Yen Phong industrial park
Scope
Date
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Beauty & Cosmetics
Aekyung Industrial's sales on Amazon jump 58% in H1 2023
South Korea's Aekyung Industrial announced on Tuesday that its sales on the US e-commerce platform Amazon in the first half of this year increased...
Jul 18, 2023 (Gmt+09:00)
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Airlines
S.Korea-Japan flights outpace Gimpo-Jeju in H1 2023
As Japan eased its border restrictions at the end of last year, the number of passengers on routes between South Korea and Japan in the first half o...
Jul 17, 2023 (Gmt+09:00)
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Future mobility
Samsung to participate in Germany's IAA Mobility in September
Samsung Electronics Co.'s Device Solutions (DS) division and Samsung Display Co. will participate in the future mobility show "IAA Mobility," which ...
Jul 14, 2023 (Gmt+09:00)
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Korean chipmakers
SK Group chair sees semiconductor rebound in 6 mths to 1 yr
The semiconductor industry may be at the bottom of its cycle and is likely to turn around in six months to one year, in tandem with an expected econ...
Jul 13, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries captures ship's underwater noise
South Korean shipbuilder Samsung Heavy Industries revealed on Tuesday that it has attained cutting-edge technology enabling the precise analysis of ...
Jul 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor chairman visits Intel, seeking stable supply of chips
Hyundai Motor Group Chairman Chung Euisun toured Intel Corp.’s Leixlip Campus in County Kildare, Ireland last week to check out the latest tec...
Jul 10, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035
South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...
Jul 07, 2023 (Gmt+09:00)
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Debt financing
Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022
The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...
Jul 06, 2023 (Gmt+09:00)
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Content platforms
S.Korea’s contents export size surpasses home appliances, textiles
South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...
Jul 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean mulls large investments in warship facilities
Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...
Jul 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries succeeds autonomous vessel navigation
South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...
Jul 06, 2023 (Gmt+09:00)
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Pension funds
NPS buys more Hyosung Heavy Industries, LS Electric shares in Q2
National Pension Service (NPS) of South Korea increased investments in local machinery, shipbuilding and semiconductor stocks in the second quarter ...
Jul 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Kolon Industries to develop new materials for space exploration
Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...
Jul 05, 2023 (Gmt+09:00)
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Electronics
LS Cable commercializes world's thinnest LAN cable
South Korea's LS Cable & System announced Wednesday that it has brought to market the world's thinnest LAN cable with a 6 mm outer diameter, cap...
Jul 05, 2023 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...
Jul 04, 2023 (Gmt+09:00)
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Batteries
Kia to begin EV battery subscription service pilot project
South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...
Jul 04, 2023 (Gmt+09:00)
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Economy
S.Korea opens doors wider for skilled foreign workers
South Korea will raise the country’s visa quota for skilled foreign workers by 15 times from the previous level to ease chronic labor shortage...
Jun 29, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea, Japan to resume bilateral currency swap for dollars
South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an eight-year suspensio...
Jun 28, 2023 (Gmt+09:00)
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Travel & Leisure
Interpark Triple sees surge in sales of Japan tours, activities
Sales of Japan tour and activity products to South Korean travelers have surged in recent weeks, driven by an increase in the number of independent ...
Jun 28, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung accelerates foray into fastest AI chip market
South Korea’s Samsung Electronics Co. is speeding up its efforts to penetrate deeper into the high bandwidth memory 3 (HBM3) market, an area i...
Jun 26, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Foreign exchange
Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years
The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposit...
Jun 23, 2023 (Gmt+09:00)
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Private debt
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
Jun 22, 2023 (Gmt+09:00)
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Regulations
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
Jun 22, 2023 (Gmt+09:00)
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Korean startups
S.Korea has just 1.2% of world's corporate unicorns: study
Among 10 major economies worldwide, South Korea's global share of unicorn companies, or startups with a corporate value of over $1 billion, has shru...
Jun 22, 2023 (Gmt+09:00)
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Regulations
EU’s new battery act comes with caveats; headache for Samsung, Apple
The European Union’s decision to go greener with batteries that cut carbon emissions and promote recycling comes with a few caveats, posing a ...
Jun 21, 2023 (Gmt+09:00)
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Batteries
Battery materials firms revive Korean cities with new plants
As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...
Jun 20, 2023 (Gmt+09:00)
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ESG
HD Hyundai Oilbank develops recycled plastic containers
South Korea's petroleum and refinery company HD Hyundai Oilbank Co. has jointly developed a container using recycled plastic with domestic plastic c...
Jun 20, 2023 (Gmt+09:00)
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Retail
Shopping without passport at S.Korea’s Lotte Duty Free
With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...
Jun 20, 2023 (Gmt+09:00)
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Foreign exchange
Yen breaches key level vs Korean won to hit 8-year low
The Japanese yen on Monday extended losses against the South Korean won to touch an eight-year low, briefly breaching a psychological support line a...
Jun 19, 2023 (Gmt+09:00)
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