Lotte Hotel Seoul

Lotte Duty Free, South Korea’s largest duty-free business operator, said on Sunday it has extended its operating rights for a duty-free shop a...

KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...

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...

Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...

The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...

Shin Yoo-yeol, the eldest son of Lotte Group Chairman Shin Dong-Bin, was promoted to lead the group’s new division to be launched within its h...

Palace Skateboards will likely join other foreign streetwear brands such as Noah, Supreme and Stussy, which have made their debut in South Korea, ta...

WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet ...

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in t...

The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...

Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...

Ananti Inc. will end its six-year-long partnership with Hilton Hotels & Resorts by removing the global hotel giant's nameplate from its luxury s...

Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...

Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...

SK Nexilis Co. and Lotte Energy Materials Corp., South Korea’s two leading copper foil producers, have continued to reduce factory operation r...

Apple Inc. said on Monday that it will open its sixth store in South Korea on Dec. 9. The new store will be located in the Starfield Hanam shop...

Lotte Group is considering sprucing up the Lotte World Tower in Seoul, the tallest building in South Korea, to maintain its position as a landmark s...

Lotte Fine Chemical Co., South Korea’s largest ammonia producer, will spend a total of 129 billion won ($99 million) in an aim to become the w...

LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....

South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...

South Korea's Lotte Home Shopping announced on Tuesday that it has displayed Bellygom Bellygom at Siam Discovery, the largest shopping mall in Bangk...

South Korean leading luxury hotel and retail operator Hotel Shilla announced on Tuesday that its four restaurants were selected on the La Liste 2024...

South Korea lags far behind advanced countries in nurturing artificial intelligence (AI) talent due to the lack of proper skills development program...

London-based global alcoholic beverage company Diageo announced on Wednesday it will open a pop-up store in Garosu-gil,  Sinsa-dong, Gangnam, S...

Barings LLC has appointed Chong Hak (John) Park as head and sole representative director of its South Korean asset management arm, effective Jan. 1,...

Louis Vuitton and Rolex brands are status symbols for customers and so they are for department stores in South Korea.Shinsegae Inc. and Hanwha Galle...

The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new managing director (M...

The French luxury brand Louis Vuitton will open a pop-up restaurant in South Korea. This is the fourth one since May this year.According to company ...

POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...