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Corporate restructuringKakao to tighten grip over units, rethink horizontal culture
Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., said on Monday it will abandon it...
Dec 11, 2023 (Gmt+09:00)
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Supply chainSouth Korea to launch $7.6 bn supply chain fund, make urea locally
South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with s...
Dec 11, 2023 (Gmt+09:00)
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EconomyS.Korean newly married couples’ birth rate at record low
South Korea’s fertility rate among newly married couples, who account for most of the country’s newborns, hit a trou...
Dec 11, 2023 (Gmt+09:00)
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Korean gamesKrafton to introduce AI characters in PUBG
South Korea's game developing and publishing giant Krafton Inc. plans to introduce virtual characters using generative AI in the...
Dec 11, 2023 (Gmt+09:00)
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MetaverseUAE, Korea’s Naver Z join hands for virtual reality tech
South Korea’s Naver Z Corp., the operator of virtual world platform Zepeto, said Monday it will join forces with the Unite...
Dec 11, 2023 (Gmt+09:00)
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Korean startupsKorea’s Growth Champions 2024 by Statista, Korea Economic Daily
Statista, the world’s leading data and intelligence company, has teamed up with The Korea Economic Daily to identify South...
Dec 11, 2023 (Gmt+09:00)
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Korea’s Growth Champions 2024 list by Statista, Korea Economic Daily
List of Korea’s Growth Champions 2024 Rank Company Absolute Growth Rate Compound Annual Growth Rate (CAGR) R...
Dec 11, 2023 (Gmt+09:00)
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Electric vehiclesCarmakers to expand affordable EV, hybrid lineups in Korea
Carmakers in South Korea are slated to unveil new electric vehicle models at cheaper prices next year to revive the sputtering E...
Dec 11, 2023 (Gmt+09:00)
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Corporate strategySamsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower w...
Dec 11, 2023 (Gmt+09:00)
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Bio & PharmaSK Bioscience applies Phase 3 trials in US for pneumococcal vaccine
South Korea's SK Bioscience Co. announced on Monday that it submitted the Investigational New Drug (IND) application for the Pha...
Dec 11, 2023 (Gmt+09:00)
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Chemical IndustrySamyang launches industrial water treatment products
South Korean chemical and food company Samyang Corp. announced on Monday that it released new industrial water treatment materia...
Dec 11, 2023 (Gmt+09:00)
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Foreign exchangeKorea, Indonesia to facilitate bilateral trade in won, rupiah
The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from n...
Dec 11, 2023 (Gmt+09:00)
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Bio & PharmaDaewoong exports $92.4 mn Depot injection tech to UAE
South Korea's Daewoong Pharmaceutical announced on Monday that it exported its technology for clinical development and commercia...
Dec 11, 2023 (Gmt+09:00)
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AutomobilesLG Uplus, Toyota Motor Korea team up for EV chargning
South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehic...
Dec 11, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia unveil snow tire-transforming technology
Hyundai Motor Co. and Kia Corp. unveiled a tire technology that can transform regular tires into snow tires with the simple push...
Dec 11, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia’s car exports to top 2 mn units for 1st time in 7 years
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, are set to export more than 2 million cars in 2023 ...
Dec 11, 2023 (Gmt+09:00)