duty-free sector

South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...

South Korea's Hyundai Engineering Co. announced on Thursday that it acquired a 260 MW Hillsboro Solar Power Plant project from OCI Energy. This is H...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, reduced stakes in its vendors while cut...

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

CJ CheilJedang Corp.'s Korean food brand Bibigo announced on Tuesday that it recently opened its stores at Shinsegae Duty Free and Shilla Duty Free ...

SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...

South Korea’s No. 2 petrochemicals manufacturer Lotte Chemical Corp. is set to more than halve its basic chemicals business by 2030 in its por...

Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...

In an escalating war in the semiconductor industry, insiders know there’s one technology critical for gaining chip supremacy: Electronic desig...

LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) cell maker, has suspended construction of a plant in Arizona for batt...

South Korea welcomed a record-high number of post-pandemic foreign tourist arrivals for a single quarter in the first three months of this year, but...

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...

SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...

SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Hyundai Motor Co., South Korea’s top automaker, will transform its commercial vehicle plant in the country into the manufacturing hub for its ...

Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a fi...

South Korea will put the adoption of poison pills and dual-class shares on the new policy agenda at a meeting with business leaders this month, wher...

South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it was selected as one of the top-100 climate tech startup...

South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...

South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...

South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...

South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...