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Nearly half of the restaurants that newly opened in 2013 had gone out of business by September this year, data showed Oct. 3. Around 15,000 of the 31,000 restaurants, cafes and bars that launched...
South Korean drugmaker Daewoong Pharmaceutical said Oct, 2 it has won approval from European authorities for the sale of its botulinum toxin product. The European Commission accepted Daewoong’s a...
Samsung BioLogics has won a lawsuit against Switzerland-based Lonza to nullify its patents involving its cell line development technology in South Korea, according to sources Oct. 1. The court noted...
Shinsegae International announced on Sept. 30 that it will start selling its cosmetics brand Vidi Vici at Singapore’s Changi Airport from Oct. 1. According to airline reviewing and rating website Sk...
Renault Samsung Motors said Sept. 30 it will reduce production at its sole local plant from next month amid lower demand for its vehicles. The carmaker plans to lower the units per hour volume to...
Hyundai Motor said Sept.30 it has hired an aeronautics expert to advance its urban air mobility business. The carmaker has appointed Shin Jai-won, 61, as executive vice president and head of its ...
SK Innovation on Sept. 29 expressed regret over the patent infringement lawsuit recently filed against it by LG Chem with a US court, vowing a strong response as the legal battle rages on between the...
The Korean German Chamber of Commerce and Industry on Sept. 27 successfully held its “5th KGCCI Innovation Awards” ceremony at the floating island Sebitseom in Seoul. “We are proud to recognize comp...
South Korean biotech firm Genexine announced on Sept. 27 that it has signed a contract with the Thai company KinGen Holdings to establish a 50:50 joint venture named KinGen Biotech. KinGen Holdings ...
Celltrion Healthcare on Sept. 27 announced its decision to expand sales in the Middle East. He company has got approval to exclusively supply Remsima, its version of Johnson & Johnson’s Remicade fro...
Renault Samsung Motors said Sept. 26 the Twizy ultracompact electric vehicle will be locally produced starting next month. The Twizy EV was originally produced at Renault’s plant in Valladolid, S...
Samsung Heavy Industries a major shipbuilder here, said Sept. 26 it has developed the world’s first Aframax crude oil tanker powered by fuel cells. The company said it had acquired approval in pr...
Hyundai Motor said Sept. 26 that its joint venture with Swiss hydrogen company H2 Energy has been officially launched as it looks to expand its presence in Europe’s environment-friendly commercial ca...
South Korea’s top convenience store operator BGF Retail on Sept. 25 announced that it will open its first CU outlet in Vietnam next year. “We will actively enter emerging markets with high-growth po...
SK Engineering & Construction said Sept. 25 it will set up a joint venture with US-based Bloom Energy for the production of solid oxide fuel cell. The 49:51 JV, to be set up in November, will provid...
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
Hanwha’s investment in Overair gets all-clear signal for takeoff
Half of Hyundai Kia cars sold in US are SUVs
KT’s epidemic prevention platform launches in Kenya
December 10, 2019
