domestic approval
Scope
Date
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Korean SMEs
S.Korea gov’t hosts sales event for domestic, US SMEs
South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...
Apr 26, 2023 (Gmt+09:00)
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The KED View
In South Korea, innovation is subject to regulatory approval
In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...
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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Tech, Media & Telecom
KT, Eluon aim to use domestic equipment for 5G network
South Korea's KT Corp. on Tuesday said it developed a small cell gateway with partner and tech startup Eluon.The small cell gateway is a system that...
Apr 26, 2023 (Gmt+09:00)
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Business & Politics
S.Korean gov’t to export domestic tax service system abroad
South Korea's National Tax Service (NTS) is looking to export its world-renowned electronic tax administration system after successfully implementin...
Apr 25, 2023 (Gmt+09:00)
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Bio & Pharma
CG Bio establishes US corporation to develop tissue products
South Korean bio-regenerative medical firm CG Bio has launched a new US corporation CG MedTech, to focus on the development and marketing of tissue ...
Apr 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
Apr 21, 2023 (Gmt+09:00)
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Food & Beverage
Kolmar BNH gets approval for health functional food ingredient in US
Kolmar BNH Co. has received approval from the US Food and Drug Administration (FDA) for a domestically developed health functional food ingredient.K...
Apr 20, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea sees boom in domestic demand for zero-sugar soju
A "zero-sugar" craze has emerged on the South Korean market for the country's traditional alcoholic drink soju. Lotte Chilsung Beverage said its die...
Apr 20, 2023 (Gmt+09:00)
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Bio & Pharma
Welt gets second digital therapeutic device approval in S. Korea
South Korea's Ministry of Food and Drug Safety announced on Wednesday that it has approved the cognitive therapy software "WELT-I" developed by We...
Apr 19, 2023 (Gmt+09:00)
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Korean startups
S.Korean gov't to support domestic startups in Saudi Arabia entry
South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...
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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Bio & Pharma
S.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry
The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export consultation meeting for...
Apr 18, 2023 (Gmt+09:00)
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ESG
LG Electronics supports ESG certification for overseas suppliers
LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...
Apr 18, 2023 (Gmt+09:00)
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Energy
S.Korea to dispatch key minerals investigation teams to Chile, Argentina
South Korean government will dispatch a public-private partnership key minerals business survey team to Chile and Argentina to revitalize overseas r...
Apr 17, 2023 (Gmt+09:00)
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Content platforms
Korea’s homegrown OTT Watcha at crossroads amid dearth of cash
South Korea’s homegrown over-the-top (OTT) platform Watcha Inc. is struggling to raise funds as it faces an uphill battle to win over customer...
Apr 16, 2023 (Gmt+09:00)
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Bio & Pharma
Vaxcell-bio's NK cell therapy wins therapeutic approval for liver cancer
South Korean anti-cancer immunotherapy company Vaxcell-Bio Therapeutics announced on Friday that its natural killer (NK) cell therapy, Vax-NK/HCC, h...
Apr 14, 2023 (Gmt+09:00)
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Bio & Pharma
HLB starts Phase 3 clinical trials for ophthalmic disease treatment in US
South Korea's pharmaceutical company HLB Therapeutics Co. announced on Thursday that it has started patient administration of "RGN-259," a treatment...
Apr 13, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean GS, Daebo invest in domestic AI semiconductor firm
South Korea's Sapeon, artificial intelligence (AI) semiconductor subsidiary of SK Telecom Co., said on Wednesday that it has signed a memorandum of ...
Apr 12, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's lunar orbiter Danuri captures back side of the moon
South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...
Apr 12, 2023 (Gmt+09:00)
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Beauty & Cosmetics
S.Korea's NHN Commerce acquires domestic cosmetics brand WLab
South Korea's major online company NHN Corp.'s online shopping platform NHN Commerce announced on Tuesday that it has acquired domestic cosmetics br...
Apr 11, 2023 (Gmt+09:00)
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Corporate investment
S.Korean corporate investment in Vietnam plunges 70% in first quarter
South Korean corporate investment in Vietnam, which has led the economic development of the Southeast Asian nation, has plunged this year due to fac...
Apr 11, 2023 (Gmt+09:00)
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Bio & Pharma
JW Pharma to use zebrafish in new drug development
South Korean drug developer JW Pharmaceutical has entered into a memorandum of understanding (MOU) with Zefit, a domestic non-clinical trial institu...
Apr 10, 2023 (Gmt+09:00)
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Retail
S.Korea's Musinsa promotes domestic fashion brands in Tokyo
South Korea's e-commerce fashion platform Musinsa announced on Friday that it opens a K-fashion brand pop-up store in Tokyo's Harajuku until April 1...
Apr 07, 2023 (Gmt+09:00)
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E-commerce
Singapore-based Qoo10 acquires South Korean e-tailer WeMakePrice
The Singapore-based e-commerce platform Qoo10 has acquired South Korea's online shopping site WeMakePrice, making Qoo10 fourth in domestic online co...
Apr 07, 2023 (Gmt+09:00)
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Korean food
S. Korea's Orion sees brisk sales growth in Vietnam, Russia
South Korea's confectionary giant Orion Corp. has seen brisk sales growth this year, pushing out rival CJ CheilJedang Corp. to solidify its dominanc...
Apr 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea to allow actual construction of hydrogen-powered ship
South Korea's the Ministry of Oceans and Fisheries announced on Wednesday that it has established "tentative standards for ship hydrogen fuel cell e...
Apr 05, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Foreigners can enter S.Korean casino without physical passport
Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...
Apr 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha's takeover of DSME likely to get conditional approval
South Korea's Fair Trade Commission (FTC) on Monday said it is discussing corrective measures with Hanwha Group over fears that the conglomerate's a...
Apr 04, 2023 (Gmt+09:00)
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Private equity
MBK Partners eyes China’s local consumption: Letter to investors
Private equity giant MBK Partners focused on defending its portfolio last year, especially Chinese companies during the lockdown, while being active...
Apr 03, 2023 (Gmt+09:00)
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