After enduring difficulties in the first quarter, major Korean entertainment companies have been aggressively marketing themselves. They are also changing their consumer bases, shifting from a profit structure that relies on core fans to target light fans, those who consume music lightly.According t
South Korean travelers have ranked Singapore and Japan as the most secure and comfortable countries to travel in the world. These two countries were ranked first and second, respectively, not only for their safety and security but also for their overall pleasant travel infrastructure, including clea
STX Corporation, a global trade and development company, is expanding its presence in the Middle East by successfully completing its second transaction to Iraq through its business-to-business (B2B) platform “TrollyGo.” With a significant monthly increase in users in the Middle East region, there ar
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.Excluding losses at YG Investment, YG Ent’s 4Q23 results met our expectations. BabyMonster’s first debut album, which is to feature the return of main member Ahyeon, is to be released on Apr 1. We e
The government has announced its plan to expand the global Korean cuisine industry to a scale of 300 trillion won by 2027. The strategy involves increasing the number of overseas Korean restaurants to 15,000 and more than tripling the number of Michelin-starred Korean restaurants compared to the cur
Bentley Motors announced on Jan. 29 that it delivered a total of 13,560 units in the global market last year, the third highest performance in its history.In South Korea alone, the automaker sold a total of 810 vehicles in 2023. For the second year in a row, South Korea ranked fifth in Bentley sales
Cho Hyun-sang, vice chairman of Hyosung Group, attended the World Economic Forum (WEF, also known as the Davos Forum) to communicate with global leaders and explore new business opportunities for Hyosung Group, a global company in the materials sector.This year marks the 54th World Economic Forum, h
GC Biopharma Group is approaching close to 5 trillion won in total assets, setting a milestone as the first traditional pharmaceutical group to reach the disclosure threshold for public reporting.According to the electronic disclosure system on Jan. 11, the total assets of GC Biopharma Group, includ
A bill to amend the Petroleum and Petroleum Alternative Fuel Business Act passed the National Assembly’s plenary session on Sept. 9, paving the way for refiners to produce sustainable aviation fuel (SAF).SAF is an aviation fuel derived from renewable biomass or carbon dioxide. It has the same compos
Hyundai Motor India Limited (HMIL), announced Rs 6 180 Crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Madras). This is in addition to the Rs 20 000 Crore investment planned in a phased manne
Korea and the Gulf Cooperation Council (GCC) have finalized negotiations on a free trade agreement (FTA). The Korea-GCC FTA is Korea’s twenty-fifth FTA and the second with the Arab world after the Korea-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA). As Korea has gain
OCIM, a wholly owned subsidiary of OCI Holdings in Malaysia, has penetrated the U.S. market by signing a contract worth US$1 billion with an American company. OCIM’s strategic product is non-Chinese polysilicon.OCI Holdings announced on Dec. 19 that it had signed a contract for the supply of polysil
GC Biopharma Corp’s eight-year endeavor has finally come to fruition as its blood product successfully enters the U.S. market. This achievement marks the first Korean blood product and the seventh new drug to receive approval from the U.S. Food and Drug Administration (FDA).On Dec. 18, GC Biopharma
Art & Design International(hereinafter: Art & Design), running the Global skincare brand # OOTD Beauty, was awarded the 1 Million Dollar Export Tower award on the 60th national trade ceremony day. OOTD Beauty made its debut in the United States through offline retailers such as Macy’s, TJ Maxx and M
Hyundai Engineering & Construction announced on Nov. 17 that they have won the Awards of Excellence and Honourable Mention in the apartment complex category and the playground design category, respectively, at the 2023 IFLA Award held at Futako Tamagawa Rise Studio & Hall in Tokyo, Japan.The winning
Korean researchers have developed a world-class ruthenium (Ru) catalyst for ammonia decomposition that will accelerate production of clean hydrogen by extracting hydrogen from ammonia, the key to the hydrogen economy quickly and in large quantities. Above all, the world does not have a commercial pr
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.YG Ent posted consensus-meeting 3Q23 results. Viewing the firm’s current share price as already fully reflecting concerns toward an entertainment firm, we advise investors to focus on outweighing up
A video of a worker urinating on raw materials at a Tsingtao Beer plant in China has raised questions about whether the video will make a change in the imported beer market in Korea.“Korea is highly concerned about food hygiene and has some anti-China sentiments, so the video is bound to give the ne
The author is an analyst for NH Investment & Securities. He can be reached at hzl.lee@nhqv.com -- Ed.We lower our TP on ContentreeJoongAng to W16,000, reflecting both declines in broadcasting peer multiples and the continued sluggish performance of theaters. However, we adhere to a Buy rating. With
Habitat for Humanity addressed the crisis of affordable and inclusive housing in Asia and the Pacific and urged stakeholders to take sustainable approaches for adequate housing in informal settlements, at a press conference hosted by the global non-profit housing organization today. Habitat also hig