Korea trade investment promotion agency
Scope
Date
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Corporate strategy
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...
Apr 16, 2025 (Gmt+09:00)
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Economy
South Korea to boost aid for chipmakers to $23 billion, expanding extra budget
South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...
Apr 16, 2025 (Gmt+09:00)
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Economy
S&P reaffirms South Korea’s AA credit rating with stable outlook
S&P Global Ratings has reaffirmed South Korea’s sovereign credit rating at AA with a stable outlook, citing the country’s resilient ...
Apr 15, 2025 (Gmt+09:00)
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Leadership & Management
Ex-US Congressman Drew Ferguson to head Hyundai's Washington office
Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...
Apr 15, 2025 (Gmt+09:00)
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Aerospace & Defense
South Korean defense industry thriving on strong overseas demand
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...
Apr 15, 2025 (Gmt+09:00)
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Asset management
Mirae Asset’s default option retirement funds top $700 mn in assets
Mirae Asset Global Investments Co. now manages over one-third of South Korea’s default-option retirement funds, with the assets it operates un...
Apr 15, 2025 (Gmt+09:00)
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Fashion
Hermès, Louis Vuitton, Chanel: Winners in S.Korea’s luxury market
South Korea’s luxury goods market is becoming increasingly polarized, with ultra-high-end brands such as Hermès, Louis Vuitton and Chan...
Apr 14, 2025 (Gmt+09:00)
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Korean stock market
NPS pours $3.9 bn to buttress Korean stock market
South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...
Apr 14, 2025 (Gmt+09:00)
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Real estate
Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
Apr 14, 2025 (Gmt+09:00)
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Private equity
EQT set to invest in KKR-backed fashion unicorn Musinsa
EQT, Europe's largest private equity firm, is set to invest 20 billion to 30 billion won ($14 million-$21 million) in Musinsa, South Korea’s f...
Apr 14, 2025 (Gmt+09:00)
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Steel
POSCO eyes investment in Hyundai Steel’s US plant
POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival Hyundai Steel Co.'s first overseas plant in the US, in ex...
Apr 14, 2025 (Gmt+09:00)
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Pension funds
NPS gears up for investment overhaul with boost in risk assets
South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...
Apr 11, 2025 (Gmt+09:00)
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Private equity
Glenwood PE to increase blind fund to $1 bn on pension funds’ interest
South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...
Apr 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korean shipbuilders rally as Trump hints at buying foreign ships
South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...
Apr 11, 2025 (Gmt+09:00)
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Real estate
IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...
Apr 11, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korea launches $27 mn fund to invest in K-beauty startups
South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...
Apr 10, 2025 (Gmt+09:00)
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Travel & Leisure
S.Korea’s foreigners-only casinos bask in return of Chinese high rollers
South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...
Apr 10, 2025 (Gmt+09:00)
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Private equity
Geopolitics rewrite investment playbook – and that’s an opportunity: KKR
In an era of escalating geopolitical uncertainty, the head of one of the world’s largest private equity firms sees opportunity – not ret...
Apr 10, 2025 (Gmt+09:00)
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Sovereign wealth funds
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
Apr 09, 2025 (Gmt+09:00)
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Automobiles
South Korea announces emergency support for auto sector against US tariffs
South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S....
Apr 09, 2025 (Gmt+09:00)
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Business & Politics
S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks
South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...
Apr 09, 2025 (Gmt+09:00)
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Business & Politics
IFEZ posts 2nd-highest FDI performance with $309.6 million in Q1
The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the f...
Apr 08, 2025 (Gmt+09:00)
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Beauty & Cosmetics
K-beauty defies trade headwinds as exports to China, US lead sales growth
South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...
Apr 08, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai on course for $1.55 bn order amid US-China trade war
HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...
Apr 06, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc faces multiple legal, regulatory challenges in fight against MBK
Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...
Apr 04, 2025 (Gmt+09:00)
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Alternative investments
Korean financial firms face growing risks in overseas property investments
South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...
Apr 04, 2025 (Gmt+09:00)
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Real estate
Asia Property to buy WeWork building in Seoul
Seoul-based real estate investment firm Asia Property has been picked as the sole preferred bidder for an office building currently occupied by cowo...
Apr 04, 2025 (Gmt+09:00)
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Asset management
Strong momentum in non-US markets, digital real estate: Principal AM CEO
It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sa...
Apr 02, 2025 (Gmt+09:00)
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Automobiles
Korea’s KG Mobility teams up with Chery to develop mid to large SUVs
KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...
Apr 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
KFC’s Korean operations up for sale
Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since...
Apr 02, 2025 (Gmt+09:00)
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