official corporation

South Korea's leading heating systems manufacturer Kyungdong Navien said on Monday that it has opened a new overseas corporation in Mexico, marking ...

South Korea’s largest resort complex Jeju Shinhwa World, located in the country’s top tourist destination, is preparing to restore its v...

LG Electronics Inc. and SM Entertainment Co. will jointly launch next month a home fitness app nine months after the project was delayed in Septem...

The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...

South Korea has attracted investment worth $940 million from six high-tech European companies to build factories and R&D centers.The six compani...

South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...

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...

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...

South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...

Affinity Equity Partners’ Seoul office head Sam Lee has left the global investment firm, sources familiar with the matter told The Korea Econo...

The South Korean label behind K-pop rookie sensation Fifty Fifty is looking to Silicon Valley for investment as the four-girl band, already with a l...

South Korean chip equipment maker Hanmi Semiconductor Co. said on Wednesday that it has set up a local subsidiary, Hanmi Vietnam, in the Bac Ninh re...

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

WASHINGTON, D.C. – South Korea has officially requested the US government to review details of the guardrail provisions in the CHIPS and Scien...

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that its Indian corporation has joined top 10 of local brand m...

South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...

South Korea's LS Electric Co. will join hands with Thailand's second-largest company Siam Cement Group (SCG) to target the Southeast Asian market fo...

South Korean individual investors flocked to the bond market with net purchases of 4.25 trillion won ($3.2 billion) in April, the highest record on ...

SoluM Co., a South Korean mid-sized electronic component maker, said on Wednesday that it signed an agreement with PetroVietnam Power Corporation, a...

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 ...

South Korea is exploring ways to cooperate with Chile in the transition toward a hydrogen economy and clean hydrogen production, as Chile has abunda...

South Korea's Dongwon Group announced on Monday that it will launch a new corporation called "Next Lo Co." on May 1 to strengthen the competitivenes...

Hyundai Motor Co. and Kia Corp. announced on Friday that they will support the official ceremonial vehicles for the Asian Development Bank (ADB) Ann...