Bon Om Touk water festival

Mergers & Acquisitions LG Chem to sell water filter business to Glenwood PE for $692 million

South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...

Korean startups Global startup festival ComeUp to be held in December

The South Korean Ministry of SMEs and Startups announced on Monday that it will host the global startup festival ComeUp 2024 at COEX, Seoul on Decem...

Food & Beverage HiteJinro sees annual soju exports to Cambodia grow 31%

HiteJinro Co., South Korea’s leading soju maker, resumed its Jinro EDM Festival at Cambodia’s Bon Om Tuk water festival after a four-y...

Retail 11Street to host grand shopping festival in November

South Korea’s e-commerce platform 11Street Co. will hold its annual Grand 11 shopping festival from November 1 to 11. Since 2008, the company...

Logistics Hyundai Glovis introduces EV drill lance on car carriers

South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...

Travel & Leisure Lotte Hotels & Resorts to upcycle used PET bottles

South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...

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),...

Culture & Trends Suwon Hwaseong Cultural Festival to be promoted as global event

The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...

Electronics LG NOVA hosts Innovation Festival in US

LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednesday and Thursday at ...

Culture & Trends Korea to launch regular K-content festival in June

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Chemical Industry Samhwa Paint launches anti-rust product Knok-Stop

South Korea's Samhwa Paint Industrial said on Wednesday that it has introduced a new water-based primer, Knok-Stop, designed to convert rust on meta...

Mergers & Acquisitions GS E&C in talks to sell entire stake in GS Elevator to Chinese firm

South Korea’s GS Engineering & Construction Corp. (GS E&C) is in talks to sell its entire stake in GS Elevator Co. to a Chinese strate...

Electronics LG Elec opens LG Labs experience pop-up zone

LG Electronics Inc. announced on Wednesday that it will operate the "Wow Life's Good Lab" pop-up zone at Ground 220 in Yeongdeungpo-gu, Seoul, until...

Shipping & Shipbuilding Hanwha Ocean launches large offshore WTIV

South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...

Foreign exchange Navigating choppy waters: Dollar-won FX forecasting  

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

Retail Starfield launches 4th annual balloon festival with iconic character displays

Starfield, a chain of large shopping malls owned by Shinsegae, a South Korean retail company, announced on Friday that its 4th annual balloon festiv...

Electronics Samsung showcases The Freestyle Zone at camping festival

Samsung Electronics Co. announced on Friday that it set up the experience zone for the portable screen The Freestyle Second Generation at the Go Out...

Food & Beverage Pepero enters Thailand’s King Power Duty Free

South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...

Future mobility Hyundai, Toray to team up to develop mobility materials

Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...

Batteries POSCO Holdings, KNOC to jointly secure lithium in Canada

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...

Food & Beverage Korea’s Orion to ship bottled water to China to challenge Evian

Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...

Construction Ssangyong E&C wins deals for two Dubai luxury residences

Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...

Electronics Samsung gets AWS platinum certification for water stewardship

Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...

Energy CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal

China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...

Korean SMEs S.Korean boiler firms expand exports

Despite a global economic slowdown, South Korea's overseas exports of boilers and water heaters increased 4.9% year over year by $478.3 million in 2...

Electronics LG Electronics to upgrade your bathroom with high-tech appliances

LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, ma...

Electronics Samsung unveils Galaxy Tab Active5 enterprise version

Samsung Electronics Co. announced on Friday that its enterprise version of the tablet Galaxy Tab Active5 started to sell on business-to-business (...

Shipping & Shipbuilding Hanwha Ocean develops draft measuring with drones

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...

Electronics LG Elec named best top-load washer in US

LG Electronics Inc. 's washing machines have been selected as the Best High-Efficiency Top-Load Washers by Consumer Reports in the US, according t...

K-pop CJ ENM to hold KCON Hong Kong in March

South Korea’s entertainment powerhouse CJ ENM Co. announced on Thursday that it will hold its annual K-pop festival KCON in Hong Kong for the ...