South Korean recycled leather company ATKO Planning said Wednesday that it has been selected by German carmaker BMW as a potential business partner at a startup pitching event held at the Seoul Trade Exhibition Center on April 21. The annual event,

SEOUL: Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.

A man looks around a flour section at a discount store in Seoul on Wednesday amid growing concerns over possible grain price hike with India‘s wheat export ban.

Korea Chamber of Commerce and Industry Chairman Chey Tae-won on Wednesday stressed his desire to help mend the frayed ties between Seoul and Tokyo, saying their partnership will play a role in tackling ongoing geopolitical uncertainties. “Ami

KB Kookmin Bank opened a unmanned branch within top retailer Emart‘s No Brand store in Express Bus Terminal in Seoul on Tuesday. The branch, launched in partnership with Emart, connects users with bank tellers through video calls and provides b

Hanwha Group Chairman Kim Seung-youn on Wednesday met with Edwin Feulner, the founder of the Heritage Foundation, a Washington-based policy think tank, in Seoul and exchanged views on ongoing geopolitical issues affecting the global economy. 　 The l

　Incheon Airport, the main gateway to South Korea, became the world’s second-busiest cargo airport in 2021, up one notch from the previous year, a trade body said. 　Incheon International Airport handled 3.23 million tons of international cargo

Seoul aims to become a global hub for beauty and cosmetic businesses by providing full support to small- and medium-sized companies eyeing opportunities to enter overseas markets, a business support organization run by the municipal government said.

Seoul Administrative Court on Thursday ordered the Seoul city government to halt its plan of an eight-month business suspension on HDC Hyundai Development over its building demolition project that killed nine. The court order is in effect until the

Ford Sales & Services Korea Inc., Hyundai Motor Co. and four other carmakers will voluntarily recall 54,390 vehicles combined over parts defects, Seoul's transport ministry said Thursday. Ford will recall 19,733 Explorer SUVs over faulty rear to

South Korean telecommunications giant SK Telecom said Wednesday it has agreed to buy a stake in Morph Interactive, a Seoul-based three-dimensional motion graphics company, in a move to bolster a strategic partnership for accelerating its metaverse pu

Hyundai Engineering & Construction, the construction arm of Hyundai Motor Group, said on March 22 that it started sales of its new Hillstate apartment complex in Geomdan New Town, Incheon. The apartment complex comprises 13 buildings and a total

BMW will soon kick off sales of its latest electric vehicle model i4 in South Korea, according to the carmaker‘s Seoul branch on Tuesday. Already raking in some 3,700 pre-orders, the i4 saloon is set to boast a strong presence in the Korean EV

South Korea's top trade official met with foreign envoys to Seoul on Thursday and discussed ways of cooperation to ensure stable supplies of key materials amid global supply chain disruptions and simmering tensions surrounding Ukraine, the industry m

Kyobo Life Insurance, one of South Korea's leading life insurers, said Friday it will press ahead with an initial public offering (IPO), despite a court ruling that could get in the way of its move. A day earlier, a Seoul court acquitted officials of

Labor ministry officials raided the headquarters of Sampyo Industry in central Seoul on Friday in connection with a recent industrial accident in a quarry that left three workers dead, officials said. The raid came after the ministry booked Sampyo, a

Netherlands-based lithography equipment maker ASML is poised to add at least 1,000 more jobs in South Korea by the end of 2029, ASML CEO Peter Wennink said in a conference in Seoul Wednesday. The move will bolster its partnership with Korean semico

Eva Global Holdings, a New York- and Seoul-based consultancy firm specializing in trade and investment, said Tuesday it has signed a memorandum of understanding with the Federation of Indian Industry to support Korean companies looking to enter the I

SEOUL: Jeong Mi-hee used to buy a lot of whisky in airports. When the coronavirus pandemic brought her business travel to halt, she started paying more attention to local drinks she had overlooked.

NextRise 2022, Seoul, a global startup conference co-hosted by the Korea International Trade Association and Korea Development Bank, is set to be held in Seoul on June 16 and 17, with aims to connect startups and their potential business partners and