-
Tech, Media & TelecomSK Tel aims for $723 mn in subscription service transaction volume
SK Telecom Co. plans to reach 1 trillion won ($723 million) in transaction volume for subscription services such as its new T Un...
Nov 10, 2022 (Gmt+09:00)
-
Shipping & ShipbuildingSamsung C&T, KSS Line to jointly transport clean hydrogen, ammonia
Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transpo...
Nov 10, 2022 (Gmt+09:00)
-
Investment bankingKorean brokerages' restructuring targets investment banking units
South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. Th...
Nov 10, 2022 (Gmt+09:00)
-
Korean startupsDanggeun Market launches professional advertising solution
South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is rampin...
Nov 10, 2022 (Gmt+09:00)
-
LogisticsHyundai Mobis to build $69 mn integrated logistics center in Korea
South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to ...
Nov 10, 2022 (Gmt+09:00)
-
Private equityKorean PE firms struggle with fundraising on illiquidity
South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is ...
Nov 10, 2022 (Gmt+09:00)
-
Tech, Media & TelecomKT to invest $2 million in US voice biomarker developer
KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker develop...
Nov 10, 2022 (Gmt+09:00)
-
ConstructionDoosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt
South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion)...
Nov 10, 2022 (Gmt+09:00)
-
Food & BeverageIntake bets on alternative meat, zero-calorie drinks for future of food tech
South Korean food tech startup Intake Corp. sells a wide range of meat alternatives, such as plant-based egg substitutes and veg...
Nov 10, 2022 (Gmt+09:00)
-
Samsung GroupLawmakers’ move to amend law could rattle Samsung governance
South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell...
Nov 10, 2022 (Gmt+09:00)
-
BatteriesPOSCO Chemical completes world's largest cathode materials plant
POSCO Chemical will soon launch operations at its newly completed factory for cathode materials, the biggest of its kind in the ...
Nov 10, 2022 (Gmt+09:00)
-
RetailKorean retail brand F&F’s Chinese sales seen above $800 million
South Korean outdoor clothing retailer F&F Co. is expected to post 1.1 trillion won ($807 million) in sales revenue in China...
Nov 10, 2022 (Gmt+09:00)
-
RetailKorea's Lotte Mart and Lotte Super combine product sourcing
South Korea's Lotte Mart and Lotte Super will break away from the formats of hyper- and supermarkets and jointly raise the compe...
Nov 10, 2022 (Gmt+09:00)
-
Hydrogen economyKorea's SK E&S to produce 30,000 tons of liquid hydrogen per year
SK E&S, the energy affiliate of SK Group, from next year will start domestic output and distribution of up to 30,000 tons of...
Nov 10, 2022 (Gmt+09:00)
-
E-commerceCoupang posts first profit in 8 years after adopting rapid delivery
South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight y...
Nov 10, 2022 (Gmt+09:00)