LG Group has decided to embark on joint AI research and development with The Jackson Laboratory, a world-renowned genome research institution based in the United States, to unlock the secrets of Alzheimer’s disease and cancer.LG AI Research and The Jackson Laboratory have signed a recent contract fo
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
Lotte World Tower’s SKY31 Convention center, operated by Lotte Property & Development, has been selected as a “Korea Unique Venue.”A Korea Unique Venue, selected jointly by the Ministry of Culture, Sports, and Tourism and the Korea Tourism Organization, represents a space capable of hosting meeting,
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
Busan City became the venue of the 2025 general meeting of the World Anti-Doping Agency (WADA) at the WADA board meeting held in Cairo on May 19.The first general meeting of the agency took place in Lausanne, Switzerland in 1999. Then, Copenhagen, Madrid, Johannesburg and Katowice hosted the followi
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. ABKO is Korea’s leading gaming gear manufacturer. With the complete lifting of social distancing, the firm should benefit from the normalizing of business at PC rooms. Replacement demand for home PCs
The Institute for Basic Science (IBS) has developed a porous gold nanoelectrode-based biosensor for immediate disease diagnosis based on blood and urine. The institute succeeded in diagnosing prostate cancer with the biosensor that covers infectious diseases as well as cancers.A urine or blood biosa
The Institute for Basic Science (IBS) and the Ulsan National Institute of Science and Technology (UNIST) announced on Feb. 23 that they have developed Cindela, a side effect-free treatment technique applicable to every cancer without damage to normal cells. Details of the research have been publishe
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. Overall nationwide, the number unsold apartments remained healthy in May, totaling around 16,000 units. But, a slight uptrend in unsold apartment volume has been appearing since March in Daegu, U
India International Convention and Expo Centre (IICC), which is currently being built in New Delhi, India, will represent the MICE industry of Southwest Asia. IICC will be operated and managed by KINEXIN Convention Management Private Limited, which is a consortium company founded by the Korea Intern
Boryung Pharmaceutical has signed a contract with SN BioScience for exclusive sale in Korea of the world's first nano-micelle anticancer drug SN-101 (component name: Nanocomposite SN-38).Through this contract, Boryung Pharmaceutical will hold exclusive sales rights in Korea for 10 years after th
Incheon City, the third-largest in South Korea, is emerging as a global city. The following is Business Korea’s recent interview with Incheon Mayor Park Nam-chun, who became the seventh mayor in July 2018 in the city where he was born. – Ed. COVID-19 is still ongoing. How is the city dealing with th
The Biotech Policy Research Center announced on Jan. 7 that the global stem cell market is expected to grow from US$16.2 billion in 2021 to US$23.9 billion in 2025 and the global stem cell therapeutics market is expected to show an average annual growth of 16.5 percent from US$2.4 billion during the
A team of Korean researchers has confirmed for the first time in the world that the energy source of cancer cells is fatty acid. The result overruns a study by German physiologist Otto Warburg who nabbed the Nobel Prize in physiology and medicine in 1931.The National Cancer Center announced on Sept.
The author is an analyst of NH Investment & Securities. He can be reached at junsup@nhqv.com. -- Ed. Arrival of fintech platform-based securities firms to intensify competition in domestic brokerage marketDeng Xiaoping once said, “I don't care if the cat is black or white, so long as it catches
Korea Exchange announced on April 19 that the top 10 non-ETF picks of foreign investors in the South Korean stock market gained 49.39 percent on average from March 19 to April 17 while those of individual and institutional investors gained 32.69 percent and 43.64 percent on average, respectively.Dur
Professor Jonathan Sessler at the University of Texas released his research result on the anticancer drug candidate of oxaliTEX on March 17. Dr. Hong Kwan-soo and his research team at the Korea Basic Science Institute (KBSI) participated in the professor’s animal model experiment for verifying the e
2019 was a fruitful year for the Incheon Free Economic Zone (IFEZ) as it exceeded its foreign direct investment (FDI) attraction goal by as much as 43 percent. Yet IFEZ needs to change its FDI attraction strategy this year as the South Korean government has abolished or reduced incentives for FDI an
The world is shaken by the spread of new coronavirus infections from the beginning of 2020. The new coronavirus, suspected of having come from wild animals, continuously mutates, unlike the coronavirus that causes a cold, and penetrates deep into the airway, causing a severe respiratory disease. The
Korean researchers have identified the Down syndrome critical region gene 1 (DSCR1), an intellectual disability-causing factor in Down syndrome, and its mechanism of action for the first time in the world.Adult neurogenesis is the process by which new neurons are created in the hippocampus of the ad