public-private alliance

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

North Korean leader Kim Jong-un has unveiled for the first time his second child, daughter Ju-ae, who was born in 2013.The Korean Central News Agenc...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...

South Korea's Hanwha Engineering and Construction (E&C) on Tuesday concluded a business agreement on joint development of offshore wind power in...

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

South Korean mid-sized petrochemical company Jaewon Industrial Co. is looking to attract pre-IPO investment, according to investment banking sources...

In an interview with The Korea Economic Daily, CEO of Onuii Go Yejin said she used to love contemplating a lot of random things since her elementary...

There is no doubt that headwinds to economic and market growth are picking up. Globally, supply chain and energy disruptions have contributed to hig...

South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in the early 100 billion ...

The HMG Driving Experience Center, which is set to open on Sept. 16, will offer the general public an opportunity to try out aspects of professional...

John Neuffer, president and CEO of the United States Semiconductor Industry Association (SIA), visited South Korea earlier this week on the primary ...

South Korea’s e-sports company DRX is aiming to become the first e-sports firm to list on the secondary bourse Kosdaq with its planned 2024 IP...

Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...

Kakao Enterprise Corp. is poised to become a private 5G network provider, for use within the parent company Kakao Corp. and for serving outside clie...

The issue of allowing K-pop megaband BTS to fulfill alternative service to active military duty resurfaced again on Thursday, with government offici...

A South Korean private equity consortium has acquired Daehan Shipbuilding Co., a small-size oil tanker manufacturer, for around 200 billion won ($15...

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

Allganize Inc., a Silicon Valley-based artificial intelligence (AI) startup, recently announced the company will relocate some of its headquarters f...

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

Special purpose acquisition companies (SPACs) are gaining momentum in South Korea’s initial public market on the back of eased regulations and...

“I'm gonna make him an offer he can’t refuse.”Ahn Cheol-soo, a senior lawmaker of South Korea’s ruling People Power Party, c...

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...

KT Cloud Corp., a unit of South Korea’s telecom giant KT Corp., plans to spend up to 2 trillion won ($1.5 billion) over the next three years t...