Tongyang Life Insurance
Scope
Date
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Bio & Pharma
Samsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...
May 03, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Life to buy stake in Indonesia's Lippo-owned bank
South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...
Apr 24, 2024 (Gmt+09:00)
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Insurance
Korea's Lotte Insurance put on market for around $1.5 bn
Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...
Apr 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea to offer $5 bn insurance for defense exports
South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...
Apr 17, 2024 (Gmt+09:00)
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Insurance
Hanwha, 1st Korean insurer to earn dividends from overseas unit
Hanwha Life Insurance Co. is set to earn dividends from its Vietnamese subsidiary, reporting a cumulative profit after 15 years, becoming South Kore...
Apr 01, 2024 (Gmt+09:00)
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Mergers & Acquisitions
KDB halts KDB Life sale process to take full control
The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...
Mar 27, 2024 (Gmt+09:00)
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Insurance
KIDI to build insurance infrastructure in Vietnam
The Korea Insurance Development Institute (KIDI) announced on Friday that it signed a business agreement with the Vietnam Insurance Development Inst...
Mar 22, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung invests in BrickBio in US
Samsung Group announced on Tuesday that its Life Science Fund has invested in the US-based antibody-drug conjugates (ADC) and gene therapy technol...
Mar 19, 2024 (Gmt+09:00)
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Insurance
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Mar 06, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung targets gene therapy sector through US investments
Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...
Feb 27, 2024 (Gmt+09:00)
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Electronics
LG opens ‘Life’s Good’ experience space in Singapore
LG Electronics Inc. announced on Monday that it opened its "Life's Good" brand experience space in Singapore. Located in the upscale Millenia Walk m...
Feb 19, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion to deliver three treatments to Peru
South Korea’s Celltrion Inc. announced on Thursday that it will supply three treatments, including its blood cancer drug Truxima (rituximab) t...
Feb 15, 2024 (Gmt+09:00)
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Leadership & Management
Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur
When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...
Feb 14, 2024 (Gmt+09:00)
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Automobiles
Lexus tops imported car brands in Korea driver survey
Lexus ranked tops in a customer satisfaction survey of imported-car drivers in South Korea, which also found positive responses to the online purcha...
Feb 04, 2024 (Gmt+09:00)
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Fashion
CJ OnStyle launches genderless fashion brand M12
South Korea's CJ OnStyle announced on Thursday that it will launch a genderless fashion brand M12. M12 means genderless lifewear that can be worn co...
Jan 25, 2024 (Gmt+09:00)
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Korean startups
South Korean apps for foreigners' daily life, travel on the rise
The South Korean mobile app market is seeing fast growth of platforms targeting foreign users in the country alongside their increasing demand for a...
Jan 22, 2024 (Gmt+09:00)
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Korean innovators at CES 2024
Kia to launch mid-sized purpose-built vehicle PV5 in 2025
Kia Corp., the No. 2 automaker in South Korea, is set to launch its first mid-sized purpose-built vehicle model (PBV) in 2025 and start a customized...
Jan 09, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung eyes biotech investments via Flagship Pioneering
Samsung C&T Corp., Samsung Biologics Co. and Samsung Bioepis Co. will ramp up investments in US biotechnology startups in collaboration with Fla...
Jan 09, 2024 (Gmt+09:00)
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Electronics
LG Elec opens customer experience space in Ho Chi Minh
LG Electronics Inc. announced on Friday the unveiling of a customer experience space called "Another Saigon" in Ho Chi Minh City, Vietnam, where the...
Dec 22, 2023 (Gmt+09:00)
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Leadership & Management
HD Hyundai aims to double number of female employees by 2030
HD Hyundai Co., the world’s largest shipbuilding group, will introduce a childcare leave system to make the male-dominated conglomerate an att...
Dec 21, 2023 (Gmt+09:00)
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Korean innovators at CES 2024
Hyundai’s Supernal to unveil life-size UAM at CES 2024
Supernal LLC, the US-based urban air mobility (UAM) affiliate of Hyundai Motor Group, announced on Wednesday that it will participate in CES 2024 ne...
Dec 20, 2023 (Gmt+09:00)
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Private equity
Supreme Court affirms Affinity, GIC's exit value on Kyobo Life
South Korea’s Supreme Court on Wednesday upheld the ruling that would allow the Affinity Equity Partners-led consortium, including Singapore&r...
Nov 29, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Engineering secures $349 mn bio plant deal
South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...
Nov 01, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom enters Japan's pet care market
South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan&r...
Oct 04, 2023 (Gmt+09:00)
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Advertising & Marketing
LG Electronics boosts 'Life's Good' campaign in Tennessee
South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...
Sep 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Dongwon founder vows to acquire Korea’s top container line HMM
Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...
Sep 19, 2023 (Gmt+09:00)
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Electronics
Samsung offers guide to greener, smarter life with SmartThings
BERLIN – Concerned about extreme weather and skyrocketing energy bills? “Keep calm” and head to Berlin where Samsung Electronics C...
Sep 01, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s Vegzelma listed on prescription of 10 private US insurers
South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...
Aug 23, 2023 (Gmt+09:00)
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Insurance
Hanwha Life sees cumulative profit in 15 years in Vietnam
Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...
Aug 20, 2023 (Gmt+09:00)
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Insurance
Tokio Marine seeks to sell SE Asia units to S.Korean companies
Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...
Aug 14, 2023 (Gmt+09:00)
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