Hyosung Advanced Materials has been newly included in the 2023 Dow Jones Sustainability Indices (DJSI) Korea.The DJSI is a global sustainability management assessment index published annually by S&P Global Switzerland, the world’s largest financial information provider.Companies incorporated into th
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Backed by lower P/E levels than those for other game companies and healthy 3Q23 earnings, Krafton’s share price has rebounded. However, the recent share price rise has pushed up its P/E. As Krafto
CJ Freshway’s 2022 ESG Report has received the Gold Award at the 2023 Spotlight Awards organized by the League of American Communications Professionals (LACP), a prominent U.S. communications association. The report also earned a place in the Worldwide TOP 100, a selection of the top 100 outstanding
The Korea Airport Corporation is redrawing its future blueprint, focusing on the “golden route” between Gimpo and Haneda, expanding its role as a business shuttle airport to the capitals and major cities of Korea, China, and Japan.According to the corporation on Nov. 30, plans are underway to expand
Pernod Ricard Korea, the Korean division of the global wine and spirits company Pernod Ricard, has demonstrated as one of the top 3 finalists in the ‘Golden Stars’ category and received the certificate at the ECCK Sustainability Awards 2023 organized by the European Chamber of Commerce in Korea.The
Forbes today unveiled its 2023 Asia’s Power Businesswomen list, honoring 20 successful female leaders across the Asia-Pacific region, who operate in a broad range of industries including finance and banking, property, technology and commodities. The complete list can be found in the November issue o
The strength of the U.S. dollar, along with measures to stabilize the market and prevent further depreciation of the South Korean won, has resulted in a decline in foreign exchange reserves for the third consecutive month.According to foreign reserves statistics released by the Bank of Korea on Nov.
Ed Note: A previous version of this story misattributed the ownership structure of Hillhouse Capital. The article was edited on Nov. 6, 2023. Private equity fund (PEF) manager Hillhouse Capital is actively pursuing the acquisition of SK eco prime, the leading biodiesel company in South Korea.Accordi
While the global economy faces a downturn, domestic beauty industry leaders like Amorepacific and LG Household & Health Care are grappling with challenging times. In stark contrast, Kolmar is flourishing on its own. Amid the repercussions of the economic downturn, the consumer market has experienced
Investor concerns are growing within the overseas real estate fund market as even prime overseas office buildings with low vacancy rates are showing investment losses. Particularly, as the maturity dates of real estate funds established from 2018 to 2021 are set to continue, warning signs are also o
While the government has been emphasizing price stability in recent times, foreign and multinational companies are exacerbating domestic price increases.According to the retail industry on Oct. 28, it has been pointed out that despite the government’s recent call for restraint in price increases, so
The rapid growth of Compute Express Link (CXL) – emerging as the next-generation DRAM standard – is capturing the semiconductor industry’s attention. Both Samsung Electronics and SK hynix view CXL as a game-changing technology for the next-gen memory market, the next step after High Bandwidth Memory
Samsung Electronics and LG Electronics are pumping up their efforts to promote their gaming monitors among gamers of the e-sports League of Legends (LoL) scene.LoL is the world’s most popular game with nearly 200 million monthly active users. There are continental leagues such as League of Legends C
ONDA, a South Korean hospitality technology company, is participating in Dubai’s largest startup and investor event to mark its entry into the Middle East hospitality technology market.ONDA (CEO Hyun-seok Oh) announced its participation in ‘Expand North Star 2023’ from October 15th to 18th at the Du
LOTTE Corporation’s 2021 Sustainability Report has been awarded Best of South Korea at the American 2023 Annual Report Competition (ARC) Awards.Now in its 37th year, the ARC Awards, organized by the U.S. corporate communications specialist MerComm, is the world’s largest annual report and sustainabi
Korea’s foreign exchange reserves fell for the second consecutive month in September as the U.S. dollar continued to strengthen.Korea’s foreign exchange reserves stood at US$414.1 billion at the end of September, down by US$4.18 billion from US$418.3 billion at the end of August, according to foreig
The inaugural Seoul Smart City Prize winners received their awards from the World Smart Sustainable Cities Organization (WeGO) during a ceremony at Dongdaemun Design Plaza on Monday, Sept. 25.Odense and Wellington were the top cities recognized, alongside the mayors of Dhaka South City Corporation a
On Sept. 21, Busan Mayor Park Heong-joon and the Busan Digital Asset Exchange Establishment Promotion Committee held a press conference at Busan City Hall to announce a “Plan for Establishing the Busan Digital Asset Exchange.”The main objective is to create a fourth-generation blockchain-based excha
The much-anticipated IPO of Doosan Robotics on the KOSPI this year has solidified its offering price at the top of its anticipated range, thanks to massive interest from the world’s largest sovereign wealth funds and asset management companies.According to the domestic economic media Seoul Economic
As three groups – LX International, a consortium led by Harim, and Dongwon Industries – were selected as potential candidates for HMM’s acquisition and has begun due diligence process for two months, the industry is already witnessing negative speculation.The uncertainty surrounding HMM’s management