DRI

Real estate Global real estate market poised for strong rebound: Savills

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

Electronics Samsung Bespoke AI Combo targets European market

Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...

Private equity Korean PE funds shrink in 2023 for first time in 7 years

South Korean private equity investments declined last year for the first time since 2016 due to interest rate hikes, high inflation and the Korean w...

Korean food Daesang to scale up meal kits, kimchi production in Vietnam

Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...

Korean food Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy

Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls, is often referred to as the “black semiconductor” in South Kor...

Economy In Korean food prices, everything’s up: Now it’s dried seaweed's turn

First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...

Batteries Young Poong, AJ Networks to form battery recycling chain in Europe

South Korea’s non-ferrous metal company Young Poong Co. has teamed up with AJ Networks to establish a secondary batteries resource circulation...

Venture capital Korean startup investments rapidly dry up in wake of SVB debacle 

The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean sta...

Chemical Industry KCC launches Korea’s first organic water-based fire-resistant paint

South Korea's chemical and auto parts manufacturer KCC Corp. said on Thursday that it has launched the Firemask AQ Series, the first organic water-b...

Aerospace & Defense KAI, KARI collaborate in developing Korean UAM 

Korea Aerospace Industries Ltd. (KAI) has signed an agreement with the Korea Aerospace Research Institute (KARI) to help KARI perform a dry run test...

Energy SGC Energy signs 10-year contract to supply liquid CO2

South Korea’s SGC Energy Co. recently signed a contract to supply liquid carbon dioxide to a domestic company for 10 years starting January 20...

Bio & Pharma Helixmith acquires US patent on new freeze-dried formulation

South Korea's biotech company Helixmith Co. said Wednesday it has developed and patented a new freeze-dried formulation for Engensis (VM202), a non-...

Mergers & Acquisitions Samsung looks to acquire bio company, reviews botox maker Hugel

Samsung Group is looking to buy a biopharmaceutical company as the top South Korean business conglomerate is resuming merger and acquisition activit...

Mergers & Acquisitions Korean companies sit on record dry powder, may open M&A floodgates

South Korea’s major companies are sitting on a record amount of cash reserves, setting the foundation for the merger and acquisition (M&A)...