Center for Social Value Enhancement Studies
Scope
Date
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Construction
S.Korea, Vietnam complete Smart City Cooperation Center in Hanoi
The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the Korea-Vietnam Smart C...
Aug 13, 2024 (Gmt+09:00)
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Carbon neutrality
SK Earthon wins Australian carbon storage exploration rights
SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., will spe...
Aug 08, 2024 (Gmt+09:00)
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Retail
CJ Olive Young establishes new logistics center
South Korean beauty store chain CJ Olive Young said on Thursday that it has established the Olive Young Anseong Logistics Center in Anseong-si, Gyeo...
Aug 08, 2024 (Gmt+09:00)
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Infrastructure
Macquarie buys its 1st Korean data center for $538 mn
Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. ...
Aug 05, 2024 (Gmt+09:00)
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Corporate investment
Samsung invests in US AI security startup Protect AI
Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...
Aug 02, 2024 (Gmt+09:00)
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IPOs
LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value
LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...
Aug 01, 2024 (Gmt+09:00)
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Korean chipmakers
Asicland, FADU to jointly develop eSSD controller
South Korean semiconductor design house Asicland Co. said on Thursday it signed a $19 million contract with the domestic fabless company FADU.Under ...
Aug 01, 2024 (Gmt+09:00)
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Earnings
Woori Financial vows higher shareholder returns, value-up after record Q2
Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...
Jul 26, 2024 (Gmt+09:00)
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Real estate
Seoul prime office deals at 10-year low on rate uncertainty
Prime office transactions in Seoul hit a 10-year low in the second quarter due to delayed fundraising amid uncertainties of the central bank’s...
Jul 24, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility’s gas turbine orders top $720 mn with KOMIPO deal
Doosan Enerbility Co., a leading South Korean power plant engineering company, said on Monday it has clinched a 580 billion won ($418 million) deal ...
Jul 22, 2024 (Gmt+09:00)
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Corporate strategy
Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...
Jul 19, 2024 (Gmt+09:00)
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Leadership & Management
Hanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...
Jul 18, 2024 (Gmt+09:00)
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Mergers & Acquisitions
TeamSparta acquires Weplanet
South Korea's coding education startup TeamSparta Inc. said on Thursday that it acquired the domestic software development firm Weplanet to expand i...
Jul 18, 2024 (Gmt+09:00)
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Electronics
LG Electronics’ new HVAC center in Europe to fight extreme temperatures
LG Electronics Inc., a leading South Korean home appliance maker, said on Monday it has set up a research center in Germany to help develop advanced...
Jul 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lotte Dept. Store introduces AI for internal operations
South Korea's Lotte Department Store announced on Sunday that it will introduce artificial intelligence (AI) across all internal operations, aiming ...
Jul 15, 2024 (Gmt+09:00)
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Corporate strategy
POSCO seeks restructuring for $1.9 bn injection in battery materials
POSCO Holdings Inc. aims to raise its corporate value through an ambitious scheme that entails securing 2.6 trillion won ($1.9 billion) through rest...
Jul 14, 2024 (Gmt+09:00)
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Fashion
North Face supplier Youngone to build R&D center in Bangladesh
Youngone Corp., a South Korean original design manufacturer (ODM) for foreign outdoor brands such as The North Face and Nike, will build an R&D ...
Jul 11, 2024 (Gmt+09:00)
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Insurance
Kyobo Life nurtures 136 startups over 7 years
South Korea's Kyobo Life Insurance Group announced on Thursday that it nurtured 136 impact businesses (Impact-Ups) in seven years to create social v...
Jul 11, 2024 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks wins Seegene DX business contract
South Korea's digital service company CJ OliveNetworks announced on Thursday that it secured a contract to operate IT services for Seegene Inc., a t...
Jul 11, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea's 4by4 to supply AI solution to Cakap
4by4 Inc., a South Korean content AI solution company, announced on Thursday that it signed a supply contract for its image enhancement AI solution ...
Jul 11, 2024 (Gmt+09:00)
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Pension funds
Samsung, SK Hynix lead value increase in Korea NPS' local shares in Q2
The second-quarter rally of Samsung Electronics Co. and SK Hynix Inc. shares drove a value increase in the domestic stock asset held by South Korea&...
Jul 10, 2024 (Gmt+09:00)
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Energy
POSCO International completes Korea’s first non-state-run LNG terminal
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday i...
Jul 09, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Oxford Univ. establish Foresight Center
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Jul 09, 2024 (Gmt+09:00)
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Real estate
Korea’s POBA to invest $109 mn in Koramco’s office REIT
South Korea’s Public Officials Benefit Association (POBA) is set to commit 150 billion won ($108.5 million) in preferred stocks for offices in...
Jul 08, 2024 (Gmt+09:00)
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E-commerce
Korean grocery delivery platform Oasis to buy e-commerce 11Street
South Korean grocery delivery platform Oasis Corp. is poised to acquire the country’s leading e-commerce operator 11Street Co. to ramp up its ...
Jul 03, 2024 (Gmt+09:00)
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Machinery
DN Solutions to build plant, R&D center in India
DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and rese...
Jul 03, 2024 (Gmt+09:00)
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Energy
LG Uplus builds 1,000 kW solar power facility in Daejeon
South Korea's LG Uplus Corp. established a solar power facility to achieve carbon neutrality by 2050. LG Uplus announced on Sunday that it installe...
Jul 01, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group, the world’s third-largest carmaker, is set to establish a software research center in Silicon Valley as software is becom...
Jul 01, 2024 (Gmt+09:00)
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Energy
Hanwha, Taihan to spur global sales of extra-high voltage cables
Hanwha Solutions Corp., the chemical and renewable energy unit of South Korea’s No. 7 conglomerate Hanwha Group, and Taihan Cable & Soluti...
Jun 27, 2024 (Gmt+09:00)
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Bio & Pharma
Daewoong, Indonesia's IPB to co-research on primate
South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it signed a contract with Indonesia's Bogor Agricultural University (Institut P...
Jun 27, 2024 (Gmt+09:00)
Latest News
- 1 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 2 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 3 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 4 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 5 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs