Hanjin KAL Corp.

Logistics Hanjin expands GDC at Incheon Airport

South Korea's Hanjin Transportation said on Monday it expanded its global distribution center (GDC) at Incheon International Airport to meet the dem...

Logistics Korean logistics companies expand overseas businesses

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

Logistics Hanjin to open Mexico subsidiary

South Korea's Hanjin Transportation said on Friday it will establish a subsidiary in Mexico this year to expand its logistics market in Latin Americ...

Mergers & Acquisitions MBK wins enough stake in tender offer to control Korea Zinc

North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...

ASK 2024 Alternative investment experts to gather Oct. 16-17 at ASK 2024

South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...

Sovereign wealth funds Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

Logistics Hanjin, China's AWOT set up e-commerce logistics JV

Hanjin Transportation Co., a South Korean logistics company, said on Friday it has established an e-commerce logistics joint venture with China&rsqu...

Logistics Hanjin to provide logistics services for S.Korean SMEs in Vietnam

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, signed a memorandum of understanding (MOU) with the Small Enterprise and Mark...

Logistics Hanjin establishes subsidiary in Singapore

South Korea's Hanjin Transportation, a logistics arm of Hanjin Group, announced on Wednesday that it opened a subsidiary in Singapore to expedite ...

Logistics Hanjin expands European logistics bases

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Monday that it will expand its European bases, including establi...

Construction Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

Pension funds NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Real estate Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...

Logistics Hanjin, Tuushin Group to co-work for logistics in Mongolia

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Wednesday that it signed a memorandum of understanding (MOU) wit...

Airlines Korea’s Incheon Airport Corp. signs $3 billion deal to run Manila airport

South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...

Airlines Korean Air breaks ground on Asia’s largest aircraft engine MRO cluster

Korean Air Lines Co., South Korea’s No. 1 full-service carrier, said on Thursday it has begun construction of a $439 million aircraft engine m...

Mergers & Acquisitions Lotte puts Lotte Chemical Titan in Malaysia on market

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

Banking & Finance Korea Investment leads Mongolia Mortgage Corp.'s global bond issuance

Korea Investment & Securities Co. (KIS) announced on Tuesday its successful completion of the lead management for a $225 million global bond iss...

Mergers & Acquisitions Kakao Mobility's talks to acquire FreeNow in deadlock

Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...

Banking & Finance Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...

Executive reshuffles Kakao taps venture capital unit head as new CEO to lead reform

Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...

Batteries Hanwha to boost battery production equipment business

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...

Logistics Hanjin to strengthen logistics for K-fashion brands

South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Tuesday that it plans to strengthen Swoop, a logistics service o...

Logistics Hanjin to collaborates with China's AWOT in logistics

South Korea's Hanjin Transportation announced on Monday it pledged mutual cooperation with China's AWOT Global Corp. to enhance its logistics busine...

Future mobility Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

Airlines Asiana’s cargo unit sale faces tough hurdles before KAL merger

The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana’s backing of it...

Logistics Hanjin opens representative office in Mongolia

South Korea's Hanjin Transportation announced on Friday it has opened a representative office in Ulaanbaatar, Mongolia, to expand its logistics hu...

Mergers & Acquisitions Korea's Harim to divest of Hanjin KAL shares to fund HMM acquisition

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

Real estate Hanjin KAL to sell off its Waikiki Resort Hotel at $108 mn

South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US company AHI-CLG LLC a...

Banking & Finance Bank of Korea appoints new senior deputy governor

The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...