regional headquarters

Real estate S.Korean gaming giant Netmarble eyes headquarters building sale

Netmarble Corp., a leading South Korean gaming company, is seeking to sell its headquarters building in Seoul, which could fetch up to 800 billion w...

Bio & Pharma Celltrion expands footprint in Latin America with flagship oncology drugs

South Korea’s biopharmaceutical giant Celltrion Inc. has solidified its presence in South America after winning supply contracts for its flags...

Real estate Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower

Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...

Real estate Kumho Petrochemical's Seoul headquarters put on market

IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up for sale – a ...

Medical devices Middle East: New land of opportunity for Korean medical devices

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

Banking & Finance Hanmi Bank rises from Koreatown lender to regional bank

It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...

Beauty & Cosmetics Cosmax China to build new headquarters in Shanghai

Cosmax Inc., South Korea's cosmetics original development and design manufacturer (ODM), will build a new headquarters in Shanghai's Xinzhuang Indus...

Travel & Leisure Yanolja Cloud Solution relocates headquarters to India

South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...

Artificial intelligence Naver to set up Middle Eastern headquarters in Saudi Arabia

Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...

Real estate Daishin Securities shelves main office building sale to NH-Amundi

Daishin Securities Co. has called off a plan to sell its headquarters building in a central business district of Seoul to NH-Amundi Asset Management...

Bio & Pharma CHA Healthcare incorporates Singapore's SMG as subsidiary

South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...

Korean games Com2us BTS Cooking On surpasses 1 mn global downloads

South Korea's Com2uS Corp. announced on Monday that its new cooking simulation game, "BTS Cooking On: TinyTAN Restaurant," reached 1 million downloa...

Banking & Finance Shinhan Financial opens new headquarters in Ho Chi Minh City

South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...

Real estate Samsung likely to buy The Asset office tower for more than $724 mn

Samsung Group is poised to acquire the Samsung Fire & Marine Insurance Co. headquarters building in Seoul for more than 1 trillion won ($724.4 m...

Sovereign wealth funds KIC eyes direct lending with high return potential: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...

Corporate strategy Hyundai Motor unveils detailed $3.4 billion GBC new headquarters plan

South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or...

Bio & Pharma HK inno.N to release K-CAB in MENA market

South Korean bio-health company HK inno.N announced on Tuesday that it signed a contract with Saudi Arabian local pharmaceutical company Tabuk Pharm...

Fashion Korea’s Sae-A Trading buys US sportswear maker Tegra

South Korean textile maker and supplier Sae-A Trading Co. said on Tuesday it has signed a definitive agreement to acquire US sportswear maker Tegra ...

Real estate Blackstone sells prime Seoul office building for $586 mn to Koramco

Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...

Corporate strategy Hyundai Motor aims for next takeoff with $51 billion investment

Hyundai Motor Group plans to spend 68 trillion won ($51 billion) and hire 80,000 new employees over three years as South Korea’s top automaker...

Real estate Shinhan to build landmark office tower for non-banking units

Shinhan Financial Group Co., South Korea's second-largest financial group, plans to build a new high-rise office tower in Seoul’s central busi...

Corporate strategy Hyundai vows to cut costs, seek shift toward SDVs as EV uptake slows

South Korea’s top automaker Hyundai Motor Co. has vowed to sharpen its electric vehicle price competitiveness through tech advancement and eff...

Real estate Samsung Fire headquarters up for sale at about $746 mn

The Samsung Fire & Marine Insurance Co. headquarters building in Seoul is on the market at a valuation of more than 1 trillion won ($746 million...

Real estate Daishin to sell its headquarters at $493 mn to NH-Amundi

South Korea’s Daishin Securities Co. is set to sell its headquarters office to NH-Amundi Asset Management Co. for 660 billion won ($492.6 mill...

Business & Politics China exodus to elevate Korea to Asia hub: AmCham chief

South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapor...

Automobiles Renault to invest $523 mn to build green car hub in Korea

Renault Korea Motors Co., grappling with a protracted slump without new releases, plans to invest more than 700 billion won ($523 million) by 2027 t...

Energy GAS Entec wins order for Indonesian offshore plant

South Korea’s GAS Entec Co., the offshore plant design and modification form, has secured a contract to construct and operate a liquified natu...

Artificial intelligence LG Elec expands workforce to enhance AI cyber security

LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...

Real estate Norway’s prime office value drop hits Korean retail investors

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

Electric vehicles Tesla to showcase Cybertruck in South Korea next week

Tesla Inc., the world’s No. 2 electric vehicle maker, is set to showcase its electric full-size pickup Cybertruck in South Korea, home to its ...