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Hanjin Heavy Industries & Construction said Nov. 6 it has won a 70-billion-won ($60 million) order to build the country’s first multipurpose very large oil spill response vessel. Under the deal w...
Celltrion announced on Nov. 5 that it will start phase 3 clinical trials of its patch-type donepezil, a medication that aims to treat people with Alzheimer’s disease, jointly with local drugmaker Icu...
Sales and profit of South Korean companies slowed down significantly in 2018 from a year earlier, though their financial stability improved slightly, a central bank report showed Nov. 5. In 2018,...
Imported car sales in South Korea rose 6.2 percent on-year last month helped by new models, but Japanese brands still struggled feeling the pinch of a boycott amid trade tensions between Seoul and To...
Philip Morris Korea announced Nov. 4 that it has launched a project to push forward its vision of a smoke-free future in Daegu City and Gyeongbuk region. The ‘Smoke-Free City’ project will last unti...
The total value of goods purchased via online shopping in South Korea rose 22.3 percent in September from a year earlier, government data showed Nov. 4. The total value of online transactions rea...
STX Corp., a South Korean general trading firm, said Nov. 4 that it will beef up its nonferrous metal trading business through its wholly-owned subsidiary amid rising demand for electric vehicle batt...
Major South Korean listed firms are expected to see their profitability turn for the better in 2020 on a rebound in global chip demand and low material costs, a market tracker said Nov. 4. The co...
Amid fierce competition, South Korean low-cost carriers are seeking to attract more passengers by upgrading their in-flight services and diversifying routes. They had previously focused on no-frills...
South Korean mobile carrier KT is planning to establish a high-tech rescue center on a popular trekking course in the Himalayas to ensure the safety of those trekking the mountainous region in Nepal....
Bio company SillaJen announced Oct. 31 it will pay back 110 billion won (94.25 million), which it received by issuing convertible bonds, to Kiwoon Securities in March. “The annual interest rate for ...
South Korea’s once-lucrative duty-free industry revealed poverty in the midst of plenty last week when Doosan said it was shutting down its duty-free stores, following in the footsteps of Hanwha Grou...
SK Innovation said Oct. 31 its third-quarter net profit tumbled 62 percent from a year earlier on inventory losses. Net profit stood at 174.2 billion won ($149 million) on a consolidated basis in...
Hyundai Motor said Oct. 31 it has launched its ix25 sport utility vehicle in China to help revive sales in the world‘s biggest automobile market. The ix25 compact SUV comes with a 1.5-liter gasol...
A top executive of tobacco giant Philip Morris International said the company plans to continue leading the heat-not-burn cigarette market and ultimately realize its vision for a smoke-free future. ...
S. Korean startups use M&As to improve apps, services
Samsung sees market share improve in Japan in Q3
Celltrion Pharm posts W47.43 b sales in Q3
CJ denies rumors it plans to sell Olive Young for W500b
Naver shares soar on Line-Yahoo Japan merger talks
Iljin Materials receives W600b from STIC Investment
Samsung Biologics receives ISO certification
Samsung SDS holds developer conference in Seoul
November 17, 2019
