protection of the environment

Private equity MBK-owned Homeplus files for corporate revamp with Seoul court

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...

Private equity EQT targets healthcare, technology, business service providers in Korea

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

Tech, Media & Telecom SK C&C unveils digital SHE consulting service

South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service,  the artificial intelligence (AI) platform tha...

Entertainment Korean choreography copyrights to be protected by Naver Z deal

South Korean dance choreography copyrights will be protected through an agreement between Naver Z Corp., the operator of Asia’s largest metave...

Future mobility Kakao Mobility, Samsung C&T to co-work on robot, parking solutions

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, announced on Friday that it signed a business agreement with Samsung C&...

Banking & Finance Mirae Asset gets int'l privacy protection certification

South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...

Tech, Media & Telecom S.Korea tops 5G mobile gaming environment in E.Asia

South Korea led the game score in East Asia with 90.06 out of 100 during the first half of this year, followed by China with 85.64 and Japan with a ...

ESG Netmarble acquires ISO 45001 certification

Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...

ESG LG releases sea lion-themed animal conservation video in Times Square

LG Electronics Inc. announced on Tuesday that it has unveiled a sea lion-themed video for its “The LG Endangered Species Series” campaig...

Korean chipmakers Samsung strives to prevent musculoskeletal disorders in the workplace

Samsung Electronics Co., the world’s largest memory chipmaker, is striving to prevent musculoskeletal disorders (MSDs) in its workplace to imp...

Mergers & Acquisitions GS E&C in talks to sell entire stake in GS Elevator to Chinese firm

South Korea’s GS Engineering & Construction Corp. (GS E&C) is in talks to sell its entire stake in GS Elevator Co. to a Chinese strate...

Tech, Media & Telecom SK Telecom, Nokia to cooperate on AI-based network tech

South Korea's SK Telecom Co. announced on Monday that it signed a memorandum of understanding (MOU) with Nokia to commercialize the wired network AI...

Corporate investment Samsung invests in US AI security startup Protect AI

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

Corporate strategy Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation

Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executives to ramp up effort...

Electronics LG screens World Environment Day campaign in New York, London

LG Electronics Inc. announced on Monday that it has screend the World Environment Day (June 5) campaign video on its outdoor billboards in New York'...

Chemical Industry LG Chem, KCC partner to develop eco-friendly paint

South Korea's LG Chem Ltd. announced on Monday that it signed a memorandum of understanding (MOU) with KCC Corp. on May 23 to research and develop e...

Banking & Finance NH Investment gets APEC Cross Border Privacy Rules

South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

Korean stock market Korea’s ELS market to stagnate after HSCEI debacle: KOFIA chairman

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

Regulations S.Korea to scrap capital gains taxes on financial products

South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...

Korean games Nexon fined over MapleStory in-game item selling

South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in...

Korean chipmakers Samsung Elec moves a step closer to CXL commercialization

Samsung Electronics Co. seeking to lead the next-generation memory market has moved a step closer to commercializing computer express link (CXL)-bas...

Machinery Daedong unveils self-running combine harvester

South Korea's leading agricultural machinery maker Daedong Corp. has released the nation’s first combine harvester, a machine that cuts and th...

Tech, Media & Telecom KT develops network diagnostic solutions

South Korea's KT Corp. has developed a solution called "DX Care" that allows for easy and fast diagnosis of corporate intranet quality issues. KT's ...

Carbon neutrality SK Rent-a-Car to replace internal combustion engine cars with EVs

SK Rent-a-Car plans to overhaul its existing fleet of internal combustion engine vehicles in favor of electric cars. The company aims to capitalize ...

Bio & Pharma Daewoong gets patent of Nabota as migraine drug in US

South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it has received a patent from the US Patent and Trademark Office for the use of...

Automobiles Hyundai, Kia unveil automatic cleaning method for camera sensors

Hyundai Motor Co. and Kia Corp. on Wednesday announced their development of rotator cam technology using a small wiper and rotation of the cover gla...

Automobiles Hyundai Mobis, Israel's Autotalks to develop V2X for self-driving cars

Hyundai Mobis Co., the world’s sixth-largest auto component maker, is slated to partner with Israeli chipset maker Autotalks Ltd. to develop 5...

Economy Seoul’s slow but enduring push to be Asia’s premier financial hub

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

Regulations Fractional investing to gain traction in Korea with green light from FSC

Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...

Corporate strategy Lotte Group's Shin stresses unlearning as key to innovation

Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...