LX International Indonesia nickel
Scope
Date
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Aerospace & Defense
Hanwha Aerospace to develop fighter jet engine materials
South Korea’s Hanwha Aerospace Co. is set to develop fighter jet engine materials able to resist flames of more than 1,500 degrees Celsius, wh...
Jul 26, 2023 (Gmt+09:00)
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Energy
POSCO Int'l wins Indonesia gas exploration project
South Korea’s POSCO International Corp. is poised to secure rights worth several billion dollars to explore and produce natural gas in Indones...
Jul 25, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax extracts raw materials from indigenous plants in Indonesia
Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, announced on Monday that it will unveil a cosmetics raw material b...
Jul 24, 2023 (Gmt+09:00)
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Construction
Hyundai E&C joins project for Ukraine's post-war reconstruction
South Korea’s Hyundai Engineering & Construction (E&C) has joined a post-war reconstruction project in Ukraine to expand the nation&rs...
Jul 17, 2023 (Gmt+09:00)
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Bio & Pharma
HK inno.N releases new drug for GERD in Indonesia
South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...
Jul 10, 2023 (Gmt+09:00)
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Debt financing
Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022
The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...
Jul 06, 2023 (Gmt+09:00)
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Electronics
LG Electronics sets up 1st global R&D center in Indonesia
South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...
Jul 06, 2023 (Gmt+09:00)
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Regulations
SGC Group slapped with over $7.7 mn fine for unfair internal trade
The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...
Jul 06, 2023 (Gmt+09:00)
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Aerospace & Defense
Indonesia yet to notify Korea of payment plan for joint fighter program
Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...
Jul 03, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung’s foundry business to make DDIC chips for LX Semicon
LX Semicon Co., one of South Korea’s leading chip design firms, plans to ask Samsung Electronics Co. to manufacture display driver integrated ...
Jul 03, 2023 (Gmt+09:00)
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Airlines
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...
Jun 29, 2023 (Gmt+09:00)
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Business & Politics
KOTRA hosts ESG cooperation project in Baubau, Indonesia
Korea Trade-Investment Promotion Agency (KOTRA) announced on Wednesday that it conducts an "Environmental, Social and Governance (ESG) Cooperation P...
Jun 28, 2023 (Gmt+09:00)
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Business & Politics
Airplane hangar built in Heart of S.America by KOICA
The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub is gaining momentum.K...
Jun 28, 2023 (Gmt+09:00)
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Batteries
LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds
LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...
Jun 26, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Construction & Planning
Korean-style smart city to be introduced in Ukraine's Uman
The South Korean government has decided to support the development of a smart city in Uman located in central Ukraine. The Ministry of Land, Infrast...
Jun 22, 2023 (Gmt+09:00)
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Batteries
POSCO, CNGR to build $1.2 bn battery materials plants in Korea
South Korea’s steel giant POSCO Group and China’s CNGR Advanced Material Co. have agreed to spend 1.5 trillion won ($1.2 billion) on sec...
Jun 21, 2023 (Gmt+09:00)
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Korean food
S.Korean SMEs unprepared for Indonesia’s mandatory halal certification
South Korea's Ministry of SMEs has begun moving to help SMEs planning to export to Indonesia obtain halal certification.The SME Ombudsman said on Tu...
Jun 20, 2023 (Gmt+09:00)
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Banking & Finance
S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia
Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...
Jun 15, 2023 (Gmt+09:00)
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Chemical Industry
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Jun 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
Jun 13, 2023 (Gmt+09:00)
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Mergers & Acquisitions
BlackRock buys $860 mn stake in S.Korean gas supplier
Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...
Jun 09, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries unveils homegrown sea vessels
South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...
Jun 05, 2023 (Gmt+09:00)
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Batteries
POSCO-GM JV to double cathode output, build precursor plant
South Korean battery materials producer POSCO Future M Co. said on Friday it will inject 1 trillion won ($765 million) into its joint venture with G...
Jun 02, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma wins contract to build blood products plant in Indonesia
GC Biopharma Corp., a South Korean pharmaceutical company, announced on Thursday that it has received approval from the Indonesian Ministry of Healt...
Jun 02, 2023 (Gmt+09:00)
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Logistics
S.Korea opens logistics center at Surabaya port, Indonesia
South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...
Jun 01, 2023 (Gmt+09:00)
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Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
May 30, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Webcash to accelerate overseas expansion as B2B fintech
South Korea's Webcash Group announced on Tuesday that it will enter the overseas market with its B2B fintech and software-as-a-service (SaaS) soluti...
May 30, 2023 (Gmt+09:00)
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Artificial intelligence
POSCO to develop internal-use AI tool to replace ChatGPT
Steel giant POSCO Group has embarked on the development of an AI chatbot for internal use amid growing concerns about data leaks through generative ...
May 28, 2023 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand