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The head of the German antitrust regulator has said a key issue in deciding the fate of the acquisition of Daewoo Shipbuilding & Marine Engineering by Hyundai Heavy Industries is whether the deal res...
Air Busan topped other low-cost carriers in customer satisfaction in the National Customer Satisfaction Index survey, the company said on March 19. The carrier beat five rivals to earn the highes...
Sales at South Korean duty-free stores hit a new monthly high in February on increased purchases by Chinese tourists during the Lunar New Year holiday, industry data showed on March 18. The combi...
South Korea joined other countries to ban all Boeing 737 Max aircraft from its airspace due to safety concerns, the Transport Ministry said on March 15. The ministry issued a Notice to Airmen to ...
Korean Air said on March 14 that it will not operate B737 Max 8s to be delivered in the coming months until safety issues are fully settled. The carrier was scheduled to add the passenger jets ma...
Seoul Semiconductor , a leading LED firm in South Korea, said on March 12 it has received the 2019 LEDs Magazine Sapphire Award for its Acrich NanoDriver Series ultraminiature LED drivers. The awar...
Korean entertainment giant CJ ENM announced on March 11 it has teamed up with Big Hit Entertainment, the management agency of the sensational K-pop boy band BTS, to launch an idol band on the global ...
Local shipyards called on steelmakers on March 7 to refrain from raising prices of thick steel plates used to build vessels until their businesses are back on track, claiming that any increase will l...
Korean oil refiners, led by SK Innovation, are expecting their earnings to improve down the road on the back of a rise in refining margins, industry sources said on March 7. SK Innovation and oth...
Korea’s government said on March 6 it is pushing to release more information on various harmful substances found in e-cigarettes. The Ministry of Food and Drug Safety said it plans to come up wit...
The state-run Korea Hydro & Nuclear Power Co. on March 6 vowed to penetrate deeper into the Turkish market for nuclear plant equipment along with 22 small-and medium enterprises. KHNP said its ex...
The chief of a major Korean business lobby on March 6 urged the government to take a multi-pronged approach to help tackle low growth and the widening income gap facing the country. In a statemen...
Despite the South Korean government’s ambitious announcement on creating a hydrogen economy this year, oil refiners appear to be taking a passive stance toward the plan, citing questions over profita...
Sales of cigarettes in Korea rose 14.6 percent in January from a year earlier, data showed on Feb. 28, despite an anti-smoking campaign and higher prices. Korean smokers purchased 292 million 20-cig...
SK Engineering & Construction, an affiliate of the country’s top refiner SK Innovation, said on Feb. 28 that it has won a US$1.2 billion deal to build an oil storage facility in the United Arab Emira...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
