CBD Seoul
Scope
Date
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Private equity
EQT sees huge potential in security services for S.Korean SMEs
The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...
Mar 16, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils flagship EV9 design; world premiere in March
Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...
Mar 15, 2023 (Gmt+09:00)
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Advertising & Marketing
S.Korea to host Asia's largest advertising festival for 1st time since 2007
Seoul in October will host Asia's largest advertising festival AdAsia. The organizers of this year's event aim to host more than just a conference a...
Mar 15, 2023 (Gmt+09:00)
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Automobiles
Governor of Louisiana visits Kumho Tire HQ in Seoul
South Korea's leading tire manufacturer Kumho Tire Co., Inc. announced on Monday that Louisiana Governor John Bel Edwards visited its headquarters i...
Mar 14, 2023 (Gmt+09:00)
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Electric vehicles
SK Networks renames its EV charger unit to SK Electlink
SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, said on Monday that it has changed t...
Mar 13, 2023 (Gmt+09:00)
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Real estate
Number of commercial building transactions in Seoul hits all-time low
The number of commercial and office building transactions in Seoul hit an all-time low in January.Realty Planet, a big data-based commercial real es...
Mar 09, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul to build world’s 2nd-largest Ferris wheel in 2027
South Korea’s capital city Seoul will build the world’s second-largest Ferris wheel, the Seoul Ring, on a former landfill site by the en...
Mar 08, 2023 (Gmt+09:00)
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Robotics
Korea's SK Telecom jointly develops AI patrol robots
SK Telecom Co., along with its partner firms, will develop artificial intelligence (AI) robots that will replace security guards patrolling around s...
Mar 07, 2023 (Gmt+09:00)
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Food & Beverage
US burger giant Five Guys set for June S.Korea debut
Five Guys, one of the top three burger brands in the US, will open in June its first branch in South Korea in Seoul’s posh Gangnam District. W...
Mar 07, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE wins 2nd battle against Kakao over SM Entertainment
A South Korean court on Friday ruled in favor of SM Entertainment Co. Founder and former Chief Producer Lee Soo-man to block the company from sellin...
Mar 03, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to show off total smart factory solutions at trade show
LG Uplus Corp., a mobile telecom service carrier in South Korea, announced on Tuesday that it would present a complete set of smart factory solution...
Feb 28, 2023 (Gmt+09:00)
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Hydrogen economy
Hyundai Heavy to develop core technology for seawater electrolysis system
Hyundai Heavy Industries Co. signed a business agreement for jointly developing seawater electrolysis system core technology at the Korea Institute ...
Feb 22, 2023 (Gmt+09:00)
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Logistics
CJ Logistics opens office in Poland to beef up European business
CJ Logistics said on Tuesday that it has opened an office in Wroclaw, Poland’s largest industrial city located in the southwest, as part of th...
Feb 21, 2023 (Gmt+09:00)
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Construction & Planning
10 villages featuring traditional Korean architecture to be built in Seoul
The Seoul Metropolitan Government is pursuing a "fusion Hanok" project of building 10 Hanok (traditional Korean architecture) villages in the capita...
Feb 15, 2023 (Gmt+09:00)
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Korean startups
Seoul to run $3.9 billion fund for startups over 4 years
The local government of South Korea’s capital city Seoul this year will launch its own vision fund, dubbed the Seoul Vision 2030 Fund, to inve...
Feb 09, 2023 (Gmt+09:00)
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Asset management
NYLIM taps Sungyun Hong as head of Seoul office
New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...
Feb 02, 2023 (Gmt+09:00)
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Real estate
Bluecove buys Grand Hyatt Seoul for over $565 million
South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...
Jan 31, 2023 (Gmt+09:00)
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Batteries
LG Energy partners with Seoul Nat'l Univ. for battery technology
South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...
Jan 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea internet data center construction faces health issue
South Korea’s information technology industry hit a snag with building new internet data centers (IDCs) due to controversies over the potentia...
Jan 17, 2023 (Gmt+09:00)
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North Korea
South Korea Revives Nuclear Debate as Tensions With the North Rise
SEOUL—Rising tensions on the Korean Peninsula and Pyongyang’s spree of weapons tests are fueling a debate in South Korea over the deploy...
Jan 16, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea to extend trading hours of local forex market
South Korea will extend the trading hours for the local foreign exchange market to attract overseas investors and improve the trading system so that...
Jan 13, 2023 (Gmt+09:00)
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Korean startups
Major startup event Slush to hold spin-off meeting in Korea
Slush, one of the world’s largest startup events, is set to hold a spin-off meeting in South Korea this year.Slush is a startup and tech event...
Jan 12, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax shows off advanced beauty tech at CES with Seoul Nat'l Univ.
Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...
Jan 10, 2023 (Gmt+09:00)
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Energy
Seoul in talks to share nuclear plant export profits with Westinghouse
Korea Hydro & Nuclear Power Co. and its parent company Korea Electric Power Corp. are in discussion with Westinghouse Electric Corp. to share pr...
Jan 09, 2023 (Gmt+09:00)
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Economy
Seoul ranks 7th in city competitiveness assessed by Japanese Institute
Seoul's urban competitiveness rebounded after five years, ranking seventh in the world. It was due to the fact that the ranking of the economy categ...
Jan 09, 2023 (Gmt+09:00)
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Real estate
Hotels in top Seoul tourist area on sale due to rate hikes
South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...
Jan 04, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
Seoul Viosys receives CES Display Innovation Award
Seoul Viosys Co. said on Tuesday that it received the Innovation Award in the display category for a component called "WICOP pixel" at CES 2023, the...
Jan 03, 2023 (Gmt+09:00)
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Real estate
Hilton Seoul to close business for redevelopment project
Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...
Dec 30, 2022 (Gmt+09:00)
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Waste management
SuperBin completes plastic recycling factory in Seoul suburb
SuperBin, a South Korean startup reshaping the waste recycling ecosystem using Fourth Industrial Revolution technologies, on Thursday said it had co...
Dec 30, 2022 (Gmt+09:00)
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Real estate
Commercial building transactions plummet to 2008 financial crisis level
In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...
Dec 22, 2022 (Gmt+09:00)
Latest News
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- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand