New Korean product helps deal with stress
Korea Ginseng Corporation (KGC) announced on Oct. 24 that it had come up with a new product to help deal with stress and sleep problems at the same time.
The product, dubbed “Double Sleep...
Strong demand for biosimilar products boost Celltrion performances
South Korea’s leading pharmaceutical company Celltrion announced on Oct. 24 that its third-quarter net income had rocketed 32.6 percent from a year before.
The company said that strong demand for its biosimilar products...
Disgruntled Korean consumers do not purchase Chinese beer
The sales of Tsingtao beer are plunging in South Korea after a video of the Chinese brand’s employee peeing in its brewery had been disclosed of late.
According to Korea’s four major convenience...
Korean pharmaceutical firm achieves exploit
South Korea’s pharmaceutical company Celltrion said Monday that its anti-inflammatory medicine had won the approval of the U.S. Food and Drug Administration.
The treatment, dubbed Zymfentra, is targeted for maintenance therapy in adults with moderately to...
Quarterly revenue tops 1 trillion won
South Korea’s life solution company Coway said that it had reached significant milestones in performances during the first half of this year both in terms of financial results and customer base.
The Seoul-based company chalked...
Government okays Apple phone for radiation issues
The South Korean government confirmed on Oct. 20 that the iPhone 12 of Apple had not violated the radiation exposure limits after a month-long reassessment.
Beginning last month, Korea’s Ministry of Science and ICT...
Korean firm shows off global strategic solutions in GovWare 2023
South Korea’s primary cyber security company AhnLab announced on Oct. 19 that it had taken part in the global security conference GovWare 2023.
During the three-day event this week, AhnLab said...
Two corporations gunning for $2.7 billion project
Korea Aerospace Industries (KAI) said on Oct. 18 that the defense firm had agreed to team up with Lockheed Martin of the United States to enter a multi-billion dollar helicopter project for the...
Two firms will cooperate on cell-based seafood products
South Korean food company Pulmuone said on Oct. 5 that it had minted a strategic partnership with BlueNalu to bring the U.S. firm’s cell-based seafood products here.
Under the agreement, the two sides...
Korean food giant comes up with fish-shaped bread
In South Korea, fish-shaped breads have won the hearts and minds of people, who have typically purchased them at the country’s roadside stands as the weather gets cold.
Now, they don’t have to...
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Mirea Asset tapping Choi, Rhie as CEOs
They will co-head Korea’s top asset management company
Mirae Asset Global Investments, South Korea’s foremost asset management company, announced on Nov. 23 that it had...
