Canada No.1 coffee chain
Scope
Date
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Bio & Pharma
SK Bioscience start to deliver Novavax COVID-19 vaccine
South Korea's SK Bioscience Co. announced on Tuesday that it started to deliver the Novavax COVID-19 vaccine against XBB.1.5 variant.According to No...
Dec 12, 2023 (Gmt+09:00)
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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 disrupt...
Dec 11, 2023 (Gmt+09:00)
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Steel
POSCO starts building industrial gas facilities in Pohang
South Korea’s top steelmaker POSCO started to construct an industrial gas production facility with a capacity of 250,000 tons at its seconda...
Dec 05, 2023 (Gmt+09:00)
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Energy
Orsted wins 1.6 GW offshore wind power license from Korea
Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...
Dec 01, 2023 (Gmt+09:00)
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Energy
KHNP eyes Canada's nuclear energy project with ARC, NB Power
Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...
Nov 29, 2023 (Gmt+09:00)
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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 stabil...
Nov 28, 2023 (Gmt+09:00)
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Batteries
Sodium-ion batteries emerge as alternative to lithium, LFP batteries
Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...
Nov 27, 2023 (Gmt+09:00)
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Batteries
L&F to invest $1.9 bn to build key battery materials plants
DAEGU, South Korea – L&F Co., South Korea’s major cathode supplier seeking to transform into a comprehensive battery materials produ...
Nov 27, 2023 (Gmt+09:00)
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Retail
S. Korea’s CU surpasses 500 global stores
South Korean convenience store chain CU announced on Thursday that it surpassed 500 global stores, achieving an annual footfall of 100 million overs...
Nov 23, 2023 (Gmt+09:00)
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Business & Politics
BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen
LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....
Nov 23, 2023 (Gmt+09:00)
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Food & Beverage
Lotte Hotels & Resorts ups ante in kimchi business
South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...
Nov 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung closer to fully connected smart home vision
Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...
Nov 21, 2023 (Gmt+09:00)
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Automobiles
South Korea’s Hankook Tire looks to direct tire sales in Taiwan
Hankook Tire & Technology Co., South Korea’s top tire manufacturer, is launching a local corporation in Taiwan to directly sell tires in t...
Nov 21, 2023 (Gmt+09:00)
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The KED View
Beware political risk, No.1 factor in Korea Discount
Corporate governance and management transparency have long been the big issues influencing the so-called Korea Discount, alongside labor strife and ...
Nov 20, 2023 (Gmt+09:00)
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Batteries
Trafigura to invest in S.Korea’s EV cell materials maker
Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...
Nov 17, 2023 (Gmt+09:00)
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Chemical Industry
SK Geo breaks ground on $1.4 bn plastic recycling cluster
South Korea’s SK Geo Centric Co. on Wednesday broke ground on a waste plastic recycling complex to transform itself into a green petrochemical...
Nov 15, 2023 (Gmt+09:00)
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Electronics
LG Elec’s vehicle systems plants running above full capacity
LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...
Nov 15, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung bags $1 bn via ASML share sale for chip production
Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....
Nov 14, 2023 (Gmt+09:00)
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Economy
S.Korea’s semiconductor exports rebound in 1st 10 days of November
South Korea’s semiconductor exports rose in the first 10 days of November, reversing their 13-month downward trend, data show, raising the pro...
Nov 13, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai breaks ground on $1.5 bn EV plant in S.Korea
ULSAN -- Hyundai Motor Co., the world’s third-largest automaker along with its affiliate Kia Corp., on Monday broke ground for a dedicated ele...
Nov 13, 2023 (Gmt+09:00)
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Asset management
Barings taps John Park as S.Korean asset management head
Barings LLC has appointed Chong Hak (John) Park as head and sole representative director of its South Korean asset management arm, effective Jan. 1,...
Nov 09, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis raises $940 mn via loan for EV parts plants in US
Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, has raised $940 million via an overseas loan to build facilities for its electri...
Nov 08, 2023 (Gmt+09:00)
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Batteries
POSCO Holdings to secure lithium from oil-field brine in Canada
South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...
Nov 08, 2023 (Gmt+09:00)
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Food & Beverage
K-chicken chain BB.Q opens fourth restaurant in Philippines
South Korea’s leading fried chicken franchise BB.Q Chicken announced on Wednesday it opened its fourth restaurant at The Shops in Manila, th...
Nov 08, 2023 (Gmt+09:00)
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Korean stock market
Netmarble sells 6% stake in BTS label HYBE in block deal
South Korea’s leading game developer Netmarble Corp. said on Tuesday it sold a 6% stake in HYBE Co., the music label behind K-pop sensation ...
Nov 07, 2023 (Gmt+09:00)
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Foreign exchange
Won strengthens past 1,300 mark vs dollar on short-sale ban
The South Korean won continued its bull run on Monday, strengthening past the psychologically important barrier of 1,300 level against the dollar fo...
Nov 06, 2023 (Gmt+09:00)
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Aerospace & Defense
KAI participates in Thailand's Defense & Security 2023
Korea Aerospace Industries Ltd. (KAI) announced on Monday it has participated in Defense & Security 2023 exhibition in Bangkok, ThailandThe comp...
Nov 06, 2023 (Gmt+09:00)
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Bio & Pharma
Chong Kun Dang rallies on $1.3 bn deal with Novartis
Chong Kun Dang Pharmaceutical Corp.'s shares zoomed more than 25% on Monday on news that the South Korean medicine developer has signed its biggest-...
Nov 06, 2023 (Gmt+09:00)
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Food & Beverage
South Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...
Nov 03, 2023 (Gmt+09:00)
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Energy
KHNP submits final bid for Czech Republic’s new nuclear power unit
Korea Hydro & Nuclear Power Co. (KHNP) has submitted a final bid to the Czech Republic’s state-run Elektrarna Dukovany II (EDU II) to cons...
Nov 01, 2023 (Gmt+09:00)