Korea South East Power
Scope
Date
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Energy
Taihan Cable completes 1st optical cable plant in Kuwait
Taihan Cable & Solution Co. said on Tuesday it has completed the first fiber optic cable factory in Kuwait, in a joint project with Rank General...
Sep 10, 2024 (Gmt+09:00)
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Energy
KEPCO, Burns & McDonnell to cooperate on power grid projects
Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, said on Tuesday that it signed a cooperation agreement for the joint...
Sep 10, 2024 (Gmt+09:00)
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Korean games
NCSOFT distributes four Sony game titles in S.Korea
South Korea’s gaming giant NCSOFT Corp. will distribute four popular titles in South Korea through a partnership with Sony Interactive Enterta...
Sep 10, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s AI, robot startups shine despite funding drought
South Korea’s artificial intelligence and robotics startups raised more money through seed rounds than other sectors in August although invest...
Sep 10, 2024 (Gmt+09:00)
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Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet...
Sep 09, 2024 (Gmt+09:00)
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Korean games
No Korean firms make it onto Korea’s top five mobile games list
No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...
Sep 06, 2024 (Gmt+09:00)
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Logistics
Hanjin, China's AWOT set up e-commerce logistics JV
Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...
Sep 06, 2024 (Gmt+09:00)
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Construction
HD Hyundai establishes customization plant in Georgia, US
South Korea's HD Hyundai XiteSolution said on Friday that its construction equipment affiliates HD Hyundai Construction Equipment Co. and HD Hyundai...
Sep 06, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution's AVEL opens ESS power plant in Jeju
South Korea's LG Energy Solution Ltd. said on Friday that its company in company (CIC) AVEL has launched South Korea’s first distribution grid...
Sep 06, 2024 (Gmt+09:00)
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IPOs
Korea’s Gordon Ramsay accelerates moves for $63 mn IPO
TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has accelerated its moves for an...
Sep 06, 2024 (Gmt+09:00)
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Healthcare
Hyundai Department to triple healthcare sales by 2030 with Nestle
Hyundai Department Store Group, a South Korean conglomerate controlling retail, fashion, healthcare and lifestyle businesses, aims to triple its hea...
Sep 06, 2024 (Gmt+09:00)
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Pension funds
S.Korea's NPS opens fourth overseas office in Silicon Valley
South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...
Sep 06, 2024 (Gmt+09:00)
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Economy
Korea’s credit loans balloon as regulators cap mortgages
Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...
Sep 05, 2024 (Gmt+09:00)
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Tech, Media & Telecom
South Korean developers fret over inflow of Indian talent
South Korea is opening its doors wide to Indian developers, causing some concerns that the inflow of highly talented software developers from the So...
Sep 05, 2024 (Gmt+09:00)
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Electric vehicles
Mercedes-Benz EV sales tumble in South Korea after fire
German luxury carmaker Mercedes-Benz AG suffered a nosedive in EV sales in South Korea in August after a fire broke out in one of its electric vehic...
Sep 05, 2024 (Gmt+09:00)
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Economy
S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations
South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...
Sep 05, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to launch two India-focused ETFs
Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...
Sep 05, 2024 (Gmt+09:00)
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Food & Beverage
Samyang to cement lead in South Korean allulose market
Samyang Corp., a 100-year-old South Korean chemical and food ingredient-manufacturer, is poised to cement its leadership in the Korean allulose mark...
Sep 04, 2024 (Gmt+09:00)
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Automobiles
Hyundai Transys tops JD Power's car seat quality evaluation
South Korea's Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, said on Wednesday that it ranked first for the first time in the...
Sep 04, 2024 (Gmt+09:00)
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Korean startups
LVMH, OpenAI, LG deepen ties with S. Korean startups
South Korean startups and established corporations are seeking to deepen their partnerships to ensure win-win outcomes, by tapping into funds and ot...
Sep 04, 2024 (Gmt+09:00)
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Central bank
August inflation puts BOK under fire for delayed pivot
South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...
Sep 04, 2024 (Gmt+09:00)
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Electronics
LG Elec unveils gram laptop featuring Intel Series 2
LG Electronics Inc. unveiled its latest LG gram laptop on Wednesday, powered by Intel's new Intel Core Ultra processor (Series 2) during an ...
Sep 04, 2024 (Gmt+09:00)
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Economy
South Korea’s exports grow for 11th straight month
South Korea’s exports expanded for an 11th straight month in August on solid demand for semiconductors, smartphones and other goods overseas.E...
Sep 04, 2024 (Gmt+09:00)
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Food & Beverage
Goldman Sachs to sell stake in Korea’s top food ingredient wholesaler
Goldman Sachs is set to sell its stake in South Korea’s leading food ingredient wholesaler in an estimated 120 billion won ($89.4 million) dea...
Sep 03, 2024 (Gmt+09:00)
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Retail
S.Korean travel retailers face downturn without Chinese big spenders
Before COVID-19 swept the world, South Korea’s top two travel retailers Lotte Duty Free and Shilla Duty Free Shop ascended to the world’...
Sep 03, 2024 (Gmt+09:00)
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Construction
Shinsung E&G to supply 12MW solar modules to Ssangyong E&C
South Korean company Shinsung E&G said on Monday that it signed a contract to supply Ssangyong E&C with 12MW of solar modules. This marks ...
Sep 03, 2024 (Gmt+09:00)
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Korean food
South Koreans puzzled over rising seaweed prices despite bumper crop
Dried seaweed prices are rising at a fast pace despite handsome growth in production, leaving South Koreans puzzled over what is behind the steep pr...
Sep 02, 2024 (Gmt+09:00)
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Entertainment
Korea’s Everland to lure horror fans with Netflix series
Everland, South Korea’s largest theme park, is set to lure horror movie fans at home and abroad with famous fright series such as “Stran...
Sep 02, 2024 (Gmt+09:00)
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Electric vehicles
Toyota chairman to visit Seoul, discuss hydrogen cars with Hyundai’s Chung
Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...
Sep 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai unseats Volvo as No. 1 truck brand in Korea
Hyundai Motor Co. has unseated construction truck leader Volvo in South Korea for the first time, driven by its flagship Xcient Pro model that sent ...
Sep 02, 2024 (Gmt+09:00)