Economy
M&A·IB
Pangyo H-Square, a 'Prime Office' Property, Secures 5380억 Refinancing and Lowers Interest Rates
“Pangyo Techno Valley H-Square,” a prime office building in Pangyo backed by investors including the Military Mutual Aid Association and Korea Land Trust, has successfully secured 5380억 won in refinan…
Business·Industry
SamsungElectroMechanics Establishes Joint Venture with Japan's Sumitomo Chemical to Produce Glass Substrates
SamsungElectroMechanics announced on the 2nd that it has signed a definitive joint venture (JV) agreement with Dongwoo Hainchem CO.,LTD, a wholly-owned subsidiary of Japan’s Sumitomo Chemical Group, t…
Financing
[Market In] 'Interest Rate Appeal' Overshadows Pledges to Scale Back... Military-Affiliated Companies and CPs Take the Brakes Off on Funding
The Military Mutual Aid Association, the only major mutual aid association in Korea to raise funds through commercial paper (CP), issued 1.5 trillion won worth of CP in the first half of this year alo…
Business·Industry
Amid a Surge in AI Power Demand… Government and Industry Kick Off Efforts to Commercialize DC Power Grids
Efforts to industrialize direct current (DC) power grids—in response to the expansion of artificial intelligence (AI) data centers and renewable energy—are now in full swing.
Lee Ho-hyun (fifth fro…
Business·Industry
DongKook Pharmaceutical Co.,Ltd. Signs License Agreement with Spain’s Paes Pharma for ‘Euresco Tablets’ in 13 Latin American Countries
DongKook Pharmaceutical Co.,Ltd.(086450)is entering the 3000억 won Latin American urology market, led by “Uresco Tablets,” the world’s first improved combination drug for benign prostatic hyperplasia d…
Business·Industry
Increasing Material Thickness and Improving Component Quality… HYUNDAILIVART Sets Its Kitchen Furniture Apart
HYUNDAILIVART(079430)has launched a new line of kitchen cabinets featuring thicker materials and higher-quality components. The aim is to reduce warping and sagging, which are commonly cited as chroni…
M&A·IB
[Market In] Homeplus’s Turning Point for Restructuring: D-1… Creditors Shift into Bankruptcy Preparedness Mode
With the deadline for approving Homeplus’s reorganization plan just one day away, the recent moves by Meritz Financial Group—the largest creditor—and victims of short-term commercial paper, who are ef…
Business·Industry
SK hynix’s Kwak No-jeong: “100 Trillion Won Investment in Cheongju… M17 Construction to Begin Next Year”
Kwak No-jeong, CEO of SK hynix, announced plans to invest a total of 100 trillion won in Cheongju to build a new NAND production facility (M17) and a state-of-the-art packaging facility. Construction …
Business·Industry
"Finds the 'Exact Match'"... NOROO PAINT Launches AI Complementary Color Technology for Cars
Paint manufacturer NOROO PAINT(090350)has unveiled a system that instantly mixes paint colors perfectly matched to specific vehicles at auto repair shops.
A demonstration of NOROO PAINT’s AI-based …
Business·Industry
LGELECTRONICS Expands HVAC Hubs in Asia… Accelerates Push into Local End-to-End B2B Market
LGELECTRONICS is accelerating the expansion of its global B2B business by successively establishing specialized heating, ventilation, and air conditioning (HVAC) training centers across Asia. The comp…