duty-free sector

LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...

South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...

South Korea's LG Uplus Corp. announced on Thursday that its pet service platform ForDong has garnered over 300,000 subscribers just 14 months sinc...

The value of South Korea's golf industry market last year exceeded 20 trillion won ($15 billion).A report by the Daejeon-based Yuwon Golf Foundation...

Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...

South Korea's rising web novel industry, which has seen popular works like "Reborn Rich" and "The Red Sleeve" made into TV series, has exceeded 1 tr...

South Korea will invest 1.1 trillion won ($827.1 million) in the information security sector by 2027, nearly double its combined budget of 556.9 bil...

South Korea's Hana Bank on Tuesday said it signed a strategic business agreement with BitGo, a Palo Alto, California-based global digital asset cust...

TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, mem...

MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...

For the first time since Beijing lifted restrictions on group tourism to South Korea, Chinese cruise tourists have flocked to Jeju Island's duty-fre...

South Korea's Hyundai Engineering Co. is developing a conversational artificial intelligence (AI) program for use in the plant and construction sect...

Hyundai Motor Group said on Tuesday it has spun off three promising in-house startups, which the South Korean automotive group has nurtured as part ...

Nongshim Kellogg Co. announced on Monday its foray into the domestic instant rice market with the launch of "Whole Oat Rice," a product made exclu...

South Korea's duty-free stores are over the moon thanks to the resumption of Chinese group tours after a hiatus of six years and five months, with m...

South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...

Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...

More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...

SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...

South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

South Korea's Orion Corp. announced on Tuesday its strategic collaboration with Thailand's dairy behemoth, Dutch Mill Co., marking its ambitious ent...

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces a...

South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...

Samsung Electronics Co. said on Monday that it will offer the FIFA+  channel's content for free on Samsung TV Plus, expanding the sports offeri...

South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...

A robot freely gets on and off an elevator and moves around a building, doing everything from coffee to parcel delivery and route guidance.This is t...