Samsung Biologics held its 13th regular general shareholders’ meeting at the Songdo Convensia in Incheon on March 15. The shareholders’ meeting, attended by approximately 1,500 shareholders both on-site and online, lasted for about 30 minutes starting at 9 a.m.During the meeting, a total of four age
SK ecoplant has partnered with the global resort company Therme Group to advance the development of a European-style spa and resort in Songdo.On March 8, SK ecoplant announced the signing of a memorandum of understanding (MOU) with Therme Group for the resort development and construction, as well as
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company broke ground on a major expansion of its vaccine manufacturing plant, L HOUSE, located in Andong, Gyeongsangbuk-do, South. The groundbreaking c
On Feb. 20, the Incheon Free Economic Zone (IFEZ) announced the inauguration of Yoon Won-seok, the former executive vice president of the Economic and Trade Cooperation at the Korea Trade-Investment Promotion Agency (KOTRA), as its 8th Commissioner. The position of Commissioner of the Incheon Free E
Incheon will host this year’s APAC Wind Energy Summit on 26-28 November 2024.The thriving port city in South Korea has abundant potential for offshore wind development and provides the perfect setting for local, national and international groups to come together and drive the region’s offshore wind
Samsung Biologics is expected to continue to post the highest growth rate in the global contract development manufacturing organization (CDMO) industry this year after posting record-high business results in 2023.A consensus forecast for Samsung Biologics’ revenue growth was 22 percent last year, ac
The 42nd JP Morgan Healthcare Conference is set to take place from Jan. 8 to 11 in San Francisco, California, in the U.S. This annual event, held every January, is renowned as the world’s largest healthcare investment venue where major global pharmaceutical companies, emerging biotech firms, and pro
POSCO International is rapidly transforming into an eco-friendly comprehensive business company and a business platform provider.POSCO International announced on Dec. 19 that, in its first year since the merger with POSCO Energy, it has successfully established three major business value chains -- e
On Nov. 27, Incheon Free Economic Zone Authority (IFEZ) announced that a delegation of 11 researchers, including Professor Han Nam-sik, AI Center Director at the Milner Research Institute affiliated with the University of Cambridge, and Senior Researcher Georgia Sakkoziorga visited IFEZ. They toured
Representatives from the Incheon Free Economic Zone (IFEZ) and Yonsei University’s K-NIBRT initiative discussed collaborative strategies with a delegation from Ireland’s Department of Business, Enterprise, and Employment in Songdo International City.The Incheon Free Economic Zone (IFEZ) and Yonsei U
Incheon Free Economic Zone (IFEZ) celebrates its 20th anniversary on Oct. 15, marking two decades of steering South Korea’s economic growth.Incheon Free Economic Zone (IFEZ), composed of Songdo, Cheongna, and Yeongjong International Cities, was designated as South Korea’s first free economic zone on
The Incheon Free Economic Zone and the World Health City Forum Organizing Committee are ramping up preparations for the 1st World Health City Forum (WHCF), which will be held at Songdo ConvensiA in Incheon from Nov. 20 to 22.On Oct. 4, a press briefing was held at the Oakwood Premier Incheon in Song
Samsung Biologics announced on Sept. 18 that it has signed a contract manufacturing organization (CMO) agreement worth US$242 million (321.3 billion won) with BMS. The agreement entails the supply of biopharmaceuticals to BMS over the next seven years, extending until 2030.BMS, ranked 7th globally i
Samsung Biologics (KRX: 207940.KS) announced today a new agreement with Bristol Myers Squibb (NYSE: BMY) for large-scale manufacturing of a Bristol Myers Squibb commercial antibody cancer drug substance.Bristol Myers Squibb and Samsung Biologics have an existing manufacturing agreement for a commerc
Bank of Korea Governor Lee Chang-yong had a surprise meeting with Pan Gongsheng, the current Chinese Communist Party Committee Secretary and head of the People's Bank of China (PBC) on July 3 ahead of U.S. Treasury Secretary Janet Yellen’s visit to China. The PBC actively publicized the meeting
Kim Jin-yong, chief of the Incheon Free Economic Zone Authority (IFEZA), emphasized on June 29 at the annual conference hosted by Urban Land Institute (ULI) Korea, “We will foster the Songdo Bio Cluster into a global bio hub, establishing it as a future growth engine for the Incheon Free Economic Zo
Incheon City's Incheon Free Economic Zone Authority announced on May 17 that it has signed a Memorandum of Understanding for the establishment of Cheongna G-Tech City at the G Tower in Songdo International City.The signing ceremony was attended by Incheon Mayor Yoo Jeong-bok, Incheon Free Econom
KGC Ginseng Corporation announced that it will present CheongKwanJang (red ginseng) to governors and members of the Asian Development Bank (ADB) Board of Directors from more than 60 member countries in the 56th Annual Meeting of the ADB in Songdo, Incheon.They will be given Donginbi, a dual anti-agi
Hana Financial Group announced on May 2 that it will officially sponsor and operate an exhibition pavilion at the 56th Annual Meeting of the Asian Development Bank (ADB) in Songdo, Incheon, to strengthen cooperation among global financial institutions.Through the ADB meeting, Hana Financial Group pl
Bank of Korea Governor Rhee Chang-young and Bank Indonesia Governor Perry Warjiyo signed a memorandum of understanding (MOU) to promote direct trade between the Korean won and the Indonesian rupiah.The two central banks will create conditions for private banks to directly exchange the Korean won and