AiiTONE pushed forward the establishment of the branch in Korea with the UAE Royal Family. It is the first time to build the Royal Family Office in overseas countries.Bruce Jeong, the chairman of Middle Investment said at a press meeting held at Josun Palace Gangnam-gu, Seoul on the afternoon of the
In response to the United States’ semiconductor sanctions, China’s “Semiconductor Self-Reliance” strategy is gradually coming to the surface. Given the immediate challenge of countering U.S. sanctions, China is discreetly pouring substantial funds into attracting overseas semiconductor talent. Furth
Coway Co., Ltd., the “Best Life Solution Company,” has once again demonstrated its exceptional design expertise by securing the Silver and Bronze awards and a Finalist nomination at the International Design Excellence Awards (IDEA) 2023.Hosted annually by the Industrial Designers Society of America
Korea Easy Payment Foundation, the official operator of ZeroPay, announced the introduction of Alipay+ global cross-border digital payments and marketing solutions at over 1.7 million merchants across South Korea, in a move to further ensure a smooth and convenient experience for Asian tourists.Star
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.We hosted a non-deal roadshow (NDR) for The Nature Holdings following its 2Q23 earnings announcement. The attending institutional investors expressed interest in its timeline for overseas expansion
Korea South-east Power announced on Aug. 22 that it attended the 38th Meeting on Streaming Coal Procurement and Handling held in Malaysia from Aug. 8 to 11.This meeting was attended by fuel purchasing managers from four countries: Korea South-East Power, Taiwan Power Company, Japan’s J-Power, and Ma
On Aug. 22, JW Pharmaceutical announced that it has received approval for the Phase 3 clinical trial plan (IND) of the gout drug “Epanewrad” (code name URC102) from the Taiwan Food and Drug Administration (TFDA).Epanewrad, which JW Pharmaceutical is developing as an oral medication, is a uric acid e
Chinese companies that have been exporting solar cells and modules to the United States through Southeast Asia are facing a “tariff bomb” from the U.S. Department of Commerce. Hanwha Q CELLS, the solar division of Hanwha Solutions, based in Malaysia, stands to benefit from these tariffs.On Aug. 18,
La Boutique Bleue Cell Beauty (LBB) has inked an export agreement worth 800 billion won with multinational conglomerate Shinwha Group.The Shinwha Group, with which LBB has signed this deal, has overseas subsidiaries in major countries including China, Hong Kong, Vietnam, the U.S., and France. It ope
As the importance of carbon neutrality has been growing globally, major Korean companies are focusing on the carbon capture, utilization, and storage (CCUS) business. The idea is to collect carbon dioxide (CO₂) emitted into the atmosphere from fossil fuels to reduce greenhouse gas emissions and then
Experienced and technically skilled companies are joining the coalition between South Korea and Malaysia for the Carbon Capture & Storage (CCS) project.According to SK Innovation on the 11th, companies participating in the Shepherd CCS Project, including SK energy, SK E&S, Samsung Engineering, Samsu
Coway Co., Ltd., the “Best Life Solution Company,” today reported financial results for the second quarter of 2023."We’ve successfully sustained steady growth through global market expansion, innovative product offerings, and strategic marketing efforts, despite difficult market circumstances," comm
On Aug. 7, Lotte Energy Materials announced its plan to build a smart factory in Spain to produce high-end copper foil with a completion target of 2025. The company will invest 560 billion won and produce high-end copper foil for electric vehicle batteries at an annual scale of 30,000 tons.Initially
On July 24, SKC announced in its 2023 Sustainability Report that it plans to achieve more than 15% market share in the global silicon anode material market, a key component for next-generation secondary batteries, by 2032, aiming to become one of the top 3 in the market.“Given the solid position of
The food and beverage industry in South Korea is witnessing the tremendous influence of K-pop girl groups, gaining immense popularity globally.According to industry sources on July 24, the girl group NewJeans holds a truly exceptional impact among various distinguished girl groups in the country. Se
Vietnamese authorities have initiated an investigation into the concert organizers of the girl group Blackpink’s world tour, which is set to stop by Hanoi on July 29. The investigation was prompted by suspicions raised over a map posted on the organizer’s website that showed a line similar to the “N
The Korea International Trade Association (KITA) announced on July 12 that it held a contract signing ceremony for the supply of an inventory management system between domestic logistics startup ROVIGOS and Malaysia’s Parkson Department Store at its Startup Branch in Seoul.Parkson Group, a part of t
Korea and China are set to compete in the battery industry in Southeast Asia with high growth potential. Korean companies are investing heavily in Indonesia, Thailand, Malaysia, and Vietnam, the four largest electric vehicle markets in Southeast Asia. China, which has been blocked from entering Nort
GS25, a Korean convenience store giant operated by GS Retail, has failed to enter the Malaysian market.According to 1conomynews, a Korean media outlet, on July 9, GS25 chose Malaysia as the third country in its overseas expansion after Vietnam and Mongolia, and announced its strategy to introduce lo
Samsung Electronics, which has been focusing on the automotive semiconductor market, has announced its entry into the next-generation power semiconductor market. Accordingly, industry insiders are paying attention to whether the era of silicon semiconductors will come to an end and the market for ne