Lotte Mall West Lake Hanoi
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Bio & Pharma
Lotte Biologics, Excellgene to collaborate on CDO biz
Lotte Biologics, South Korea's biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Sunday that it has...
Apr 03, 2023 (Gmt+09:00)
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Retail
Lotte Shopping: Resurrected in Indonesia after death in China
JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...
Mar 30, 2023 (Gmt+09:00)
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Fintech
KB Securities signs MOU with Korea East-West Power, Hikive
KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...
Mar 30, 2023 (Gmt+09:00)
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Food & Beverage
Lotte Confectionery to rebrand as Lotte Well Food
South Korea's Lotte Confectionery Co. will change its name to Lotte Well Food, effective April 1, according to an announcement made on Thursday. The...
Mar 23, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem supplies RO filters for Chinese lithium extraction project
South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...
Mar 22, 2023 (Gmt+09:00)
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Corporate governance
Hyundai Motor, Lotte chairs rank as S.Korea’s highest-paid heads
Hyundai Motor Group Chairman Chung Euisun was ranked as South Korea’s highest-paid business owner in 2022 thanks to the group's record-high pr...
Mar 20, 2023 (Gmt+09:00)
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Logistics
Lotte Global Logistics establishes resource recycling platform in Korea
South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...
Mar 20, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's budget carriers seek expansion via more overseas flights
South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...
Mar 17, 2023 (Gmt+09:00)
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Retail
Lotte Mart unveils integrated private brand Good Today
South Korea's hypermarket Lotte Mart on Wednesday announced the debut of its integrated private brand (PB) Good Today under its plan to conduct focu...
Mar 16, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Fine Chemical, OCI Global join hands for clean ammonia business
Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...
Mar 15, 2023 (Gmt+09:00)
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Electronics
LG Electronics opens R&D corporation in Hanoi, Vietnam
LG Electronics Inc. will upgrade its research and development (R&D) center in Vietnam to an official corporation and boost its electric vehicle ...
Mar 09, 2023 (Gmt+09:00)
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Food & Beverage
Lotte Chairman to return to beverage unit's boardroom
Lotte Group Chairman Shin Dong-bin is slated to return as an inside director of Lotte Chilsung Beverage Co., the group’s subsidiary and one of...
Mar 03, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's Aekyung opens Luna brand store on Chinese TikTok
Aekyung Industrial, a South Korean consumer products company, announced on Thursday the opening of a stand-alone brand shop for their make-up specia...
Mar 02, 2023 (Gmt+09:00)
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Hydrogen economy
Lotte to produce clean ammonia in US with CF Industries
Lotte Chemical Corp., a major South Korean petrochemical manufacturer, joined hands with CF Industries Holdings Inc., the world’s largest ammo...
Feb 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Iljin Materials to change its name to Lotte Energy Materials
Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...
Feb 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics expedites global B2B push with signage displays
LG Electronics Inc., South Korea’s electronics giant, is betting big on digital signage displays as part of its global B2B push to offset weak...
Feb 20, 2023 (Gmt+09:00)
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Airlines
Lotte Hotel forms new mileage partnership with Singapore Airlines
On Wednesday, Lotte Hotels & Resorts announced its new mileage partnership with Singapore Airlines, marking the hotel group's first international ...
Feb 16, 2023 (Gmt+09:00)
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Private equity
Korean PE firm STIC to buy stake in copper foil maker Iljin
South Korean private equity firm STIC Investments is poised to become the second-largest shareholder of Iljin Materials Co., a Kosdaq-listed battery...
Feb 15, 2023 (Gmt+09:00)
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Petrochemicals
Lotte Fine Chemical transforms from ugly duckling to golden swan
For Samsung Group, the fine chemicals business was an ugly duckling losing money while other affiliates, including Samsung Electronics Co., were flu...
Feb 13, 2023 (Gmt+09:00)
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Hydrogen economy
Lotte Chemical, RWE, Mitsubishi form alliance for clean ammonia
South Korea's Lotte Chemical Corp. has joined forces with German energy company RWE and Japan's Mitsubishi Corporation to create a global consortium...
Feb 08, 2023 (Gmt+09:00)
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Lotte Group to directly control global real estate unit
Lotte Corp., the fifth-largest conglomerate in South Korea, is poised to strengthen its real estate development unit under the direct control of the...
Feb 07, 2023 (Gmt+09:00)
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Airlines
Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane
South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...
Feb 07, 2023 (Gmt+09:00)
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Chemical Industry
Lotte Ineos Chemical to expand vinyl acetate monomer plant
Lotte Ineos Chemical, South Korea's lone maker of acetic acid and vinyl acetate monomer (VAM), on Monday said it will expand its VAM output capacity...
Feb 06, 2023 (Gmt+09:00)
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Construction
Lotte Construction develops eco-friendly concrete
Lotte Engineering & Construction has developed eco-friendly concrete that can reduce carbon dioxide emissions by up to 90%. In collaboration wit...
Feb 06, 2023 (Gmt+09:00)
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Retail
Lotte's virtual human Lucy makes successful debut on live commerce
Lotte Home Shopping said on Thursday that its virtual model Lucy will appear in monthly live commerce broadcasts on its official YouTube channel.Luc...
Jan 27, 2023 (Gmt+09:00)
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Retail
Lotte Duty Free wins bid to operate Melborune Airport duty-free shop
Lotte Duty Free, an affiliate of the Lotte Group, won a bid for an Australian airport duty-free shop business, accelerating its move to bolster over...
Jan 25, 2023 (Gmt+09:00)
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Travel & Leisure
Lotte Tour signs with Costa Cruise to resume Korea-Japan routes
Lotte Tour Development Co. signed on Monday an agreement with Costa Cruise, an Italian cruise line, to charter cruise ships in Dubai, the United Ara...
Jan 19, 2023 (Gmt+09:00)
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Food & Beverage
Lotte to invest $55 mn in Indian ice cream subsidiary for 5 years
South Korea-based Lotte Confectionery Co. will invest 4.5 billion rupees ($55.1 million) in its Indian unit Havmor Ice Cream in the next five ...
Jan 18, 2023 (Gmt+09:00)
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Petrochemicals
Lotte Chem to sell Pakistan unit for $156 mn to finance other projects
Lotte Chemical Corp. is set to sell its Pakistan unit for 192.4 billion won ($155.8 million won) to a chemical company in the country as the South K...
Jan 16, 2023 (Gmt+09:00)
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Bio & Pharma
Lotte to invest more in US bio biz, spend $3 bn in Korea
SAN FRANCISCO -- South Korea’s Lotte Biologics Co. is considering investing more in the US bio industry and spending $3 billion in new factori...
Jan 11, 2023 (Gmt+09:00)
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