corporate strategy
Scope
Date
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Carbon neutrality
Samsung Biologics receives Terra Carta Seal
Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets Initiative’s Ter...
Jan 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus announces official start of original content production
LG Uplus Corp. announced on Thursday that it would officially kickstart producing original content, following its pilot program about desserts relea...
Jan 05, 2023 (Gmt+09:00)
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Corporate bonds
KT receives record-high corporate bond bids of $2.3 billion
KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ($2.27 billion) in c...
Jan 05, 2023 (Gmt+09:00)
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Corporate strategy
Hyundai is not a carmaker but a tech firm: Chairman Chung
Hyundai Motor Group Chairman Chung Euisun has vowed to turn the South Korean automotive giant into a state-of-the-art tech company to lead the pack ...
Jan 04, 2023 (Gmt+09:00)
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Corporate bonds
KT, E-mart warm up S.Korea's corporate bond market
South Korea's KT Corp. and E-mart Inc. are the frontrunners in the new year's corporate bond demand forecasts, attracting attention on if they can b...
Jan 03, 2023 (Gmt+09:00)
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Corporate strategy
Korean business chiefs’ Year of the Rabbit messages: Keep investing
South Korea’s top business leaders on the first business day of the year stressed the importance of active investment and concentration of r...
Jan 02, 2023 (Gmt+09:00)
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Pension funds
NPS will intensify shareholder engagement, new CIO says
Seo Won-joo, the new chief investment officer of the National Pension Service (NPS) of South Korea, said on Dec. 27 that the pension fund will stren...
Dec 27, 2022 (Gmt+09:00)
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ESG
Standard Chartered's director attributes ESG success to board-led decisions
When it comes to the banking sector's environmental, social, and governance (ESG) efforts, an industry veteran says the success depends on the chief...
Dec 27, 2022 (Gmt+09:00)
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Korean chipmakers
Rep. Yang Hyang-ja criticizes 8% tax cut for chipmakers as step backward
South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...
Dec 23, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung unveils industry’s first 12 nm DRAM, compatible with AMD
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has unveiled an advanced DRAM chip, using the industry&rsq...
Dec 21, 2022 (Gmt+09:00)
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Economy
S.Korean corporate debt ratio hits six-year high in Q3
South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...
Dec 16, 2022 (Gmt+09:00)
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Corporate strategy
Samsung eyes new mobile AP chip to take on Apple's iPhone
Samsung Electronics Co. and Apple Inc. have had a long rivalry in the global market for smartphones and other mobile devices. In terms of sales...
Dec 15, 2022 (Gmt+09:00)
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Webtoons
Naver Webtoon, digital comics case for global MBA study
Naver Webtoon Ltd., the world’s top digital comics provider, is set to be a textbook case study for global students as a prominent business sc...
Dec 13, 2022 (Gmt+09:00)
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Markets
Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax
South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...
Dec 12, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC buys stake in US credit asset manager Golub Capital
Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...
Dec 09, 2022 (Gmt+09:00)
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Supply chain
KITA sees exponential jump in demand for key minerals within 20 years
Amid the global supply chain crisis and growing trade protectionism by major economies, a study by a major trade body in South Korea says the nation...
Dec 09, 2022 (Gmt+09:00)
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Cloud computing
Private equity juggernauts bid for $758 million worth of KT Cloud shares
A number of private equity giants in South Korea and beyond are bidding for shares worth up to 1 trillion won ($758.2 million) in KT Cloud, a subsid...
Dec 07, 2022 (Gmt+09:00)
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Companies
SK Discovery launches bio strategy, investment division
Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...
Dec 06, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
South Korea's Hyundai Heavy Industries establishes chief AI officer post
South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...
Dec 06, 2022 (Gmt+09:00)
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Real estate
DWS taps Steven Kim as APAC real estate asset management head
German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven Kim (Kim Sang-wook) ...
Dec 05, 2022 (Gmt+09:00)
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Capital raising
Nearly half of Korean firms plan no domestic investment next year
Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...
Dec 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Kakao Pay seeks to acquire Loca Mobility up for sale by MBK Partners
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is seeking to acquire Loca Mobility Corp...
Dec 02, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES
Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...
Dec 01, 2022 (Gmt+09:00)
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Content platforms
KT conducts reshuffle ahead of launching South Korea's top OTT service
Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Shell-First: Samsung Foundry’s custom-tailored new operation strategy
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Nov 30, 2022 (Gmt+09:00)
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Korean startups
Sandbox Network pursues corporate restructuring to dig out of red
Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...
Nov 28, 2022 (Gmt+09:00)
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Economy
Corporate confidence in South Korea hits 23-month low
Business sentiment among South Korea's companies has fallen to its lowest level in 23 months, as worsening business conditions mainly in the non-man...
Nov 24, 2022 (Gmt+09:00)
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Economy
Finance ministry stresses need to reduce maximum corporate tax rate
A total of 103 companies, a mere 0.01% of the total number of corporations in South Korea, are paying more than 40% of the country’s total cor...
Nov 22, 2022 (Gmt+09:00)
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Artificial intelligence
KT unveils AI strategy, including hyperscale AI commercialization
South Korea’s second-largest wireless carrier KT Corp. unveiled a set of steps it will take to commercialize the internally developed Hypersca...
Nov 16, 2022 (Gmt+09:00)
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ESG
SK Geo Centric secures $363 mn in sustainability loans on favorable terms
SK Geo Centric Co., a South Korean petrochemical company, said on Tuesday it has secured 475 billion won ($363 million) in sustainability-linked loa...
Nov 15, 2022 (Gmt+09:00)
Latest News
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