third-party logistics
Scope
Date
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ASK 2023
Funding gap creates opportunities in private real estate debt: ASK 2023
Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...
May 19, 2023 (Gmt+09:00)
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Logistics
Samsung SDS bolsters Cello Square with tech upgrades, global push
Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...
May 18, 2023 (Gmt+09:00)
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Automobiles
S.Korea’s January-April car exports at record high of $23.2 bn
In an impressive surge, South Korea's automobile exports soared to an unprecedented high of $6.16 billion (8.2 trillion won) in April, marking a sta...
May 16, 2023 (Gmt+09:00)
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Korean startups
HL Holdings, Veluga Brewery to digitalize Korean liquor market
HL Holdings Corp., a major South Korean automotive parts logistics specialist with a three-decade history, has joined hands with Veluga Brewery Inc....
May 15, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to establish global distribution center in Saudi Arabia
South Korea's CJ Logistics unveiled plans on Thursday to construct a Global Distribution Center (GDC) in Saudi Arabia, a burgeoning logistics hub in...
May 11, 2023 (Gmt+09:00)
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Business & Politics
FKI, Keidanren launch fund for Korea-Japan partnerships
TOKYO – Major business lobby groups of South Korea and Japan have created a partnership fund of 200 million yen ($1.5 million) to accelerate i...
May 10, 2023 (Gmt+09:00)
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Earnings
Coupang reports third profitable quarter in a row
South Korea’s Coupang Inc. on Wednesday reported three quarters of consecutive profits, calming investors' concerns about its cumulative ...
May 10, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution drops to third on global market for EV battery in Q1
South Korea's LG Energy Solution Ltd. in the first quarter fell to third in the global share of electric vehicle (EV) batteries in use spanning all ...
May 04, 2023 (Gmt+09:00)
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Corporate governance
Hyosung’s sibling feud continues with second son in court on trial
It all began in July 2014 when Cho Hyun-joon, currently the Hyosung Group chairman, was sued by his younger brother Cho Hyun-moon on charges of embe...
May 03, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong Pharma to build third botulinum toxin plant for $746 mn
South Korea’s Daewoong Pharmaceutical next year will open a third plant to greatly expand annual output of its botulinum toxin Nabota at a cos...
May 03, 2023 (Gmt+09:00)
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Robotics
Hyundai Wia commercializes autonomous logistics robots
Hyundai Wia, the second-largest auto parts supplier in South Korea after Hyundai Mobis, announced on Tuesday that it will begin commercializing auto...
Apr 25, 2023 (Gmt+09:00)
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Logistics
Dongwon Group to establishe new corporation for auto parts logistics
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...
Apr 24, 2023 (Gmt+09:00)
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Logistics
CJ OliveNetworks opens S.Korea's first logistics center with 5G
South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...
Apr 21, 2023 (Gmt+09:00)
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Batteries
SK On to attract $1.1 bn from BlackRock, MBK consortium
SK On Co., the world’s fifth-largest battery maker, is slated to attract 1.5 trillion won ($1.1 billion) from a consortium of US private equit...
Apr 20, 2023 (Gmt+09:00)
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ESG
LG Electronics supports ESG certification for overseas suppliers
LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...
Apr 18, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's hy to launch wine import business
South Korea’s hy, formerly Korea Yakult, announced on Thursday that it has recently obtained a liquor import license from South Korea's Nation...
Apr 14, 2023 (Gmt+09:00)
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Korean chipmakers
DRAM prices rebound on Samsung output cut; earlier recovery eyed
Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...
Apr 12, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea sets Nuri space rocket’s third launch on May 24
South Korea will conduct a third attempt to launch its first domestically designed and developed space rocket Nuri on May 24. The Ministry of Scien...
Apr 11, 2023 (Gmt+09:00)
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Robotics
LG Electronics rolls out third-generation Cloi ServeBot
LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...
Apr 11, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem, CJ Logistics partner to recycle packaging wrap
South Korean companies LG Chem Ltd. and CJ Logistics have signed an memorandum of understanding on Thursday to establish a recycling ecosystem for p...
Apr 06, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life’s holding firm plan gains speed with Pavilion Asset acquisition
Kyobo Life Insurance Co. has completed the process to put a South Korea-based alternative asset investment company under its wing, a move that is ex...
Apr 05, 2023 (Gmt+09:00)
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Retail
Louis Vuitton to launch the third pop-up restaurant in S.Korea
The French luxury brand Louis Vuitton to open a pop-up restaurant in South Korea. This is the third one since May and September last year. Acco...
Apr 03, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz
South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...
Mar 28, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat participates in US logistics exhibition under Bobcat brand
Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...
Mar 24, 2023 (Gmt+09:00)
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Electric vehicles
LS E-Link partners with Logen to boost EV charging
LS E-Link, a new corporation of South Korea's LS Group that specializes in electric vehicle (EV) charging infrastructure and operation, has signed a...
Mar 21, 2023 (Gmt+09:00)
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Corporate restructuring
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Mar 21, 2023 (Gmt+09:00)
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Logistics
Lotte Global Logistics establishes resource recycling platform in Korea
South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...
Mar 20, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, IGAWorks team up to boost data value
CJ Logistics, a South Korean logistics company, said on Thursday that it has signed a business agreement with IGAWorks Co., a big data platform comp...
Mar 16, 2023 (Gmt+09:00)
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Robotics
Hyundai Elevator to compete in Indonesian smart city projects
Hyundai Elevator Co. said on Wednesday that it will join a South Korean government-led team to bid for smart city projects in Indonesia, where the c...
Mar 15, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong wins approval for GERD treatment Fexuclu in Chile
South Korean pharmaceutical company Daewoong Pharmaceutical announced on Tuesday that it has received marketing authorization from Chile's National ...
Mar 14, 2023 (Gmt+09:00)
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