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South Korea’s major conglomerates hold property assets worth 40 trillion won ($34.16 billion) with Lotte leading the list, CEO Score, a website that analyzes Korean conglomerates, said on July 3. Ac...
Korean Air said on July 3 it will open four new routes to China and the Philippines later this year to better serve customers. The national flag carrier plans to begin services on routes from Inc...
Hyundai Heavy Industries Group said on July 2 it has officially started the process to earn approval from anti-trust regulators for its proposed takeover of Daewoo Shipbuilding and Marine Engineering...
South Korea’s Trade Ministry said on July 1 it will deal sternly with a move by Japan to tighten the rules for exports of semiconductor and display materials to Seoul, voicing regrets over the Japane...
South Korea is making steady progress in key areas of the “fourth industrial revolution,” helping the country maintain its growth going forward, the government said on July 1. There has been a so...
Samsung Heavy Industries, a major South Korean shipbuilder, said on July 1 that it has clinched a $120 million deal to build a special-purpose vessel for a European company. The shipbuilder said ...
British American Tobacco said on June 27 it is betting big on robust exports from its South Korean production facility, bucking its slump in the domestic market. “BAT Korea will explore new expor...
Kumho Asiana Group, a South Korean airline-to-petrochemical conglomerate, said on June 27 it will begin the process to sell its airline unit next month as part of its broad restructuring efforts. ...
South Korean textile and chemical giant Hyosung Group and Saudi Arabian oil company Saudi Aramco signed a memorandum of understanding that includes potential partnership to build a carbon fiber facto...
Hyundai Glovis, a logistics unit of South Korea’s Hyundai Motor Group, on June 20 said it has set up a truck-based freight transport company in the United States. Through its US affiliate Glovis ...
Asiana Airlines said on June 20 it has added a A350 passenger jet to its fleet to better serve on international routes. Its ninth A350 will run on mid- and long-haul routes to cities like Los Ang...
Doosan Bobcat, a construction equipment unit of Doosan Group, said June 20 that it has paid off $150 million worth of loans earlier than scheduled to improve its financial status. The company sai...
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...
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
Seoul emerges top 20 in global startup ecosystem report
FSS finds no proof on alleged hacking attempts of Toss: sources
Chunlab launches health care services centering on feces analyzation
July 02, 2020
