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CJ Group companies are planning to build two massive cultural facilities themed after Hallyu, or the Korean Wave of popular culture, just northwest of Seoul, company officials said on June 19. CJ...
GS Engineering & Construction said June 19 it has secured a $24 million project to build two solar power plants in Ukraine. The company will build a solar power plant with a capacity of 12.6 mega...
Korean Air said on June 19 it has signed a deal to purchase 30 B787 passenger jets to enhance its fleet, with the delivery set to begin next year. The firm signed a memorandum of understanding wi...
South Korea’s major refiners are likely to see weak earnings for the second quarter as they struggle to improve their margins, industry analysts here said on June 17. The benchmark Singapore comp...
South Korea’s biggest mobile carrier SK Telecom said on June 16 it will develop the sixth-generation network technology with Nokia and Ericsson, as the Korean government seeks to enhance economic tie...
An Incheon court on June 13 issued suspended prison terms to the widow and elder daughter of the late Korean Air Chairman Cho Yang-ho for smuggling luxury goods by making use of the airline’s planes....
SKC, a chemical unit of SK Group, said on June 13 it has decided to acquire KCF Technologies, the world’s top producer of copper foil for lithium-ion batteries, in a bid to diversify its business por...
LG Chem said on June 13 it will establish an electric vehicle battery joint venture with Geely Automobile Holdings in China in a push to tap deeper into the neighboring country’s fast-growing EV mark...
South Korea’s increasingly stringent environmental regulations are hobbling its steel industry, already beset by falling sales and rising raw material prices. Last week, three regional governments r...
South Korea’s tech giants including Samsung Electronics and SK hynix are increasingly on edge over the ongoing economic brinkmanship between the United States and China, in light of a reported wa...
The value of Big Hit Entertainment, the agency of the global K-pop sensation BTS, is estimated to be more than $1 billion, a local researcher said on June 6. According to a report released by the...
South Korea’s activist fund Korea Corporate Governance Improvement is likely to take legal action on the possible irregularities in Hanjin KAL ’s succession process. KCGI seeks to nominate an insp...
Corporate sales and profit growth slowed last year in the face of the decelerating export growth, while corporate financial health improved on reduced borrowing, central bank data showed on June 4. ...
An annual meeting of the world’s largest organization for air carriers kicked off June 2 for the first time in Seoul, bringing some 1,000 market leaders from 290 air carriers together to discuss the ...
South Korean battery maker LG Chem said June 2 its vice chairman hosted the firm’s first-ever recruitment event in Europe over the weekend, as part of efforts to search for global talent. On June 1,...
Samsung to ramp up Galaxy Fold production
Woongjin defers final bid for Coway to Oct.
Sae-A to acquire fiberboard maker Tailim Packaging
Video-streaming war heats up in S. Korea
YG faces W6b tax penalty as Burning Sun scandal unfolds
Aveva to upgrade integrated industrial software in digital push
Ghost Kitchen secures additional W9.2b
Medytox invests in US startup LifeSprout
September 19, 2019
