MG Community Credit Cooperatives
Scope
Date
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Business & Politics
KOTRA holds IR meeting in Tokyo for Japanese companies
Invest Korea, KOTRA's organization dedicated to attracting foreign investment, held an IR for Japanese companies interested in entering South Korea ...
Jun 15, 2023 (Gmt+09:00)
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Chemical Industry
Hyosung Chemical’s credit rating downgraded one notch
Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...
Jun 08, 2023 (Gmt+09:00)
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Batteries
Hyundai, SK battery JV may receive up to $700 mn in US grants
Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...
Jun 07, 2023 (Gmt+09:00)
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Economy
S.Korea mulls adding national pension benefits to raise birth rate
South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...
May 31, 2023 (Gmt+09:00)
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Energy
Moody’s cuts credit view on KEPCO to lowest investment grade
Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...
May 26, 2023 (Gmt+09:00)
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Capital raising
LS Group's US affiliate SPSX to raise $150 mn in pre-IPO
LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...
May 19, 2023 (Gmt+09:00)
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Entertainment
Kakao migrates global webtoon service environment to Google Cloud
South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with Google Cloud to glob...
May 19, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to send $130 mn in aid for Ukraine’s reconstruction
South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...
May 18, 2023 (Gmt+09:00)
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Corporate strategy
SK, Hana Financial groups to jointly develop credit rating model
South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...
May 17, 2023 (Gmt+09:00)
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Business & Politics
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...
May 10, 2023 (Gmt+09:00)
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Business & Politics
Hyundai Motor, Kia to receive 25% tax credit for EV plant spending
ULSAN, South Gyeongsang Province – South Korea’s Hyundai Motor Co. is poised to receive a 25% tax credit for its planned investment in a...
May 09, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov't proposes nuclear power plant cooperation to Hungary
South Korean Minister of Trade, Industry and Energy Lee Chang-yang discussed ways to strengthen industrial and trade cooperation with Lászl&o...
May 08, 2023 (Gmt+09:00)
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Korean games
WeMade discusses first console game with Microsoft
South Korea's video game developer WeMade Co. on Monday said it is discussing cooperation with Microsoft in areas like WeMade's release of a console...
May 08, 2023 (Gmt+09:00)
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Energy
S.Korea, US advised to cooperate in advanced nuclear power plant
Amid declining exports of nuclear power plants from major countries like South Korea and the US, Russia and China have captured about 80% of the glo...
May 03, 2023 (Gmt+09:00)
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Carbon neutrality
HMM, GS Caltex to cooperate for eco-friendly biofuel project
South Korea's HMM Co. has partnered with GS Caltex for an eco-friendly biofuel project aimed at reducing greenhouse gas emissions, according to an...
Apr 26, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea, Airbus plan to open domestic tech research center
South Korea and European aircraft maker Airbus Group will open a technology research center in the country and discuss boosting cooperation in suppl...
Apr 26, 2023 (Gmt+09:00)
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Blockchain
WeMade signs MOU with Ministry of Investment Saudi Arabia
South Korea's game publisher WeMade Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with the Ministry of Investment ...
Apr 25, 2023 (Gmt+09:00)
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Steel
POSCO to supply steel to Samsung Electronics under long-term contract
POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long-term deal, which is...
Apr 25, 2023 (Gmt+09:00)
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Earnings
S.Korea’s Woori Financial profit up on interest rate margins
Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...
Apr 25, 2023 (Gmt+09:00)
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Hydrogen economy
S.Korea, Chile to enhance cooperation for green hydrogen
South Korea is exploring ways to cooperate with Chile in the transition toward a hydrogen economy and clean hydrogen production, as Chile has abunda...
Apr 24, 2023 (Gmt+09:00)
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Logistics
Dongwon Group to establishe new corporation for auto parts logistics
South Korea's Dongwon Group announced on Monday that it will launch a new corporation called "Next Lo Co." on May 1 to strengthen the competitivenes...
Apr 24, 2023 (Gmt+09:00)
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Logistics
iMarket Korea, Taylor city in Texas sign MOU for business agreement
iMarket Korea, South Korean distributor of industrial materials, said on Friday that it has signed a memorandum of understanding (MOU) with th...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
KCCI, Seoul Japan Club forms economic study group
South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commer...
Apr 20, 2023 (Gmt+09:00)
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Batteries
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
Apr 19, 2023 (Gmt+09:00)
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Advertising & Marketing
Innocean to cooperate domestic EV charging company for marketing
Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that it has signed a memorandum of understanding (MOU) with EV...
Apr 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Singaporean company collaborate on virtual production
SK Telecom Co. announced on Monday that it has signed a memorandum of understanding (MOU) with Xon Studios and Singapore's virtual production specia...
Apr 17, 2023 (Gmt+09:00)
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Entertainment
Aespa, other SM artists to join BTS' K-pop fan platform
SM Entertainment Co.'s artists such as aespa and NCT are set to join HYBE Co.'s fan engagement service., boosting the competitiveness of the platfor...
Apr 17, 2023 (Gmt+09:00)
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Real estate
Specialty income by preferred securities, commercial MBS
With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...
Apr 17, 2023 (Gmt+09:00)
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Food & Beverage
SPC supports vulnerable communities in New York
South Korea's major food company SPC Group has taken steps to improve its brand image in the United States by offering baking training and food dona...
Apr 14, 2023 (Gmt+09:00)
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Future mobility
Lotte Data Communication, Lotte E&C, UK Skyports tie up for VTOL
Lotte Data Communication Co. announced on Friday that it has signed a business agreement with Lotte Engineering & Construction and UK-based urba...
Apr 14, 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