Economy
Business·Industry
"International Climate Industry Expo," "Marine and Fisheries Expo," and more… Events to Watch This Week
The BeLT, the tourism and MICE news team of the comprehensive economic daily E-Daily, presents a variety of news from the domestic and international MICE (Meetings, Incentives, Conventions, and Exhibi…
M&A·IB
[Report] Yeongju, the ‘Urban Regeneration Myth’… Now a Startup Hub
Isan-myeon is located a considerable drive from the downtown area of Yeongju, North Gyeongsang Province. As you drive along the quiet village roads, an abandoned school situated on a spacious lot come…
Business·Industry
"Marine MICE: 'Marine Tourism and MICE' Should Be Revitalized by Expanding Activities to a Regional Level"
Opinions have been raised that to revitalize marine tourism and MICE (Meetings, Incentives, Conferences, and Exhibitions) in major South Coast cities such as Gwangju and Yeosu in South Jeolla Province…
M&A·IB
Flood of Dividends and Share Buybacks by Listed VCs… Now IB and StoneBridge Lead the Way [Market In]
Listed venture capital (VC) firms are increasingly engaging in shareholder returns, such as dividends and share buybacks. Now IB Capital (Now IB) has decided to allocate funds secured through a stock …
Business·Industry
Seo Young-kyo: “Genencell Has No Connection to SEJONG MEDICAL Co.Ltd.”… Investment Talks Took Place Four Days Before Kim Seung-won’s Call
The debate surrounding the complaint filed by Kim Seung-won, nominee for Minister of Justice, regarding the approval of Genencell Co., Ltd.’s Investigational New Drug (IND) application for a COVID-19 …
Business·Industry
Samsung and Ambarella Form 2-NANO Alliance to Develop Physical AI Chips
Samsung Foundry (semiconductor contract manufacturing) is expanding its customer base by leveraging its cutting-edge 2-nanometer (nm) process. The company is accelerating its push into the North Ameri…
Financing
[Market Insight] Taihan Cable & Solution Receives 119 Billion Won in Orders During Bookbuilding for 40 Billion Won in Corporate Bonds
TaihanElectricWire(001440)The company successfully secured the target amount of funds through a corporate bond bookbuilding process. Analysts say the results were solid, with the spread over the marke…
Business·Industry
Boryung Spins Off ETC Business Unit… Establishes “Boryung Pharma Solutions” as a Wholly-Owned Subsidiary
Boryung CI (Photo courtesy of Boryung)
Boryung(003850)Boryung will spin off its prescription drug (ETC) sales division through a corporate split to establish “Boryung Pharma Solution (BPS),” a sub…
Business·Industry
Suspicious Funds Flowing into ‘Genencell’s New COVID-19 Drug’… ‘Swarming’ of Insiders Behind the Scenes
Although Genencell was an unlisted company, it was a biotech firm that attracted significant funding at the time by riding the “COVID-19 treatment” trend. In particular, when tracking management contr…
Business·Industry
Electric Heating for Apartments… LGELECTRONICS Conducts First Heat Pump Demonstration at Jeju Apartments
LGELECTRONICS is launching a pilot project for “boiler-free apartments” that replaces existing boilers and gas piping with heat pumps. This marks the first instance in South Korea where a heat pump sy…