skin care and make-up
Scope
Date
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Bio & Pharma
Hugel names ex-CEO of LG Household & Health Care as chairman
South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...
Mar 31, 2023 (Gmt+09:00)
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Tech, Media & Telecom
CJ OliveNetworks launches API marketplace platform API Plex
CJ OliveNetworks, an ICT subsidiary of South Korea's CJ Group, said on Tuesday that it has launched an application programming interface (API) marke...
Mar 29, 2023 (Gmt+09:00)
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Fiber & Textile
S.Korean fashion company LF diversifies portfolio with new brand Patou
In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As the preferences of ...
Mar 28, 2023 (Gmt+09:00)
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Food & Beverage
Home appliance maker Cuchen unveils animated character Zin-z
Cuchen, a South Korean home appliance company, has introduced an original character named "Zin-z" to enhance its brand image. Zin-z is an animation ...
Mar 28, 2023 (Gmt+09:00)
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Chemical Industry
Kolon Industries to make 100% plant-based eco-friendly plastic
Kolon Industries Inc.'s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global biomaterials leader f...
Mar 22, 2023 (Gmt+09:00)
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Healthcare
LG Elec, Bayada strengthen cooperation on home care medical devices
LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...
Mar 21, 2023 (Gmt+09:00)
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Korean chipmakers
South Korea says US Chips Act subsidies have too many requirements
SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...
Mar 15, 2023 (Gmt+09:00)
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Logistics
S.Korea's hy to export eco-friendly refrigerated carts to Cambodia
hy Co., a South Korean distribution company, said on Tuesday that it will export its ride-on refrigerated electric carts “Cold & Cool&rdqu...
Mar 14, 2023 (Gmt+09:00)
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Fintech
Apple Pay to launch in South Korea on March 21
Apple's mobile payment service, Apple Pay, is set to launch domestically in South Korea on March 21, according to industry sources on Monday.With th...
Mar 14, 2023 (Gmt+09:00)
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Electronics
LG Electronics makes 100 millionth unit of core motor for washing machines
LG Electronics Inc. on Sunday said it produced late last month its 112 millionth unit of the inverter direct drive (DD) motor for its washing machin...
Mar 06, 2023 (Gmt+09:00)
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Energy
SK Materials makes equity investment in ION for CO2 capture partnership
SK Materials Co., an industrial gas manufacturing affiliate of South Korea’s SK Inc., has made an equity investment in ION Clean Energy Inc., ...
Mar 02, 2023 (Gmt+09:00)
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Economy
S.Korea’s exports drop for 5th straight month in Feb on plunging chip sales
South Korea’s exports shrank 7.5% year over year in February on a plunge in shipments of its mainstay export item semiconductors amid the glob...
Mar 02, 2023 (Gmt+09:00)
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Pension funds
Inflation casts shadow over S.Korea NPS' hedging strategies
South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...
Feb 28, 2023 (Gmt+09:00)
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Chemical Industry
Kolon Plastics to make eco-friendly products from marine waste
Kolon Plastics Inc. said on Tuesday that it has signed an agreement with Netspa, a South Korean recycling social venture, to jointly develop enginee...
Feb 28, 2023 (Gmt+09:00)
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Economy
AmCham pledges to make S.Korea Asia's top biz hub
The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on the 70th anniversar...
Feb 23, 2023 (Gmt+09:00)
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Energy
Samyang to develop biomaterials for battery heat management
South Korea’s Samyang Corp. signed a partnership agreement with local tech venture Nano Tim on Feb. 20 to jointly develop thermal interface ma...
Feb 22, 2023 (Gmt+09:00)
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Electronics
LG Elec's ThinQ UP washing machine lowers microplastic emissions
LG Electronics Inc. on Tuesday said it will add a new function to its ThinQ UP upgradable washing machines that drastically reduces the emission of ...
Feb 22, 2023 (Gmt+09:00)
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Korean chipmakers
Chip designers in high demand despite industry slowdown
The semiconductor industry is reeling from a chip supply glut amid a broader global economic slowdown. However, as the saying goes, every cloud has ...
Feb 17, 2023 (Gmt+09:00)
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Batteries
LG Chem invests $75 million in Piedmont Lithium, signs supply deal
LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...
Feb 17, 2023 (Gmt+09:00)
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Energy
SK Enmove stresses pursuit of energy efficiency: CEO
"This year is the first year of SK Enmove's process of becoming an energy-efficiency company," said Park Sang-kyu, CEO of SK Enmove, a lubricant sub...
Feb 17, 2023 (Gmt+09:00)
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Food & Beverage
Korea's Dongsuh to rival Nestle in local capsule coffee market
South Korea’s No.1 instant coffee maker Dongsuh Foods Corp. is set to rival global food and beverage giant Nestle in the local capsule coffee ...
Feb 14, 2023 (Gmt+09:00)
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Steel
POSCO to produce low-carbon steel raw material in Australia
South Korea's top steelmaker POSCO has launched a project in Australia to produce hot briquetted iron (HBI), an essential raw material for the adopt...
Feb 14, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea doubles undocumented overseas remittance limit to $100,000
South Korea as early as June will double its annual limit on overseas remittance without evidential documents from $50,000 to $100,000.The Ministry ...
Feb 10, 2023 (Gmt+09:00)
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Electronics
LG makes big B2B push to regain momentum, boost profits: CEO
South Korea’s home appliance giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business marke...
Feb 08, 2023 (Gmt+09:00)
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Construction
South Korea's SK Ecoplant localizes core tech to make ultrapure water
South Korea's SK Ecoplant Co. is expanding its portfolio in the water industry through localizing core technology to produce ultrapure water (UPW), ...
Feb 07, 2023 (Gmt+09:00)
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Pension funds
NPS lags global peers in 2013-2022 investment returns
South Korea's National Pension Service (NPS), the world's third-largest pension fund, has underperformed its global peers over the past decade in te...
Feb 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Japanese nursing home and care service for $300 mn
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...
Feb 03, 2023 (Gmt+09:00)
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Batteries
POSCO Chemical breaks ground on second anode material plant
POSCO Chemical Co., a battery material unit of South Korea’s steel giant POSCO Holdings Inc., on Jan. 31 broke ground on its second plant to p...
Feb 01, 2023 (Gmt+09:00)
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Food & Beverage
One in 5 South Koreans claims Starbucks Rewards stars
Starbucks Korea saw members of its rewards program surpass 10 million this month, meaning that one in every five South Koreans is a registered membe...
Jan 31, 2023 (Gmt+09:00)
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Future mobility
Mobile Living Space: Hyundai’s new future mobility concept
A self-driving vehicle taking a passenger home and then docking into the building so that they can enter the house without being exposed to the outs...
Jan 30, 2023 (Gmt+09:00)
Latest News
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand