The Korean defense industry is accelerating its penetration of the global defense market with powerful weapon systems and differentiated technological competitiveness. For example, major Korean defense companies posted record exports of US$17.3 billion in 2022 and are on track to reach US$20 billion
SK pharmteco will participate at the CPHI 2023 in Barcelona and prepare a dedicated booth at the event. As a multi-modality CDMO with expertise in small molecule active pharmaceutical ingredients (APIs) and biopharmaceuticals, SK pharmteco aims to present its business competitiveness and actively pu
CJ Foodville-operated Tous Les Jours has surpassed the 400 international store milestone.On Oct. 17, CJ Foodville announced that Tous Les Jours has opened over 400 global outlets in countries including the United States, China, Indonesia, and Mongolia.In the U.S., which was the first overseas market
The Korea International Trade Association (KITA) announced on Oct. 16 that it held a Rebuild Ukraine Business Dialogue in Warsaw, Poland, in collaboration with the Ukrainian Chamber of Commerce and Industry and the Korea-Ukraine New Building Association (KUNBA).The event was held to discuss ways to
South Korea has signed a Free Trade Agreement (FTA) with the United Arab Emirates (UAE), marking its first such agreement with a Middle Eastern country and its 24th FTA overall.The Ministry of Trade, Industry and Energy announced that Ahn Deok-geun and Thani bin Ahmed Al Zeyoudi concluded Comprehens
The author is an analyst for NH Investment & Securities. He can be reached at seungyeon.han@nhqv.com -- Ed.In November, J&J is expected to release phase II data for nipocalimab in the treatment of rheumatology. The firm has already released some of the data from its abstract for the ACR conference.
Huawei kicked off the 14th Global Mobile Broadband Forum in Dubai, UAE. Li Peng, Huawei's President of Carrier BG, delivered a keynote at the event. In his speech, Li called on global carriers and industry partners to rise to the occasion, address increasing demands on networks, and make the most of
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.Although high-base burden remains a factor, overall sector earnings for 3Q23 should show improvement versus 1H23. We see many positives to look forward to as end-year approaches, including the resumpti
The author is an analyst for NH Investment & Securities. She can be reached at yd.yoon@nhqv.com -- Ed.We draw attention to NHN KCP’s ongoing top-line growth in defiance of difficult conditions. Despite slow growth in online payment volume, the firm’s ability to secure merchants stands out. The final
Signiel Seoul, the top-tier brand of Lotte Hotels & Resorts, has been recognized by the Condé Nast Traveler as the first and only South Korean hotel to be named among the 'World's Best Hotels,' it was revealed on the 6th.Condé Nast Traveler's 'Readers' Choice Awards' is a prestigious accolade, often
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
On Sept. 25, KB Kookmin Bank announced that it signed an MOU with VNPT EPAY, a leading electronic payment company in Vietnam, on Sept. 21.Since its initial foray into Ho Chi Minh City in the southern part of Vietnam in 2011, KB Kookmin Bank expanded its presence by opening a branch in the northern c
Lotte Group’s Chairman Shin Dong-bin is focusing on the international market with the grand opening of the “Lotte Mall West Lake Hanoi” in Hanoi, Vietnam, set for Sept. 22 (local time). Covering an area of approximately 354,000 square meters, the shopping mall is equivalent to the size of 50 soccer
In a collective move to fortify the digital skills pipeline, Huawei, the ASEAN Foundation, and the Southeast Asia Ministers of Education Organization (SEAMEO) today hosted the Seeds for the Future Summit 2023. Under the theme "Connect, Cultivate, Contribute for Inclusive Digital Talent Growth in Asi
'ABSOLUT GROUND MIX WITH STICKY MONSTER LAB', a brand Pop-up store of ABSOLUT, a premium vodka representing Pernod Ricard Korea Co., Ltd. (Hereinafter referred to as 'Pernod Ricard Korea'), has accumulated 10,000 visitors in 23 days since its opening. It was announced on the Sep. 15th that 10,000 pe
The Federation of Korean Industries (FKI) said it dispatched an economic mission with key officials from the government and business to Poland to attend the Krynica Forum, which was held from Sept. 13-15.The Korean business community is visiting Poland again just two months after a presidential dele
On Sept. 13 (Korean time), LG Chem announced the inauguration of its European Customer Solution Center (CS Center) in Frankfurt, Germany. The opening ceremony was graced by the presence of LG Chem’s Petrochemical Division Chief Noh Guk-rae, the Deputy Mayor of Frankfurt, and other key executives and
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
'H2 MEET 2023', the world's largest hydrogen industry exhibition, will host its largest-ever event at KINTEX 1 in Goyang, Gyeonggi Province for 3 days from Wednesday, September 13 to Friday, September 15.This exhibition is hosted by the H2 MEET Organizing Committee (Chaired by Nam-hoon Kang, Chairma
Pulmuone announced on the 12th that it is launching the 'Robot Chef,' a smart unmanned instant cooking vending machine that serves up hot food on demand with a robot for the first time in Korea to diversify its unmanned sales platform business.Through the launch of the 'Robot Chef,' Pulmuone plans t