entry

Automobiles Kia aims to reclaim Europe with EV2, keeps K4 output unchanged in Mexico

Kia Corp., South Korea’s second-largest carmaker, will start producing its entry-level electrified model EV2 from its plant in Slovakia next y...

Food & Beverage Bibigo enters Australian supermarket chain Coles

South Korean food giant CJ CheilJedang Corp. said on Monday that its Bibigo products will be sold in Coles, Australia’s second-largest superma...

Markets Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

Energy SK-backed TerraPower breaks ground on nuclear power plant in US

Bill Gates’ nuclear energy firm TerraPower LLC, backed by South Korean conglomerates SK Inc. and HD Hyundai Co., has broken ground on its firs...

Energy KEPCO teams up with Kyrgyzstan for new energy technology

Korea Electric Power Corp. (KEPCO), the state-run utility company, has joined hands with Kyrgyzstan for new energy businesses including high-voltage...

Construction HD Hyundai to supply 60 excavators to Sudan

South Korea's HD Hyundai Construction Equipment Co. announced on Wednesday that it recently signed a contract to supply 60 construction equipment un...

Bio & Pharma Biopharma M&As: Next big thing for South Korean manufacturers

When Orion Corp., known for its signature snack cake Choco-Pie, announced a $415 million deal to acquire biotech startup LegoChem Biosciences Inc. l...

Automobiles Hyundai partners with University of London for African market strategy

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

Bio & Pharma S.Korea's DuChemBio localizes core materials of radiopharmaceuticals

South Korea's DuChemBio Co. announced on Thursday that it has obtained final approval for a recovery and purification facility for oxygen-18 concent...

Artificial intelligence Vuno's brain imaging AI medical device secures FDA certification

South Korea's medical device startup Vuno announced on Tuesday that its AI-powered brain quantification device Vuno Med-DeepBrain has received the 5...

Beauty & Cosmetics S.Korea's ModaModa partners with Poland's MBF Group

South Korean haircare brand ModaModa has partnered with Poland's MBF Group S.A. for distribution, signifying its entry into the expanding European b...

Tech, Media & Telecom Naver Smart Store's 100 mn won club reaches 45,000 members

Around 45,000 sellers on South Korea's Naver Smart Store as of June raked in annual sales of 100 million won ($72,250) or more, or 7.9% of the overa...

Electric vehicles Hyundai Motor eyes purpose-built vehicle market entry

Hyundai Motor Co. has launched a task force team to study its foray into the purpose-built vehicle (PBV) market, in which its sister company Kia Cor...

Logistics Coupang to host business briefing on Taiwan market entry

South Korea's e-commerce leader Coupang Inc. announced on Friday that it plans to conduct a business briefing focused on aiding domestic small and m...

Bio & Pharma Daewoong applies for approval of Envlo in Saudi Arabia

South Korea's Daewoong Pharmaceutical Co. announced on Friday that it has submitted an application for regulatory approval of its new diabetes treat...

Travel & Leisure S.Korea's pet-friendly tourism sees brisk growth

More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...

Mergers & Acquisitions SK Energy acquires logistics platform Goodsflow

South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...

Content platforms S.Korea’s contents export size surpasses home appliances, textiles

South Korea's contents export size recorded $13.3 billion last year, surpassing the export values of home appliances ($8 billion) and textile produc...

Retail CU marks first entry of S.Korean convenience store into Kazakhstan

South Korean convenience store heavyweight, CU, has announced its first foray into Central Asia, beginning with Kazakhstan. The retailer's goal is t...

COVID-19 Korea to lift most COVID-19 rules with lower crisis level

South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...

Business & Politics S.Korea to grant visa-free entry to transit passengers from abroad

Transit passengers from select countries from Sunday can enter South Korea without a visa, and this waiver from May 15 will apply to a wider range o...

Korean startups S.Korean gov't to support domestic startups in Saudi Arabia entry

South Korea's Ministry of SMEs and Startups held on Wednesday the "K-Deep Tech Startup Meetup" event at Startup Alliance & Space in Gangnam dist...

Bio & Pharma S.Korea’s KOTRA to aid domestic pharmaceutical firms in Japan entry

The government-run (South) Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that it will hold an export consultation meeting for...

Korean stock market South Korea's Kosdaq Global Index set to add more stocks

Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...

Fintech LINE, Mizuho call off plan to set up mobile-only bank in Japan

LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveil...

Markets Kim&Chang sets to enter Indonesia's legal market

Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in ...

Banking & Finance BC Card eyes Central Asian payment market entry this year

South Korea's financial services company BC Card said on Wednesday that it would seek to enter the Central Asian market this year on the back of its...

Bio & Pharma CMG Pharma acquires animal nutrition company ING Medix

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, said on Monday that it is moving into the pet nutrition supplement market by acquirin...

COVID-19 S.Korea begins PCR testing of all passengers coming from China

South Korea on Monday implemented tougher quarantine measures on arrivals from China like a PCR test for COVID-19.Thus quarantine authorities requir...

Food & Beverage South Korean burger franchise Lotteria looks to the US for expansion

South Korea’s fast food franchise Lotteria is planning to enter the United States, home to the world’s best-known burger franchises.&nbs...