PT Jakarta Heritage Rasa Harum

Food & Beverage Nongshim captures young consumers in Indonesia

South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On November 15, Nongshim ...

Automobiles Kia holds exhibition reflecting on 80-year-history

Kia Corp., South Korea’s second-largest automaker, said on Thursday it opened a heritage exhibition "From Moments to Movement," showcasing its...

Corporate restructuring Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn

South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...

Food & Beverage BBQ Chicken to enter Indonesian market

Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, said on Monday that it signed a master franchise agreement with PT ...

Corporate strategy LG CNS establishes joint venture with Sinarmas in Indonesia

South Korea's LG CNS Co. said on Thursday that it established a joint venture LG Sinarmas Technology Solutions in Indonesia with Sinarmas Group in J...

Tech, Media & Telecom SK Telecom identifies illegal drones using AI

South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...

Aerospace & Defense South Korea to accept Indonesia’s KF-21 project cost cut proposal

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

Construction & Planning S.Korean gov’t selects six overseas cities for K-City Network

The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...

Korean food Lotte Mart debuts Korean street food store in Indonesia

South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...

Batteries LX International to buy Indonesia's PT AKP for nickel mining

LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...

Aerospace & Defense S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments

Indonesia, a partner of South Korea’s KF-21 fighter jet development project, has failed again to notify the Korean government of its plan to p...

Retail NS Shopping to support partner's Indonesian export

South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyo...

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...

Bio & Pharma Daewon Pharma to export $3 mn worth of Pelubi to Indonesia

South Korea's Daewon Pharmaceutical Co. will export its nonsteroidal anti-inflammatory drug (NSAID) Pelubi to the Indonesian market. It's South Kore...

Korean SMEs S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

IPOs Shinhan Securities handles listing of private hospital in Indonesia

Shinhan Investment & Securities announced on Thursday that its local subsidiary in Indonesia has organized the listing of private hospital RSCH ...

Rebidding Notice of Share Sales in PT Bayan Resources Tbk

Rebidding Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. Sellers: Korea Southern Power Co., Ltd.(“KOSPO”), K...

Aerospace & Defense Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...

Extension Notice of Share Sales in PT Bayan Resources Tbk

Extension Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. As part of efforts to ensure a successful deal, we are extendin...

Automobiles Hyundai's journey from the Pony to world's No.3 carmaker

South Korea’s Hyundai Motor Co. will open its first retrospective exhibition this week, chronicling its 50-year-long journey from its start as...

Mergers & Acquisitions Notice of share sales in PT Bayan Resources Tbk & Moolarben Joint Venture

Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. Sellers: Korea Southern Power Co., Ltd.(“KOSPO”), Korea S...

Automobiles Hyundai’s N Vision 74 praised at Italy’s classic-concept car show

Hyundai Motor Co., which has stunned the auto industry with its rebuilt 1974 Pony Coupe concept, has again enthralled car enthusiasts with its ...

Companies Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

Construction S.Korea's Hyundai Genuine opens parts distribution center in Jakarta

Hyundai Construction Equipment Co., the machinery parts-making subsidiary of South Korea's Hyundai Genuine, on Wednesday said it recently opened a p...

Airlines South Korea's Jeju Air to open up Indonesian skies

Jeju Air Co. and Indonesia's largest airline corporation will work together to develop flight routes and discover new tourism business opportunities...

Retail Lotte Mart opens 50th Indonesian store in Serpong

Lotte Mart said on Thursday that it would open its 50th store in Serpong, Indonesia. The store is 4,628 square meters, with more than 80% of the tot...

Venture capital Homegrown VCs turn to Korean American startups in search of unicorns

Korean venture capital firms are ramping up their investments in Korean American-owned startups in the United States, mostly in Silicon Valley.The aim...