Mom's Touch

Private equity Korea’s Hwasung Cosmetics shines with Affirma Capital’s Midas touch

Singapore-based private equity firm Affirma Capital has turned Hwasung Cosmetics into an emerging original design manufacturer (ODM) for global beau...

Korean food Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

Mergers & Acquisitions Korea Zinc ups share buyback price, volume to counter MBK

Korea Zinc Inc. said on Friday it will buy back more shares at a higher price than originally planned to counter North Asia-focused private equity f...

Travel & Leisure Korean Telco giant KT’s Midas touch with hotel business  

KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...

Economy South Korea’s 2025 minimum wage rises 1.7%; SMEs seen suffering

South Korea has set next year’s hourly minimum wage at 10,030 won ($7.3) – a 1.7% increase from this year’s 9,860 won, the second-...

Korean food Mom's Touch adds two new restaurants in Mongolia

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...

Food & Beverage Mom's Touch opens new flagship store in Myeongdong

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it opened a new flagship store in Myeongdong, Jung-g...

Tech, Media & Telecom LG Uplus, Mobirix to jointly develop car infotainment

South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...

Food & Beverage Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

Food & Beverage Mom's Touch Tokyo pop-up store visitors exceed 30,000

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...

Foreign exchange Yen hits 15-year low vs Korean won on less hawkish BOJ

The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...

Food & Beverage Mom's Touch to open pop-up store in Tokyo

South Korean homegrown burger and chicken brand Mom's Touch & Co. on Wednesday announced that it plans to open its first overseas pop-up store "...

Automobiles Hyundai Mobis develops one-touch automatic parking tech

South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...

Bio & Pharma Management dispute over S.Korea’s CTC Bio heats up

A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as another medical company h...

Food & Beverage Mom's Touch signs franchise agreement with Mongolian firm

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it has signed a master franchise agreement with loca...

Electronics Samsung Display unveils touch-enabled OLED laptop PC screen

A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...

Food & Beverage PAG joins race to buy Korean burger chain Mom's Touch

Pacific Alliance Group (PAG), a Hong Kong-based alternative investment firm, joined the bidding on Jan. 10 to acquire a 100% stake in South Korean h...

Korean food Mom's Touch opens 2nd restaurant in Bangkok

South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...

Fintech Kakao to challenge Naver, Apple for offline payment services

South Korea’s largest mobile payment app KakaoPay has bought a stake in the country’s No. 1 electronic payment system provider, accordin...

Mergers & Acquisitions McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

Foreign exchange Korean won touches 18-month low as Fed may raise rates sooner

South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...

Shipping & Shipbuilding SM Line sees light at the end of the tunnel: SM Group’s Woo

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

Automobiles Korean auto shares shine in gloomy stock market

South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...

Foreign exchange Korea stocks, won tumble as foreigners dump $1 bn in equity futures

South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...

Shipping & Shipbuilding Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see thei...

Tech, Media & Telecom Korean startup closer to winning Touch ID patent dispute with Apple

South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...