Ananti At Busan Cove

Airlines Korean Air-Asiana merger to spur M&A among budget carriers

Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...

Corporate restructuring Lotte puts department store in Centum City, Busan on market

Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent gro...

Automobiles Genesis sponsors Busan International Film Festival

Hyundai Motor Co.'s premium brand Genesis said on Friday that it will continue its sponsorship of the 29th Busan International Film Festival (BIFF),...

Airlines Jin Air to launch daily flights on Busan-Nagoya route

South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...

Energy KOGAS executes first simultaneous LNG bunkering in Korea

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

Airlines Jeju Air seeks M&A, igniting race for top place in Korea's LCC market

Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...

Korean startups Korea to build startup campuses in Seoul, Busan by 2026

South Korea will establish startup hubs in Seoul and Busan, the country’s largest port city, by the first half of 2026 to build Asia’s N...

Automobiles Renault Korea begins mass production of Grand Koleos

Renault Korea announced on Tuesday that it has started mass production of the D-segment hybrid sports utility vehicle (SUV) New Renault Grand Koleos...

Automobiles Hyundai Inster, Kia EV3, Genesis Neolun shine at Busan auto show

BUSAN – Hyundai Motor Co., South Korea’s top automaker, on Thursday premiered the Inster, an all-electric crossover city car, the latest...

Automobiles Hyundai Motor releases Casper Electric teaser images

Hyundai Motor Co. on Tuesday released a teaser image of the electrified model of its first city sports utility vehicle (SUV) The Casper Electric.T...

Shipping & Shipbuilding HD Hyundai Marine Solution builds ship smartcare center in Busan

South Korea's HD Hyundai Marine Solution Co. established an HD SmartCare Busan Center for ship lifecycle management services and begun full-scale op...

Airlines Jin Air offers up to 15% discount on Japan routes

South Korea's low-cost carrier Jin Air announced on Friday that it will offer various benefits to passengers on its Japan routes until Mar. 24.Jin A...

Travel & Leisure Korea’s luxury resort market blossoms despite slow economy

South Korea’s luxury resort market seems to operate out of sync with the economy. High-end operators are opening swanky holiday resorts in Kor...

Travel & Leisure Ananti to go solo in Busan without Hilton

Ananti Inc. will end its six-year-long partnership with Hilton Hotels & Resorts by removing the global hotel giant's nameplate from its luxury s...

Leadership & Management Samsung’s Jay Y. Lee heads to Europe for partner meetup, Busan Expo

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to Europe as he seeks to tighten cooperation with Samsung’s key bu...

Electric vehicles Polestar 4 EV to be built at Renault’s Korean plant from 2025

Swedish electric vehicle maker Polestar will build its upcoming Polestar 4 SUV coupe at Renault Group’s manufacturing plant in South Korea fro...

Logistics HMM to open fastest shipping route from S.Korea to Indonesia

South Korea's HMM Co. on Tuesday said it will open a direct route connecting Busan with the Indonesian cities of Jakarta and Surabaya.The revamped I...

Automobiles Hyundai promotes Busan’s bid for 2030 Expo in New York with art cars

Hyundai Motor Group supports Busan’s bid to host the 2030 World Expo with IONIQ 5, IONIQ 6, and Genesis G80 covered with graffiti reading &l...

Business & Politics Hyundai promotes Busan’s bid for 2030 World Expo in India with IONIQ 5

Hyundai Motor Co. supported Busan’s bid to host the 2030 World Expo with IONIQ 5 covered with graffiti reading “Busan is Ready” in...

Leadership & Management SK Group commemorates chairman's 25th year since inauguration

SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....

Travel & Leisure Staying 5 hours on cruise ship in Busan raises sales 30%: study

With the resumption of international cruise ship travel to South Korea, domestic credit card company BC Card says daily sales in commercial district...

Energy GS Entec signs deal with global offshore wind power developer

GS Entec, an energy equipment manufacturer under South Korea’s GS Global Corp., on Monday said it signed a memorandum of understanding with th...

Shipping & Shipbuilding Avikus to unveil self-sailing marine taxi in Busan

Avikus, an autonomous ship navigation affiliate of South Korea's HD Hyundai Co., will apply its self-developed autonomous navigation solution to mar...

Airlines Korean Air resumes flights from Busan to Japan after three-year suspension

Korean Air Lines Co., the largest airline and flag carrier of South Korea, said on Tuesday that it would resume its operations on the Busan-Fukuoka ...

Electronics Samsung to open Galaxy Experience Spaces in seven cities

Samsung Electronics Co. announced on Tuesday that it will open the "Galaxy Experience Spaces" in seven cities spanning six countries. These spa...

Electric vehicles Renault to build new EV plant at its Korean base in Busan

BUSAN – French automaker Renault S.A. will build a new electric vehicle manufacturing plant in South Korea to meet growing demand for eco-frie...

Private equity Busan Equity Partners launches core minerals business in Philippines

Busan Equity Partners (BEP), a South Korean private equity firm, is partnering with Philippine mineral development company PGMPI to develop overseas...

Infrastructure Hyundai Rotem reveals actual product of hydrogen-powered train

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, participated in the largest domestic railway exhibition to showcase ad...

Shipping & Shipbuilding Samsung Heavy to establish R&D center in Busan

Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...

Business & Politics Crutches can't slow SK Chair Chey’s zeal for 2030 Expo in Busan

The largest business chambers of South Korea and Japan have agreed to cooperate on Korea’s bid to host World Expo 2030 in Busan and to deepen ...