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[THE INVESTOR] Following the revision of the licensing system for low-cost carriers, the government said it will complete a review of license applications for new LCCs by the first quarter next year...
[THE INVESTOR] Korean education startup SmartStudy, which owns intellectual property rights of hit animated characters including Pinkfong, is preparing to go public in 2020, according to industry so...
[THE INVESTOR] Korean retail giant Hyundai Department Store on Oct. 31 announced that its first duty-free store in Seoul will start operations from tomorrow. Hyundai Department Store Duty Free has ...
[THE INVESTOR ] Korean retail giant Shinsegae Group has secured funds worth 1 trillion won (US$877.42 million) from two global private equity firms to expand its presence in the e-commerce market he...
[THE INVESTOR] Korean massage chair maker Bodyfriend on Oct. 30 revealed its new brain massaging technology during a press conference in Seoul. “We are the first company in the world to introduce b...
[THE INVESTOR ] Korea’s retail sales increased in September from a year earlier thanks to robust sales during the Chuseok holiday season, government data showed on Oct. 30. The combined sales of...
[THE INVESTOR] Woongjin Group announced on Oct. 29 that a consortium led by it will buy back water purifier rental firm Coway, which it had sold in 2012, for 1.68 trillion won (US$1.47 billion). Th...
[THE INVESTOR] Incheon International Airport announced on Oct. 28 it started detailed research on the country's first arrival duty-free shop, which will tentatively open in May. The move came as th...
[THE INVESTOR] CJ Logistics has decided to form a consortium with Korean private equity firm STIC Investment to acquire German-based logistics company Schnellecke, according to industry sources on O...
[THE INVESTOR] Taiwan-based snack food giant Want Want Group is the latest to submit a preliminary bid to acquire Woongjin Foods from private equity firm Hahn & Co, according to industry sources on ...
[THE INVESTOR] Haimarrow Food Service, a local hamburger franchise operator, announced on Oct. 25 that it has decided to officially enter the US before the year-end. Established in 2004, it is know...
[THE INVESTOR] Korea’s leading snack maker LOTTE Confectionery announced on Oct. 24 that it has decided to acquire L&M Mayson, a top bakery firm in Myanmar. The Korean company will buy 80 percent s...
[THE INVESTOR] Lotte Group on Oct. 23 announced that it will inject around 50 trillion won (US$44 billion) in all of its foreign and domestic business units over the next five years. “Our funding p...
[THE INVESTOR] Police said on Oct. 24 they have referred the vice chairwoman of Korean confectionery maker Orion Group to the prosecution recommending she be charged for embezzlement. Lee Hwa-ky...
[THE INVESTOR] Philip Morris Korea on Oct. 23 unveiled two new versions of its heat-not-burn smoking devices -- IQOS 3 and IQOS 3 Multi. “Based on customer feedback, we improved features like perfo...
Korean startup guru urges healthier VC-backed exit market
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Woori Financial to set up VC unit this year
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
June 21, 2019
