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Travel & Leisure
Korea Tourism Organization to host K-Tourist Festival in Japan
The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...
Apr 20, 2023 (Gmt+09:00)
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Korean startups
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
Apr 19, 2023 (Gmt+09:00)
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Energy
S.Korea to dispatch key minerals investigation teams to Chile, Argentina
South Korean government will dispatch a public-private partnership key minerals business survey team to Chile and Argentina to revitalize overseas r...
Apr 17, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea plans to make digital platform gov't based on large-scale AI
South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...
Apr 14, 2023 (Gmt+09:00)
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Steel
POSCO conducts pilot release of rare metal ferrochrome
South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...
Apr 14, 2023 (Gmt+09:00)
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K-pop
HD Hyundai moves K-pop gala to Busan for World Expo bid
South Korea’s HD Hyundai Co. will move an annual K-pop concert to Busan this year to support the city’s bid to host the 2030 World Expo....
Apr 10, 2023 (Gmt+09:00)
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