Seoul Edition
Scope
Date
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Fashion
S.Korea’s men’s fashion platform Deps launches offline store
Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...
Jul 27, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor Group, Seoul Univ. to jointly develop battery
Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...
Jul 25, 2023 (Gmt+09:00)
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Artificial intelligence
KT invests over $11 mn in AI software company Moreh
South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...
Jul 24, 2023 (Gmt+09:00)
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Upcoming IPOs
Fabless FADU taps institutional demand to raise about $151 mn
FADU Technology, the first unicorn in South Korea’s semiconductor sector, has embarked on a process to raise up to 193.8 billion won ($151 mil...
Jul 24, 2023 (Gmt+09:00)
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Automobiles
Kia Sportage celebrates milestone of 7 mn sales in 30 years
Kia Sportage has sold more than 7 million units since its launch three decades ago, celebrating the milestone with a special edition of its fifth-ge...
Jul 24, 2023 (Gmt+09:00)
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Automobiles
GM Korea releases new Trailblazer geared for S.Korean market
General Motors (GM) Korea on Wednesday launched the domestic sale of its new model of the small SUV Trailblazer customized for the South Korean mark...
Jul 19, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens premium cosmetics mall
South Korea’s top beauty chain CJ Olive Young on Monday launched the premium store Lux Edit online to roll out products from both big names an...
Jul 18, 2023 (Gmt+09:00)
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Electronics
Samsung to open Galaxy Experience Spaces in seven cities
Samsung Electronics Co. announced on Tuesday that it will open the "Galaxy Experience Spaces" in seven cities spanning six countries. These spa...
Jul 18, 2023 (Gmt+09:00)
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Fashion
Lotte Department Store opens Louis Vuitton’s Take Over pop-up store
South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...
Jul 14, 2023 (Gmt+09:00)
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Hydrogen economy
Hanwha Solutions, SK D&D team up for hydrogen fuel cell, solar power
South Korea's Hanwha Solutions Corp. and SK D&D have signed a strategic memorandum of understanding (MOU) to jointly pursue hydrogen fuel cell...
Jul 12, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea’s SKC seeks to sell fine ceramic business for $307 mn
SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...
Jul 10, 2023 (Gmt+09:00)
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Fashion
Dior to open Tears capsule collection pop-up store in Seoul
Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...
Jul 07, 2023 (Gmt+09:00)
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Real estate
Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Jul 06, 2023 (Gmt+09:00)
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Energy
Vestas to relocate Asia-Pacific HQ to Seoul in September
Denmark-based Vestas, the world's top wind turbine manufacturer, is set to move its Asia-Pacific regional headquarters from Singapore to South Korea...
Jun 26, 2023 (Gmt+09:00)
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Banking & Finance
Woori Bank to start legal, accounting advisory for firms entering Vietnam
South Korea's Woori Bank on Monday announced the opening of its comprehensive advisory service line for foreign direct investment (FDI) designed for...
Jun 26, 2023 (Gmt+09:00)
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Food & Beverage
US burger chain Five Guys to launch in South Korea on June 26
The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...
Jun 23, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul preps to launch ferry service for tourists, commuters
The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...
Jun 23, 2023 (Gmt+09:00)
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Fashion
Nike to open its 3rd Jordan World of Flight store in Seoul
Nike Inc. is set to open its Jordan World of Flight in Seoul, a store dedicated to Jordan brand streetwear and sports shoes, on Wednesday. It will b...
Jun 22, 2023 (Gmt+09:00)
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Korean startups
Seoul to build world's largest startup campus by 2030
The Seoul Metropolitan Government will establish the world’s largest startup campus in the capital city of South Korea by 2030, benchmarking S...
Jun 21, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's ToolGen develops gene-edited cow for artificial blood
South Korean genome editing developer ToolGen Inc. has teamed up with Lartbio Technology, a Seoul-based transgenic animal development company, to de...
Jun 21, 2023 (Gmt+09:00)
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Electronics
Samsung launches collaborative product with illustrator Max Dalton
Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...
Jun 19, 2023 (Gmt+09:00)
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Automobiles
Rolls-Royce unveils its first all-electric model, Spectre, in Seoul
Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...
Jun 16, 2023 (Gmt+09:00)
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Korean food
Kooksoondang to export limited edition makgeolli to Japan in four years
Kooksoondang Co., a South Korean brewery that produces traditional rice-based wines, announced on Friday that it will export 100,000 bottles of the ...
Jun 16, 2023 (Gmt+09:00)
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Electronics
Seoul Semiconductor beats Samsung Elec in LED market
Seoul Semiconductor Co., South Korea’s hidden tech champion, beat Samsung Electronics Co., a global electronics giant, in the world’s li...
Jun 16, 2023 (Gmt+09:00)
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K-pop
Seoul tightens safety oversight for BTS 10th anniversary fireworks
The South Korean government is stepping up safety oversight ahead of the BTS Festa fireworks show. This is in response to last year's massive crowd ...
Jun 16, 2023 (Gmt+09:00)
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K-pop
Amorepacific runs events to mark BTS 10th anniversary
South Korean beauty and cosmetics giant Amorepacific Corp. has temporarily opened a staff-only space to BTS fans. The company’s Seoul h...
Jun 15, 2023 (Gmt+09:00)
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Travel & Leisure
Japanese travelers top list of reservations to visit Seoul during BTS Festa
Trip.com, a South Korean travel platform, announced on Wednesday that the most frequent overseas travelers to Seoul during the “BTS Festa&rdqu...
Jun 14, 2023 (Gmt+09:00)
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Entertainment
Seoul celebrates 10th anniversary of BTS debut in festive mood
Seoul is sprucing itself up to host a two-week celebration of the 10th anniversary of the global sensation BTS.The Seoul Metropolitan Government and...
Jun 13, 2023 (Gmt+09:00)
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Travel & Leisure
Seoul is fourth most searched global city for summer travel: survey
The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...
Jun 13, 2023 (Gmt+09:00)
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K-pop
BTS’ suits for 2021 Grammys to be exhibited in Seoul
A set of seven suits worn by K-pop sensation BTS at the 2021 Grammys is to be exhibited in Seoul this month to celebrate the 10-year anniversary of ...
Jun 12, 2023 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia